All articles tagged with #term sheet
Portland's Blazers are calling the city council's proposed Moda Center term sheet a non-starter, signaling ongoing disagreements on key terms even as both sides say they remain committed to reaching an agreement.
Portland officials released the draft term sheet outlining a $573 million public investment from the city, county, and state to support the Moda Center deal with the Trail Blazers, shedding light on the funding sources and terms behind the public‑investment plan for the project.
Portland city officials have sent an initial term sheet to the Trail Blazers outlining the city’s first proposal in a long‑term deal to keep the team, a move that comes as negotiations resume after the NBA said talks were off track.
FTX Trading Ltd. and its affiliated debtors, known as FTX Debtors, have filed their initial Plan of Reorganization and related Term Sheet with the U.S. Bankruptcy Court. The plan aims to achieve a consensual agreement and emergence from bankruptcy, with an amended plan and disclosure statement expected to be filed in the fourth quarter of 2023. The filing allows for creditor feedback and discussions with stakeholders, including the unsecured creditors committee and non-U.S. customers. The plan addresses a wide range of claims and disputes involving the FTX Debtors, both internal and external.