Fri.Jul 26, 2024

article thumbnail

What Is an Involuntary Bankruptcy and How Can Creditors Use This Powerful Tool? - Creditor’s Rights Toolkit

JD Supra: Mergers

In most bankruptcies, the company decides to file for relief. In involuntary bankruptcies, creditors force the company into bankruptcy. Involuntary petitions are an extreme remedy, and therefore the requirements and standards to meet for filing such petitions are strictly construed and applied. If creditors meet the requirements under the Bankruptcy Code for filing an involuntary petition, it can serve as a powerful tool to use against a debtor.

IT 185
article thumbnail

Del. Chancery Holds “Corwin Cleansing” Applies to Purchase Price Reduction

Deal Lawyers

The Chancery Court recently dismissed breach of fiduciary duty claims arising out of a $400 million reduction in the purchase price to be paid to target stockholders as a result of post-signing equity awards to insiders that allegedly violated the terms of the merger agreement. In In re Anaplan, Inc. Stockholders Litigation, (Del. Ch.

Mergers 122
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Under Pressure—Rethinking Board Practices - A Jones Day Governance Perspective.

JD Supra: Mergers

The Situation: Boards of directors face increasingly intense workloads, pressure to respond to developments in real time, and exposure to a higher level of legal risk than ever before.

article thumbnail

Bill Ackman's IPO of Pershing Square closed-end fund is postponed, NYSE says

CNBC: Investing

Bill Ackman is postponing the highly scrutinized listing of Pershing Square's U.S. closed-end fund, according to a notice on the NYSE's website.

IPO 89
article thumbnail

Top 3 Secrets to Staying Relevant with Gen Z

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant or getting "ghosted" if they fail to meet the evolving needs of Gen Z consumers. In this new webinar, Brian Muse-McKenney of Episode Six and Matt Simester of Payments Consultancy Limited will reveal key considerations banks should factor into their efforts to develop target products for the next generation of bank customers.

article thumbnail

M&A Insights and Outlooks in the Packaging and Industrial Industries: A Conversation with Brett Kornblatt of Stout

JD Supra: Mergers

To help businesses, investors, and deal professionals better understand the evolving M&A market, Robert Connolly – a partner in and leader of LP’s Corporate Practice Group – shares a series of conversations with M&A experts. Below is his conversation with Brett Kornblatt, who is Managing Director of Industrials-Packaging at Stout, a global advisory firm that specializes in corporate finance, accounting and transaction advisory, valuation, financial disputes, claims, and investigations.

M&A 163

More Trending

article thumbnail

Court Holds Internal Affairs Doctrine Typically Covers Breach Of Fiduciary Claims Despite No Averment Of Fiduciary Duty

JD Supra: Mergers

California's Revised Uniform Limited Liability Company Act provides "The law of the state. under which a foreign limited liability company is formed governs all of the following: The organization of the limited liability company, its internal affairs, and the authority of its members and managers." Cal. Corp. Code § 17708.01(a). Notably, the statute does not define what constitutes an LLC's internal affairs.

article thumbnail

Positive revenues from Euronext trading segments sees overall revenue rise year-on-year

The TRADE

Euronext has experienced positive earnings in the second quarter of this year, attributed to strong performance of trading and post-trade activities as a result of dynamic trading environments. The trading venue saw Q2 2024 revenue and income increase 12.2% when compared to the same period last year, totalling €412.9 million. Overall trading revenue grew 20.7% to €142.7 million year-on-year, driven by increases in revenue across all trading segments compared to Q2 2023.

Trading 64
article thumbnail

Arkansas Environmental Service Firms: Terracon Acquires Harbor Environmental, Inc.

JD Supra: Mergers

Terracon has acquired Little Rock, Arkansas environmental service firm Harbor Environmental, Inc. (“Harbor”). Terracon describes itself as a consulting engineering firm specializing in environmental, facilities geotechnical materials services and has more than 6,000 employees in more than 175 locations.

article thumbnail

Chase to Bar Customers From Using Credit Cards for ‘Pay Later’ Loans

The New York Times: Banking

Financial regulators and consumer advocates frown upon using credit cards to pay off installment loans because of the risk that consumers will dig themselves further into debt.

Debt 59
article thumbnail

Provide Real Value in Your Applications with Data and Analytics

The complexity of financial data, the need for real-time insight, and the demand for user-friendly visualizations can seem daunting when it comes to analytics - but there is an easier way. With Logi Symphony, we aim to turn these challenges into opportunities. Our platform empowers you to seamlessly integrate advanced data analytics, generative AI, data visualization, and pixel-perfect reporting into your applications, transforming raw data into actionable insights.

article thumbnail

Healthcare & Life Sciences Private Equity Deal Tracker: Cook Medical to Sell Reproductive Health Business to Astorg

JD Supra: Mergers

Cook Medical has announced its intention to sell the company’s reproductive health business — Cook ART — to Astorg.

Medical 150
article thumbnail

Russia Raises Key Inflation Rate to 18 Percent

The New York Times: Banking

The move underscored the wartime risks for the Kremlin as the government pumps enormous sums of money into the Russian economy.

article thumbnail

Citadel appoints new equity trader

The TRADE

Robert Whelan has joined Citadel as equity trader following almost eight years at Pictet Asset Management. Whelan joined Pictet AM as an equity trader back in 2016. Prior to that, he worked at Morgan Stanley, initially joining as an electronic trading associate before going on to a role as equity sales trader. Whelan will act as an execution trader on behalf of the desk and his role is non-risk taking, The TRADE understands.

article thumbnail

Frank Cappelleri on using charts to successfully navigate the markets

CNBC: Investing

For Frank Cappelleri, technical analysis — reading charts to identify patterns in stocks and other assets — is not an art or a science.

Stock 64
article thumbnail

Predictions You Can Rely On: How Data Drives Successful Financial Forecasting

Speaker: Robbie Bhathal, Founder & CEO, and Matthew Acalin, Head of Credit Intelligence

In today's volatile financial environment, how confident are you in your company’s financial forecasting? To get the most accurate cash predictions that will lead to long-term financial survival, real-time data is critical. Innovative cash management strategies can lead to better credit opportunities, more sustainable growth, and long-term financial prosperity.

article thumbnail

NEW AI POWERED SEO IS SAVING SMALL BUSINESSES 100s OF HOURS OF WORK AND $1000s OF BUDGET

Global Banking & Finance

July 2026 HIKE SEO IS REVOLUTIONIZING THE SEO PROCESS WITH THE FIRST IN MARKET TOOL THAT USES AI TO OPTIMIZE YOUR WEBSITE, WITHOUT HAVING TO LOG INTO YOUR CMS – SLASHING SEO TASK TIME BY MORE THAN 50%, SAVING SMALL BUSINESSES 100s OF HOURS OF WORK AND $1000s OF BUDGET.

article thumbnail

Disney is among the most oversold stocks on Wall Street. Here are the others

CNBC: Investing

Several companies appear oversold this week and could be due for a rebound after a wild week on Wall Street.

Stock 73
article thumbnail

Interoperability: the fast lane to innovation that swerves disruption

Global Banking & Finance

By Arjun Jayaram, CEO of Baton Systems In the increasingly intricate and fast-moving capital markets landscape, there has never been greater pressure on investment banks to streamline and automate their post-trade and operations systems.

article thumbnail

The tech sell-off may not be over. Here's an options trade to capitalize on the trend—with protection

CNBC: Investing

The Nasdaq-100 has seen significant profit taking as many investors have trimmed their exposure to the Mag 7.

article thumbnail

Deliver Mission Critical Insights in Real Time with Data & Analytics

In the fast-moving manufacturing sector, delivering mission-critical data insights to empower your end users or customers can be a challenge. Traditional BI tools can be cumbersome and difficult to integrate - but it doesn't have to be this way. Logi Symphony offers a powerful and user-friendly solution, allowing you to seamlessly embed self-service analytics, generative AI, data visualization, and pixel-perfect reporting directly into your applications.

article thumbnail

FCA to offer partly ‘rebundled’ research to support UK buy-side

The TRADE

The UK Financial Conduct Authority (FCA) has announced new rules around payment for research that re-introduce an optional element of rebundling. Released on Friday, the watchdog’s new rule introduces a new payment option for research and follows an industry consultation period that began in April. Under the new proposed payment option, the UK buy-side will be able to facilitate joint payments for third-party research and execution services, provided said firm meets requirements.

article thumbnail

Kickstart Your Export Journey with Razorpay’s Simplified IEC Registration Service

Razorpay

Are you an aspiring entrepreneur itching to take your business international? Or perhaps you’re an established exporter looking to streamline and simplify your export compliance? In either case, applying for and receiving an IEC code is crucial for your success. This blog is your one-stop guide to understanding IEC, its importance for Indian exporters, and how Razorpay’s new IEC Registration Service can take the hassle out of the entire process.

Trading 52
article thumbnail

Smart Cities Market to Surpass a CAGR of 25.7% by 2031 | SkyQuest Technology

Global Newswire by Notified: M&A

Westford, USA, July 26, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the smart cities market will attain a value of $5426.3 Billion by 2031, with a CAGR of 25.7% over the forecast period (2024-2031). A smart city is a framework for implementing, creating, and advancing sustainable urban development using information and communication technology (ICT).

article thumbnail

This bank cut the 5.25% yield on its 1-year CD. Where to find compelling rates

CNBC: Investing

Several banks are trimming back yields on savings products well before the Federal Reserve cuts rates.

Bank 69
article thumbnail

Using Data & Analytics for Improving Healthcare Innovation and Outcomes

In the rapidly evolving healthcare industry, delivering data insights to end users or customers can be a significant challenge for product managers, product owners, and application team developers. The complexity of healthcare data, the need for real-time analytics, and the demand for user-friendly interfaces can often seem overwhelming. But with Logi Symphony, these challenges become opportunities.

article thumbnail

Your industrial network is not a commodity: it is strategic to your success

Cisco: M&A

Your industrial network directly impacts operational efficiency, security, long-term costs, and the ability to leverage future technologies.

IT 52
article thumbnail

These stocks have strong earnings momentum heading into next week

CNBC: Investing

Some names reporting next week, including Amazon and T-Mobile, could be a bright spot in the broader market after a rough week.

Stock 59
article thumbnail

Zweig Group releases mid-year mergers and acquisitions report

Global Newswire by Notified: M&A

This report details some of the biggest trends and movements regarding M&A activity in the AEC industry This report details some of the biggest trends and movements regarding M&A activity in the AEC industry

article thumbnail

Friday's analyst calls: Apple a buy ahead of earnings, food delivery stock to surge more than 60%

CNBC: Investing

Apple and a food delivery stock were among the names being talked about by analysts on Friday.

Food 57
article thumbnail

Navigating the Future: Generative AI, Application Analytics, and Data

Generative AI is upending the way product developers & end-users alike are interacting with data. Despite the potential of AI, many are left with questions about the future of product development: How will AI impact my business and contribute to its success? What can product managers and developers expect in the future with the widespread adoption of AI?

article thumbnail

Man Group PLC : Form 8.3 - Quanex Building Products Corporation

Global Newswire by Notified: M&A

FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORERule 8.3 of the.

article thumbnail

Value stocks are fueling the small-cap rebound, and these ETFs are outperforming

CNBC: Investing

Funds that focus on cheap stocks are beating the Russell 2000 in July.

Stock 64
article thumbnail

Pest Control Market is Expected to Grow from 23.01 Billion 2023 to reach 34.78 Billion in 2031 | SkyQuest Technology

Global Newswire by Notified: M&A

Westford, USA, July 26, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Pest Control Market will attain a value of USD 34.78 Billion by 2031, with a CAGR of 5.3 % during the forecast period (2024-2031). In recent times, the demand for pest control has immensely increased due to the changing climatic conditions and an increase in the population of pests worldwide.