July 2023 - cypherpunks - lists.cpunks.org

Israeli Beauty Company Prices Upsized $424M IPO
by Gunnar Larson 20 Jul '23

20 Jul '23

Israeli Beauty Company Prices Upsized $424M IPO By Jade Martinez-Pogue Israeli beauty and wellness products company Oddity Tech Ltd. on Wednesday announced that it priced its upsized initial public offering after raising $424 million, which is significantly more than the expected $347 million that was announced Monday. Read full article » | Save to favorites » https://www.law360.com/capitalmarkets/articles/1701394?nl_pk=8da16ff7-f140-…

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Bain Capital Closes $1.15B Inaugural Insurance Fund
by Gunnar Larson 20 Jul '23

20 Jul '23

Bain Capital Closes $1.15B Inaugural Insurance Fund By Al Barbarino The insurance investing business of Bain Capital said Wednesday it held the final close of its inaugural private equity fund, Bain Capital Insurance Fund LP, at $1.15 billion, well above its initial target of $750 million, with guidance from Debevoise & Plimpton LLP. Read full article » | Save to favorites » https://www.law360.com/insurance/articles/1701719?nl_pk=710b6860-f64b-4b2d-…

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Insurer Can't Duck Bad Faith Claim In Construction Flaw Row
by Gunnar Larson 20 Jul '23

20 Jul '23

Insurer Can't Duck Bad Faith Claim In Construction Flaw Row By Alexa Scherzinger A contractor's claim that its insurer acted in bad faith when denying $10.5 million in rectification coverage for concrete construction flaws can remain, a Maryland federal judge ruled, finding the insurer's delay in processing the claim was a sufficient basis for a bad faith allegation. Order attached | Read full article » | Save to favorites » https://www.law360.com/insurance/articles/1701119?nl_pk=710b6860-f64b-4b2d-…

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New DC Suit Aims To Make Hunter Biden Register Under FARA
by Gunnar Larson 20 Jul '23

20 Jul '23

New DC Suit Aims To Make Hunter Biden Register Under FARA By Katie Buehler A right-wing legal organization has slapped the U.S. Department of Justice with claims that it failed to require President Joe Biden's son, Hunter Biden, to register under the Foreign Agents Registration Act, despite allegedly knowing for years that he worked on behalf of Ukrainian and Chinese companies. Complaint attached | Read full article » | Save to favorites » https://www.law360.com/banking/articles/1701364?nl_pk=99a2a594-20ad-4b2f-a2…

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3rd Circ. Takes Up Trustee Appeal Over FTX Ch. 11 Examiner
by Gunnar Larson 20 Jul '23

20 Jul '23

3rd Circ. Takes Up Trustee Appeal Over FTX Ch. 11 Examiner By Vince Sullivan The Third Circuit on Wednesday accepted a direct appeal in the case of cryptocurrency exchange FTX Trading Ltd., saying the Office of the United States Trustee could bring its case to the circuit court over a Delaware bankruptcy judge's denial of appointment of a Chapter 11 examiner. Order attached | Read full article » | Save to favorites » https://www.law360.com/banking/articles/1701700?nl_pk=99a2a594-20ad-4b2f-a2…

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Sterling Bancorp Sentenced To Pay $27M For Securities Fraud
by Gunnar Larson 20 Jul '23

20 Jul '23

Sterling Bancorp Sentenced To Pay $27M For Securities Fraud By Danielle Ferguson Michigan-based Sterling Bancorp Inc. was sentenced by a federal judge Wednesday to pay more than $27 million in restitution for fraudulently handing out loans and for filing false securities statements that boosted its reported revenue ahead of its 2017 initial public offering. Read full article » | Save to favorites » https://www.law360.com/banking/articles/1701357?nl_pk=99a2a594-20ad-4b2f-a2…

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CFPB's Chopra Keeps Focus On Junk Fees Even As They Fall
by Gunnar Larson 20 Jul '23

20 Jul '23

CFPB's Chopra Keeps Focus On Junk Fees Even As They Fall By Jon Hill More than 18 months into his campaign to wean the banking industry off so-called junk fees, Consumer Financial Protection Bureau Director Rohit Chopra says he sees "promising" signs that banks have been listening and reining in their fee practices. But that doesn't mean he's ready to back off. Read full article » | Save to favorites » https://www.law360.com/banking/articles/1701094?nl_pk=99a2a594-20ad-4b2f-a2…

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NYT Says LIV, PGA Tour Merger Belies Effort To Seal Docs
by Gunnar Larson 20 Jul '23

20 Jul '23

NYT Says LIV, PGA Tour Merger Belies Effort To Seal Docs By Elaine Briseño The merger of Saudi-backed LIV and PGA Tour undermines the claim that unsealing documents in their legal fight will harm competition, The New York Times told a California federal judge as it argued the redacted material was "central to how the case would unfold." Brief attached | Read full article » | Save to favorites » https://www.law360.com/competition/articles/1701384?nl_pk=2063be2d-1a29-43b…

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Diddy Says Diageo Can't Arbitrate Tequila Racism Dispute
by Gunnar Larson 20 Jul '23

20 Jul '23

Diddy Says Diageo Can't Arbitrate Tequila Racism Dispute By Elliot Weld Rapper and entrepreneur Sean "Diddy" Combs argued Wednesday that British spirits conglomerate Diageo can't arbitrate his claim that racism infected the marketing of his DeLeon tequila brand, telling a New York state court that the agreement contains a carveout for injunctive relief claims. Brief attached | Read full article » | Save to favorites » https://www.law360.com/newyork/articles/1701363?nl_pk=00e0f28d-575b-4889-8d…

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Ex-50 Cent Liquor Worker Says New Ruling Backs Ch. 7 Case
by Gunnar Larson 20 Jul '23

20 Jul '23

Ex-50 Cent Liquor Worker Says New Ruling Backs Ch. 7 Case By Aaron Keller A former employee at rapper Curtis "50 Cent" Jackson's liquor company has pushed back against claims that an arbitration decision proved he embezzled funds, saying he wants to "set the record straight" in his Connecticut Chapter 7 case while citing a new state supreme court decision to protect his home from creditors. 3 documents attached | Read full article » | Save to favorites » https://www.law360.com/newyork/articles/1701411?nl_pk=00e0f28d-575b-4889-8d…

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