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Fyre Festival Lawsuit Reaches $2 Million Settlement
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Gold Club, which leased land from airport for decades, to close, opening site for redevelopment
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Texas Attorney General issued the following announcement on Apr. 5.
Attorney General Ken Paxton filed a brief in the United States Bankruptcy Court for the Northern District of Texas in support of the National Rifle Association (NRA) reorganizing in Texas. New York is currently seeking to dissolve the NRA and confiscate its assets despite the NRA’s right to reorganize under the bankruptcy code.
“The NRA should be allowed to relocate to a state that respects its right to exist and the freedom of its members to defend their Second Amendment rights,” said Attorney General Paxton. “New York’s antagonism toward this 150-year-old civil rights organization must end. Of the NRA’s five million members, 400,000 are Texans more than any other state and we welcome its relocation.”
TRADING UPDATES: UK Oil & Gas annual loss widens on impairments
Fri, 16th Apr 2021 19:37
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:
UK Oil & Gas PLC - London-headquartered exploration and production company - Posts pretax loss for the year ended September 30 last year of GBP20.9 million, widening from GBP5.4 million a year prior. Revenue increases to GBP908,000 from GBP213,000. Books GBP10.7 million impairment expense, up from GBP2,000 the year before. Does not declare a dividend, unchanged from the year prior. I have experienced many oil price downturns in my career, but none have been as unexpected or severe as 2020. Fortunately, the company and industry have been resilient enough to survive and adapt and to witness the hoped for bounce back in oil price. We all hope this will be long lived, says Chief Executive Stephen Sanderson.
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