Assignment

SNDL and Nova Cannabis Complete the Assignment of Dutch Love Stores to Nova Cannabis

Retrieved on: 
木曜日, 5月 9, 2024

CALGARY, AB, May 9, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") today announced that they have completed the assignment of SNDL's rights to own or operate four Dutch Love stores (the "Dutch Love Stores") to Nova (the "Assignment"), upon the terms announced on April 1, 2024.

Key Points: 
  • CALGARY, AB, May 9, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") today announced that they have completed the assignment of SNDL's rights to own or operate four Dutch Love stores (the "Dutch Love Stores") to Nova (the "Assignment"), upon the terms announced on April 1, 2024.
  • "We are excited to transition these stores to the Value Buds banner, marking our entry into the B.C.
  • As consideration for the Assignment, Nova issued to SNDL $8.179 million of Nova shares based on the 20-day VWAP of the Nova shares on March 28, 2024.
  • The addition of the Dutch Love Stores brings Nova's total store count to 99 and SNDL's direct and indirect cannabis store count across all retail banners to 188.

Automate Claims Processes with Claimatic’s New Guidewire Cloud Integration

Retrieved on: 
火曜日, 4月 16, 2024

Insurers can set unlimited custom parameters to nimbly manage claims assignments, allowing for strategic use of available resources with reduced complexity.

Key Points: 
  • Insurers can set unlimited custom parameters to nimbly manage claims assignments, allowing for strategic use of available resources with reduced complexity.
  • Claimatic’s integration enables ClaimCenter FNOL data to move from ClaimCenter to Claimatic and Claimatic’s optimal claims assignment to move from Claimatic back to ClaimCenter.
  • “Claimatic’s integration for ClaimCenter brings together two best-in-class, cloud-native technologies to simplify implementation for insurers,” said Larry Cochran, Chief Executive Officer, Claimatic.
  • “Claimatic’s technology delivers accurate, fast claims triage and assignment that can enhance operational efficiency and improve claims outcomes for both insurers and claimants.”

China’s Interim Measures for the Management of Generative AI Services: A Comparison Between the Final and Draft Versions of the Text

Retrieved on: 
火曜日, 4月 23, 2024

Authors: Yirong Sun and Jingxian Zeng Edited by Josh Lee Kok Thong (FPF) and Sakshi Shivhare (FPF) The following is a guest post to the FPF blog by Yirong Sun, research fellow at the New York University School of Law Guarini Institute for Global Legal Studies at NYU School of Law: Global Law & Tech [?]

Key Points: 


Authors: Yirong Sun and Jingxian Zeng Edited by Josh Lee Kok Thong (FPF) and Sakshi Shivhare (FPF) The following is a guest post to the FPF blog by Yirong Sun, research fellow at the New York University School of Law Guarini Institute for Global Legal Studies at NYU School of Law: Global Law & Tech [?]

Resolution Financial Advisors Launches Distressed Advisory Firm

Retrieved on: 
月曜日, 4月 8, 2024

LOS ANGELES, April 8, 2024 /PRNewswire/ -- Introducing Resolution Financial Advisors LLC (Resolution), poised to redefine industry standards with its launch on April 8, 2024. Aptly capturing their mission, "The New Standard in Distressed Asset Resolution," Resolution is dedicated to providing unparalleled strategy and execution for Boards, lenders, and investors navigating the complexities of distressed portfolio companies. Whether seeking a wind down, insolvency, or value recovery process, Resolution is committed to delivering exceptional results.

Key Points: 
  • Partners Bring Depth of Experience in Guiding Boards, Lenders and Investors
    LOS ANGELES, April 8, 2024 /PRNewswire/ -- Introducing Resolution Financial Advisors LLC (Resolution), poised to redefine industry standards with its launch on April 8, 2024.
  • Aptly capturing their mission, "The New Standard in Distressed Asset Resolution," Resolution is dedicated to providing unparalleled strategy and execution for Boards, lenders, and investors navigating the complexities of distressed portfolio companies.
  • Resolution specializes in a variety of financial and legal tools including Assignments for the Benefit of Creditors ("ABCs"), foreclosures, receiverships, and federal bankruptcy proceedings.
  • Resolution Financial Advisors will be holding a launch event alongside the American Bankruptcy Institute Annual Spring Meeting at the Marriott Marquis Hotel in Washington, D.C. on April 19.

Ocho Candy, Inc. Executes Assignment for the Benefit of Creditors, Initiates Sale of Intellectual Property & Proprietary Recipes

Retrieved on: 
木曜日, 4月 4, 2024

The Company was an organic chocolate confection manufacturer that operated out of Oakland, California until 2021 when it outsourced its manufacturing operations.

Key Points: 
  • The Company was an organic chocolate confection manufacturer that operated out of Oakland, California until 2021 when it outsourced its manufacturing operations.
  • Due to the COVID-19 pandemic, the company continued to be unprofitable, with no clear path to profitability.
  • In early 2024, Ocho made the decision to shut down operations permanently and entered into the Assignment for the benefit of creditors.
  • The Assignee has begun the process of marketing and selling off the intellectual property including the Company’s proprietary recipes as listed below:

Novo Integrated Sciences Provides Update on Certain Current Actions and Events

Retrieved on: 
火曜日, 3月 26, 2024

2:19-cv-04299 VAP (JPRx) to acquire a certain collection of 43 gemstones, 42 of which are certified by the Gemological Institute of America, (the “Ophir Collection”), for $60,000,000.

Key Points: 
  • 2:19-cv-04299 VAP (JPRx) to acquire a certain collection of 43 gemstones, 42 of which are certified by the Gemological Institute of America, (the “Ophir Collection”), for $60,000,000.
  • On December 1, 2023, the Court approved the Ophir Agreement.
  • Within two business days following the Company’s execution of the Ophir Agreement, the Company was required to, and did, deposit $25,000 with the Successor Receiver.
  • The UCC-3 filing provides for the partial assignment and transfer of the full face-value of the Bond to Novo for a maximum term of 15-years without the benefit of annual interest.

SNDL and Nova Cannabis Announce Assignment of Dutch Love Stores to Nova Cannabis and Extension of Credit Facility

Retrieved on: 
火曜日, 4月 2, 2024

CALGARY, AB, April 1, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") announced today that SNDL has agreed to assign its rights to own or operate four Dutch Love stores (the "Dutch Love Stores") to Nova (the "Assignment").

Key Points: 
  • CALGARY, AB, April 1, 2024 /PRNewswire/ - SNDL Inc. (Nasdaq: SNDL) ("SNDL") and Nova Cannabis Inc. (TSX: NOVC) ("Nova") announced today that SNDL has agreed to assign its rights to own or operate four Dutch Love stores (the "Dutch Love Stores") to Nova (the "Assignment").
  • "SNDL remains committed to strengthening Nova's retail position and the sustainability of its capital structure, as underscored by the extension of the credit facility," said Zach George, CEO of SNDL.
  • Pursuant to the Assignment, Nova shall issue to SNDL $8.179 million of Nova shares based on the 20-day VWAP of the Nova shares on March 28, 2024.
  • "The updates announced further solidify SNDL's continued support of Nova's growth trajectory," said Anne Fitzgerald, lead independent director of Nova.

Aptorum Group Ltd Announces Entering into an Agreement and Plan of Merger with YOOV Group Holding Ltd and a Split-off Agreement to Separate its Legacy Business

Retrieved on: 
水曜日, 3月 6, 2024

Aptorum Group Limited (Nasdaq: APM), a clinical stage biopharmaceutical company (“Aptorum”), and privately-held YOOV Group Holding Ltd. (“YOOV”) jointly announced today that they entered into an Agreement and Plan of Merger (as it may be amended from time to time, the “Merger Agreement”).

Key Points: 
  • Aptorum Group Limited (Nasdaq: APM), a clinical stage biopharmaceutical company (“Aptorum”), and privately-held YOOV Group Holding Ltd. (“YOOV”) jointly announced today that they entered into an Agreement and Plan of Merger (as it may be amended from time to time, the “Merger Agreement”).
  • The Merger Agreement was approved by Aptorum’s and YOOV’s boards of directors (each board of directors, the “Board”), respectively.
  • The Separation will become effective immediately following completion of the Merger.
  • "This transaction marks a significant milestone for YOOV Group Holding, and we are thrilled about the immense opportunities it brings.

Medaptus Announces The Queen's Health System chooses Assign to Transform their Patient Assignment Process

Retrieved on: 
火曜日, 2月 6, 2024

BOSTON, Feb. 6, 2024 /PRNewswire/ -- Medaptus, a leading healthcare provider of healthcare technology solutions, is pleased to announce that The Queen's Health System, the largest private non-profit hospital in Hawaii, has chosen Medaptus' Assign software to improve their patient assignment process. This collaboration will drastically reduce the cumbersome, manual work hospitalists used to do in order to create daily patient assignments.

Key Points: 
  • Medaptus' Assign Software Automates the Process of Creating Daily Patient Assignments Ensuring Fair, Balanced Provider Workloads
    BOSTON, Feb. 6, 2024 /PRNewswire/ -- Medaptus, a leading healthcare provider of healthcare technology solutions, is pleased to announce that The Queen's Health System, the largest private non-profit hospital in Hawaii, has chosen Medaptus' Assign software to improve their patient assignment process.
  • Medaptus' Assign software is the industry's only EHR-integrated patient assignment solution, which automates and optimizes even the most complex patient assignment process.
  • With this new partnership, The Queen's Health System transforms their time-consuming, manual patient assignment process to an automated process that creates the daily assignments in just a few steps each morning.
  • We look forward to a successful partnership and making a positive impact on the healthcare experience at The Queen's Health System."

Xactly Unveils Four New Innovations to Supercharge Sales Performance and Revenue Intelligence

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火曜日, 11月 28, 2023

SAN JOSE, Calif., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Xactly , a provider of intelligent revenue solutions, today announced four new innovations as part of the Fall ‘23 release, aimed at enhancing agility in Sales Performance Management (SPM) and Revenue Intelligence.

Key Points: 
  • SAN JOSE, Calif., Nov. 28, 2023 (GLOBE NEWSWIRE) -- Xactly , a provider of intelligent revenue solutions, today announced four new innovations as part of the Fall ‘23 release, aimed at enhancing agility in Sales Performance Management (SPM) and Revenue Intelligence.
  • Expanding on the recently announced Xactly Extend, Next-Gen Calculation Engine, and Advanced Pipeline Analytics, these additions underscore Xactly’s ongoing dedication to delivering innovative solutions for its customers.
  • Operational Reporting enables users to seamlessly integrate extensive data into reports and dashboards, whether sourced from Xactly or external platforms, to improve reporting flexibility.
  • Recognizing the diversity of user requirements, persona-based Workspaces delivers the necessary flexibility for businesses to optimize and streamline their most intricate processes.