Premier Products Group, Inc. Retains Exploratory Counsel
WOODLAND, CA / ACCESSWIRE / February 24, 2021 / Premier Products Group, Inc. (PMPG), (OTC PINK:PMPG) announced today they have obtained Exploratory Counsel into the matter of Note Holders of PMPG s subsidiary Valley High Mining Company (VHMC), received PMPG free trading common shares on note conversions. PMPG s attorney issued a letter to the Transfer Agent to stop issuing PMPG shares to Valley High Mining s Note Holders. Our attorneys are looking into the matter of shares being issued to VHMC Note Holders that were not entitled to PMPG stock. It is my belief and opinion those shares affected PMPG stock over the last 45 to 60 days and PMPG will be demanding those shares back when we complete our findings. Under the Holding Company Reorganization Section 251(g) of Delaware General Corporation Law, VHMC is a private company of PMPG and was reorganized as such back in 2018, states Tony Hicks, Chairman and CEO of PMPG.
Premier Products Group, Inc Retains Exploratory Counsel
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Premier Products Group, Inc Retains Exploratory Counsel
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Directors and officers (Ds&Os)
1 face exposure to potential personal liability for claims made against them in their capacity as directors and officers of the companies that they serve. This article is part one in a two-part series that will consider the principal protections that may be utilized to protect Ds&Os against personal liability in connection with such claims: Part one provides a “nuts and bolts” overview of key indemnification and advancement provisions for Ds&Os of Delaware entities, and part two will provide an overview of the interplay between D&O liability insurance and the protection afforded by indemnification provisions in organizational documents and separate indemnification agreements.
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This top ten list summarizes significant decisions of the Delaware Supreme Court and the Delaware Court of Chancery over the past calendar year. Our criteria for selection are that the decision either meaningfully changed Delaware law or provided clarity or guidance on issues relevant to corporate and commercial litigation in Delaware. We present the decisions in no particular order. The list does not include every significant decision, but provides practitioners with an array of decisions on varied issues likely to affect business transactions or business litigation.
One:
AmerisourceBergen Corp. v. Lebanon Cty. Employees’ Ret. Fund, A.3d , 2020 WL 7266362 (Del. Dec. 10, 2020) (Traynor, Justice)