Interlocutory

DGAP-News: Steinhoff International Holdings N.V. : PIC SETTLEMENT SUPPORT AND JURISDICTION RULING

Retrieved on: 
Monday, September 6, 2021
Civil procedure, Motion in limine, Steinhoff International, Motion, Intervention, Interlocutory, Law, Steinhoff, Articles, Government

Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its other subsidiaries, "Steinhoff" or the "Steinhoff Group provide the following updates.

Key Points: 
  • Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its other subsidiaries, "Steinhoff" or the "Steinhoff Group provide the following updates.
  • The Public Investment Corporation ("PIC") and SIHNV and Steinhoff International Holdings (Pty) Ltd ("SIHPL") have entered into a settlement support agreement under which the PIC on behalf of itself and its clients including the Government Employees Pension Fund, have agreed to support the Steinhoff global settlement proposal.
  • For the avoidance of doubt, the Court has made no finding on the merits of the application, and has issued no Order in that regard.
  • The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.

VoIP-Pal Announces Intent to Seek an Interlocutory Appeal of the Cases in the Northern District of California

Retrieved on: 
Thursday, February 25, 2021
Legal procedure, Broadband, Videotelephony, Voice over IP, Interlocutory appeal, Law, Interlocutory, Interlocutor, Articles, Justice

The Company hopes to obtain early review of this issue in an effort to overturn the Court's decision.

Key Points: 
  • The Company hopes to obtain early review of this issue in an effort to overturn the Court's decision.
  • VoIP-Pal has made a request to maintain the current stay in the Northern District of California pending the interlocutory appeal and intends to make a similar request to maintain the stay in the cases in the Western District of Texas.
  • The Company is currently evaluating all of its legal options and will provide updates as developments unfold.
  • Additionally, VoIP-Pal CEO, Emil Malak has written an op-ed article published this week in CEOCFOMagazine.com regarding the Companys legal battles.