Hints and tips:
...Apart from the Delaware litigation that sought to enforce the merger agreement, also in June 2008, Huntsman sued Apollo as well Leon Black and Josh Harris personally in Texas state court for fraud and “tortious...
...The $18bn distressed debt investor Strategic Value Partners seized control of the owner of US retail properties such as Rolling Oaks Mall in Texas and Tippecanoe Plaza in Indiana in a transaction approved...
...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...
...The pair were going to invest nearly $500m together with co-investors to recapitalise the Texas and Utah driller....
...In a move that was emblematic of the anthem “Don’t Stop Me Now” by Queen, Judge Mary Walrath of the US bankruptcy court in Delaware gave Hertz approval to sell up to $1bn of new shares to speculators....
...Horizon Kinetics, a New York-based investment adviser, has set its sights on reorganising Texas Pacific Land Trust, a highly profitable company with land holdings on the Texas side of the Permian Basin,...
...It is also relocating its headquarters from downtown Wilmington, Delaware, where it was based for 110 years, and has sold its theatre in the city....
...It turned out that in most instances, the Committee members and their financial advisor [the Texas boutique firm, Tudor, Pickering, Holt & Co] had no explanation for what they did....
...The nearly century old chain filed for bankruptcy protection in US bankruptcy court in Delaware on Thursday evening, as its losses continued to mount....
...The Delaware-based company said it was forced to take larger than expected seed inventory writedowns as corn sales moderated....
...Another strategy is to put assets into a limited liability company (LLC) managed by someone else....
...Mirant fought back by launching legal action against NRG in Delaware Chancery Court....
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