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...There were 36,000 individual Names at Lloyd’s but now the number is just a few thousand. While a couple of hundred of these still hold unlimited liability, new Names typically have limited liability....
...The new owner was originally cloaked by his limited liability company, but Son was revealed to be the buyer a few months after the purchase by the Los Angeles Times....
...The company appointed chief investment officer Greg Davis as president and said its board was conducting a search process for a new CEO....
...The FT in late 2020 was the first to report about a Southern District of New York decision in which Judge Kevin Castel ruled that Mohammed Ali Rashid, an Apollo private equity partner, breached his duties...
...The US IPO market has had a shaky start to the new year....
...Most of Trump’s buildings are held by limited liability companies, which were also found liable in the fraud case....
...Shleifer decided to step back from running the private equity unit when faced with the decision to move back to New York or stay in Florida, it said....
...in the New York case....
...Higher tax US cities such as New York, Chicago or Los Angeles, by contrast, had been “signalling” that they were no longer pro-business, he argued, citing New York’s 2019 rejection of a second Amazon headquarters...
...The US is hungrier for football than when Pelé played for the New York Cosmos in the 1970s....
...“It would be a disaster for the industry,” said Guy Vanderhaegen, chief executive of Origis Energy, a Florida-based developer with about 6 gigawatts of projects in its portfolio....
...trials in New York, Washington, DC, Georgia and Florida....
...They pointed out that Trump had other “significant liabilities”, including an outstanding judgment of $83mn in a case brought by E Jean Carroll, the writer whom a New York jury found last month had been...
...by the New York attorney-general’s office....
...London-based PIC has more than 300,000 policyholders amassed through so-called bulk annuity deals, where it takes over pension fund liabilities and the assets backing them from their sponsoring companies...
...Private credit funds stepped into the gap, writing multibillion-dollar loans to companies including Norwegian online classifieds company Adevinta and software maker New Relic, and providing money at a time...
...Breaches of those provisions, however, are typically capped at a small dollar amount and any liability is typically directed at the company itself....
...The most famous belongs to Bobby Bonilla, a former All-Star who has not played since 2001 yet continues to earn more than $1mn each year in deferred payments from the New York Mets....
...Although the port is smaller than those of New York and New Jersey, it is the main east coast entry port for imported cars, according to the Maryland governor’s office....
...In April, the New York firm bought Iron Park, a private credit fund manager. It acquired a stake in Clipway, which buys second-hand investor stakes in private equity funds — or secondaries....
...Cathie Wood’s Ark Investment Management has a new pitch to investors who might be concerned by the asset manager’s huge losses owing to rising interest rates — think of the tax write-offs....
...In September, the New York Stock Exchange suspended trading in Bird, which went public via a blank-cheque company in 2021, after its market capitalisation fell below a $15mn threshold....
...“Advertisers for the sake of reputations and legal liability need to demand a heck of a lot more transparency than what they’re getting,” she added....
...Apollo has recent history in taking a run at publicly traded UK companies, although it has had limited success in getting deals done....
...Hamlin, who becomes CEO of London, New York and Paris and retains a minority stake in the business, says that her existing events will get a “boost” from the new ownership while “opening up new destinations...
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