corporate_governance

Austin, Texas – – September 07, 2026 -- The U.S. Bankruptcy Court for the Southern District of Texas has confirmed TPx's Plan of Reorganization, clearing the managed services provider to emerge from Chapter 11 with a lighter debt load and fresh capital access.

Court confirmation sets up new ownership structure for TPx

Under the confirmed Plan, a group of investors comprising TPx's existing lenders and its equity sponsor will become the company's new owners once regulatory approvals and customary closing conditions are satisfied. The group will also provide new financing, leaving TPx well capitalized upon emergence.

Gothenburg – August 31, 2026 -- AB SKF confirmed a total of 455,351,068 shares outstanding following a conversion of Series A shares into Series B shares under the company's Articles of Association.

Series B shares now dominate SKF's capital structure

As of August 31, 2026, SKF's share base comprises 28,918,310 Series A shares and 426,432,758 Series B shares. The total number of votes in the company stands at 71,561,585.8.

SKF holds no treasury shares

The Gothenburg-based bearings and seals manufacturer stated it does not hold any of its own shares. The disclosure was made public in compliance with the Financial Instruments Trading Act, submitted for publication at 08:00 CEST on August 31, 2026.

Belmont, W.Va. – September 07, 2026 -- Six separate objections have been filed in the Chapter 11 case of Omnis Pleasants, LLC, owner of the 1,278-megawatt Pleasants Power Station, ahead of a September 3 hearing before U.S. Bankruptcy Judge Karen B. Owens in Wilmington, Delaware.

Four objections come from Omnis and Quantum entities challenging lender protections

Omnis Fuel Technologies, LLC (doing business as Omnis Energy) and Quantum Pleasants, LLC filed four objections disputing whether obligations claimed by lenders TRAG LLC and RG Energy LLC are properly secured by Omnis Pleasants assets. The filings also challenge the proposed sale timetable and the retention of Herbert Smith Freehills Kramer (US) LLP as bankruptcy counsel, citing the firm's disclosed prior representation of TRAG and RG Energy. The debtor, lenders and HSF Kramer dispute these positions.