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...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...
...Taking out life insurance on a stranger is “anathema to hundreds of years of public policy” and a violation of the Delaware Constitution, the suit says....
...Handler’s breach of contract claims against Centerview over back pay and equity remain pending in the Delaware court....
...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....
...Katerina Trajchevska, co-founder of Delaware-based Adeva, says the pandemic showed potential clients that remote work can be productive....
...The merged entity would operate more than 5,000 stores and approximately 4,000 retail pharmacies while employing nearly 700,000 staff across 48 states, the FTC said....
...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....
...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....
...Its — untested — argument is that Amgen could use rebates on its blockbusters to encourage insurers and pharmacy benefit managers to favour Horizon’s drugs....
...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....
...DWR Commodities, Flow Traders, Capstone Investment Advisors and Winton Capital Management were the other claimants with the five companies estimating earlier this week that they collectively lost $95mn of...
...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...
...News of the deal comes months after Walgreens was forced to abandon its planned sale of the Boots pharmacy chain in the UK after struggling to draw interest from buyers, a move it blamed on market conditions...
...Albertsons then attempted to merge with Rite Aid a year later but was also forced to call off the transaction after it failed to win support from the pharmacy chain’s shareholders....
...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...
...US-based buyout groups such as Apollo Global have abandoned a string of deals in London like pharmacy chain Boots and Pearson, underscoring the challenges of getting deals in the UK done....
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