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Latest News in Corporate
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November 03, 2026
Shell PLC's Australian subsidiary has agreed to sell its 16.67% stake in Western Australia's North West Shelf liquefied natural gas project to United Arab Emirates-based XRG PJSC for $1.45 billion, the companies said Tuesday.
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November 03, 2026
An investor in a private equity fund has accused its managers in Delaware Chancery Court of secretly exchanging about $43 million in diversified investments for securities in a "speculative" financial company, then failing to sell those holdings before their value plunged 99.98%, leaving investors with virtually nothing.
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November 03, 2026
A Georgia federal court's recent decision in MiMedx v. U.S. Food and Drug Administration constrains the FDA's analytical framework for classifying certain wound care products as biological products, carrying important ramifications for manufacturers seeking to avoid heightened regulatory requirements, say attorneys at Hyman Phelps.
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November 03, 2026
The OpenAI CEO’s recent call for artificial intelligence laboratories to collectively slow development to allow safety research to catch up invites antitrust scrutiny, but the risks to coordinating competitors can be managed by carefully structuring pacing agreements and layering their approach to compliance, say attorneys at Holland & Knight.
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November 03, 2026
Canadian restaurant franchisor Foodtastic Inc. went public Tuesday with a roughly CA$982 million ($702 million) bid for MTY Food Group Inc., saying MTY "dismissed" its earlier approaches despite a decade of being "undisciplined in its operations and acquisitions."
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