Counterclaim

Hut 8 provides update on North Bay Facility

Retrieved on: 
Mardi, février 21, 2023
Action Replay, Hut 8, Fatal Five, TSX, Mining, Food delivery, Counterclaim

TORONTO, Feb. 21, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company") announces that it received the Statement of Defence and Counterclaim (the "Counterclaim") of Validus Power Corp. and its subsidiary, Bay Power Corp. (collectively, "Validus").

Key Points: 
  • TORONTO, Feb. 21, 2023 /PRNewswire/ - Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company") announces that it received the Statement of Defence and Counterclaim (the "Counterclaim") of Validus Power Corp. and its subsidiary, Bay Power Corp. (collectively, "Validus").
  • The Counterclaim relates to the Company's ongoing dispute with Validus in respect of Validus' failure to meet its contractual obligations under the power purchase agreement it entered into with the Company as well as the associated lease between the Company and Validus at the Company's mining facility in North Bay, Ontario.
  • The Company considers the Counterclaim to be without sufficient merit and will vigorously defend all of the claims in the Counterclaim.
  • As the matter is now before the court, Hut 8 does not intend to make additional comments on this subject unless otherwise determined to be appropriate.

Hut 8 provides update on North Bay Facility

Retrieved on: 
Mardi, février 21, 2023
Action Replay, Hut 8, Fatal Five, TSX, Mining, Food delivery, Counterclaim

TORONTO, Feb. 21, 2023 /PRNewswire/ -- Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company") announces that it received the Statement of Defence and Counterclaim (the "Counterclaim") of Validus Power Corp. and its subsidiary, Bay Power Corp. (collectively, "Validus").

Key Points: 
  • TORONTO, Feb. 21, 2023 /PRNewswire/ -- Hut 8 Mining Corp. (Nasdaq: HUT) (TSX: HUT) ("Hut 8" or the "Company") announces that it received the Statement of Defence and Counterclaim (the "Counterclaim") of Validus Power Corp. and its subsidiary, Bay Power Corp. (collectively, "Validus").
  • The Counterclaim relates to the Company's ongoing dispute with Validus in respect of Validus' failure to meet its contractual obligations under the power purchase agreement it entered into with the Company as well as the associated lease between the Company and Validus at the Company's mining facility in North Bay, Ontario.
  • The Company considers the Counterclaim to be without sufficient merit and will vigorously defend all of the claims in the Counterclaim.
  • As the matter is now before the court, Hut 8 does not intend to make additional comments on this subject unless otherwise determined to be appropriate.

German Court Rules that Gilead’s Sofosbuvir Infringes NuCana’s ‘190 Patent

Retrieved on: 
Lundi, juillet 11, 2022
Politics of Poland, Private Securities Litigation Reform Act, Terminology, Sofosbuvir, U.S. Securities and Exchange Commission, Judgement, Protide, Company, Goal, Forward-looking statement, Counterclaim, Gilead Sciences, Cancer, NCNA, Sale, GLOBE, Patient, European Patent Convention, SEC, Court, EPO, UC, Security (finance), NASDAQ, Pharmaceutical industry

This judgement follows Gileads unsuccessful challenge to the validity of NuCanas 190 patent at the Opposition Division of the European Patent Office in 2021.

Key Points: 
  • This judgement follows Gileads unsuccessful challenge to the validity of NuCanas 190 patent at the Opposition Division of the European Patent Office in 2021.
  • By reference to the appeal pending before the EPO, Gilead also attempted to challenge the validity of the 190 patent in the German litigation.
  • However, the Court rejected each and every one of Gileads claims and fully endorsed the decision by the Opposition Division.
  • NuCanas patent filing, which was invented by Professor Chris McGuigan, precedes Gileads first filing date on its Sovaldi patents by several years.

Law Firm Argues That Wyndham Violates Antitrust Laws

Retrieved on: 
Jeudi, juillet 1, 2021
Wyndham, Wyndham family, Timeshare, Counterclaim, Competition law, Companies

M&N Law is a law firm that assists timeshare owners who are unhappy with their timeshares.

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Micromem Update: Steve Van Fleet Action Against Micromem Dismissed; Court Awards Damages to Micromem

Retrieved on: 
Mardi, juin 29, 2021
Civil law, Counterclaim, Cause of action, Fiduciary, Law

Toronto, Ontario and New York, New York--(Newsfile Corp. - June 29, 2021) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") provides the following update:

Key Points: 
  • Toronto, Ontario and New York, New York--(Newsfile Corp. - June 29, 2021) - Micromem Technologies Inc. (CSE: MRM) (OTCQB: MMTIF) ("Micromem") ("the Company") provides the following update:
    On October 16, 2018, Steven Van Fleet commenced an action against Micromem and its subsidiary Micromem Applied Sensor Technologies, Inc. ("MAST") alleging breach of Mr. Van Fleet's consulting contract.
  • Micromem and MAST denied the allegations in their answer to the complaint and interposed several counterclaims against Mr. Van Fleet, which included breach of fiduciary and conversion.
  • On April 29, 2021, the Court dismissed Mr. Van Fleet's claims, found that he was liable to Micromem and MAST on their counterclaims, and ordered an inquest hearing to determine damages.
  • On June 29, 2021, the Court entered a judgment in favor of Micromem and MAST and against Van Fleet, in the total amount of US$1,051,739.83.

Classic Refrigeration SoCal Files Legal Action in Federal Court Against Hillphoenix, a Dover Subsidiary, Charging Retaliation

Retrieved on: 
Mardi, septembre 15, 2020
Legal, Professional services, Heating, ventilating, and air conditioning, Food preservation, Refrigeration, Thermodynamics, Rogers, Counterclaim, Physical sciences, Natural sciences, Chemistry

The counterclaim is on behalf of David Rogers, a former executive of Hillphoenix, and his newly formed company California-based Classic Refrigeration SoCal (Classic), a startup refrigeration services company established in 2019.

Key Points: 
  • The counterclaim is on behalf of David Rogers, a former executive of Hillphoenix, and his newly formed company California-based Classic Refrigeration SoCal (Classic), a startup refrigeration services company established in 2019.
  • The counterclaim was prompted as Hillphoenix filed a retaliatory lawsuit against Rogers, Classic and Thomas David Lowe, another principal of Classic.
  • Rogers resigned from Hillphoenix in early 2019 to open Classic Refrigeration SoCal, and Lowe joined Classic in March.
  • For Dave Rogers, Classic Refrigeration SoCal Founder and a veteran in the close-knit refrigeration business, the charges from his former employer run counter to free enterprise.

Texas Federal Judge Unseals Whistleblower Case Against Building Materials Company

Retrieved on: 
Mardi, mai 12, 2020
Anti-corporate activism, Freedom of expression, Freedom of speech, Labour law, Political terminology, Whistleblower, Sarbanes–Oxley Act, Pental, Counterclaim, Lawsuit, Human rights, United States federal legislation

DALLAS, May 12, 2020 /PRNewswire/ -- U.S. District Court Judge Sam A. Lindsay has unsealed the case file of a whistleblower who was being sued by his former employer, a large publicly traded building materials company.

Key Points: 
  • DALLAS, May 12, 2020 /PRNewswire/ -- U.S. District Court Judge Sam A. Lindsay has unsealed the case file of a whistleblower who was being sued by his former employer, a large publicly traded building materials company.
  • After Mr. Pental filed his counterclaims, he moved to unseal his case, while SIC asked the court to keep the case sealed from public view.
  • The court, after finding that SIC had failed to make an adequate showing of how litigating the case in public would harm the company, went on to unseal the entire case.
  • "SIC counsel raced to the courthouse to file a case against Mr. Pental to ensure that his Sarbanes-Oxley Act whistleblower claim would be put under seal.

Navidea Biopharmaceuticals Obtains Partial Dismissal of Claims in New York

Retrieved on: 
Lundi, décembre 30, 2019
Health, Genetics, Research, Pharmaceutical, Science, Biotechnology, Civil law, Counterclaim, Goldberg, Wrongful dismissal, Cause of action

The Court found that certain portions of Dr. Goldbergs counterclaims against Navidea and third-party claims against Macrophage failed to state a claim upon which relief can be granted.

Key Points: 
  • The Court found that certain portions of Dr. Goldbergs counterclaims against Navidea and third-party claims against Macrophage failed to state a claim upon which relief can be granted.
  • The Court also rejected Dr. Goldbergs claim for wrongful termination as Chief Executive Officer of MT.
  • The Court stated that both Navidea and Dr. Goldberg may file motions for leave to amend by January 31, 2020.
  • Navidea Biopharmaceuticals, Inc. (NYSE American: NAVB) is a biopharmaceutical company focused on the development of precision immunodiagnostic agents and immunotherapeutics.

ThermoLife Awarded Nearly $1.7 Million Dollars in Lawsuit Against MusclePharm

Retrieved on: 
Mardi, décembre 17, 2019
Bodybuilding, MusclePharm, Nutrition, Service industries, Kasowitz Benson Torres, Health, Lawsuit, Counterclaim, Attorney's fee, Damages

MusclePharm was represented in the lawsuit by the New York law firm of Kasowitz Benson Torres.

Key Points: 
  • MusclePharm was represented in the lawsuit by the New York law firm of Kasowitz Benson Torres.
  • MusclePharm, and its New York attorneys, defended the case vigorously, with MusclePharm asserting a counterclaim against ThermoLife claiming over $5,000,000 in damages.
  • I told MusclePharm that if they didn't accept my proposed business solution, ThermoLife would sue MusclePharm and see the lawsuit through to the end and that ThermoLife would be awarded its attorneys' fees for having to chase MusclePharm to get paid.
  • Instead of paying ThermoLife just $719,000 in 2016, MusclePharm now owes ThermoLife just under $1.7 million dollars, and of course that figure doesn't include any of MusclePharm's ownlegal fees.

Full Spectrum Nutrition, a Colorado Hemp CBD Company, Fights Back to Clear Its Good Name

Retrieved on: 
Mardi, octobre 30, 2018
Financial services, Media in Denver, Westword, Fortis, Counterclaim, Lawsuit, Finance, Banks

A local Denver newspaper known as Westword published an article on the topic, which can be found here: http://www.westword.com/news/cbd-lawsuit-in-colorado-claims-counterclaim... .

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