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...The private equity firm this week agreed a sale of Dorna Sports, which owns MotoGP, to Liberty for €4.2bn including debt....
...CVC sold F1 to Liberty in 2017 in a deal worth $8bn....
...Redbird IMI, Liberty, All3Media and Warner Bros declined to comment. Analysts had expected ITV to buy All3Media given that the two companies have a common shareholder in John Malone’s Liberty....
...Formula One, which is owned by US group Liberty Media, and Ben Sulayem’s FIA are discussing the situation, according to people with knowledge of the matter. F1 and the FIA declined to comment....
...its new motorsport asset....
...News of the restructuring came shortly after Liberty Global reported its annual results. It swung to a loss from continuing operations of $3.9bn in 2023 compared with earnings of $1.1bn in 2022....
...Mehboob-Khan said there was “a lot of demand for [Liberty’s brand] to go outside beyond our ecommerce”, which could lead to the first new stores since last century....
...Mnuchin started Liberty in 2021 after leaving the Trump administration....
...From a December press release: Liberty Media Corporation (“Liberty Media” or “Liberty”) (Nasdaq: LSXMA, LSXMB, LSXMK, FWONA, FWONK, LLYVA, LLYVK) and Sirius XM Holdings Inc....
...“They are like lemmings when it comes to this stuff,” said Bill McGee, a senior fellow for aviation and travel at the American Economic Liberties Project, an anti-monopoly think-tank....
...The new law, which comes in addition to a wide-ranging national security law imposed on Hong Kong by Beijing in 2020, will come into effect on Saturday....
...“This is not a new development but a long-running dispute relating to a contested deferred consideration from 2019 which GFG is challenging through legal means,” GFG said....
...Hong Kong is fast-tracking a tough new national security law that imposes life imprisonment for treason and increases sentences for crimes such as sedition, fuelling concerns that civil liberties are being...
...Miami had been on the cards for years until Liberty got the deal over the line. But it was the Las Vegas GP that took F1 into new territory....
...This year, the legal operations team at Liberty Mutual launched a programme that pairs its staff with lawyers to improve processes or apply new technologies in specific areas of the business....
Case studies in best practice among general counsel and company legal teams in North America
...“New beginnings are not about throwing out the old for the new, they’re about cherishing the old and taking it with you through the door,” she says....
...(News Items)...
...Hong Kong on Tuesday passed a broad new security law that was fast-tracked through the legislature, in a move that critics say will pave the way for a further erosion of civil liberties in the Chinese territory...
...One big winner was the Newhouse family, who through Advance Magazine Publishers Inc own Condé Nast, which bought Reddit in 2006 for $10mn before spinning it out in 2011....
...I will be talking to my Senate and House colleagues to try to find a path forward that is constitutional and protects civil liberties,” Cantwell said....
...“It’s a shame for Brussels, and all of Europe, to see that our constitution, liberty of speech and liberty of gathering are now all of a sudden not possible anymore”, said Dominiek Lootens-Stael, a member...
...The company said it had a “robust restructuring plan” for Liberty Ostrava, which showed an “achievable path back to profitability and the repayment of creditors”....
...Wolff said that Vegas was a “mega spectacle” that would “set a new standard for the sport” but Ferrari’s Vasseur warned that, perhaps, not everybody would be “at the same standard”....
...And there were no questions from the sellside analysts about reduced potential cost savings, nor what would need to be sacrificed to create the new capacity....
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