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Insider Trading in Connected Firms during Trading Bans

Harvard Corporate Governance

For instance, in 2016, two investment bankers were convicted of insider trading in the UK and sentenced to 3.5 For example, in the UK, there are trading bans so-called close periods in place during the 30 days before an earnings announcement. Insiders violating insider trading regulations can face severe consequences.

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Understanding Valuation under IBC: A Comprehensive Guide

RNC

Under the Insolvency and Bankruptcy Code (IBC), 2016, valuation involves estimating both fair and liquidation values of a debtor’s assets to guide decision-making in the insolvency resolution process. Have you ever wondered what valuation under IBC really means or why it’s so important during insolvency proceedings? You’re not alone.

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Why Activist Investors Are Rooting for Donald Trump

Reynolds Holding

4] Activist funds also benefited, like many other investors, from the low interest rates of 2016 through 2020. The Obama administration’s SEC proposed rules providing for such a card in October 2016. See “The Gordon Gekko era: Donald Trump’s lucrative and controversial time as an activist investor,” CNN, August 23, 2016, [link].

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Mint House Acquires Locale Strengthening Leadership in Residential Hospitality

Benzinga

Locale, founded in 2016, has built a strong reputation for offering thoughtfully designed accommodations that bridge the gap between hospitality and residential living. This combination will leverage the strengths of both companies to drive greater scale, efficiency, and an enhanced offering for all guests.

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Delaware Supreme Court Reaffirms Protection of Arm’s-Length Bargaining

Harvard Corporate Governance

Background In 2016, Columbia Pipeline Group, Inc. In doing so, the court built upon another recent decision and reaffirmed its commitment to protecting arm’s-length bargaining by requiring “actual knowledge” of wrongful conduct and substantial active assistance of such conduct to prove liability against an independent third-party buyer.

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Scotiabank Pullback Signals Global Banking Shift Away From Latin America

Global Finance

It continued its push into the region in 2016, purchasing Citibanks retail operations in Costa Rica and Panama for $360 million. In 2012, Scotiabank made a bold play for Colombias growing financial sector, acquiring a majority stake in Banco Colpatria for $1 billion.

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Kuwait: Balancing Revenue Growth With Stability

Global Finance

Following the privatization of Boursa Kuwait, which operates the KSE, in 2016, the stock exchange was upgraded to emerging market by global index providers MSCI, FTS Russell, and S&P.

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