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...In today’s newsletter: Texas courts challenge Delaware The next stage for Evergrande Japan’s M&A intervention Texas’s plot to usurp Delaware in Wall Street legal fights According to Carl Icahn, one...
...The fusillades Carl Icahn has aimed at corporate boardrooms have made him one of the most famous and feared activist investors on Wall Street....
...according to a Financial Times analysis of corporate filings and announcements via transcript analysis firm AlphaSense.Several of those went on to hire specialists to probe trading records, while some launched legal...
...Apollo told the FT: “The appellate court’s decision focused on a legal technicality that had nothing to do with Apollo . . ....
...stuff sees the light of the day, the only thing that’s going to happen, I said it on Bob show today with regard to crypto and Gensler is we’re going to spend years and hundreds of millions of dollars of legal...
...Or as one legal expert put it: “If they think that we’re at the top and so they’re getting out, that’s a rather stark signal to everyone else.”...
...News round-up Trump media company co-founders allege ‘stock grab’ in lawsuit (FT) Hedge fund manager Greg Coffey in talks to acquire EM boutique Emso (FT) Mike Ashley’s game of spoof over legal bill ‘...
...Bain expects a similar timeframe for completing the legal framework for liability and insurance and improving the accompanying road and telecoms infrastructure....
...In a recent Stanford University study of responses generated by three AI models to 200,000 legal queries, researchers found that questions about random federal court cases resulted in pervasive errors....
...Activist investor Carl Icahn attacked the deal as reckless and pushed for the exit of Illumina’s longstanding chief executive Francis deSouza, who in June agreed to step down....
...Legal claims brought against the users — rather than the makers — of generative AI tools may be challenging to win, however....
...Illumina said it disagreed with Glass Lewis’s recommendation: “The election of Carl Icahn’s nominees would be disruptive to our core business....
...Epic launched a dual-pronged legal attack on both Apple and Google in August 2020, challenging the way they run their respective app stores....
...Carl Bildt, the former Swedish prime minister, recently wrote that Chinese companies already financed commercial disputes with the aim of gaining access to trade secrets....
...The case comes at the same time that Google is defending itself in a landmark antitrust case from the Department of Justice in a Washington DC court, bringing another potentially perilous legal test of some...
...Big Four rival PwC is using AI chatbots in its legal and tax divisions to speed up the work of its employees by summarising large documents and identifying compliance issues....
...“It is extremely rare for private equity firms to sue each other directly like this, both because of legal and contractual hurdles that make it difficult, and because both sides are likely to take a reputational...
...rana.foroohar@ft.com This article has been amended to clarify Microsoft’s investment in OpenAI Letter in response to this article: Legal case has lessons for publishers and Big Tech / From Tim Gordon,...
...A contentious $8bn takeover of cancer screening business Grail had prompted a campaign by activist investor Carl Icahn, fights with competition authorities on both sides of the Atlantic, and criticism from...
...The Dell buyout and the EMC takeover were hotly contested on Wall Street, drawing criticism from activist investors such as Carl Icahn....
...During the two deals, Dell and Silver Lake tangled with activist shareholders like Carl Icahn and resorted to heavy financial engineering....
...Carl Tobias, a professor at the University of Richmond School of Law, said he believed Trump’s conduct had contributed to the jury’s decision....
...One of Google’s difficulties was having to make its case to a jury, rather than solely to a judge: however elegant one’s legal arguments, making so much money is never a good look....
...But most favoured nation clauses are usually legal for non-dominant firms. I think the way to address the most favoured nation agreements in Amazon would be to go through product by product....
...“I supported all the recommendations from our legal and compliance teams,” Pichai said....
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