NorthStream Capital Inc. issues a Notice of an Event of Default under the Trust Indenture ...
NorthStream Capital is a holder of Sherritt bonds and has concerns about the breach of a covenant in section 4.08(3) of the Sherritt 2029 Bond Indenture governing the limits of certain "Restricted ...
Consortium forming to make play for Brookfield’s Healthscope
David Di Pilla and health insurance fund Bupa are believed to be working as part of a consortium to gain control of ...
来自MSN1 个月
Slower credit growth on the horizon for Cambodian lenders
Breaches happen when the borrower fails to meet these conditions, such as financial ratios. In 2024, three Cambodian banks— ACLEDA Bank, Hattha Bank, and LOLC (Cambodia) all breached their covenants ...
JD Supra5 天
Seventh Circuit Rules Forfeiture-for-Competition Clauses Under Delaware Law Enforceable and ...
LKQ Corporation (LKQ) filed suit against Robert Rutledge, its former plant manager, in the U.S. District Court for the Northern District ...
The Reporter (Vacaville) on MSN6 天
Class-action lawsuits filed in NorthBay Health data breach
An Oakland-based law firm has filed class action lawsuits against NorthBay Health in connection with a data breach that ...
Investing5 天
WW International downgraded due to elevated default risk: S&P Global
The negative outlook on the company is due to its vulnerability to a near-term payment default, covenant breach, or distressed exchange over the coming six months. This downgrade action was taken ...
JD Supra1 年
Covenant of Good Faith and Fair Dealing › Motion to Dismiss › Breach of Contract
A federal district court denied a pizza franchisor’s motion to dismiss a former franchisee’s complaint, finding the former franchisee sufficiently pleaded the franchisor coerced the franchisee ...