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....
...first-ever dividend and an additional $50bn in share buybacks, US President Joe Biden has approved financial sanctions on Israelis in the West Bank, and Tesla chief executive Elon Musk is hitting back after a Delaware...
...One scoop to start: Formula One owner Liberty Media is in exclusive talks to buy the company that owns MotoGP for more than €4bn, in a deal that would unite the elite car and motorcycle racing series, according...
...Smart reads Bull market Dietrich Mateschitz is the unlikely figure behind Red Bull’s rise to become the dominant force in Formula One. Why did he do it?...
...Highlights The film producers behind Netflix’s Drive to Survive, the docuseries that helped revitalise Formula One, are raising around £30mn from George Pyne’s Bruin Capital, the FT exclusively reported...
...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....
...Examples of uses of Gemini demonstrated by Google included scanning a handwritten worksheet of mathematical formulas, marking errors, and explaining them....
...Castore is looking to accelerate its growth in global sport following a wave of sponsorships with elite teams across football, Formula One motor racing, cricket and rugby....
...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....
...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....
...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....
...Both sides are now litigating in a Delaware court over the bitter parting, each accusing the other of treachery....
...But the Goenka formula, the one that led many of the people I interviewed to bad outcomes, remained the same....
...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...
...But if there were a secret formula for making blockbusters, it would look a lot like what Marvel Studios has done over the past 15 years....
...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...
...A group of Silicon Valley executives received a personal invite from the office of Yasir al-Rumayyan, the governor of PIF, the $620bn Saudi sovereign wealth fund, to be his guest at last month’s Formula...
...FTX rebranded LedgerPrime’s crypto futures platform as FTX US Derivatives LLC and said the remaining business would become a family office making investments solely for Alameda Research....
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