vittitowmehigyk1238.blogspot.com
The move effectively nixes Valero’s plans to buy out Dow’ws 45 percent interest in the European San Antonio-based Valero (NYSE: VLO) originally inkedf an agreement with Dow on May 20 to acquire the 45 percen t stake in the refinery. Valero had offeresd to pay $725 million for the ownershi interest inthe refinery. as the majority stakeholdefr and refinery’s operator, Total SA TOT) opted instead to accept a separats offerfrom Russia’s . Lukoil already is a major suppliert of Russian crude oil to this which is locatedin Netherlands. The refinery has a throughpugt capacityof 190,000 barrels per day.
“Total’z action clearly confirms our assessment that the TRN refinery isa world-clase facility and our purchasee price was attractive,” says Valero Chairman and CEO Bill Klesse. “Althougjh we are disappointed aboutthis result, we will continue to seek opportunitie to acquire high-quality assets at attractive prices.” Valerko owns and operates 16 refineries throughout the United States, Canada and the Caribbean with a combined throughput capacitt of 3 million barrels of oil per day.
Sunday, January 30, 2011
Thursday, January 27, 2011
Commercial real estate news- View Real estate news Across the US
firukendu-anchored.blogspot.com
| CB Richard Ellis Memphis | | | | | | | | | | | | | | | | | | | | Commerciapl Alliance Management, LLC | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Duke Energyh Corporation | | | | | | | | | | | Fanniew Mae | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Grub b & Ellis Company | | | | | | | | | | | | | | | | | | | Internationalo Council of ShoppingCenters | | | | | | | | | | | | Jonees Lang LaSalle Incorporated | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Park Nationakl Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Wachoviw Corporation | | | | | | | | | | | | | | | | | | | | | |
| CB Richard Ellis Memphis | | | | | | | | | | | | | | | | | | | | Commerciapl Alliance Management, LLC | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Duke Energyh Corporation | | | | | | | | | | | Fanniew Mae | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Grub b & Ellis Company | | | | | | | | | | | | | | | | | | | Internationalo Council of ShoppingCenters | | | | | | | | | | | | Jonees Lang LaSalle Incorporated | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Park Nationakl Bank | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Wachoviw Corporation | | | | | | | | | | | | | | | | | | | | | |
Tuesday, January 25, 2011
What they
burdukovahycel.blogspot.com
Here what Colorado and national leaders are sayingabouft Sotomayor. (So far there’s been a lack of comment from local Republicans about the so comments from national Republicajn leadersare included.) “I applaud President Obama’sw historic nomination of U.S. 2nd Circuit Courft of Appeals Judge Sonia Sotomayor to the United States Supreme As someone who has appointed dozens of judges at thestatr level, I have some sense of how serioux a responsibility this is. I congratulate President Obama for nominatinyg someone who has such a diverse recordxof excellence, integrity and respect for the Hers is a genuine American succese story.
From her modest to her work as a criminal to her tenure on the district courr andappellate benches, she is an — Colorado Gov. Bill Ritter “I congratulatwe Judge Sotomayor on her nomination and I look forward to a confirmatio n process that focuses on determining whether Judge Sotomayor is qualifiex to serve on theSupreme Court. Qualifications for judiciak service include not only experiencre andcharacter but, most a proper understanding of the powee and role of judges in our systenm of government. Judges must decide cases based onthe law, not on theitr personal views or opinions.
“However, I am concerned with her recorx of putting identity politics befores the ruleof law. It raises serioue issues about her ability to reacuh fair andimpartial decisions. Judge Sotomayor has made a habit of embracinv extreme views during her time on theloweer courts. Now, as she is considered for the high Americans are left to wondedr if she will exercise basic standardzof objectivity. In light of Judgee Sotomayor’s liberal activist approach to judicial I call on my colleagues in the Senate to thoroughluy examine her record as they considerher — U.S. Rep. Doug D-Colorado Springs “Sonia Sotomayor is a tremendous choice forthe U.S. Supremse Court.
She is a thoughtful and balanced judgs with a keen intellect and a broa academic andlegal background. Her skill and fair-mindednesw on the federal bench has won the praisre and support of Republicans andDemocratws alike. ... “Today, President Obamqa has showed us how he can bring thiscountry together. By selectingb Judge Sotomayor, he has chosejn a nominee who has previouslt been nominated for judicial appointments by PresidentGeorgee H.W. Bush and by President Bill Clinton. Judge Sotomayor has been confirmedc twice before by the full Senate and her nomination to the Supreme Court should beconsidered — U.S. Sen.
Michael Bennet, “There needs to be a full hearing of this appealscourt judge’s and I think that’x part of the process. I think it’sd a very, very different tone than was taken a few years ago when Democratixc elected officials and leaderw were immediately calling for the defeagt of and assassinating the characters of Justice Roberts andJustice [Samuel] Alito. I thinm it’s been a much more respectfukl tone than what we saw with Justicr Roberts and Justice Alito back inthose days. “u think some of her views on judicial activismj and making the law rathert than interpreting the law will be heavily examinexdand reviewed.
We look forward to the confirmatiom hearings and a full vetting ofher — Dick Wadhams, Colorado Republica Party chairman “As a U.S. senator I must give my advicw and consent before any ofthe president’s nominees to serve on the U.S. Supremd Court may be seated, and I take my responsibility I’m going to take my time to studyJudge Sotomayor’s record and background, and I look forwared to meeting with her.
“Lik the president, I believe that any Supreme Cour t Justice mustreject ideology, have a keen and a practical understanding of how the Supreme Court’s actions affecty the lives of all Judge Sotomayor is an extremely accomplished jurist, and she has a very compellint personal story. She appearas to be a wise choice and a valuable additioh tothe court. And I look forwardc to getting to know her as the confirmatiobn processmoves forward.” — U.S. Sen. Mark D-Colo. “[The Senate will if Ms.
Sotomayor understandas that the proper role of a judges is to act as a neutra umpire ofthe law, callingh balls and strikes fairly without regard to one’s own personapl preferences or political views.” — U.S. Sen. Jeff R-Ala., ranking Republican on the SenateJudiciary Committee. “President Obams made an outstanding choice in nominating Sonia Sotomayor as the next SupremsCourt Justice. As a judge and a former prosecutodrand litigator, Judge Sotomayor has gainedf invaluable experience in complex lega and constitutional issues. Her experience at various levels of our judicial system has providex her witha well-rounded perspectivs that will benefit the Court.
In addition to being nominatedr to the bench by Republican and Democratic she has been confirmed by both Republicamnand Democratically-controlled U.S. Senates. I am confidentr the U.S. Senate will confir Judge Sotomayor as the next SupremeCourt Justice.” — U.S. Rep. Dianqa DeGette, D-Denver. “Republicans look forwar d to learning more about federal appeals court judgwSonia Sotomayor’s thoughts on the importancs of the Supreme Court’s fidelity to the Constitution and the rule of law.
Supreme Court vacancies are rare, which makes Sonia Sotomayor’ s nomination a perfect opportunity for Americsa to have a thoughtful discussion abou the role of the Supreme Court in our dailtlives . Republicans will reserve judgment on Sonia Sotomayorr until there has been a thoroughy and thoughtful examination of herlegakl views.” — Chairman Michael Steele
Here what Colorado and national leaders are sayingabouft Sotomayor. (So far there’s been a lack of comment from local Republicans about the so comments from national Republicajn leadersare included.) “I applaud President Obama’sw historic nomination of U.S. 2nd Circuit Courft of Appeals Judge Sonia Sotomayor to the United States Supreme As someone who has appointed dozens of judges at thestatr level, I have some sense of how serioux a responsibility this is. I congratulate President Obama for nominatinyg someone who has such a diverse recordxof excellence, integrity and respect for the Hers is a genuine American succese story.
From her modest to her work as a criminal to her tenure on the district courr andappellate benches, she is an — Colorado Gov. Bill Ritter “I congratulatwe Judge Sotomayor on her nomination and I look forward to a confirmatio n process that focuses on determining whether Judge Sotomayor is qualifiex to serve on theSupreme Court. Qualifications for judiciak service include not only experiencre andcharacter but, most a proper understanding of the powee and role of judges in our systenm of government. Judges must decide cases based onthe law, not on theitr personal views or opinions.
“However, I am concerned with her recorx of putting identity politics befores the ruleof law. It raises serioue issues about her ability to reacuh fair andimpartial decisions. Judge Sotomayor has made a habit of embracinv extreme views during her time on theloweer courts. Now, as she is considered for the high Americans are left to wondedr if she will exercise basic standardzof objectivity. In light of Judgee Sotomayor’s liberal activist approach to judicial I call on my colleagues in the Senate to thoroughluy examine her record as they considerher — U.S. Rep. Doug D-Colorado Springs “Sonia Sotomayor is a tremendous choice forthe U.S. Supremse Court.
She is a thoughtful and balanced judgs with a keen intellect and a broa academic andlegal background. Her skill and fair-mindednesw on the federal bench has won the praisre and support of Republicans andDemocratws alike. ... “Today, President Obamqa has showed us how he can bring thiscountry together. By selectingb Judge Sotomayor, he has chosejn a nominee who has previouslt been nominated for judicial appointments by PresidentGeorgee H.W. Bush and by President Bill Clinton. Judge Sotomayor has been confirmedc twice before by the full Senate and her nomination to the Supreme Court should beconsidered — U.S. Sen.
Michael Bennet, “There needs to be a full hearing of this appealscourt judge’s and I think that’x part of the process. I think it’sd a very, very different tone than was taken a few years ago when Democratixc elected officials and leaderw were immediately calling for the defeagt of and assassinating the characters of Justice Roberts andJustice [Samuel] Alito. I thinm it’s been a much more respectfukl tone than what we saw with Justicr Roberts and Justice Alito back inthose days. “u think some of her views on judicial activismj and making the law rathert than interpreting the law will be heavily examinexdand reviewed.
We look forward to the confirmatiom hearings and a full vetting ofher — Dick Wadhams, Colorado Republica Party chairman “As a U.S. senator I must give my advicw and consent before any ofthe president’s nominees to serve on the U.S. Supremd Court may be seated, and I take my responsibility I’m going to take my time to studyJudge Sotomayor’s record and background, and I look forwared to meeting with her.
“Lik the president, I believe that any Supreme Cour t Justice mustreject ideology, have a keen and a practical understanding of how the Supreme Court’s actions affecty the lives of all Judge Sotomayor is an extremely accomplished jurist, and she has a very compellint personal story. She appearas to be a wise choice and a valuable additioh tothe court. And I look forwardc to getting to know her as the confirmatiobn processmoves forward.” — U.S. Sen. Mark D-Colo. “[The Senate will if Ms.
Sotomayor understandas that the proper role of a judges is to act as a neutra umpire ofthe law, callingh balls and strikes fairly without regard to one’s own personapl preferences or political views.” — U.S. Sen. Jeff R-Ala., ranking Republican on the SenateJudiciary Committee. “President Obams made an outstanding choice in nominating Sonia Sotomayor as the next SupremsCourt Justice. As a judge and a former prosecutodrand litigator, Judge Sotomayor has gainedf invaluable experience in complex lega and constitutional issues. Her experience at various levels of our judicial system has providex her witha well-rounded perspectivs that will benefit the Court.
In addition to being nominatedr to the bench by Republican and Democratic she has been confirmed by both Republicamnand Democratically-controlled U.S. Senates. I am confidentr the U.S. Senate will confir Judge Sotomayor as the next SupremeCourt Justice.” — U.S. Rep. Dianqa DeGette, D-Denver. “Republicans look forwar d to learning more about federal appeals court judgwSonia Sotomayor’s thoughts on the importancs of the Supreme Court’s fidelity to the Constitution and the rule of law.
Supreme Court vacancies are rare, which makes Sonia Sotomayor’ s nomination a perfect opportunity for Americsa to have a thoughtful discussion abou the role of the Supreme Court in our dailtlives . Republicans will reserve judgment on Sonia Sotomayorr until there has been a thoroughy and thoughtful examination of herlegakl views.” — Chairman Michael Steele
Saturday, January 22, 2011
Sun Sports, Fox Sports Florida gets new GM - Orlando Business Journal:
http://journeytomorocco.com/2007/09/12/into-morocco-beyond-the-tourist-traps/
He replaces Cathy who was named general managerof . Liveranik will move from a similar position with as soon as his positionh thereis filled. Liverani will oversewe production, programming, advertising sales, marketing, affiliate relationsd and team relations. Besides the Rays and the Lightning, both Sun Sportss and Fox Sports Florida air games fromthe , , , , , and both the Atlantidc Coast Southeast conferences. Starting out as head of operationsx and programming forSportsChannel Ohio, before it was renamede Fox Sports Ohio, Liverani created the live post-season and pre- and post-gamer shows for the 1995 as they marched to the Worlr Series.
After being promoted after Liveranisecured long-term broadcasting rights agreements with the ’s and ’s alongg with and the , which joined the ’s and the ’ on the network. Liverani has won six regional Emmy awards for his sportw programming and production while an executive producer forthe network’s He began his career as a studio cameraman for WJKS-TV in Jacksonville and spen time with in East N.Y., before taking over as operations manageer for SportsChannel Florida, which latere became Fox Sports Florida.
He replaces Cathy who was named general managerof . Liveranik will move from a similar position with as soon as his positionh thereis filled. Liverani will oversewe production, programming, advertising sales, marketing, affiliate relationsd and team relations. Besides the Rays and the Lightning, both Sun Sportss and Fox Sports Florida air games fromthe , , , , , and both the Atlantidc Coast Southeast conferences. Starting out as head of operationsx and programming forSportsChannel Ohio, before it was renamede Fox Sports Ohio, Liverani created the live post-season and pre- and post-gamer shows for the 1995 as they marched to the Worlr Series.
After being promoted after Liveranisecured long-term broadcasting rights agreements with the ’s and ’s alongg with and the , which joined the ’s and the ’ on the network. Liverani has won six regional Emmy awards for his sportw programming and production while an executive producer forthe network’s He began his career as a studio cameraman for WJKS-TV in Jacksonville and spen time with in East N.Y., before taking over as operations manageer for SportsChannel Florida, which latere became Fox Sports Florida.
Thursday, January 20, 2011
New York ruling will change appraisals in Hawaii - Pacific Business News (Honolulu):
http://www.amazines.com/view_author.cfm?authorid=340798
Since May 1, all lenders that do residential mortgagre loans for homes of one to four unitds sold by and on the secondaryh market must abide by the Home Valuation Code of which is intended to place a firewalkl between appraiser and lende to ensure appraisals that are independenrand honest. That means that mortgage brokersz can no longerselect appraisers. Loan officers at banks and other lenders also are no longer able to choose or requestspecific appraisers, and must guarantese to the federal mortgage giants that the appraisals were done accordingg to the code. Bank employeews who select appraisers must work in a department that is independent of the loanproductiobn staff.
Lenders cannot use in-house appraisers or an appraisal company that is an affiliate ofthe lender, unless they are independent of the loan production Many brokers and lenders will instead have to use a thirde party, which likely will be a Mainland-based appraisal management company, to select the appraiser.
Since May 1, all lenders that do residential mortgagre loans for homes of one to four unitds sold by and on the secondaryh market must abide by the Home Valuation Code of which is intended to place a firewalkl between appraiser and lende to ensure appraisals that are independenrand honest. That means that mortgage brokersz can no longerselect appraisers. Loan officers at banks and other lenders also are no longer able to choose or requestspecific appraisers, and must guarantese to the federal mortgage giants that the appraisals were done accordingg to the code. Bank employeews who select appraisers must work in a department that is independent of the loanproductiobn staff.
Lenders cannot use in-house appraisers or an appraisal company that is an affiliate ofthe lender, unless they are independent of the loan production Many brokers and lenders will instead have to use a thirde party, which likely will be a Mainland-based appraisal management company, to select the appraiser.
Monday, January 17, 2011
Most European Stocks Retreat as Finance Chiefs Meet; Banks Fall - Bloomberg
http://iancurtispsychiatrist.com/psychiatric-impact-of-childhood-sexual-abuse-life-on-the-borderline/
Most European Stocks Retreat as Finance Chiefs Meet; Banks Fall Bloomberg Jan. 13 (Bloomberg) -- Barry Eichengreen, professor of economics and politics at the University of California ... |
Friday, January 14, 2011
SkyPoint developers deny lawsuit allegations - Tampa Bay Business Journal:
http://www.indiawebpost.com/pun970519101458.html
In a stinging response to a Hillsborough County circuirtcourt lawsuit, Novare- , SkyPoint’s developers, callecd the complaint’s allegation that the condominiuj land was a Superfund site “aw blatantly false statement.” The lawsuir filed Oct. 7 alleges the developers failefd to disclose to10 “contracting in 2005 that the site was pollutedf and in the preliminary stages of remediation. The plaintiffe are seeking court-ordered recission of their contracts and the returj of morethan $200,000 they paid altogether in earnestr money, the complaint shows. “Wr bought a remediated site,” said John senior VP of development forin Atlanta.
“Tha t shouldn’t require any additionalo disclosure.” Part of the remediation certificate process couls not be completed until developers but “they completely removed all the contaminationh pre-us closing on the dirt,” Akin issued an order certifying remediation was complete on Oct. 4, said Michael McKelvey, the commission’s manager of the site. “It’s been closer as far as contamination being an McKelvey said, adding that any requirede monitoring also was James Staack, a Clearwater attorneyt representing the plaintiffs, said the main issue involves disclosure of the pollution.
“Ift goes back to disclosure at the time they were requirerd to payreservation deposits,” he said. The fact that the site had been contaminatedd was revealed when one of the plaintiffs went to closinyg and was givenadditional disclosures, Staack SkyPoint’s site previously was the fleet parkinfg garage for and covereds the entire block where the condominiu m is now. The lawsuit contends the developers knew the site was contaminateed and thattwo 6,000-gallon underground petroleum tanks were removesd in 2002 along with 670 tons of contaminated Another 1,839 tons of soil was removed from the site befores developers closed on the property in May 2005, the complain t alleges.
Another underground fuel tank was found while crewa were digging for anelevator shaft, and it was removedx in June 2005. A lottery was conducted to give peoplr an opportunity to be the firstf to purchase some of the380 units. The winners were requirexd to enter into formal contracts with SkyPoint and pay deposits inAugus 2005, according to the lawsuit. The complaint allegesa a monitoring well had not yet been installed nor had remediation been completedby then. The values of unitss at the time of contracrt were affected bythe “fact that the condominium was going to be built on polluted land in the preliminary stages of the lawsuit contends.
Akin described the plaintiffs as “real estate speculators” who simply wanted to back out of theifrpurchase contracts. He was especially incensed that the lawsuiyt portrayed the property as aSuperfund site, which he contends is untrue. Urban downtown sitesz frequently need remediation before redevelopment becaus e of pollution fromprevious uses, Akin said. The contaminatiohn and remediation was disclosed tocondo purchasers, including the lotteryg winners, at the time of closing, he said.
No othed prospective residents seemed to have problems withthe “We had 311 closings after and you would think some of thosre mortgage companies or title companies would thinl it is a real issue, but they said Greg Minder, president of Intowngroup.
In a stinging response to a Hillsborough County circuirtcourt lawsuit, Novare- , SkyPoint’s developers, callecd the complaint’s allegation that the condominiuj land was a Superfund site “aw blatantly false statement.” The lawsuir filed Oct. 7 alleges the developers failefd to disclose to10 “contracting in 2005 that the site was pollutedf and in the preliminary stages of remediation. The plaintiffe are seeking court-ordered recission of their contracts and the returj of morethan $200,000 they paid altogether in earnestr money, the complaint shows. “Wr bought a remediated site,” said John senior VP of development forin Atlanta.
“Tha t shouldn’t require any additionalo disclosure.” Part of the remediation certificate process couls not be completed until developers but “they completely removed all the contaminationh pre-us closing on the dirt,” Akin issued an order certifying remediation was complete on Oct. 4, said Michael McKelvey, the commission’s manager of the site. “It’s been closer as far as contamination being an McKelvey said, adding that any requirede monitoring also was James Staack, a Clearwater attorneyt representing the plaintiffs, said the main issue involves disclosure of the pollution.
“Ift goes back to disclosure at the time they were requirerd to payreservation deposits,” he said. The fact that the site had been contaminatedd was revealed when one of the plaintiffs went to closinyg and was givenadditional disclosures, Staack SkyPoint’s site previously was the fleet parkinfg garage for and covereds the entire block where the condominiu m is now. The lawsuit contends the developers knew the site was contaminateed and thattwo 6,000-gallon underground petroleum tanks were removesd in 2002 along with 670 tons of contaminated Another 1,839 tons of soil was removed from the site befores developers closed on the property in May 2005, the complain t alleges.
Another underground fuel tank was found while crewa were digging for anelevator shaft, and it was removedx in June 2005. A lottery was conducted to give peoplr an opportunity to be the firstf to purchase some of the380 units. The winners were requirexd to enter into formal contracts with SkyPoint and pay deposits inAugus 2005, according to the lawsuit. The complaint allegesa a monitoring well had not yet been installed nor had remediation been completedby then. The values of unitss at the time of contracrt were affected bythe “fact that the condominium was going to be built on polluted land in the preliminary stages of the lawsuit contends.
Akin described the plaintiffs as “real estate speculators” who simply wanted to back out of theifrpurchase contracts. He was especially incensed that the lawsuiyt portrayed the property as aSuperfund site, which he contends is untrue. Urban downtown sitesz frequently need remediation before redevelopment becaus e of pollution fromprevious uses, Akin said. The contaminatiohn and remediation was disclosed tocondo purchasers, including the lotteryg winners, at the time of closing, he said.
No othed prospective residents seemed to have problems withthe “We had 311 closings after and you would think some of thosre mortgage companies or title companies would thinl it is a real issue, but they said Greg Minder, president of Intowngroup.
Wednesday, January 12, 2011
CBS Poll: Support For Stricter Gun Laws Spikes After Tucson Rampage - TPMDC
http://children-count.org/parents.html
PoliJAM | CBS Poll: Support For Stricter Gun Laws Spikes After Tucson Rampage TPMDC The number of Americans who favor stricter gun laws has spiked significantly in the wake of the weekend shooting spree that killed six and left Rep. ... Canadian gun laws help save lives The Caucus: Poll Finds Growing Support for Stronger Gun Control The Caucus: Support for Gun Control Fell in Recent Years |
Sunday, January 9, 2011
Golf: PGA Tour opener draws crowd at top with three sharing lead - San Jose Mercury News
modestofyeyko.blogspot.com
Golf: PGA Tour opener draws crowd at top with three sharing lead San Jose Mercury News AP Robert Garrigus holed a 50-foot eagle putt on the final hole Saturday to get back atop the leader board at the PGA Tour's season-opening Tournament of ... |
Friday, January 7, 2011
Christie's transit plan banks on debt, funds from canceled tunnel - Philadelphia Inquirer
http://myauotocar.net/chevrolet-cars/bill-heard-chevrolet/
The Star-Ledger - NJ.com | Christie's transit plan banks on debt, funds from canceled tunnel Philadelphia Inquirer Christie said his proposal for the Transportation Trust Fund was more responsible than those of previous administrations because it would lean progressively ... Christie's Transportation Trust Fund Plan Built on Borrowing, ARC Tunnel Money Gov. Christie unveils 5-year renewal for Transportation Trust Fund Reconsider raising gas tax |
Tuesday, January 4, 2011
Fate of Filene
zolinstanixes.blogspot.com
Last month, Crown Acquisitions agreed to snap up 17 of thediscounrt retailer’s remaining 25 retail locations for $22 milliohn — an agreement that is subjecrt to an auction in a federal court in whicn additional bids for those 17 stores, the eightg remaining locations and other Filene’s assetsz will be solicited. “We have receivesd expressions of interest from several partiesw not only for the store s included in theCrown proposal, but also for severap additional stores,” said Alan Cohen, chief restructuring officer of Filene’s Basement, adding that he can not disclosde the bidders or stores that are beingt considered.
The company has filed noticees with states such as Maryland abouft its plan to possibly start slashing jobs June 15 if no corporatde suitoris found. The notices warn that 39 employees wouldd be cut at its Rockville storwe at 11840 Rockville Pike and 41 would be affected at its Baltimorer Inner harbor store at 600 EPrat St. Both stores were not listesd as ones to be soldto Crown. Burlington, Mass.-based Filene’d Basement sought protection from creditors in May in Delawarebankruptcg court, months after closing several locations, includingf its stores in Tysons Cornedr and Arundel Mills Mall. The auctionb starts at 9 a.m.
in New York, and any sale will be subjecg to court approval at a hearing to be heldin Del. June 10. “For now, it is busineses as usual in all Filene’s Basement locations,” he which explains why a puzzled Filene’s employer in Rockville knew nothing about itspotential closing. The auction was movede last minute to New York at the requesgt ofseveral bidders. Columbus, Ohio-based (NYSE: RVI) sold the iconix chain this year to FB II Acquisition a new entity ownedby , a liquidation and turnaround firm basef in Agoura Hills, Calif.
Last month, Crown Acquisitions agreed to snap up 17 of thediscounrt retailer’s remaining 25 retail locations for $22 milliohn — an agreement that is subjecrt to an auction in a federal court in whicn additional bids for those 17 stores, the eightg remaining locations and other Filene’s assetsz will be solicited. “We have receivesd expressions of interest from several partiesw not only for the store s included in theCrown proposal, but also for severap additional stores,” said Alan Cohen, chief restructuring officer of Filene’s Basement, adding that he can not disclosde the bidders or stores that are beingt considered.
The company has filed noticees with states such as Maryland abouft its plan to possibly start slashing jobs June 15 if no corporatde suitoris found. The notices warn that 39 employees wouldd be cut at its Rockville storwe at 11840 Rockville Pike and 41 would be affected at its Baltimorer Inner harbor store at 600 EPrat St. Both stores were not listesd as ones to be soldto Crown. Burlington, Mass.-based Filene’d Basement sought protection from creditors in May in Delawarebankruptcg court, months after closing several locations, includingf its stores in Tysons Cornedr and Arundel Mills Mall. The auctionb starts at 9 a.m.
in New York, and any sale will be subjecg to court approval at a hearing to be heldin Del. June 10. “For now, it is busineses as usual in all Filene’s Basement locations,” he which explains why a puzzled Filene’s employer in Rockville knew nothing about itspotential closing. The auction was movede last minute to New York at the requesgt ofseveral bidders. Columbus, Ohio-based (NYSE: RVI) sold the iconix chain this year to FB II Acquisition a new entity ownedby , a liquidation and turnaround firm basef in Agoura Hills, Calif.
Sunday, January 2, 2011
Veteran lawyer sees challenge in telcom job - Pacific Business News (Honolulu):
zlatkopaisley1275.blogspot.com
On July 25, he will end three decadez at the Honolulu law firm to becomew senior vice president and general counsel of This he celebrates his55th birthday, and next month, he and Kalowena, will send theid youngest of two daughters to college on the East The departure of a partner for a corporate job is The fact that it involves one of the state'se most politically influential firms has set off speculatiomn about the true nature of the But Komeiji said there's nothinh more to the story and described how leavingg the state's eighth-largest law firm was one of his toughesg decisions.
"The concern for me was always how the peopleethat I've spent 30 years with were goingg to fare," he said. "We realluy call ourselves 'WIK ohana'." Komeiji first joine the firm 30 summers ago as an He returned the following year after graduating from the Universityyof California's Hastings College of the Law. Leaving never crossed Komeiji'ss mind until he got a call a montbh ago fromhis friend, Walter A. Dods Jr.
, chairma n of the board of Hawaiian Dods expressed concern about the futurer of local companies and immediately wantec to create a local management team to run the financiallhy challengedtelecommunications group, which is undergoinv an organizational overhaul. Hawaiian Telcom, owned by Washington, D.C.-baseed private-equity firm , reported a loss of $40.1 million on operatingv revenueof $112.4 million in the firsgt quarter of 2008. The company's year-end debt for 2007 totaledx $972.5 million. Dods and Komeiji had a lengthuy discussion about him joiningthe "It sparked an interest in me, and I thought about it and thought aboutf it," Komeiji said.
"At the end of the day, I decidede this was a challenge I wanted to He said his colleagues at the law firm are Community leaderssay Komeiji's wit, smartds and character built his reputation as one of the top attorneys in the "John's business acumen stretches beyond his legal expertise," said Eric K. who became president and CEO of Hawaiian Telcokm in May after leavingb HawaiianElectric Co. "He is a greayt strategist and an outstanding individual who is deeply committe to thelocal community," Yeaman told PBN in an "All of these elements combinedx will strengthen our efforts to move Hawaiiahn Telcom forward.
" Dods, Yeaman and Komeiji compris a multigenerational leadership team with local roots. 67, recently retired as the top executivd of First Hawaiian isa traditionalist. Yeaman, 40, is a Gen Xer. And Komeiji describes himself as the baby boomer in the Hawaiian Telcom's new executive team also includes Senio Vice President of Sales Craig T. who is a former director of a Sun InnovationnHoldings Ltd. subsidiary, and Vice Presideny of External AffairsSteven P. who had the same title at TheGas Co. Komeiji's move fueled whispers that the interconnectionsbetween Komeiji's firm, Hawaiiab Telcom and Hawaiian Electric Industries Inc. were pointingf to some sort of mergeror linkage.
Jeffreyu Watanabe, of counsel to Watanabe, Ing Komeiji, is non-executive chairman of the boardof HEI, and unti recently Yeaman was a top executive of the utilith company. The talk broke beyond Bishop Streett when they were reported on a blog run by formere newspaper reporterIan "The first time I heard about it was when I read Ian Lind'sz blog," Komeiji said. "I read it and laughed.
"
On July 25, he will end three decadez at the Honolulu law firm to becomew senior vice president and general counsel of This he celebrates his55th birthday, and next month, he and Kalowena, will send theid youngest of two daughters to college on the East The departure of a partner for a corporate job is The fact that it involves one of the state'se most politically influential firms has set off speculatiomn about the true nature of the But Komeiji said there's nothinh more to the story and described how leavingg the state's eighth-largest law firm was one of his toughesg decisions.
"The concern for me was always how the peopleethat I've spent 30 years with were goingg to fare," he said. "We realluy call ourselves 'WIK ohana'." Komeiji first joine the firm 30 summers ago as an He returned the following year after graduating from the Universityyof California's Hastings College of the Law. Leaving never crossed Komeiji'ss mind until he got a call a montbh ago fromhis friend, Walter A. Dods Jr.
, chairma n of the board of Hawaiian Dods expressed concern about the futurer of local companies and immediately wantec to create a local management team to run the financiallhy challengedtelecommunications group, which is undergoinv an organizational overhaul. Hawaiian Telcom, owned by Washington, D.C.-baseed private-equity firm , reported a loss of $40.1 million on operatingv revenueof $112.4 million in the firsgt quarter of 2008. The company's year-end debt for 2007 totaledx $972.5 million. Dods and Komeiji had a lengthuy discussion about him joiningthe "It sparked an interest in me, and I thought about it and thought aboutf it," Komeiji said.
"At the end of the day, I decidede this was a challenge I wanted to He said his colleagues at the law firm are Community leaderssay Komeiji's wit, smartds and character built his reputation as one of the top attorneys in the "John's business acumen stretches beyond his legal expertise," said Eric K. who became president and CEO of Hawaiian Telcokm in May after leavingb HawaiianElectric Co. "He is a greayt strategist and an outstanding individual who is deeply committe to thelocal community," Yeaman told PBN in an "All of these elements combinedx will strengthen our efforts to move Hawaiiahn Telcom forward.
" Dods, Yeaman and Komeiji compris a multigenerational leadership team with local roots. 67, recently retired as the top executivd of First Hawaiian isa traditionalist. Yeaman, 40, is a Gen Xer. And Komeiji describes himself as the baby boomer in the Hawaiian Telcom's new executive team also includes Senio Vice President of Sales Craig T. who is a former director of a Sun InnovationnHoldings Ltd. subsidiary, and Vice Presideny of External AffairsSteven P. who had the same title at TheGas Co. Komeiji's move fueled whispers that the interconnectionsbetween Komeiji's firm, Hawaiiab Telcom and Hawaiian Electric Industries Inc. were pointingf to some sort of mergeror linkage.
Jeffreyu Watanabe, of counsel to Watanabe, Ing Komeiji, is non-executive chairman of the boardof HEI, and unti recently Yeaman was a top executive of the utilith company. The talk broke beyond Bishop Streett when they were reported on a blog run by formere newspaper reporterIan "The first time I heard about it was when I read Ian Lind'sz blog," Komeiji said. "I read it and laughed.
"
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