ISDA Master Agreement

Unifor members at Stellantis ratify new agreements

Retrieved on: 
Monday, November 6, 2023

TORONTO, Nov. 6, 2023 /CNW/ - Unifor auto members at Stellantis voted to ratify the Master Collective Agreement (covering the Windsor Assembly Plant, Brampton Assembly Plant and Etobicoke Casting Plant), along with agreements covering Unifor members working in the office, clerical and engineering unit, fire and security unit and PDC units in Mississauga and Red Deer.

Key Points: 
  • TORONTO, Nov. 6, 2023 /CNW/ - Unifor auto members at Stellantis voted to ratify the Master Collective Agreement (covering the Windsor Assembly Plant, Brampton Assembly Plant and Etobicoke Casting Plant), along with agreements covering Unifor members working in the office, clerical and engineering unit, fire and security unit and PDC units in Mississauga and Red Deer.
  • "Unifor members at Stellantis will receive the same significant wage increases, pension improvements and electric vehicle (EV) transition income security measures as Unifor members at Ford and General Motors," said Unifor National President Lana Payne.
  • The three-year collective agreements cover approximately 8,200 Unifor members.
  • This contract needed to deliver in a big way that ensured none of our members were left behind," said Unifor Stellantis Master Bargaining Chair James Stewart.

EpicQuest Education Announces Agreement between Davis College and Chongqing Technology and Business Institute for Intake of At Least 46 Students in September 2023

Retrieved on: 
Wednesday, April 12, 2023

MIDDLETOWN, Ohio, April 12, 2023 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), ("EpicQuest Education", "EEIQ" or the "Company"), a provider of comprehensive education solutions for domestic and international students seeking college and university degrees in the US, Canada and the UK, today announced that Davis College, which is 70%-owned by the Company, and Chongqing Technology and Business Institute ("CTBI"), signed a Supplementary Agreement (the "Agreement") whereby CTBI students will attend Davis College, and upon completion of course requirements, will receive Diplomas and Associate Bachelor degrees. The term of the Agreement will last through June 2025 and can be renewed thereafter. The Agreement updates the Master Agreement signed by the two parties in November 2022 and effectuates a Memorandum of Understanding that was signed in June 2022.

Key Points: 
  • The Agreement updates the Master Agreement signed by the two parties in November 2022 and effectuates a Memorandum of Understanding that was signed in June 2022.
  • Diane Brunner President of Davis College, commented, "Our agreement with Chongqing Technology and Business Institute reinforces our commitment to create an international academic experience at Davis College.
  • We believe that the internationalization of Davis College will create academic synergies and an enriched intercultural educational experience for our students.
  • CTBI students entering Davis College will consist of 46 students to enter the program each year.

SGT SUBMITS AMENDED DEMAND FOR CLASS ARBITRATION AGAINST GENESIS GLOBAL CAPITAL, DIGITAL CURRENCY GROUP, AND DCG FOUNDER AND CEO BARRY SILBERT.

Retrieved on: 
Friday, January 20, 2023

STAMFORD, Conn., Jan. 19, 2023 /PRNewswire/ -- SGT has submitted an Amended Demand for Class Arbitration (the "Amended Demand") to the American Arbitration Association ("AAA") on behalf of 19 clients and a putative class of similarly situated individuals who lent Genesis Global Capital ("Genesis") digital assets which Genesis refuses to return.

Key Points: 
  • STAMFORD, Conn., Jan. 19, 2023 /PRNewswire/ -- SGT has submitted an Amended Demand for Class Arbitration (the "Amended Demand") to the American Arbitration Association ("AAA") on behalf of 19 clients and a putative class of similarly situated individuals who lent Genesis Global Capital ("Genesis") digital assets which Genesis refuses to return.
  • The Amended Demand adds a claim for Control Person Liability against DCG founder and CEO Barry Silbert and DCG.
  • The Amended Demand adds a claim for Control Person Liability against DCG founder and CEO Barry Silbert and DCG.
  • The Amended Demand alleges that despite being insolvent, Genesis and DCG engaged in a campaign of misdirection and lies, failing to disclose Genesis' financial condition as required, and made misrepresentations concealing Genesis' financial condition.

Fast Leaf Looks Ahead to Master Franchise Deals in the U.S. After Recent Health Canada License Approval

Retrieved on: 
Thursday, February 2, 2023

Woodstock, Ontario, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Fast Leaf Inc. (the “Company”), an innovative craft cannabis production franchisor, announces its recent Health Canada license approval for the first franchise in its 30-plus multi-unit facility in Woodstock, Ontario, making it the first in the world to have received such recognition.

Key Points: 
  • Woodstock, Ontario, Feb. 02, 2023 (GLOBE NEWSWIRE) -- Fast Leaf Inc. (the “Company”), an innovative craft cannabis production franchisor, announces its recent Health Canada license approval for the first franchise in its 30-plus multi-unit facility in Woodstock, Ontario, making it the first in the world to have received such recognition.
  • Fast Leaf currently provides franchisees with a 4,500 sq.
  • ft. micro-cultivation unit to produce cannabis, all of which utilize the Company’s proprietary growing system and share in the many resources under Fast Leaf’s 200,000 sq.
  • In addition to craft cannabis, Fast Leaf is focused on creating a sustainable business model with eco-friendly growing techniques and a commitment to reducing its carbon footprint.

SGT FILES CLASS ARBITRATION AGAINST GENESIS GLOBAL CAPITAL & DIGITAL CURRENCY GROUP SEEKING RETURN OF DIGITAL ASSETS AND DAMAGES FOR BREACH OF CONTRACT AND THE UNREGISTERED SALE OF SECURITIES

Retrieved on: 
Saturday, December 31, 2022

The claims brought against GGC include breach of contract and the unregistered sale of securities without an exemption.

Key Points: 
  • The claims brought against GGC include breach of contract and the unregistered sale of securities without an exemption.
  • Claimants have brought claims against GGC and related entities for breach of contract and the unregistered sale of securities and seek relief related thereto and the filing is available here: https://www.sgtlaw.com/cases/genesis-class-arb .
  • Claimants' filing alleges that GGC first breached the Master Agreement when GGC became insolvent in the summer of 2022 but concealed its insolvency from lenders such as Claimants.
  • Subject to arbitrator approval to proceed as a class arbitration, Claimants' action seeks to obtain relief for all Gemini Earn users whose funds are current trapped with GGC.

Saphyre's Platform Allows Legal Agreements to be Digitally Amended Parallel to All Onboarding Activities

Retrieved on: 
Wednesday, November 16, 2022

As shared recently when Legal & General Investment Management joined the Saphyre platform, the legal module within Saphyre is agreement type-agnostic (ISDA, GMRA, MSFTA, MRA etc.)

Key Points: 
  • As shared recently when Legal & General Investment Management joined the Saphyre platform, the legal module within Saphyre is agreement type-agnostic (ISDA, GMRA, MSFTA, MRA etc.)
  • and has templates to digitally structure ISDAs and many other types of agreements.
  • The streamlined process is automatically aligned with the broker and end-client onboarding workflows when a new account is opened.
  • This process allows the system to kick off the legal workflows to add new accounts to the existing digital master agreement on the platform.

BostonGene Announces Strategic Alliance with the Massachusetts General Hospital Cancer Center

Retrieved on: 
Wednesday, September 7, 2022

BostonGene Corporation today announced a Master Agreement with Massachusetts General Hospital Cancer Center, a member of the Mass General Brigham (MGB) healthcare system, to collaborate on multiple research projects.

Key Points: 
  • BostonGene Corporation today announced a Master Agreement with Massachusetts General Hospital Cancer Center, a member of the Mass General Brigham (MGB) healthcare system, to collaborate on multiple research projects.
  • Massachusetts General Hospital Cancer Center is among the leading cancer care providers in the United States, offering a vast array of support through its 37 treatment programs within 29 fully integrated, multidisciplinary disease centers.
  • Through a powerful synergy between laboratory scientists and bedside physicians, Massachusetts General Hospital Cancer Center is committed to eradicating cancer by scientific investigation conducted as part of one of the largest hospital-based research programs in the nation.
  • The strategic alliance between BostonGene and Massachusetts General Hospital Cancer Center builds on research collaborations with several multidisciplinary disease centers.

Enstar Announces Business Updates

Retrieved on: 
Friday, August 19, 2022

HAMILTON, Bermuda, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) (Enstar) has announced updates relating to its joint venture with Allianz SE (Allianz), Enhanzed Reinsurance Ltd. (Enhanzed Re), and its recent investment portfolio performance.

Key Points: 
  • HAMILTON, Bermuda, Aug. 19, 2022 (GLOBE NEWSWIRE) -- Enstar Group Limited (NASDAQ: ESGR) (Enstar) has announced updates relating to its joint venture with Allianz SE (Allianz), Enhanzed Reinsurance Ltd. (Enhanzed Re), and its recent investment portfolio performance.
  • On August 18, 2022, Cavello Bay Reinsurance Limited (Cavello Bay), a wholly-owned subsidiary of Enstar, entered into a Master Agreement with Allianz and Enhanzed Re.
  • A market leader in completing legacy acquisitions, Enstar has acquired over 100 companies and portfolios since its formation in 2001.
  • These statements include statements regarding the intent, belief or current expectations of Enstar and its management team.

Diana Shipping Inc. Announces the Acquisition of Nine Ultramax Dry Bulk Vessels From Sea Trade Holdings Inc.

Retrieved on: 
Thursday, August 11, 2022

The Company has agreed to register the common shares consideration to be issued to Sea Trade for resale pursuant to a registration statement to be filed with the SEC.

Key Points: 
  • The Company has agreed to register the common shares consideration to be issued to Sea Trade for resale pursuant to a registration statement to be filed with the SEC.
  • After giving effect to the delivery of the nine vessels and upon completion of the previously announced sale of the m/v Baltimore, Diana Shipping Inc.s fleet will consist of 43 dry bulk vessels (4 Newcastlemax, 11 Capesize, 5 Post-Panamax, 6 Kamsarmax, 8 Panamax and 9 Ultramax).
  • A table describing the current Diana Shipping Inc. fleet can be found on the Companys website, www.dianashippinginc.com .
  • Seward & Kissel LLP is serving as legal advisor to Diana Shipping Inc.
    Evercore is serving as financial advisor and Reed Smith LLP is serving as legal advisor to Sea Trade Holdings Inc.
    Diana Shipping Inc. is a global provider of shipping transportation services through its ownership and bareboat charter-in of dry bulk vessels.

Bee Vectoring Technologies Closes Non-Brokered Private Placement, Enters into Sharing Agreement and Closes Concurrent Private Placement

Retrieved on: 
Tuesday, July 12, 2022

The proceeds of the Sorbie Private Placement were used to acquire government bonds in connection with the Company and Sorbie entering into the Sharing Agreement (as defined below), which is described in more detail below.

Key Points: 
  • The proceeds of the Sorbie Private Placement were used to acquire government bonds in connection with the Company and Sorbie entering into the Sharing Agreement (as defined below), which is described in more detail below.
  • The Company issued the following securities to Sorbie in connection with the Sorbie Private Placement:
    11,176,471 Units issued at a price of $0.17 per Unit.
  • Concurrently with closing the Private Placement, the Company entered into certain hedging arrangements with Sorbie governed by an ISDA Master Agreement dated July 11, 2022 and a sharing agreement dated July 11, 2022 (the "Sharing Agreement").
  • The Company is also pleased to announce that it has closed a concurrent private placement of 1,556,470 Units (the "Concurrent Private Placement") for gross proceeds of $264,600 on July 11, 2022, with the Units having the same terms as the Units issued pursuant to the Sorbie Private Placement.