Legal Proceedings
−Removed: From time to time, we are involved in various legal proceedings, lawsuits and claims incidental to the conduct of our business.
+Added: We are not currently subject to any material legal proceedings, nor, to our knowledge, are any material legal proceedings threatened against us.
+Added: From time to time, we may be a party to certain legal proceedings in the ordinary course of business, including proceedings relating to the enforcement of our rights under contracts with our portfolio companies.
+Added: Furthermore, third parties may seek to impose liability on us in connection with the activities of our portfolio companies.
Our business is also subject to extensive regulation, which may result in regulatory proceedings against us.
−Removed: Except as described below, we are not currently a party to any material legal proceedings.
−Removed: On March 12, 2020, a complaint was filed in the United States District Court in the Northern District of California, by Sutter Hill Ventures, captioned, Sutter Hill Ventures, a California limited partnership (Plaintiff) v.
−Removed: Sutter Rock Capital Corp, a Maryland corporation (Defendant).
−Removed: The complaint alleges that the Defendant infringed on the Plaintiff’s federally-registered service mark SUTTER HILL VENTURES;
−Removed: engaged in unfair competition and false designation of origin under Section 43(a) of the Latham Act;
−Removed: and related claims of unfair competition and trademark infringement under California common law.
−Removed: The Plaintiff is seeking an injunction on Defendant from using the SUTTER ROCK and SUTTER ROCK CAPITAL marks and trade names, or any other mark or name that it views as similar to SUTTER HILL and SUTTER HILL VENTURES;
−Removed: an unspecified amount of damages and disgorgement of Defendant’s profits;
−Removed: a determination that the alleged infringement was willful, intentional and deliberate, warranting an award to Plaintiff of three times Defendant’s profits and three times Plaintiff’s damages;
−Removed: an award of Plaintiff’s attorney’s fees and cost;
−Removed: and an award of prejudgment and post judgment interest.
−Removed: While we are unable to determine the ultimate outcome of this matter, we believe that the alleged claims in the complaint are frivolous and completely without merit and intend to defend this lawsuit vigorously.
+Added: While the outcome of any future legal or regulatory proceedings cannot be predicted with certainty, we do not expect that any such future proceedings will have a material effect upon our financial condition or results of operations.
Mine Safety Disclosures
1 unchanged sentence
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.