Hints and tips:
...But Elliott insiders note that the address in question — 1209 North Orange Street in the US state of Delaware — is home to the Corporation Trust Center, where more than 250,000 companies are registered....
...In a statement, IRL, which remains incorporated under Delaware law, said there were “ongoing government investigations into the actions of Shafi and his family members” and that after months of review it...
...Others included discussions of future military procurement options and a complaint about a Dutch Apache unit’s potential vulnerability to cyber attack....
...Musk, the world’s richest man, switched the incorporation of his brain-implant company Neuralink from Delaware to Nevada last week....
...The change from Delaware to Nevada was completed on Thursday, according to documents filed to the office of the Nevada secretary of state....
...The case filed in the Delaware Court of Chancery comes as corporate settlements with activists become more common....
...Its case was serendipitously boosted by a recent Delaware court decision that said board members could not be locked into certain decisions through contracts with powerful individual shareholders....
...Apache Corp, the operator of the Forties oilfield for the past 20 years, will halt all drilling in the North Sea because of the UK government’s windfall tax....
...On X, the social media platform that a Delaware court basically compelled him to buy for $44bn in 2022, the billionaire wrote: “Never incorporate your company in the state of Delaware.”...
...The existence of the case was revealed in a Delaware Chancery Court filing from United Atlantic Ventures, a partnership set up by Andy Litinsky and Wes Moss, two former contestants of reality television...
...In October, the Haslam family company Pilot Corp accused Berkshire of changing the truck stop chain’s accounting methodology to make it look less profitable and lower the value of the remaining 20 per cent...
...They were in view of an Israeli Apache helicopter — which hovered above the group for more than 40 minutes before the first strike — and possibly a surveillance drone, said HRW and Amnesty....
...UniCredit to return €8.6bn to shareholders (FT) Private equity buys majority stake in US accounting firm Baker Tilly (FT) ADM’s accounting procedures probed by US prosecutors (FT) Can Elon Musk derail Delaware...
...It should trouble us to learn that one of the firms that materially benefited from the Delaware ruling had also formerly employed the official responsible for many of these decisions....
...SoftBank declined to comment as did a representative for IRL, which remains incorporated in Delaware for legal reasons....
...In its complaint, lawyers for X Corp said that during the first few months of Wachtell Lipton’s engagement, it had submitted invoices to Twitter that included “millions of dollars in hourly billings by Wachtell...
...Charles Elson, a corporate governance expert at the University of Delaware, said that continuing to describe the CEO as a risk raised questions....
...litigating in the Delaware Chancery Court, including those hired to work alongside Wachtell....
...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....
...In a call with analysts after the company’s results, Murdoch framed the settlement as a “business decision” to “avoid the acrimony of a divisive trial” while blaming a Delaware court for restricting Fox’...
...forces to sue Fox Corp and its board of directors in September for breach of fiduciary duty....
...Musk’s X Corp — now Twitter’s parent — has sued Wachtell Lipton in a California state court in an attempt to claw back some of the previously undisclosed $90mn it was paid by the social media platform to...
...by the Delaware Chancery Court....
...The two companies had planned ahead in hopes of getting the deal past legal scrutiny in their domicile of Delaware. They formed independent director committees to negotiate terms....
...Shares of Fox Corp fell 1 per cent in after-hours trading in New York....
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