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Litigation Finance News

Latest plan from Council on Affordable Housing prompts court challenge Tuesday, January 6, 2009 @ 7:56PMThe State League of Municipalities said today it has gone to court to challenge the latest plan for low- and moderate-income housing put forth by the state Council on Affordable Housing. The challenge claims the new requirements would bring "overwhelming...
Businessman linked to Richardson donated to Obama Tuesday, January 6, 2009 @ 7:31PMA prominent businessman caught up in a grand jury probe whose political donations ended any role for New Mexico Gov. Bill Richardson in
Businessman linked to Richardson donated to Obama Tuesday, January 6, 2009 @ 7:13PM A prominent businessman caught up in a grand jury probe whose political donations ended any role for New Mexico Gov. Bill Richardson in the Obama administration also was a generous contributor in support of the president-elect.
Businessman linked to Richardson donated to Obama Tuesday, January 6, 2009 @ 7:13PMA prominent businessman caught up in a grand jury probe whose political donations ended any role for New Mexico Gov.
New Orleans Medical Complex: Legal Issues? Tuesday, January 6, 2009 @ 6:17PMby Christopher Tidmore
Sills Cummis & Gross P.C. Expands New York Office: Merges with Silverberg Stonehill Goldsmith & Haber P.C. Tuesday, January 6, 2009 @ 3:35PM NEW YORK----Sills Cummis & Gross P.C. is pleased to announce the expansion of its New York office with the addition of the lawyers of Silverberg Stonehill Goldsmith & Haber, P.C. .
EnergyConnect Hires New President and Chief Executive Officer Tuesday, January 6, 2009 @ 1:46PMEnergyConnect Group, Inc. (OTCBB:ECNG), an industry leader in innovative demand response technologies, today announced that Kevin R. Evans has been named its President and Chief Executive Officer and will become a member of the company’s Board of Directors. The search was led by EnergyConnect’s founder and former CEO Rod Boucher who will take on strategic development support as Chief Technology ...
Smith: Ready for the challenge Tuesday, January 6, 2009 @ 3:27AMMorrisville lawmaker to become speaker
Warren tax returns better than expected Tuesday, January 6, 2009 @ 12:46AMWARREN - The city collected $326,513 more in income taxes than was expected in 2008, according to a press release from Tax Administrator Tom Gaffney. But that money is still less than what the city received in 2007, and also was considered prior to cuts the city made to balance its budget, officials said. The city had budgeted $18.4 million in tax revenue but brought in $18.
D-38 follows suit Tuesday, January 6, 2009 @ 12:43AMFor several years, various groups in the state have been trying to prove that Colorado’s public schools are not adequately funded.
INVESTOR ALERT: KGS Notifies Horizon Lines, Inc. Purchasers With Losses Greater Than $250,000 of Lead Plaintiff ... Monday, January 5, 2009 @ 10:45PM Kahn Gauthier Swick, LLC announces that a securities class action lawsuit was filed in the United States District Court for the District of Delaware, on behalf of purchasers of the securities of Horizon Lines, Inc. between March 2, 2007 and April 25, 2008, inclusive. No class has yet been certified in this action.
SMEs may be taxed for outsourced work Monday, January 5, 2009 @ 7:02PM SMEs that undertake the bulk of manufacturing for large cos may now have to forgo part of their revenues upfront as tax deducted at source. Competitive economies
Mohr, Hackett, Pederson, Blakley & Randolph merges with Sherman & Howard Monday, January 5, 2009 @ 5:59PMTwo law firms with footprints in the Phoenix market are merging.
Billionaire dealmaker Carl Pohlad dies at 93 Monday, January 5, 2009 @ 4:32PMThe 93-year-old owner of the Minnesota Twins, who died Monday, never retired, even after making a fortune.
Forest Laboratories, Inc. Sets Date and Conference Call for Fiscal 2009 Third Quarter Earnings Monday, January 5, 2009 @ 4:00PM Forest Laboratories, Inc. , an international manufacturer and marketer of pharmaceutical products, will release its Fiscal 2009 Third Quarter financial results before the U.S. stock market opens on Tuesday, January 20, 2009.
The Week Ahead Sunday, January 4, 2009 @ 4:14AMMONDAY
Personnel Moves Saturday, January 3, 2009 @ 11:17PMThis is a listing of promotions, hirings and other personnel actions at area companies.
On the Go Saturday, January 3, 2009 @ 11:11PMA compilation of recent promotions and hires in Northeast Ohio. ARCHITECTURE CBLH Design: Gary Pete was hired as a project architect for the Middleburg Heights provider of architectural services. COMMUNICATIONS AT&T Ohio: Mylayna Albright was named external affairs director...
San Diego People Saturday, January 3, 2009 @ 5:16AMThe Grossmont-Cuyamaca Community College District Governing Board has re-elected Bill Garrett as board president. Garrett’s areas of focus include the proper use of bond money and continued development of student financial aid programs.
Business news in brief: BorgWarner rejects mini-tender offer Saturday, January 3, 2009 @ 2:27AMAutomotive supplier BorgWarner Inc. said Friday it has received a mini-tender offer from TRC Capital Corp. and urged its shareholders not to sell their stock to the firm at a discount.
Pre-Paid Announces 2008 4th Quarter & Year-End Results Friday, January 2, 2009 @ 5:17PM Pre-Paid Legal Services, Inc. , reported new memberships produced and new sales associates enrolled for the fourth quarter and for the year ended December 31, 2008. During the 4th quarter of 2008, new sales associates enrolled decreased 9.7% to 32,533 from the 36,029 enrolled in the 4th quarter of 2007 and new memberships produced decreased 11.6% to 132,641 during the 2008 quarter compared to ...
NovaGold Announces US$60 Million Financing With Electrum Strategic Resources Friday, January 2, 2009 @ 8:08AM NovaGold Resources Inc.(NYSE-A: NG) announced today that it has entered into a definitive agreement with Electrum Strategic Resources LLC providing for the sale to Electrum on a private placement basis of 46,153,847 Units for a purchase price of US$1.30 per Unit, for aggregate gross proceeds of US$60 million.
First Sound Bank Files Complaint for Declaratory Judgment in King County Superior Court Friday, January 2, 2009 @ 8:00AM First Sound Bank today announced that on December 23, 2008 it filed a complaint for declaratory judgment in King County Superior Court.
First BanCorp Announces Payment of Preferred Dividends Friday, January 2, 2009 @ 6:45AM SAN JUAN, Puerto Rico----First BanCorp announced today that its Board of Directors has declared the next payment of dividends on First BanCorp’s Series A through E Preferred Shares.
Melco Crown Entertainment Upgraded to NASDAQ Global Select Market Friday, January 2, 2009 @ 5:14AM NEW YORK, Jan. 2, 2009 -- Melco Crown Entertainment Limited announced today that it has been upgraded to trade on the NASDAQ Global Select Market, effective today. The NASDAQ Global Select Market has the highest initial listing standards of any exchange in the world, based on financial and liquidity requirements.
THE OBSERVER STAFF LOOKS AT THE WIDE OPEN GATE FOR 2008 Wednesday, December 31, 2008 @ 11:16AMThe Observer staff kicked off with a bang, heading up the year’s first issue with the state-mandated child vaccination controversy and ended with overdevelopment issues.
10 Questions with Christoph Lindinger Wednesday, December 31, 2008 @ 11:01AMLindinger expects company restructurings, litigation and re-financings to continue. In these tough times, expansion has all but frozen in the business world, and the law firms that advise corporations are taking a similar hit in step with their clients.
Top 10 Stories of the Year No. 3 Development slows : Real estate sales stall, building boom implodes in 2008 Wednesday, December 31, 2008 @ 7:29AMThe slow down in the Northwest Arkansas real estate market that began during 2006 ground to a near halt in 2008 as building permits fell and homes sale stalled. (Northwest Arkansas Times)
Columbus McKinnon to Present at the 11th Annual Needham Growth Stock Conference on January 6, 2009 Tuesday, December 30, 2008 @ 8:00AM Columbus McKinnon Corporation , a leading designer, manufacturer and marketer of material handling products, announced today that President and Chief Executive Officer Timothy T. Tevens and Vice President - Finance and Chief Financial Officer Karen L.
Independent Bank Corporation Announces the Dates for Its Fourth Quarter 2008 Earnings Release and Analyst Conference ... Tuesday, December 30, 2008 @ 7:30AM Independent Bank Corporation , a Michigan-based bank holding company, announced that it will release its fourth quarter 2008 earnings results on Monday, Jan. 26, 2009 at approximately 5 pm ET.
GeneThera - 2009 a Year for Opportunity and Growth - an Update to Shareholders Tuesday, December 30, 2008 @ 7:30AM GeneThera, Inc., as a service and responsibility to our shareholders, is publicly outlining our strategy for the future of the company.
Genco Shipping & Trading Limited Takes Delivery of Capesize Newbuilding Tuesday, December 30, 2008 @ 7:15AM Term Time Charter
Alliance HealthCard Reports 2008 Fourth Quarter and Year-End Financial Results Tuesday, December 30, 2008 @ 7:00AM Alliance HealthCard, Inc., a leading provider of health discount and lifestyle benefits, reported that its revenue, gross profit, and net income had double-digit increases for the 2008 fiscal year. The fourth quarter also resulted in record sales and earnings.
Energy one of few big-issue topics for legislators Tuesday, December 30, 2008 @ 2:33AMThe 2009 Montana Legislature may be a dead end when it comes to crafting new policy on the big issues, yet that won’t stop lawmakers from trying on one of the biggest: energy.
Shy, rich farmers thrust in spotlight as players in U.S. Sugar deal Monday, December 29, 2008 @ 8:22PMThe buzz in the close-knit Florida grower crowd started in 2000: A wealthy Missouri farmer was buying groves. Lots of groves.
Barriers to entry Monday, December 29, 2008 @ 3:26PMRemember 1982, when the Soviet threat haunted America and China was still a giant backwater that had only just started reforming its economy? Few will recall that it was also the last year in which the volume of world trade shrank.
Doll power: Barbie celebrates 50th anniversary and toy world dominance Monday, December 29, 2008 @ 10:25AMThe former model whose cv runs from palaeontologist to presidential candidate banks 3bn a year and looks better than ever.
Aero Performance Products, Inc. Outlines Goals for 2009 Including Advancement of Roll-Up strategy and Improved Stock ... Monday, December 29, 2008 @ 8:35AM BLUFFDALE, Utah----Aero Performance Products, Inc. , which operates Aero Exhaust, Inc., a world leader in performance exhaust airflow technology and a NASCAR Performance Partner, today announced several goals for the company for the 2009 calendar year, including advancement of Aero’s roll-up strategy through a planned targeted acquisition.
Rogers Corporation to Present at CJS Securities, Inc. Ninth Annual New Ideas for the New Year Investor Conference Monday, December 29, 2008 @ 8:30AM ROGERS, Conn.----Rogers Corporation will be presenting at the Ninth Annual CJS Securities “New Ideas for the New Year” Investor Conference, on Wednesday, January 7, 2009 in New York City, NY.
American Apparel Names Adrian Kowalewski Chief Financial Officer Monday, December 29, 2008 @ 7:30AM LOS ANGELES----American Apparel, Inc. today announced that Adrian Kowalewski has been appointed Executive Vice President and Chief Financial Officer, effective immediately.
Players Network Expands Its Board of Directors Monday, December 29, 2008 @ 7:30AM Players Network, the leading Digital Media 3-Screen Network dedicated to Las Vegas Entertainment and the Gaming Lifestyle, announces today that it has appointed Leonard J. Parisi and John J.
Matrix Service Sets Date to Discuss Results for the Second Quarter, Ended November 30, 2008 Monday, December 29, 2008 @ 7:00AM Matrix Service Co. , a leading industrial services company, will announce results for the Second Quarter, ended November 30, 2008 on Thursday, January 8, 2009 prior to the open of the market.
Financial Condition of TARP Bailout Companies Likely Worse Than Publicly Disclosed, Analysis Finds Wednesday, December 24, 2008 @ 7:47AM LOS ANGELES----The vast majority of financial services companies being bailed out under the Federal Troubled Assets Relief Program are likely in worse condition than publicly disclosed, according to an analysis announced today by Audit Integrity, an independent research firm that measures corporate integrity risk.
Nigeria: Fresh Rumble Over Anambra Council Poll Wednesday, December 24, 2008 @ 3:36AMChief Cornel Umeh is a cultured and thoroughbred civil servant who rose to the apogee of his career before he retired from the Public Service. Those who know him can attest to his eloquence on issues of public interest. He is not given to muttering words, his numerous admirers affirm.
DOUBLE ENTRIES 14.41 Wednesday, December 24, 2008 @ 3:18AM Double Entries Newswire Issue 14.41 December 18 2008
HL:The Canadian Press Business News Budget for Tuesday, Dec. 23, 2008@ Wednesday, December 24, 2008 @ 12:33AMBUSINESS EDITORS:@ Here are Canadian Press Business budget lines as of 10 p.m. ET. Plans may change as circumstances warrant. To contact Canadian Press Business by e-mail, send messages to business(at)thecanadianpress.com.
St. Lawrence Energy Corp. Announces Funding Negotiations With Major Investment Banking Firm Wednesday, December 24, 2008 @ 12:22AM PALO ALTO, Calif.----St. Lawrence Energy Corp., a reusable energy and technology company, announced today that it is seeking funding through a major investment banking firm. This funding will be used to finance the operations and the R&D efforts with NASA. “It is now exciting to see interest from the investment banking sector, as we accelerate our movement to become a fully operating company in ...
Indian market may open lower Tuesday, December 23, 2008 @ 10:23PM(RTTNews) - Wednesday, the Indian market is likely to open lower as concerns over the world economy continued to weigh on investor sentiment. With FII buying expected to remain muted, buying by domestic financial institutions may influence market movement for the day.
ON THE MOVE Tuesday, December 23, 2008 @ 7:38PMDe Joya Griffith and Co. LLC hired Marc Clayton , Kaitlynn Tsai and Sarah Cummins as staff accountants.
Ex-aide is latest lightning rod in City Hall squabble Monday, December 22, 2008 @ 9:21PMWOONSOCKET — The latest in a series of political rifts between the City Council and Mayor Susan D. Menard has surfaced over allegations that a former aide to the mayor improperly received a longevity bonus of nearly $2,600 in 2005 and that records may have been altered to make the payment seem legitimate.