Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / memo-status-and-path-forward.docx
memo-status-and-path-forward.docx
Parties
Harkness LLP
Greer LLP
Dates
January 15, 2024
November 2, 2021
June 13, 2023
August 15, 2023
February 15, 2022
November 15, 2021
January 10, 2022
April 22, 2022
July 8, 2022
September 14, 2022
Amounts
$45,000,000
$18,000,000
$27,000,000
$4,050,000
$9,900,000
$4,950,000
$8,100,000
$13,950,000
$380
$600
Obligations
The practical consequence of this supermajority requirement is that CSIA's three board members cannot unilaterally authorize any Major Decision — at least one Pinnacle-appointed member must concur
The parties must first submit any dispute to non-binding mediation before a mediator mutually selected by the parties
All such disputes must be resolved exclusively through the mediation-arbitration process
This means that CSIA cannot bring suit against Pinnacle in Washington state court or federal court for breach of the JV Agreement; it must proceed through the PNAA
We note, however, that before filing the demand, CSIA must satisfy the mandatory mediation prerequisite by initiating and engaging in a good-faith mediation effort