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Chancery Presses Pause On $450M Bolt Financial Financing

Law 360

Affiliates of multinational investors Hedosophia and Blackrock won a Delaware Court of Chancery pause of a purported Bolt Financial Inc. 450 million equity financing that would eliminate and replace all the company's preferred stock while returning founder Ryan Breslow to his CEO seat.

Finance 52
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Top Lawyers: Stacey A. Giulianti of the Florida Peninsula Insurance Company On The 5 Things You Need To Become A Top Lawyer In Your Specific Field of Law

The Estrin Report

is the Chief Legal Officer at Florida Peninsula Insurance Company, where he oversees the Claims, Special Investigations, and Legal Departments. He founded the company with his partners in 2005 and has since helped it grow to become the 7th largest homeowners insurance company in Florida. Giulianti, Esq. Giulianti, Esq.

Lawyers 246
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Bolt Financial Cancels $37M In Shares To End CEO Loan Suit

Law 360

Bolt Financial Inc. will cancel over $37 million in shares to settle a derivative suit against the company's board of directors that accuses its former CEO of purposely defaulting on a $30 million loan, according to a filing in Delaware's Court of Chancery.

Court 52
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December 2020 Updates to the Climate Case Charts

ClimateChange-ClimateLaw

Ergon-West Virginia, Inc. Judicial Watch, Inc. The Washington Court of Appeals affirmed a guilty verdict against a climate activist who cut a chain to enter a pipeline facility and attempted to cut a bolt that secured a shutoff valve on the pipeline, which carried tar sands oil from Canada. Renewable Fuel Companies Asked D.C.

Court 59
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Retail Woes: A Running List of Fashion & Retail Bankruptcies

The Fashion Law

They were swiftly followed by a handful of additional filings by other retailers, signaling that there is no end in sight to the constant string of fashion and other retail companies struggling financially and looking to bankruptcies courts for protection from their creditors. ” February 2021 – Belk Inc. .”

Finance 125
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Customs and Weekly Trade Snapshot

Customs & International Trade Law

50 caliber bolt; three (3) FA Cugir Romanian AK47; Seven (7) Century Arms VSKA AK47; one (1) Century Arms WASR AK47; and eighty-five (85) assorted magazines, all in violation of 18 U.S.C. also referred to as Hyundai Steel Company (Hyundai Steel) and POSCO) received de minimis net countervailable subsidies during the POR.

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