Beneficiary

MUFG Bank, Ltd. Announces MUFG to Introduce Share-Based Compensation Plan for Employees

Retrieved on: 
Thursday, March 28, 2024
Banking, Professional Services, Human Resources, Finance, ESOP, Settlor, Culture, MUFG Bank, Job satisfaction, Plan, Growth, Mitsubishi Group, ROE, Acquisition, Beneficiary, Trust, Treasury, Eligibility, Trustee, Multimedia, Life insurance

(1) The Plan adopts a scheme called an employee stock ownership plan (the “ESOP Trust”).

Key Points: 
  • (1) The Plan adopts a scheme called an employee stock ownership plan (the “ESOP Trust”).
  • Each Covered Company shall establish share-based compensation plan rules regarding the Plan.
  • Dividends on MUFG’s shares in the ESOP Trust shall be distributed in the same manner as dividends on other MUFG shares.
  • The voting rights of the MUFG shares in the ESOP Trust shall not be exercised throughout the trust period.

Technicolor Creative Studios: Update on the Company's Refinancing

Retrieved on: 
Friday, June 9, 2023
New Money, OID, Mass meeting, Annual general meeting, Euronext Paris, Prospectus, AMF, Barclays, Security (finance), Beneficiary

Paris (France), June 9, 2023 - Technicolor Creative Studios (Euronext Paris: symbol TCHCS) (the "Company") announces today the successful completion of the main steps required under the conciliation protocol entered into in March 2023 (the “Conciliation Protocol”).

Key Points: 
  • Paris (France), June 9, 2023 - Technicolor Creative Studios (Euronext Paris: symbol TCHCS) (the "Company") announces today the successful completion of the main steps required under the conciliation protocol entered into in March 2023 (the “Conciliation Protocol”).
  • The Company also allocated yesterday 501,125,088 warrants giving the right to subscribe to a maximum number of 501,125,088 new shares, at a price of one euro cent (0.01 euro) per new share to the New Money Lenders (the “New Money Warrants”).
  • The Reserved Share Capital Increase, the issuance of the Convertible Notes and the issuance and allocation of the New Money Warrants were authorized by the Company's general shareholders’ meeting of May 15, 2023 (the “General Meeting”).
  • Following the fulfillment of these two conditions2, the reverse share split will take place in accordance with the timeline provided in the Company's press release dated May 31, 2023.

IF YOU OWNED BENEFICIAL INTERESTS IN GREIT LIQUIDATING TRUST AS OF JANUARY 1, 2012, YOU COULD BE INCLUDED IN A CLASS ACTION LAWSUIT

Retrieved on: 
Wednesday, May 10, 2023
Trust, Rohinton Fali Nariman, Plaintiff, Judgement, Beneficiary, Multimedia, Notice, Sale, Insurance, Defendant

IRVINE, Calif., May 10, 2023 /PRNewswire/ -- CPT Group, Inc. announces a certified class action lawsuit now pending called Rohinton T. Aresh, a.k.a. Roy Aresh beneficiary of G Reit Liquidating Trust v. Gary H. Hunt, et al, Orange County Superior Court Case No. 30-2018-00982195 (the "Action").

Key Points: 
  • IRVINE, Calif., May 10, 2023 /PRNewswire/ -- CPT Group, Inc. announces a certified class action lawsuit now pending called Rohinton T. Aresh, a.k.a.
  • Roy Aresh beneficiary of G Reit Liquidating Trust v. Gary H. Hunt, et al, Orange County Superior Court Case No.
  • Roy Aresh ("Plaintiff"), on behalf of the purported class of over 13,000 Beneficiaries, alleges wrongdoing associated with each of the three properties held by the Trust in 2012.
  • If you remain a member of this class, you will be represented by Plaintiff and his counsel (hereinafter "Class Counsel").

CS Victims: Former Prime Minister of Georgia, Bidzina Ivanishvili, alleges political pressure in legal dispute with Credit Suisse

Retrieved on: 
Wednesday, January 25, 2023
Risk management in Indian banks, European Parliament, Trust, Beneficiary, Court, European, Bank, Credit Suisse, Fraud, Crime, Attention, Credit, FINMA, Trustee, European Council, Hearing, Aircraft, Illusion, Federal Court of Malaysia, Security (finance), Cryptocurrency

For several months, Mr. Ivanishvili and his representatives have avoided commenting on the case due to Credit Suisse instigating negotiations.

Key Points: 
  • For several months, Mr. Ivanishvili and his representatives have avoided commenting on the case due to Credit Suisse instigating negotiations.
  • These funds are unconnected to the ongoing legal disputes in Switzerland, Bermuda and Singapore, but relate to the amounts that survived the mismanagement and fraud at Credit Suisse.
  • The said assets were and are managed through two trusts, financial structures which were recommended to Mr. Ivanishvili by Credit Suisse.
  • Moreover, Credit Suisse had restricted access to the residual funds withdrawn from the Bank but remaining under the management of trustees appointed by Credit Suisse.

BingX Establishes A $10 Million Charity Arm, Reaching Out to Networks of Beneficiaries

Retrieved on: 
Wednesday, August 31, 2022
Crypto, PR, Technology, Beneficiary, NEWS, Growth, Network, Efficiency, Director of communications, Life insurance, Pharmaceutical industry, Cryptocurrency

BingX Establishes A $10 Million Charity Arm, Reaching Out to Networks of Beneficiaries

Key Points: 
  • BingX Establishes A $10 Million Charity Arm, Reaching Out to Networks of Beneficiaries
    BingX Establishes A $10 Million Charity Arm, Reaching Out to Networks of Beneficiaries
    SINGAPORE - Media OutReach - 31 August 2022 - BingX, the leading social trading exchange, announces the charitable arm with a fund of $10 Million for humanitarian endeavors.
  • There is no other technology with a steeper growth over the past yearsor more potential to solve any conceivable problemthan that of cryptocurrency.
  • BingX spans across diverse markets and with a global community of users, we will continue to develop and build open, inclusive networks all over the world.
  • With the growth of Crypto investors, BingX also released demo trading , crypto staking and grid trading for low risk investors.

The Beneficiaries of the Parker Ranch Foundation Trust Appoint Toby Taniguchi as Trustee

Retrieved on: 
Thursday, August 11, 2022
American Jewish Joint Distribution Committee, Hawaii Preparatory Academy, Multimedia, Parker Ranch, KTA Super Stores, University of Portland, Community foundation, Professional, Board, Director, Knowledge, Class, University, Hawaiian Electric Industries, Employment, View, Beneficiary, News, Bachelor of Science in Human Biology, Parker School, Board of directors, Syzygium malaccense, Community First Credit Union, Health, Culture, Community hospital, Trustee, Solution, American City Business Journals, Taniguchi, Hawaii Business, Organization, KTA, Life insurance, Management, Science

WAIMEA, Hawai'i, Aug. 10, 2022 /PRNewswire/ -- The Beneficiaries of the Parker Ranch Foundation Trust (PRFT) announced today that Toby Taniguchi has been appointed as a Trustee of PRFT, effective January 1, 2023.

Key Points: 
  • WAIMEA, Hawai'i, Aug. 10, 2022 /PRNewswire/ -- The Beneficiaries of the Parker Ranch Foundation Trust (PRFT) announced today that Toby Taniguchi has been appointed as a Trustee of PRFT, effective January 1, 2023.
  • The Beneficiaries of PRFT are Queen's North Hawaii Community Hospital, Hawaii Community Foundation, Hawaii Preparatory Academy, and Parker School.
  • Taniguchi has served on the Board of Directors of Parker Ranch, Inc. since 2018.
  • Parker Ranch Inc. is wholly-owned by Parker Ranch Foundation Trust whose beneficiaries are four non-profits: Queen's North Hawai'i Community Hospital, Hawai'i Preparatory Academy, Parker School, and Hawai'i Community Foundation.

CS Victims: 36 months of Credit Suisse using the Swiss Judicial System to avoid taking responsibility

Retrieved on: 
Wednesday, May 18, 2022
Knowledge, Fraud, Credit Suisse, Bank, Judgement, Plaintiff, USD, Criminal court, FINMA, Collusion, Court, Credit, Beneficiary, Deception, International Criminal Court, Crime, Online gambling, Cryptocurrency, Private investigator, Trustee

In addition to these issues, Credit Suisse is also involved in an ongoing controversy in the Swiss courts involving the 2018 judgement of the Criminal Court, involving crimes committed at the Bank.

Key Points: 
  • In addition to these issues, Credit Suisse is also involved in an ongoing controversy in the Swiss courts involving the 2018 judgement of the Criminal Court, involving crimes committed at the Bank.
  • This has led to claims of collusion and that the Bank is using the Swiss Judicial System to avoid taking responsibility for the payment of funds, which were designated as 'stolen' by the Court, to Mr. Ivanishvili.
  • "Credit Suisse should be forced by the Court to repay the stolen funds, regardless of recovery from third parties.
  • CS Victims was established by the representatives of certain clients of Credit Suisse.

Spanish Fund for Supporting Strategic Companies Approves €34.5 Million Financing

Retrieved on: 
Tuesday, February 15, 2022
NASDAQ, Silicon, Council of Ministers of the Russian Empire, Company, Minister, Sociedad Estatal de Participaciones Industriales, Electronics, GSM, Forward-looking statement, Goal, Beneficiary, Council, Administration, Ministry, SEPI, Grupo Elektra, COVID-19, Tax, GLOBE, Risk management

LONDON, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (the Company) is pleased to announce that Spanish Fund for supporting strategic companies, on a proposal of Sociedad Estatal de Participaciones Industriales (SEPI), a Spanish state-owned industrial holding companyaffiliated with the Ministry of Financeand Administration , has approved 34.5 million in loans to Spanish companies Grupo Ferroatlntica, S.A.U.

Key Points: 
  • LONDON, Feb. 15, 2022 (GLOBE NEWSWIRE) -- Ferroglobe PLC (NASDAQ: GSM) (the Company) is pleased to announce that Spanish Fund for supporting strategic companies, on a proposal of Sociedad Estatal de Participaciones Industriales (SEPI), a Spanish state-owned industrial holding companyaffiliated with the Ministry of Financeand Administration , has approved 34.5 million in loans to Spanish companies Grupo Ferroatlntica, S.A.U.
  • These loans are part of the SEPI fund intended to provide assistance to non-financial companies operating in strategically important sectors within Spain in the wake of the COVID-19 pandemic.
  • The 34.5M has been funded using a dual-tranche loan, with 17.25M maturing in February 2025 and 17.25M maturing in June 2025.
  • You should not place undue reliance on any forward-looking statements, which are made only as of the date of this press release.

Woodbridge Liquidation Trust Announces Timing of Delivery of 2019 Trust Grantor Letters

Retrieved on: 
Tuesday, February 4, 2020
Other Professional Services, Professional services, Finance, Law, Equity, Inheritance, Private law, Taxation in the United States, Common law, Trust law, Kinship and descent, United States trusts law, Beneficiary, United States trust law, Qualified personal residence trust

Woodbridge Liquidation Trust (the Trust) announced today that it anticipates that its 2019 trust grantor lettersdocuments required by trust beneficiaries to complete their 2019 income tax returns--will be completed and provided to beneficiaries after the April 15, 2020 return filing deadline.

Key Points: 
  • Woodbridge Liquidation Trust (the Trust) announced today that it anticipates that its 2019 trust grantor lettersdocuments required by trust beneficiaries to complete their 2019 income tax returns--will be completed and provided to beneficiaries after the April 15, 2020 return filing deadline.
  • Accordingly, the Trust advises that each trust beneficiary request an extension of the filing due date from appropriate federal and state taxing authorities.
  • A detailed letter to beneficiaries concerning the trust grantor letters and other federal income tax information regarding the Trust is available in the Reports and Letters by the Liquidation Trustee section of the Trusts website at www.woodbridgeliquidationtrust.com .
  • During liquidation, the Trust will continue to report as a grantor trust for tax purposes and interest holders will continue to be considered grantors until termination of the Trust.

New NAIC Survey Shows Most Life Insurance Beneficiaries Aren't Ready for their Roles

Retrieved on: 
Tuesday, January 28, 2020
Economy, Finance, Money, Insurance, Insurance industry, Beneficiary, Life insurance

Every year, millions of dollars in life insurance benefits go unclaimed because beneficiaries are unaware of the coverage or don't have basic information about the policies.

Key Points: 
  • Every year, millions of dollars in life insurance benefits go unclaimed because beneficiaries are unaware of the coverage or don't have basic information about the policies.
  • Overall, just 39% of Baby Boomers (ages 56-74) surveyed say they feel they are prepared for their roles as life insurance beneficiaries.
  • "There is a life insurance preparation gap, and it's not the buyer who's unpreparedit's the beneficiary," said Ray Farmer, NAIC President and Director of the South Carolina Department of Insurance.
  • Half of all those surveyed said they are listed as a beneficiary on a friend or relative's life insurance policy.