Hints and tips:
...Musk’s X Corp — now Twitter’s parent — has sued Wachtell Lipton in a California state court in an attempt to claw back some of the previously undisclosed $90mn it was paid by the social media platform to...
...Meanwhile, restive Tesla shareholders have already sued Musk over concerns that the company has enriched him to the tune of $56bn in share options at their expense....
...The disclosures came in a registration statement filed with the Securities and Exchange Commission on Monday by Digital World Acquisition Corp, the blank-cheque company that is merging with TMTG DWAC’s...
...BP has appointed its chief supply chain officer Leigh-Ann Russell and former honorary consul of Norway in Germany Anja-Isabel Dotzenrath as members of Bernard Looney’s leadership team....
...Only days before the payments were made, a group of lenders had sued Revlon and Citi alleging that Revlon had violated their credit agreements when it raised cash in 2019 and 2020....
...The League had a chance to try to take Italy out of the euro and balked, and now eurozone policy is less damaging to Italy’s interests....
...Autonomy’s remaining operations were eventually shed last year by Hewlett Packard Enterprise, a successor company to HP, and are now part of MicroFocus, which has taken over as the UK’s largest listed tech...
...Get in touch with us: Due.Diligence@FT.com Carlyle sued over alleged theft of trade secrets Benjamin Franklin believed that three people could keep a secret so long as two of them were dead, and he might...
...Then, in 2000, he led an investment by News Corp in REA, an Australia-based real estate listings company. The company later increased its stake to 61 per cent, paying a total of about $100m....
...him and the company in arbitration, rather than in a court....
...But Chevron felt it had been treated unfairly and counter-sued in the US....
...The London School of Economics graduate flirted with a media career as a runner for a television company and in a strategy role at the BBC, but he was always close to New Labour, first as an adviser to Gordon...
...Mr Greenberg, through his firm Starr International, sued the government in 2011 over the terms of investor compensation as part of the bailout, which it was alleged, amounted to an illegal taking of private...
...Some 64,000 engineers have sued Google, Apple, Intel and Adobe Systems for forming a different type of alliance – to stop the companies poaching each other’s staff....
...Both UBM and Informa own large events businesses, a sector that saw its biggest deal in years in May, when Nielsen sold its exhibitions business to Onex Corp, the Canadian private equity firm, for $950m....
...Then, in August the DoJ filed a civil lawsuit against BofA related to its sales of mortgage-backed securities, referencing Merrill Lynch and stating that BofA “is liable as successor-in-interest”....
...He had to face down critics, many of them driven by their own commercial interests....
...The company said it was looking for a successor and named Mike Mikan, a Best Buy director and former executive vice-president of UnitedHealth, as interim chief executive....
...Bank of New York Mellon has ousted Robert Kelly as chief executive, citing “differences in approach to managing the company”, and appointed Gerald Hassell, a 30-year veteran of the bank, as his successor...
...Many Nigerians suspect Obasanjo is still trying to exert influence on the national stage, having hand-picked Yar’Adua as his successor....
...The fact is that if owners get involved in operational or strategic issues, it can only be on a spasmodic and occasional basis. This is liable to harm their own interests....
International Edition