Your Daily Dose of Financial News

Robins Kaplan LLP
Contact

Looks like Ford isn’t alone when it comes to job cuts. A sales slump is hurting all US automakers, despite big promises about new American employment – WSJ

An EU high court opinion yesterday about a trade deal with Singapore could throw yet another stumbling block in the way of Britain’s exit of the union. Read on for more on the intricacies of the EU division of competencies – NYTimes

Succession is proving easier said than done for Bob Iger and Disney, and the cautionary tale of the post-Eisner aftermath isn’t exactly speeding things along – WSJ

Meanwhile, at ValueAct Capital, the hand-off is looking like awfully smooth sailing (a good thing, given the activist firm’s emphasis on corporate governance) – NYTimes

Speaking of activists, the Journal suggests that many are done with pushing for board seats and buybacks and are increasingly calling for changes at the top right away. CEOs beware – WSJ

A NY appellate court has found that Ambac must prove all elements of RMBS fraud (including loss causation) in an action against Countrywide for allegedly fraudulently inducing it to insure certain securities – Law360

We know this isn’t your mother’s SEC anymore, but even so, a quadruple-levered ETF?  Yeah, that’s going to need a little closer look – WSJ

Turns out that the Danes are obsessed with more than hygge.  What really gets them going—and this is true—is mortgage refinancing.  It’s a finance story too crazy to be made up, and even better, a hedge fund’s found a way to make it work to its significant advantage – Bloomberg

Carell as Riggs.  Yep.  Looking forward to that – FoxSearchlight

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations. Attorney Advertising.

© Robins Kaplan LLP

Written by:

Robins Kaplan LLP
Contact
more
less

PUBLISH YOUR CONTENT ON JD SUPRA NOW

  • Increased visibility
  • Actionable analytics
  • Ongoing guidance

Robins Kaplan LLP on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide