Hints and tips:
...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 reorganised WPG is structured as a limited liability company, which typically offers fewer fiduciary protections to minority shareholders than a traditional corporation....
...Cryptocurrency lawyers said for-profit DAOs had largely registered as Delaware LLCs, one of the most popular corporate structures in the US....
...It runs as a public benefit corporation, “creating open-source software that medical regulators can use to rapidly understand how a study design operates and form confident opinions”, per its website....
...Since May, the Delaware Court of Chancery has played (virtual) host to a bewildering array of parties scrapping over whether SoftBank was wrong to walk away from a $3bn tender offer it made when it rescued...
...corporation law....
...(FT) Homecoming At the heart of China’s ambitions to become technologically self-sufficient is a relatively unknown company called Semiconductor Manufacturing International Corporation....
...who are shareholders of a US corporation”....
...The move is part of a long-term plan to nudge TPL into reorganising as a Delaware corporation, which would subject it to greater shareholder oversight and require an annual election of directors....
...A conversation for another time, but we’d hasten to add Delaware has already taken steps that make it easier to become a benefit corporation....
...“Caesars and second lien bondholders find themselves at an inflection point — either consensually bridge the gap or find themselves immersed in multi-prong litigation in courts in Illinois, Delaware and...
...The court upheld a 2014 ruling that found RBC had “aided and abetted breaches of fiduciary duty by former directors”, who should have secured the best deal possible for shareholders of Rural/Metro Corporation...
...IN RE RURAL/METRO CORPORATION STOCKHOLDERS LITIGATION, March 7, 2014 IN RE RURAL/METRO CORPORATION STOCKHOLDERS LITIGATION, October 10, 2014 APPELLANT RBC CAPITAL MARKETS, LLC’S OPENING BRIEF, May 19,...
...The ruling in Delaware determined that the ostensibly independent directors of El Paso MLP paid El Paso Corporation $931m for a natural gas project that was only worth about $760m according to a typical...
...Under its proposed restructuring, the company will split into a casino group known as Caesars Entertainment Operating Company and a publicly traded real estate investment trust....
...In a ruling handed down on Friday, judge Travis Laster said RBC had been negligent in its duty to shareholders of Rural/Metro Corporation, pushing for a quick sale to private equity firm Warburg Pincus rather...
...The company’s shareholders are due to vote at an annual meeting scheduled for May 6, but the judge, Delaware Chancery Court vice-chancellor Donald Parsons, is being asked to order a delay until a full trial...
...Gox or its Delaware subsidiary, Mutum Sigillum, LLC....
...The donation was made through a company called W Spann LLC, which was created in Delaware in March and was dissolved in July, according to records....
...AB InBev said Budweiser continued to be distributed in Vietnam and that its current distributor was Redwood Holdings US, a Delaware limited liability company incorporated in April 2010....
...get through the LLC,” Johnson says....
...This is the second post in a series. To view the first, click here. In 2006 Hunter Biden, the youngest son of Delaware Senator Joe Biden, needed to find a new line of work....
...“The Delaware LLC provides the anonymity that most international jurisdictions do not offer,” claims one agent website quoted by the task force....
...“Going back 20 or 30 years, it used to be a banking centre,” says Eduardo Martinez, an economist with the Los Angeles County Economic Development Corporation....
...The battle over Sallie Mae, formally known as SLM Corporation, is the largest and most high-profile tussle over a leveraged buy-out deal signed before the credit squeeze to end up in court....
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