AAMC

Altisource Asset Management Corporation Repurchases Preferred Shares in Global Settlement With Luxor Capital

Retrieved on: 
Tuesday, January 16, 2024
Asset Management, Legal, Professional Services, Finance, PIK, LP, AAMC, Prejudice, Party, Certificate, Holding company

Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces that it has settled litigation with Luxor Capital Group, LP and related entities (collectively “Luxor”) in respect of the Company’s Series A Convertible Preferred Stock (the “Preferred Shares”), as well as separate litigation with former AAMC director Nathanel Redleaf.

Key Points: 
  • Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces that it has settled litigation with Luxor Capital Group, LP and related entities (collectively “Luxor”) in respect of the Company’s Series A Convertible Preferred Stock (the “Preferred Shares”), as well as separate litigation with former AAMC director Nathanel Redleaf.
  • Luxor surrenders all 144,212 of its Preferred Shares, thereby extinguishing all rights under the related Securities Purchase Agreement and Certificate of Designations.
  • The Company shall refrain from making common stock repurchases or issuing dividends at any time the PIK option is in effect and is subject to certain other covenants.
  • “We are pleased to announce AAMC’s global resolution of these matters relating to Luxor,” said William Erbey, Chairman and CEO of AAMC.

Student Organizations Join Forces to Encourage Donations During National Blood Donor Month

Retrieved on: 
Wednesday, January 10, 2024
Student, Blood transfusion, Patient, Next Generation Science Standards, Trauma, AACN, Vein, Hospital, Partnership, Science, Bleeding, AAMC, HOSA (organization), ABC, Cancer, American Dental Association, Food, Plasma, Bone marrow, Transplant, HOSA, Mathematics, ADEA, Organization, Language arts, Professional, The arts, Education, Motivation, Blood, Medical device

This National Blood Donor Month, we encourage educators, students, and all eligible individuals to start the New Year by answering the call to make a difference through blood donation," said Kate Fry, CEO of America’s Blood Centers.

Key Points: 
  • This National Blood Donor Month, we encourage educators, students, and all eligible individuals to start the New Year by answering the call to make a difference through blood donation," said Kate Fry, CEO of America’s Blood Centers.
  • "National Blood Donor Month brings a time to recognize the tremendous impact made through the HOSA-Future Health Professionals and America’s Blood Centers partnership and bring awareness to the ongoing need for support.
  • One of the ways we can show our appreciation and gratitude is by supporting National Blood Donor Month, which aims to raise awareness of the need for blood donations and to encourage people to donate blood regularly,” said Mandy Nau, Executive Director of Health Professions Week.
  • This month continues to be celebrated each year to thank America's blood donors and encourage more people to donate blood.

REPORT: COMPENSATION STEADILY INCREASING FOR COMMUNITY ASSOCIATION MANAGERS

Retrieved on: 
Tuesday, December 12, 2023
Community, Learning, PCAM, Church, CAI, Community Associations Institute, AAMC, Specialization, Housing, Community association, Bureau, Benchmarking, Growth, Accreditation, CAE, LSM

Managers are confident about the industry with 80% of respondents saying that business prospects for their employer are “good” or “very good” for the coming year, according to the 2022 Community Association Manager Compensation and Salary Survey conducted by the Foundation for Community Association Research .

Key Points: 
  • Managers are confident about the industry with 80% of respondents saying that business prospects for their employer are “good” or “very good” for the coming year, according to the 2022 Community Association Manager Compensation and Salary Survey conducted by the Foundation for Community Association Research .
  • High-rise managers, on-site managers, portfolio managers, and assistant community managers all report compensation increases—by an estimated 4.6%—over the past year.
  • The 2022 Community Association Manager Compensation and Salary Survey, sponsored by Innovia Co-Op , allows an individual community manager or management company representative to compare their compensation with peers.
  • Reporters interested in learning more about compensation in community association management may request a review copy of the report.

Altisource Asset Management Corporation Reports Key Ruling in Blackrock and PIMCO Litigation

Retrieved on: 
Wednesday, December 6, 2023
Legal, Insurance, Construction & Property, Finance, REIT, Professional Services, Asset Management, Other Construction & Property, Other Professional Services, AAMC, Superior court, NYSE, PIMCO

Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) reports a key development in its litigation seeking damages from Blackrock and PIMCO pending in the Superior Court of the U.S. Virgin Islands.

Key Points: 
  • Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) reports a key development in its litigation seeking damages from Blackrock and PIMCO pending in the Superior Court of the U.S. Virgin Islands.
  • In so doing, the trial judge endorsed the 132-page Recommendation previously issued by the Staff Master assigned to review the pending motions in the case.
  • “We are pleased with this pivotal development in the prosecution of our damage claims against these Blackrock and PIMCO defendants,” said AAMC Chairman Ricardo Byrd.
  • “We look forward to moving the litigation process forward toward trial.” A status conference before the Staff Master is set for January 12, 2024.

Altisource Asset Management Corporation Announces Departure of COO and Interim CEO Danya Sawyer

Retrieved on: 
Tuesday, December 5, 2023
Professional Services, Other Professional Services, Insurance, Finance, Construction & Property, REIT, Banking, AAMC, NYSE, Financial services, Cryptocurrency

Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces the resignation of Danya Sawyer, Chief Operating Officer of Alternative Lending Group, the Company’s principal operating subsidiary.

Key Points: 
  • Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces the resignation of Danya Sawyer, Chief Operating Officer of Alternative Lending Group, the Company’s principal operating subsidiary.
  • Ms. Sawyer, whose departure was effective December 1, 2023, also served as AAMC’s interim Chief Executive Officer during the recent restructuring of the Company’s loan business.
  • “We appreciate Danya’s excellent service and contributions to the Company,” said Chairman of the Board Ricardo Byrd.
  • “We wish her well in her future endeavors.” A successor CEO is expected to be announced within 30 days.

Altisource Asset Management Corporation Reports Receipt of Communications from NYSE

Retrieved on: 
Monday, December 4, 2023
Other Professional Services, Construction & Property, Insurance, Finance, Asset Management, Accounting, Professional Services, REIT, NYSE, Notice, Calendar, Committee, NYSE American, AAMC, Panel, Cryptocurrency, Exchange

Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces that on November 30, 2023, the Company received a written notice (the “Notice”) from the New York Stock Exchange (“NYSE” or the “Exchange”) that the NYSE would delist the Company’s shares of common stock (the “Securities”) from the Exchange.

Key Points: 
  • Altisource Asset Management Corporation (“AAMC” or the “Company”) (NYSE American: AAMC) announces that on November 30, 2023, the Company received a written notice (the “Notice”) from the New York Stock Exchange (“NYSE” or the “Exchange”) that the NYSE would delist the Company’s shares of common stock (the “Securities”) from the Exchange.
  • NYSE Regulation staff has determined that the Company is no longer qualified for listing pursuant to Section 1009(a) of the NYSE American Company Guide, citing non-compliance with Sections 1003(a)(i), (ii) and (iii) thereof.
  • The Company has a right to appeal this determination, provided that it files a written request for such review within seven (7) calendar days after receiving the Notice.
  • Following such appeal and a decision by the Panel, NYSE American or the Company will make an announcement regarding either delisting or continued trading of the Company’s common stock.

NYSE American to Commence Delisting Proceedings Against Altisource Asset Management Corporation (AAMC)

Retrieved on: 
Thursday, November 30, 2023
Asset Management, Professional Services, Finance, NYSE, Security (finance), Committee, NYSE American, AAMC, Panel, Exchange

NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Altisource Asset Management Corporation (the “Company”) — ticker symbol AAMC —from the Exchange.

Key Points: 
  • NYSE American LLC (“NYSE American” or the “Exchange”) announced today that the staff of NYSE Regulation has determined to commence proceedings to delist the common stock of Altisource Asset Management Corporation (the “Company”) — ticker symbol AAMC —from the Exchange.
  • The Company has a right to a review of NYSE Regulation staff’s determination to delist the common stock by the Listings Qualifications Panel of the Committee for Review of the Board of Directors of the Exchange (the “Panel”).
  • Following such appeal and a decision by the Panel, NYSE American or the Company will make an announcement regarding either proceeding with suspension and delisting or continued trading in the Company’s common stock.
  • If the Company does not appeal this determination, NYSE American will announce the date that trading will be suspended.

GE HealthCare Showcases More Than 40 Innovations, Including AI-Enabled Imaging Technology Solutions Designed for Precision Care at RSNA23

Retrieved on: 
Sunday, November 26, 2023
Professional Services, Philanthropy, Mobile, Wireless, Health Technology, Other Science, Research, Fund Raising, Foundation, Science, Neurology, FDA, Radiology, Pharmaceutical, Oncology, University, Medical Devices, Education, Hospitals, Software, Networks, Internet, Hardware, Cardiology, Biotechnology, Data Management, Technology, Health, Human Resources, Wearables, Mobile Technology, Artificial Intelligence, RSNA, Annual general meeting, AIR, Patient, Algorithm, IHI, Diagnosis, Cancer, Stavanger University Hospital, Growth, Hospital, Triage, GE HealthCare, Vanderbilt University Medical Center, Food, IGS, Cardiovascular disease, ViewPoint, European, Molecular imaging, Deep learning, Development, AI, Imaging, Physician, DSM-IV codes, Novo Nordisk, Command center, Collection, HIV disease progression rates, Risk, Bill, History, Pulse, Partnership, Atrial fibrillation, ECG, Somatosensory system, Mass General Brigham, PTX, Intelligence, Workflow, Work, Mayo Clinic, AAMC, Medical imaging, Nursing, Medical device, Ventricular fibrillation

Each connected care solution is designed to better support clinicians, improve patient care, and increase health system efficiency at a time when healthcare system challenges include rising levels of radiologist burnout and shortages.

Key Points: 
  • Each connected care solution is designed to better support clinicians, improve patient care, and increase health system efficiency at a time when healthcare system challenges include rising levels of radiologist burnout and shortages.
  • By using GE HealthCare integrated technologies and diagnostics, clinicians deliver a more personal, precise, and human-focused approach across the care continuum.
  • GE HealthCare is exploring, along with clinical collaborators, how AI can help predict patient response to immunotherapies.
  • For more information on GE HealthCare and these innovative solutions at RSNA, visit Booth 7326, our press kit , or the RSNA 2023 events page .

GE HealthCare Announces New Version of Digital Expert Access, the First FDA 510(k)-Cleared Device to Enable Remote Patient Scanning, and Exclusive Distribution Agreement with IONIC Health

Retrieved on: 
Tuesday, November 21, 2023
Technology, FDA, Health, Radiology, Professional Services, Artificial Intelligence, Other Technology, Medical Devices, Software, General Health, Hospitals, Data Analytics, Health Technology, Data Management, Sale, Annual general meeting, Safety, Digital Solutions, Lite, Google Images, Patient, U.S. FDA, GE HealthCare, Workflow, Diagnosis, AAMC, Growth, PET, Medical imaging, Medical device, Imaging

GE HealthCare (Nasdaq: GEHC) has received U.S. FDA 510(k) Clearance for the new version of Digital Expert Access with remote scanning, the first remote patient scan solution with 510(k) Clearance.

Key Points: 
  • GE HealthCare (Nasdaq: GEHC) has received U.S. FDA 510(k) Clearance for the new version of Digital Expert Access with remote scanning, the first remote patient scan solution with 510(k) Clearance.
  • Digital Expert Access enables the sharing of expertise, best practices, and in-the-moment advice, as well as real-time, remote console control.
  • Now, with the new version of Digital Expert Access with remote scanning, this innovative solution has evolved to also enable remote patient scanning, which is compatible with GE HealthCare magnetic resonance (MR) devices.
  • Additionally, GE HealthCare has entered into an exclusive distribution agreement with IONIC Health, an independent Brazilian-born global technology company transforming healthcare through novel automation technologies, which include remote solutions to automate, monitor, access, support, educate and teleoperate in healthcare.

IPEC Releases Updated Version of the Core Competencies for Interprofessional Collaborative Practice

Retrieved on: 
Monday, November 20, 2023
Practice Management, Nursing, Health, Other Education, Continuing, Education, Training, Other Health, Research, Policy, Organization, Learning, Student, Multimedia, IPEC, Data analysis, Appendix, IPE, Central Waqf Council, School, MD, Population health, AAMC, Management

The Interprofessional Education Collaborative (IPEC) is pleased to announce the release of the IPEC Core Competencies for Interprofessional Collaborative Practice: Version 3 .

Key Points: 
  • The Interprofessional Education Collaborative (IPEC) is pleased to announce the release of the IPEC Core Competencies for Interprofessional Collaborative Practice: Version 3 .
  • First published in 2011 and updated in 2016, the IPEC competencies have become an indispensable resource to advance interprofessional education for collaborative practice (IPECP).
  • To support users, the IPEC Core Competencies for Interprofessional Collaborative Practice: Version 3 contains a compendium of materials:
    A brief history of IPEC (Appendix A) detailing collective milestones from 2009 to the present day.
  • Click here to review Version 3 of the IPEC Core Competencies for Interprofessional Collaborative Practice .