Negotiation

Ivo, a Generative AI Legal Contracting Solution, Raises $4.8M to Accelerate Expansion of Existing Platform

Retrieved on: 
Thursday, April 4, 2024

Ivo will utilize this new round of funding to expand its core team and continue to drive innovation within its existing product offering.

Key Points: 
  • Ivo will utilize this new round of funding to expand its core team and continue to drive innovation within its existing product offering.
  • By using AI to reduce the time, effort, and cost of negotiating contracts, we’re making it easier for businesses to work together.
  • I’m excited to work with our team to continue pushing the frontiers of AI applications in contracting,” said Ivo co-founder and CEO Min-Kyu Jung.
  • Ivo utilized the power of generative AI to create a solution for an efficient, accurate contract review process.

Cleveland-Cliffs Issues Sustainability Report for 2023

Retrieved on: 
Wednesday, April 3, 2024

Cleveland-Cliffs Inc. (NYSE: CLF) announced today the release of its Sustainability Report 2023.

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) announced today the release of its Sustainability Report 2023.
  • The Report informs about Cleveland-Cliffs’ continued progress on environmental, social and governance (ESG) performance for 2023, including its achievements in reducing greenhouse gas (GHG) emissions and decarbonization initiatives.
  • The Sustainability Report 2023 details how Cleveland-Cliffs’ steel products help advance the transition to a low-carbon economy, providing updates and highlights related to Cleveland-Cliffs’ most important sustainability topics, including climate and GHG emissions, water, waste, talent management, labor and community relations, health and safety, and corporate governance.
  • Cleveland-Cliffs’ Sustainability Report 2023 is accessible online in the “ Sustainability ” section of the Company’s corporate website, www.clevelandcliffs.com , where a printable PDF version of the report is also available.

Ludi, Inc. Appoints Chief Commercial Officer and VP of Provider Compensation

Retrieved on: 
Tuesday, April 2, 2024

Nashville-based Ludi, Inc., the leader in provider compensation management, today announces the appointment of Tom Arena as Chief Commercial Officer and Eric Leafgreen as Vice President of Provider Compensation.

Key Points: 
  • Nashville-based Ludi, Inc., the leader in provider compensation management, today announces the appointment of Tom Arena as Chief Commercial Officer and Eric Leafgreen as Vice President of Provider Compensation.
  • Leafgreen has nearly two decades of experience leading financial operations, provider integration and managing enterprise risk with provider arrangements.
  • He comes to Ludi from GenesisCare, an integrated oncology and multi-specialty provider network, where he was responsible for developing and negotiating provider compensation models.
  • Additionally, he advised on compensation plans, provider practice acquisitions and overall provider payment practices.

Thunderbird Entertainment Promotes Lori Massini to General Counsel

Retrieved on: 
Thursday, March 28, 2024

Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (“Thunderbird” or “Company”) is pleased to announce the promotion of Lori Massini to the position of General Counsel for the Company.

Key Points: 
  • Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (“Thunderbird” or “Company”) is pleased to announce the promotion of Lori Massini to the position of General Counsel for the Company.
  • Ms. Massini has acted as production counsel for original programming for networks such as Nickelodeon, Disney, the Food Network and Discovery.
  • At the same time, Thunderbird General Counsel, Corporate Secretary and Chief Operating Officer Sarah Nathanson has announced her resignation from the roles, effective April 9, 2024.
  • Ms. Nathanson joined Thunderbird in 2018 as VP of Legal and Business Affairs and was subsequently promoted to General Counsel and Corporate Secretary, and later appointed COO in 2021.

Peter McGoldrick Joins Alliant Insurance Services, Serves Power Generation Client Base

Retrieved on: 
Wednesday, March 27, 2024

Peter McGoldrick has joined Alliant Insurance Services as Senior Vice President, Alliant Specialty, in the company’s Tampa, Florida, office.

Key Points: 
  • Peter McGoldrick has joined Alliant Insurance Services as Senior Vice President, Alliant Specialty, in the company’s Tampa, Florida, office.
  • Drawing upon his extensive 25-year insurance career, McGoldrick focuses on clients who develop, construct and operate thermal and renewable power generation facilities.
  • Over the past 15 years, McGoldrick has helped power generation clients identify, mitigate and manage risk, often serving in an outsourced risk manager capacity, fully integrated into clients’ day-to-day operational teams.
  • “Peter brings extensive and specialized expertise to support the risk management needs of power generation facilities, adding tremendous value for Alliant’s Power clients,” said Rob Bothwell, Managing Director, Alliant Specialty, within the company’s Power vertical.

TruBridge Announces Adoption of Limited Duration Stockholder Rights Plan

Retrieved on: 
Tuesday, March 26, 2024

TruBridge, Inc. (NASDAQ: TBRG) (the “Company”), a healthcare solutions company, announced today that its Board of Directors (the “Board”) voted unanimously to adopt a limited duration stockholder rights plan (the “Rights Plan”) to protect stockholders’ interests and maximize value for all stockholders.

Key Points: 
  • TruBridge, Inc. (NASDAQ: TBRG) (the “Company”), a healthcare solutions company, announced today that its Board of Directors (the “Board”) voted unanimously to adopt a limited duration stockholder rights plan (the “Rights Plan”) to protect stockholders’ interests and maximize value for all stockholders.
  • The Rights Plan provides for the issuance of one right for each outstanding share of the Company’s common stock.
  • Although any stockholder beneficially owning 10% or more of the common stock at the time of the adoption of the Rights Plan is grandfathered, the rights will become exercisable if that stockholder subsequently increases its ownership by one or more shares.
  • Additional details regarding the Rights Plan will be included in a Current Report on Form 8-K being filed by the Company with the U.S. Securities and Exchange Commission (the “SEC”).

Visa Agrees to Landmark Settlement with U.S. Merchants Reducing Rates and Guaranteeing No Increases for at Least Five Years

Retrieved on: 
Tuesday, March 26, 2024

The settlement also provides updates to several key network rules giving merchants more choice in how they accept digital payments.

Key Points: 
  • The settlement also provides updates to several key network rules giving merchants more choice in how they accept digital payments.
  • The agreement’s multi-year benefits for businesses include:
    Lower interchange rates.
  • The settlement will reduce credit interchange rates for U.S. merchants, comprised largely of small businesses.
  • The agreement will cap the reduced credit interchange rates for five years, providing an unprecedented level of cost certainty long sought by merchants.

Compass Minerals Announces the Company Will Not Secure a USFS Contract to Supply Magnesium Chloride-Based Aerial Fire Retardants for the 2024 Fire Season

Retrieved on: 
Monday, March 25, 2024

Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that the U.S. Forest Service (USFS) has informed the company that it will not be entering into a contract for the use of magnesium chloride-based aerial fire retardants for the 2024 fire season.

Key Points: 
  • Compass Minerals (NYSE: CMP), a leading global provider of essential minerals, today announced that the U.S. Forest Service (USFS) has informed the company that it will not be entering into a contract for the use of magnesium chloride-based aerial fire retardants for the 2024 fire season.
  • In May 2023, Fortress entered into a contract with the USFS to provide up to five mobile-deployed fire-retardant air tanker bases during the 2023 wildfire season.
  • The company was in the process of negotiating a USFS contract for the 2024 wildfire season when the new corrosion concerns were identified.
  • The company is currently working to achieve full qualification of proprietary, non-magnesium chloride-based aerial fire-retardant products.

SRM Introduces ContractMAP℠ to Help Financial Institutions Make Coordinated, Proactive Decisions on Vendor Contracts

Retrieved on: 
Wednesday, March 20, 2024

Navigating a financial institution's complete footprint of vendor contracts – including their back-end technology, card network and other payment partners, and operational providers – is cumbersome and often results in missed opportunities that impact the bottom line.

Key Points: 
  • Navigating a financial institution's complete footprint of vendor contracts – including their back-end technology, card network and other payment partners, and operational providers – is cumbersome and often results in missed opportunities that impact the bottom line.
  • ContractMAP℠ alleviates that concern for banks and credit unions, providing a visualization and impact assessment of existing vendor contracts.
  • ContractMAP℠ is unique because it offers an 8-to-10-year outlook on key contracts and considers how vendor decisions in one operational area can impact others across the organization.
  • SRM's management team noted that financial institutions will also benefit from the efficiency and agility that ContractMAP℠ brings.

President of Rodney Strong Wine Estates Announces Retirement

Retrieved on: 
Wednesday, March 20, 2024

Today, Rodney Strong Wine Estates (RSWE) – the family-owned, Sonoma County wine company that includes Rodney Strong Vineyards, Davis Bynum Wines, and ROWEN Wine Company – announced that President Carmen Castaldi will retire at the end of March after almost 20 years with the company.

Key Points: 
  • Today, Rodney Strong Wine Estates (RSWE) – the family-owned, Sonoma County wine company that includes Rodney Strong Vineyards, Davis Bynum Wines, and ROWEN Wine Company – announced that President Carmen Castaldi will retire at the end of March after almost 20 years with the company.
  • View the full release here: https://www.businesswire.com/news/home/20240320543550/en/
    Rodney Strong Wine Estates President Carmen Castaldi (Photo: Business Wire)
    “We, at Rodney Strong Wine Estates, are incredibly grateful to Carmen for his hard work and dedication over the past two decades,” said Bob Corkern, Chair of the RSWE Board of Directors.
  • “I am supremely confident that they will carry on and achieve great things for Rodney Strong Wine Estates in Sonoma County and beyond.”
    Castaldi will not be going too far and will serve as Senior Advisor to The Board.
  • “The deep knowledge and experience individually and collectively of AC, Tobin and Justin at Rodney Strong Wine Estates is outstanding and promises to be a dynamic, enthusiastic, and dedicated trio taking our company into the future,” exclaimed Corkern.