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...The chief executive of BCG has said the $12bn consulting firm expects to generate a fifth of its revenues in 2024 from helping corporations integrate artificial intelligence into their businesses, a share...
...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....
...Amid New Orleans festivities, rainmakers wonder if the party is over for Delaware Delaware, Inc. may be the enterprise now under the most intense activist threat....
...” and concluded that “a ‘Delaware premium’ is non-existent or unknowable”....
...Criticism of Delaware reached a peak in the 1980s when it sanctioned some “poison pill” defences against hostile takeovers....
...At the same time it wrote: “Delaware law can be indeterminate because of its use of broad, flexible standards that are applied to individual cases in a highly fact-specific way.”...
...A 2001 study found that companies with a Delaware incorporation enjoyed a premium on their valuations....
...for large corporations thanks in part to a transparent corporate law regime, years of legal precedent and a community of lawyers....
...A Delaware court recently struck down Elon Musk’s $56 billion Tesla pay package....
...The state itself, obviously, Joe Biden, the current president of the United States, is the long time senator from Delaware. The DuPont chemical company is famously from Delaware....
...A hard-to-replicate combination of decades of legal precedent and an established legal community make the state attractive to corporations....
...Elon Musk has said Tesla will “immediately” hold an investor vote on whether to move its corporate registration to Texas, after a court judgment in Delaware voided his $56bn pay package....
...Here, per MainFT, is the latest thing: Elon Musk has said Tesla will “immediately” hold an investor vote on whether to move its corporate registration to Texas, after a court judgment in Delaware voided...
...The lawyers who represented victorious Tesla shareholders may be in line for a record-breaking payout worth hundreds of millions, or even billions, of dollars after a Delaware court on Tuesday voided a $56bn...
...Per Bloomberg: Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell entities, according to a new lawsuit...
...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....
...But the FT reported that months earlier, Merck, a German healthcare and life sciences group, had proposed buying a majority stake in the Japanese company....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...The existence of the case was revealed in a Delaware Chancery Court filing from United Atlantic Ventures, a partnership set up by Andy Litinsky and Wes Moss, two former contestants of reality television...
...Permira, the private equity investor, has hired Jon Serbousek as a senior adviser to its global healthcare team....
...Guggenheim is appointing Ben Thorpe as a senior managing director to expand its healthcare investment banking group....
...It culminated last week with the sale of a $5bn loan that backed KKR’s purchase of a stake in a healthcare technology company known as Cotiviti....
...Start-ups from around the world are leveraging AI for everything from workplace collaboration and healthcare to logistics and beauty products....
...“Ultimately, I want to make certain that corporations, no matter their size, treat Tennessee consumers fairly and honestly,” Skrmetti, a Republican, said in a statement....
...of the Professional Darts Corporation’s world championships at London’s Alexandra Palace....
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