Category Press Releases

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United Development Funding IV Recommends Shareholders Reject Hedge Fund NexPoint’s Ninth Extended Hostile Tender Offer; James Dondero alleged to have ‘siphoned’ millions from his former company, Highland Capital Management, L.P.

GRAPEVINE, Texas, Oct. 25, 2023 (GLOBE NEWSWIRE) — United Development Funding IV (“UDF IV” or the “Trust”) announced that it recommends Trust shareholders reject the ninth extended unsolicited tender offer made by hedge fund NexPoint Strategic Opportunities Fund (“NexPoint”) to…

Aquadrill Announces Sale of the Leo

LONDON, Oct. 25, 2023 /PRNewswire/ — Aquadrill LLC (“Aquadrill” or the “Company”) has entered into an agreement for the sale of a semisubmersible drilling unit, the “Leo”, with a subsidiary of BW Energy (the “Buyers”) for USD 14 million. The…

Ropes & Gray Names 24 New Partners

NEW YORK, Oct. 25, 2023 /PRNewswire/ — Global law firm Ropes & Gray announced today that 24 attorneys have been named partners of the firm, effective November 1. The new partners are exceptional advisers to the firm’s clients, demonstrating excellence in…