“Suddenly, shareholders are wondering if it would be fair to see the bosses bask in paradise, when they are heading for hell”

The boss of the American bank JP Morgan, Jamie Dimon, on June 29, 2021, in Paris. MICHEL EULER / AFP CIt’s always good to know you’re loved. Especially when this love is very expensive. To justify the extraordinary bonus of 52 million dollars (49.4 million euros), in addition to his salary of more than 30 … Read more

Elon Musk Tells Shareholders He Wants To Build Tesla Factories On Mars In The Next 40 Years

Jeff Bezos in front of Blue Origin’s space capsule Dubbed the ‘NewSpace’ set, Jeff Bezos, Sir Richard Branson and Elon Musk all say they were inspired by the first moon landing in 1969, when the US beat the Soviet Union in the space race, and there is no doubt how much it would mean to … Read more

Shareholders Approve Rocket Lab SPAC Merger

A Rocket Lab Electron rocket on the pad at Launch Complex 1 ahead of “I Can’t Believe It’s Not Optical” mission. Photo: Rocket Lab Rocket Lab’s special purpose acquisition company (SPAC) merger is set to close, making Rocket Lab a publicly traded company. Shareholders of Vector Acquisition Corporation approved the SPAC merger with Rocket Lab … Read more

Vector Acquisition Corporation shareholders approve Rocket Lab SPAC merger

Rocket Lab will receive approximately $777m, before transaction expenses, from the SPAC and a current private investment in public equity (PIPE) round. Shareholders of a special-purpose acquisition company (SPAC) has voted to merge with Rocket Lab, giving the small launch vehicle and spacecraft developer an infusion of cash. Vector Acquisition Corporation, a publicly traded special purpose … Read more

Ligue 1: bankruptcy, unrealistic objective, tired shareholders … French football is running into disaster according to the DNCG! – Soccer

The president of the DNCG Jean-Marc Mickeler delivered a very alarmist assessment concerning the financial situation of French clubs. And demands strong measures quickly to prevent French football from going straight into the wall. The financial situation of French football is worrying There was € 500m in debt at the end of the 2018-2019 season. … Read more

Not even CMVM knows who the current shareholders of Benfica SAD are

José Sena Goulão / Lusa The president of Benfica, Luís Filipe Vieira The Securities Market Commission announces that it is investigating who the current shareholders of Benfica SAD are. And the supervisory body warns that “there are strong indications” that José António dos Santos, known as the “King of the Chickens”, holds more than 20% … Read more

SpaceX’s Starlink Business Might Go Public. Tesla Shareholders Could Benefit.

Text size The SpaceX Falcon Heavy launches in Florida. Jim Watson/AFP via Getty Images The commercial space industry is growing, giving investors new options to invest, but the white whale of space, SpaceX, remains private. Elon Musk, CEO of both Tesla and SpaceX, took to Twitter Wednesday evening to explain when that might change. Musk … Read more

Space travel – a tax deduction for Cirque de Soleil? – Corporate/Commercial Law

Australia: Space travel – a tax deduction for Cirque de Soleil? To print this article, all you need is to be registered or login on Mondaq.com. A recent case from Canada1 has highlighted the importance of always having in mind the primary purpose of the company or not-for-profit organisation when making decisions on its behalf. … Read more

Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders

NEW YORK, NY / ACCESSWIRE / July 9, 2021 / Levi & Korsinsky, LLP announces that class action lawsuits have commenced on behalf of shareholders of the following publicly-traded companies. Shareholders interested in serving as lead plaintiff have until the deadlines listed to petition the court. Further details about the cases can be found at … Read more

the shareholders terminate Arnaud Lagardère’s sponsorship

The building housing Europe 1, “Paris Match” and RFM in Paris, June 30, 2021. ALAIN JOCARD / AFP It is the end of Arnaud Lagardère’s absolute power over his family group. Wednesday June 30, the general meeting of shareholders of Lagardère, parent company in particular of the Hachette group, of Paris Match and Europe 1, … Read more