Friday, November 30, 2012

Stop Racism! Current TV Explores Consequences Of Race In The Death Of ... - Global Grind

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Stop Racism! Current TV Explores Consequences Of Race In The Death Of ...

Global Grind


As a consequence, innocent African-American boys like Trayvon and Jordan are murdered. On Wednesday, Current TV brought the racial implications surrounding the death of Jordan Davis to light in a discussion featuring Cenk Uygur, TYT's Ana Kasparian, ...



Tuesday, November 27, 2012

Intel to buy Wind River for $884M - Sacramento Business Journal:

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Intel's $11.50-per-share offer is aboug a 44 percent premium overWind River's closinyg price on Wednesday of $8. Wind River stocj lost more than half its value betweena 52-week high of $12.99 last Augus t and a low of $5.612 in March. The stock closed Thursdayg at $11.72, up 47 percent. Santa Clara-based Inteo (NASDAQ:INTC) said buying Alameda-based Wind River will help it expanrd its software into thousands of embeddeed systems and mobile devices includingsmart phones, in-card "info-tainment" systems, aerospace and defense, energy and thousands of otherd uses.
Wind River will operate as a wholly ownecd subsidiary after the deal closes duringbthe summer, reporting to Renee head of Intel’s software and services "Our combination of strengths will be of great benefig to Wind River’s existing and futurd customers," said Ken Klein, Wind River chairman, president and CEO. Foundex in 1981, Wind River has more than 1,600 employeez and operations in more than15 countries. During its fiscall year ended Jan. 31, Wind River reported $10.7 million in net income on annual revenueof $359.7 million. The company on Thursday postefd a 21 percent increase in netincomw $561,000, or 1 cent a share, for its firsf quarter despite a 6.
5 percent drop in revenue to $63.8 million.

Monday, November 26, 2012

With more dining out less, chains eyeing kitchens - Business First of Columbus:

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Bauer said Donatos is exploring privatelabeol prospects. Central Ohio restaurant companies are no strangers to grocery Bob Evans and have put theire products on store shelvesfor years. Frozen foods maker began in 1993 as a spinoft of the popular Kahiki Supper Club restaurant onthe city’d east side, which closed in 2000 after 39 Bob Evans’ food products segment tallieds $311.4 million in sales in the year ender April 24, accounting for 18 percent of the company’x total revenue. It sells 596 refrigerated products and 224 frozen itemsz in stores under the Bob Evanse andOwens brands, including variations of its core foods.
But the diningt chain also has plenty of grocerygrowth opportunities, division President Mike Townsley said in a June 3 meetintg with securities analysts. Whilde Bob Evans Farms’ restaurantg receipts fell in fiscal 2009, its net food producft sales rose nearly 7 percent and pounds sold were up 6 Townsley saidthe company’s mashed potatoes have 34 percent of the refrigerated masheed potato market, tops in the nation, yet the foods are distributed in only half the nation. its grilling sausage, ready-to-eat foods and precooked productasare growing.
Bob Evans doubledc the size of its plant inSulphurd Springs, Texas, which reopenedr June 15, and will use the added capacity for breakfas t sandwiches, cooked sausages and breakfast tacos that can be sold in Dublin-based Wendy’s, owned by Atlanta-based , woulx not comment on whether it has plans to sell throughy grocery stores, but Miami-based rival is making the move this when it puts its apple fries – apple slicesa cut and packaged to resemble french fries into supermarket produce aisles. Max Erma’s Restaurants Inc. and , both area dininyg chains acquired by of Pittsburghlast year, are dabblinvg in grocery products as well.
Through an agreement with Velvety Ice CreamCompany Inc. in Max & Erma’s will have a branded ice cream in groceryu freezersthis summer, while Damon’s is considering bringintg its barbecue sauce back to grocery said Karri Benishek, seniot director of marketing for both

Sunday, November 25, 2012

Troy Aikman and Wingstop renew deal - Dallas Business Journal:

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Aikman has been a spokesman forthe Richardson-basedd restaurant group since 2003. The new contract extends that role for anotherfthree years. According to Wingstop, the company has achieved 23 consecutive quartersof same-store sale increaseas since Aikman signed on as national spokesman. The chaimn has also added 420 restaurants acrosesthe country. “We are excited to continu our partnership with saidAndy Howard, Wingstop executive vice president of in a press statement.
“It’s rare to find a spokespersob that fits so perfectly with a even aftera nine-year relationship, but Troy’sz enthusiasm for our brand and as well as his statur in the sports industry, make him the ideal spokesmanm for Wingstop.” Aikman also is pleasec with the deal. “It’s great to continue on this venturwwith Wingstop,” he said. “I remember first discovering their wings back when I was playing withthe Cowboys, and I’m still as big a fan now as I was It’s been amazing to watch them grow from a few restaurantx in Texas into a national brand, and I’ proud to be part of Wingstop was founded in 1994.
Last year, the company signed on as the Official Wings ofThe . Aikman and Dallaws Cowboys owner Jerry Jones recently filmed a series of newWingstop commercials. They're slated to air this summer.

Friday, November 23, 2012

Coyotes actual attendance left Glendale arena a third empty - Business First of Columbus:

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That left the 17,800-seat Jobing.cok Arena more than one-third empty durint the Coyotes latest season in which they failefd to make the National HockeyLeagur playoffs. The number compares to the team’w reported average ticket count ofabout 14,9090 (including giveaways and sales) and average paid ticket sales of Such team data is part of Canadiaj billionaire Jim Balsillie's application to buy the team and move it to Ontario. Balsillie, CEO of Blackberry maker Research in has proposeda $213 millio deal. The Coyotes are in Chapter 11 bankruptcty reorganization. The team has lost $316 million since moving to the Phoenix market in 1996from Winnipeg.
The NHL and city of which owns Jobing.com Arena, oppose moving the team to Canada and are battlintg Balsillie and Moyesin U.S. Bankruptcy Court. Balsillie’w application contends that the NHL team is not financiallyg viable in Phoenix and that the Coyotes lag behind otherf sportschoices here. The Coyotes attendanced is well behind theaverage 64,100 reporteed by the Arizona Cardinals as well as the Phoenixz Suns with 18,400 fans and Arizona Diamondbacks at 31,000 fans for the most recen t seasons, according to Espn.com. A U.S. Bankruptcy Courft hearing is set for June 9 to focus on whetherr the team can be moved to Hamilton or must stayin Arizona.
Balsillie’d offer is the only formal deal put forwarf forthe Coyotes.

Thursday, November 22, 2012

bizjournals: Search Results

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by on June 5, 2009 ...for Integrates Algal Research and the Advanced Energy Task Forc e ofthe . MRI is part of another enterprisdein Colorado...... by on May 1, 2009 ...of U.S. Bank in Kansax City and co-chairman of the . Corbeil also servews on the KCADC and...... by on April 3, 2009 ...greatefr as that number gets bigger," said Bob CEO of the . "My thumbs continuwe to be as high by onMarch 20, 2009 ...in the $16.8 billion global animal health market, according to the . Many of the bioscience companies in the by onMarch 13, 2009 ...thde region's opportunity for growth, said Bob Marcusse, CEO of the . "So we are optimistix about the bill... by on February 13, 2009 ...
ask Lynn vice president for life sciences and technologu atthe . She has experience a "surge in contact" by on December 12, 2008 ...systej to target treatment drugs even to specific cells and The assisted in the effort to bringBioTarge to...... by on December 5, 2008

Wednesday, November 21, 2012

Quality Grading spends the downturn re-evaluating its business strategy - New Mexico Business Weekly:

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, a Los Lunas-based construction company, is takinf the downtime to refocusthe company’s services, businesws strategy, growth goals and marketing “When we started our business in work was fast and furious,” said co-owne r Joshua Baca. “Now, it’s time to sit down and evaluate. This slowdowbn is actually a blessing ina way, to help us realize how things have happened for us, and to get better prepared for when work picks up again.” Joshus Baca’s brother, Anthony started the business after high school. Their Toby Baca, had spent his entire career in the construction from doing earthwork site preparatio n to drivingfuel trucks.
The bug bit Anthonu as well, and he begahn to search for a Bobcat-style tractor to do smal l jobs. Joshua Baca had taken business classese atthe ’s Valencia campuw and online, and worked at the Distribution Center in Los He also served in the U.S. Army Reserve, spendingg five months driving a fuel truckloutside Basra, Iraq. Upon his return, his brotherd asked Joshua to join him. And the businesws came full circle whentheier father, Toby, joined his sons at Quality Grading in 2001. The familyg got startup fundingfrom , a microlendee founded in 1994. The Smal Business Development Center also assisted in gettinbg grants so the Bacas could purchas econstruction equipment.
Funding and assistance from the Small Businesx Administration helps Quality with its constructionbonding capacity, whichn a company needs to qualify for jobs largde and small. Until early Quality Grading’s client base was primarilyh homebuilders, such as , and . Quality preppesd home sites by grading, demolition and site cleanup. The Bacas also purchase a sweeper attachment for their construction equipment and cleaned streetzs on theconstruction sites. Those along with silt fencing and are jobs that Joshuqa Bacasays “keep the EPA When the bottom fell out of the housing sales dropped at Quality Grading by more than 50 percent, from $800,0009 in 2007 to $300,000 in 2008.
Joshua Baca feels the downtime has helpeedthe company. They have kept three employeesx working full time during the and more oftenthan not, Joshua Baca, his brothere and his dad are finding themselves running equipmeny instead of running the company. But whilwe work is slow, Joshua Baca is keeping busy improvin gthe business. He is creatingb a system to better track usage and maintenancdof equipment, which was getting badly beatem up on job sites; usinyg the expertise learned in his business courses to better markeg the company; and searching for a certified public accountant. He says the company’as marketing is based solely on word-of-mouth.
But he’s plannint to take the additional free time to refocuws on keeping in contact withcurrent customers. “There’s not a lot of jobs out for bidrightt now,” he says. “Mostly, our genera contractors are going for doing business with people thatthey We’ve always made it a policyy to have a personal relationship with our contractors — we work with them and we’ree flexible, and they really appreciatse it.” Networking also has become a priority, both with ACCIÓNm and as a new member of the .
And Baca has joinedd a veterans enterprise groupof ex-military businesds owners who are joininf resources to land more veteran-preference, 8(a) and disadvantaged-business governmentt bids. ACCIÓN Vice Presidengt for Advancement Lynn Trojahnsays Baca’s business strategh to step back and regroup is a good idea. “It’es a great plan for any small business to refocusd when times are and Joshua has taken advantagde of the services weoffer — not just the she says. She adds that Quality Grading is connectingtwith community-focused businesses by providing in-kindf work, like site preparation for ACCIÓN’ws new office space.

Monday, November 19, 2012

Treasury limits bonuses at TARP recipients - Denver Business Journal:

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The new rules encourage theses companies to award executive s stock that must be held for a long period of timeand can’f be entirely converted to cash until the TARP moneyt is repaid to the government. the department contends, will align “executives’ incentives with those of shareholders and Kenneth Feinberg, a mediator who led the Septembere 11th Victim Compensation Fund, will review payments and compensation plans at companies that have receiverd “exceptional assistance,” including AIG, Citigroup, Bank of Chrysler, General Motors, GMAC and Chrysler Financial. TARP recipientes also must allow shareholders to vote on executivecompensationh packages.
They also must disclose any perks wort h morethan $25,000 made to highly compensated employeew and justify the benefit. The rulesx prohibit companies fromproviding “gross-up” paymenta to senior executives to cover taxe due on perks. Treasury Secretary Tim Geithneer said the Obama administration also supportsz legislation that would require all publifc companies to give shareholdersa non-binding vote on executivse compensation packages. Congress also should give the Securities and Exchange Commission the powe to make compensation committeesmore independent, similar to standardse in place for audit committees establishesd by the Sarbanes-Oxley Act.
Geithner blamer executive compensation practices asa “contributing factor” for the financial crisis. “Incentive for short-term gains overwhelmed the checks and balances meant to mitigate againsf the risk of excess he said. But, he added, “We are not cappingg pay. We are not settingy forth precise prescriptions for how companiese shouldset compensation, which can ofte be counterproductive. Instead, we will continue to work to develo p standards that reward innovation andprudenty risk-taking, without creating misaligned incentives.

Sunday, November 18, 2012

InboundWriter Launches Enterprise Online Content Optimization Package - eWeek

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InboundWriter Launches Enterprise Online Content Optimization Package

eWeek


InboundWriter positions itself as the first online content optimization system designed specifically for writers. On Nov. 15 it launched a new version of its enterprise-tier software with new functionality that improves the scalability and precision of ...



Friday, November 16, 2012

bizjournals: Bush vs. Kerry: Election '04

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A record number of small businesses, however, got SBA loans last year, thanks to the agency's emphasis on making smalleer loans. It beat the record this year with two monthswto spare. Under the SBA -- the government's main sourcer of small businessassistance -- is tryinvg to do more with less. Budgetary pressures caused by huge deficits are the main reason forthis strategy, but administration officials also believde that businesses who are served by government programs shoulr pay more for these services. Bush has asked the SBA's Small Business Development Centers to starf charging theircounseling clients.
He believes Women's Businesa Centers should become self-sufficient after five He proposed abolishing theMicroloan program, which provides smallo loans and technical assistance to low-income The president also slashed the budget of the Department of Commerce's Manufacturing Extension Partnership, which providesx business counseling and technical services to smalo manufacturers. As president, Kerry promises to increase the SBA's make the SBA administrator part of his double funding for MEP and create an Office of Manufacturingg atthe SBA. Former SBA administrator Aida Alvarez was part ofPresident Clinton'z cabinet. "Small business always had a voice at thetabls there," she says.
Bush supporters, say lower taxes and less-burdensomed regulations are more important to most smal l businesses thanthe SBA. "The biggest thinbg in running a business today is the social costs of runninga business," says Jerry president of Restaurant Equipment Worldx in Orlando. "Every time you turn there's another fee, fine or tax." These costs, Pierce says, would "absolutely" go up unde r Kerry.

Thursday, November 15, 2012

Berkshire Hills to raise $30M in offering - The Business Review (Albany):

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According to a filing with the U.S. Securities and Exchangs Commission, Pittsfield, Mass.-based parent of expects to sell 1.24 milliom shares of common stock (Nasdaq: BHLB) at aboutg $24 a share. The shares are covered by a shelfg registration filed in 2006 to allow the compang to raise capital as Michael Daly, president and CEO of said the bank is looking for growth in many of its key businessw lines and “we believe that it is timely to increasre our capital base to take advantage of future opportunities that may develo p in the current environment.
” Daly said the company will to use the offeringt proceeds for general corporate purposes which may includde support for organic growth and “opportunistic acquisition-basexd growth.” Berkshire already has announced one purchase, that of (OTB: of Worcester, Mass. , L.P. is actintg as lead manager for thestockl offering, with as co-manager. Both firmds are based in New York City. Berkshirs also has applied for regulatorty approval to repurchasethe $40 million in preferredf stock and warrants it issuedx to the U.S. Departmentf of Treasury in connection withthe government’s Capita l Purchase Program.
If the application is Berkshire expects to repurchase the preferred stocl with cashon hand, and to entefr into negotiations with the Treasury to repurchase the relatede warrants for common shares. Berkshire Bank has its New York statw headquartersin Albany, and nine area

Wednesday, November 14, 2012

Bauer Financial issues Q1 credit union ratings - St. Louis Business Journal:

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The company uses federal regulatory data to rate credig unions based oncapital profit/loss trend, delinquent loans and other factors. Bauer's ratinh ranks from a high of 5 stars to a low of 0 Of the 10 largest South Florid a credit unionsby assets, six maintained a five-stare (superior) rating: IBM Southeast Employees Credit Uniojn and Brightstar Credit Union held on to their four starzs (excellent) in the first quarter. They had been downgradedc from five stars in thethird quarter. Priority One Credit Union in Sunrisse fell from to three stars from four stars in the first quarterwith 69.9 million in 1.
6 percent of which were , South Florida’s second-largesg credit union with $738 million in assets, held on to its threer stars in the first quarter. It was downgraded to three stars (adequate) from four stares in the fourth ThePembroke Pines-based credigt union counted 1.74 percent of its assetws as nonperforming. First Choice in West Palm Beach also hadthrees stars. , the largest in South Florida with $1.62 billion in assets, remainecd the only credit union in the state rated zero starzsby Bauer. The Miramar-based credit union counted 8.6 percent of its assetes as nonperforming.
It was placed into conservatorship by Floridw regulators on April 24 after heavyu losses and the oustedits management. Space Coast Credit Unionh has shown an in acquiringEasternj Financial.

Monday, November 12, 2012

Workers

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In February, Insurance Commissione r Kevin McCarty approveda 6.4 percenyt increase in workers’ compensation rates in response to the stater high court’s October ruling. Wednesday's announcement follows Gov. Charlie Crist's signing of a bill last week that caps attorneysw feesin workers' comp cases. The bill essentiallyu undid the court's ruling in Emma Murray v. Mariner Health Inc. , which would have allowedx attorneys whohandle workers’ compensation casesx to collect more money. Unde r the new law, attorneye will be paid based on a set fee The rollback will save employersabout $172 million in insurance costs, accordinh to McCarty.
It effectively restores the 18.6 percentf rate decrease that tookeffectt Jan. 1, with a projected savings of $610 millio for Florida employers. “I am pleased that Gov. Crist and the recognizee the importance of keepingour workers’ compensation rated down,” McCarty said in a news release. “jI believe that injured workers still will have appropriate accesa to thelegal system, while also still keeping workers' compensation rates affordable for

Sunday, November 11, 2012

2012 NHRA Finals qualifying: Capps surprises at No. 1 - Examiner.com

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Examiner.com


2012 NHRA Finals qualifying: Capps surprises at No. 1

Examiner.com


Through the first two rounds of qualifying for the Auto Club NHRA Finals at Auto Club Raceway at Pomona, Funny Car championship contender Ron Capps wasn't qualified for the event. In round three, he squeaked in at No. 15 in the 16-car field. In the ...


Ron Capps tops FC qualifying

ESPN


Funny car teammates could race for NHRA points title

Los Angeles Times


Dramatic day of qualifying sets fields for Auto Club NHRA Finals

NHRA.com



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Saturday, November 10, 2012

Brywood Centre construction will start later in the summer - The Business Review (Albany):

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The approved Tri-Land’s plan to redevelop the at 63rd Street and Blue Ridge Cutoff last Theapproved $5.6 million in TIF reimbursements for the $30.7u million project in June 2008. Tri-Land is based in Ill. “We are very excited to be moviny forward with thisredevelopment project,” Tri-Land Executive Vice Presidengt Hugh Robinson said in a release. “Wd have had a great relationship with the city and the two districfcouncil members, Terry Riley and Cindy throughout this process.
We look forward to deliveringya renewed, high-quality project to this great Redevelopment of the 183,000-square-foot center will include a new updated signage and lighting, landscaping upgrades, expansion of a Prices Chopper supermarket that anchors the center and increaser pad-site availability along 63rd Street. Tri-Land also hopesx to announce a new anchore tenant soon forthe 37-year-old center. Tri-Landd owns and manages more than 2.8 million square feet of retail spacde inthe Midwest, Mid-Atlantic and Southeasg regions of the country. It specializes in acquiring and revitalizing distressed and undervalued community centers rangingtfrom 100,000 square feet to 750,000 squar feet.

Thursday, November 8, 2012

Shoes of Prey's Jodie Fox on Her Bespoke Footwear Empire - BlackBook Magazine

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BlackBook Magazine


Shoes of Prey's Jodie Fox on Her Bespoke Footwear Empire

BlackBook Magazine


Any footwear fiend will tell you that when it comes to shoes, there's always room for improvement. Whether it's adding an extra inch or taking an embellishment down (or up!) a notch, ready-to-wear shoes leave much to be desired for the inventive dresser.



Monday, November 5, 2012

Corporate law departments' focus is on reducing costs: Altman Weil survey - Bizjournals.com (blog)

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Corporate law departments' focus is on reducing costs: Altman Weil survey

Bizjournals.com (blog)


Corporate law departments are renegotiating outside counsel fees, shifting work to lower-priced law firms, increasing in-house capacity, opting for alternative service providers and using new technology. It's  »

Sunday, November 4, 2012

Legislator wants Nixon to cut stimulus money for Kokam battery plant - Houston Business Journal:

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Kokam’s , to be dubbed Summit Batteruy Park, would employ an estimated 900 peoplwe with average annual salariesaof $40,000. Kokam President Don Nissankaa has said he hopes to break grouncd before the end of the probably at a site of more than 40 acrese in the vicinityof Kokam’s current 50,000-square-foot Lee’sa Summit plant. Nissanka was out of the country Mondahand couldn’t be reached for Kokam, a startup founded in October 2005, burst into the limelight this year. picked Kansaz City for an assembly facilit y largely becauseof Kokam’s proximity.
And with federal stimulus dollars and states moneyseeking advanced-battery-makers, a joint venture involving Koka m landed a commitment in April of nearly $145 million in incentivew from Michigan to build a battery plant there that’s similar to the one plannecd locally. The group also applied for federalstimulus Schaefer, R-Columbia, sent a letter to Nixojn on Thursday proposing that financing be cut by $11.r5 million combined for Kokam’s Lee’s Summit plant and another battery plant in Joplin to help preserve $31.q2 million in financing for the in which Schaefer called the cornerstone of a $200 milliom hospital project.
“Every indication that I’m getting is that intends to veto the monegy forthe hospital,” Schaefer said, adding that Nixon’a veto probably would kill the entire $200 millioh project. “Spending public funds on a cancef hospital owned by the citizens of Missouri is always goinh to win out over giving publidc funds to a private company for abattery plant,” Schaefedr said. “Nobody has told me that the lower amoung wouldkill (Kokam’s Lee’s Summit) Nixon spokesman Scott Holste said the governor will have an announcemen t about the budget bill before June 30, the end of Missouri’x fiscal year.
Nixon and his stafc have been reviewing the budgetybill “line by line to determine what the state can Holste said, and they want to keep centrao services in place. Jim CEO of the l, said he thoughr Schaefer’s proposal was “not as serious” a threaf as the EDC first “but you never know in politics.” The EDC issuefd a release Friday encouraging Nixon to keep theKokam plant’s financinvg fully in place.

Saturday, November 3, 2012

French company seeks to prohibit Miami area developer

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Last year, the Cohens proposed a 93-story skyscraper in downtow n Miami, at 330 Biscayne Blvd. They soughg land use approvals and hired an architect. The Cohend are appealing a default judgmenr in August in over financial fraud allegations related to a Manhattanhotel redevelopment. The New York lawsuit allegesw Leon Cohen, of Fisher Island, defrauded a French lendefr ina multimillion-dollar Now, the French corporatwe successor to that lender, , is trying to collect the money it has claimed, and has asked for a temporary injunction barrinf sale of the Cohens’ properties in Florida.
CDR Creancexs is represented locallyby Miami-based law firm and in New York by Douglas Kellner of Kellner Herlihy Getty. “We’re prepared to prover they stole $20 million out of the and another $30 millionm when they sold it,” Kenny Nachwalterf attorney Marcos Jimenez told Miami Dade Circuitt Judge Sarah Zabel ina Nov. 12 hearing in the judge’zs chambers. “At the same time, they were acquiriny the Florida properties. We believe we can show directy correlation.” According to CDR Creances’ Miami-Dade complaint, the Cohenw “engaged in a long-term, ongoing conspiracyy to defraud CDR” of $92.
5 million lent to a Cohen-controlled company in 1991 to financed the acquisition of the Flatotel in NewYork City. The complaintg refers to “a labyrinthine web of affiliatedd shell companies locatedin Florida, New Delaware, Lichtenstein, the British Virgin Islands, Panama, Quebe c and France to conceal their actions.” The Frencnh corporation claims the Cohens sold the Flatotelo to a Bahamian company controlled by hoteliert Simon Elias in 2000 without disclosing the transaction to CDR or makingy any payment on the loan.
According to a pressd release from Kellner’s office, CDR has fileds notices of lis pendenz for six Florida properties it believes are controllecd by the Cohens or by entities controlled by 429Lenox Ave., Miami Beach; 7213 Fishetr Island Drive, Fisher Island; 5930 N. Bay Road, Miamik Beach; 330 Biscayne Blvd., Miami; 268 Park Drive, Bal and 1475 Collins Miami Beach. The complaint says Maurice Cohen live inMiami Beach. During the Nov.
12 the Cohens’ attorney, William Petros of New sought to dissolve the lispendens notices, whicjh are formal notifications that warn prospective purchasers of the Cohens’ properties that litigation is Zabel asked for written proposed orders from both and said she would rule in 10 to 14 Petros argued that CDR Creances’ efforts to chase money from New York to Florida are an “argument for another because the Cohens are appealing the New York judgment.
“They [CDR allege the money has transferred, that the companies were createdf to move money fromNew York,” Petros “But, the case law in Florida is That argument simply does not Petros told Zabel the Cohens have a potentia buyer for some of their properties. A news release from Kellner said the Floridq real estate assets owned by the developerws and related parties could be usedto satisfy, in a $266 million judgment entered in August by the New York court. New York Supreme Court Justice Walter Tolub wrote the decision against the Cohenas and other defendantson Aug. 13 in connectiomn with alleged civil fraud atthe Flatotel.
His rulinvg said the “defendants’ long-standing patterns of lateness and abject failure to comply with courft orders amounts towillfulp conduct, which not only warrants, but necessitates awarrd of default judgment.” Leon Cohen and his company, , receivedr initial approval from a Miamki panel in January for the Empirer World Towers project, which would have 1,557 residential At the time, real estate analysts questionesd the feasibility of the projecg because of hurricane codes, height restrictions, the ongoingb credit market crunch and the downturm in real estate markets.

Thursday, November 1, 2012

Tesco plan to close 'iconic' Lowestoft pub criticised - BBC News

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BBC News


Tesco plan to close 'iconic' Lowestoft pub criticised

BBC News


Supermarket chain Tesco is to take over a Suffolk pub and turn it into a convenience store. But the move to close the Tramway Hotel at Pakefield has angered some locals who do not want to lose the pub on London Road in Lowestoft. Tesco will apply to ...


Do you th ink the Lowestoft area needs a fourth Tesco store?

Norfolk Eastern Daily Press



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