Federal court

EQS-News: Australian Patent Update

Retrieved on: 
Wednesday, April 10, 2024
Government, Exercise, Federal court, Commissioner, Patent, ASX, United States patent law, Disclosure, EGR, FMK

EcoGraf Limited (“EcoGraf” or the “Company”) (ASX: EGR; FSE: FMK; OTCQB: ECGFF) advises that the delegate of the Australian Commissioner of Patents has issued findings in favour of opposition raised to the Company’s Australian patent application, filed on 1 November 2022 and entitled “Method of Producing Purified Graphite”.

Key Points: 
  • EcoGraf Limited (“EcoGraf” or the “Company”) (ASX: EGR; FSE: FMK; OTCQB: ECGFF) advises that the delegate of the Australian Commissioner of Patents has issued findings in favour of opposition raised to the Company’s Australian patent application, filed on 1 November 2022 and entitled “Method of Producing Purified Graphite”.
  • For full details refer:
    EcoGraf is considering its position in relation to the matter, specifically whether or not it intends to file amendments to overcome the deficiencies identified by the delegate in the Company’s Australian patent application and/or whether to exercise its right of appeal to the Federal Court.
  • The US Patent and Trademark Office has confirmed that the Company’s patent application, filed on 1 November 2022, entitled “Method of Producing Purified Graphite” was granted on 18 July 2023 as US Patent 11,702342 (refer ASX announcement US Patent Granted 19 July 2023).
  • The Company’s EcoGraf HFfree™ Australian Product Qualification Facility is being developed with the support of a $2.9m grant provided by the Australian Government under the Critical Minerals Development Program, with commissioning scheduled to commence next month.

EQS-News: Complete Exoneration for Kay Rieck by the Federal Court of Justice with Support from DORNKAMP Lawyers

Retrieved on: 
Wednesday, April 10, 2024
Federal court, ECI, BGH, OLG, Jurisprudence, Judgement, Prospectus, Celle, Investment, Oberlandesgericht

Kay Rieck can record it as a remarkable legal success that the Federal Court of Justice (BGH) has confirmed his position in a protracted and complex legal dispute and could not find any prospectus errors.

Key Points: 
  • Kay Rieck can record it as a remarkable legal success that the Federal Court of Justice (BGH) has confirmed his position in a protracted and complex legal dispute and could not find any prospectus errors.
  • Kay Rieck sees in the BGH's decision a clear affirmation of the legality of his actions in the creation of the prospectus.
  • "This decision by the Federal Court of Justice is a milestone for jurisprudence and personally, it's a profound relief," stated Rieck.
  • "The judgment of the Federal Court of Justice sends a strong signal that justice ultimately prevails," Rieck further stated.

ATHA Energy Announces 92 Energy Obtains Court Approval

Retrieved on: 
Wednesday, March 27, 2024
Uranium, Federal court, ASX, FRA, News, Acquisition, Scheme, Investment, GMZ, Athabasca

VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that the Federal Court of Australia (the “Court”) has made orders approving the previously announced Australian scheme (the “Scheme”) involving ATHA and 92 Energy Limited (ASX: 92E) (“92 Energy”).

Key Points: 
  • VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that the Federal Court of Australia (the “Court”) has made orders approving the previously announced Australian scheme (the “Scheme”) involving ATHA and 92 Energy Limited (ASX: 92E) (“92 Energy”).
  • The Scheme was previously announced in the news releases of ATHA dated December 7, 2023, and January 25, 2024.
  • The Managing Director of 92 Energy, Siobhan Lancaster, said: “The merger with ATHA begins a new chapter of opportunity for 92 Energy shareholders.
  • 92 Energy has enjoyed significant exploration success since listing, culminating in its discovery of the GMZ, and I would like to thank the 92 Energy board, management, shareholders and advisors for their invaluable support and contributions.”
    Troy Boisjoli, Chief Executive Officer of ATHA, comments, “We are thrilled with the overwhelming level of support from 92 Energy’s shareholders in the previously announced vote to approve the transaction.

ATHA Energy Announces 92 Energy Obtains Shareholder Approval for Transaction

Retrieved on: 
Monday, March 25, 2024
TSX Venture Exchange, Federal court, Proxy, ASX, FRA, News, Corporation

VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that shareholders (“92 Energy Shareholders”) of 92 Energy Limited (ASX: 92E) (“92 Energy”) have voted in favour of the previously announced Australian scheme (the “Scheme”) involving ATHA and 92 Energy at 92 Energy’s meeting of 92 Energy Shareholders.

Key Points: 
  • VANCOUVER, British Columbia, March 25, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (TSXV: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to announce that shareholders (“92 Energy Shareholders”) of 92 Energy Limited (ASX: 92E) (“92 Energy”) have voted in favour of the previously announced Australian scheme (the “Scheme”) involving ATHA and 92 Energy at 92 Energy’s meeting of 92 Energy Shareholders.
  • 99.65% of the votes cast by 92 Energy Shareholders were in favour of the Scheme; and
    94.62% of 92 Energy Shareholders present and voting (in person or by proxy, attorney or corporate representative) voted in favour of the Scheme.
  • Although 92 Energy Shareholder approval has been obtained, the Scheme remains subject to a number of customary conditions detailed in the amended and restated scheme implementation deed dated January 25, 2024, between ATHA and 92 Energy, including, without limitation, final approval of the Federal Court of Australia, final approval of the TSX Venture Exchange (the “TSXV”), and other customary closing conditions.
  • For additional information on the Scheme, please refer to ATHA’s news releases dated December 7, 2023, and January 25, 2024.

Labaton Keller Sucharow LLP and Entwistle & Cappucci LLP Announce Notice of Pendency of Stockholder Class Actions and Proposed Settlement for All Record and Beneficial Owners of Pattern Energy Group Inc. Common Stock as of March 16, 2020

Retrieved on: 
Monday, March 18, 2024
Agreement, Justice Center, Goldman Sachs, Compromise, Mergers and acquisitions, CPP Investment Board, Federal court, Prejudice, Riverstone Holdings, Class, Episcopal conference, Eligibility, Court, Effective date, Federal, District court, Defendant, CLASS, Settlement, Net settlement, LP, Plaintiff, Notice, Judgement, Post office box, PEGI, Hearing

If you have not yet received the Notice, you may obtain a copy of the Notice by contacting the Settlement Administrator at Pattern Energy Group Inc.

Key Points: 
  • If you have not yet received the Notice, you may obtain a copy of the Notice by contacting the Settlement Administrator at Pattern Energy Group Inc.
  • Eligible Class Members do not have to submit a claim form to receive a payment from the Settlement.
  • Please do not contact the Court of Chancery or the Office of the Register in Chancery regarding this notice.
  • All questions about this notice, the proposed Settlement, or your eligibility to participate in the Settlement should be directed to the Settlement Administrator or Plaintiffs' Counsel.

Can B Corp. Secures Ownership and Control of Two Cannabis Patents Valued at $122 Million and Potentially in Excess of $750 Million

Retrieved on: 
Monday, March 11, 2024
OTCQB, Cancer, Anxiety, THCA, Shikimate pathway, Growth, CBN, Cannabinoid, European, Health, Ground substance, Chronic pain, Patent, Federal court, THC, PTSD, Cannabis, Sleep, IBS, Controlled Substances Act, Pharmaceutical industry

HICKSVILLE, NY, March 11, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Can B Corp., a Florida corporation (OTCQB: CANB) (“Can B”), a health and wellness company specializing in developing, producing and selling hemp-derived cannabinoid products, is pleased to announce that it has secured ownership and control of two cannabis patents that were valued at $122 million, applying a 90% discount and assuming a revenue stream through August 2034, and further based on only CBD claims and only in the U.S. It is believed that if the global THC and CBD markets were added to the valuation, then the value of the patents is potentially up to $750 million.

Key Points: 
  • It is believed that if the global THC and CBD markets were added to the valuation, then the value of the patents is potentially up to $750 million.
  • These patents were previously awarded to United Cannabis Corporation and recently assigned to Can B by a court procedure.
  • The patents were valued at $122 million in December 2020 by an independent third-party valuation team, which used a 90% discount rate due to the emerging nature of the industry.
  • We believe there is a strong opportunity to monetize these patents as they represent important innovations in this industry.

ATHA Energy Provides Further Updates to Transaction With 92 Energy

Retrieved on: 
Wednesday, February 21, 2024
AWST, Acquisition, News, FRA, Scheme, ASIC, ASX, SASK, Federal court, Energy, Investment

VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to provide another update on its previously announced proposed acquisition transaction with 92 Energy Limited (ASX: 92E) (OTCQX: NTELF) (“92E”) further to its press releases dated December 7, 2023, January 25, 2024, and February 7, 2024.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 21, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA”) is pleased to provide another update on its previously announced proposed acquisition transaction with 92 Energy Limited (ASX: 92E) (OTCQX: NTELF) (“92E”) further to its press releases dated December 7, 2023, January 25, 2024, and February 7, 2024.
  • The Scheme Meeting will be held at 9:00 a.m. (AWST) on Monday, March 25, 2024.
  • Details of how to participate in the Scheme Meeting are provided in the Scheme Booklet and the notice of Scheme Meeting.
  • The Scheme Booklet will be released to the Australia Securities Exchange and sent to 92 Energy Shareholders following registration with the Australian Securities and Investments Commission (ASIC).

Zimmerman Reed Sues Redfin and Realtors Associations for Antitrust Violations

Retrieved on: 
Tuesday, March 5, 2024
National Association, LOS, MLS, Sale, Multiple listing service, Federal court, Reed, Real estate

Due to the MLS conditions set by the National Association of Realtors and the California Association of Realtors, buyer's-side agents are actually paid by the opposite party in a home sale--the buyer. Because buyers therefore do not pay their own agents, the market is deprived of the downward pressure on prices that occurs with true competition; the buyer has no incentive to shop around, and the agents have little incentive to discount their rates. As a result, homeowners pay higher fees for one of their largest transactions of their lives.

Key Points: 
  • Zimmerman Reed has filed a case in Federal Court in the Central District of California against Redfin, National Association of Realtors, and the California Association of Realtors for allegedly conspiring to fix and inflate the price of buyer-side real estate agent commissions to supercompetitive levels.
  • That's why we aim to permanently end this practice for all Californians," said Caleb Marker, Zimmerman Reed Managing Partner.
  • The National Association of Realtors administers MLS through local branches and sets the conditions for using its indispensable MLS tool.
  • The case also alleges that Redfin have agreed to these rules set by the realtor associations and required its Redfin agents to abide by them as well, prior to Redfin's exit from the California and National Associations of Realtors in late 2023.

Prime Minister announces the appointment of the Honourable Konrad von Finckenstein as Conflict of Interest and Ethics Commissioner

Retrieved on: 
Thursday, February 29, 2024
Commons, Canada Dry, Finckenstein, Competition Bureau, Government, Ethics, Competition, House, Interest, Federal court, Conflict, Policy, Conflict of interest, Parliament, Commissioner

OTTAWA, ON, Feb. 29, 2024 /CNW/ - The Prime Minister, Justin Trudeau, today announced the appointment of the Honourable Konrad von Finckenstein as Conflict of Interest and Ethics Commissioner.

Key Points: 
  • OTTAWA, ON, Feb. 29, 2024 /CNW/ - The Prime Minister, Justin Trudeau, today announced the appointment of the Honourable Konrad von Finckenstein as Conflict of Interest and Ethics Commissioner.
  • He is a recipient of the Order of Canada and served as interim Conflict of Interest and Ethics Commissioner.
  • The Conflict of Interest and Ethics Commissioner is an Agent of Parliament appointed for a term of seven years.
  • The Commissioner administers the Conflict of Interest Act, which sets out clear conflict of interest and post-employment rules applicable to public office holders.