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...Melanie Cusack, a professional trustee at Zedra, a corporate services business said: “More questions are being asked: if something happens to the reinsurer, what happens to the members?”...
...How exactly the change will be enacted, who will benefit and whether it will bring a host of secondary problems is still unclear....
...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....
...And in that instance, the court is worried about the problem of self-dealing, a CEO trying to benefit himself at the expense of other shareholders....
...“The affairs of Delaware corporations, however, must be managed by Boards of Directors, not backroom deals,” said the lawsuit, saying non-Elliott shareholders never got the opportunity to approve the features...
...Then, a mere 10 hours before the bankruptcy filing, a company lawyer changed the address of the shell corporation to a post office box in Houston....
...The filing also highlights a lock-up agreement between Trump and DWAC that allows the former president to transfer his stock to family members or a trust....
...This will allow us to move forward and to deliver the full benefits of this common path towards fair taxation....
...Separately, a sister net zero group for insurers has suffered such an exodus of members that some thought it would collapse. These defections matter....
...The two countries are among the few EU members enjoying surpluses, albeit for different reasons....
...Job moves Harvard University has appointed two new members to its highest governing body....
...One of the triggers of the dispute was a 2020 valuation of USS at the height of a market crash, which recorded a deficit of £14bn and led to a cut to benefits, resulting in criticism of how the scheme was...
...There’s nothing inherently cool about repeatedly rushing to spend money on newly released items of low-quality clothing at the instigation of a big corporation....
...He adds, however, that his members acknowledge the possibility of AI bringing benefits, such as improving safety in manufacturing....
...Currently, the PPF has a remit only to compensate members of failed private sector “defined benefit” pension plans, of which there are 5,200 in the UK, with about 10mn members....
...Now the Managed Fund Association — the US hedge fund industry’s lobbying body — has followed up with a “primer” on the role its members play in the Treasury market....
...“The activation of these PAFD units is a symptom of the leadership’s concern about the domestic social stability situation,” said Timothy Heath, senior international defence researcher at the Rand Corporation...
...In late June last year, the company added three new independent board members....
...“Farmers are in an agitation mood in Paris, Germany, Spain, other places — similarly in India,” said Sawinder Singh Chautala, a senior member of Kisan Mazdoor Sangharsh Committee, another farmers’ union....
...Second, that the PPF imposes a 2.5 per cent inflation cap (CPI) on its pensioners, which is far less generous than the members of pension schemes receive under their current arrangements....
...The increasing commercialisation of OpenAI appeared to prompt some senior researchers, led by Daniela and Dario Amodei, to quit the company in 2020 to found Anthropic as a public-benefit corporation....
...Meanwhile, shareholder meeting season has rolled around again, giving a window into how investors are — or are not — putting pressure on major corporations over their environmental and social impacts....
...More energy industry news: Chevron has warned that its planned $53bn acquisition of Hess could be thwarted by rivals ExxonMobil and China National Offshore Oil Corporation....
...One shareholder has already filed suit in the Delaware Court of Chancery, accusing the company’s board members of failing to stop the damaging allegations from being aired....
...Just days before we meet, his two worlds blended publicly at Luton’s ground, with his friend Harry Styles, the former One Direction band member who signed with Sony’s Columbia as a solo star in 2016, drawing...
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