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He joins Citi from ANZ Indonesia, where he held the position of head of markets for Indonesia from February 2019 to February 2025. Prior to this, Aroeman was head of sales for treasury and markets at DBS Bank in Indonesia for 12 years. He has also served as deputy head of corporate sales for global markets for HSBC Indonesia and at Deutsche (..)
He joins Citi from ANZ Indonesia, where he held the position of head of markets for Indonesia from February 2019 to February 2025. Prior to this, Aroeman was head of sales for treasury and markets at DBS Bank in Indonesia for 12 years.
In 2019, after nearly two decades in the corporate world, Pratish decided to take a leap of faith. What began as a 6-month sabbatical soon turned into a full-fledged passion project— Slow Moto Tours.
Ares Corporate Opportunities Fund (Del. 2/24), Chancellor McCormick addressed a shareholder challenge to the April 2019 acquisition of Smart & Final Stores by Apollo on the basis that Smart & Finals former controller-sponsor, Aress need for liquidity caused it to favor a deal, even at a suboptimal price, […]
As 2019 kicks off, the Cooley antitrust group highlights 10 recent developments and trends corporate counsel should be aware of – from the US Supreme Court and lower courts, the Department of Justice and Federal Trade Commission and enforcers around the world – that are likely to impact businesses this year and beyond.
In the wake of record-setting volume and value metrics in 2018, practitioners eyed the 2019 deal market with healthy skepticism. Despite a slight downward tick in momentum and overall deal statistics, 2019 remained a robust, dynamic and competitive market with tech deals outpacing other sectors in both volume and critical features.
On April 30, 2019, Vice Chancellor Tamika Montgomery-Reeves of the Delaware Court of Chancery held that plaintiff Freeman Family LLC ("Freeman"), a member of Park Avenue Landing LLC (the "Company"), is entitled to advancement pursuant to Delaware corporate case law. April 30, 2019). Freeman Family LLC v.
On February 12, 2019, Vice Chancellor Joseph R. Plaintiff sought the records pursuant to Delaware General Corporation Law Section 220, 8 Del. Tempur Sealy Int'l Inc., Tempur Sealy Int'l Inc., 2018-0336-JRS (Del. § 220, purportedly to investigate breaches of fiduciary duty by the board.
In the world of finance and corporate responsibility, two terms frequently arise: "stakeholder" and "shareholder." A shareholder is an individual or entity that owns shares or stock in a corporation. What is a Shareholder? By virtue of their ownership, they possess a direct financial interest in the company's success.
The ‘corporate and investment banking: spending priorities’ report from Coalition Greenwich assessed the performance of the 12 largest corporate and investment banks (by revenue) globally since 2018, which comprised banks including: Bank of America, Deutsche Bank, JP Morgan, UBS, HSBC, and Citi.
On November 14, 2019, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery rejected a demand by stockholders of Occidental Petroleum Corporation under Section 220, 8 Del. § 220, for documents and information relating to the corporation's acquisition of Anadarko Petroleum and related transactions.
On April 30, 2019, Vice Chancellor Tamika Montgomery-Reeves of the Delaware Court of Chancery held that plaintiff Freeman Family LLC ("Freeman"), a member of Park Avenue Landing LLC (the "Company"), is entitled to advancement pursuant to Delaware corporate case law. April 30, 2019). Freeman Family LLC v.
On February 12, 2019, Vice Chancellor Joseph R. Plaintiff sought the records pursuant to Delaware General Corporation Law Section 220, 8 Del. Tempur Sealy Int'l Inc., Tempur Sealy Int'l Inc., 2018-0336-JRS (Del. § 220, purportedly to investigate breaches of fiduciary duty by the board.
In a recent decision, the Delaware Court of Chancery grappled with the question whether—and to what extent—claims for breach of fiduciary duty can be waived ex ante in a corporate shareholder agreement. Specifically, in New Enterprise Associates 14 LP v. in the case of fraud). [3] This view is not entirely accurate.
In 2019, Apple had $108 billion in cash reserves and issued $7 billion in debt. million This means that the company can reduce their taxable income by $1.75 million, resulting in a lower tax bill. One real company example of using tax shield is Apple Inc.
On May 30, 2019, Vice Chancellor Joseph R. May 30, 2019). Slights III of the Delaware Court of Chancery granted a stockholder demand to inspect Facebook's books and records in connection with their Caremark claims arising from alleged data privacy breaches. In re Facebook, Inc. Section 220 Litig., 2018-0661-JRS (Del.
On August 12, 2019, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery ruled in a post-trial opinion that the fair value of Columbia Pipeline Group, Inc. ("Columbia") was equal to the deal price in an appraisal action arising from Columbia's acquisition by TransCanada Corporation ("TransCanada").
On August 7, 2019, in a decision authored by Justice Gary F. Traynor, the Delaware Supreme Court concluded that books and records produced to a stockholder under Section 220 of the Delaware General Corporation Law are not subject to a presumption of confidentiality. 23, 2019 (Del. Boast Apparel, Inc.,
Business travel emissions drop as many firms fly less -survey By Joanna Plucinska LONDON (Reuters) -Almost half of 217 global firms cut their business travel carbon emissions by at least 50% between 2019 and 2022, analysis published on Monday found, as corporate air travel returned at a much slower pace since the pandemic than leisure […]
When Your Wish Can Go Too Far How problematic acquisitions and lack of a clear strategy have left the Mouse feeling trapped By Abigail Iaconis, Capstone Senior Analyst The Walt Disney Corporation has one of the most iconic brand images on Earth. Despite a very popular initial rollout in 2019, with a whopping 73.7
On July 8, 2019, Vice Chancellor J. July 8, 2019). Travis Laster of the Delaware Court of Chancery awarded $3 million to plaintiffs' lawyers in Sciabacucchi v. Salzberg, C.A. 2017-0931-JTL (Del. Sciabacucchi v. Salzberg, C.A. 2017-0931-JTL (Del.
On February 7, 2019, the Delaware Supreme Court issued an order affirming the dismissal of misappropriation claims by Alarm.com Holdings, Inc. against ABS Capital Partners Inc. and its affiliates), a private equity firm that had a controlling interest in plaintiff and whose partners served on plaintiff's board, with one as chairman.
On November 14, 2019, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery rejected a demand by stockholders of Occidental Petroleum Corporation under Section 220, 8 Del. § 220, for documents and information relating to the corporation's acquisition of Anadarko Petroleum and related transactions.
On January 29, 2019, in a decision authored by Chief Justice Leo E. the Supreme Court of Delaware unanimously granted a stockholder petitioner's demand under Delaware General Corporation Law Section 220, 8 Del. § 220, to inspect the books and records of respondent Palantir Technologies Inc. KT4 Partners LLC v.
Oliveira originally joined BNP Baribas as part of its corporate and institutional banking division in 2017 as deputy head of Hispanic, LATAM CIB. Holmes joined Kepler in 2019 having previously served in equity sales trading roles at Sanford C. Arne Groes has been appointed as the global head of FICC, effective 1 October.
On March 11, 2019, Vice Chancellor Kathaleen S. McCormick enjoined a stockholder vote to approve the proposed combination of Medley Management, Inc. ("Medley Management") with two affiliates it advised, Medley Capital Corporation ("Medley Capital") and Sierra Income Corporation ("Sierra").
the Delaware Supreme Court affirmed a decision by the Delaware Court of Chancery, which relied on the unaffected stock price of Jarden Corporation to determine its fair value in a post-merger appraisal action. 454, 2019 (Del. Fir Tree Value Master Fund, LP v. Jarden Corp., July 9, 2020). "Although
Slights of the Delaware Court of Chancery dismissed a derivative lawsuit brought by a stockholder of FedEx Corporation (the "Company") against the Company's directors for failure to plead that pre-suit demand on the board would have been futile. 2019-0795-JRS (Del. Smith, et al., June 28, 2021).
On May 30, 2019, Vice Chancellor Joseph R. May 30, 2019). Slights III of the Delaware Court of Chancery granted a stockholder demand to inspect Facebook's books and records in connection with their Caremark claims arising from alleged data privacy breaches. In re Facebook, Inc. Section 220 Litig., 2018-0661-JRS (Del.
On August 12, 2019, Vice Chancellor J. Travis Laster of the Delaware Court of Chancery ruled in a post-trial opinion that the fair value of Columbia Pipeline Group, Inc. ("Columbia") was equal to the deal price in an appraisal action arising from Columbia's acquisition by TransCanada Corporation ("TransCanada").
On August 7, 2019, in a decision authored by Justice Gary F. Traynor, the Delaware Supreme Court concluded that books and records produced to a stockholder under Section 220 of the Delaware General Corporation Law are not subject to a presumption of confidentiality. 23, 2019 (Del. Boast Apparel, Inc.,
2019-0336-AGB (Del. Bouchard of the Delaware Court of Chancery denied a motion to dismiss claims brought by stockholders of Coty Inc. the "Company") against its directors and affiliates of its alleged controller. In re Coty, Inc. Stockholder Litigation, C.A.
On December 18, 2019, Chancellor Andre G. Bouchard of the Delaware Court of Chancery ruled that defendant Boston Scientific Corporation was not entitled to terminate its merger agreement with plaintiff Channel Medsystems, Inc. Channel Medsystems, Inc. 2018-0673-AGB (Del. million from the company.
On July 8, 2019, Vice Chancellor J. July 8, 2019). Travis Laster of the Delaware Court of Chancery awarded $3 million to plaintiffs' lawyers in Sciabacucchi v. Salzberg, C.A. 2017-0931-JTL (Del. Sciabacucchi v. Salzberg, C.A. 2017-0931-JTL (Del.
The first move Grandmaster and FIDE Trainer Priyadharshan Kannappan, started providing online classes in 2019. The academy has recently expanded to provide chess-based employee engagement activities to corporate organizations as well. By 2021, Priyadharshan, along with his mother Meenakshi Kannappan, aspired to broaden their impact.
On February 7, 2019, the Delaware Supreme Court issued an order affirming the dismissal of misappropriation claims by Alarm.com Holdings, Inc. against ABS Capital Partners Inc. and its affiliates), a private equity firm that had a controlling interest in plaintiff and whose partners served on plaintiff's board, with one as chairman.
On October 31, 2019, Vice Chancellor Kathaleen S. McCormick of the Delaware Court of Chancery dismissed a stockholder derivative suit against the directors of LendingClub Corporation for failure to plead demand futility. In re LendingClub Derivative Litigation, C.A. 12984-VCM (Del.
On January 29, 2019, in a decision authored by Chief Justice Leo E. the Supreme Court of Delaware unanimously granted a stockholder petitioner's demand under Delaware General Corporation Law Section 220, 8 Del. § 220, to inspect the books and records of respondent Palantir Technologies Inc. KT4 Partners LLC v.
Travis Laster of the Delaware Court of Chancery denied a motion to dismiss claims as untimely in a derivative action brought by stockholders against the officers and directors of AmerisourceBergen Corporation (the "Company"). Lebanon County Employees' Retirement Fund v. Collis, C.A. 2021-1118-JTL (Del.
On March 11, 2019, Vice Chancellor Kathaleen S. McCormick enjoined a stockholder vote to approve the proposed combination of Medley Management, Inc. ("Medley Management") with two affiliates it advised, Medley Capital Corporation ("Medley Capital") and Sierra Income Corporation ("Sierra").
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