Posts by Blackwells Capital

By Spencer Brewer New York hedge fund Blackwells Capital LLC fired off the latest shot in its ongoing board takeover spat with a Texas-based hotel real estate investment trust, asking Monday for a federal judge to toss a lawsuit aimed at warding off the proxy contest. Blackwells says that Braemar Hotels & Resorts Inc. wants…

U.S. equity markets declined for a second-straight week, while benchmark interest rates surged to the highest levels of the year after inflation data showed an unwelcome reacceleration in price pressures. Uncomfortably reminiscent of the mid-2023 inflation reacceleration, the path towards disinflation has been stymied by resurgent oil prices resulting from a further intensification of Middle…

We recently launched Income Builder – our premium income-focused research service on Seeking Alpha. Our focus is on real income-producing asset classes that offer reliable income, diversification, and inflation-hedging opportunities. Start a Free Two-Week Trial today! U.S. equity markets tumbled Friday while benchmark interest rates retreated from four-month highs in a global “risk-off” trade as…

Monty Bennett and some board members for his company, Ashford Hospitality Trust, have been hit with a lawsuit, alleging misconduct in a proxy fight involving Bennett’s hotel operation. The plaintiff, an out-of-state investor named Jason Aintabi, contends that Bennett unlawfully used his nonprofit media outlet, the Dallas Express, to influence shareholders, D Magazine reported. The lawsuit claims that…

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Please view the news story here: https://www.law360.com/articles/1823793/blackwells-unveils-takeover-plans-for-hospitality-reit