Hints and tips:
...Black, who was forced out over revelations that he had paid $158mn for tax advice and other professional services provided by the late sex offender Jeffrey Epstein, is in line to receive about $276mn from...
...Handler’s breach of contract claims against Centerview over back pay and equity remain pending in the Delaware court....
...According to a filing in Delaware, where Anthropic is incorporated, it has two classes of stock, one of which carries 10 times the voting rights of the other....
...The two-day hearing in a Delaware state courthouse was held to determine if Handler, who quit Centerview almost a year ago, is a rightful partner with the legal ability to inspect its financial books....
...A hearing this week in a cramped Delaware courtroom showed that when it came to his 14-year Centerview colleague, David Handler, it was anything but a 24-hour topic....
...Charles Elson, a corporate governance expert at Delaware university, sees these concurrent relationships as a potential conflict of interest that might concern prospective Arm investors....
...The lenders allege Byju’s has technically defaulted on the loan and have used a legal challenge in Delaware to try to force the company to accelerate payment....
...Both sides are now litigating in a Delaware court over the bitter parting, each accusing the other of treachery....
...August 14, 2023: Prime Trust, LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware...
...FTX rebranded LedgerPrime’s crypto futures platform as FTX US Derivatives LLC and said the remaining business would become a family office making investments solely for Alameda Research....
...In the lawsuit filed in Delaware state court on Thursday, minority holders in the reorganised WPG, led by Cygnus Capital, said that they were blindsided and ultimately cheated in a transaction earlier this...
...“We will expand access, lower the cost, and provide all the services and amenities needed to normalise space flight.”...
...The two-step gambit is made possible by the Lone Star state’s divisional merger law, which — unlike every other US state excluding Delaware — defines a merger to include “the division of a domestic entity...
...Cryptocurrency lawyers said for-profit DAOs had largely registered as Delaware LLCs, one of the most popular corporate structures in the US....
...Its website says it will help clients “Manage Your Balance Sheet More Effectively”, a service we’re assuming FTX didn’t take advantage of....
...“Shareholders typically do not have permission to attend board or management meetings,” said Charles Elson, a corporate governance expert at the University of Delaware....
...Black says he paid Epstein millions of dollars annually for tax advice and other professional services....
...The Delaware Supreme Court said that the previous ruling was incorrect....
...CVC Credit Partners has hired Nick Haaijman as a managing director to lead the firm’s client services. He joins from asset management group Alcentra....
...That lawsuit had initially been dismissed by the lower Delaware court in 2017 before the Delaware Supreme Court last year ruled on appeal that securities filings distributed to shareholders may not have...
...Such sceptics of activist investors had a boost in October from a Delaware court ruling involving a small US semiconductor company, PLX Technology....
...Richard Solomons will succeed John McAdam as chairman of Rentokil Initial, a British business services group....
...The company filed for Chapter 11 protection on Sunday in a US bankruptcy court in Delaware, listing debts of more than $600m....
...Smart Reads Selling shells by the Delaware shore The state that has more corporate entities registered than people is considering dropping anonymous LLCs....
...In December a Delaware court ruled in favour of Sarissa, granting it two board seats....
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