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...Last week Bit Brother disclosed it had received a delisting notice from Nasdaq due to the exchange’s concerns about the inclusion of warrants with cashless exercise provisions in two recent fundraisings....
...Although the conflict committee’s financial adviser, Perella Weinberg Partners, accepted much of the founders’ reasoning, it “refused to provide a fairness opinion and disclaimed the provision of any tax...
...John Rice, lead independent director on AIG’s board, said the analyses provided by ISS and Glass Lewis were “deficient”, and did not recognise “shareholder-friendly provisions” in Zaffino’s pay agreement...
...The discussions over the so-called payment-in-kind provision are still at an early stage and may not pan out....
...The proposed pay changes “excessively” diluted shareholders and contained an “evergreen” provision that automatically issued more shares without fresh investor approval, according to Institutional Shareholder...
...Breaches of those provisions, however, are typically capped at a small dollar amount and any liability is typically directed at the company itself....
...So, tempting as it is to laugh as tech-bros floundering in the mud, I felt for the performers, attendees and families stuck there with limited provisions....
...Trafigura said the charges were linked to investigations by authorities in the US and Brazil, revealing for the first the time that it had made a provision of $127mn in its 2023 accounts, due to be filed...
...Ark paid AssetCo £2.6mn upfront for its 70 per cent stake in Rize, and has agreed to a deferred payment of £2.6mn and an earn-out provision capped at £5.2mn over five years....
...The government alleged that in response to amendments proposed by Apple, Google told the company it could not pursue changes and threatened to scrap the deal’s ad revenue share provision....
...In a hearing last Wednesday, Yellow’s lawyer from Kirkland & Ellis, Patrick Nash, said the trucking group had fought against the inclusion of the $500mn loan roll-up provision....
...Vice said on Monday it had agreed a sale to a consortium of its lenders, subject to a provision that it remain open to higher bids from other parties....
...“I gave him [Handler] a different employment agreement in 2012,” Pruzan said, explaining that several new provisions including a 7 per cent equity grant and deferred compensation were allegedly provided...
...“If the government were to adopt universal work experience provision in state schools, and ensure it was meaningful (not making cups of tea), more young people from lower socio-economic backgrounds would...
...It may be that the tech companies will eventually decide to stomach these and other provisions, but the signs are not good....
...You couldn’t get me to eat a regular supermarket sliced-white egg sandwich at gunpoint, yet here I was chasing a full Proustian trip via a millennial reinterpretation of a Japanese reproduction of a product...
...Its court papers add that even if an oral contract was legitimate, any equity he possessed could simply be repurchased by the firm at a nominal price, a standard provision that applied to any Centerview...
...It’s the first time the top court has considered Section 230 of the Communications Decency Act — the key provision that has determined online speech in the US, giving internet companies broad immunity both...
...Republicans claim the provision has harmed free speech, while Democrats argue it has led to more disinformation....
...Republicans, though, wanted to use the anti-discrimination provision to prevent internet platforms suppressing rival viewpoints — a backdoor way to weaken online content moderation, and a deal-breaker for...
...The agreement valued SkyBridge at roughly $150mn, said two people familiar with the terms, but was made on the provision that $40mn of the proceeds were put towards the crypto bets....
...However, the judge did order the Apollo-owned company to honour the other provisions of the contract, most notably pursuing Credit Suisse and Deutsche Bank — Huntsman had sued them separately for walking...
...This year it made Orcel’s bonus solely tied to performance and added clawback provisions. UniCredit declined to comment....
...(She never got to benefit from that provision, though, since she died before he did.) Born in 1839 to poor Irish parents who transplanted the family to London, she met Whistler at 21....
...The draft law includes provisions for how families manage their assets before or after the passing of a founder. The ministry is also considering mandating the clear provision of succession plans....
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