Hints and tips:
...A shareholder vote to approve a deal between a special purpose acquisition company called Digital World Acquisition Corporation and Trump Media & Technology Group is planned for Friday....
...Most declined to comment, saying they had been asked by law enforcement to do so....
...Last year, the US Securities and Exchange Commission awarded $279mn to a whistleblower, its largest ever payout....
...Billionaire Ken Griffin’s Citadel Securities has called the former congressman who runs Donald Trump’s media business a “loser” after he named the powerful trading firm in a letter suggesting that an illegal...
...At present, a branch of the main clearing house the Depository Trust and Clearing Corporation, called the Fixed Income Clearing Corporation, is the only venue where Treasury trades are cleared....
...Most of the audits that the SEC said were flawed were conducted by Deloitte US for multinational corporations with operations in China....
...He has been struggling to raise almost $500mn to prevent assets from being seized as part of the enforcement of a fraud judgment in New York....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...A few weeks ago, there was an outcry after Apollo Global Management offered Yellow Corporation, the recently bankrupt trucking company, a $142.5mn DIP loan that came with a fee as high as $32mn....
...The company argues unions may be “emboldened” to use property damage as a negotiating tactic....
...Filed in Florida this week, the plaintiffs are seeking more than $1bn in damages and have slammed Ronaldo for still listing the crypto exchange as a partner on his website....
...Here the authors do a very good job detailing the arm-twisting tactics of US agencies....
...were putting behind mitigation tactics....
...So, a number of Hotbit senior managers have been subpoenaed by law enforcement since the end of July and are assisting in the investigation....
...Samuel Charap, a senior political scientist at the Rand Corporation....
...Other expected contenders include Florida governor Ron DeSantis — who gave high-profile speeches to law enforcement groups in New York, Chicago and Philadelphia on Monday — and Mike Pence, Trump’s former...
...The Russian-backed outfit penetrated the network of SolarWinds, a US-based corporation that provides software for the administration and security of 300,000 separate companies, including Microsoft, the US...
...The party at Drexel lasted until 1989, when Milken was arrested on suspicion of securities fraud. The junk bond market entered free-fall, leading to a wave of bankruptcies....
...Think of it as a bit like Florida, but for Brits and Irish people. It’s a place where sunburned men play rounds of golf....
...I mean, the best example of this is Ron DeSantis, the governor of Florida, who has launched this very strange culture war in Florida against some children’s books, against the Disney Corporation....
...The strategy is best understood as a delaying tactic, says Levitin of Georgetown University....
...Florida-based L3Harris was formed in 2019 via the merger of L3 Technologies and Harris Corporation, and the group has been seeking further scale through acquisitions....
...The bottom line is that businesses in a variety of industries should prepare for a period of shifting enforcement focus,” he said....
...From The Wall Street Journal yesterday: Pressure is mounting on the Securities and Exchange Commission to step up enforcement of key hubs of the crypto industry after the collapse of FTX last month ....
...What else we’re reading The US legal move letting corporations off the hook 3M, the conglomerate, is part of a recent trend whereby US corporations make use of the bankruptcy court not because they are...
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