Sheppard

Littlejohn & Co. Welcomes Ares as Significant Investor in Interstate Waste Services

Retrieved on: 
Tuesday, October 24, 2023

Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, and Interstate Waste Services (“IWS” or the “Company”) today announced that funds managed by the Private Equity Group of Ares Management Corporation (NYSE: Ares) have agreed to acquire a significant equity stake in IWS.

Key Points: 
  • Littlejohn & Co. LLC (“Littlejohn”), a private investment firm based in Greenwich, CT, and Interstate Waste Services (“IWS” or the “Company”) today announced that funds managed by the Private Equity Group of Ares Management Corporation (NYSE: Ares) have agreed to acquire a significant equity stake in IWS.
  • Littlejohn and Ares funds will each have significant ownership stakes in the Company.
  • “We are proud to work with Ares as we continue to strategically build IWS services and capabilities for customers,” said Brian Michaud, a Managing Director at Littlejohn.
  • Baird served as exclusive financial advisor and Kirkland & Ellis LLP served as legal counsel to Ares.

Temporary Wall Systems opens new location in Oregon's "Wine Country"

Retrieved on: 
Monday, October 16, 2023

EUGENE, Ore., Oct. 16, 2023 /PRNewswire/ -- Temporary Wall Systems (TWS), the first and leading full-service temporary containment wall provider in the United States, will launch its Willamette Valley location by hosting a table at the Associated Builders and Contractors Pacific Northwest Chapter's 8th Annual Craft Championship on Friday, Oct. 20 from 7 a.m. to 4 p.m. at Camp Withycombe in Clackamas, Oregon.

Key Points: 
  • Both owners say their new Temporary Wall Systems location will provide local contractors with a better and more sustainable product to protect people and property from construction and renovation projects.
  • It was the combination of my love of the land and my experiences building up small businesses that drew me to Temporary Wall Systems."
  • Temporary Wall Systems provides modular wall systems that are designed with versatility in mind.
  • For more information about Temporary Wall Systems Willamette Valley, please visit https://tempwallsystems.com/locations/willamette-valley/ .

Wool Month Officially Launches October 2023

Retrieved on: 
Wednesday, October 4, 2023

LONDON, Oct. 4, 2023 /PRNewswire/ -- The stories of the people, brands and retailers championing wool will be celebrated right across the UK throughout October as the Campaign for Wool launches its annual Wool Month initiative.  Encouraging consumers to "Keep warm with Wool", the Campaign for Wool's key aim is to draw attention to some of the newest products, companies and innovations that can positively contribute to the future health of our planet and reducing the amount of man-made fibres going into landfill and the ocean.

Key Points: 
  • LONDON, Oct. 4, 2023 /PRNewswire/ -- The stories of the people, brands and retailers championing wool will be celebrated right across the UK throughout October as the Campaign for Wool launches its annual Wool Month initiative.
  • Having grown from humble beginnings in 2010 at the request of the Patron His Majesty King Charles III, the Campaign for Wool has grown in strength with Wool Month Supporter numbers exceeding over 200 across the fashion, interiors, textiles, farming and manufacturing sectors.
  • Wool Week has since evolved into Wool Month, with various activities, product launches and events planned across the UK during October.
  • From regenerative farming, safeguarding agricultural land, protecting rare breeds, and keeping special regional artisanal skills alive, sheep wool is something we should all be championing.

Lieff Cabraser & Cowan, DeBaets File Federal Class Action Copyright Infringement Suit in New York District Court Against OpenAI on Behalf of Authors Guild and Professional Authors

Retrieved on: 
Wednesday, September 20, 2023

The suit includes claims for direct copyright infringement under 17 U.S.C.

Key Points: 
  • The suit includes claims for direct copyright infringement under 17 U.S.C.
  • section 501 as well as vicarious and contributory copyright infringement, and injunctive relief in the form of a fair licensing regime as well as statutory and other damages.
  • “Without plaintiffs’ and the proposed class’ copyrighted works, Defendants would have a vastly different commercial product,” notes Lieff Cabraser partner Rachel Geman, Co-Counsel for Plaintiffs and the Proposed Class.
  • Defendants could have ‘trained’ their large language models on works in the public domain or paid a reasonable licensing fee to use copyrighted works.”

Greenbacker partners with RBC Community Investments to complete one of clean energy industry’s first solar PTC deals

Retrieved on: 
Thursday, August 10, 2023

The commitment—one of the very first tax equity deals to utilize the solar production tax credit (“PTC”)—is helping finance one of the largest solar projects in GCM’s fleet.

Key Points: 
  • The commitment—one of the very first tax equity deals to utilize the solar production tax credit (“PTC”)—is helping finance one of the largest solar projects in GCM’s fleet.
  • To date, only a handful of solar PTC deals have been completed in the renewable energy industry.
  • GCM has placed RBC Community Investments’ $148 million investment with the overall financing for GCM’s largest renewable energy project : the 240 MWdc Appaloosa Solar 1 (“Appaloosa”).
  • “Partnering with RBC Community Investments to complete one of the first ever solar PTC deals and finance our largest project to date is more than an important milestone for GCM, it’s an essential step forward for the energy transition,” said Charles Wheeler, President of GCM.

EQS-News: Knorr-Bremse Aktiengesellschaft: Knorr-Bremse Sees Strong Growth in Revenues and Profit in H1 2023

Retrieved on: 
Thursday, August 10, 2023

Operating EBIT also improved as expected in the second quarter, which resulted in a 14% gain to € 415 million in the first half of 2023.

Key Points: 
  • Operating EBIT also improved as expected in the second quarter, which resulted in a 14% gain to € 415 million in the first half of 2023.
  • This result reflects the effectiveness of our profit optimization measures already initiated under the Profit and Cash Protection Program (PCPP).
  • The 4.9% increase in incoming orders in the first half of 2023, to € 4,236 million (H1/22: € 4,038 million), represents another record.
  • The order book also saw a strong gain of 6.4% and grew to € 7,122 million (June 30, 2022: € 6,695 million).

Public advisory - Unauthorized health products seized from T&T Supermarket in North York, Ontario, as they may pose serious health risks

Retrieved on: 
Thursday, July 27, 2023

Health Canada is warning consumers about unauthorized Japanese-labelled drugs that it seized from T&T Supermarket in North York (Unit 1115, 1800 Sheppard Ave. E,), Ontario.

Key Points: 
  • Health Canada is warning consumers about unauthorized Japanese-labelled drugs that it seized from T&T Supermarket in North York (Unit 1115, 1800 Sheppard Ave. E,), Ontario.
  • The products are labelled to contain prescription drugs and may pose serious health risks.
  • Unauthorized health products have not been approved by Health Canada, which means that they have not been assessed for safety, efficacy and quality and may pose a range of serious health risks.
  • Consult a health care professional if you have used any of these products and have health concerns.

Harrow Acquires U.S. and Canadian Commercial Rights to VEVYE® (Cyclosporine Ophthalmic Solution) 0.1% from Novaliq

Retrieved on: 
Tuesday, July 18, 2023

“VEVYE, which is expected to be available soon, is a unique cyclosporine formulation indicated for treatment of the signs and symptoms of DED.

Key Points: 
  • “VEVYE, which is expected to be available soon, is a unique cyclosporine formulation indicated for treatment of the signs and symptoms of DED.
  • In this study, VEVYE was shown to be safe, and no systemic exposure of cyclosporin was observed after ocular administration.
  • Schirmer’s tear test responses of ≥10 mm increase was statistically significantly higher in the VEVYE compared vehicle at Day 29.
  • Wirta DL, Krösser S, Long -Term Safety and Efficacy of a Water-Free Cyclosporine Ophthalmic Solution for the Treatment of Dry‑Eye Disease: ESSENCE-2-OLE study.

Go Rentals Announces Significant Investment from RedBird Capital Partners

Retrieved on: 
Monday, July 10, 2023

 and , July 10, 2023 -- Go Rentals (“Go Rentals” or “the Company”), the premier luxury car rental provider in the United States specializing in premium end-markets today announced that it has entered into a definitive agreement with RedBird Capital Partners (“RedBird”) for a significant investment. Terms of the transaction have not been disclosed.

Key Points: 
  • Go Rentals’ Substantial Organic Growth Prospects to Benefit from RedBird’s Ecosystem of Leading Aviation, Sports, Entertainment, and Financial Services Platforms
    and , July 10, 2023 -- Go Rentals (“Go Rentals” or “the Company”), the premier luxury car rental provider in the United States specializing in premium end-markets today announced that it has entered into a definitive agreement with RedBird Capital Partners (“RedBird”) for a significant investment.
  • “Go Rentals has built a strong, differentiated brand with a premium fleet and is well-positioned for significant growth across key markets in RedBird’s ecosystem,” said Andrew Lauck, Partner at RedBird.
  • Andrew Lauck, Partner, and Alexander Blankfein, Managing Director, of RedBird will join Go Rentals’ board of directors.
  • Main Street Advisors, a strategic investment partner of RedBird, participated in the investment in Go Rentals alongside RedBird and will be instrumental in supporting additional media and sports sector growth opportunities.

Kroll Strengthens Digital Forensics and Incident Response Team in EMEA with Colin Sheppard

Retrieved on: 
Tuesday, May 30, 2023

Kroll , the leading independent provider of global risk and financial advisory solutions, announced today it is continuing its global strategic growth plans in EMEA with the appointment of Colin Sheppard as EMEA Head of Incident Response, leading Kroll Cyber’s digital forensics and incident response (DFIR) service offerings within the region.

Key Points: 
  • Kroll , the leading independent provider of global risk and financial advisory solutions, announced today it is continuing its global strategic growth plans in EMEA with the appointment of Colin Sheppard as EMEA Head of Incident Response, leading Kroll Cyber’s digital forensics and incident response (DFIR) service offerings within the region.
  • Devon Ackerman, Global Head of Incident Response at Kroll, commented: “I am thrilled to welcome Colin to the DFIR team.
  • In this role, he was responsible for the development and delivery of incident readiness and incident response services across EMEA.
  • Colin Sheppard, EMEA Head of Incident Response at Kroll, said: “Kroll has a fantastic reputation in the market for merging elite digital forensics experts and frontline threat intelligence.