RWT

J.S. Held Intellectual Property Experts Role in Diverted Profits Tax Case in Australia - PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490

Retrieved on: 
Thursday, February 8, 2024

JERICHO, N.Y., Feb. 8, 2024 /PRNewswire-PRWeb/ -- Global consulting firm J.S. Held proudly announces that experts in the intellectual property (IP) practice, including Jim Malackowski, Greg Campanella, and Noor Al-Banna contributed to the case PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490 in the Federal Court of Australia.

Key Points: 
  • Held contributed to the case of PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490 on behalf of the Commissioner of Taxation who was successful in the proceedings.
  • Held proudly announces that experts in the intellectual property (IP) practice, including Jim Malackowski, Greg Campanella, and Noor Al-Banna contributed to the case PepsiCo, Inc. v. Commissioner of Taxation [2023] FCA 1490 in the Federal Court of Australia.
  • Diverted Profits Tax (DPT) is an area of focus for multinational enterprises and tax authorities.
  • This decision confirms PepsiCo, Inc. is liable for royalty withholding tax and, in the alternative, diverted profits tax would apply.

Redwood Trust Announces Pricing of Public Offering of Preferred Stock

Retrieved on: 
Wednesday, January 11, 2023

Redwood Trust, Inc. (“Redwood”) (NYSE: RWT) today announced the pricing of an underwritten public offering of 2,600,000 shares of its 10.00% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) with a liquidation preference of $25.00 per share, resulting in gross proceeds of $65.0 million.

Key Points: 
  • Redwood Trust, Inc. (“Redwood”) (NYSE: RWT) today announced the pricing of an underwritten public offering of 2,600,000 shares of its 10.00% Series A Fixed-Rate Reset Cumulative Redeemable Preferred Stock (the “Series A Preferred Stock”) with a liquidation preference of $25.00 per share, resulting in gross proceeds of $65.0 million.
  • In connection with the offering, Redwood has granted the underwriters a 30-day option to purchase up to an additional 390,000 shares of Series A Preferred Stock, solely to cover over-allotments.
  • Redwood intends to apply to list the Series A Preferred Stock on the New York Stock Exchange under the symbol "RWT PRA."
  • The offering is expected to close on January 18, 2023, subject to the satisfaction of customary closing conditions.

Redwood Trust Announces Dividend of $0.23 Per Share for the Fourth Quarter of 2022

Retrieved on: 
Thursday, December 8, 2022

Redwood Trust, Inc. (NYSE: RWT; Redwood or the Company), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized the declaration of a fourth quarter 2022 regular common stock dividend of $0.23 per share.

Key Points: 
  • Redwood Trust, Inc. (NYSE: RWT; Redwood or the Company), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors authorized the declaration of a fourth quarter 2022 regular common stock dividend of $0.23 per share.
  • The fourth quarter 2022 dividend is payable on December 28, 2022 to stockholders of record on December 20, 2022.
  • Redwood Trust, Inc. (NYSE: RWT) is a specialty finance company focused on several distinct areas of housing credit.
  • Redwood Trust is internally managed and structured as a real estate investment trust ("REIT") for tax purposes.

BAFFIN EXTENDS INDUSTRIAL COLLECTION WITH NEW SAFETY BOOT FOR EXTREME COLD

Retrieved on: 
Thursday, December 1, 2022

STONEY CREEK, ON, Dec. 1, 2022 /PRNewswire/ - Baffin is proud to introduce ICE MONSTER (STP), a new safety boot for winter, available now in stores and online.

Key Points: 
  • STONEY CREEK, ON, Dec. 1, 2022 /PRNewswire/ - Baffin is proud to introduce ICE MONSTER (STP), a new safety boot for winter, available now in stores and online.
  • "We are excited to introduce ICE MONSTER (STP) to our Industrial Collection and specifically to our ever-growing line of industrial boots that can be worn year-round and withstand a cold and unpredictable climate.
  • ICE MONSTER (STP) marries our expertise in technically advanced, cold climate footwear with thenecessary safety features tocreate acomfortable and protected workboot for all elements," says Mark Hubner, Senior Vice President, Commercial at Baffin.
  • ICE MONSTER (STP) is the first boot in Baffin's Industrial Collection to feature the proprietary IceBite Grip for greater slip-resistance on ice than conventional rubber.

BAFFIN EXTENDS MADE IN CANADA COLLECTION WITH NEW BOOT FOR WOMEN

Retrieved on: 
Wednesday, October 26, 2022

STONEY CREEK, ON, Oct. 26, 2022 /PRNewswire/ - Baffin is proud to introduce JASPER, a new women's boot available now in stores and online.

Key Points: 
  • STONEY CREEK, ON, Oct. 26, 2022 /PRNewswire/ - Baffin is proud to introduce JASPER, a new women's boot available now in stores and online.
  • An expansion of the Canadian Collection which launched in Fall 2021, JASPERwas created to be adaptable through the most diverse weather conditions and environments.
  • "We are excited to introduce JASPER to our growing line of Made in Canada products.
  • Baffin Ltd. is a wholly owned subsidiary of Canada Goose Holdings Inc.
    View original content to download multimedia: https://www.prnewswire.com/news-releases/baffin-extends-made-in-canada-c...

OMA Construction Teamsters Ratify Strong New Contract

Retrieved on: 
Friday, October 21, 2022

TUKWILA, Wash., Oct. 21, 2022 /PRNewswire/ -- About 75 drivers and mechanics at OMA Construction overwhelmingly ratified a new contract with Teamsters Local 174, cementing one of the strongest Teamster deals in the construction industry.

Key Points: 
  • TUKWILA, Wash., Oct. 21, 2022 /PRNewswire/ -- About 75 drivers and mechanics at OMA Construction overwhelmingly ratified a new contract with Teamsters Local 174, cementing one of the strongest Teamster deals in the construction industry.
  • The new contract delivers top-tier wages, health care, and pension benefits, as well as strong work rules to protect workers' rights on the job.
  • "We are proud to once again deliver a strong contract to our members at OMA Construction," said Local 174 Secretary-Treasurer Rick Hicks.
  • OMA is relatively new to the Teamsters, having been nonunion until they voted to become Teamsters in 2016.

Redwood Trust Provides Preliminary Third Quarter 2022 Financial Results and Announces Date of Third Quarter 2022 Financial Results Webcast and Conference Call

Retrieved on: 
Thursday, October 13, 2022

Redwood Trust, Inc. (NYSE: RWT; Redwood or the Company), a leader in expanding access to housing for homebuyers and renters, today provided preliminary results for certain financial measures for the quarter ended September 30, 2022 and also announced the date for the Companys third quarter 2022 financial results webcast and conference call.

Key Points: 
  • Redwood Trust, Inc. (NYSE: RWT; Redwood or the Company), a leader in expanding access to housing for homebuyers and renters, today provided preliminary results for certain financial measures for the quarter ended September 30, 2022 and also announced the date for the Companys third quarter 2022 financial results webcast and conference call.
  • The Company also announced it is scheduled to release its full third quarter 2022 results on October 27, 2022 after the close of the market.
  • Redwood's senior management team plans to hold a conference call to discuss its third quarter 2022 financial results later that same day at 2:00 pm Pacific Time/ 5:00 pm Eastern Time.
  • The conference call will be webcast live in listen-only mode through the News & Events section of Redwoods Investor Relations website at https://www.redwoodtrust.com/investor-relations/news-events/events .

Redwood Trust Names New Chief Investment Officer and Announces Transition of CoreVest Leadership Team

Retrieved on: 
Monday, September 26, 2022

Fred Matera, Redwoods current Head of Residential, will assume the role of Chief Investment Officer of Redwood, overseeing centralized investment, capital markets and distribution functions across the Companys investment portfolio and Business Purpose Lending and Residential Mortgage Banking businesses.

Key Points: 
  • Fred Matera, Redwoods current Head of Residential, will assume the role of Chief Investment Officer of Redwood, overseeing centralized investment, capital markets and distribution functions across the Companys investment portfolio and Business Purpose Lending and Residential Mortgage Banking businesses.
  • In addition, Beth OBrien, Founder and Chief Executive Officer of CoreVest American Finance Lender LLC (CoreVest), and Christopher Hoeffel, President of CoreVest, will depart from Redwood on October 14, 2022.
  • I want to congratulate Fred Matera on his new role as Chief Investment Officer of Redwood, said Christopher Abate, Chief Executive Officer of Redwood.
  • Redwood Trust is internally managed and structured as a real estate investment trust ("REIT") for tax purposes.

BAFFIN ANNOUNCES PARTNERSHIP WITH CANADA OCEAN RACING

Retrieved on: 
Tuesday, September 20, 2022

STONEY CREEK, ON, Sept. 20, 2022 /PRNewswire/ - Baffin is proud to announce its sponsorship of Canada Ocean Racing's Tour of Canada 2022.

Key Points: 
  • STONEY CREEK, ON, Sept. 20, 2022 /PRNewswire/ - Baffin is proud to announce its sponsorship of Canada Ocean Racing's Tour of Canada 2022.
  • Backed by renowned British sailor Alex Thomson, the Canada Ocean Racing team will compete in a series of races and hope to inspire the development of offshore sailing in Canada.
  • "At Baffin, we make products for individuals who are seeking to achieve the extraordinary and that is why we are honoured to support Scott and Canada Ocean Racing as they begin their extraordinary journeys," says Paul Hubner, President at Baffin.
  • Canada Ocean Racing will build and lead a world-class offshore sailing venture in Canada, and in doing so, inspire the next generation, while creating a strong foundation for the continued development of the sport across the nation.

BAFFIN INTRODUCES NEW COLLECTION INSPIRED BY CITY LIVING

Retrieved on: 
Friday, September 16, 2022

Inspired by those who brave the cold of winter in the city, the Downtown Collection introduces modern footwear made with proven technology, comfort, and warmth for all users.

Key Points: 
  • Inspired by those who brave the cold of winter in the city, the Downtown Collection introduces modern footwear made with proven technology, comfort, and warmth for all users.
  • A winter boot disguised as a shoe, the Downtown Collection provides the same confidence in cold-climate protection as Baffin's substantial winter boots.
  • The Downtown Collection is Northern Rated in Baffin's Real-World Testing (RWT) evolution, which helps recommend cold-comfort levels associated with Baffin footwear.
  • We're excited to introduce the Downtown Collection to our growing range of lifestyle winter boots,"says Mark Hubner, Senior Vice President, Commercial at Baffin.