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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.
The New York Times: Mergers, Acquisitions and Dive
JULY 26, 2024
In its first detailed response to a legal challenge, the agency said TikTok’s proposed changes wouldn’t prevent China from using it to collect U.S. users’ data or spread propaganda.
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.
Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?
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.
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.
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.
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.
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.
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. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
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.
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.
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.
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).
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.
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY Rule.
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.
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.
FORM 8.5 (EPT/RI) PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITYRule 8.5.
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.
Westford, USA, July 26, 2024 (GLOBE NEWSWIRE) -- SkyQuest projects that the Nutraceuticals Market will attain a value of USD 868.38 Billion by 2031, with a CAGR of 9.50 % during the forecast period (2024-2031). There are many factors that are boosting the market growth of nutraceuticals such as preventive healthcare, rising instances of lifestyle-related problems, and consumer focus on healthy diets.
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.
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.
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.
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.
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
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