Final order | Jotup

Federal Prosecutors Ordered to Unseal FBI Warrants Related to L.A. City Attorney's Office and DWP Corruption says Consumer Watchdog

Retrieved on:

Tuesday, April 16, 2024

LOS ANGELES, April 16, 2024 /PRNewswire/ -- This morning a federal judge issued a final order on an application to unseal 33 search FBI warrants and related documents that detail federal prosecutors' investigation into unethical and illegal activity at the Los Angeles City Attorney's Office and the Department of Water and Power ("DWP").

Key Points:

However, significant questions remain about the roles other key officials played in the City's misconduct, including former City Attorney Mike Feuer.
The FBI warrant materials were sought in a legal action by Consumer Watchdog and the Los Angeles Times.
Though government prosecutors widely embraced public disclosure of the warrant materials, they proposed certain redactions with which Consumer Watchdog and the Los Angeles Times disagreed.
Critics ask why certain individuals — including high-ranking personnel in the city attorney's office who remain unidentified in prosecutors' public court filings — escaped punishment."

Playmaker Capital Inc. Obtains Heritage Approval and Final Order for Arrangement with Better Collective

Retrieved on:

Wednesday, January 31, 2024

Legal, Content Marketing, Sports, General Sports, Marketing, Courts, Communications, Professional Services, Public Policy, Government, Digital Marketing, Final order, Arrangement, Playmaker, Investment Canada Act

Playmaker Capital Inc. (TSX-V: PMKR) (“Playmaker” or the “Company”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media brands, is pleased to announce that it has received approval from the Minister of Canadian Heritage under the Investment Canada Act (the “Heritage Approval”) with respect to its previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to which Better Collective A/S (“Better Collective”) has agreed to acquire all of Playmaker’s issued and outstanding common shares.

Key Points:

Playmaker Capital Inc. (TSX-V: PMKR) (“Playmaker” or the “Company”), the digital sports media company that delivers authentic content experiences through its portfolio of sports media brands, is pleased to announce that it has received approval from the Minister of Canadian Heritage under the Investment Canada Act (the “Heritage Approval”) with respect to its previously announced plan of arrangement under the Business Corporations Act (Ontario) (the “Arrangement”), pursuant to which Better Collective A/S (“Better Collective”) has agreed to acquire all of Playmaker’s issued and outstanding common shares.
Playmaker is also pleased to announce that the Ontario Superior Court (Commercial List) issued a final order approving the Arrangement on January 24, 2024 (the “Final Order”).
Following receipt of Heritage Approval and the Final Order, all conditions to closing of the Arrangement, as contained in the arrangement agreement between Playmaker and Better Collective dated November 6, 2023, as amended on December 8, 2023 (the “Arrangement Agreement”) have been satisfied or waived, save for those conditions to be satisfied as part of the closing process.
The Arrangement is expected to close on February 6, 2024.

CUB applauds ICC for standing up for ComEd, Ameren customers, holding utilities accountable in unprecedented regulatory rulings

Retrieved on:

Thursday, December 14, 2023

Grid, Illinois General Assembly, CUB, Illinois Commerce Commission, Public utility, Multimedia, Final order, ICC, Commonwealth Edison, Nightclub, Ameren

CHICAGO, Dec. 14, 2023 /PRNewswire/ -- The Illinois Commerce Commission (ICC) on Thursday ruled on record ComEd and Ameren electric rate-hike requests. Below is a statement from CUB Executive Director Sarah Moskowitz.

Key Points:

CHICAGO, Dec. 14, 2023 /PRNewswire/ -- The Illinois Commerce Commission (ICC) on Thursday ruled on record ComEd and Ameren electric rate-hike requests.
Today's ICC ruling delivered an important message: Utilities need to prove that their grid plans will actually benefit consumers.
While the final orders in the cases have not yet been filed, CUB can give this summary of the rulings.
In Thursday's rulings, the ICC struck the same pro-consumer themes as they did in holding gas utilities accountable in a series of Final Orders last month.

Reunion Neuroscience Inc. Shareholders Approve Proposed Plan of Arrangement

Retrieved on:

Thursday, July 13, 2023

Ontario Superior Court of Justice, Final order, Model Business Corporation Act, Reunion, Arrangement, Meeting, EDGAR, Canada Business Corporations Act, US, SEDAR, TSX, Security (finance), MPM, Proxy, Holding company

At the Meeting, shareholders voted in favour of a special resolution (the "Arrangement Resolution") to approve the proposed plan of arrangement (the "Arrangement") under Section 192 of the Canada Business Corporations Act, whereby affiliates of MPM BioImpact would acquire Reunion in an all-cash transaction valued at approximately US$13.1 million.

Key Points:

At the Meeting, shareholders voted in favour of a special resolution (the "Arrangement Resolution") to approve the proposed plan of arrangement (the "Arrangement") under Section 192 of the Canada Business Corporations Act, whereby affiliates of MPM BioImpact would acquire Reunion in an all-cash transaction valued at approximately US$13.1 million.
Pursuant to the terms and conditions of the Arrangement, all Shareholders will be entitled to receive US$1.12 in cash for each common share held immediately prior to the effective time of the Arrangement.
The Arrangement Resolution required the approval of not less than two-thirds (66 2/3%) of the votes cast by shareholders present in person or represented by proxy at the Meeting.
Shareholders approved the Arrangement Resolution at the Meeting, with 99% of the votes cast at the Meeting in favour of the Arrangement.

SEC Issues Order Dismissing Pending Administrative Proceedings for 42 Companies, Including DBMM Group, Inc.

Retrieved on:

Monday, June 5, 2023

OTC Markets Group, Final order, Commission, AP, OGC, Administrative proceeding, Standing orders in the Parliament of the United Kingdom, Berkeley Research Group, Audit

NEW YORK, NY, June 05, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – Digital Brand Media & Marketing Group Inc. (OTC Pink: DBMM): In summary, the enforcement and in-house ruling arms of the SEC are supposed to be kept completely separate from each other regarding such matters. The “Chinese Wall” between adjudication and enforcement is a sacrosanct tenet of the SEC and of internal control policy.

Key Points:

On Friday, June 2, 2023, the SEC issued an Order entitled “Order Dismissing Proceedings” as Release No.
4413, advising 42 companies that their pending Administrative Proceedings had been Dismissed.
The “Chinese Wall” between adjudication and enforcement is a sacrosanct tenet of the SEC and of internal control policy.
Since the Initial Decision Dismissal on November 12, 2019, by ALJ Carol Fox Foelak, it had remained the Standing Order, until the SEC announcement which superseded and Dismissed the AP as a Final Order.

HEXO Corp. Announces Receipt of Interim Order in Respect of Arrangement With Tilray Brands, Inc.

Retrieved on:

Wednesday, May 10, 2023

Cannabis, Natural Resources, Ontario Superior Court of Justice, Tilray, Shareholder, Final order, Model Business Corporation Act, Eastern Time Zone, Arrangement, SEDAR, Special, TSX, Security (finance)

The Special Meeting is scheduled to be held on June 14, 2023 at 10 a.m. (Eastern Time) and the record date for determining Shareholders entitled to receive notice of and vote at the Special Meeting has been fixed as the close of business on May 5, 2023.

Key Points:

The Special Meeting is scheduled to be held on June 14, 2023 at 10 a.m. (Eastern Time) and the record date for determining Shareholders entitled to receive notice of and vote at the Special Meeting has been fixed as the close of business on May 5, 2023.
The Company expects that the management information circular and related materials in respect of the Special Meeting will be mailed to Shareholders and will be filed and available under HEXO’s profile on SEDAR ( www.sedar.com ) and on EDGAR ( www.sec.gov ) in the coming days.
The management information circular and related materials will provide details of the Special Meeting and how Shareholders or their duly appointed proxyholders can attend, access and participate in the Special Meeting.
If all necessary approvals are obtained and the conditions to the completion of the Arrangement are satisfied or waived, it is currently anticipated that the Arrangement will be completed before the end of June, 2023.

Bioasis Technologies Inc. Mails Management Information Circular for Annual and Special Meeting of Securityholders

Retrieved on:

Wednesday, January 11, 2023

News, MTP, Xbox, The Meeting, Canada Business Corporations Act, Final order, Epidermal growth factor, Meeting, Arrangement, Circular, Traffic barrier, Central nervous system, Therapy, SEDAR, Hearing, BTI, Pharmaceutical industry, Financial adviser, HAVEN

The Meeting is scheduled to be held virtually at meetnow.global/MUTHYPM on February 3, 2023 at 1:00 p.m. (Vancouver time).

Key Points:

The Meeting is scheduled to be held virtually at meetnow.global/MUTHYPM on February 3, 2023 at 1:00 p.m. (Vancouver time).
Bioasis securityholders of record as of the close of business on December 30, 2022, are entitled to receive notice of and vote at the Meeting.
The Board unanimously recommends that Bioasis securityholders vote in favour of the Arrangement.
Bioasis securityholders are urged to read the Circular and its appendices carefully and in their entirety.

Turquoise Hill’s Shareholders Approve Arrangement with Rio Tinto

Retrieved on:

Friday, December 9, 2022

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced that at its special meeting of shareholders held earlier today on December 9, 2022, its shareholders approved the previously announced proposed plan of arrangement pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions precedent, Rio Tinto International Holdings Limited (Rio Tinto) would acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates do not currently own for C$43.00 per share in cash (the Arrangement).

Key Points:

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) (Turquoise Hill or the Company) today announced that at its special meeting of shareholders held earlier today on December 9, 2022, its shareholders approved the previously announced proposed plan of arrangement pursuant to which, among other things and subject to the satisfaction or waiver of all applicable conditions precedent, Rio Tinto International Holdings Limited (Rio Tinto) would acquire the approximately 49% of the issued and outstanding common shares of Turquoise Hill that Rio Tinto and its affiliates do not currently own for C$43.00 per share in cash (the Arrangement).
The Arrangement requires the approval of 66% of votes cast by the Companys shareholders (including Rio Tinto) and the approval of a simple majority of the votes cast by minority shareholders of the Company (excluding Rio Tinto and its affiliates).
Turquoise Hill also reports that valid dissent notices were filed representing less than 17.5% of all outstanding shares.
The Court may approve the Arrangement in any manner the Court may direct, subject to compliance with such terms and conditions, if any, as the Court deems fit.

Renren Declares Special Cash Distribution for Settlement Regarding Shareholder Derivative Litigation

Retrieved on:

Thursday, November 3, 2022

Renren will continue to operate its several SaaS businesses before and after the special cash distribution, and it intends to remain a public company listed on The New York Stock Exchange (the "NYSE").

Key Points:

Renren will continue to operate its several SaaS businesses before and after the special cash distribution, and it intends to remain a public company listed on The New York Stock Exchange (the "NYSE").
Pursuant to the Renren ADS Deposit Agreement (as amended), the Depositary will charge a special cash distribution fee of US$0.05 per ADS held, which will be borne by the holders of ADSs.
In order to receive the special cash distribution, you must continue to hold your Renren ADSs at least through the market close on the special cash distribution payment date, which isexpected to be December 21, 2022.
If you buy Renren ADSs on or after the Ex-Dividend date, you will not receive the special cash distribution.

Bearing Lithium Corp. Announces Mailing of Circular and Updates Regarding Securityholder Meeting and Transaction With LPI

Retrieved on:

Thursday, September 29, 2022

Bearing Shareholders will continue to have an interest in the MSB Project as shareholders of LPI.

Key Points:

Bearing Shareholders will continue to have an interest in the MSB Project as shareholders of LPI.
The Information Circular provides important and detailed instructions about how to participate at the Meeting, both physically or virtually.
LPI has already obtained a waiver from the Australian Stock Exchange such that LPI will not require a shareholder meeting to approve the Arrangement.
Bearing Lithium Corp (BRZ) is a pure-play lithium company focused on the development of Chiles next high-grade lithium mine.