By Jeff Montgomery (Nov 8, 2021, 8:51 p.m. EST) – Lawyers for real estate managers accused in chancellery court of conspiring to dilute a shareholder’s rights to 50% in order to foil an action in police custody on Monday dismissed arguments that a Delaware Supreme Court referral requires them to show a “compelling” justification for a “highly suspicious” action.
Michael K. Ross of Aegis Law Group LLP, representing the shareholder of UIP Cos. Inc., Marion Coster, told Chancellor Kathaleen S. McCormick in a teleconference that a Delaware Supreme Court opinion in June found that the Chancellery dismissed the case in January 2020 without considering whether a vote issue of shares was unfair or for the …
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Legendary fund manager Li Lu (who Charlie Munger supported) once said, “The biggest risk in investing is not price volatility, but the possibility that you will suffer a permanent loss of capital. So it can be obvious that you need to consider debt, when you think about how risky a given stock is, because too […]
LAS VEGAS and VANCOUVER, BC, September 17, 2021 / PRNewswire / – Body and Mind Inc. (CSE: BAMM) (OTCQB: BMMJ) (on “Society” Where “BaM”), a multi-state operator focused on limited license markets, is pleased to announce the completion of the acquisition of the remaining 70% stake in NMG Ohio LLC (“NMG OhioThe transaction included the […]
David Iben put it well when he said: “Volatility is not a risk we care about. What matters to us is to avoid the permanent loss of capital. ‘ When we think about how risky a business is, we always like to look at its use of debt because debt overload can lead to bankruptcy. […]