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Games industry
Activision Blizzard hires legal heavyweight to fight UK’s block of Microsoft deal
...In a career spanning more than four decades, Pannick has also represented clients as varied as the Kingdom of Saudi Arabia, businessman Roland “Tiny” Rowland, former Formula 1 boss Max Mosley, pornography...
May 9, 2023
LexBasic resources
Nippon Steel/US Steel: Japan Inc must recall lessons of history Premium content
...Cleveland-Cliffs’ own enterprise value of $13bn pales before an aggregate valuation for Nippon Steel of more than $40bn....
December 18, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
The FT ViewThe editorial board
The contrasting tales of TikTok and Nippon Steel
...The union, however, favoured an earlier, lower, bid from another US steelmaker, Cleveland-Cliffs, which it views as more union-friendly....
March 19, 2024
Due Diligence
Could the ‘trustbusters’ be making a comeback?
...Cleveland had also secured the backing of the United Steelworkers union....
December 19, 2023
Berkshire Hathaway Inc
Berkshire Hathaway settles dispute over value of Pilot Travel Centers
...Berkshire hit back in November, accusing the founder’s son Jimmy Haslam III, co-owner of the Cleveland Browns football team, of seeking to suborn executives at Pilot into inflating the company’s profits,...
January 8, 2024
Mergers & Acquisitions
Bid for US Steel promises national security through consolidation
...He was installed at Cleveland-Cliffs in 2014 after being tapped by upstart activist fund, Casablanca Capital in a fight for control of the company....
August 18, 2023
FT Live
Future of Asset Management Europe
New fund firm models for Europe's resurgence
Tuesday, 12 NovemberLondon, UK
Palantir Technologies Inc
Palantir technology to help cut NHS elective care backlog
...Louis Mosley, who heads Palantir in the UK, said: “The results of the pilot programme at Chelsea and Westminster Hospital have been incredibly promising and we will work to continue to develop technology...
March 2, 2022
Data protection
Palantir to reshore all UK data processing from US before regulatory ‘tsunami’ hits
...“We want to make the UK fully autonomous, from a regulatory and geopolitical point of view,” said Louis Mosley, who leads Palantir in the UK....
December 17, 2021
Nike Inc
Nike terminates Kyrie Irving contract after anti-Semitism controversy
...Irving, a 2016 National Basketball Association champion with the Cleveland Cavaliers, has played in Brooklyn since 2019....
December 5, 2022
ReviewTelevision
The White Lotus returns for a second season of luxury hotel-based lust and mystery
...Thirtysomething lawyer Harper (Aubrey Plaza) walks around the gilded resort with all the enthusiasm of someone about to bed down at a flea-ridden motel....
October 31, 2022
News in-depthBankruptcy
Talc ruling a blow to J&J and the ‘Texas two-step’ bankruptcy jig
...J&J hired Jones Day, a Cleveland-based law firm and author of the “Texas two-step”....
February 6, 2023
The Big Read
‘Texas two-step’: the US legal move letting corporations off the hook
...One of the biggest proponents of using bankruptcy to handle mass torts is Jones Day, a Cleveland-based law firm that devised the Texas two-step scheme deployed by J&J....
October 25, 2022
Health
US lawmakers plan bill to outlaw ‘Texas two-step’ bankruptcy ploy
...All four companies are represented by Cleveland-based law firm Jones Day, which designed the complex bankruptcy strategy....
February 28, 2022
Legal services
Architects of ‘Texas two-step’ lambast J&J for its use of the manoeuvre
...All four companies are represented by Cleveland-based law firm Jones Day, which designed the complex bankruptcy strategy....
February 14, 2022
South Korean business & finance
South Korean chip companies step up US lobbying efforts
...The company hired Nicholas Montella, a former executive at the US Chamber of Commerce, as its government relations director last year and recruited Peter Cleveland, a former top lobbyist at Intel, as vice-president...
January 3, 2022
FT Live
Business of Entertainment Summit
Capitalizing on Disruption
Thursday, 19 SeptemberLos Angeles, CA
Personal & Household Goods
Malaysia’s Karex: Covid lockdowns dented condom demand
...A version of this article was first published by Nikkei Asia on January 3 2022. ©2022 Nikkei Inc....
January 9, 2022
Meggitt PLC
Meggitt receives fresh takeover approach from TransDigm
...The FTSE 250 company said on Wednesday that Cleveland-based TransDigm had come forward with a preliminary cash offer of 900p per share, 100p more than the Parker Hannifin bid and almost double the company...
August 11, 2021
Due Diligence
The law firm that perfected the Texas two-step Premium content
...The Cleveland firm’s fee bonanza could be in jeopardy, however, as courts and the Department of Justice increase scrutiny of the process that critics argue makes the US insolvency system an easy target for...
February 8, 2022
Best FT Weekend long reads of 2021
The ten trillion dollar man: how Larry Fink became king of Wall St
...On April 16 2009, Rob Kapito went to the newly built Yankee Stadium, where the pride of New York was taking on the Cleveland Indians....
October 7, 2021
Inside BusinessSujeet Indap
Investors wary as Blackstone checks in to hotel chain again
...It felt like deja vu as the largest real estate investor in the world had, over the past 18 years, twice previously acquired, and then flipped the company that effectively is an apartment building and motel...
May 17, 2021
Uber Technologies Inc
Uber and Lyft ‘throwing money’ at US drivers to ease shortage
...Severe shortages have been reported in Las Vegas, Cleveland, Boston, Chicago, Kansas City and many more locations. One customer in Minneapolis wondered if drivers had gone on strike....
April 7, 2021
News in-depthUS banks
How Bill Demchak turned PNC into a US banking powerhouse
...PNC paid $5.6bn in stock for the Cleveland bank in October 2008, at the very height of the great financial crisis....
November 18, 2020
Quicken Loans Inc
Quicken Loans slashes price and size of IPO
...Mr Gilbert, who is also the owner of the Cleveland Caveliers basketball team, is recovering from a stroke he suffered last year....
August 5, 2020
Quicken Loans Inc
Dan Gilbert will keep strong grip on Quicken Loans after IPO
...The listing would also mark a milestone for Mr Gilbert, a billionaire who owns the Cleveland Cavaliers basketball team and has poured billions of dollars into projects to revitalise Detroit, the largest...
July 7, 2020
Due Diligence
Airbnb issues Ackman a stay-at-home order Premium content
...Around lunchtime on Saturday, May 9 2015, the motel’s staff opened the doors to their rooms and found them dead....
September 3, 2020

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