Hints and tips:
...BlackRock had warned that it would vote against shareholder resolutions it perceived as too prescriptive, and State Street Global Advisors said it had prioritised long-term financial value for its investors...
...Baker McKenzie hired Marc Thorley as a partner on its dispute resolution team in London. He joins from Simmons & Simmons, where he was head of dispute resolution for the Asia-Pacific region....
...Chan was previously a dispute resolution partner at Oldham, Li & Nie. Nobel laureate economist Michael Spence has joined General Atlantic as a special adviser....
...“There’s no appetite to take it up,” says Beekman Advisors’ Shekar Narasimhan. “It’s pretty much a dead duck at this point.”...
...Atlas Merchant has teamed up with a group of investors including Cornell Capital to buy Talcott Resolution, an annuity business in run-off, from US insurer The Hartford....
...The lawsuit, brought by shareholder Capital Structures Realty Advisors, also targets biotech billionaire Patrick Soon-Shiong, who last week bought a 13 per cent stake in Tribune, for “aiding and abetting...
...The SEC resolution came after a substantial basis of its original case was wiped out by a 2015 appeals court decision that made proving insider trading charges more difficult....
...“While recently seeking a consensual resolution, we were told point blank by a senior Peruvian official: ‘Make us care’,” said James Taylor, partner and chief legal officer of Gramercy....
...Sankaty Advisors, the credit arm of Bain Capital, is paying more than $1bn for the debt portfolio of JPMorgan’s principal investment group....
...“Cataloguing involves recording as much detail as possible which includes going to see artworks at a client’s home or in storage, taking high-resolution images, checking purchase details and exhibition history...
...“Management enters the public market with something to prove,” said Michael Knott, an analyst with Green Street Advisors....
...Tom Conheeney, SAC president, said: “We are offering our investors additional time to make their decisions as we are hopeful that the next few months will bring greater clarity surrounding the resolution...
...Thomas Dewey, of Dewey Pegno & Kramarsky, said the letter also “may indicate that the investigation is nearing a conclusion and the parties are in the process of negotiating a potential resolution”....
...To do so would overlook the distinctive features of this new breed of cases that might require enhanced scrutiny, more careful review, and better tailored resolution.”...
...“Elliott urges all shareholders to vote in favour of its resolutions to avoid any destruction of value.”...
...Friends Provident, the embattled life assurer, has dropped plans to sell Pantheon Financial, its financial advisor chain, after a private equity bidder pulled out at the last moment....
...Price, Senior Advisor, Piper Rudnick, Former President and CEO, National Urban League Penny Pritzker, President, Pritzker Realty Group Michael E....
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