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Month: June 2020

BRP Wins Lawsuit Against Arctic Cat in Canada

The Federal Court of Canada handed BRP an important victory against its competitor Arctic Cat regarding BRP’s frame patent, which was at the heart of the Ski-Doo REV revolution;The Federal Court of Canada issued a permanent injunction prohibiting the sale, use and distribution of all Arctic Cat snowmobiles in Canada that infringe BRP’s Canadian patent; The effective date of the permanent injunction is set for July 6, 2020;The Court also ordered Arctic Cat to pay BRP a royalty of CA$135 per unit that infringes the frame patent since MY2008.VALCOURT, Quebec, June 15, 2020 (GLOBE NEWSWIRE) — BRP (TSX: DOO; NASDAQ: DOOO) announced today that the Federal Court of Canada has rendered a decision favorable to BRP in a lawsuit launched in December 2011 against Arctic Cat, where BRP argued that Arctic Cat infringed certain of its patents...

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BRP gagne son procès contre Arctic Cat au Canada

La Cour fédérale du Canada a conféré une importante victoire à BRP contre son compétiteur Arctic Cat concernant le brevet pour un châssis qui était au cœur de la révolution REV de la motoneige Ski-Doo.La Cour fédérale du Canada a émis une injonction permanente interdisant la vente, l’utilisation et la distribution de toutes les motoneiges Arctic Cat au Canada qui contreviennent au brevet canadien de BRP. La date d’entrée en vigueur de l’injonction permanente est prévue au 6 juillet 2020.La Cour a également ordonné à Arctic Cat de verser à BRP une redevance de 135 $ CA par unité qui enfreint le brevet de châssis, et ce, depuis l’année modèle 2008.VALCOURT, Québec, 15 juin 2020 (GLOBE NEWSWIRE) — BRP (TSX: DOO; NASDAQ: DOOO) a annoncé aujourd’hui que la Cour fédérale du Canada a rendu une décision favorable à BRP...

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Country & Sector Risk Barometer: Q2 2020 Quarterly Update

Princeton, NJ, June 15, 2020 (GLOBE NEWSWIRE) — A few weeks after the first containment easing measures, economic activity seems to be picking up in most European countries. However, about two months after China, this gradual and partial recovery will not erase the effects of containment on global growth.In this context, Coface forecasts that the recession in 2020 (a 4.4% drop in world GDP) will be stronger than that of 2009. Despite the recovery expected in 2021 (+5.1%) – assuming there is no second wave of the coronavirus pandemic – GDP would remain 2 to 5 points lower in the United States, the eurozone, Japan, and the United Kingdom, when compared to 2019 levels. The lack of a rapid catch-up is mainly due to two issues: persistent uncertainty about the evolution of the pandemic leading to an expected rise in household precautionary...

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Champion Bear Applies for Management Cease Trade Order

CALGARY, Alberta, June 15, 2020 (GLOBE NEWSWIRE) — Champion Bear Resources Ltd. (TSXV: CBA-V) (“Champion Bear” or the “Company“) announces that it has made an application to the Alberta Securities Commission (the “ASC“), the Company’s principal securities regulator in Canada, under National Policy 12-203 – Management Cease Trade Orders (the “Policy“) requesting that a temporary management cease trade order (“MCTO“) be granted in respect of the anticipated late filing of the annual financial statements for the year ended December 31, 2019. There is no guarantee that an MCTO will be granted.As previously announced on April 29, 2020 and June 1, 2020, COVID-19 related restrictions and additional time and funds required by the Company’s auditors to complete...

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Media Alert: Tenable Named a 2020 Top Workplace by The Washington Post for Second Year in a Row

COLUMBIA, Md., June 15, 2020 (GLOBE NEWSWIRE) — Tenable®, Inc., the Cyber Exposure company, today announced that it has been recognized as one of The Washington Post’s 2020 Top Workplaces in the Washington, D.C. area based on ratings from employees for the second year in a row.“To be named a Top Workplace by The Washington Post is especially thrilling because this honor reflects our employees’ own feedback,” said Bridgett Paradise, chief people officer, Tenable. “Tenable is the world’s number one vulnerability management company, yet for all of our market-leading technology, our employees are by far our most important asset. Cultivating a culture of innovation and inclusion is critical to our continued success.”Tenable’s leadership in the industry is reflected in its numerous accolades and awards, including a 2019 Employee Voice...

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Hemp, Inc. Announces Newly Enhanced King of Hemp Website

Las Vegas, NV, June 15, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — Hemp, Inc. (OTC PINK: HEMP), a global leader in the industrial hemp industry with bi-coastal processing centers, including the 85,000 square foot multipurpose industrial hemp processing facility on 9 acres in Spring Hope, NC, a 55,000 square foot state of the art local processing center in White City, Oregon, a 500 acre hemp growing Veteran Village Kins Community in Golden Valley, Arizona, two model “Small Family Hemp Farms” in North Carolina and Arizona, a hemp pre-roll blending manufacturing facility in Las Vegas, NV, a 5,000 square-foot retail store (The King of Hemp Store™) in Kingman, Arizona and recently surpassed over $1 million in sales of their pre-98 OG Bubba Kush buds, announced that the King of Hemp™ website has been updated and enhanced. The recent...

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Icelandair Group’s Financial Restructuring – Update

As presented at Icelandair Group’s shareholders’ meeting on 22 May 2020, the Company aims to complete a voluntary financial restructuring with the participation of its stakeholders and the Icelandic Government. These stakeholders include unions, Boeing, lenders, lessors, credit card acquirers, hedging counterparties and other vendors. Following signing of all major agreements, the Company intends to raise new capital through a share offering. The goal of the financial restructuring is to secure current operations, strengthen the liquidity and ensure the future competitiveness of the Company.Discussions with the Government of Iceland regarding a potential government guaranteed credit line have been progressing according to plan. The Government has expressed its intent to participate in the restructuring of Icelandair Group contingent,...

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TCG BDC Announces Change to Virtual Format for Annual Meeting of Stockholders

NEW YORK, June 15, 2020 (GLOBE NEWSWIRE) — TCG BDC, Inc. (together with its consolidated subsidiaries, “we,” “us,” “our,” “TCG BDC” or the “Company”) (NASDAQ: CGBD) today announced that due to the public health impact of COVID-19, the Company’s previously announced Annual Meeting of Stockholders (the “Annual Meeting”) scheduled for Monday, June 22, 2020 will be changed to a virtual-only format, solely by means of remote communication, instead of an in-person meeting. The date and time of the Annual Meeting remains unchanged and will be held on June 22, 2020 at 8:00 a.m. Eastern time.Please be advised that the Notice of Internet Availability of Proxy Materials and the proxy card or voting instructions previously distributed will not be updated to reflect the change to a virtual only format and may continue to be used to vote your...

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CRCAM Alpes Provence : Déclarations_Hebdomadaires_CAAP_S24-2020

CAISSE REGIONALE DE CREDIT AGRICOLE MUTUEL ALPES PROVENCE                                                                                             Société coopérative à capital variable25, Chemin des trois cyprès 13097 Aix en Provence Cedex 2381 976 448 R.C.S Aix en ProvenceAix-en-Provence, le 15 juin 2020Achats effectués dans les conditions de l’article 5 du règlement abus de marché dans le cadre du programme de rachat des Certificats Coopératifs d’Investissement autorisé par l’Assemblée Générale Mixte des sociétaires du 02 avril 2019.                                                                                             Le détail des transactions est disponible en annexe.Le Crédit Agricole Alpes Provence vous informe que le document est disponible sur son site Internet : http://www.ca-alpesprovence.fr et a été transmis...

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