United States District Court for the Eastern District of Missouri

Rimini Street Announces Fiscal Second Quarter 2023 Financial and Operating Results

Retrieved on: 
Wednesday, August 2, 2023

Annualized Recurring Revenue was $410.1 million for the 2023 second quarter, an increase of 3.4% compared to $396.7 million for the same period last year.

Key Points: 
  • Annualized Recurring Revenue was $410.1 million for the 2023 second quarter, an increase of 3.4% compared to $396.7 million for the same period last year.
  • Operating income was $10.3 million for the 2023 second quarter compared to $5.7 million for the same period last year.
  • Non-GAAP Operating Income was $14.9 million for the 2023 second quarter compared to $11.9 million for the same period last year.
  • Rimini Street will host a conference call and webcast to discuss the second quarter 2023 results and select third quarter 2023 performance to date commentary at 5:00 p.m. Eastern Time / 2:00 p.m. Pacific Time on August 2, 2023.

FTC Staff Seeks Court Order Preventing ICE from Consummating its Acquisition of Rival Black Knight Pending Agency Administrative Challenge

Retrieved on: 
Monday, April 17, 2023

The staff of the Federal Trade Commission asked a federal court to issue a temporary restraining order (TRO) and preliminary injunction (PI) to prevent Intercontinental Exchange, Inc. (ICE) from consummating its proposed acquisition of rival mortgage loan technology provider Black Knight, Inc., pending the outcome the FTC’s administrative challenge to the deal.

Key Points: 
  • The staff of the Federal Trade Commission asked a federal court to issue a temporary restraining order (TRO) and preliminary injunction (PI) to prevent Intercontinental Exchange, Inc. (ICE) from consummating its proposed acquisition of rival mortgage loan technology provider Black Knight, Inc., pending the outcome the FTC’s administrative challenge to the deal.
  • The TRO and PI sought by FTC staff would prevent ICE and Black Knight from closing their proposed merger, allowing the FTC to proceed with an administrative trial that stems from a complaint the agency filed on March 9, 2023.
  • The petition for a TRO and PI was filed in the U.S. District Court for the Northern District of California.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.

FTC Staff Seeks Court Order Preventing ICE from Consummating its Acquisition of Rival Black Knight Pending Agency Administrative Challenge

Retrieved on: 
Monday, April 17, 2023

The staff of the Federal Trade Commission asked a federal court to issue a temporary restraining order (TRO) and preliminary injunction (PI) to prevent Intercontinental Exchange, Inc. (ICE) from consummating its proposed acquisition of rival mortgage loan technology provider Black Knight, Inc., pending the outcome the FTC’s administrative challenge to the deal.

Key Points: 
  • The staff of the Federal Trade Commission asked a federal court to issue a temporary restraining order (TRO) and preliminary injunction (PI) to prevent Intercontinental Exchange, Inc. (ICE) from consummating its proposed acquisition of rival mortgage loan technology provider Black Knight, Inc., pending the outcome the FTC’s administrative challenge to the deal.
  • The TRO and PI sought by FTC staff would prevent ICE and Black Knight from closing their proposed merger, allowing the FTC to proceed with an administrative trial that stems from a complaint the agency filed on March 9, 2023.
  • The petition for a TRO and PI was filed in the U.S. District Court for the Northern District of California.
  • For the latest news and resources, follow the FTC on social media, subscribe to press releases and read our blog.

Fix Price Group PLC: Notice of Extraordinary General Meeting - Approval of Merger

Retrieved on: 
Friday, July 8, 2022

NOTICE IS HEREBY GIVEN that a meeting of the shareholders of Fix Price Group Plc (the Company) will be held at 155 Arch.

Key Points: 
  • NOTICE IS HEREBY GIVEN that a meeting of the shareholders of Fix Price Group Plc (the Company) will be held at 155 Arch.
  • All holders (the Shareholders) of Ordinary Shares in the Company (the Shares) have the right to attend, speak and vote at the Meeting.
  • Registered Shareholders holding shares in certificated form should complete the form of proxy provided with the Notice of Meeting as set out in Appendix B to this notice (the Form of Proxy).
  • Both employees have been notified of the proposed Merger and have provided their written consent and approval to the Acquiring Company.

Hudbay Receives Favourable U.S. District Court Ruling on Copper World

Retrieved on: 
Wednesday, May 25, 2022

TORONTO, May 24, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) received a favourable decision from the U.S. District Court for the District of Arizona (District Court) relating to the companys Copper World project in Arizona.

Key Points: 
  • TORONTO, May 24, 2022 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE: HBM) received a favourable decision from the U.S. District Court for the District of Arizona (District Court) relating to the companys Copper World project in Arizona.
  • The District Court ruled in favour of Hudbay on all issues, including that Copper World and Rosemont are not connected under the National Environmental Policy Act (NEPA) and, therefore, that the Army Corps of Engineers (ACOE) does not have an obligation to include Copper World as part of its NEPA review of Rosemont.
  • In April 2022, the company commenced early site works at Copper World with initial grading and clearing activities continuing at site.
  • Hudbay continues to be on track to complete a Preliminary Economic Assessment (PEA) of Copper World in the second quarter of 2022.

Purdue Pharma Statement with Respect to District Court Decision Vacating Bankruptcy Court’s Confirmation of the Plan of Reorganization

Retrieved on: 
Friday, December 17, 2021

Purdue Pharma L.P. today announced its intent to appeal todays ruling by the United States District Court for the Southern District of New York, which vacated the Bankruptcy Courts September 2021 order confirming its chapter 11 plan of reorganization (the Plan).

Key Points: 
  • Purdue Pharma L.P. today announced its intent to appeal todays ruling by the United States District Court for the Southern District of New York, which vacated the Bankruptcy Courts September 2021 order confirming its chapter 11 plan of reorganization (the Plan).
  • The company will simultaneously continue its efforts to forge yet further consensus around a Plan that will deliver billions of dollars to the American people for opioid abatement.
  • The current Plan enjoys overwhelming support, including from every one of the many ad hoc creditor groups in the case and more than 95% of Purdues over 120,000 voting creditors, including 43 states and territories.
  • Contrary to more than 30 years of governing precedent approving third party releases in appropriate circumstances, the District Court held that third party releases are never authorized by the Bankruptcy Code outside of the asbestos context.

DGAP-News: Steinhoff International Holdings N.V. : ​​​​​​​UPDATE ON DUTCH SoP CONFIRMATION HEARING

Retrieved on: 
Thursday, September 16, 2021

Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its other subsidiaries, "Steinhoff" or the "Steinhoff Group") announces that during the confirmation hearing in relation to SIHNV's Dutch suspension of payments in the District Court of Amsterdam today, the Court heard the Dutch Administrators, the attending SoP creditors and the Company on the confirmation of the Composition Plan.

Key Points: 
  • Steinhoff International Holdings N.V. ("SIHNV" or the "Company" and together with its other subsidiaries, "Steinhoff" or the "Steinhoff Group") announces that during the confirmation hearing in relation to SIHNV's Dutch suspension of payments in the District Court of Amsterdam today, the Court heard the Dutch Administrators, the attending SoP creditors and the Company on the confirmation of the Composition Plan.
  • The confirmation of the Composition Plan was recommended by the supervisory judges and the Dutch Administrators and was supported by the Company and the attending SoP creditors.
  • The District Court of Amsterdam has indicated that it will issue a judgment on 23 September 2021.
  • The Company has a primary listing on the Frankfurt Stock Exchange and a secondary listing on the JSE Limited.

FTC Obtains $450,000 Settlement in Tate’s Auto Group Case

Retrieved on: 
Thursday, August 5, 2021

Thats why the FTC sued Berry and his dealerships.

Key Points: 
  • Thats why the FTC sued Berry and his dealerships.
  • The FTC reached an earlier settlement with the four dealerships: Tates Auto Center of Winslow, Tates Automotive, Tate Ford-Lincoln-Mercury, and Tates Auto Center of Gallup.
  • If approved by the district court, the present settlement against Berry, would result in a $450,000 payment to the FTC and conclude the FTCs case.
  • The settlement also included a stipulated dismissal of relief defendant Linda Tate, which has been entered by the court.