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Sessa Capital Files Lawsuit against Ashford Hospitality Prime over Change in Control Provision

2016-02-04 11:23:54| Jewelry - Topix.net

The suit seeks a ruling that the directors of Ashford Prime breached their fiduciary duties by inserting a change-in-control provision pertaining to shareholder elections into the Company's advisory agreement with the Company's external adviser, Ashford Inc., an entity for which Monty Bennett, the Chairman and CEO of the Company, also serves as Chairman and CEO. The Proxy Penalty imposes an outsized termination fee on the Company if shareholders elect a majority of directors not approved by the incumbent directors and thereafter Ashford Inc. elects to collect the fee.

Tags: change control capital files

 

Synergy Pharmaceuticals Files New Drug Application For Plecanatide In Chronic Idiopathic Constipation

2016-02-03 01:28:06| drugdiscoveryonline News Articles

Synergy Pharmaceuticals Inc. recently announced the company has filed with the U.S. Food and Drug Administration (FDA) its first new drug application (NDA) for plecanatide in chronic idiopathic constipation (CIC)

Tags: application files drug chronic

 
 

Saipem files $823m claim against Gazprom over Black Sea pipeline contract cancellation

2016-02-02 01:00:00| Offshore Technology

Italy-based pipe-laying company Saipem has filed a 759m ($823m) arbitration claim against Russian company Gazprom for cancelling a contract to lay a natural-gas pipeline under the Black Sea.

Tags: black files sea contract

 

Wynn Las Vegas files lawsuit over fee to leave NV Energy

2016-01-27 02:19:13| Semiconductors - Topix.net

Wynn Las Vegas is suing the Public Utilities Commission over the fee it would have to pay to leave NV Energy and buy power from a different company. The lawsuit, filed in District Court on Friday, says state regulators used a "legally untenable scheme" to calculate the $15.7 million exit fee.

Tags: las leave files energy

 

Interactive Website provides thousands of up-to-date CAD files.

2016-01-26 14:31:06| Industrial Newsroom - All News for Today

TE-CO Workholding website is integrated with Navigator Platform by Thomas Enterprise Solutions to provide visitors with thousands of CAD models and product specifications. With active eCatalog, prospective customers, typically OEM engineers, can access searchable library of thousands of detailed product specifications. After product selection, users can dynamically generate 3D CAD model or drawing from latest data in Navigator eCatalog.

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