Property law

Fake clothes and luxury items worth € 16.5 million seized in Spain

Retrieved on: 
Tuesday, August 3, 2021
Intellectual property organizations, Articles, Intellectual property law, Law, Counterfeit, Forgery, Intangible assets, European Union trademark law, Intellectual property, European Union Intellectual Property Office, La Jonquera, Property law

The action day on 21 July 2021 led to:

Key Points: 
  • The action day on 21 July 2021 led to:

    The investigation was triggered in 2019 by a statement from an association of brand representatives.

  • They reported the sale of counterfeit goods in the Spanish towns of La Jonquera and Els Lmits, close to the French-Spanish border.
  • Overall, the clothes, leather accessories and shoes seized during the action day are estimated to be worth 16.5 million.
  • Europols Intellectual Property Crime Coordinated Coalition (IPC3) is co-funded by EUIPO (European Union Intellectual Property Office) to combat intellectual property crime.

Sesen Bio Strengthens Leadership Team as the Company Approaches the Potential Approval and Launch of Vicineum™

Retrieved on: 
Monday, August 2, 2021
Biotechnology, Pharmaceutical, Health, Oncology, Inheritance, Labour law, Property law, Vesting, Law, Private law, Articles

I am delighted to have Amy join the team here at Sesen Bio, said Dr. Thomas Cannell, president and chief executive officer of Sesen Bio.

Key Points: 
  • I am delighted to have Amy join the team here at Sesen Bio, said Dr. Thomas Cannell, president and chief executive officer of Sesen Bio.
  • Under such grants, up to 256,000 shares of Sesen Bio common stock are purchasable upon vesting of the stock options within each options ten-year term.
  • Sesen Bio, Inc. is a late-stage clinical company advancing targeted fusion protein therapeutics for the treatment of patients with cancer.
  • Sesen Bio continues to monitor the rapidly evolving environment regarding the potential impact of the COVID-19 pandemic on the Company.

Two of the Oldest Law Firms in Tampa Bay, Florida Are Joining Forces

Retrieved on: 
Monday, August 2, 2021
Law, Inheritance, Real property law, Estate planning, Property law, Tax avoidance, Taxation in the United States, Probate, Private law, Articles

will be joining them as of August 2, 2021.

Key Points: 
  • will be joining them as of August 2, 2021.
  • This partnership will significantly grow the Firm's practices in the areas of estate planning , probate , real estate , and business law .The following Fisher & Sauls, P.A.
  • attorneys will be joining forces with Battaglia, Ross, Dicus & McQuaid, P.A.
  • : Robert Kapusta (Business, estate planning, real estate), Laurie Valentine (Estate planning and probate), Hunter Rawls (Probate, estate planning and probate litigation), Kenneth "Kip" Thornton (Real estate), and Bruce Marger (Estate planning).

Prospect Capital Funds $202 Million in Senior Secured Floating Rate Term Loans to Progrexion  

Retrieved on: 
Thursday, July 29, 2021
Money, Finance, Loans, Economy, Property law, Bankruptcy, Business law, Credit, Lien, Second lien loan, H.I.G. Capital

NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (Prospect) announced today that Prospect has funded total commitments of $202 million,comprised of a$49 million first lien senior secured floating rate term loan and a$153 million second lien senior secured floating rate term loan to support the refinancing of PGX Holdings, Inc. (Progrexion) a portfolio company of H.I.G.

Key Points: 
  • NEW YORK, July 29, 2021 (GLOBE NEWSWIRE) -- Prospect Capital Corporation (NASDAQ: PSEC) (Prospect) announced today that Prospect has funded total commitments of $202 million,comprised of a$49 million first lien senior secured floating rate term loan and a$153 million second lien senior secured floating rate term loan to support the refinancing of PGX Holdings, Inc. (Progrexion) a portfolio company of H.I.G.
  • This transaction marks the 12th financing for Progrexion since H.I.G.s acquisition in 2010," said Elliot Maluth, Managing Director of H.I.G.
  • Prospect Capital Corporation ( www.prospectcap.com ) is a business development company that focuses on lending to and investing in private businesses.
  • Prospect has elected to be treated as a business development company under the Investment Company Act of 1940 (1940 Act).

Northpath Investments Acquires a 63,200-Square-Foot Light Industrial and R&D Building in Edison, New Jersey

Retrieved on: 
Wednesday, July 28, 2021
Articles, Landlord–tenant law, Business, Business law, Contract law, Lease, Property law, Thomas Edison, Law

EDISON, N.J., July 28, 2021 (GLOBE NEWSWIRE) -- Northpath Investments, (Northpath), recently acquired a fully leased 63,200-square-foot Light Industrial and R&D building leased to a single tenant at 3920 Park Avenue in Edison, New Jersey for $11 million.

Key Points: 
  • EDISON, N.J., July 28, 2021 (GLOBE NEWSWIRE) -- Northpath Investments, (Northpath), recently acquired a fully leased 63,200-square-foot Light Industrial and R&D building leased to a single tenant at 3920 Park Avenue in Edison, New Jersey for $11 million.
  • Michael Klein & Max Custer of JLL represented Northpath in arranging a five-year, fixed-rate loan with Signature Bank for $7.2M.
  • EOS has been a tenant at the building since 2016 and has made considerable financial commitments to the facility including various system upgrades.
  • Northpath focuses on markets within the Northeast and Mid-Atlantic, targeting areas with attractive population density and income levels.

54 Encore RV Resorts and Thousand Trails Campgrounds Earn 2021 Tripadvisor Travelers' Choice Award

Retrieved on: 
Wednesday, July 28, 2021
Outdoor recreation, Travel, Human activities, Backpacking, Camping, Campsite, Property law, TripAdvisor, Thousand Trails

CHICAGO, July 28, 2021 /PRNewswire/ -- Encore RV resorts and Thousand Trails campgrounds , which provide vacationers the opportunity to enjoy the outdoors in top camping and RV resort destinations around the country, announced that 54 of their properties received the 2021 Tripadvisor Travelers' Choice award.

Key Points: 
  • CHICAGO, July 28, 2021 /PRNewswire/ -- Encore RV resorts and Thousand Trails campgrounds , which provide vacationers the opportunity to enjoy the outdoors in top camping and RV resort destinations around the country, announced that 54 of their properties received the 2021 Tripadvisor Travelers' Choice award.
  • Two winners received the award for the first time in 2021, Lake & Shore RV Resort and White Oak Shores .
  • "Having 54 of our properties recognized with the Tripadvisor Travelers' Choice award, with nearly half of them elevated to the Hall of Fame, really sets the value of the customer experience at our RV resorts and campgrounds apart," said Pat Zamora, vice president of marketing for Encore and Thousand Trails.
  • Encore RV resorts and Thousand Trails campgrounds are part of a network of more than 200 RV resorts and campgrounds across North America comprising more than 80,000 sites.

Equipment Leasing and Finance Association’s Survey of Economic Activity: Monthly Leasing and Finance Index

Retrieved on: 
Monday, July 26, 2021
Articles, Business law, Contract law, Landlord–tenant law, Lease, Property law, Law, Business

Total headcount for equipment finance companies was down 13.8 percent year-over-year, a decrease due to significant downsizing at an MLFI reporting company.

Key Points: 
  • Total headcount for equipment finance companies was down 13.8 percent year-over-year, a decrease due to significant downsizing at an MLFI reporting company.
  • Separately, the Equipment Leasing & Finance Foundations Monthly Confidence Index (MCI-EFI) in July is 72.9, an increase from the June index of 71.3.
  • The MLFI-25 measures monthly commercial equipment lease and loan activity as reported by participating ELFA member equipment finance companies representing a cross section of the equipment finance sector, including small ticket, middle-market, large ticket, bank, captive and independent leasing and finance companies.
  • Based on hard survey data, the responses mirror the economic activity of the broader equipment finance sector and current business conditions nationally.

Affinor Announces Stock Option Grants

Retrieved on: 
Monday, July 26, 2021
Options, Private law, Law, Inheritance, Labour law, Property law, Vesting, OTC Markets Group, Exercise, Cannabis, Articles

VANCOUVER, British Columbia, July 26, 2021 (GLOBE NEWSWIRE) -- Affinor Growers Inc. (“Affinor” or the “Company”) (CSE: AFI) (OTCQB: RSSFF) announces that it has granted an aggregate of 6,500,000 stock options (the “Options”) to directors, consultants, and an officer of the Company to purchase 6,500,000 common shares (the “Shares”) in the capital of the Company pursuant to the Company’s share option plan. The Options are exercisable at an exercise price of $0.04 per Share for a period of ten (10) years from the date of grant. The Options are subject to vesting periods over the course of the term of the Options.

Key Points: 
  • The Options are exercisable at an exercise price of $0.04 per Share for a period of ten (10) years from the date of grant.
  • The Options are subject to vesting periods over the course of the term of the Options.
  • Affinor is a publicly traded company listed on the CSE under the symbol AFI and on the OTCQB under the symbol RSSFF.
  • Affinor is focused on developing vertical farming technologies and using those technologies to grow fruits, vegetables, and cannabis in a sustainable manner.

Brooklyn Immuno Reports Inducement Grants

Retrieved on: 
Friday, July 23, 2021
Labour law, Inheritance, Property law, Vesting, Terminate, Termination, Employment, Law, Private law, Articles

The unvested portion of the RSU and the Time-Based Option will terminate upon the termination of Mr. Sials employment with Brooklyn for any reason, subject to certain vesting acceleration provisions upon a qualifying termination, as described in his employment agreement with Brooklyn.

Key Points: 
  • The unvested portion of the RSU and the Time-Based Option will terminate upon the termination of Mr. Sials employment with Brooklyn for any reason, subject to certain vesting acceleration provisions upon a qualifying termination, as described in his employment agreement with Brooklyn.
  • Both of the equity awards described above were granted pursuant to the Companys 2021 Inducement Stock Incentive Plan, which was not subject to stockholder approval.
  • Brooklyn is focused on exploring the role that cytokine, gene editing, and cell therapy can have in treating patients with cancer, blood disorders, and monogenic diseases.
  • For more information about Brooklyn and its clinical programs, please visit www.BrooklynITx.com.

Arena Pharmaceuticals Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)

Retrieved on: 
Thursday, July 22, 2021
Biotechnology, General Health, Pharmaceutical, Health, Private law, Law, Contract law, Inheritance, Labour law, Property law, Vesting, Option, NASDAQ, Articles

The inducement stock options and RSUs have a grant date and vesting commencement date of July 16, 2021 and were granted as inducements material to the new employees entering employment with Arena in accordance with Nasdaq Listing Rule 5635(c)(4).

Key Points: 
  • The inducement stock options and RSUs have a grant date and vesting commencement date of July 16, 2021 and were granted as inducements material to the new employees entering employment with Arena in accordance with Nasdaq Listing Rule 5635(c)(4).
  • The inducement stock options and inducement RSUs are subject to the terms and conditions of Arena's Amended and Restated 2021 Long-Term Incentive Plan.
  • ARENA Pharmaceuticals is a team with a singular purpose deliver important medicines to patients.
  • Arena disclaims any intent or obligation to update these forward-looking statements, other than as may be required under applicable law.