Hints and tips:
...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...Errol mentions a scientific paper on the subject, but says sharing it would mean “all activities relying on chance will be ruined, so I am in doubt as to doing that.”...
...Twitter has pressed its stronger position by setting a Delaware trial for October....
...“The benefit corporation model adopted in Delaware takes away that rule,” he says. “The board can make a business judgment and they have to take into account the other stakeholders....
...The vast majority of large US companies are incorporated in Delaware, which is perceived as shareholder-friendly and where the courts have been clear that a corporation’s reason for existence is to serve...
...“The investors, with the exception of Discovery [Inc, which has a significant stake], they all love Nigel Farage, they regard him as huge, a big, big character....
...As a non-bank, unsupervised by the Federal Reserve, Jefferies can move quickly, doing deals without first consulting the regulator....
...With Apple, all numbers are big, and it is certainly the case that its economic impact in the US goes far beyond a popular belief about its business model: that it revolves around a group of US designers...
...Foreign Policy magazine wrote last year that the government is using eminent domain powers to seize some of the land for areas that will be used for ZEDEs, a substantial problem in a country where subsistence...
...The Ross system is in its infancy, as are most of the products that their champions hope will transform the legal business....
...And yet, as anyone who has ever worked in a large corporation knows only too well, that principle has its dark side as well....
...This plays directly to the strengths of larger global corporations and buyout firms. They know how to do this, how to transform a capable smaller business into a large market-share leader....
...More special committees “give rise to additional advisers and in particular a trend toward engaging independent firms as advisers,” Mr Altman said. “So, this is benefiting our business.”...
...“We have heard of a lot of US companies that were doing business with non-US banks looking at the news, and saying I want to be somewhere safer,” said Matt Burnell, large-cap US bank analyst at Wells Fargo...
...Among other announcements, the year has brought news of a £5.5bn ($8.9bn) tie-up between the stock exchanges in London and Toronto as well as Deutsche Börse and NYSE Euronext, and the US chemical group DuPont...
...Subsequently became national treasurer and vice-chairman. 1983-1989: Becomes director of Business in the Community, an organisation set up to encourage social responsibility in business. 1988: Marries...
...With fear running rampant, some of the best businesses are priced today as if their earnings will never rise again, and many lesser businesses are priced as if they might go out of business entirely....
...We made a proposal: if they went private at that price and if they flipped the cable business in three years would they give us a callback [give Gamco a cut of the higher price]....
...I’m going to build a multinational corporation around it.’”...
...Against a background of global consolidation in the steel industry, Nippon Steel Corporation of Japan has introduced a poison pill whereby it can string out its review of a bid for 30 weeks and make a rights...
...One test of whether the panel has chosen well will be whether managers adopt the winning title as a useful guide to doing business in the modern world and whether it endures to become one of the great business...
...He says: “When you create wealth in a short time, you think about philanthropy as you think about a business.” They say: “eBay may be a shark in the ocean, but I am a crocodile in the Yangtze River....
...It imposes governance obligations that Delaware judges have recommended in particular cases, but mandates them for all corporations. “We allow these things to be made as business judgments....
...Mitchell does feature in the film but mainly for his "tremendous contribution" to building the bank's consumer business . . . and, oh yes, he is "remembered by some as a controversial figure for his involvement...
...As Allen, now a professor at New York University’s Stern School of Business, said in his 1992 lecture: “The law ‘papered over’ the conflict in our conception of the corporation by invoking a murky distinction...
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