Tag

Bond

All articles tagged with #bond

legalbusiness23 days ago•18 min saved

DOJ Backs Paramount in Bond Fight Over WB Discovery Merger

The U.S. Department of Justice has sided with Paramount in the $1.88 billion bond dispute tied to Paramount’s merger with Warner Bros. Discovery, arguing the bond amount must be sized to compensate defendants for injunction-related damages. The bond fight also hinges on a hefty ticking-fee and ongoing financial pressure, with California and New York AGs challenging the bond while settlement talks are planned for late October and a March 2027 trial date looms. The dispute unfolds amid broader antitrust enforcement questions and potential federal involvement in the merger review.

via Deadline|

#antitrust #bond #doj

business24 days ago•16 min saved

DOJ urges states to post $1.88B bond in Paramount-Warner merger dispute

The Justice Department asks a federal judge to require California-led states challenging the Paramount–Warner Bros. Discovery merger to post a $1.88 billion bond to cover potential damages if the injunction delays or blocks the deal. DOJ argues state challenges are subject to bond requirements and should reflect damages, while Paramount pushes for the bond to cover delays. The agency also says the merger is unlikely to undermine competition after reviewing millions of documents, and a March trial is scheduled as the pause persists, with significant investor implications if closing is delayed.

via The Hollywood Reporter|

#antitrust #bond #business

entertainment26 days ago•21 min saved

Kroy Biermann faces $64K gambling debt as son KJ gets $200K bond in sexual battery case

Former NFL star Kroy Biermann was ordered to pay a $64,000 gambling debt tied to a Bahamas trip after defaulting on the loan, while his son KJ Biermann was granted a $200,000 bond in a sexual battery and aggravated sodomy case, with conditions including staying at his mother's home, virtual schooling, electronic monitoring, and no contact with the alleged victim or anyone under 16; prosecutors alleged KJ had videos of sexual activity with a relative, though his attorney disputes the details.

via Page Six|

#bond #entertainment #gambling-debt

national28 days ago•10 min saved

Paramount seeks $1.88B bond as states challenge merger with Warner Bros. Discovery

Paramount has asked a court to require a $1.88 billion bond from a coalition of state attorneys general and the Writers Guild of America to cover potential losses if a court blocks Paramount's Skydance–Warner Bros. Discovery merger; California Attorney General Rob Bonta leads the anti-merger lawsuit, arguing antitrust concerns and reduced competition, while Paramount contends the DOJ cleared the deal and the bond would offset delay costs if an injunction is unwarranted. The lawsuits remain the last barrier to closing, with mixed political reactions and no immediate comment from Paramount.

via The Center Square|

#antitrust #attorneys-general #bond

business1 month ago•19 min saved

Paramount Seeks $1.88B Bond as WB Merger Delays Trigger Financial Fallout

Paramount urged 12 state attorneys general and the WGA to post a $1.88 billion bond to cover potential losses if its Warner Bros. merger does not close before next spring. The states argue Paramount is trying to offload financial accountability for ticking fees, while Paramount says the bond is required under Clayton Act rules. A Sept. 24 hearing is set in the bond matter, and trial is scheduled to begin March 2, 2027, with the merger paused during litigation.

via Variety|

#antitrust #bond #business

crime1 month ago•8 min saved

Bond boosted to $10M for Barry Morphew after breach of conditions

An Alamosa judge raised Barry Morphew’s bond from $3 million to $10 million cash after he breached bond conditions by a Denver hit-and-run; if released, he would be confined at home in the San Luis Valley on a GPS monitor. Morphew, indicted for first-degree murder in his wife Suzanne Morphew's 2020 disappearance, faced renewed scrutiny as prosecutors argued the breach showed noncompliance, while the defense contended the case is not a danger to the community. The monitoring firm RMS was criticized for lax oversight that allowed the breach.

via The Colorado Sun|

#barry-morphew #bond #crime

entertainment1 month ago•12 min saved

Bond 26: Knight hints the lead has been cast, with Jack Lowden in the running

Steven Knight says the next James Bond has been cast and he wrote the film with the chosen actor in mind; Jack Lowden is the frontrunner, with Jacob Elordi among other contenders. Denis Villeneuve will direct, and filming isn’t expected to begin until after Dune: Part 3, with producers Amy Pascal and David Heyman overseeing the decision.

via The Independent|

#bond #entertainment #jack-lowden

entertainment1 month ago•22 min saved

KJ Biermann's release could hinge on GPS monitoring and strict conditions

KJ Biermann, Kim Zolciak’s 15‑year‑old son, is indicted on seven charges including aggravated child molestation, aggravated sodomy, aggravated sexual battery and false imprisonment stemming from an Alpharetta incident. He remains jailed at Atlanta’s Metro Regional Youth Detention Center. If bond is granted, experts say his release would come with strict conditions such as GPS monitoring, house arrest, educational classes (or schooling at home) and therapy, and prosecutors could seek to try him as an adult. His court date is Sept. 8, and the charges are described as extremely serious with potential decades in prison if convicted.

via Page Six|

#aggravated-sexual-battery #bond #entertainment

crime1 month ago•24 min saved

Colorado man jailed in hit-and-run tied to wife’s 2020 death

Colorado man Barry Morphew, free on a $3 million bond in his wife Suzanne Morphew’s 2020 disappearance and murder, was jailed after a two-vehicle hit-and-run in Denver, with prosecutors saying his travel to Denver International Airport violated bond conditions; Morphew has pleaded not guilty and faces a trial next summer for his wife’s death, a case tied to remains found in 2023 and investigators citing tranquilizer traces in bone marrow.

via New York Post|

#barry-morphew #bond #colorado

business1 month ago•20 min saved

Paramount Faces $1.88B Bond Demand in WBD Antitrust Trial

Paramount asks a federal court to require a $1.88 billion bond to cover what it says would be the extraordinary losses and litigation costs in the Warner Bros Discovery merger antitrust trial; California and New York AGs along with 10 blue-state AGs and the Writers Guild of America oppose the bid, arguing the court should deny it (or impose only a nominal bond). A September 24 hearing is set on the motion.

via Deadline|

#antitrust #bond #business

entertainment1 month ago•8 min saved

Saoirse Ronan envisions a dark, female Bond villain

Saoirse Ronan says she wants to play a dark, female Bond villain, offering a fresh dynamic for the franchise, while the rest of the digest covers the Ali G: Who Iz I? trailer, Mike Schur’s critique of the Paramount–Warner merger, and Spider-Man: Brand New Day’s continued box-office dominance.

via A.V. Club|

#bond #entertainment #female-villain

business1 month ago•22 min saved

Paramount-WBD Merger Bond Nears Fee Start Amid Job-Loss Fears

In Oakland, Paramount’s $1.88 billion bond tied to the Paramount-WBD antitrust merger was pushed to Sept. 24, with a ticking fee of $7 million per day possible starting Oct. 1 if the deal stalls; the bond could yield up to about $1.3 billion in payouts if the merger fails, alongside a June termination fee deadline. LA County’s Department of Economic Opportunity warns the merger could trigger thousands of LA-area film/TV jobs losses and billions in wages, value added, and tax revenue over three years. The 12-state antitrust trial is set for March 2027, with discovery ongoing and talks about two magistrate judges for settlement; financing is a mix of Larry Ellison equity and a large debt package, with WBD debt around $30B that Paramount would assume.

via Deadline|

#bond #business #job-losses

business1 month ago•17 min saved

California AG Nixes Paramount Bond, Calls Merger Delay a Do-Over

California Attorney General Rob Bonta’s office rejected Paramount’s bid for a $1.88 billion bond tied to delaying the Warner Bros. merger, calling the move a “do-over” and noting Paramount knew the deal would face regulatory review and ticking-fee penalties. With a March 2 trial set, Paramount seeks either the bond to cover delays or dissolution of the deal; a 12-state coalition and the Writers Guild oppose the merger on competition grounds, while Paramount argues the case lacks merit.

via variety.com|

#antitrust #bond #business

business1 month ago•3 min saved

Paramount seeks $1.88B bond to cover delay costs in Warner Bros. deal challenge

Paramount asked a federal court to require a $1.88 billion bond from states suing to block its Warner Bros. Discovery merger to cover delay costs if the deal misses its Sept. 30 close; ticking fees total about $1.7B plus about $190M in incremental financing costs, and Paramount argues the states can post the bond while the challenge plays out, with the DOJ approval expiry approaching and a March trial slated.

via nypost.com|

#bond #business #mergers-acquisitions

business1 month ago•18 min saved

Paramount Demands $1.88B Bond in WBD Merger Antitrust Case

Paramount Skydance is pushing for states suing to block its $111 billion Warner Bros. Discovery merger to post a nearly $1.9 billion bond, arguing federal law requires compensation for potential damages from delaying the deal, as regulators have cleared the merger and the states’ suit remains the hurdle.

via The Hollywood Reporter|

#antitrust #bond #business