Legal entities

Schulte Roth & Zabel, Activist Insight and Okapi Partners Release Shareholder Activism Insight

Thursday, November 19, 2020 - 11:39pm

Schulte Roth & Zabel (SRZ), a market-leading law firm serving the financial services industry, today announced key findings from its November 2020 Shareholder Activism Insight report, published in association with Activist Insight and Okapi Partners.

Key Points: 
  • Schulte Roth & Zabel (SRZ), a market-leading law firm serving the financial services industry, today announced key findings from its November 2020 Shareholder Activism Insight report, published in association with Activist Insight and Okapi Partners.
  • Ele Klein and Marc Weingarten, SRZ partners and co-chairs of the firms global Shareholder Activism Group, contributed expert commentary.
  • We are delighted to partner with Activist Insight and Okapi Partners to release the latest Shareholder Activism Insight report, said David Efron, SRZ co-managing partner and co-head of the Investment Management Group.
  • Just like everything else in 2020, the environment for shareholder activism changed in numerous ways, said Bruce H. Goldfarb, president and CEO of Okapi Partners.

Buxton & Collie Promotes New Partner for Business Law

Thursday, November 19, 2020 - 5:41pm

PLEASANT, S.C., Nov. 19, 2020 /PRNewswire/ --Buxton & Collie, LLC, is excited to announce the promotion of Nathan D. Johnson, the latest partner of this successful law firm.

Key Points: 
  • PLEASANT, S.C., Nov. 19, 2020 /PRNewswire/ --Buxton & Collie, LLC, is excited to announce the promotion of Nathan D. Johnson, the latest partner of this successful law firm.
  • Johnson focuses on business law and plays an active role in both the legal and local non-profit communities.
  • Buxton & Collie, LLC, is a local transactional law firm dedicated to serving individuals and businesses alike.
  • Their practice areas include Business and Corporate Law, Real Estate Law, Estate Planning, Private Equity, Tax Planning and more.

WPT Industrial Real Estate Investment Trust Announces November 2020 Distribution

Thursday, November 19, 2020 - 4:49pm

TORONTO, Nov. 19, 2020 (GLOBE NEWSWIRE) -- WPT Industrial Real Estate Investment Trust (the REIT) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of November 2020 of US$0.0633 per unit.

Key Points: 
  • TORONTO, Nov. 19, 2020 (GLOBE NEWSWIRE) -- WPT Industrial Real Estate Investment Trust (the REIT) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of November 2020 of US$0.0633 per unit.
  • The distribution will be payable on December 15, 2020 to unitholders of record as of the close of business on November 30, 2020.
  • Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax.
  • WPT Industrial Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario.

Hugoton Royalty Trust Declares No November Cash Distribution

Thursday, November 19, 2020 - 2:30pm

Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.

Key Points: 
  • Because of this, sales volumes may fluctuate from month to month based on the timing of cash receipts.
  • The expense reserve used to pay administrative expenses in the absence of current month distributions was depleted in October 2020.
  • As a result, Simmons Bank, as Trustee of Hugoton Royalty Trust, is currently paying the expenses for the Trust, subject to its rights to be indemnified and reimbursed pursuant to the terms of the Trust indenture.
  • Any material sale of assets and/or termination of the Trust requires at least 80% unitholder approval.

San Juan Basin Royalty Trust Declares Cash Distribution for November 2020

Thursday, November 19, 2020 - 2:00pm

BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the Trust) (NYSE:SJT), today declared a monthly cash distribution to the holders of its Units of beneficial interest (the Unit Holders) of $1,277,407.59 or $0.027407 per Unit, based primarily upon production during the month of September 2020, subject to certain adjustments by the owner of the Trusts subject interests, Hilcorp San Juan L.P. (Hilcorp), for prior months.

Key Points: 
  • BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the Trust) (NYSE:SJT), today declared a monthly cash distribution to the holders of its Units of beneficial interest (the Unit Holders) of $1,277,407.59 or $0.027407 per Unit, based primarily upon production during the month of September 2020, subject to certain adjustments by the owner of the Trusts subject interests, Hilcorp San Juan L.P. (Hilcorp), for prior months.
  • The distribution is payable December 14, 2020, to Unit Holders of record as of November 30, 2020.
  • Based upon information provided to the Trust by Hilcorp, gas production for the subject interests totaled 2,218,752 Mcf (2,465,280 MMBtu) for September 2020, as compared to 2,598,335 Mcf (2,887,039 MMBtu) for August 2020.
  • Forward-looking statements and the business prospects of San Juan Basin Royalty Trust are subject to a number of risks and uncertainties that may cause actual results in future periods to differ materially from the forward-looking statements.

SHAREHOLDER ALERT: WeissLaw LLP Reminds GLIBA and EV Shareholders About Its Ongoing Investigations

Thursday, November 19, 2020 - 12:40am

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GCI Liberty, Inc. (NASDAQ: GLIBA)in connection with the proposed acquisition of the company by Liberty Broadband Corporation.

Key Points: 
  • WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of GCI Liberty, Inc. (NASDAQ: GLIBA)in connection with the proposed acquisition of the company by Liberty Broadband Corporation.
  • Under the terms of the transaction, Series A GLIBA shareholders will receive 0.580 shares of Liberty Broadband Corporation's Series C common stock for each share of GLIBA Series A common stock that they own.
  • If you own GLIBA shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/gci-liberty-inc/
    WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Eaton Vance Corp.(NYSE: EV)in connection with the proposed acquisition of the company by Morgan Stanley.
  • Under the terms of the agreement, EV shareholders will receive $28.25 and 0.5833 shares of Morgan Stanley common stock for each share of EV held, representing implied per-share merger consideration of $62.55 based upon Morgan Stanley's November 17, 2020 closing price of $58.81.If you own EV shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: http://www.weisslawllp.com/ev/
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Halper Sadeh LLP Announces it is Investigating the Following Mergers; Shareholders are Encouraged to Contact the Firm – PNM, STND, CBMG, CGIX

Wednesday, November 18, 2020 - 1:00pm

If you are a Standard AVB shareholder, click on this link to learn more about your legal rights and options: https://halpersadeh.com/actions/standard-avb-financial-corp-stnd-merger-... .

Key Points: 
  • If you are a Standard AVB shareholder, click on this link to learn more about your legal rights and options: https://halpersadeh.com/actions/standard-avb-financial-corp-stnd-merger-... .
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Halper Sadeh LLP Investigates the Following Mergers; Shareholders are Encouraged to Contact the Firm – IPHI, XLNX, WTRE, CXO

Wednesday, November 18, 2020 - 1:00pm

If you are a Xilinx shareholder, click on this link to learn more about your legal rights and options: https://halpersadeh.com/actions/xilinx-inc-xlnx-stock-merger-amd/ .

Key Points: 
  • If you are a Xilinx shareholder, click on this link to learn more about your legal rights and options: https://halpersadeh.com/actions/xilinx-inc-xlnx-stock-merger-amd/ .
  • Halper Sadeh LLP may seek increased consideration, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
  • Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options.
  • Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct.

Martin Midstream Partners L.P. Announces Participation in the RBC Capital Markets Midstream and Energy Infrastrucure Virtual Conference

Tuesday, November 17, 2020 - 9:00pm

KILGORE, Texas, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (NASDAQ: MMLP) (MMLP or the Partnership) announced today that members of executive management will participate in the 2020 RBC Capital Markets Midstream and Energy Infrastructure Virtual Conference on November 18-19, 2020.

Key Points: 
  • KILGORE, Texas, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Martin Midstream Partners L.P. (NASDAQ: MMLP) (MMLP or the Partnership) announced today that members of executive management will participate in the 2020 RBC Capital Markets Midstream and Energy Infrastructure Virtual Conference on November 18-19, 2020.
  • A copy of the Partnerships presentation will be available by visiting the Partnerships website at www.MMLP.com .
  • Martin Midstream Partners L.P.is a publicly traded limited partnership with a diverse set of operations focused primarily in theUnited States Gulf Coastregion.
  • Additional information concerning Martin Midstream is available on its website at www.MMLP.com , or by contacting:

Norton Rose Fulbright appoints Richard Krumholz as Global Head of Litigation and Disputes

Monday, November 16, 2020 - 3:18pm

Dallas, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Norton Rose Fulbrights Global Chief Executive Gerry Pecht today appointed Richard Krumholz as the law firms new Global Head of Litigation and Disputes.

Key Points: 
  • Dallas, Texas, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Norton Rose Fulbrights Global Chief Executive Gerry Pecht today appointed Richard Krumholz as the law firms new Global Head of Litigation and Disputes.
  • Steve Jansma, the firms US Head of Products, Pharma, Medical and Mass Tort, assumes the role of US Co-Head of Litigation and Disputes alongside Krumholz.
  • Norton Rose Fulbright advises many of the worlds largest corporations and financial institutions on complex, high-value and sensitive multijurisdictional disputes.
  • Norton Rose Fulbright Verein, a Swiss verein, helps coordinate the activities of Norton Rose Fulbright members but does not itself provide legal services to clients.