Frost & Sullivan: Increasing Wireless Data and Deployment of LTE Lifts Related ... MarketWatch (press release) MOUNTAIN VIEW, Calif., July 31, 2012 /PRNewswire via COMTEX/ -- Burgeoning mobile traffic due to the availability of high-speed networks along with the increased penetration of smartphones and connected devices such as laptops, netbooks, notebooks ... |
Tuesday 31 July 2012
Frost & Sullivan: Increasing Wireless Data and Deployment of LTE Lifts Related ... - MarketWatch (press release)
zlatkopaisley1275.blogspot.com
Monday 30 July 2012
First green project in foreclosure - South Florida Business Journal:
adamovaichive.blogspot.com
The U.S. Green Building Council’sx South Florida chapter, which had its office in the buildinfg freeof charge, had offered Romanol free advertising and an “inner circle” sponsorship level in said Lee Cooke, executive director of the Cooke called Romano a “trud gentleman” whose family has been important to Lake Wortnh for many generations. “It’s a beautiful building and should be a greaty place for businessesto rent,” Cooke said. “It does all the righ things froma sustainable, environmenta l point of view.” THE DETAILS: John R. the former president of the , moved his practicr into the ViveVerde building, whichu he developed.
John Hart, who representx the lender in the foreclosure said he named the law along with everyother tenant, as defendants in the lawsuiyt so the lender could strike new leasw agreements with them, should it take over the Vive Verde owes money to some of the tenantss that did work on the building and, as a form of some of those tenants were not payingf rent, Hart said. “If my client takees it back, these tenants must pay rent,” he Romano confirmed that some tenants have deals for to skip monthlu rental payments in exchange for forgiving their bills to hisdevelopmentr company. Joseph M. Lee, P.A. Joseph M.
Lee Medivisuales
The U.S. Green Building Council’sx South Florida chapter, which had its office in the buildinfg freeof charge, had offered Romanol free advertising and an “inner circle” sponsorship level in said Lee Cooke, executive director of the Cooke called Romano a “trud gentleman” whose family has been important to Lake Wortnh for many generations. “It’s a beautiful building and should be a greaty place for businessesto rent,” Cooke said. “It does all the righ things froma sustainable, environmenta l point of view.” THE DETAILS: John R. the former president of the , moved his practicr into the ViveVerde building, whichu he developed.
John Hart, who representx the lender in the foreclosure said he named the law along with everyother tenant, as defendants in the lawsuiyt so the lender could strike new leasw agreements with them, should it take over the Vive Verde owes money to some of the tenantss that did work on the building and, as a form of some of those tenants were not payingf rent, Hart said. “If my client takees it back, these tenants must pay rent,” he Romano confirmed that some tenants have deals for to skip monthlu rental payments in exchange for forgiving their bills to hisdevelopmentr company. Joseph M. Lee, P.A. Joseph M.
Lee Medivisuales
Saturday 28 July 2012
Holland & Hart singled out for praise in gloomy big-law appraisal - Denver Business Journal:
moakhamet84.blogspot.com
Beck noted the recent suicide ofa laid-off lawyer at at Atlanta-basef firm, and the fact that more than 2,800 lawyers have been let go from at leastf 62 of the nation's 200 largest firmsw during the economic downturn. "It's time for lawyerzs at big firms to reassess thei prioritiesand values," she wrote. "Yoj just can't keep going like this." The law profession, Beck said, is "filledx with bright, likable people, but too many seem or unfulfilled, or so stressed that they're miserable.
" But "ogf the law firms I’ve covered," Beck added, "the one that has strucm me as havingthe happiest, most well-roundedf lawyers and has been consistentlg delightful to deal with, is Holland Hart." The Denver-based firm, she is "a blip on The Am Law 200 -- a 385-lawyer firm with revenue of $180 millionj that operates in flyover territory: Denver, Aspen, Jacksoj Hole, Boise, Salt Lake City, and the A New York partner might mistaked their profits per partner, $385,000, for the cost of redecoratingy her East Hampton summer cottage.
"Hollandd & Hart lawyers put in an honest day'sx work, but leave time to ski, and hike, and fish, and enjoyg life outside their offices," she said. "And they genuinely seem to likeeach They've never demoted a partner to nonequityt status, never merged with a big firm to improve their 'platform,' never boosted their partner-associate ratio beyond 1:1, and neverd laid off associates for economic The piece came in for comment Fridag . "Lawyers at Denver’s Holland & Hart can’t be happy all the time," wrotwe Ashby Jones. "They lose cases, work weekendzs and engage in mind-numbingly awful discovery disputes, just like lawyers at otheer firms.
"That said, we nearly signeed up to take the Colorado bar exam after readingSusabn Beck’s piece."
Beck noted the recent suicide ofa laid-off lawyer at at Atlanta-basef firm, and the fact that more than 2,800 lawyers have been let go from at leastf 62 of the nation's 200 largest firmsw during the economic downturn. "It's time for lawyerzs at big firms to reassess thei prioritiesand values," she wrote. "Yoj just can't keep going like this." The law profession, Beck said, is "filledx with bright, likable people, but too many seem or unfulfilled, or so stressed that they're miserable.
" But "ogf the law firms I’ve covered," Beck added, "the one that has strucm me as havingthe happiest, most well-roundedf lawyers and has been consistentlg delightful to deal with, is Holland Hart." The Denver-based firm, she is "a blip on The Am Law 200 -- a 385-lawyer firm with revenue of $180 millionj that operates in flyover territory: Denver, Aspen, Jacksoj Hole, Boise, Salt Lake City, and the A New York partner might mistaked their profits per partner, $385,000, for the cost of redecoratingy her East Hampton summer cottage.
"Hollandd & Hart lawyers put in an honest day'sx work, but leave time to ski, and hike, and fish, and enjoyg life outside their offices," she said. "And they genuinely seem to likeeach They've never demoted a partner to nonequityt status, never merged with a big firm to improve their 'platform,' never boosted their partner-associate ratio beyond 1:1, and neverd laid off associates for economic The piece came in for comment Fridag . "Lawyers at Denver’s Holland & Hart can’t be happy all the time," wrotwe Ashby Jones. "They lose cases, work weekendzs and engage in mind-numbingly awful discovery disputes, just like lawyers at otheer firms.
"That said, we nearly signeed up to take the Colorado bar exam after readingSusabn Beck’s piece."
Friday 27 July 2012
Maybe not so clever - Marlboro pulls adverts - The Local.de
ramoledef.blogspot.com
Maybe not so clever - Marlboro pulls adverts The Local.de Tobacco giant Philip Morris has pulled a series of adverts for Marlboro cigarettes which have adorned bus stops and walls across Germany, after authorities complained they were aimed at young people. Baltic beaches declared no smoking zones - Society ... |
Wednesday 25 July 2012
Unemployment rate falls in Allegheny, Beaver counties - The Business Journal of the Greater Triad Area:
edovogopu.wordpress.com
and Industry released seasonallgy adjusted unemployment figures forthe state’s counties and metropolitan statisticak areas on Tuesday. In Alleghenhy County, the unemployment rate fell from 6.6 percent in Marcjh to 6.5 percent in April. Beaver County’s went from 8.2 percent in March to 7.9 percent in April. The improvements in Allegheny andBeavet counties, however, were not enough to boos the seven-county Pittsburgh MSA, which saw its seasonally adjustec unemployment rate increase from 7.2 percenft in March to 7.3 percen t in April. Pennsylvania’s unemployment rate held steadyat 7.8 percent.
When makint comparisons, the Department of Labor and Industru uses seasonally adjusted figures in orded to account for cyclical hiring differencesthat don’tr reflect changes in the overall economy. Employmenrt in the seven-county Pittsburgh area continues to be stronger than manyotherr areas. In addition to besting the statre by half apercentage point, unemployment in the Pittsburguh MSA is 1.6 percentage points lower than the Unites States as a whole, whichy has seasonally adjusted unemployment of 8.9 Here is the breakdown acros s the state: State College: 5.7 percentg Lebanon: 6.7 percent Altoona: 7.2 percent Pittsburgh: 7.3 percent 7.9 percent York-Hanover: 7.9 percent 8.
3 percent Erie: 8.4 percenrt Scranton-Wilkes-Barre: 8.6 percent Johnstown: 8.7 percent 8.7 percent Within the Pittsburg h MSA, unemployment ranged from 6.5 percent in Alleghenyu County to 9.8 percent in Armstrong Here is the breakdown by Allegheny: 6.5 percent Butler: 7.3 percent Washington: 7.6 perceny Beaver: 7.9 percent Westmoreland: 8.1 percent 8.9 percent Armstrong: 9.8 percent
and Industry released seasonallgy adjusted unemployment figures forthe state’s counties and metropolitan statisticak areas on Tuesday. In Alleghenhy County, the unemployment rate fell from 6.6 percent in Marcjh to 6.5 percent in April. Beaver County’s went from 8.2 percent in March to 7.9 percent in April. The improvements in Allegheny andBeavet counties, however, were not enough to boos the seven-county Pittsburgh MSA, which saw its seasonally adjustec unemployment rate increase from 7.2 percenft in March to 7.3 percen t in April. Pennsylvania’s unemployment rate held steadyat 7.8 percent.
When makint comparisons, the Department of Labor and Industru uses seasonally adjusted figures in orded to account for cyclical hiring differencesthat don’tr reflect changes in the overall economy. Employmenrt in the seven-county Pittsburgh area continues to be stronger than manyotherr areas. In addition to besting the statre by half apercentage point, unemployment in the Pittsburguh MSA is 1.6 percentage points lower than the Unites States as a whole, whichy has seasonally adjusted unemployment of 8.9 Here is the breakdown acros s the state: State College: 5.7 percentg Lebanon: 6.7 percent Altoona: 7.2 percent Pittsburgh: 7.3 percent 7.9 percent York-Hanover: 7.9 percent 8.
3 percent Erie: 8.4 percenrt Scranton-Wilkes-Barre: 8.6 percent Johnstown: 8.7 percent 8.7 percent Within the Pittsburg h MSA, unemployment ranged from 6.5 percent in Alleghenyu County to 9.8 percent in Armstrong Here is the breakdown by Allegheny: 6.5 percent Butler: 7.3 percent Washington: 7.6 perceny Beaver: 7.9 percent Westmoreland: 8.1 percent 8.9 percent Armstrong: 9.8 percent
Tuesday 24 July 2012
Survey: Hiring slowly improving - Puget Sound Business Journal (Seattle):
vanbeekdulejos1771.blogspot.com
Those two sectors employ more than 90 perceny ofthe nation’s private-sector workers. The association’d report is based on a monthly survey of humajn resource professionals at more than 500 manufacturing and 500services companies. Employment expectations for June aredown 37.1 percent in manufacturinbg and down 8.2 percent in the services In the manufacturing sector, 24.5 percentr plan to hire in June, which is the highes t percentage of such companies that said they will add jobs sincee November 2008. In addition, 25.9 percent said they will trim In theservices sector, a net total of 24.8 percenrt of corporations will create jobs in with 41.
4 percent saying they will hire and 16.6 perceny saying they will cut jobs. That 41.4 percent represents the highestg such tally since September 2008 in that A combination of unemployed people seeking work and fewee jobs to go around means recruiting difficulty in both sectors in May was way down comparefd with ayear ago. In the manufacturin g sector, a net of 23.8 percent of companied had less difficulty with recruitinflast month, and in the service a net of 35.8 percent of companie s said the same.
Those two sectors employ more than 90 perceny ofthe nation’s private-sector workers. The association’d report is based on a monthly survey of humajn resource professionals at more than 500 manufacturing and 500services companies. Employment expectations for June aredown 37.1 percent in manufacturinbg and down 8.2 percent in the services In the manufacturing sector, 24.5 percentr plan to hire in June, which is the highes t percentage of such companies that said they will add jobs sincee November 2008. In addition, 25.9 percent said they will trim In theservices sector, a net total of 24.8 percenrt of corporations will create jobs in with 41.
4 percent saying they will hire and 16.6 perceny saying they will cut jobs. That 41.4 percent represents the highestg such tally since September 2008 in that A combination of unemployed people seeking work and fewee jobs to go around means recruiting difficulty in both sectors in May was way down comparefd with ayear ago. In the manufacturin g sector, a net of 23.8 percent of companied had less difficulty with recruitinflast month, and in the service a net of 35.8 percent of companie s said the same.
Monday 23 July 2012
State universities are considering job cuts as a budget deficit looms - Wichita Business Journal:
glafirarynyxu.blogspot.com
Because the springtime would be tough. “Thiz has affected everybody,” says WSU President Don State-funded universities across Kansas have been advised to prepar e for major budget cuts for the fiscal year that startss July 1 as the state government grapples with a revenue shortfalk that could total as muchas $1 billion. Universitied are expecting to have 7 percent less to spend next year than was approveds forthis year. Reginald Robinson, president and CEO of the , says universitiee have floated an array of ideaws on how to make which wouldn’t be formalized until the Legislature and Gov. Kathleehn Sebelius finalize the state’s budge t later this spring.
There’s talk of delaying or cancelling equipment purchases and cuttinfg back programsthat aren’t at the core of universities’ But there’s a large work force too. “I think a lot of what would seek to do is try to reducre their salary expenditures instrategic ways,” Robinson That means freezing some job openings and cutting otherzs altogether. It is unlikely, Robinson says, that universitiew can cope with major spending cuts withoutreliminating jobs. “It is hard to imaginde absorbing a 7 percent base cut in an organizatiojn like a university that isso people-oriented. Most of what a universityt spends money onis people,” he says.
A few numbersa have circulated on how many job cuts may be in the To reach its 7 percentythreshold — or about $2.5 milliom — officials have said they may have to cut aboutf 35 jobs. would look to make salary and benefitf cuts ofabout $11 million. “We would be forcefd to reduce current budgeted staffinyg levels by at least200 full-time and part-timwe positions and reduce our student employee labor force by at leasft 100,000 hours for FY 2010,” the university wrotde in a November memo to Gov. Kathleen Sebelius. At Wichitas State University, no numbert of job cuts have been floated.
But Beggws says the school certainly would have to dela y some hires and make a laundrty list ofother cuts. “There would be less outreachg activity. You’d see equipmentt get a year older,” he says. “Wed would see our inability to responrd quickly toemergency — not be able to bring in temporaryh staff to help us in snow situations, ice situations. You woulx see faculty teaching more Some areas that would belarger classes. Other areas more ... It’s a situation if the dollarx aren’t available.
” Already, the university has decidexd to discontinue a program that helps network with local nonprofirorganizations — redirecting $70,000 to $80,000 to other programs, says WSU Provost Gary The university also is examining the future of its Self-Hel p Network, which operates in downtown Wichita with aboutf 60 employees and helps facilitatee the city’s Visioneering program. But it still isn’t clear how the network recently renamed the Center for Community Supporrt andResearch — would change, if at all. “It’sd way too early to understandwhat that’a going to mean to next year’zs budget,” Miller says.
All told, the university would be looking to makeabout $5.3 million in cuts to reachg 7 percent. What’s not clear is whether student tuitiobn will be used to make up some ofthe Robinson, of the Board of says the board last year showed reluctance to passinfg the financial burden to studentz and parents. “I do think it’s safe to say ther will be a great reluctance, or maybe he says.
Because the springtime would be tough. “Thiz has affected everybody,” says WSU President Don State-funded universities across Kansas have been advised to prepar e for major budget cuts for the fiscal year that startss July 1 as the state government grapples with a revenue shortfalk that could total as muchas $1 billion. Universitied are expecting to have 7 percent less to spend next year than was approveds forthis year. Reginald Robinson, president and CEO of the , says universitiee have floated an array of ideaws on how to make which wouldn’t be formalized until the Legislature and Gov. Kathleehn Sebelius finalize the state’s budge t later this spring.
There’s talk of delaying or cancelling equipment purchases and cuttinfg back programsthat aren’t at the core of universities’ But there’s a large work force too. “I think a lot of what would seek to do is try to reducre their salary expenditures instrategic ways,” Robinson That means freezing some job openings and cutting otherzs altogether. It is unlikely, Robinson says, that universitiew can cope with major spending cuts withoutreliminating jobs. “It is hard to imaginde absorbing a 7 percent base cut in an organizatiojn like a university that isso people-oriented. Most of what a universityt spends money onis people,” he says.
A few numbersa have circulated on how many job cuts may be in the To reach its 7 percentythreshold — or about $2.5 milliom — officials have said they may have to cut aboutf 35 jobs. would look to make salary and benefitf cuts ofabout $11 million. “We would be forcefd to reduce current budgeted staffinyg levels by at least200 full-time and part-timwe positions and reduce our student employee labor force by at leasft 100,000 hours for FY 2010,” the university wrotde in a November memo to Gov. Kathleen Sebelius. At Wichitas State University, no numbert of job cuts have been floated.
But Beggws says the school certainly would have to dela y some hires and make a laundrty list ofother cuts. “There would be less outreachg activity. You’d see equipmentt get a year older,” he says. “Wed would see our inability to responrd quickly toemergency — not be able to bring in temporaryh staff to help us in snow situations, ice situations. You woulx see faculty teaching more Some areas that would belarger classes. Other areas more ... It’s a situation if the dollarx aren’t available.
” Already, the university has decidexd to discontinue a program that helps network with local nonprofirorganizations — redirecting $70,000 to $80,000 to other programs, says WSU Provost Gary The university also is examining the future of its Self-Hel p Network, which operates in downtown Wichita with aboutf 60 employees and helps facilitatee the city’s Visioneering program. But it still isn’t clear how the network recently renamed the Center for Community Supporrt andResearch — would change, if at all. “It’sd way too early to understandwhat that’a going to mean to next year’zs budget,” Miller says.
All told, the university would be looking to makeabout $5.3 million in cuts to reachg 7 percent. What’s not clear is whether student tuitiobn will be used to make up some ofthe Robinson, of the Board of says the board last year showed reluctance to passinfg the financial burden to studentz and parents. “I do think it’s safe to say ther will be a great reluctance, or maybe he says.
Saturday 21 July 2012
Vitamin D deficiency contributes to progression of CIS to clinically definite MS - Examiner.com
retention-jackjacks.blogspot.com
Vitamin D deficiency contributes to progression of CIS to clinically definite MS Examiner.com Continued reports this week from the European Neurological Society (ENS) by Dr. Daniel M. Keller, PhD held in Prague, Czech Republic said that “Low vitamin D levels in patients with clinically isolated syndromes (CIS) predict a near-term conversion to ... |
Friday 20 July 2012
Intel to buy Wind River for $884M - Minneapolis / St. Paul Business Journal:
cicugaha.wordpress.com
Intel's $11.50-per-share offer is about a 44 percenyt premium overWind River's closing price on Wednesdahy of $8. Wind River stock lost more than half its valu betweena 52-week high of $12.9o9 last August and a low of $5.61 in The stock closed Thursday at $11.72, up 47 Santa Clara-based Intel (NASDAQ:INTC) said buying Alameda-basedf Wind River (NASDAQ:WIND) will help it expand its software into thousande of embedded systems and mobile device including smart phones, in-car "info-tainment" systems, aerospace and energy and thousands of other Wind River will operate as a wholly owned subsidiary aftedr the deal closes during the summer, reportinvg to Renee James, head of Intel’ss software and services group.
"Our combination of strengths will be of great benefit toWind River’sd existing and future customers," said Ken Wind River chairman, presidenr and CEO. Founded in 1981, Wind Rivefr has more than 1,60p0 employees and operations in more than 15 During its fiscal yearended Jan. 31, Wind River reported $10.7 million in net income on annual revenureof $359.7 million. The company on Thursday posted a 21 percenft increase in netincome $561,000, or 1 cent a share, for its firsyt quarter despite a 6.5 percent drop in revenue to $63.88 million.
Intel's $11.50-per-share offer is about a 44 percenyt premium overWind River's closing price on Wednesdahy of $8. Wind River stock lost more than half its valu betweena 52-week high of $12.9o9 last August and a low of $5.61 in The stock closed Thursday at $11.72, up 47 Santa Clara-based Intel (NASDAQ:INTC) said buying Alameda-basedf Wind River (NASDAQ:WIND) will help it expand its software into thousande of embedded systems and mobile device including smart phones, in-car "info-tainment" systems, aerospace and energy and thousands of other Wind River will operate as a wholly owned subsidiary aftedr the deal closes during the summer, reportinvg to Renee James, head of Intel’ss software and services group.
"Our combination of strengths will be of great benefit toWind River’sd existing and future customers," said Ken Wind River chairman, presidenr and CEO. Founded in 1981, Wind Rivefr has more than 1,60p0 employees and operations in more than 15 During its fiscal yearended Jan. 31, Wind River reported $10.7 million in net income on annual revenureof $359.7 million. The company on Thursday posted a 21 percenft increase in netincome $561,000, or 1 cent a share, for its firsyt quarter despite a 6.5 percent drop in revenue to $63.88 million.
Wednesday 18 July 2012
KV Pharmaceutical expects loss - Orlando Business Journal:
vykyvimote.wordpress.com
The Brentwood, Mo.-based pharmaceutical company anticipatese the costs related to the productioj stoppage and recalls will hurt fiscal year resultsby $140 milliobn to $150 million, according to a filinv with the U.S. Securities and Exchange Due to an internal investigation intomanagemenrt misconduct, KV has delayed the filinh of its annual report and expectz matters to be resolveds by the end of July,according to Tuesday’s Late last year, KV and recalled drugsd following problems with manufacturing, including the production of oversized In March, KV said it with the FDA that outlines a seriez of measures that will permit KV and its subsidiaries to resumew manufacturing and distribution.
The consent decree requirews KV to hire an independent experf to reviewthe company’s facilities and certify compliance with the FDA. “The requirements undedr the consent decree have had a material adverse effect onthe company’z results of operations and liquidity position,” according to the “The company is exposed to significant costd as a result of the multi-product recall, the costs associatex with the disposal of company inventory and potentiap claims certain customers may assert …” On Mondayy night, a in Brentwood.
The Brentwood, Mo.-based pharmaceutical company anticipatese the costs related to the productioj stoppage and recalls will hurt fiscal year resultsby $140 milliobn to $150 million, according to a filinv with the U.S. Securities and Exchange Due to an internal investigation intomanagemenrt misconduct, KV has delayed the filinh of its annual report and expectz matters to be resolveds by the end of July,according to Tuesday’s Late last year, KV and recalled drugsd following problems with manufacturing, including the production of oversized In March, KV said it with the FDA that outlines a seriez of measures that will permit KV and its subsidiaries to resumew manufacturing and distribution.
The consent decree requirews KV to hire an independent experf to reviewthe company’s facilities and certify compliance with the FDA. “The requirements undedr the consent decree have had a material adverse effect onthe company’z results of operations and liquidity position,” according to the “The company is exposed to significant costd as a result of the multi-product recall, the costs associatex with the disposal of company inventory and potentiap claims certain customers may assert …” On Mondayy night, a in Brentwood.
Tuesday 17 July 2012
Chesapeake Lodging Trust Completes Public Offering of 7.75% Series A ... - MarketWatch (press release)
takes-trendsthe.blogspot.com
Chesapeake Lodging Trust Completes Public Offering of 7.75% Series A ... MarketWatch (press release) Chesapeake Lodging Trust is a self-advised lodging real estate investment trust (REIT) focused on investments primarily in upper-upscale hotels in major business and convention markets and, on a selective basis, premium select-service hotels in urban ... CHESAPEAKE LODGING TRUST : Completes Public Offering of 7.75% Series A ... |
Monday 16 July 2012
First American affiliate buys Attleboro site - Phoenix Business Journal:
iqukikofor.wordpress.com
million. First American, on behalf of an bought a 5,650-square-foot building called Building 5 anda three-story manufacturing facility called Building 12. The Attleboroi Corporate Campus was previously owned and occupied by and isa 300-acr mixed-use office and industrial campus located just off Interstat 95 in Attleboro. Building 12 is leasedr to as it’s global manufacturing headquarters. Buildint 5 is leased to The BOCGroup Inc., a worldwide distributor of industrial gases and its The Linde Group. Preferred Unlimited Inc. is a 15-year-old commerciakl real estate firm which started as Preferred Real EstateInvestments Inc. The company is headquartered in Pa.
First American Realty Inc. is a privatelyu held investment and management firm basedin Worcester, which acquires industrial and medical officwe properties.
million. First American, on behalf of an bought a 5,650-square-foot building called Building 5 anda three-story manufacturing facility called Building 12. The Attleboroi Corporate Campus was previously owned and occupied by and isa 300-acr mixed-use office and industrial campus located just off Interstat 95 in Attleboro. Building 12 is leasedr to as it’s global manufacturing headquarters. Buildint 5 is leased to The BOCGroup Inc., a worldwide distributor of industrial gases and its The Linde Group. Preferred Unlimited Inc. is a 15-year-old commerciakl real estate firm which started as Preferred Real EstateInvestments Inc. The company is headquartered in Pa.
First American Realty Inc. is a privatelyu held investment and management firm basedin Worcester, which acquires industrial and medical officwe properties.
Saturday 14 July 2012
Freelon Group, partner HOK to design Civil Rights Museum in Atlanta - Triangle Business Journal:
ramoledef.blogspot.com
The $125 million museum is expected to beabouty 100,000 square feet. Freelon’s desig features a terracotta-clad building surroundingf an exterior courtyard, which will served as an amphitheater andexhibit space. The winning design is inspiredsby “the simple yet powerful image of interlocking arms that signifies the linkages that empower individuala and groups of seemingly divergent interesta to find common ground,” Philip Freelon, presidengt of The Freelon Group, in a news The Freelon Group and HOK will work with Centeer leadership, exhibit designer and project manager / to finalize the facility’s design prior to breaking grouncd this winter.
Freelon designed the Reginald F. Lewise Museum of Maryland African-American History and Culture, the Museum of the Africaj Diaspora in San Francisco and theHarveuy B. Gantt Center for African Americahn Arts and Culturein Charlotte. of New York and partner StanletBeaman & Sears of Atlanta. • Huff + Goodeh Architects LLC of New York and partnefr Hammel Green and Abrahamsonof Minneapolis, Minn. Moody•Nolan of Columbus, Ohio, and partners Antoine Predock Architecyt PCof Albuquerque, and Goode Van Slyke of Atlanta. • Polshek Partnership Architects of New York and Atlant partners Cooper Carry andStanley Love-Stanley PC.
The $125 million museum is expected to beabouty 100,000 square feet. Freelon’s desig features a terracotta-clad building surroundingf an exterior courtyard, which will served as an amphitheater andexhibit space. The winning design is inspiredsby “the simple yet powerful image of interlocking arms that signifies the linkages that empower individuala and groups of seemingly divergent interesta to find common ground,” Philip Freelon, presidengt of The Freelon Group, in a news The Freelon Group and HOK will work with Centeer leadership, exhibit designer and project manager / to finalize the facility’s design prior to breaking grouncd this winter.
Freelon designed the Reginald F. Lewise Museum of Maryland African-American History and Culture, the Museum of the Africaj Diaspora in San Francisco and theHarveuy B. Gantt Center for African Americahn Arts and Culturein Charlotte. of New York and partner StanletBeaman & Sears of Atlanta. • Huff + Goodeh Architects LLC of New York and partnefr Hammel Green and Abrahamsonof Minneapolis, Minn. Moody•Nolan of Columbus, Ohio, and partners Antoine Predock Architecyt PCof Albuquerque, and Goode Van Slyke of Atlanta. • Polshek Partnership Architects of New York and Atlant partners Cooper Carry andStanley Love-Stanley PC.
Friday 13 July 2012
Cincinnati Metro bracing for funding cuts; may reduce service - Pittsburgh Business Times:
eragywaqer.wordpress.com
About $44.1 million – or about half of the bus service’ $94.6 million operating budget comes from the cityof Cincinnati’s earningse tax, according to a Metro news releasee issued Tuesday. Based on the city’as projected earnings tax shortfall, Metro anticipates a reductiohn ofbetween $2 million and $3 millio n in that funding by 2010. And most Metro rides are related to employment orpersonal business. With unemployment hovering around 10 percent and budgets the agency said ridershipis down. So Metro also expectas fare revenue to befrom $3 million to $5 millio n lower than budgeted.
In addition, Hamilton County has notifiec Metro thatit can’t provide 2009 generalp fund dollars for Access serviced for people with disabilities that goes beyonr what the Americans with Disabilities Act The county has provided fundingv for the additional servicw for the past decade. That represents $233,000 in funding. The stat e of Ohio also has reduce the 2009 amount Metro receives for elderlgy and disabled fare subsidyby $137,000, the agenc y said. “For many years Metro has struggled to provide more service than it can Metro CEO Marilyn Shazor said in thenews “We’ve cut costs behind the scenes, increased faresd and improved service efficiency.
We’ve dippedd into our reserves and deferred critical capital projects like bus These steps boughtus time, but we can’ft overcome the additional losses in We must reassess the leveol of service that we can reasonably providew within the new budget Metro will spend the summer analyzingg options and talking with customers, employees and otherse to help the agency make decisions for the rest of 2009 and for the 2010 the news release said. “The financial model is broken,” Shazor said in the “We must right-size Metro and providde the very best services we can within the resourceswe have.
” Metrol also is struggling with inadequate capitalk dollars to replace buses beyond their useful 12-yeae life. Even with stimulus dollars awarded this year forcapital projects, the agency will not have enough money in 2010 to replace 69 buses that are beyond their useful life, the release said. Transirt systems in Dayton, Cleveland, St. Louis, San Francisco, Portland, Boston, Louisville, Phoenix, Minneapolis, New Chicago and other major markets also have eithert implemented or are considering service fare increases or both to address budget deficits sinc elast fall, Metro said in the release.
Metro, operated by the , provides bus servic e throughoutHamilton County, and portions of Butler, Clermony and Warren counties.
About $44.1 million – or about half of the bus service’ $94.6 million operating budget comes from the cityof Cincinnati’s earningse tax, according to a Metro news releasee issued Tuesday. Based on the city’as projected earnings tax shortfall, Metro anticipates a reductiohn ofbetween $2 million and $3 millio n in that funding by 2010. And most Metro rides are related to employment orpersonal business. With unemployment hovering around 10 percent and budgets the agency said ridershipis down. So Metro also expectas fare revenue to befrom $3 million to $5 millio n lower than budgeted.
In addition, Hamilton County has notifiec Metro thatit can’t provide 2009 generalp fund dollars for Access serviced for people with disabilities that goes beyonr what the Americans with Disabilities Act The county has provided fundingv for the additional servicw for the past decade. That represents $233,000 in funding. The stat e of Ohio also has reduce the 2009 amount Metro receives for elderlgy and disabled fare subsidyby $137,000, the agenc y said. “For many years Metro has struggled to provide more service than it can Metro CEO Marilyn Shazor said in thenews “We’ve cut costs behind the scenes, increased faresd and improved service efficiency.
We’ve dippedd into our reserves and deferred critical capital projects like bus These steps boughtus time, but we can’ft overcome the additional losses in We must reassess the leveol of service that we can reasonably providew within the new budget Metro will spend the summer analyzingg options and talking with customers, employees and otherse to help the agency make decisions for the rest of 2009 and for the 2010 the news release said. “The financial model is broken,” Shazor said in the “We must right-size Metro and providde the very best services we can within the resourceswe have.
” Metrol also is struggling with inadequate capitalk dollars to replace buses beyond their useful 12-yeae life. Even with stimulus dollars awarded this year forcapital projects, the agency will not have enough money in 2010 to replace 69 buses that are beyond their useful life, the release said. Transirt systems in Dayton, Cleveland, St. Louis, San Francisco, Portland, Boston, Louisville, Phoenix, Minneapolis, New Chicago and other major markets also have eithert implemented or are considering service fare increases or both to address budget deficits sinc elast fall, Metro said in the release.
Metro, operated by the , provides bus servic e throughoutHamilton County, and portions of Butler, Clermony and Warren counties.
Wednesday 11 July 2012
Retailers hope 2008 holidays don
cicugaha.wordpress.com
A week before the ’ presentz a program in San Ramon titled: “Bravre New World? The Fall of Consumer Confidence and EasyCredit – What’s Left in its retail professionals throughout the region offerr diverse views on the state of the industry. Christinwe Firstenberg, managing director of Oakland’s Metrovation Brokerage, will moderatd a panel discussion on retail expansion and contractiobin today’s market at the Oct. 10 event taking place at the SanRamon Marriott.
She said contraction trumps expansionthese days, but that economic travailsx have hit some retail segments much harder than “Some are still expanding, such as food who are far more resistant to recessionary and discounters,” Firstenberg said. “Target, and are definitelt not being hitas hard, but mall specialty tenants, for example, have been hit extraordinarily hard.” And when retailerx do open new they are being extraordinarilyt picky. “They are dissectinbg every little detail on thesdeexpansion deals, including fees charger by cities and the amountr of rent being paid.
If their doorss are not placed in the positiobnthey want, it can kill a deal,” she And there are plenty of retail projects beinh delayed because of the credit crunch, Firstenbergt said. “They are not able to get financing, especially the mid-sizec retail tenants and developers,” she said. “Thde amount of projects stalled now ispretty serious.” Vacancies in existing retail centers is also growing, Firstenberg and empty storefronts could be even more prevalentg by early 2009. “Some tenantsw are hanging on to see how the holidag seasonturns out, and they are watchint things very closely,” she said.
“There isn’t a broker or developert out there who has ever seen anything likethis Yeah, you could say we all are a littlde nervous.” Though some industry observers say it’zs an optimistic prediction, the National Retail Federation of Washington, D.C., has forecasty a 2.2 percent growth in saleas during the 2008 holiday shopping seasobn compared to last year, the lowest rate of growthg in six years. , a Ohio, retail management and market research firm, predicts a meageer 1.5 percent growth in sales, whichj would be the lowest ratesince 1991.
Things seem a bit brighter insid e the confines of sprawling in traditionally one of theBay Area’e busiest retail centers. Vacancies are few as it heads into the holiday shopping season and 19 new stores have openedf so far during 2007and 2008, though 14 of thosd occurred last year, according to Kim Trupiano, the mall’x marketing sponsorship director. She said amonh the few empty spaces are those left by the closurre ofthe Houlihan’s restaurant and a and the former may soon be replaced by anothe r eatery.
New stores added this fall includGodiva Chocolatier, Andersen Bakery and Crazyt 8, a lower-cost entry into the children’s apparell market by The of San Francisco, known for its moderatelyh expensive Gymboree kids’ clothingy chain. “We have the highest hopes for a goodholidat season,” Trupiano said, noting the mall as usual, add new twists to its elaborate centee court holiday decor display this year, adding a train reminiscenty of the 2004 movie, “The Polar Express.
” Trupiano said Sunvalle also plans to try to lure non-traditional “Black Friday” shoppers the frenetic shopping phenomenoj the day after Thanksgivingf – with a couple of dozen $250 mall gift cards beinfg given away at hourly drawings between 6 a.m. and “Our (foot) traffic numbers continue to be Trupiano said. “We have even felt that higher gas prices, for have helped us because more of our locapl shoppers are staying closer to On the other side of theEast Bay, economivc development officials in Union City expect that if the city’s salews tax revenue flags this year or next, it will most likely come in business-to-business retail sales instead of general “In our most recent sales tax report, we actuall had a modest overallo gain during the second quarter, compared to the same quarte last year,” said Mark Leonard, the city’s economifc and community development director, adding that Unionm City recorded 2007-2008 sales tax revenue of more than $6.
2 “We seem to be holdiny our own, despite the economic Leonard said the retail area that has slumpeds a bit this year has been home including the loss of a Linens ’n Thingsx store at the Union Landing shopping one of 120 stores shut down by the N.J., chain earlier this year.
A week before the ’ presentz a program in San Ramon titled: “Bravre New World? The Fall of Consumer Confidence and EasyCredit – What’s Left in its retail professionals throughout the region offerr diverse views on the state of the industry. Christinwe Firstenberg, managing director of Oakland’s Metrovation Brokerage, will moderatd a panel discussion on retail expansion and contractiobin today’s market at the Oct. 10 event taking place at the SanRamon Marriott.
She said contraction trumps expansionthese days, but that economic travailsx have hit some retail segments much harder than “Some are still expanding, such as food who are far more resistant to recessionary and discounters,” Firstenberg said. “Target, and are definitelt not being hitas hard, but mall specialty tenants, for example, have been hit extraordinarily hard.” And when retailerx do open new they are being extraordinarilyt picky. “They are dissectinbg every little detail on thesdeexpansion deals, including fees charger by cities and the amountr of rent being paid.
If their doorss are not placed in the positiobnthey want, it can kill a deal,” she And there are plenty of retail projects beinh delayed because of the credit crunch, Firstenbergt said. “They are not able to get financing, especially the mid-sizec retail tenants and developers,” she said. “Thde amount of projects stalled now ispretty serious.” Vacancies in existing retail centers is also growing, Firstenberg and empty storefronts could be even more prevalentg by early 2009. “Some tenantsw are hanging on to see how the holidag seasonturns out, and they are watchint things very closely,” she said.
“There isn’t a broker or developert out there who has ever seen anything likethis Yeah, you could say we all are a littlde nervous.” Though some industry observers say it’zs an optimistic prediction, the National Retail Federation of Washington, D.C., has forecasty a 2.2 percent growth in saleas during the 2008 holiday shopping seasobn compared to last year, the lowest rate of growthg in six years. , a Ohio, retail management and market research firm, predicts a meageer 1.5 percent growth in sales, whichj would be the lowest ratesince 1991.
Things seem a bit brighter insid e the confines of sprawling in traditionally one of theBay Area’e busiest retail centers. Vacancies are few as it heads into the holiday shopping season and 19 new stores have openedf so far during 2007and 2008, though 14 of thosd occurred last year, according to Kim Trupiano, the mall’x marketing sponsorship director. She said amonh the few empty spaces are those left by the closurre ofthe Houlihan’s restaurant and a and the former may soon be replaced by anothe r eatery.
New stores added this fall includGodiva Chocolatier, Andersen Bakery and Crazyt 8, a lower-cost entry into the children’s apparell market by The of San Francisco, known for its moderatelyh expensive Gymboree kids’ clothingy chain. “We have the highest hopes for a goodholidat season,” Trupiano said, noting the mall as usual, add new twists to its elaborate centee court holiday decor display this year, adding a train reminiscenty of the 2004 movie, “The Polar Express.
” Trupiano said Sunvalle also plans to try to lure non-traditional “Black Friday” shoppers the frenetic shopping phenomenoj the day after Thanksgivingf – with a couple of dozen $250 mall gift cards beinfg given away at hourly drawings between 6 a.m. and “Our (foot) traffic numbers continue to be Trupiano said. “We have even felt that higher gas prices, for have helped us because more of our locapl shoppers are staying closer to On the other side of theEast Bay, economivc development officials in Union City expect that if the city’s salews tax revenue flags this year or next, it will most likely come in business-to-business retail sales instead of general “In our most recent sales tax report, we actuall had a modest overallo gain during the second quarter, compared to the same quarte last year,” said Mark Leonard, the city’s economifc and community development director, adding that Unionm City recorded 2007-2008 sales tax revenue of more than $6.
2 “We seem to be holdiny our own, despite the economic Leonard said the retail area that has slumpeds a bit this year has been home including the loss of a Linens ’n Thingsx store at the Union Landing shopping one of 120 stores shut down by the N.J., chain earlier this year.
Tuesday 10 July 2012
Britney Walks Off X Factor Set After Drag Performance - People Magazine
hegenefipa.blogspot.com
San Francisco Chronicle (blog) | Britney Walks Off X Factor Set After Drag Performance People Magazine "I re » |
Monday 9 July 2012
Survey: Firms weathering recession - Charlotte Business Journal:
batyushkinuxit.blogspot.com
The survey found that nearly seven in 10workers (69 say their companies are taking appropriatse steps to weather current economic conditions. More than half (55 feel their employers will emerge from the recession strongetrthan before. Still, therse is room for improvement: Some 30 percenrt of the respondents say their companies aredoing little, if anything, right. “Lettingf employees know how the companyg plans to persevere and grow also builds saysMax Messmer, chief executive of Robert Half “Professionals who feel positive about their firm’s prospecte are more apt to stay on board for the long The survey is based on telephone interviewss with 457 workers employed in an officd environment.
California-based Robert Half markets staffingand risk-consulting services.
The survey found that nearly seven in 10workers (69 say their companies are taking appropriatse steps to weather current economic conditions. More than half (55 feel their employers will emerge from the recession strongetrthan before. Still, therse is room for improvement: Some 30 percenrt of the respondents say their companies aredoing little, if anything, right. “Lettingf employees know how the companyg plans to persevere and grow also builds saysMax Messmer, chief executive of Robert Half “Professionals who feel positive about their firm’s prospecte are more apt to stay on board for the long The survey is based on telephone interviewss with 457 workers employed in an officd environment.
California-based Robert Half markets staffingand risk-consulting services.
Saturday 7 July 2012
Minister: Privatizations are Greece's top priority - USA TODAY
xeconatyxex.blogspot.com
USA TODAY | Minister: Privatizations are Greece's top priority USA TODAY Greece will try to get the economy out of its recession by encouraging private investment and making privatizations its "highest priority." Greece says will carry out reforms, privatizations Gr eece Plans On Privatizing Massive State Businesses To Get Out Of Its ... |
Friday 6 July 2012
Entrepreneurial spirit geared toward healthy energy drink - Phoenix Business Journal:
kapitonragomo.blogspot.com
The Coronado High School graduate took his first job at when hewas 14. After high school, he gained sales and marketing experience by working threes years forAmway Corp., but he knew that was not his “I wasn’t any good at it,” he says. “I was makin g like $800 a month and was a weddiny photographer at thesame time. I learned some but I wanted It is easy to see he founc more with his entrepreneurialwellness ventures. His passion for his job and the differencse he makesin people’s lives is evident. Peopled who are 50 years old have a desire to look andfeel younger, Boreykpo says.
“It feels good to be able to provide them with productds that fulfillthose wants.” Vemma offers liquid antioxidantg products purported to help increase restore energy and improve overall health. As for takinyg care of himself, Boreyko acknowledges his desire to exercise oftemn is overshadowed by his familyand career. “j live right in front of Pinnacle so I like to climb it at leasy three times aweek — more if I he says. “But it’s tough when you have a family to find time to exercised as much asyou should.
” That’s why supplementas are so important, he “The busier you are, the more you have to focusx on what you put into your body,” he “The problem for most peoplwe is health doesn’t become important until it has to, and I want to prevenrt that.” Boreyko is trying to make it easief for people to make health a priority with his latest product, Verve, which he dreamed up while he was in the The drink combines energu components with premium vitamins and minerals. Dr. Yibing Wang, Vemma’s product developer, took Boreyko’e suggestions to create the drink, which has explodedf on the market.
The company alread y has deals withthe , and to have Verve as the official energy drink. Such endorsements provide greag exposure forthe company. When not busy growing his businesxsand exercising, most of Boreyko’sa time is consumed by his wife and three a 21-month-old and 8-month-old twins. Profile: BK Boreyko. President and CEO. Company: Vemmaa Nutrition Inc. E-mail: askbk@vemma.com. Age: 46.
The Coronado High School graduate took his first job at when hewas 14. After high school, he gained sales and marketing experience by working threes years forAmway Corp., but he knew that was not his “I wasn’t any good at it,” he says. “I was makin g like $800 a month and was a weddiny photographer at thesame time. I learned some but I wanted It is easy to see he founc more with his entrepreneurialwellness ventures. His passion for his job and the differencse he makesin people’s lives is evident. Peopled who are 50 years old have a desire to look andfeel younger, Boreykpo says.
“It feels good to be able to provide them with productds that fulfillthose wants.” Vemma offers liquid antioxidantg products purported to help increase restore energy and improve overall health. As for takinyg care of himself, Boreyko acknowledges his desire to exercise oftemn is overshadowed by his familyand career. “j live right in front of Pinnacle so I like to climb it at leasy three times aweek — more if I he says. “But it’s tough when you have a family to find time to exercised as much asyou should.
” That’s why supplementas are so important, he “The busier you are, the more you have to focusx on what you put into your body,” he “The problem for most peoplwe is health doesn’t become important until it has to, and I want to prevenrt that.” Boreyko is trying to make it easief for people to make health a priority with his latest product, Verve, which he dreamed up while he was in the The drink combines energu components with premium vitamins and minerals. Dr. Yibing Wang, Vemma’s product developer, took Boreyko’e suggestions to create the drink, which has explodedf on the market.
The company alread y has deals withthe , and to have Verve as the official energy drink. Such endorsements provide greag exposure forthe company. When not busy growing his businesxsand exercising, most of Boreyko’sa time is consumed by his wife and three a 21-month-old and 8-month-old twins. Profile: BK Boreyko. President and CEO. Company: Vemmaa Nutrition Inc. E-mail: askbk@vemma.com. Age: 46.
Wednesday 4 July 2012
Socialists in France Announce New Taxes - New York Times
tenamup.wordpress.com
Telegraph.co.uk | Socialists in France Announce New Taxes New York Times France's new Socialist government announced billions of euros in new taxes and tax increases, designed to bring the country's deficit down in a period of nearly stagnant growth. France Set to Raise Taxes on Firms, Rich |
Tuesday 3 July 2012
Retail Brokers Inc. principals face lawsuits related to investments - Kansas City Business Journal:
yzirapogyg.wordpress.com
million in loans from an Oklahomaz bank tothe pair’s real estate partnerships. The two men also are defendantd in three investor lawsuits claiminbg they mismanaged investments in theirf retail realestate endeavors. The developers are trying to settled theinvestor complaints, according to several attorneys familiar with the cases. In the pair settled a similar investor suit out of Barnessand Papakyriakou, principals of Scottsdale-based , own shoppint centers in Phoenix, Tempe, Gilbertf and Glendale. They operate each cente r under a separate business The pair also are involved in a numbeeof Phoenix-area charitable organizations.
Barness, for example, is activde with local Jewish community causews and helped raise monet forArizona Sen. John McCain’a 2008 presidential bid. Papakyriakou also goes by the nameAlex Papas. The filex its suits in late January in Maricopa CounttSuperior Court, claiming the developersz failed to pay back threwe loans totaling $9.5 million, according to court Mike Manning, Phoenix managing partnefr of , the law firm representinv the bank, declined to comment on the pending matters. “We cannot comment on the Manning said. RBI and charitable foundation did not respond to requests for No official response to the lawsuity was filed by the defendants bypress time.
The investor lawsuits were filed in Maricopq County Superior Court against Barnessand Papakyriakou’sd real estate businesses. Those three investor claimxs may be consolidated under Maricopa Superiofr Court Judge John Buttrick andsettled together, accordingb to legal sources who woulc not go on the Barness and Papakyriakou’s attorney, Jeffrey said he expects the investor lawsuits to be resolvex soon. He said the resolutions wouldr be viamutual agreement, but declinexd to say whether they woulde involve out-of-court settlements. Leonard also would not commenf about the resolution or settlementt of the 2008investor lawsuit. Barness and Papakyriakou did not commenr forthis story.
Other lawyers familiar with the investor suits said a settlement isbeingy negotiated. Robert Mitchell, the investor/plaintiff’s attorneyh in the 2008 claim againsr Barnessand Papakyriakou, said he coul not comment. “All I can tell you is that the case was he said. The 2008 case claimed Barnesa and Papakyriakou deceived investorswith self-dealsw and misrepresented sales and financial One of the 2009 in-vestor suits was fileed by Phoenix cardiologist Na-than Laufer and four othefr investors who say Barnese and Papakyriakou raised as much as $400 million in equity investments and loans for their real estate and shoppingg center businesses.
They claim the defendant “wrongfully diverted nearly $50 million to according to court documents. The Laufee suit also contends Barness and Papakyriakou improperl used investment money in some deals between business entitiethey owned, and that the sales benefited the defendantsd but not the investors. The suit claims breach of contract and failur to meetfiduciary responsibilities. Plaintiffs in the Laufer case say theyinvested $1.3 millionh in Barness-Papakyriakou real estate endeavors. Attorneysa representing the plaintiffs in the Lauferf case wouldnot comment. A seconf investor suit, filed by the Eugene and Lenore SchupamkFamily Trust, claims the trust investedf $10.
4 million in Barness- and Papakyriakou-owned shopping centerd in Arizona and real estatde partnerships. The same suit contends anotherfamily entity, Schupak Partnerw I, invested $953,000 in Castle Yuma Dev an investment entity created by the defendants.
million in loans from an Oklahomaz bank tothe pair’s real estate partnerships. The two men also are defendantd in three investor lawsuits claiminbg they mismanaged investments in theirf retail realestate endeavors. The developers are trying to settled theinvestor complaints, according to several attorneys familiar with the cases. In the pair settled a similar investor suit out of Barnessand Papakyriakou, principals of Scottsdale-based , own shoppint centers in Phoenix, Tempe, Gilbertf and Glendale. They operate each cente r under a separate business The pair also are involved in a numbeeof Phoenix-area charitable organizations.
Barness, for example, is activde with local Jewish community causews and helped raise monet forArizona Sen. John McCain’a 2008 presidential bid. Papakyriakou also goes by the nameAlex Papas. The filex its suits in late January in Maricopa CounttSuperior Court, claiming the developersz failed to pay back threwe loans totaling $9.5 million, according to court Mike Manning, Phoenix managing partnefr of , the law firm representinv the bank, declined to comment on the pending matters. “We cannot comment on the Manning said. RBI and charitable foundation did not respond to requests for No official response to the lawsuity was filed by the defendants bypress time.
The investor lawsuits were filed in Maricopq County Superior Court against Barnessand Papakyriakou’sd real estate businesses. Those three investor claimxs may be consolidated under Maricopa Superiofr Court Judge John Buttrick andsettled together, accordingb to legal sources who woulc not go on the Barness and Papakyriakou’s attorney, Jeffrey said he expects the investor lawsuits to be resolvex soon. He said the resolutions wouldr be viamutual agreement, but declinexd to say whether they woulde involve out-of-court settlements. Leonard also would not commenf about the resolution or settlementt of the 2008investor lawsuit. Barness and Papakyriakou did not commenr forthis story.
Other lawyers familiar with the investor suits said a settlement isbeingy negotiated. Robert Mitchell, the investor/plaintiff’s attorneyh in the 2008 claim againsr Barnessand Papakyriakou, said he coul not comment. “All I can tell you is that the case was he said. The 2008 case claimed Barnesa and Papakyriakou deceived investorswith self-dealsw and misrepresented sales and financial One of the 2009 in-vestor suits was fileed by Phoenix cardiologist Na-than Laufer and four othefr investors who say Barnese and Papakyriakou raised as much as $400 million in equity investments and loans for their real estate and shoppingg center businesses.
They claim the defendant “wrongfully diverted nearly $50 million to according to court documents. The Laufee suit also contends Barness and Papakyriakou improperl used investment money in some deals between business entitiethey owned, and that the sales benefited the defendantsd but not the investors. The suit claims breach of contract and failur to meetfiduciary responsibilities. Plaintiffs in the Laufer case say theyinvested $1.3 millionh in Barness-Papakyriakou real estate endeavors. Attorneysa representing the plaintiffs in the Lauferf case wouldnot comment. A seconf investor suit, filed by the Eugene and Lenore SchupamkFamily Trust, claims the trust investedf $10.
4 million in Barness- and Papakyriakou-owned shopping centerd in Arizona and real estatde partnerships. The same suit contends anotherfamily entity, Schupak Partnerw I, invested $953,000 in Castle Yuma Dev an investment entity created by the defendants.
Monday 2 July 2012
Memorial concert held for slain Denver officer - San Francisco Chronicle
zlatkopaisley1275.blogspot.com
San Francisco Chronicle | Memorial concert held for slain Denver officer San Francisco Chronicle DENVER (AP) â€" More than 100 police officers and sheriff's deputies attended a memorial concert for a Denver police officer who was fat » |
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