Elliott Management
LME defeats Elliott Management in nickel crisis appeal
The investment firm sued the exchange for $456m in damages after a historic trading shutdown
Hedge fund Elliott Advisors boosts directors’ pay by 382%
Highest-paid director pockets £28.7m in bumper year for the hedge fund
1 min read
LME says ‘no proper basis’ to overturn court’s approval of nickel trade cancellations
The LME’s counsel argued the exchange had a regulatory obligation to intervene and that Elliott was repeating arguments already struck down by the lower court
3 min read
Elliott says London Metal Exchange failed to disclose vital documents in nickel dispute
Elliott said the LME failed to disclose all relevant information before it went to court in June 2023
3 min read
London Metal Exchange and Elliott Management head back to court for nickel ruling appeal
Elliott is appealing a November High Court verdict that backed the LME’s decision to void billions in trades
2 min read
LME court win affirms the broad powers of exchanges
The court said it would not second-guess the LME’s ‘specialist decision-maker’ role
3 min read
LME wins nickel court battle against Elliott and Jane Street
The LME faced a $470m lawsuit over last year's nickel crisis, but judges rule exchange was allowed a 'margin of discretion'
3 min read
LME tells court it halted a ‘death spiral’ with cancelled nickel trades
The exchange argued the crisis would have caused further 'significant and systemic damage' but for its intervention
4 min read
Elliott, Jane Street tell court LME had ‘no power’ to cancel $4bn in nickel trades
Elliott and Jane Street said that even if the LME had the power to cancel trades, it was 'unlawful' to do so without a stated policy ahead of the time
4 min read
LME nickel defaulters in spotlight as exchange prepares for $450m lawsuit
A lawsuit against the exchange from Elliott Management and Jane Street will be heard from 20 to 22 June
2 min read
Activist fund Elliott Management clinches stake in Salesforce
Elliott, one of the biggest and most prolific activists, often seeks board representation and pushes for companies to make operational improvements and other changes
3 min read
London Metal Exchange fights back against nickel lawsuits: ‘The market had become disorderly’
Without intervention the nickel market would have been subject to a $20bn margin call, LME says, as it fights back against trader legal action
Why activist hedge fund Elliott Management is targeting PayPal
Mizuho Securities analyst Dan Dolev said PayPal should focus more on its checkout button and spend less time on other projects such as cryptocurrencies
