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Related Party Transactions

All articles tagged with #related party transactions

Dodgers Owner Repositions Billions Amid Federal Probe
business5 days ago

Dodgers Owner Repositions Billions Amid Federal Probe

The Wall Street Journal and The Athletic report that Dodgers owner Mark Walter is under federal and SEC scrutiny over whether billions moved through insurers he controls were properly disclosed, with filings showing Delaware Life Insurance and its affiliate expanding investments tied to related businesses; a Dodgers-related loan has nearly been paid off, and Walter’s recent Lakers sale has raised questions about his broader sports empire, though the Dodgers are not the primary focus of the investigation.

The Quiet Giant: Sammons’ Hidden Guggenheim Ties in a $130B Insurance Web
investigations9 days ago

The Quiet Giant: Sammons’ Hidden Guggenheim Ties in a $130B Insurance Web

A deep-dive reveals how Sammons Enterprises, owner of roughly $130 billion in Sammons Financial Group assets, quietly restructured its Guggenheim stake to label the firm as unaffiliated while continuing to rely on Guggenheim-managed investments. The piece links the arrangement to federal probes into Mark Walter’s TWG-linked insurers and shows how shifting disclosures, loans, and cross-ownership may expose policyholders to related-party risk, prompting questions about transparency and regulators’ concerns.