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LSDefine

Simple English definitions for legal terms

Raider

Read a random definition: Individuals with Disabilities Education Act

A quick definition of Raider:

A raider is someone who tries to take control of a company by buying enough shares to have the most power. They usually target companies that have valuable things, like property or money. Once they have control, they might sell off parts of the company to make money.

A more thorough explanation:

Definition: A raider is a person or company that tries to take over another company by buying enough shares to gain control. Raiders usually target companies that have valuable assets and then sell those assets for a profit.

Examples:

  • Carl Icahn is a well-known raider who has attempted hostile takeovers of companies like TWA and Texaco.
  • In the 1980s, the corporate raider Ivan Boesky made a fortune by buying up shares of companies like Gulf Oil and then selling them for a profit.

These examples illustrate how raiders use their financial resources to gain control of companies and then break them up to make a profit. They often target companies that are undervalued or have valuable assets that can be sold off for a profit.

Racketeering | rainmaker

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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