Hints and tips:
Related Special Reports
...holding back the city after a decade of strong economic growth....
...But Elliott insiders note that the address in question — 1209 North Orange Street in the US state of Delaware — is home to the Corporation Trust Center, where more than 250,000 companies are registered....
...President Joe Biden has called for higher taxes on the wealthy and large corporations, taken a tougher approach to antitrust enforcement, sided with labour unions in contract negotiations and criticised...
...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....
...for large corporations thanks in part to a transparent corporate law regime, years of legal precedent and a community of lawyers....
...Michela Tindera So Delaware’s court system is fast and effective. But that’s not the only reason corporations love it. It’s also because of how long it’s been in operation....
...A hard-to-replicate combination of decades of legal precedent and an established legal community make the state attractive to corporations....
...“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...
...Handler said on Wednesday that he had sold 1.5mn shares, about 7 per cent of his total holdings in Jefferies, at $43.50 each....
...They are seeking to speed up proceedings as TMTG moves towards a stock market listing through a merger with blank-cheque company Digital World Acquisition Corporation....
...But the project is now paused after Gove, levelling-up secretary, issued a “holding directive” while he considers whether to launch a review....
...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....
...Musk vs Delaware The small US state of Delaware has long been the refuge of large corporations seeking predictable courts....
...KKR was also holding talks with large corporations and other private equity buyers about potential asset sales, they said....
...The twist is that it is acquiring those sites from Novo Holdings, its own controlling investor, as part of an agreement in which Novo Holdings will first buy US-based Catalent for a $16.5bn total price tag...
...“The next government will face a tricky choice between raising taxes to fix creaking public services or holding the line on the chancellor’s recent tax cuts,” said Wood....
...The US Federal Deposit Insurance Corporation is working on proposals aimed at ensuring asset managers do not seek too much influence over the banks in which they hold large stakes....
...Judge Colm Connolly in Delaware has yet to rule on the motion. Jankowicz is seeking damages in an amount to be determined at trial....
...If you doubt this I urge you to read a law journal article by corporate governance luminary, Leo Strine, the former chief justice of the Delaware Supreme Court....
...Less of a protective shield for the licence fee, more a discomforting reminder that holding power to account can be positioned as one-sided when the power hasn’t changed for 13 years....
...Some of the world’s biggest investors including Norway’s oil fund and a Canadian pension giant have failed in a bid to push Samsung’s de facto holding company to increase dividends and share buybacks....
...“The company will continue to increase its [ETF] holdings and expand the scale of the holdings, so as to resolutely safeguard the stable operation of the capital market,” wrote Central Huijin, without disclosing...
...As intellectually and socially diverse generations, they are a powerful force; they believe in taking action, holding both themselves and others to account....
...Apple has become a critical holding for Berkshire and now accounts for roughly a fifth of its market value....
...The Blackstone-led group, which includes Canada’s largest pension fund CPP Investments and real estate developer Rialto Capital, has bought a 20 per cent stake in a joint venture holding $16.8bn of commercial...
International Edition