Order

U.S. Bankruptcy Court Issues Ruling in Favor of BYJU’s Term Loan Lenders

Retrieved on: 
Friday, March 15, 2024
Professional Services, Business, Legal, Finance, Banking, Accounting, Order, Defendant, Divya, Student, United States bankruptcy court, Bankruptcy, Court, The Honourable, LP

The Court also found that Byju Raveendran and Divya Gokulnath are working in concert with the Defendants and ordered them to comply with its ruling.

Key Points: 
  • The Court also found that Byju Raveendran and Divya Gokulnath are working in concert with the Defendants and ordered them to comply with its ruling.
  • In making its ruling, the Court confirmed that the transfer of funds from BYJU’s Alpha, and their continued concealment, likely constitutes a fraudulent conveyance.
  • Relevant commentary from the Judge included:
    “The fact that the parent company is attempting to hide where the assets are is huge.
  • Morton was also ordered to pay a fine of $10,000 per day until he complies with the Court’s Order.

Manufacturing PMI® at 50.3%; March 2024 Manufacturing ISM® Report On Business®

Retrieved on: 
Monday, April 1, 2024
Heated tobacco product, Customer, Commodity, Backlog, Drink, Growth, Transport, USB On-The-Go, Electronic Products, Business, Component, Employment, Order, Fiore, Acquisition, Rest, Wood, Overalls, Wind, Metal, Plastic, Semiconductor, GDP, Gross domestic product, Textile manufacturing, Optimism, CPSM, Appliance, Computer, Production

TEMPE, Ariz., April 1, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector expanded in March after contracting for 16 consecutive months, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.

Key Points: 
  • TEMPE, Ariz., April 1, 2024 /PRNewswire/ -- Economic activity in the manufacturing sector expanded in March after contracting for 16 consecutive months, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®.
  • (A Manufacturing PMI® above 42.5 percent, over a period of time, generally indicates an expansion of the overall economy.)
  • The Prices Index registered 55.8 percent, up 3.3 percentage points compared to the reading of 52.5 percent in February.
  • "The Supplier Deliveries Index figure of 49.9 percent is 0.2 percentage point lower than the 50.1 percent recorded in February.

Monteverde & Associates PC and Kahn Swick & Foti LLC Announce Proposed Class Action Settlement on Behalf of All Owners of Harvest Capital Credit Corporation Common Stock

Retrieved on: 
Wednesday, March 27, 2024
Order, Justice Center, ALL, Lis pendens, TIME, Prejudice, Class, Episcopal conference, THIS, HCAP, Calendar, Documentation, Internet, CLASS, Settlement, COMMON, Stipulation, HARVEST, Plaintiff, Address, Judgement, Hearing, Insurance

The purpose of this notice (the "Summary Notice") is to inform you of: (i) the class action lawsuit captioned In re Harvest Capital Credit Corporation Stockholder Litigation, pending in the Court of Chancery of the State of Delaware (the "Court") with Civil Action Number 2021-0164-JTL (the "Action"); (ii) the proposed settlement of this Action (the "Settlement") between Plaintiffs and Defendants; and (iii) the hearing to be held by the Court in connection with the proposed Settlement.

Key Points: 
  • The purpose of this notice (the "Summary Notice") is to inform you of: (i) the class action lawsuit captioned In re Harvest Capital Credit Corporation Stockholder Litigation, pending in the Court of Chancery of the State of Delaware (the "Court") with Civil Action Number 2021-0164-JTL (the "Action"); (ii) the proposed settlement of this Action (the "Settlement") between Plaintiffs and Defendants; and (iii) the hearing to be held by the Court in connection with the proposed Settlement.
  • If you have not received a detailed Notice of Pendency of Stockholder Class Action and Proposed Settlement, Settlement Hearing, and Right to Appear ("Notice"), you may obtain copies by writing to Harvest Capital Credit Corporation Stockholder Litigation, c/o Claims Administrator, P.O.
  • Box 4620, Portland, OR 97208-4620, 1-855-604-1813, or on the Internet at www.rg2claims.com/hcap.html .
  • No.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Brooge Energy Limited - BROG

Retrieved on: 
Thursday, March 7, 2024
Acquisition, Pomerantz, BROG, Court, Prior, News, Fraud, Sale, Complaint, Interim, Ext, Order, LLP, Action Replay

NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Brooge Energy Limited (“Brooge” or the “Company”) (NASDAQ: BROG).

Key Points: 
  • NEW YORK, March 07, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Brooge Energy Limited (“Brooge” or the “Company”) (NASDAQ: BROG).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The class action concerns whether Brooge and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

The Alberta Energy Regulator panel releases decision on AlphaBow appeals

Retrieved on: 
Wednesday, February 28, 2024
AB, RCAM, Ministry of Energy (Alberta), Hearing, Legislation, Order, Disclosure, Oil, Suspension, AER, Duty, Environment

CALGARY, AB, Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Alberta Energy Regulator (AER) hearing panel released today a decision on AlphaBow Energy’s regulatory appeals.

Key Points: 
  • CALGARY, AB, Feb. 28, 2024 (GLOBE NEWSWIRE) -- The Alberta Energy Regulator (AER) hearing panel released today a decision on AlphaBow Energy’s regulatory appeals.
  • The hearing panel confirmed that both the March 30, 2023 (Reasonable Care and Measures - RCAM) and June 5, 2023 (Suspension) orders stand.
  • Part of the hearing was conducted in private to prevent the disclosure of sensitive financial information protected under AER legislation (Oil and Gas Conservation Rules and Alberta Energy Regulator Rules of Practice).
  • A separate confidential decision, without redactions, will be issued to the parties who signed confidential undertakings in the proceeding.

SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against Brooge Energy Limited - BROG

Retrieved on: 
Wednesday, February 28, 2024
Acquisition, Pomerantz, BROG, Court, Prior, News, Fraud, Sale, Complaint, Interim, Ext, Order, LLP, Action Replay

NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Brooge Energy Limited (“Brooge” or the “Company”) (NASDAQ: BROG).

Key Points: 
  • NEW YORK, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Brooge Energy Limited (“Brooge” or the “Company”) (NASDAQ: BROG).
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • The class action concerns whether Brooge and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

First Quantum Minerals Announces Pricing Of $1,600 Million Senior Secured Second Lien Notes Offering

Retrieved on: 
Friday, February 23, 2024
Prospectus, Financial services, Person, Note, Investment, News, TSX, Advertising, Sale, Nature, Communication, Order, Surety, Legislation, Directive, Finance, Offering, Security (finance)

TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) announces that it has successfully completed the pricing of its offering (the “Offering”) of $1,600 million aggregate principal amount of 9.375% senior secured second lien due 2029 (the “Notes”). The issue price of the Notes is 100.000%.

Key Points: 
  • TORONTO, Feb. 22, 2024 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) announces that it has successfully completed the pricing of its offering (the “Offering”) of $1,600 million aggregate principal amount of 9.375% senior secured second lien due 2029 (the “Notes”).
  • The Notes will be guaranteed, jointly and severally, on a senior basis by the guarantors (the “Guarantors”) described in the offering memorandum for the Offering (the “Guarantees”).
  • The Guarantees will rank equally in right of payment to all existing and future senior debt of the Guarantors.
  • The Company intends to apply the net proceeds from the Offering towards the redemption of all of its outstanding senior notes due 2025 and 2026.

Closing of Fundraising, Admission, and VCP Awards

Retrieved on: 
Friday, February 23, 2024
Person, Sale, Consultant, Indian stock exchange, Reproduction, Disclosure, AIM, The Act, Order, EEA, Fundraising, FSMA, London Stock Exchange, Act, Prospectus, Financial services, Trustee, Central bank, TSX, Nature, Republic, Finance

No public offering of securities is being made in the United States, Iceland, Australia, Canada, South Africa, Japan or elsewhere.

Key Points: 
  • No public offering of securities is being made in the United States, Iceland, Australia, Canada, South Africa, Japan or elsewhere.
  • Persons receiving this Announcement are required to inform themselves about and to observe any restrictions contained in this Announcement.
  • Persons distributing any part of this Announcement must satisfy themselves that it is lawful to do so.
  • The forward-looking statements contained in this Announcement speak only as at the date of this Announcement.