Hints and tips:
...As markets hit record highs, the ratio of corporate insider selling to insider buying is at the highest level since the first quarter of 2021, according to Verity LLC, which tracks insider trading disclosures...
...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...
...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....
...of narrow contract definitions....
...They benefit share sellers by definition. They’re not really a cash return to shareholders, they are a cash return to share sellers....
...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....
...And in this instance, the judge, the arbitrator says, in fact, the words on the page lead me to believe the $109mn falls into this formal definition of indebtedness....
...There is an enormous fight going on in the litigation over market definition. Who belongs in the social media product market? For example, under the FTC’s allegations, Twitter/X is not in the market....
...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....
...Even as Qatalyst tried to rein in its client at times, the bank’s behaviour also drew the rebuke of the Delaware court....
...“If you see us invest right now, by definition it will be a big all-in bet,” Durban said....
...A hearing this week in a cramped Delaware courtroom showed that when it came to his 14-year Centerview colleague, David Handler, it was anything but a 24-hour topic....
...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....
...“If you see us invest right now, by definition it will be a big all-in bet,” Durban told the Financial Times in a rare media interview....
...By definition, that’s not something that should earn any returns in excess of its systematic risks . . ....
...Big is not by definition bad, if it is focused more on innovation than domination — but which is it now?...
...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....
...“If you see us invest right now, by definition it will be a big all-in bet,” Durban said in the interview....
...Both sides are now litigating in a Delaware court over the bitter parting, each accusing the other of treachery....
...Only two of the events met the regulatory definition of “collision,” there were no reported injuries, and no accidents involving pedestrians or cyclists....
...Michael Dell and private equity group Silver Lake, has agreed to pay $1bn to settle a lawsuit over its acquisition of software company VMware, which would be one of the biggest shareholder awards in the Delaware...
...“For the nature of what was being transacted, this fits within [the definition] of an open market purchase,” Jones said....
International Edition