Sixth

New NCLA Lawsuit Exposes Public Company Accounting Oversight Board’s Star Chamber Proceedings

Retrieved on: 
Tuesday, March 5, 2024

NCLA’s client, John Doe (a pseudonym used to protect his anonymity), asks the Court to stop these disciplinary proceedings and declare them unconstitutional.

Key Points: 
  • NCLA’s client, John Doe (a pseudonym used to protect his anonymity), asks the Court to stop these disciplinary proceedings and declare them unconstitutional.
  • NCLA is pleased to partner with Tom Potter in the Nashville office of Burr & Forman LLP on this important matter of first impression.
  • After years of intrusive investigation, PCAOB can impose punishing sanctions against individual accountants and accounting firms in its regulatory ambit.
  • The Board’s disciplinary proceedings deprive John Doe of his right to a jury trial, violating the Sixth and Seventh Amendments.

NCLA Brief Asks High Court to Restore Law Forbidding Congress from Divesting Legislative Power

Retrieved on: 
Friday, March 1, 2024

Congress may not divest to an executive agency legislative power that Article I of the Constitution vests in it, a principle known as the nondelegation doctrine.

Key Points: 
  • Congress may not divest to an executive agency legislative power that Article I of the Constitution vests in it, a principle known as the nondelegation doctrine.
  • The Supreme Court should review the Sixth Circuit’s erroneous decision and deem unrestricted divestment of power impermissible.
  • NCLA’s amicus brief details how the nondelegation doctrine developed to prevent Congress from divesting legislative power to outside parties, but its modern application actually enables constitutional violations, wrongly legitimizing statutes that effectively grant power to the Executive Branch.
  • NCLA released the following statements:
    “The nondelegation doctrine purports to prohibit Congress from delegating any lawmaking power to executive agencies.

NCLA Amicus Brief Asks U.S. Supreme Court to Reject NLRB-Specific Preliminary Injunction Standard

Retrieved on: 
Wednesday, February 28, 2024

The U.S. Court of Appeals for the Sixth Circuit upheld the injunction granted below due to prior circuit precedent.

Key Points: 
  • The U.S. Court of Appeals for the Sixth Circuit upheld the injunction granted below due to prior circuit precedent.
  • NCLA’s brief asks the Supreme Court to reject this textually baseless test, reverse the Sixth Circuit’s ruling, and require NLRB to satisfy the same injunction standard as every other litigant.
  • The Supreme Court has clarified, in many other contexts, that federal courts may not issue preliminary injunctions unless the party seeking the P.I.
  • NCLA asks the Supreme Court to eliminate this coercive dynamic and force NLRB to meet the traditional preliminary injunction standard rather than the Sixth Circuit’s preferential version.

American Hotel Income Properties REIT LP Reports 2023 Results With 5.9% Annual RevPAR Growth

Retrieved on: 
Wednesday, February 28, 2024

On November 7, 2023, AHIP entered into an amendment to its revolving credit facility (the “RCF”) and certain term loans (the “Sixth Amendment”).

Key Points: 
  • On November 7, 2023, AHIP entered into an amendment to its revolving credit facility (the “RCF”) and certain term loans (the “Sixth Amendment”).
  • The total appraised value of the 20 hotel properties (the "Borrowing Base Properties") is $286.2 million.
  • The appraised value of $286.2 million for the 20 Borrowing Base Properties (2,070 keys) is equivalent to $138 thousand per key.
  • The borrowing availability is subject to a maximum of 67.5% LTV based on the appraised value of the Borrowing Base Properties.

A New Book Listens to Women Leaders and Discovers a Management Model for the Future

Retrieved on: 
Tuesday, March 5, 2024

The book features real-life narratives that describe methods women business leaders have used to respond to crises and opportunities in their organizations.

Key Points: 
  • The book features real-life narratives that describe methods women business leaders have used to respond to crises and opportunities in their organizations.
  • These strategies reflect women's psychology and have enabled leaders to achieve greater profits and sustainability.
  • The Sixth Level model is derived from the contributors' narratives as seen through the lens of Self-in-Relation theory.
  • Accordingly, the Sixth Level model modifies the idea of Maslow's hierarchy of needs, which was based on men's psychology alone.

In NCLA Amicus Win, Supreme Court Will Hear Case Against NLRB’s Odd Prelim Injunction Standard

Retrieved on: 
Friday, January 12, 2024

NLRB used a preliminary injunction it obtained in federal district court without ever establishing that Starbucks likely broke the law.

Key Points: 
  • NLRB used a preliminary injunction it obtained in federal district court without ever establishing that Starbucks likely broke the law.
  • NCLA filed an amicus curiae brief in Starbucks Corp. v. McKinney, asking the Justices to grant cert, reverse the Sixth Circuit, and overturn NLRB’s special injunction standard.
  • The Supreme Court has clarified, in many different contexts, that federal courts may not issue preliminary injunctions unless the party seeking the P.I.
  • Now, the Supreme Court has an opportunity to end this abusive practice nationwide.”
    “NLRB’s sui generis preliminary injunction standard is a judge-made departure from the norm.

WeBank and FISCO host annual Blockchain Ecosystem Day, celebrating innovations and accomplishments in the blockchain industry

Retrieved on: 
Friday, December 29, 2023

SHENZHEN, China, Dec. 28, 2023 /PRNewswire/ -- Recently in Shenzhen, WeBank and the Financial Services Blockchain Consortium (FISCO) hosted the 2023 Industrial Blockchain Ecosystem Day and celebrated the Sixth Anniversary of the FISCO BCOS Open-Source Ecosystem.

Key Points: 
  • SHENZHEN, China, Dec. 28, 2023 /PRNewswire/ -- Recently in Shenzhen, WeBank and the Financial Services Blockchain Consortium (FISCO) hosted the 2023 Industrial Blockchain Ecosystem Day and celebrated the Sixth Anniversary of the FISCO BCOS Open-Source Ecosystem.
  • Participating organizations and individuals further discussed the impact of safe and secure blockchain in empowering industry digitization.
  • Respected industry leaders and academia delved into discussions about industry applications of blockchain technology in sectors like healthcare, finance, and oceanography.
  • Emily Ye, a digital employee from WeBank, presented the "Development Report of the Industry Application of FISCO BCOS 2023" at the event.

NCLA Amicus Brief Asks Supreme Court to Hear Case Challenging NLRB’s Unfair Injunction Standard

Retrieved on: 
Tuesday, November 7, 2023

The New Civil Liberties Alliance has filed an amicus curiae brief urging the U.S. Supreme Court to hear the Starbucks Corp. v. McKinney case, reverse the Sixth Circuit’s error, and overturn the injunction.

Key Points: 
  • The New Civil Liberties Alliance has filed an amicus curiae brief urging the U.S. Supreme Court to hear the Starbucks Corp. v. McKinney case, reverse the Sixth Circuit’s error, and overturn the injunction.
  • Yet, five federal circuit courts, including the Sixth Circuit, apply a far more relaxed standard when NLRB seeks a preliminary injunction against an employer.
  • This judge-made departure from the usual preliminary injunction standard amounts to systematic judicial bias in favor of injunctions being sought by NLRB.
  • NCLA asks the Supreme Court to eliminate this coercive dynamic, which exemplifies many deep-seated problems in the Administrative State.

Major Textile Events to Be Held in E China

Retrieved on: 
Thursday, October 12, 2023

Two world-class textile industry conferences will be held in Zhejiang Province in eastern China in early November.

Key Points: 
  • Two world-class textile industry conferences will be held in Zhejiang Province in eastern China in early November.
  • Nearly a quarter of the world's textile products are traded here, with an annual turnover exceeding 330 billion yuan (about 45.2 billion U.S. dollars).
  • According to the organizer, during the ITMF Annual Conference, hundreds of participants will discuss the global macro-economy and China's textile industry, and share their practical experience in the global textile industry.
  • The World Textile Merchandising Conference consists of a theme forum and 10 parallel forums.

Hexagon's Sixth Sense Announces Nine Startups to Transform Manufacturing Sustainability and Digital Reality

Retrieved on: 
Monday, September 25, 2023

COBHAM, England, Sept. 25, 2023 /PRNewswire/ -- Today, Hexagon's Manufacturing Intelligence division announced the nine manufacturing startups chosen for its third Sixth Sense cohort. The selected companies were chosen from a highly competitive pool of hundreds of applicants, distinguishing themselves with groundbreaking solutions addressing critical manufacturing challenges, with a focus on sustainability and digital reality.

Key Points: 
  • COBHAM, England, Sept. 25, 2023 /PRNewswire/ -- Today, Hexagon's Manufacturing Intelligence division announced the nine manufacturing startups chosen for its third Sixth Sense cohort.
  • This initiative is designed to nurture startups within the manufacturing industry by supporting them with Hexagon's extensive resources.
  • Additionally, they will be showcased on Hexagon's open digital reality platform for manufacturing, Nexus , providing them access to world-class companies.
  • "Hexagon's commitment to nurturing innovation and driving sustainable manufacturing practices continues to shine through," said Milan Kocić, head of Sixth Sense, Hexagon.