Extract to table
Pull the structured facts out of a document: parties, dates, amounts, obligations.
Extract to table / settlement-proceeds-tax-memo.docx
settlement-proceeds-tax-memo.docx
Parties
Redstone Gaming Corp
Grizzly Peak Research LLC
Harkness LLP
Grizzly Peak Capital Partners LP
Vermilion Holdings LLC
Advisory LLP
Barrow LLP
Meridian Forensic Economics LLC
Dates
December 20, 2024
January 6, 2025
February 5, 2024
March 18, 2024
March 15, 2024
March 29, 2024
August 16, 2024
February 6, 2024
February 21, 2024
October 14, 2024
Amounts
$14.75
$410
$3,220,716
$187,450
$4,627,000
$8,035,166
$6,715,000
$1,410,000
$92.14
$72.80
Obligations
The Defendants shall pay RGC the aggregate sum of $14,750,000 (the "Settlement Payment"), funded from two sources: (a) $10,250,000 from Ironclad Surety & Insurance Co
Upon satisfaction of all conditions precedent — including entry of the stipulated permanent injunction by the Court — the Escrow Agent shall disburse the full Settlement Payment to RGC, less any wire-transfer fees
The settlement includes the following non-monetary components, each of which carries significant value to RGC from a reputational and operational standpoint: • Corrective Publication: Grizzly Peak Research LLC shall publish a corrective statement of not fewer than 1,500 words on its website, grizzlypeakresearch
The corrective statement shall remain posted for a minimum of twenty-four (24) months from the date of initial publication
• Social Media Corrective: Grizzly Peak Research LLC shall post a corrective statement of not fewer than 280 characters on its X (formerly Fenmore Solutions) account, @GrizzlyPeakRes, and shall pin that post to the top of its profile for a period of not fewer than twelve (12) months
• Non-Disparagement: Each party agrees to a three (3)-year mutual non-disparagement covenant, subject to customary carve-outs for legally compelled testimony and regulatory filings