Hints and tips:
...Argentina initially defaulted on its debts again rather than see a dime go to the hated “vultures” led by Elliott....
...One judgment to start: Sam Bankman-Fried has been sentenced to 25 years in prison over his role in the collapse of his FTX cryptocurrency exchange, after a US judge concluded he had done “enormous harm”...
...But the judges at the Administrative Court, a specialist venue within the King’s Bench Division, highlighted that LME’s trading rules allowed it to “cancel, vary or correct” trades if the venue “considers...
...The idea, then, is that taxpayers won’t suffer while groups such as Elliott make fat gains....
...Jay Newman was a senior portfolio manager at Elliott Management and is the author of Undermoney....
...The presentation makes a big deal out of how “suing a sovereign for non-debt payment can be a justified and lucrative business” citing how Paul Singer’s Elliott Management managed to extract $2.4bn out of...
...Elliott Associates has accused the London Metal Exchange of rushing a decision to cancel thousands of nickel trades last year at the start of a court case that will decide if the US hedge fund can seek $456mn...
...problematic activist settlements seen recently in L3Harris and DE Shaw, as well as in the Crown Castle and Elliott Management kerfuffle....
...Argentina was famously involved in a cat-and-mouse game with holdout creditors from a sovereign debt restructuring, in which lawyers for so-called “vulture fund” Elliott Capital spent years trying to pin...
...“There is a real risk in the end that judges would have their wings clipped by parliament and the judiciary would be weakened,” he said....
...But a person with knowledge of the matter said the company, which has a team of 30 recovery specialists, was confident that it would not suffer as bruising or as lengthy a battle as Elliott, and pointed...
...Varallo convinced a Delaware judge that Musk’s $56bn pay package at his electric-car company Tesla should be voided, landing a massive dent in the billionaire’s net worth (don’t worry, he’s still rich)....
...The judge expressed his frustration thus: In response to each of my orders, plaintiff grudgingly revealed another link in an elaborate chain of 100% holding companies....
...US Supreme Court justice Samuel Alito has insisted there was “no obligation” to recuse himself from cases involving a hedge-fund billionaire who paid for the judge to go fishing in Alaska on a private jet...
...A judge in New York ruled just weeks ago that the country owes shareholders $16bn for its seizure, adding even more pain to a country under a lot of pressure....
...Elliott’s fight ended in a $2.4bn settlement in 2016, but Argentina is in even worse shape now, ahead of elections in October....
...In 2016, the centre-right government of Mauricio Macri paid more than $2bn to a small group of bondholders, led by Paul Singer’s Elliott Capital, who refused to refinance debt after Argentina’s economic...
...A: Elliott Which former presidential candidate, and Celebrity Apprentice judge now chairs the Colonial Williamsburg Foundation?...
...(Remember the Argentine frigate briefly seized by Elliott Management in Ghana? It’s back sailing the world under its Argentine flag)....
...ValueAct also holds a stake in Salesforce, which drew a flurry of activists, including Elliott Management and Starboard Capital, who sought stronger financial discipline from its founder Marc Benioff....
...A three-judge panel delivered the guilty verdict in Buenos Aires on Tuesday which is likely to embolden Fernández de Kirchner’s base ahead of the October 2023 presidential race, possibly providing a symbolic...
...A three-judge panel delivered the guilty verdict in Buenos Aires on Tuesday that is likely to embolden Fernández de Kirchner’s base ahead of the October 2023 presidential race, possibly providing a symbolic...
...The landmark case resulted in a judge ordering a break-up of the company, though the ruling was overturned on appeal....
...A three-judge panel delivered the guilty verdict in Buenos Aires on Tuesday which is likely to embolden Fernández de Kirchner’s base ahead of the October 2023 presidential race, as the ruling Peronists contend...
...Brookfield recently relented in a takeover of an Iowa-based insurer that had drawn it into a fight with Apollo co-founder Josh Harris’s 26 North and a bidding war with an entity affiliated with Elliott Management...
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