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Inside BusinessSujeet Indap
Delaware, Inc agonises about Musk backlash as its lawyers seek changes
...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....
April 23, 2024
The Big Read
The dark side of the US sports betting boom
...Before 2018, those who wanted to gamble on sports legally had to travel to casinos in Nevada, or three other states which were exempt from the ban....
August 10, 2023
FT Live
Future of Asset Management North America
New models for the next age of fund management
Wednesday, 25 SeptemberNew York, NY, USA
FirstFT
FirstFT: Left push for talks with Putin
...Since the beginning of October, Maga Inc, a newly created Trump super Pac, has spent $8.5mn on ads in Ohio, Pennsylvania, Georgia, Nevada and Arizona....
October 25, 2022
Gambling industry
Caesars battles Apollo in takeover bid for William Hill
...Despite having a presence in the US through its Nevada business since 2012, William Hill’s share price has trailed rivals’ because of its exposure to the increasingly tightly regulated UK market....
September 25, 2020
Caesars Entertainment Corporation
Caesars shares jump on Fertitta merger approach
...Shares in Caesars Entertainment jumped more than 14 per cent on Wednesday after Tilman Fertitta, owner of the Golden Nugget casino chain, had proposed a combination with the Las Vegas company behind Caesars...
October 17, 2018
FT AlphavilleAlexandra Scaggs
The Apple story is about corporate bonds, not cash or capex
...In the short term, that mostly seems to involve moving funds from a foreign account (managed in Nevada) to a domestic account (probably also managed in Nevada)....
January 18, 2018
FT Live
Investing in America
Foreign companies as drivers of US growth, resilience and competitiveness
Tuesday, 10 DecemberHybrid Conference
News in-depthCyber Security
Cyber security firms vulnerable to M&A attacks
...The end result would be good for corporations trying to protect against cyber threats, he said....
August 4, 2016
News in-depthFTfm
Hedge funds: Overpriced, underperforming
...annual meeting in Nevada this month....
May 24, 2016
FT Magazine
Lithium: Chile’s buried treasure
...About 30 minutes drive from the city of Reno, Nevada, Tesla Motors is building the world’s biggest battery plant....
July 7, 2016
News in-depthSatellites
Satellite industry aims smaller and lower
...The main body of the SN-50 Nanosat on Sierra Nevada Corporation’s stand was only 40cm by 40cm....
April 27, 2015
FT AlphavilleSujeet Indap
Caesars: Et tu, 1st lien?
...As chronicled below, in little more than six months, Defendant owners, fiduciaries, and affiliates of a hopelessly insolvent Delaware corporation, Caesars Entertainment Operating Company, Inc....
December 18, 2014
US & Canadian companies
Game of poker over Caesars Entertainment heads to the courts
...“We have indicated that the company requires deleveraging and that a restructuring is appropriate,” Gary Loveman, chief executive of Caesars, told the FT. “A bankruptcy is a different thing....
August 12, 2014
US & Canadian companies
Disrupters bring destruction and opportunity
...It says a new “gigafactory” in Nevada will probably bring down battery pricing by around 30 per cent....
December 30, 2014
Companies
Letter from Lex: great heights
...Much of the news involved M&A deals, especially in the pharma and telecoms sectors....
May 31, 2013
US & Canadian companies
Embraer aims for second shot at US jet contract
...Embraer and its US partner Sierra Nevada Corporation last year won the air force contract to supply the turboprop aircraft, which can carry smart bombs, rockets and other weaponry and are designed for fighting...
March 26, 2012
FT Live
Managing Operational Risk in M&A Transactions
Examining the value of business licensing and property tax in the deal cycle
Thursday, 20 JuneDigital Conference
John Gapper
Wynn raises the stakes in Las Vegas
...The Wynn affair casts a poor light on Nevada’s corporate law and the ability of a board – led by a powerful and well-connected Las Vegas mogul – to crush an awkward shareholder....
February 22, 2012
beyondbricsJoe Leahy
Embraer contract: the US flip-flops
...The least the US Air Force could have done is to provide a clear reason for the eleventh hour cancellation of the contract, under which Embraer and its partner Sierra Nevada Corporation, are planning to...
March 2, 2012
IPOs
Caesars Entertainment revives offering plan
...However, there are signs of a rebound in visitor numbers to Las Vegas, which attracts a large share of US convention trade....
November 15, 2011
US & Canadian companies
Wynn Resorts seeks founder’s resignation
...Robert Miller, a former Nevada governor and chairman of Wynn Resorts’ compliance committee, said the board was “deeply disturbed by the behaviour of Mr Okada”....
February 20, 2012
Terrorism
Why we all need a drone of our own
...Flown from half a world away in the Nevada desert, they have given the US a means of projecting power far into another sovereign country with no risk of an American airman being shot down and captured, as...
February 24, 2012
US & Canadian companies
Buy-out firm in $1.6bn deal for 99 Cents Only
...David Kaplan, a partner at Ares, said the group would look to expand the chain and utilise the retail expertise that it gained through investing in companies such as Floor and Decor Outlets of America, General...
October 11, 2011
Cyber warfare
US regulators warn utilities over cyberattacks
...The North American Electric Reliability Corporation (Nerc) issued an alert hours before a security researcher showed at the Black Hat security conference in Las Vegas last week that he could break into programmable...
August 7, 2011
US & Canadian companies
US Bancorp lawsuit adds to BofA’s woes
...Bank of America’s legal woes worsened as the biggest US bank by assets was sued for alleged breach of contract by US Bancorp over a $1.75bn pool of mortgages and investors moved to block a separate $8.5bn...
August 31, 2011
US & Canadian companies
Sands China shares hit by SEC probe of parent
...Mr Jacobs alleged in a Nevada court filing that he was fired “without cause” in the summer, after resisting “repeated and outrageous demands” to “use improper ‘leverage’ against senior government officials...
March 2, 2011
News in-depthUS downturn
US Republicans: An oracle of orthodoxy
...Unlike the Chamber of Commerce, funded by large corporations, the Club is largely fuelled by a disparate group of wealthy individuals who mostly stay out of the limelight....
October 20, 2011

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