Judgement

If you purchased Breyers® Natural Vanilla ice cream as a consumer in the United States from April 21, 2016 through August 14, 2024, you may be eligible for a cash payment from a class action Settlement

Retrieved on: 
Saturday, September 14, 2024

An $8.85 million settlement has been reached in a class action lawsuit filed against Conopco, Inc., and Unilever United States, Inc. (together, "Defendants").

Key Points: 
  • An $8.85 million settlement has been reached in a class action lawsuit filed against Conopco, Inc., and Unilever United States, Inc. (together, "Defendants").
  • You may be included in the Settlement if you purchased the Product (Breyers® Natural Vanilla ice cream) in any size in the United States from April 21, 2016 through August 14, 2024.
  • Cash payments from the Settlement Fund will be paid to each Settlement Class Member who submits a valid and timely Claim Form.
  • Monetary Benefits: Settlement Class Members who submit a valid and timely Claim Form by February 19, 2025 are eligible for a cash payment.

Faraday Future Announces Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions

Retrieved on: 
Friday, September 13, 2024

THIS NOTICE RELATES TO A PROPOSED SETTLEMENT AND DISMISSAL WITH PREJUDICE OF STOCKHOLDER DERIVATIVE LITIGATION AND CONTAINS IMPORTANT INFORMATION REGARDING YOUR RIGHTS.

Key Points: 
  • THIS NOTICE RELATES TO A PROPOSED SETTLEMENT AND DISMISSAL WITH PREJUDICE OF STOCKHOLDER DERIVATIVE LITIGATION AND CONTAINS IMPORTANT INFORMATION REGARDING YOUR RIGHTS.
  • IF THE COURT APPROVES THE SETTLEMENT OF THE DERIVATIVE MATTERS, CURRENT FARADAY STOCKHOLDERS WILL BE FOREVER BARRED FROM CONTESTING THE APPROVAL OF THE PROPOSED SETTLEMENT AND DISMISSAL WITH PREJUDICE, AND FROM PURSUING RELEASED CLAIMS.
  • YOU ARE HEREBY NOTIFIED that the following stockholder derivative actions (the “Derivative Actions”), are being settled on the terms set forth in a Stipulation and Agreement of Settlement dated July 19, 2024 (the “Stipulation”): (i) the above-captioned action, titled In re Faraday Future Intelligent Electric Inc.
  • This Summary Notice provides a condensed overview of certain provisions of the Stipulation and the full Notice of Pendency and Proposed Settlement of Stockholder Derivative Actions (the “Notice”).

Elliott Criticizes the Republic of Korea's Decision to Continue to Challenge the US $100 Million Arbitral Award at the Expense of Its Citizens

Retrieved on: 
Thursday, September 12, 2024

The arbitral panel found that the ROK's intervention – which resulted in numerous criminal convictions of government and Samsung officials – violated the investor protection provided under the Treaty.

Key Points: 
  • The arbitral panel found that the ROK's intervention – which resulted in numerous criminal convictions of government and Samsung officials – violated the investor protection provided under the Treaty.
  • The ROK's continued refusal to honor the Award is not surprising yet deeply wrong-headed, particularly given that the ROK has already attempted and failed to set aside the Award.
  • The ROK's actions undermine its efforts to build a reputation as a fair, transparent and trustworthy capital market, further perpetuating the "Korea Discount."
  • The ROK should stop trying to distract the Korean public from the government's own corrupt conduct and mistakes.

AM Best Downgrades Credit Ratings of Universal Life Insurance Company

Retrieved on: 
Thursday, September 12, 2024

AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb+” (Fair) from “bbb-” (Good) of Universal Life Insurance Company (ULICO) (Guaynabo, PR).

Key Points: 
  • AM Best has downgraded the Financial Strength Rating to B (Fair) from B+ (Good) and the Long-Term Issuer Credit Rating to “bb+” (Fair) from “bbb-” (Good) of Universal Life Insurance Company (ULICO) (Guaynabo, PR).
  • The Credit Ratings (ratings) reflect ULICO’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Keekaroo announces resolution of lawsuit

Retrieved on: 
Thursday, September 12, 2024

Flocast, LLC dba Bergeron By Design brought this action against Movi Family for infringement of its intellectual property rights in its highly successful and famous Keekaroo Peanut diaper changing pad.

Key Points: 
  • Flocast, LLC dba Bergeron By Design brought this action against Movi Family for infringement of its intellectual property rights in its highly successful and famous Keekaroo Peanut diaper changing pad.
  • The design of the Keekaroo Peanut is notable for its rounded indents in the middle portion of the pad which gives the Keekaroo Peanut its unique look among its various competitors.
  • The Keekaroo Peanut is consistently rated as one of the top diaper changing pads in the market.
  • Bergeron is very happy with the results of the case and looks forward to the continued success of the Keekaroo Peanut.

Supreme Court’s ruling in Trump v. United States would have given Nixon immunity for Watergate crimes — but 50 years ago he needed a presidential pardon to avoid prison

Retrieved on: 
Thursday, September 12, 2024

Gerald Ford knew Richard Nixon could be prosecuted for crimes he committed as president.

Key Points: 
  • Gerald Ford knew Richard Nixon could be prosecuted for crimes he committed as president.
  • That was simply a fact, when President Ford gave his predecessor “a full, free, and absolute pardon” 50 years ago this week.
  • Former presidents did not enjoy broad immunity from criminal prosecution until July 1, 2024, when six members of the Supreme Court created that privilege in Trump v. United States.
  • But Ford raised doubts about whether America would be able to give Nixon a fair trial until months, perhaps years, elapsed.

From anger to respect

  • “What about the others in his administration who are being tried?” asked John Dawdy, a Vietnam veteran and law student.
  • After all, Nixon’s co-conspirators, including a former attorney general and former White House chief of staff, received fair trials.
  • Joseph Hickel, a refugee from Czechoslovakia, saw “a danger of future crimes” by presidents if Nixon’s went unpunished.

No one above the law

  • The court majority’s ruling that presidents are immune from prosecution for their “official acts” would have absolved most of Nixon’s Watergate crimes.
  • He could have explained away all of these crimes as “official acts” he took using the powers of the presidency.
  • It’s called the No One Is Above the Law Amendment.
  • Under the No One Is Above the Law Amendment, he would lose that privilege.
  • The amendment is not only an example of Biden putting the country before himself, it’s a profile in courage.

Hyundai and GM Sign Memorandum of Understanding to Explore Collaboration on Vehicles, Supply Chain and Clean-Energy Technologies

Retrieved on: 
Thursday, September 12, 2024

Potential collaboration projects center on co-development and production of passenger and commercial vehicles, internal combustion engines and clean-energy, electric and hydrogen technologies.

Key Points: 
  • Potential collaboration projects center on co-development and production of passenger and commercial vehicles, internal combustion engines and clean-energy, electric and hydrogen technologies.
  • The framework agreement was signed by Hyundai Motor Group Executive Chair Euisun Chung and GM Chair and CEO Mary Barra.
  • Hyundai and GM's flexibility and agility will allow both companies to explore the development of their shared capabilities.
  • Following the signing of the non-binding Memorandum of Understanding, assessment of opportunities and progression towards binding agreements will begin immediately.

Hyundai and GM Sign Memorandum of Understanding to Explore Collaboration on Vehicles, Supply Chain and Clean-Energy Technologies

Retrieved on: 
Thursday, September 12, 2024

Potential collaboration projects center on co-development and production of passenger and commercial vehicles, internal combustion engines and clean-energy, electric and hydrogen technologies.

Key Points: 
  • Potential collaboration projects center on co-development and production of passenger and commercial vehicles, internal combustion engines and clean-energy, electric and hydrogen technologies.
  • The framework agreement was signed by Hyundai Motor Group Executive Chair Euisun Chung and GM Chair and CEO Mary Barra.
  • Hyundai and GM's flexibility and agility will allow both companies to explore the development of their shared capabilities.
  • Following the signing of the non-binding Memorandum of Understanding, assessment of opportunities and progression towards binding agreements will begin immediately.

Viasat Announces Upsizing and Pricing of $1,975 Million of Senior Secured Notes

Retrieved on: 
Wednesday, September 11, 2024

The offering was upsized from the previously announced $1,250 million in aggregate principal amount.

Key Points: 
  • The offering was upsized from the previously announced $1,250 million in aggregate principal amount.
  • The Issuers are wholly-owned indirect subsidiaries of Connect Bidco Limited ("Inmarsat"), a wholly-owned indirect subsidiary of Viasat.
  • The closing of the sale of the notes, which is subject to customary conditions, is expected to occur on or about September 25, 2024.
  • The notes and the related guarantees will be secured on a first-lien basis by assets that also secure on a first-lien basis the indebtedness under the Issuers' existing senior secured credit facilities.

‘It’s okay to poo at work’: new health campaign highlights a common source of anxiety

Retrieved on: 
Wednesday, September 11, 2024

In recognition of the discomfort people may feel around passing a bowel motion at work, the Queensland Department of Health recently launched a social media campaign with the message “It’s okay to poo at work”.

Key Points: 
  • In recognition of the discomfort people may feel around passing a bowel motion at work, the Queensland Department of Health recently launched a social media campaign with the message “It’s okay to poo at work”.
  • The caption also notes: If you find it extremely difficult to poo around other people, you might have parcopresis.

What is parcopresis?

  • They may fear being judged by others about unpleasant smells or sounds when they have a bowel motion, or how long they take to go, for example.
  • Other factors, such as past negative experiences or accessibility challenges, may also play a role.
  • They may experience ongoing worry about situations where they may need to use a public toilet.

How common is parcopresis?

  • We don’t really know how common parcopresis is, partly due to the difficulty of evaluating this behaviour.
  • I conducted a study to try to better understand how common parcopresis is.
  • In each vignette participants were advised they were at a local shopping centre and they needed to have a bowel motion.
  • In the vignettes, the bathrooms (which had been recently cleaned) had configurations of either two or three toilet stalls.

Parcopresis at work

  • In occupational settings, the rates of anxiety about using shared bathrooms may well be higher for a few reasons.
  • For example, people may feel more self-conscious about their bodily functions being heard or noticed by colleagues, compared to strangers in a public toilet.

Reducing restroom anxiety