December 03, 2015
NexPoint Advisors has appealed to the Second Circuit a district court's refusal to require TICC Capital to include NexPoint's nominees when directors are elected for a proxy vote on the planned sale of the business development company's investment adviser arm to Benefit Street Partners.
October 26, 2015
A Connecticut federal judge on Friday delayed TICC Capital's upcoming proxy vote on the planned sale of its investment adviser arm to Benefit Street Partners, ruling that the business development company must release more detailed information about just how lucrative the deal would be for certain members of its board of directors.