Hints and tips:
...As markets hit record highs, the ratio of corporate insider selling to insider buying is at the highest level since the first quarter of 2021, according to Verity LLC, which tracks insider trading disclosures...
...Public records show that the Delaware-registered entity Son used to buy the property, SV Projects LLC, mortgaged the house to secure a ¥10bn loan — worth $92mn at the time — from Japanese bank Mizuho to...
...But according to a complaint filed in Delaware Chancery Court on Wednesday, “there was no legitimate reason to pay the founders’ personal taxes”, and an aggrieved Apollo shareholder, the Anguilla Social...
...Handler’s breach of contract claims against Centerview over back pay and equity remain pending in the Delaware court....
...According to a filing in Delaware, where Anthropic is incorporated, it has two classes of stock, one of which carries 10 times the voting rights of the other....
...But rather than move on, HIG has sought redress in a Delaware state court, accusing Audax of directing a “brazen, massive, systemic” accounting fraud at Mobileum to juice the selling price....
...The two-day hearing in a Delaware state courthouse was held to determine if Handler, who quit Centerview almost a year ago, is a rightful partner with the legal ability to inspect its financial books....
...Even as Qatalyst tried to rein in its client at times, the bank’s behaviour also drew the rebuke of the Delaware court....
...A hearing this week in a cramped Delaware courtroom showed that when it came to his 14-year Centerview colleague, David Handler, it was anything but a 24-hour topic....
...But Apollo’s DIP financing proposal fell through after Yellow’s lawyers last Friday told a federal bankruptcy judge in Delaware that two other parties — MFN Partners, a Boston-based hedge fund, and Estes...
...Charles Elson, a corporate governance expert at Delaware university, sees these concurrent relationships as a potential conflict of interest that might concern prospective Arm investors....
...The lenders allege Byju’s has technically defaulted on the loan and have used a legal challenge in Delaware to try to force the company to accelerate payment....
...Both sides are now litigating in a Delaware court over the bitter parting, each accusing the other of treachery....
...Motors Q2, Kimberly-Clark Q2, Kuehne+Nagel H1, LVMH H1, Microsoft Q4, Mitie Q1 trading update and AGM, Randstad Q2, Reach H1, Rémy Cointreau Q1 sales, Snap Q2, Spotify Q2, Tata Motors Q1, Unilever H1, Verizon...
...Michael Dell and private equity group Silver Lake, has agreed to pay $1bn to settle a lawsuit over its acquisition of software company VMware, which would be one of the biggest shareholder awards in the Delaware...
...August 14, 2023: Prime Trust, LLC and certain of its affiliates filed voluntary petitions for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the District of Delaware...
...FTX rebranded LedgerPrime’s crypto futures platform as FTX US Derivatives LLC and said the remaining business would become a family office making investments solely for Alameda Research....
...Later that year, the Delaware trial dug into Apollo’s conduct leading up to the press release....
...In the lawsuit filed in Delaware state court on Thursday, minority holders in the reorganised WPG, led by Cygnus Capital, said that they were blindsided and ultimately cheated in a transaction earlier this...
...(MgmtCo is how SoftBank describes Masa’s Delaware-incorporated MASA USA LLC vehicle.)...
...Jeff Sabin and Andrew Curry, lawyers with Venable LLP, signed into the hearing in person representing a firm called Digital Augean, LLC....
...Rubenstein learned in December that Verizon was poised to hand over details of every call and text message sent to or from his iPhone over a 12-month period....
...Telco Verizon Communications and chipmaker Texas Instruments also report....
...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...
...Delaware judge Travis Laster said on September 10, that theory, however sensational, is “a story that hangs together”....
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