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...
...Anguilla was using a legal device called a derivative lawsuit to sue the Apollo founders on behalf of the company itself, asserting legal rights that it said the company’s directors were unlikely to enforce...
...a Delaware corporate law court ruled on Tuesday....
...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....
...The two-day hearing in a Delaware state courthouse was held to determine if Handler, who quit Centerview almost a year ago, is a rightful partner with the legal ability to inspect its financial books....
...Rick Stollmeyer built a software company from his California garage and realised a dream when he took it public in 2015 at a valuation approaching $1bn....
...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....
...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...
...a stately but cramped courtroom to make their case to Sam Glasscock, a longtime vice-chancellor of the Delaware Court of Chancery....
...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....
...The case dates to 2018, when Dell’s eponymous company re-entered public markets through a reverse merger....
...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 schematic also indicates that FTX Ventures Ltd, the group’s Bahamas-incorporated VC fund, was wholly owned by a little known Delaware holding company Paper Bird Inc, which in turn was wholly owned by...
...The latter is a legal doctrine that had bankrupted the oil company Texaco in the 1980s for its role in a mergers and acquisitions fight....
...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...
...to the end of the company life of SVF2 LLC....
...Jeff Sabin and Andrew Curry, lawyers with Venable LLP, signed into the hearing in person representing a firm called Digital Augean, LLC....
...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...
...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!...
...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....
...“Shareholders typically do not have permission to attend board or management meetings,” said Charles Elson, a corporate governance expert at the University of Delaware....
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