Golf business – Burgham Park Fri, 07 Jan 2022 18:39:06 +0000 en-US hourly 1 Golf business – Burgham Park 32 32 Rex Rust, Co-President of Rust Communications, passes away Fri, 07 Jan 2022 17:32:08 +0000

CAP GIRARDEAU, Missouri (AP) – Rex Dearmont Rust, co-president of Missouri-based media company Rust Communications, has passed away. He was 52 years old.

The company’s flagship newspaper, the Southeast Missourian in Cape Girardeau, reported that Rust died Thursday evening after a year-long battle with cancer.

Rust grew up in Cape Girardeau and graduated from Harvard University in 1992. He worked in finance in New York, Chicago and Virginia before returning to Missouri.

In 2001, Rust and his brother, Jon K. Rust, were named co-chairmen of the company founded by their father, Gary Rust, who continued as chairman of the board. Today, Rust Communications owns more than 40 newspapers in eight states, numerous magazines and websites, and has minority stakes in 17 radio stations.

Friends and family have noted Rust’s community service. He has been a member of several community and professional organizations.

U.S. District Judge Stephen Limbaugh Jr. remembers inviting Rust to play golf. He said Rust had to pass because he was on his way to a jail to provide ministry to inmates.

“As good as he was as a civic leader and businessman, and he was fantastic in those roles, he was an even better Christian,” Limbaugh said.

Golf Club Heads Market Business Opportunities, Survey, Industry Growth Analysis & Outlook – Industrial Computing Mon, 03 Jan 2022 15:14:25 +0000

Global Market Vision has released a new study on the Global Golf Club Heads Market Proprietary insights, opportunities, revenue size estimation, and growth factors. The Golf Club Heads Market report aims to offer companies the opportunity to recognize modern trends, market size, growth, share, segments, manufacturers and technologies, future roadmap and forecast 2028. The study is segmented by major and emerging high potential countries and develops qualitative and quantitative information, including market size breakdown by revenue and volume (if applicable). The study is aimed specifically at drivers, is limited to grasping the changing market dynamics affected in the current scenario. To achieve the market size forecast and growth estimation, various important metrics are considered as the SWOT analysis of players, all recent developments, upcoming launches, joint ventures, mergers and accusations of players. relevant to the sector.

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The report also discusses in-depth research on the major players in this market and provides a meticulous overview of the competitiveness of these key players. Key business strategies such as mergers and acquisitions, partnerships, collaborations and contracts implemented by major players are also recognized and assessed in the report. For each company, the report differentiates their manufacturing base, product type, competitors, application and description, price, and gross margin.

The major market players presented in the report include:

Bridgestone Golf, Callaway, Nike, Adams, TaylorMade Golf, Cobra Golf, Mizuno, Ping, Wilson, Yonex, Acuity, Geek Golf, Scotty Cameron.

The global golf club heads market is segmented on the basis of type and application.

By type, the market is categorized into

Wood, Irons, Others

By Application, the market is segmented into

Professional Golf Clubs, Amateur Golf Clubs

This statistical report studies the Golf Club Heads market and analyzes the growth status in regions like North America, Asia-Pacific, Europe, Middle East & Africa, and Latin America . The main factors which have an impact on the market are a high state of reserve funds on the total cost of care and the resurgence of the need for reinforced information. As storage providers move forward in cloud arrangements across different topographic areas, the resulting services are expected to experience the maximum growth rate during the forecast period. All of these services are expected to experience the strongest growth during the forecast period.

The key factors that improve the development of key segments have been provided in this research report. An in-depth study of the competitive landscape of the global Golf Club Heads market presented information on the company profiles, recent developments, financial position, mergers and acquisitions, and SWOT analysis. One of the most notable features of the Golf Club Heads market report is the analysis of major users during the forecast period. This study will give a dynamic idea to its readers on inclusive market development to further decide this market project.

Why buy this report?

  • To get the detailed analysis of business strategies regarding major key players already in existence in the global Golf Club Heads market along with value chain, raw materials, and industry variables.
  • To understand all the information related to the Golf Club Heads market on the basis of its market, segmentations, and sub-segmentation.
  • The report gives in-depth distribution channels and distribution chain research with retailers, wholesalers, manufacturers, dealers, suppliers and consumers.
  • The report covers all the factors like CAGR, supply and demand, macroeconomic models, customer buying patterns and several more with proper and genuine data.
  • In addition, with the help of SWOT analysis, PESTLE analysis, and opportunity assessment, researchers and analysts offer accurate and verified information through the report.


1 Report overview

2 global growth trends

2.1 Global Golf Club Heads Market Outlook (2016-2028)

2.2 Growth Trends of Golf Clubs by Region

2.2.1 Golf Club Heads Market Size by Regions: 2016 VS 2021 VS 2028

2.2.2 Golf Clubs Dominate Historical Market Share by Regions (2016-2021)

2.2.3 Golf Club Heads Forecast Market Size by Regions (2022-2028)

2.3 Dynamics of Golf Club Heads Industry

2.3.1 Golf Club Head Market Trends

2.3.2 Golf Club Heads Market Drivers

2.3.3 The challenges of the golf club heads market

2.3.4 Market Restrictions For Golf Club Heads

3 Competition landscape by key players

3.1 Global Golf Club Players by Revenue

3.1.1 Global Best Golf Club Players by Revenue (2016-2021)

3.1.2 Global Golf Club Head Revenue Market Share by Players (2016-2021)

3.2 Global Golf Club Heads Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

3.3 Players covered: ranking by income of golf club managers

3.4 Global Golf Club Market Concentration Ratio

3.4.1 Global Golf Club Market Concentration Ratio (CR5 and HHI)

3.4.2 The top 10 and top 5 companies in the world by sales of golf club chefs in 2020

3.5 Golf Club Managers Key Players Headquarters and Area Served

3.6 Major Players Golf Club Managers Product and Service Solution

3.7 Date of Entry into the Golf Club Head Market

3.8 Mergers & Acquisitions, Expansion Plans

4 Golf Club Head Distribution Data by Type

4.1 Historical Global Golf Club Market Size by Type (2016-2021)

4.2 Global Golf Club Heads Forecast Market Size by Type (2022-2028)

5 Golf Club Head Distribution Data by Application

5.1 Historical Global Golf Club Market Size by Application (2016-2021)

5.2 Global Golf Club Heads Forecast Market Size by Application (2022-2028)

6 North America

7 Europe

8 Asia-Pacific

9 Latin America

10 Middle East and Africa

11 key player profiles

12 Analysts’ views / conclusions

13 Annex

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Good’s Candy Shop says goodbye with virtual chocolate auction | Business Sat, 01 Jan 2022 19:30:00 +0000

ANDERSON – On Saturday, Uranus Fudge Factory and General Store took over the ownership of the former Good’s Candy Shop in Anderson.

In September, Good’s owner Randy Good sold the store to the Missouri-based company after announcing in May that he was selling the business.

Three days before breaking the news, Good posted a Facebook help-seeking ad. In the post, he described the type of people he didn’t want to apply for the job – “splitters” and “pukers”. Good said these qualities are typical of girls who “learn it from their mothers”.

Good said his decision to sell was not based on the Facebook controversy.

In December, he filed a libel suit against two local men, alleging that the comments they posted on Facebook about him and his business were false and amounted to libel and slander. The lawsuit is pending before Division 4 of the Madison Circuit Court.

While Good’s last day of activity was December 28, Good hosted a virtual giveaway on Facebook on Friday.

In the post, Good said he has saved two two-pound candy boxes for today.

To win the first box, people only had to comment on the post saying why they should win.

The second box he saved was auctioned at Good’s Candy Shop at 5 p.m.

On December 27, Louie Keen, mayor of Uranus Fudge Factory and General Store, posted a YouTube video explaining the change in ownership.

“We will open as soon as possible because I know everyone wants their fudge back,” he said in the video.

The store will have an early opening on February 1, according to Keen.

“We know everyone has relied on Good’s for years for all of Valentine’s Day (candy),” Keen said.

For now, the inauguration is scheduled for April 1, but is subject to change.

Keen will keep “all the good things” from Good’s, including ice cream, root beer and chocolates. However, they will incorporate new aspects, like Uranus’ fudge.

He said there would be a lot of “fun and exciting things” added to the business over the next two years.

One added element is a miniature golf course, although that is not expected until July at the earliest.

“We have a playing field ahead. I know Zoltar will be there, ”he said in the video. “There are a ton of things, but things just take time. “

The company also plans to have mobile escape rooms at the Indiana site.

Additionally, over the next two years, Keen hopes to add Uranus liquors to the Indiana store. All of the liquors sold in their Missouri store are made locally in Missouri. He mentioned that they would try to do the same at the Indiana site by sourcing locally.

Keen has offered jobs to all current Good’s employees and is now looking for new employees. They are currently looking for retail staff, people to work in the warehouse, an accountant, a marketer, graphic designers and even videographers.

“We’re looking for people to come and work full-time for us or if you’re in college (and) want to work part-time,” Keen said in the video.

Interested parties should send their resumes to

“We promise that we will give you a lot of reasons to choose Uranus in the near future,” Keen said, closing his video.

Keen especially thanks the First Merchants Bank of Anderson, Madison County Chamber of Commerce and Anderson Economic Development for making the process run smoothly.

To follow Kylee mullikin on Twitter @kyleemullikinhb or call


Top Companies 2021 Golf Shoes Market Size Analysis Fri, 31 Dec 2021 05:31:03 +0000

New Jersey, United States, – Market Research Intellect has been analyzing the Golf Shoes technology and markets since 2018. Since then, through the analysis of company research, we have been very close to the latest market research and development.

In addition, Market Research Intellect works closely with many clients to help them better understand technology and the market environment and develop innovation and commercialization strategies.

Market Research Intellect offers extensive expertise in analyzing the Golf Shoes market. We have been in this industry for 20 years and have closely followed the rise and / or fall, success and / or disappointment of many emerging technologies during this time.

This gives us a unique eye of experience when it comes to analyzing emerging technologies in electronic materials. This is very important as it helps to build a realistic market and technology roadmap that reflects the true potential of the technology based on its intrinsic characteristics and the true level of technology and business challenges it faces.

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Additionally, the market revenue by region and country is provided in the Golf Shoes report. The report’s authors also shed light on common business tactics adopted by players. The major players in the global bGolf Footwear market and their complete profiles are included in the report. Additionally, investment opportunities, recommendations, and current trends in the global Golf Shoes market are mapped by the report. With this report, key players in the global Golf Shoes market will be able to make right decisions and plan their strategies accordingly to stay ahead of the game.

The competitive landscape is an essential aspect that any key player should be aware of. The report highlights the competitive scenario of the Global Golf Shoes Market to know the competition at the national and global level. The market experts also provided an overview of each major player in the global Golf Shoes market, taking into account key aspects such as business areas, production, and product portfolio. Further, the companies in the report are studied on the basis of key factors such as company size, market share, market growth, revenue, production volume, and profit.

The Major Players Covered By The Golf Shoes Markets:

  • FootJoy
  • Decathlon
  • Nike
  • ECCO
  • Callaway
  • Adidas
  • Skechers
  • Under protection
  • Puma
  • New balance
  • Slazenger
  • Sand bags
  • REAL Linkswear
  • Mizuno

Golf Shoes Market Split By Type:

  • Specialty stores
  • Supermarket and shopping center
  • E-commerce
  • Other
  • The specialty stores segment has a comparatively larger share of the global market
  • which represents about 50%.

Golf Shoes Market Split By Application:

  • Man
  • Female
  • Children
  • Male was the most used area, accounting for around 70% of the global total in 2018.

The Golf Shoes market report has been separated into distinct categories such as product type, application, end user, and region. Each segment is rated on the basis of CAGR, share and growth potential. In the regional analysis, the report highlights the potential region, which is expected to generate opportunities in the global Golf Shoes Market in the coming years. This segmental analysis will surely prove to be a useful tool for the readers, stakeholders and market players to get a complete picture of the Global Golf Shoes Market and its growth potential in the coming years.

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Scope of Golf Shoes Market Report

Report attribute Details
Market size available for years 2021 – 2028
Reference year considered 2021
Historical data 2015 – 2019
Forecast period 2021 – 2028
Quantitative units Revenue in millions of USD and CAGR from 2021 to 2027
Covered segments Types, applications, end users, etc.
Cover of the report Revenue forecast, company ranking, competitive landscape, growth factors and trends
Regional scope North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization Free customization of reports (equivalent to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
Price and purchase options Take advantage of custom shopping options to meet your exact research needs. Explore purchasing options

Regional Golf Shoes Market Analysis can be represented as follows:

Each regional golf shoe industry is carefully studied to understand its current and future growth scenarios. It helps the players to strengthen their position. Use market research to gain a better perspective and understanding of the market and target audience and ensure you stay ahead of the competition.

Geographically, the global golf shoes market has segmented as follows:

    • North America includes the United States, Canada and Mexico
    • Europe includes Germany, France, UK, Italy, Spain
    • South America includes Colombia, Argentina, Nigeria and Chile
    • Asia-Pacific includes Japan, China, Korea, India, Saudi Arabia and Southeast Asia

Key questions answered in the report:

  • What is the growth potential of the Golf Shoes markets?
  • Which product segment will take the lion’s share?
  • Which regional market will emerge as a precursor in the years to come?
  • Which application segment will grow at a sustained rate?
  • What are the growth opportunities that could emerge in the lock washer industry in the years to come?
  • What are the main challenges that the global golf shoe markets could face in the future?
  • Who are the leading companies in the global golf shoes market?
  • What are the main trends that are positively impacting the growth of the market?
  • What are the growth strategies considered by the players to maintain their grip on the global golf shoes market?

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Verified Market Intelligence is our BI platform for telling the story of this market. VMI provides in-depth predictive trends and accurate insights into over 20,000 emerging and niche markets to help you make key revenue impact decisions for a bright future. VMI provides a comprehensive overview and global competitive landscape by regions, countries and segments, as well as as key players in your market. Present your market reports and findings with built-in presentation capabilities, delivering over 70% of time and resources to investors, sales and marketing, R&D and product development. VMI supports data delivery in interactive Excel and PDF formats and provides over 15 key market indicators for your market.

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The study thoroughly explores the profiles of the major market players and their main financial aspects. This comprehensive business analyst report is useful for all existing and new entrants when designing their business strategies. This report covers the production, revenue, market share and growth rate of the Golf Shoes market for each key company, and covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. Historical golf shoe breakdown data from 2016 to 2020 and forecast to 2021-2029.

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Market Research Intellect provides syndicated and personalized research reports to clients from various industries and organizations in addition to the goal of providing personalized and in-depth research studies. range of industries, including energy, technology, manufacturing and construction, chemicals and materials, food and beverage. Etc. Our research studies help our clients make more data-driven decisions, admit push predictions, grossly capitalize on opportunities, and maximize efficiency by acting as their criminal belt to adopt accurate mention and essential without compromise. clients, we have provided expertly-behaved affirmation research facilities to over 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell, Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi.

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Al-Rumayyan appointed president of Arab Golf Federation Wed, 29 Dec 2021 13:02:05 +0000

Yasir Al-Rumayyan, who has led the growth of golf in Saudi Arabia since his appointment as President of Golf Saudi and the Saudi Golf Federation in 2018, has been appointed President of the Arab Golf Federation (AGF).

The Arab Golf Federation was founded in 1974 and represents the collective interests of 19 member countries, whose mission, recognized by the R&A and the Arab Olympic Committee, is to streamline the governance of the game in the Arab world and improve the overall development of golf. by creating more and better gaming opportunities for its members.

Al-Rumayyan said, “It is an honor for me to take on the role of Chairman of AGF. First of all, I would like to congratulate my predecessor Sheikh Fahim bin Sultan Al Qasimi for the fantastic job he did as the head of the Arab Golf Federation and personally thank him for having succeeded in bringing great golf to the Arab people. . I am not only an avid golfer, but I recognize the real value that sport can bring, in all of our societies.

“I am fully committed to focusing on how the AGF can support the game’s governing bodies in their mission to develop the game in the world, as well as to mobilize our collective resources to maximize the opportunities for the nations. Arabs in our increasing participation in the future world game. “

Sport has been a cornerstone of Al-Rumayyan’s career and as governor of the Public Investment Fund (PIF) – Saudi Arabia’s sovereign wealth fund. He is responsible for investing billions of dollars in sporting events as part of Vision 2030, Saudi Arabia’s transformative economic and social reform plan to open the kingdom to the world.

With an education at Harvard Business School and subsequent experience in wealth management and investment banking, the organization is expected to benefit from Al Rumayyan’s business acumen as well as passion and professional expertise. substantial in the development of Saudi golf.

Highlighting the strength and growth of golf in Saudi Arabia, CEO and Vice President of Golf Saudi and the Saudi Golf Federation, Majed Al Sorour, has also been appointed AGF General Secretary. A golf enthusiast himself, Al Sorour will seek to bring his extensive commercial and sporting expertise to his new role at AGF.

Al-Rumayyan added, “AGF represents one of the most important regional clusters not only in the global development of golf, but also in global professional golf. Since the late 1980s, the Middle East has become a catalyst for the growth of the game and enjoys a rich heritage in promoting the sport. This is something that I know all members are very proud of and is a driving force in our vision for the future. “

Following his appointment as the new General Secretary of AGF, Majed Al Sorour said: “I am incredibly proud to take on this new position, given the growing importance of Saudi Arabia in the global industry. golf and having previously worked alongside Al-Rumayyan. At Golf Saudi, I am confident that we will be able to deliver an inspired strategy for golf in the Middle East that sees the continued growth of the sport in the region. “- TradeArabia News Service

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Securities and Structured Finance Litigation Update – December 2021 | Quinn Emanuel Urquhart & Sullivan, LLP Mon, 27 Dec 2021 15:50:59 +0000

Litigation by shareholders after MFW and Dell

Controlling shareholders (“controllers”) who engage in transactions in their own interest may be held liable for breaches of fiduciary duties owed to minority shareholders. Such “monitor” claims are generally assessed in accordance with Delaware’s strict “total fairness” standard. The controller bears the burden of proving both ‘fair price’ and ‘fair use’ – that the disputed transaction was substantively and procedurally fair. This is demanding and its application can result in significant liability for supervisors, including exposure to class actions by shareholders seeking significant damages. But the decision of the Delaware Supreme Court in Kahn v. M & F Worldwide Corp. (“MFW”), 88 A.3d 635 (Del. 2014) creates a “safe harbor” whereby auditors can avoid fairness scrutiny and thereby minimize their liability. This article deals with the MFW decision and recent cases applying it, including the Dell Class V litigation, in which a court dismissed a motion to dismiss based on MFW.

MFW: In MFW, the Delaware Supreme Court ruled that the entire fairness review does not apply to Monitor transactions that are conditioned, from the outset, on the approval of two: (1) a special committee fully empowered, disinterested and independent who represents the interests of minority shareholders; and (2) a fully informed and unconstrained “minority majority” shareholder vote. Identifier. Delaware courts assess six conditions to determine whether MFWthe requirements of are met:

  • The controlling shareholder must make the transaction conditional both on the approval of a special committee and on a majority vote of the minority of shareholders;
  • The special committee must be independent;
  • The special committee must be empowered to freely choose its own advisers and to say “no” definitively to the operation;
  • The special committee must fulfill its duty of care in negotiating a fair price;
  • The vote of minority shareholders must be informed; and
  • There should be no constraints on minority shareholders.

The objective of MFW is to protect minority shareholders by ensuring that the procedural guarantees of an independent special committee and majority majority vote prevent supervisors from engaging in unfair transactions that benefit them to the detriment of minority shareholders. As the Dell court explained: “MFW The dual conditions create a powerful tool for extracting good value for the minority, because from the outset of negotiations, the controlling shareholder knows that he cannot bypass the ability of the special committee to say “no”. Regarding Dell Techs. Inc. Class V Shareholders Litigation. (“Dell“), 2020 WL 3096748, at * 15 (Del. Ch. 11 June 2020). If both MFW conditions are met, the deferential business judgment rule applies rather than the fairness test as a whole. Under the rule of business judgment, almost all corporate actions, except overt waste, are allowed. Therefore, if the business judgment rule applies, the complainants’ claims are generally dismissed.

Getting around MFW: Although several controllers have successfully invoked MFW to gain the protection of the business judgment rule, more recent decisions illustrate the limits of MFW– and the potential pitfalls for controlling shareholders who seek to escape full fairness scrutiny.

In Dell, a category of investors for which Quinn Emanuel is co-lead adviser rejected the application of the MFW. Dell concerned a 2018 transaction in which controlling Dell shareholders repurchased one class of shares (“class V” shares) held by minority shareholders for a mixture of cash and another class of Dell shares (“class C” shares). Invoke MFW, Dell’s board of directors appointed a special committee to negotiate on behalf of Class V shareholders and held a shareholder vote in which a majority of minority shareholders voted in favor of the deal. Class V investors disputed the transaction as unfair and alleged that the transaction price was too low and the special committee was conflicted and ineffective. Investors have filed fiduciary breach complaints against Dell’s majority shareholders (Michael Dell and Silver Lake Partners) and members of the special committee. The defendants asked to be dismissed under MFW. Vice Chancellor Laster rejected the motion.

the Dell court found that almost all MFW the requirements were not met, despite the appointment of the special committee and the vote of the shareholders. First of all, the special committee was not empowered within the meaning of MFW because Dell had reserved the right to resort to backup transactions, including a forced conversion of class V shares into class C shares, if the proposed deal failed, and had not given the special committee l authority to prevent such a “plan B”. Identifier. to * 17. Second, the controllers “bypassed the special committee and negotiated directly with [shareholders], which deprived the special committee of the power to function. Identifier. Third, the controllers “created a coercive situation by threatening” to resort to backup options if the operation failed, such as a forced conversion of class V shares into class C. In doing so, [Defendants] both undermined the special committee’s ability to negotiate effectively and the ability of shareholders to vote against the deal. ” Identifier. at * 31 Fourth, the special committee was in conflict, not least because one of its members (David Dorman) belonged to the same very exclusive golf clubs – Augusta National and San Francisco Golf Club – as a managing partner of Silver Lake Partners. Identifier. to * 36. Fifth, the shareholder vote was not informed, as the controllers did not disclose material information, including Dell’s previous valuations that were well below the valuation used in the transaction. Identifier. at * 39-41.

Dell shows that courts can look beyond the formal imposition of a special committee and a majority vote of the minority when a monitor has done nothing but lip service MFW without meticulously respecting its requirements. Beyond Dell, other recent Delaware court decisions also illustrate the scope and limitations of MFWprotections for controlling shareholders.

Ab initio Requirement: Controllers must appoint a special committee ab initio– before the start of the transaction. But exactly what “ab initio” means-that is to say, when MFW requirements come into play — has been the subject of frequent litigation. The Delaware Supreme Court decision in Flood v Synutra Int’l, Inc., 195 A.3d 754, 762 (Del. 2018) is instructive. There, the complainants argued that the controller had failed to qualify for MFWprotections because the controller sent a letter to minority shareholders offering to take a company (Synutra) private before appoint a special commission. Liang Zhang and his subsidiaries controlled 63.5% of Synutra. Zhang sent a letter offering to privatize Synutra by acquiring the rest of its shares. A week later, the board formed a special committee, but did not discuss the proposal. Two weeks after the initial offer, Zhang sent a second letter, this time with MFW conditions. Price negotiations did not begin until seven months after the second letter. Minority shareholders contested the transaction, claiming that the first the letter should have contained MFW conditions. The Delaware Supreme Court disagreed and ruled that MFW applied because its twin conditions were put in place “before any substantive economic negotiation”. Identifier. to 762. Flood confirms that all securities transactions carried out by a supervisor do not trigger the imposition of MFW requirements. But later cases make it clear that supervisors must be careful not to enter into “substantive economic negotiations” before appointing a special committee, otherwise they risk losing the protections of the business judgment rule. Compare Olenik v. Lodzinski, 208 A.3d 704, 717 (Del. 2019) (ab initio requirement not met when the controlling shareholder has engaged in months of discussions on the valuation of a merger target before appointing a special committee).

Daily Transactions: Delaware courts have also clarified that MFW does not only apply to “business stake” transactions. Yes MFW conditions are not met, even more common decisions may be subject to a full fairness review. In Tornetta vs. Musk, 250 A.3d 793 (Del. Ch. 2019), the court considered whether the compensation plan of Tesla CEO Elon Musk was subject to a full fairness review or to the rule of law. business appreciation. The court concluded that because MFW conditions had not been met, the entire fairness review was governed, even though the contested decision was not a “transformational” transaction such as a merger or share buyback. Identifier. to 800.

What is a “controlling” shareholder? Courts applying MFW have sometimes applied the “full equity” control even to shareholders who control less than the majority of the voting shares of a company. In In re Tesla Motors, Inc. Shareholding Litigation., 2020 WL 553902, at * 4 (Del. Ch. February 4, 2020), minority shareholders challenged Tesla’s acquisition of another company, Solar City, and sued Musk. He argued that he was not a majority shareholder because he only owned 22% of the voting shares. The court rejected this argument and concluded that a “minority shareholder can, in law, be a majority shareholder through a combination of potential voting rights. and management control in such a way that the shareholder can be considered to have effective control of the board of directors without actually owning the majority of the shares. Identifier.

Lee wins local guest Nett section at inaugural golf tournament Sun, 26 Dec 2021 00:01:58 +0000

Lee (center) receives his award from Daniel.

SIBU (December 26): Lee Ka Tung continued his strong run by clinching the title of the Local Invited Nett section of the inaugural Thanksgiving 2021 golf tournament held here last weekend.

Lee also won the raw section of the Methodist Golf Scholarship and the 2021 Captain Cup Golf Championship held a week earlier at Sibu Golf Course.

“Three in a row and it was a good result,” said a delighted Lee.

For the inaugural Thanksgiving tournament, Raymond Ling was the first finalist, followed by Ling Soon Kiong, Song Tiong Chuan and Ting Hua Ping.

Sia Ky Soon won the Outstation Invited Nett section, followed by John Ling, Ronnie Chong, Kho Gek Ling and Hoan Kee Hock.

In the open section (Nett), Shapirun Hashim was the winner, followed by Jostin Seruling, Tang Tong Seng, Aaron Teng and Caleb Lau.

The winner of the open (raw) section went to Ferdinand Siaw, Winston Lau, Joseph Phang, Kee Ing Ping and Kung Teck Lee.

In the senior section, Lawrence Nguoi was champion, followed by Ting Kok Siong, Chew Ching Hock, the vice-president of the municipal council of Sibu Bujang Abdul Majid and Francis Nguoi.

The two-day tournament, hosted by the Sibu Golf Club, attracted the participation of over 160 golfers from Sibu, Kuching, Miri and Bintulu.

Event sponsor Daniel Ding Huong Chen was very happy to see the success of the event.

“It’s been a year since SGC hosted a big golf tournament similar to this one. This was before the Covid-19 pandemic, ”he said, adding that he was delighted to meet again golfing friends from Kuching, Miri and Bintulu.

Daniel, who is the youngest son of prominent business mogul Dato Ding Lian Cheon, said the Thanksgiving 2021 golf tournament was held to express his deep gratitude to the almighty god.

Pastor Ting Diu Kiong has been invited to bless the game and pray for the swift elimination of the Covid-19 pandemic, good health and happiness for all.

Among the distinguished guests are Dato Sri Huang Tiong Sii, Member of the National Assembly of Repok, Clarence Ting Ing Horh, President of Sibu City Council, Dato Ding himself, Dato Ngieng Ping Wei, Dato Sri Winston Ting, President from the Sarawak Hoan Kee Hock Golf Association, Sarawak Golf Club. Captain Henry Chuo, SGC Chairman Joe Wong Ing Huong, SGC Vice President Wong Pak Cheng, SGC Captain Wong Lay Nam and SGC Treasurer Dato Thomas Tieng.

At the awards ceremony, Daniel announced that the Thanksgiving Golf Tournament will be held every year before Christmas from now on.

Golf participation is booming, so why are professional players leaving after COVID? Fri, 24 Dec 2021 00:30:00 +0000

He hasn’t played a professional golf tournament since the Victoria Open in early 2020, one of the last before the pandemic took hold in Australia. He has no intention of coming back.

For the record, Brandt-Richards said his partner’s cancer diagnosis and other life factors made his decision easier.

But he’s not the only one frustrated with the sport and the lack of opportunities for veteran professionals in Australia since COVID hit, despite rising participation rates in states like NSW, where public classes are. remained open.

“Golf courses are making more money than they ever made and we couldn’t play golf?” Weren’t there enough to hold Pro-Ams? Some went ahead and we got a few invites, ”says Brandt-Richards.

“I used to joke when I started, I’m going to go to open an envelope. As long as there was money in it and it could be opened, I was going. The participation side was booming, but on the professional side, there was nothing.

As the Australian national scene slowly wakes up from its COVID slumber – Australia’s PGA in January will be the biggest event in two years – a cohort of seasoned Australian pros have moved away from the game, or are set to do so .

It has been a golden year in some ways for the sport in Australia, with young guns Cameron Davis and Lucas Herbert securing their first victories on the PGA Tour, Min Woo Lee winning the Scottish Open and sitting in the dawn of the world top 50, her sister Minjee Lee claiming her first female major and Hannah Green cashing in a $ 1 million “life-changing” bonus on the LPGA Tour.

Lucas Herbert scored a decisive victory on the PGA Tour this year.Credit:Getty

But there are just as many stories of others unable to continue as the country opens up again.

The men’s Australian Open – which relies heavily on the return of the country’s US and European touring regulars mixed with a pinch of international power – has been called off in the past two years.

In October, Golf Australia announced that this year’s event at The Australian had been scrapped due to travel and quarantine restrictions. The next day, New South Wales Premier Dominic Perrottet announced that the 14-day isolation for vaccinated travelers from overseas would be lifted within two weeks.

Aside from a rush of events earlier this year ahead of the Sydney Delta variant outbreak – including Braith Anasta’s TPS Sydney, the Queensland Open and the NSW Open – Australia’s professional golf calendar has been stifled in 2021.

“I think there has been a big devaluation of what it means to be a professional golfer in Australia. We are considered a second-rate sport.

Callan O’Reilly

“Some of my best friends who I spent 12 years traveling the road with, they haven’t played a golf tournament in 18 months,” says former pro Callan O’Reilly, who has given up on touring to become a real estate agent in Newcastle. .

“Over the past two years I’ve expressed what I thought was a little disrespect to the guys who play in Australia. I think there has been a big devaluation of what it means to be a professional golfer in Australia. We are considered a second-rate sport.

“But the caliber of the players in this country is enormous. Per capita, our performance [overseas and domestically against visiting golfers] It’s incredible. Maybe this showed that participation is going to explode again without professional golf in Australia. “

O’Reilly, who has reached a career high of 447 in the world, is happy with his call, although he called it “massive.” He had partial status on the Japanese tour when COVID took hold of the world – he returned to Australia a day before the hotels were quarantined – and used his time away from golf to buy his first home. He is also preparing to become a father.

Callan O'Reilly at the New Zealand Open in 2018.

Callan O’Reilly at the New Zealand Open in 2018.Credit:Getty

“I spent 10 years as a traveling golfer and then all of a sudden my life changed,” says O’Reilly. “There were times when I had run out of my credit card and you were wondering, ‘How am I going to move on to the next one? Can I go to another state? But I was lucky to have a lot of support at home.

“I used to check the COVID case tracking website every day [in the first few weeks of the pandemic] and I thought, ‘we’re not leaving this year’. And I basically went out to find a job.


“This is now the 30-year career. Towards the end, golf … it got tough to be fun.

To voice their concerns about the state of the local game, more than 50 players have joined an advisory group called the Oceania Golf Players Association, led by veteran player representative Joseph Sponholz.

He has worked on the NBA and NFL collective agreements, while the grand female champion Green is aligned with the movement and spoke last month about players wanting to have their voices heard.

But how many tournaments in Australia are viable?

“The economics of golf tournaments in Australia are not a pretty sight,” said Golf Australia Managing Director James Sutherland. “I think there are people who have unrealistic expectations about this possibility.

“We can’t get on with hosting money-losing events that aren’t fan-adopted either. We all have a role to play in that. That doesn’t mean I don’t. have no empathy for the tour professionals who have had a really tough time, we’ve all had a tough time during the COVID time. If we thought we could have organized these events, made them work and washed up face, then we would have.

“But we can’t lose money because every dollar we lose on a tournament is a dollar less than we can invest in growing the game in the sense of participation.”

OGPA insists he wants to work with the PGA of Australia, a sentiment shared by Australian professional veteran Steven Jeffress, who says he will severely limit his playing schedule as he turns to life. as an NDIS support worker for dementia patients.

“The reason I went on [the OGPA] was for young players, ”said Jeffress, the 2014 Fiji International winner.“ I just want them to have a voice. I definitely moved in a different direction [with my own life].

“I could give up golf and earn more money each week working than playing golf. At some point it becomes a bit of a business decision and you’re like, “What the hell am I doing? “

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Village of Portville Withdraws From Marijuana Businesses – For Now | News Wed, 22 Dec 2021 00:15:00 +0000

PORTVILLE – A public hearing on the state’s legal marijuana law brought together a dozen villagers on Monday evening, with two speakers urging the village to back down for the time being.

The hearing is the result of a discussion by village administrators at their November meeting, where they decided they wanted to hear the views of residents before voting on whether to allow recreational businesses. of marijuana allowed in the village.

The directors voted unanimously to step down now. The village can vote at another time to allow marijuana shops and / or so-called marijuana bars in the village.

“Along with the other board members, I have responded to calls and comments regarding the opt In / Out situation and the majority of them urged caution regarding the measure,” said Mayor Anthony Evans. “… I agree with the majority of residents who have contacted me that it is probably wise and wise to step aside (for now) and let’s see how this rather confusing situation plays out in other areas.” .

“Overall I’m very business-friendly and want to increase the income that I badly need, but I don’t like the way the state has rolled out this thing. Our job as elected officials is to try to do the best for the municipality… ”

“The decision to step down was solely based on the fact that the Cannabis Management Office has yet to establish concrete rules and regulations for cannabis dispensaries at this point,” said Vincent Pascucci, administrator. “… For now, withdrawal is a logical choice. … This is not a debate about the legalization of marijuana. Marijuana is legal just like alcohol and cigarettes. The village only looks at the rules and regulations for the distribution of a legal product.

IN OTHER BUSINESS, four offers were received to purchase the 2.7 acre Pine Street property. The top bidder, at $ 7,600, was Chad Caldwell of Portville.

Department of Public Works Superintendent and Code Enforcement Officer John Krist reported Wellington’s property to be beyond repair. After discussion, it was voted that DPW personnel would demolish it at a cost of approximately $ 6,500 and spend approximately $ 3-4,000 to remove the debris. The garage will be left on the property.

He also reported on the work of the service, as well as a broken water pipe in the municipal building on Monday which resulted in 2 inches of water on the floor of the post office.

Portville Volunteer Fire Department Acting Chief Jeff Latten spoke about the changes to the service.

“Over the past two months there have been a number of staff changes which will be temporary until the end of the year. We hope to make it a little more user-friendly. He reported that from January 2022, the fire chief will be Chuck St. Clair; Brian Neal, Deputy Chief; Jeff Latten, first assistant; and Chris Bell, second assistant.

Rich Longer, president of the Twin Tiers Disc Golf Club, spoke to administrators about the possibility of a mini golf club in Portville. The location options will be studied.

Dubai Sports Council CEO’s Masters Remains Highlight of Amateur Golf Calendar Mon, 20 Dec 2021 12:34:46 +0000

Ahmad Ibrahim, Deepak Ahuja, Darren Mullins and Russell Yeomans at the press conference.

Gulf today, Journalist

The Dubai Sports Council CEO’s Masters 2022 Golf Day will take place at the Dubai Sports City Els Club on Thursday 6e January 2021, as part of the Dubai Sports Council’s continued commitment to promote golf as a key business network and tourism tool for the UAE and the region.

The Dubai Sports Council CEO Masters is sponsored this year by Thriwe (Gold sponsor) and Accuracy, AARO, BackLite Media, CARS (Classic Automotive Relocation Services) and AGMC (BMW) (Silver sponsors).

There will be over 110 senior golf executives and government officials from all over the UAE to participate in the 1pm Shotgun Tournament at the Els Club, one of Dubai and the Emirates’ many magnificent golfing assets. United Arabs.

Details of the event were announced at Monday’s press conference at the Dubai Sports Council, featuring Ahmad Ibrahim, head of the council’s community events section; Deepak Ahuja, Regional Manager, Middle East and North Africa, at Thriwe; Darren Mullins, Accuracy partner; and Russell Yeomans, Managing Director of Sport2Business, in attendance.

The Dubai Sports Council CEO’s Masters will take place in an 18-hole team format, designed to provide an interactive golf and networking experience. The tournament will conclude with a formal social distancing presentation dinner at the Big Easy Restaurant hosted by HE Saeed Hareb, Secretary General of the Dubai Sports Council, who will address key business and government leaders in the United Arab Emirates to discuss the value of golf as both a business networking and tourism tool.

“We are delighted to invite Thriwe, AARO Middle East, Accuracy, BackLite, CARS and our passionate golf business leaders to the Dubai Sports Council CEO’s Masters Golf Day at the beautiful Els Club course. The course is still in wonderful condition and the ELS venue is conducive to a great networking and presentation environment.

On the sponsorship front, Ahuja of Thriwe (Gold Sponsor 2022) stated that, “Thriwe has always supported golf in the region and will continue to do so. We are delighted to announce that we have entered into a strategic partnership with CEO Masters whereby we will launch an Indian edition of the CEO Masters in November 2022 ”.

Ahuja further added that he was “keen to launch a TRI Nation edition of CEO Masters with India, United Arab Emirates and Singapore as participating countries by 2023”. He also said that the 2022 CEO Masters winning team will get wild card entry to play the Indian edition, which is supposed to be slated for November 2022, and the Indian edition winning team will in return play the CEO Masters. 2023.

Last year the CEO Masters supported the Al Jalila Foundation – this year we are delighted to invite Samar Jodha (Spectrum Maxima), renowned artist and corporate communication specialist who will be our media and CSR partner.

“On the topic of CSR, this year with Samar we are delighted to support the RED BALLOON initiative to create compassionate young leaders for a better world., ” said Russell Yeomans, Managing Director of Sport2Business, the UAE-based golf events and business networking company that is hosting the event on behalf of the Dubai Sports Council. “COVID has been very difficult for our youth and Red Balloon has some amazing initiatives and impact to improve the soft skills and emotional well-being of our youth. “

The Dubai Sports Council CEO’s Masters continues to be part of an ongoing commitment on behalf of the Dubai Sports Council to create a true 7-star golf, dining and networking experience for top UAE business leaders.

“Through the CEO Masters, the Dubai Sports Council recognizes the importance of golf as a sport that permeates tourism and business. Many large public and private companies in the UAE will have high profile representation at the tournament, creating a truly unique networking opportunity for participants and sponsors, ”Yeomans said.

“The CEO Masters has become the go-to event for amateur golfers – a perfect start to the ever-improving golf calendar in Dubai. The day is about business networking first and golf second, but we aim to have creative activations on every hole to keep the competitive nature of our business leaders at the forefront.

“Our sponsors fully support the incremental improvement of each event – this year includes a real opportunity to win a BMW for a hole-in-one, valuable publicity on Sheikh Zayed Road and several varied experiences. buy “around the golf course.

“2021 has been a difficult year for everyone on and off the golf course – there is a very positive vibe in Dubai and we intend to start 2022 with a great CEO Masters.