Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Citi Appoints Ryan Ellis as Head of Markets Sales for Australia and New Zealand 
ANZ New CEO Forgoes Bonus After Shareholders Reject Executive Pay Report 
Elliott Management Takes $1 Billion Stake in Lululemon, Pushes for Leadership Change 
Boeing Seeks FAA Emissions Waiver to Continue 777F Freighter Sales Amid Strong Cargo Demand 
OpenAI Explores Massive Funding Round at $750 Billion Valuation 
Maersk Vessel Successfully Transits Red Sea After Nearly Two Years Amid Ongoing Security Concerns 
Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy 
Delta Air Lines President Glen Hauenstein to Retire, Leaving Legacy of Premium Strategy 
FedEx Beats Q2 Earnings Expectations, Raises Full-Year Outlook Despite Stock Dip 
Elon Musk Wins Reinstatement of Historic Tesla Pay Package After Delaware Supreme Court Ruling 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
Toyota to Sell U.S.-Made Camry, Highlander, and Tundra in Japan From 2026 to Ease Trade Tensions 
Sanofi’s Efdoralprin Alfa Gains EMA Orphan Status for Rare Lung Disease 
Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools 
Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies 
LOS ANGELES, Dec. 21, 2016 -- NMS Properties today issued the following statement after the Court of Appeal granted an immediate temporary stay of all proceedings in the trial court while it considers the petition.
“We are very pleased and encouraged that the Court of Appeal stayed the lower court’s ruling in its sanctions order. The attempt by AEW Capital, a 60-billion dollar Boston-based hedge fund, to immediately seize and sell for below-market prices numerous properties they shared in a joint venture with NMS Capital, a Santa Monica based affordable and market-rate housing developer, will be adjudicated fairly and based on all the facts, not just representations made by AEW. We remain confident that when all the facts come out, the courts will ultimately find that our properties were improperly transferred by AEW.”
Contact: Eric W. Rose (805) 624-0572 or [email protected]
