Private law

Kala Pharmaceuticals Reports Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)

Friday, September 18, 2020 - 9:05pm

The Company granted stock options to purchase up to 7,000 shares of Kala Pharmaceuticals common stock to a new employee.

Key Points: 
  • The Company granted stock options to purchase up to 7,000 shares of Kala Pharmaceuticals common stock to a new employee.
  • The grant was approved by the Compensation Committee and made as an inducement material to the employee entering into employment with Kala Pharmaceuticals in accordance with NASDAQ Listing Rule 5635(c)(4).
  • The option award has an exercise price of $8.05 per share, the closing price of Kala Pharmaceuticals common stock on September 15, 2020.
  • Vesting of the option award is subject to the employees continued service with Kala Pharmaceuticals through the applicable vesting dates.

SBA Celebrates 50 Years of Surety Bond Guarantees

Friday, September 18, 2020 - 7:40pm

Washington, Sept. 18, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administrations (SBA) Office of Surety Guarantees (OSG) will host a two-day virtual conference to commemorate 50 years of Surety Bond Guarantees (SBG) .

Key Points: 
  • Washington, Sept. 18, 2020 (GLOBE NEWSWIRE) -- The U.S. Small Business Administrations (SBA) Office of Surety Guarantees (OSG) will host a two-day virtual conference to commemorate 50 years of Surety Bond Guarantees (SBG) .
  • The conference will assist small businesses seeking surety bonds and discuss SBAs role in the future of the surety bond industry.
  • For the last 50 years, the public-private partnership of the Office of Surety Guarantees and the surety industry has been a significant and successful collaboration impacting small business growth and job creation in the American economy, said SBA Administrator Jovita Carranza .
  • The SBA guarantees surety bonds for certain surety companies, which allows the companiesto offer surety bonds to small businesses that might not meet the criteria for other sureties.

San Juan Basin Royalty Trust Declares No Cash Distribution for September 2020

Friday, September 18, 2020 - 2:00pm

BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the Trust) (NYSE:SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the Unit Holders) due to prior excess production costs from the April 2020 production month.

Key Points: 
  • BBVA USA, as Trustee of the San Juan Basin Royalty Trust (the Trust) (NYSE:SJT), today reported that it will not declare a monthly cash distribution to the holders of its Units of beneficial interest (the Unit Holders) due to prior excess production costs from the April 2020 production month.
  • Hilcorp will charge the remaining excess production costs of $92,003 gross ($69,003 net to the Trust) to the next months distribution.
  • Cash reserves will be utilized to pay Trust administrative expenses of $87,207 for the month.
  • No cash distributions will be distributed by the Trust until future net proceeds are sufficient to pay then-current Trust liabilities and replenish cash reserves.

ExchangeRight Fully Subscribes $44.5 Million Offering Focused Exclusively on Essential Businesses

Thursday, September 17, 2020 - 2:00pm

ExchangeRight has fully subscribed its $44.5 million Net-Leased Portfolio 36 DST offering.

Key Points: 
  • ExchangeRight has fully subscribed its $44.5 million Net-Leased Portfolio 36 DST offering.
  • The offering launched on July 1 with fixed-rate financing with an annual rate of 3.75% and a weighted-average lease term of 10.2 years.
  • ExchangeRights current monthly distribution to investors is 6.18% with targeted annual growth resulting from contractual rent increases written into the portfolios leases.
  • The company sources, syndicates, and strategically manages long-term, net-leased assets backed by investment-grade corporations that operate essential businesses successfully in the necessity-based retail and healthcare industries.

Fair Bolsters Used Car Platform With 2-Year, 3-Year Leases

Thursday, September 17, 2020 - 2:00pm

SANTA MONICA, Calif., Sept. 17, 2020 /PRNewswire/ --Used car leasing platform Fair today announced it is offering 2-year and 3-year leases to complement its month-to-month option, creating a suite of affordable mobility options for drivers, regardless of their flexibility needs.

Key Points: 
  • SANTA MONICA, Calif., Sept. 17, 2020 /PRNewswire/ --Used car leasing platform Fair today announced it is offering 2-year and 3-year leases to complement its month-to-month option, creating a suite of affordable mobility options for drivers, regardless of their flexibility needs.
  • The two new lease options apply to all Fair cars and will offer monthly savings to customers who want to keep their Fair car longer.
  • With the launch of the program, Fair becomes the only at-scale vehicle platform offering pre-owned leases a cost-effective and accessible alternative to new car leases, which are generally more expensive.
  • Fair is a digital used car leasing platform, offering a new way to get an affordable pre-owned car that responds to consumer demand for more freedom.

Equity Commonwealth Appoints Ellen-Blair Chube to Board of Trustees

Thursday, September 17, 2020 - 12:45pm

Equity Commonwealth (NYSE: EQC) announced the appointment of Ellen-Blair Chube to the Companys Board of Trustees until the next annual meeting of shareholders.

Key Points: 
  • Equity Commonwealth (NYSE: EQC) announced the appointment of Ellen-Blair Chube to the Companys Board of Trustees until the next annual meeting of shareholders.
  • Equity Commonwealths Board of Trustees has determined that Ms. Chube, who will serve as a member of the Companys Nominating and Corporate Governance Committee, qualifies as an independent trustee under the New York Stock Exchange listing standards.
  • Ms. Chube, 39, is a Partner, Managing Director and Client Service Officer at William Blair, a global boutique investment bank and investment management company.
  • Prior to joining William Blair in 2015, Ms. Chube was Vice President and Chief of Staff to the Chairman and CEO at Ariel Investments.

JSBell Law Launches Divorce Practice

Wednesday, September 16, 2020 - 4:26pm

DALLAS, Sept. 16, 2020 /PRNewswire/ --JSBell Law is proud to announce a new practice area - divorce law.

Key Points: 
  • DALLAS, Sept. 16, 2020 /PRNewswire/ --JSBell Law is proud to announce a new practice area - divorce law.
  • James S. Bell, Founder of JSBell Law, is a renowned attorney with experience in handling cases involving large settlements and verdicts.
  • By including divorce law into the firm's practice, Mr. Bell hopes to bring to an end the era of "painful" divorce processes.
  • Divorcing spouses who would like to use a law firm with a track record of getting favorable outcomes can contact JSBell Law for a free initial no-obligation consultation.

Travis Perkins: Director/PDMR Shareholding

Wednesday, September 16, 2020 - 3:08pm

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • Travis Perkins plc (the "Company") announces that on 14 September 2020 the Company was informed that the following transactions and awards of options in respect of ordinary shares of 10p each in the Company ("Shares") were conducted in respect of the PDMRs listed below.
  • Alan Williams, Chief Financial Officer and a PDMR exercised the following nil-cost options over Shares ("Options") following the vesting of the 2017 cycles of the Company's 2017 Performance Share Plan ("PSP") and 2017 Co-Investment Plan ("CIP").

If you have a tort claim against The Weinstein Company or its affiliates, you must file your claim by October 31, 2020 at 5:00 p.m. Eastern Time

Wednesday, September 16, 2020 - 2:00pm

THE FACT THAT YOU HAVE RECEIVED THIS NOTICE DOES NOT MEAN THAT YOU HAVE A TORT CLAIM OR THAT THE DEBTORS BELIEVE YOU HAVE A TORT CLAIM.

Key Points: 
  • THE FACT THAT YOU HAVE RECEIVED THIS NOTICE DOES NOT MEAN THAT YOU HAVE A TORT CLAIM OR THAT THE DEBTORS BELIEVE YOU HAVE A TORT CLAIM.
  • Proofs of claim must substantially conform to the Tort Claims Proof of Claim Form attached as Exhibit 1 to the Tort Claims Bar Date Order;
    b.
  • INSTEAD, TORT CLAIMANTS MUST SUBMIT THEIR TORT CLAIMS PROOF OF CLAIM FORM CONSISTENT WITH PARAGRAPH 5(C) OF THE TORT CLAIMS BAR DATE ORDER.
  • Filed Tort Claims will not be available to the general public unless the Tort Claimant designates otherwise on its Tort Claims Proof of Claim Form.

Callinex Grants Stock Options

Tuesday, September 15, 2020 - 5:01am

VANCOUVER, BC, Sept. 14, 2020 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTC: CLLXF) announces that it has granted 375,000 stock options to its directors, officers, employees and consultants.

Key Points: 
  • VANCOUVER, BC, Sept. 14, 2020 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTC: CLLXF) announces that it has granted 375,000 stock options to its directors, officers, employees and consultants.
  • The options are exercisable at $3.50 per share, subject to certain vesting requirements and expire five years from the date of grant.
  • Callinex Mines Inc. (TSXV: CNX) (OTC: CLLXF) is advancing its portfolio of base and precious metals rich deposits located in established Canadian mining jurisdictions.
  • Except as required under applicable securities laws, Callinex does not assume the obligation to update any forward-looking statement.