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While law firms sometimes negotiate fixed fees on transactions, market participants said such deals would be unlikely on transactions that faced the amount of legal uncertainty of Rogers-Shaw. The Rogers-Shaw deal is expected to be the tenth-largest deal in Canadian history since 1995, according to data from Dealogic. Law firms Lax O’Sullivan Lisus Gottlieb represented Rogers, while Davies Ward Phillips & Vineberg and Wachtell are lawyers for Shaw. None of the law firms responded to Reuters queries on the legal fee. Rogers and Shaw on Friday extended the closing deadline for the fourth time to March 31.

"It's judge shopping on steroids," said Sarah Lipton-Lubet, executive director of the progressive legal advocacy group Take Back the Court. The Biden administration has called the lawsuit "unprecedented" and urged Kacsmaryk to not deprive women of a long-approved safe and effective drug. At least eight have led to rulings blocking Biden policies, with several more pending. The chief judges of Texas federal courts have the authority to reallocate cases to other judges, but have largely not done so, he said. Absent a change, litigants have every right to take advantage of that structure to seek a favorable judge, he said.

☆ Progressives blast Supreme Court over secret payments of at least $1 million to the ex-Bush official who reviewed the leak investigation
▼ + stars: | 2023-01-27 | by ( Oma Seddiq | ) www.businessinsider.com time to read: +3 min

The Supreme Court failed to disclose its past relationship with Michael Chertoff, CNN reported. Chertoff, a security consultant, recently reviewed the court's internal leak investigation. The firm also assessed COVID-19 practices at the court, CNN reported. The hidden payments come as progressive groups, congressional lawmakers, court observers, and ethics advocates demand greater financial transparency at the Supreme Court, which is not required by law to disclose its contracts. A spokesperson for Chertoff declined to comment and referred Insider to the Supreme Court's public information office for questions.

Jan 13 (Reuters) - NI Corp (NATI.O), a provider of testing and measuring equipment, said on Friday it was exploring strategic options after acquisition interest from companies that people familiar with the matter said include Emerson Electric Co (EMR.N). The acquisition interest from potential suitors, according to the sources, forced NI to adopt a so-called poison pill, which would be triggered if a person or a group's ownership of the firm reaches 10%. The sources, who requested anonymity as the discussions are confidential, cautioned that the talks with suitors including Emerson are subject to market conditions, and a deal is not guaranteed. Texas-based NI, formerly known as National Instruments, specializes in making automated testing and measurement tools to aid in research and validation of new technologies. In October, Emerson sold a majority stake in its climate technologies unit to Blackstone Inc (BX.N) in a deal that valued the business at $14 billion.

An attorney for Musk, as well as Tesla and several directors who are also defendants, declined to comment. Musk surrendered the Tesla chairman position and agreed to let a company lawyer vet some of his tweets. He won a bench trial in Delaware's Court of Chancery last year over claims by Tesla shareholders that he allegedly coerced the Tesla board into buying SolarCity, a rooftop solar panel maker. Tesla shareholders had sought billions in damages and they have appealed. Around half are dismissed for failing to comply with securities law and most of the rest are settled.

☆ Corporate America is bracing for a rise in activist investing. Meet the 13 lawyers on speed-dial when companies and investors fight for boardroom control.
▼ + stars: | 2022-11-23 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +11 min

Law firms including Olshan Frome Wolosky LLP and Schulte Roth & Zabel are go-tos for activist investors looking to change how companies do business. Kai Liekefett, who co-chairs Sidley's shareholder activism practice, last year successfully defended cloud company Box Inc. in a proxy fight by Starboard. Liekefett has also defended clients against major activist investors including Carl Icahn and Trian Partners. He has advised clients against major activist investors including Trian, Carl Icahn, Starboard Value and the billionaire Paul Singer. Lawrence Elbaum and Patrick Gadson, Vinson & ElkinsPatrick Gadson (L) and Lawrence Elbaum (R), co-heads of Vinson & Elkins' shareholder activism group.

☆ Elon Musk says CEOs should tweet more, but his tweets have been a double-edged sword
▼ + stars: | 2022-11-14 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Elon Musk told CEOs on Wednesday to tweet more as it has "worked quite well" for him. But, experts say posting on social media can cause major issues for executives and their brands. Ultimately, legal experts say posting on social media is too risky for most CEOs. Executives' comments on social media could also fail to translate to younger generations with different values and worldviews, said Anat Alon-Beck, a business law professor at Case Western Reserve University. So while Musk may have built up a huge following with his off-the-cusp tweets and jokes, for most CEOs, the risks of tweeting are likely too great.

WASHINGTON — The conservative-majority Supreme Court left its imprint on the 2022 elections, galvanizing Democrats with decisions on guns and abortion and potentially aiding Republicans with election rulings. For decades, it was the Republican Party that benefited from conservative anger over the Supreme Court's original ruling in Roe v. Wade. Using the new map, Republicans won five of the six districts Tuesday. Under the newly drawn map, Republicans won 20 of 28 seats. The Supreme Court's 2019 ruling said partisan gerrymandering claims could not be adjudicated by federal courts.

[1/2] SpaceX Chief Engineer Elon Musk gestures during a joint news conference with T-Mobile CEO Mike Sievert at the SpaceX Starbase, in Brownsville, Texas, U.S., August 25, 2022. REUTERS/Adrees LatifCompanies Twitter Inc FollowTesla Inc FollowWILMINGTON, Del., Nov 7 (Reuters) - As Elon Musk is engulfed in his overhaul of Twitter, the entrepreneur is headed to trial to defend his record $56 billion Tesla Inc pay package against claims it unjustly enriches him without requiring his full-time presence at the carmaker. The disputed pay package allows Musk to buy 1% of Tesla's stock at a deep discount each time escalating performance and financial targets are met; otherwise Musk gets nothing. Does Elon Musk work for the board or does the board work for Elon Musk," said Minor Myers, a professor at UConn School of Law. Myers said if the pay package is rescinded, the board could simply create a new one and do so with McCormick's ruling to guide them.

☆ The clock is ticking for Elon Musk to buy Twitter — and he's running out of time
▼ + stars: | 2022-10-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

ET to close his deal with Twitter or a trial date will be set. If Musk becomes Twitter's new owner, Twitter will undergo a chapter of major change and likely layoffs. When Musk initially filed to end the court case and buy the company at the original price, Twitter appeared wary of the billionaire's intentions. The company has said it will not close the deal until Musk can prove he has funding in place. Last week, The Washington Post reported that Musk planned to cut about 75% of the company's staff.

☆ Recession or not, investments in this sector have shown resilience in tough times
▼ + stars: | 2022-10-18 | by ( Michelle Fox | ) www.cnbc.com time to read: +13 min

Boston Beer has an average analyst rating of hold and 8% downside to the average price target, according to FactSet. "In a recession, beer tends to gain about one percentage point of share from spirits. How to play the space With that mindset, you shouldn't alter your long-term investments because of a potential recession, Sarwat said. Its average price target is buy. Duckhorn also has an average rating of buy, with 30% upside to the average price target.

☆ The fate of Elon Musk’s deal to buy Twitter now comes down to the money
▼ + stars: | 2022-10-07 | by ( Clare Duffy | ) edition.cnn.com time to read: +5 min

What everyone is now waiting on: Musk needs to actually have the money to hand over. Much of the sticking point between Musk and Twitter (TWTR) now appears to be over uncertainty around the status of those financing arrangements. Many legal experts think Musk really is planning to close the deal this time, the most certain anyone has sounded since he first said the deal was “on hold” in May and moved to terminate the agreement in July. Musk is likely trying to help Morgan Stanley market the debt to other investors before telling them to hand him the money to close the deal, according to Lipton. According to the merger agreement, Musk could in theory walk away from the deal with a $1 billion breakup payment to Twitter if his debt financing were to fall through.

Elon Musk could be facing up to $100 million in personal legal fees after renewing his offer to buy Twitter. Both Twitter and Musk employed over 50 lawyers in the months leading up to the trial. A lot of the cost, of course, is going straight to the lawyers and major firms Musk and Twitter employed. He added that hourly billing is unlikely to be how Musk and Twitter were solely charged in this case. Are you legal professional involved in Musk vs. Twitter or someone with insight to share?

☆ Elon Musk's trove of private text messages is a bad look for him — and another win for Twitter, experts say
▼ + stars: | 2022-09-30 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Hundreds of Elon Musk's texts could work against him in his court battle with Twitter, experts say. The messages appear to show Musk was aware of issues with bots ahead of offering to buy the company. The hundreds of texts between Musk and some of Silicon Valley's most powerful players offer fresh insight into Musk's plans for Twitter. But Musk's private texts appear to tell a story that is "in tension with his lead argument," Schettenhelm told Insider. "Purging fake users will make the numbers look terrible, so restructuring should be done as a private company," he texted Taylor, according to the cache of documents released Thursday.

☆ How this 31-year-old turned his side hustle into a $300,000 vending machine business: 'I only work 4 hours a week'
▼ + stars: | 2022-09-29 | by ( Marcus Gram | ) www.cnbc.com time to read: +5 min

Today, at 31, I have a thriving vending machine business that brings in more than $300,000 a year in sales. But one day, a new side hustle idea sparked when my friend saw a woman taking cash out of a vending machine. But I kept at it, and now I have 21 vending machines throughout Baltimore, Philadelphia, Detroit, and Washington, D.C. Look to see if there are vending machine warehouses in your city, and on platforms like Craigslist, Facebook Marketplace and eBay. There are also local vending machine warehouses that sell food and beverage products, like Pinnacle Vending in Philadelphia.

Elon Musk's Twitter profile is seen on a smartphone placed on printed Twitter logos in this picture illustration taken April 28, 2022. "I'll guess we'll just cancel this deposition," Baron responded. Twitter declined to comment and Musk's legal team did not immediately respond to a request for comment. The Twitter deposition atmosphere could be especially fraught. Tripp's attorney reminded Musk that the judge warned he would oversee the deposition in person if questions weren't answered properly.

☆ The whistleblower hearing was more of a win for Twitter than Elon Musk in their $44 billion court battle, some experts say
▼ + stars: | 2022-09-15 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Experts told Insider the Twitter whistleblower's hearing did little to aid Elon Musk's legal case. Musk's legal team has amended its countersuit against Twitter to include Zatko's claims. Another avenue for Musk's team could be if the FTC imposes a fine or revisits its 2011 settlement with Twitter. But, Zatko appeared to have no firsthand knowledge of FTC compliance issues in his testimony, experts said. Zatko has been subpoenaed for the $44 billion court battle between Musk and Twitter.

☆ Twitter says an Elon Musk ally is trying to 'flip Twitter the bird' and dodge legal requests over his involvement in the $44 billion deal
▼ + stars: | 2022-08-30 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Twitter is arguing that Sacks and his companies could have key details on Elon Musk's decision to back out of his purchase. Twitter said the motion to quash the subpoenas "serves no apparent purpose beyond satisfying Sacks' desire to flip Twitter the bird." 'Off-the-cuff'In the podcast Twitter references, Sacks appears to mock the social media company's legal team. Twitter's initial subpoena referenced several of Sack's tweets, including one in which he provides a checklist for the next CEO of Twitter. Most recently, Musk's legal team is attempting to amend its initial counterclaims against Twitter's lawsuit.

☆ Directorul unei mari companii nu crede că angajatii vor reveni full-time la birou după pandemie: „Pare un aspect învechit”
▼ + stars: | 2021-01-17 | by ( ) www.jurnal.md time to read: +1 min

Directorul unei mari companii nu crede că angajatii vor reveni full-time la birou după pandemie: „Pare un aspect învechit”Şeful gigantului anglo-olandez Unilever, Alan Jope, a declarat că angajaţii companiei nu vor mai lucra niciodată cinci zile pe săptămână în cadrul birourilor, afirmând că pandemia de COVID-19 va transforma radical modul în care muncim. „Nu cred că ne vom întoarce vreodată la modelul de cinci zile de muncă de birou pe săptămână. Pare un aspect deja învechit”, spune Alan Jope. Unilever anunţa, la sfârşitul anului trecut, că toţi angajaţii din Noua Zeelandă vor lucra patru zile pe săptămână pentru o perioadă de 12 luni. Unilever, a treia cea mai valoroasă companie din cadrul Bursei din Londra, fiind producătorului unor branduri precum Dove, Lipton, Persil şi Knorr, are aproximativ 150.000 la nivel global.

Persons: olandez, Alan Jope, îşi, Lipton Organizations: olandez Unilever, Unilever Locations: Europa de Vest, America de Nord, Noua Zeelandă, Londra, Dove

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