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...Following the jury’s verdict, Rybolovlev’s lawyer Daniel Kornstein stuck to his guns on “the lack of transparency that plagues the art market”, which, he says, “made it difficult to prove a complex aiding...
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...The US Federal Trade Commission filed a sweeping antitrust lawsuit against the company in September, alleging that it was using its monopoly power to hurt consumers, rivals and sellers....
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...The share price of cyber security group Darktrace has dropped by about a fifth since the start of this week after a short seller alleged potential accounting errors at one of the UK’s biggest tech companies...
...But Icahn is another target of these short sellers....
...If you are buying art, always undertake due diligence on both the seller and the artwork itself....
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...Hedge funds are threatening to pull investments from India because of controversial new rules introduced in response to last year’s short seller attack on Adani, one of the country’s biggest companies....
...Or from the seller’s point of view, the only way that the customer can be sure that they want to pay for it is to get into a position where they don’t need to pay for it any more....
...The short seller highlights that similar vehicles, such as those set up by Bill Ackman’s Pershing Square Capital Management and Daniel Loeb’s Third Point, trade at a discount to their NAV....
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...rana.foroohar@ft.com Letters in response to this column:US antitrust and the moral justification for capitalism / From Daniel Aronoff, Research Scientist, Massachusetts Institute of Technology, Cambridge...
...Yes,” Daniel Richman, a professor at Columbia Law School, told me yesterday. The crucial thing, again, is that the source does not stand to benefit....
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