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2 days ago | 
detroitnews.com | Jef Feeley
BUSINESSJef FeeleyBloombergView Comments Mattel Inc. and its Fisher-Price unit have settled lawsuits alleging their recalled Rock ‘n Play baby sleeper was so defectively designed that it led to the deaths of infants.
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2 days ago | 
bloomberg.com | Jef Feeley
Mattel headquarters in El Segundo, California. (Bloomberg) -- Mattel Inc. and its Fisher-Price unit have settled lawsuits alleging their recalled Rock ‘n Play baby sleeper was so defectively designed that it led to the deaths of infants.
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1 week ago | 
bloomberg.com | Jef Feeley |Nicolle Yapur
Fuel prices at a Citgo gas station. Photographer: Emily Elconin/Bloomberg(Bloomberg) -- Investment fund TPG Angelo Gordon is among the new bidders for Citgo Petroleum Corp.’s parent company as part of a court-supervised auction designed to compensate creditors of Venezuela whose assets were seized, according to people familiar with the matter.
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3 weeks ago | 
bloomberg.com | Jef Feeley |Sabrina Willmer
The Truth Social logo on a laptop arranged in New York, US, on Friday, March 22, 2024. Shareholders of Digital World Acquisition Corp., a publicly traded shell company, approved a deal to merge with the Trump's media business in a Friday vote. That means Trump Media & Technology Group, whose flagship product is social networking site Truth Social, will soon begin trading on the Nasdaq stock market, reported the AP.
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1 month ago | 
bloomberg.com | Sabrina Willmer |Jef Feeley
The brief is a response after Tesla, Musk and a group of shareholders appealed the December decision by Chancellor Kathaleen St. J. McCormick rejecting the chief executive’s award for the second time. (Bloomberg) -- A Tesla Inc. shareholder urged Delaware’s highest court to uphold a decision that struck down Elon Musk’s record-setting pay package, as the world’s richest person fights to recover it on appeal.
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1 month ago | 
news.bloomberglaw.com | Sabrina Willmer |Jef Feeley
Red Tree Investments LLC was approved as the opening bidder for Citgo Petroleum Corp.’s parent company, jump-starting a new effort to attract higher offers that will help compensate creditors of Venezuela whose assets were seized. Judge Leonard Stark in Delaware on Monday signed off on a recommendation by a court-appointed adviser that puts the starting offer at about $3.7 billion.
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1 month ago | 
claimsjournal.com | Jef Feeley |Sabrina Willmer
Some Delaware Supreme Court justices signaled they may be skeptical of a bid by GSK Plc, Pfizer Inc. and other drugmakers to overturn a judge who allowed more than 80,000 lawsuits to proceed to trial over claims that the heartburn drug Zantac is linked to cancer.
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1 month ago | 
detroitnews.com | Jef Feeley |Sabrina Willmer
Some Delaware Supreme Court justices signaled they may be skeptical of a bid by GSK Plc, Pfizer Inc. and other drugmakers to overturn a judge who allowed more than 80,000 lawsuits to proceed to trial over claims that the heartburn drug Zantac is linked to cancer.
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1 month ago | 
eu.detroitnews.com | Jef Feeley |Sabrina Willmer
Some Delaware Supreme Court justices signaled they may be skeptical of a bid by GSK Plc, Pfizer Inc. and other drugmakers to overturn a judge who allowed more than 80,000 lawsuits to proceed to trial over claims that the heartburn drug Zantac is linked to cancer.
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1 month ago | 
bloomberg.com | Jef Feeley |Sabrina Willmer
Zantac hit the US market as a prescription drug in 1983 before transforming into an over-the-counter heartburn treatment in 1995. (Bloomberg) -- Some Delaware Supreme Court justices signaled they may be skeptical of a bid by GSK Plc, Pfizer Inc. and other drugmakers to overturn a judge who allowed more than 80,000 lawsuits to proceed to trial over claims that the heartburn drug Zantac is linked to cancer.
