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2013-03-22 18:44:58
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*FISKER* *Henrik walked out over funding, operating budget<http://gas2.org/2013/03/20/fisker-walked-out-over-funding-operating-budget/> * Gas2 3/20 According to Reuters, Henrik wanted to avoid utilizing the DoE loan and make the company a small, niche automaker. Fisker still looking for a buyer<http://www.carbuzz.com/news/2013/3/21/Fisker-Still-Looking-for-a-Buyer-7713527/> Carbuzz 3/21 Even though Geely has pulled out, Fisker says it is still “talking to multiple partners”. *WEATHER* *The Weather Company builds out new WeatherFX Division with 2 executive appointments<http://press.weather.com/press-releases/weather-company-builds-out-new-weatherfx-division-two-execut/> * Weather 3/18 Jeremy Hlaveck has become vice president of operations and strategic partnerships at WeatherFX. Steve Kelley has become vice president, architecture and research and development at WeatherFx. *AIRVANA* *Airvana wins injunction in $330 mm Ericsson suit<http://www.bloomberg.com/news/2013-03-20/airvana-wins-injunction-in-330-million-ericsson-suit.html> * Bloomberg 3/20 Airvana was granted a preliminary injunction in its intellectual-property lawsuit against Ericsson. New York State Supreme Court Justice Barbara Kapnick, in an order dated yesterday, granted Airvana’s request for an injunction blocking Ericsson from “using, operating, testing or deploying” certain hardware unless it’s using software licensed from Airvana. *ENERGY FUTURE HOLDINGS* *Creditors sue Energy Future Holdings for $725MM<http://www.bizjournals.com/dallas/news/2013/03/20/creditors-take-energy-future.html> * Dallas Business Journal 3/20 The derivative lawsuit filed by Aureilius Capital Master Ltd. accuses EFCH’s board of breach of fiduciary duty for continuing to make fraudulent loans while the company was insolvent *PRIVATE EQUITY* U.S. files criminal charges against former Calpers CEO<http://blogs.wsj.com/privateequity/2013/03/18/u-s-files-criminal-charges-against-former-calpers-ceo/> WSJ 3/18 The U.S. Attorney’s Office in San Francisco indicted Federico Buenrostro, who ran the California Public Employees’ Retirement system, and Alfred Villalobos in connection with an alleged scheme to defraud money managers such as Apollo. Blackstone studying Dell, but decision is uncertain<http://dealbook.nytimes.com/2013/03/21/blackstone-studying-dell-but-said-to-be-unlikely-to-bid/> NYT 3/21 Blackstone is weighing whether to make an offer for all or par of Dell as today’s deadline looms. Blackstone hired Dell’s chief in-house deal maker, David Johnson, earlier this year. He is seen as one of the primary advocates behind Blackstone’s interest. Pressured, PE firm cuts management fees<http://dealbook.nytimes.com/2013/03/21/under-pressure-burkle-is-said-to-forgo-investment-firms-fees/> NYT 3/21 Ronald W. Burkle has cut fees for investors in the Yucaipa Companies until the investors recoup their money
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