New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
November 2, 2012
18:02 EDTATCATC Venture Group settles lawsuit against Kolpin Outdoors
ATC Venture Group announced that the company has settled its lawsuit against Kolpin Outdoors and its owners, FCF Partners LP. On September 13, the company, Kolpin Outdoors and FCF Partners reached a settlement agreement, in principle, which provided for a payment to the company as part of the settlement and the restructuring of the deferred purchase price to terms the company believes provide a more favorable royalty and payment structure than previously provided in the purchase agreement. Further, as part of the settlement, FCF Partners agreed to fully guarantee Kolpin's performance and payment of all amounts owed to the company under the settlement agreement. Effective October 26, Chief Magistrate Judge Boylan of the United States District Court for the State of Minnesota resolved certain disagreements between the parties concerning a written settlement agreement and ordered that the settlement that the parties had agreed to in court on September 13 is binding and fully enforceable as provided in the written settlement agreement attached to the court's order.
News For ATC From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
There are no results for ATC

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use