Contract law

Former Employee Sues Vandelay Hospitality Group CEO For Alleged Rampant Discriminatory Practices

Retrieved on: 
Thursday, July 22, 2021

The six-count petition also alleges fraud, breach of contract, unjust enrichment, and other charges.

Key Points: 
  • The six-count petition also alleges fraud, breach of contract, unjust enrichment, and other charges.
  • Vandelay owns and operates a group of high-end restaurants in the Dallas-Fort Worth area, including such familiar names as Drake's Hollywood, East Hampton Sandwich Company, Hudson House, Brentwood, and D.I.
  • Full-service in scope, the firm has a broad range of practice group specializations led by experienced attorneys.
  • With Board Certified Trial attorneys, McCathern clients are represented by some of the best in the country.

Plurilock Receives US$217,000 Order from California State Retirement Fund Manager

Retrieved on: 
Thursday, July 22, 2021

Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms.

Key Points: 
  • Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms.
  • Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances.
  • This list is not exhaustive of the factors that may affect the Company's forward-looking statements.
  • All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements.

Ferroglobe Announces (A) Results of Offer to Exchange the 9⅜% Senior Notes Due 2022 for a Combination of New 9⅜% Senior Secured Notes Due 2025 and Equity Fee and Consent Solicitation Relating to the 9⅜% Senior Notes Due 2022 and (B) Receipt of Offer

Retrieved on: 
Thursday, July 22, 2021

LONDON, July 22, 2021 (GLOBE NEWSWIRE) -- Ferroglobe PLC (the “Parent”), Ferroglobe Finance Company, PLC (the “UK Issuer”) and Globe Specialty Metals, Inc. (“Globe” and, together with the UK Issuer, the “Issuers”) today announces the results of its previously-announced offer to qualifying noteholders to exchange (the “Exchange Offer”) any and all of the 9⅜% Senior Notes due 2022 issued by the Parent and Globe (the “Old Notes”) for a total consideration per $1,000 principal amount of Old Notes comprising (i) $1,000 aggregate principal amount of new 9⅜% senior secured notes due 2025 to be issued by the Issuers (the “New Notes”) plus (ii) a cash fee, which the Parent will, at the direction of the qualifying noteholders (which direction shall be deemed to be given by such qualifying noteholders participating in the Exchange Offer and Consent Solicitation), apply as cash consideration for a subscription of new ordinary shares of the Parent, as set forth in the announcement made by the Parent on June 23, 2021, or in any other manner that the Ad Hoc Group (as defined below) may agree with the Parent.

Key Points: 
  • The Proposed Amendments provide for the elimination of substantially all of the restrictive covenants, all of the reporting covenants and certain of the events of default in the Old Notes Indenture.
  • The consummation of the Exchange Offer remains subject to satisfaction or waiver of certain conditions (the Exchange Offer Conditions).
  • The Parent has received offers from qualifying noteholders or their nominated participants to purchase $22,017,916 in principal amount of additional senior secured notes due 2025 (the Super Senior Notes).
  • Forward-looking statements are not historical facts but are based on certain assumptions of management and describe Issuers future plans, strategies and expectations.

Sierra Oncology Announces Inducement Grant Under NASDAQ Listing Rule 5635(c)(4)

Retrieved on: 
Thursday, July 22, 2021

The 2018 Equity Inducement Plan is used exclusively for the grant of equity awards to individuals as an inducement material to such individuals entering into employment with Sierra, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.

Key Points: 
  • The 2018 Equity Inducement Plan is used exclusively for the grant of equity awards to individuals as an inducement material to such individuals entering into employment with Sierra, pursuant to Rule 5635(c)(4) of the NASDAQ Listing Rules.
  • The option has an exercise price of $19.12 per share, which is equal to the closing price of Sierras common stock on the date of grant.
  • The option is subject to the terms and conditions of Sierras 2018 Equity Inducement Plan, and the terms and conditions of the stock option agreement covering the grant.
  • Sierra Oncology is a late-stage biopharmaceutical company on a mission to deliver targeted therapies that treat rare forms of cancer.

Insights on the Equipment Leasing Software Global Market to 2025 - Featuring Asset Panda, Visual Lease and Q2 Software Among Others - ResearchAndMarkets.com

Retrieved on: 
Thursday, July 22, 2021

The Global Equipment Leasing Software Market is estimated to be $614.25 million in 2020 and is expected to reach $1.2 billion by 2025, growing at a CAGR of 15.87%.

Key Points: 
  • The Global Equipment Leasing Software Market is estimated to be $614.25 million in 2020 and is expected to reach $1.2 billion by 2025, growing at a CAGR of 15.87%.
  • Key factors such as growing demand for different lease products and a constant need for tracking equipment leasing operations such as disbursement schedules, vetting checks, etc are boosting market demand for the equipment leasing software market.
  • The Global Equipment Leasing Software Market is segmented further based on Equipment Type, Product Type, End-User, Sales Channel, and Geography.
  • By Equipment Type, the market is classified as Agriculture, Construction, Manufacturing & Warehouse Tools, Medical & Biotechnology, Office Furniture, IT Hardware & Software, and Transportation.

Choice Hotels International to Report 2021 Second Quarter Results on August 5, 2021

Retrieved on: 
Wednesday, July 21, 2021

ROCKVILLE, Md., July 21, 2021 /PRNewswire/ -- Choice Hotels International, Inc .

Key Points: 
  • ROCKVILLE, Md., July 21, 2021 /PRNewswire/ -- Choice Hotels International, Inc .
  • (NYSE: CHH), one of the world's largest lodging franchisors, will report its 2021 secondquarter earnings results before the market opens on Thursday, August 5, 2021.
  • To participate in the teleconference, please dial (888) 349-0087 (domestic) or (412) 317-5259 (international) and request the Choice Hotels International call.
  • Choice Hotels International, Inc. (NYSE: CHH) is one of the largest lodging franchisors in the world.

Juan Peralta Named Coverall's Franchise Business Owner of the Year

Retrieved on: 
Wednesday, July 21, 2021

DEERFIELD BEACH, Fla., July 21, 2021 /PRNewswire-PRWeb/ -- Coverall North America, Inc. , a leading franchisor in the commercial cleaning industry, announced today that Juan Peralta, owner of Juan A. Peralta, Inc., (d.b.a Coverall) is the recipient of the Coverall Franchise Business Owner of the Year Award.

Key Points: 
  • DEERFIELD BEACH, Fla., July 21, 2021 /PRNewswire-PRWeb/ -- Coverall North America, Inc. , a leading franchisor in the commercial cleaning industry, announced today that Juan Peralta, owner of Juan A. Peralta, Inc., (d.b.a Coverall) is the recipient of the Coverall Franchise Business Owner of the Year Award.
  • Prior to becoming a Franchise Business Owner, Peralta was a process engineer for an electronics company.
  • "Juan exemplifies what it means to be a Coverall Franchise Business Owner," said Shirley Klein, Coverall's Chief Operations Officer.
  • One of the best parts of being an owner, according to Juan, is the freedom of managing your own business.

DiligenceVault and Frontier Advisors Partner on Digital Due Diligence and Data Centralization

Retrieved on: 
Wednesday, July 21, 2021

SINGAPORE, July 20, 2021 /PRNewswire/ -- DiligenceVault, a digital diligence platform that delivers data collection and information exchange solutions for consultants, asset owners and asset managers, today announced a client partnership with Frontier, Australia's leading independent asset consultant. Frontier has been at the forefront of delivering investment advice to institutional investors for more than 25 years.

Key Points: 
  • Frontier now has the ability to leverage DiligenceVault's technology to optimize the process of collecting and centralising key asset manager and fund data, tapping into the more than 6,500 asset managers already on DiligenceVault.
  • The fact that DiligenceVault can provide mutual benefits for all parties was really appealing to Frontier."
  • "We align with Frontier's data-driven focus and are committed to delivering efficiency, transparency and digital backbone to their diligence teams.
  • DiligenceVault believes in making due diligence possible for all by creating a new data-driven standard for due diligence in the investment management industry.

Powerful Franchise Development Company Adds Two New Brands to Portfolio

Retrieved on: 
Tuesday, July 20, 2021

Founded in 2017, REP'M Group has quickly transformed into an elite business development company offering the full spectrum of development services under one roof.

Key Points: 
  • Founded in 2017, REP'M Group has quickly transformed into an elite business development company offering the full spectrum of development services under one roof.
  • From selling units to opening franchisee doors and developing and managing plans for sustainable growth, REP'M Group has lofty goals for both brands.
  • Even amidst the economic uncertainty brought on by COVID-19, REP'M Group has quickly become a company to watch in the franchise industry.
  • As the only true full-service Franchise Development company, REP'M Group are experts in every stage of launching a Franchise Brand, selling and opening franchisee doors, and developing and managing plans for sustainable growth.

Visual Lease Announces Strong Second Quarter Results

Retrieved on: 
Tuesday, July 20, 2021

Visual Lease , provider of the #1 lease optimization software, today announced results from the second quarter of 2021, including double-digit annual recurring revenue growth year-over-year, as well as industry recognition for its robust software capabilities and sustained high growth.

Key Points: 
  • Visual Lease , provider of the #1 lease optimization software, today announced results from the second quarter of 2021, including double-digit annual recurring revenue growth year-over-year, as well as industry recognition for its robust software capabilities and sustained high growth.
  • To keep up with announcements from Visual Lease, visit the Visual Lease Newsroom .
  • Visual Lease is the provider of the #1 lease optimization software for managing, analyzing, streamlining and reporting on lease portfolios.
  • Committed to ongoing innovation and unparalleled customer service, Visual Lease helps organizations transform their lease compliance requirements into financial opportunities.