peHUB First Read

* At startups, boards spar over cash plans. * Huntsman vs. Hexion, Part XVI!QX!$: A Texas court rules that Huntsman Corp. can go forward with its multibillion dollar lawsuit against Credit Suisse and Deutsche Bank, related to Huntsman's failed takeover by Apollo portfolio company Hexion. * Morning Call: U.S. futures signal rebound, London stumbles early, European shares flatten, the Nikkei slides 1.6% and Hong Kong makes a small climb. * Goldman Sachs "agreed to reduce the size of subprime loans for some 700 Massachusetts homeowners by up to 35 percent." The deal is worth around $60 million. * Peter Rip: What venture capital can teach corporate America. * Bernie gets a cellie: Manhattan uber-attorney Marc Drier pleads guilty to investment fraud.