Hints and tips:
...Delaware....
...Public records show that the Delaware-registered entity Son used to buy the property, SV Projects LLC, mortgaged the house to secure a ¥10bn loan — worth $92mn at the time — from Japanese bank Mizuho to...
...But according to a complaint filed in Delaware Chancery Court on Wednesday, “there was no legitimate reason to pay the founders’ personal taxes”, and an aggrieved Apollo shareholder, the Anguilla Social...
...According to a filing in Delaware, where Anthropic is incorporated, it has two classes of stock, one of which carries 10 times the voting rights of the other....
...But rather than move on, HIG has sought redress in a Delaware state court, accusing Audax of directing a “brazen, massive, systemic” accounting fraud at Mobileum to juice the selling price....
...Apollo has also historically turned to the borrowings, pledging its shares in ADT, Rackspace, Hilton Grand Vacations, TD Synnex and OneMain Financial to secure loans, according to the filings....
...Vice-chancellor Sam Glasscock of the Delaware Court of Chancery repeatedly chided each side’s lawyer as well as Handler and Pruzan, the only two witnesses, to refrain from interrupting each other in the...
...the Delaware Court of Chancery....
...a stately but cramped courtroom to make their case to Sam Glasscock, a longtime vice-chancellor of the Delaware Court of Chancery....
...But Apollo’s DIP financing proposal fell through after Yellow’s lawyers last Friday told a federal bankruptcy judge in Delaware that two other parties — MFN Partners, a Boston-based hedge fund, and Estes...
...Charles Elson, a corporate governance expert at Delaware university, sees these concurrent relationships as a potential conflict of interest that might concern prospective Arm investors....
...The lenders allege Byju’s has technically defaulted on the loan and have used a legal challenge in Delaware to try to force the company to accelerate payment....
...Both sides are now litigating in a Delaware court over the bitter parting, each accusing the other of treachery....
..., which would be one of the biggest shareholder awards in the Delaware Court of Chancery....
...August 14, 2023: Prime Trust, LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware...
...The US company appeared to be Delaware ringfenced beyond its intellectual property relationships (with BVI-based Alameda Research Ltd and Cottonwood Grove Ltd of Hong Kong) while the remainder was a multijurisdictional...
...The subsequent legal fight would be dramatic and the ruling in the Delaware Court of Chancery on the case would become a seminal precedent in busted deal litigation, of the kind that is relevant again today...
...The lawsuit plaintiffs allege that the transaction process “violated several requirements of the LLC agreement” and that SVP “obscured the Company’s asset valuations and concealed critical information from...
...(MgmtCo is how SoftBank describes Masa’s Delaware-incorporated MASA USA LLC vehicle.)...
...Digital Augean doesn’t have much of a web presence, but a firm with that name was registered in Delaware on November 17 of this year. That’s about a week after FTX filed for bankruptcy. J.D....
...The two-step gambit is made possible by the Lone Star state’s divisional merger law, which — unlike every other US state excluding Delaware — defines a merger to include “the division of a domestic entity...
...That is the provocative theory of a lawsuit brought by a shareholder of Twitter that, just 10 days ago, gained traction in a Delaware court....
...Cryptocurrency lawyers said for-profit DAOs had largely registered as Delaware LLCs, one of the most popular corporate structures in the US....
...There’s a DLT Climate Tech registered in Delaware: We’re assuming DLT refers to distributed ledger technology. 4) Sol Sniper/Sniper Labs ($1mn for 5 per cent stake) Having the web address is helpful!...
...of ADT’s smart-home offering.”...
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