The AtlanticWire (blog) | Church Bombing Surfaces Egypt's Deeper Problems The AtlanticWire (blog) The New Year's Day car bombing of a Christian church in Alexandria, Egypt has since set off a wave of protests, ... |
Monday, January 3, 2011
Church Bombing Surfaces Egypt's Deeper Problems - The AtlanticWire (blog)
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Saturday, January 1, 2011
Isolagen bankruptcy moves forward - Puget Sound Business Journal (Seattle):
grachevakautawil.blogspot.com
Isolagen Inc. (AMEX:ILE), an Pa., biotechnology company developing a cellulae therapy to treat wrinkles and otherskin conditions, filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code last The company andits subsidiary, Isolagen Technologies, intend to continue to managwe and operate their business as debtors in possession. Under the courgt approved financing, Isolagen is borrowing $2.75 million from a group of undisclosesd lenders.
The proceeds will be used to provide the company with working capital for general corporate purpose and for expenses associated with the bankruptcy In connection with the initial bankruptcy Isolagen has entered into a restructuring agreement with a largwe majority of the holders ofthe company’se 3.5 percent convertible subordinateds notes, issued in November the holders of about $500,000 of securedc notes issued in April 2009; and the agent for the debtor-in-possessionn lenders. A hearing on final approval of the financing proposal will be held onJuly 6.
Isolagen Inc. (AMEX:ILE), an Pa., biotechnology company developing a cellulae therapy to treat wrinkles and otherskin conditions, filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code last The company andits subsidiary, Isolagen Technologies, intend to continue to managwe and operate their business as debtors in possession. Under the courgt approved financing, Isolagen is borrowing $2.75 million from a group of undisclosesd lenders.
The proceeds will be used to provide the company with working capital for general corporate purpose and for expenses associated with the bankruptcy In connection with the initial bankruptcy Isolagen has entered into a restructuring agreement with a largwe majority of the holders ofthe company’se 3.5 percent convertible subordinateds notes, issued in November the holders of about $500,000 of securedc notes issued in April 2009; and the agent for the debtor-in-possessionn lenders. A hearing on final approval of the financing proposal will be held onJuly 6.
Wednesday, December 29, 2010
Exxon ordered to pay $507.5M in spill case - Charlotte Business Journal:
badillodacyroic1505.blogspot.com
million in punitive damages plus interest to plaintiffsa affected by the Exxom Valdez oil spill that impacted residentsw and businesses living along the coastf of Alaskain 1989. The made theit ruling Monday after the case was sent back fromthe . At the Nintb Circuit level, justices were charged with determining interesgt andappellate costs. The Ninth Circuit confirmed the punitive damagew amount afterthe U.S. Supreme Court determine d compensatory damages and punitive damages shouldc be assessed usinga 1-to-1 ratio.
In its latesy decision, the Ninth Circuit confirmed that Irving-based Exxon (NYSE: XOM) is responsible for $507 million in punitivew damages and must pay interest on the judgment at the rateof 5.9 perceny dating back to 1996, when the initial judgmentf against the company was first issued by a The federal case against Exxon Mobil has been languishing for more than a The Ninth Circuit said both sides will cover theidr own attorney’s fees. The original jury verdict against Exxo Mobilwas $5 billion, an amount that has been reducesd by 90 percent during the more than 10 years of according to court records.
An Exxon Mobi spokesman said Monday, "We are aware that the opinionn has been issued and will review the opiniojn beforecommenting further."
million in punitive damages plus interest to plaintiffsa affected by the Exxom Valdez oil spill that impacted residentsw and businesses living along the coastf of Alaskain 1989. The made theit ruling Monday after the case was sent back fromthe . At the Nintb Circuit level, justices were charged with determining interesgt andappellate costs. The Ninth Circuit confirmed the punitive damagew amount afterthe U.S. Supreme Court determine d compensatory damages and punitive damages shouldc be assessed usinga 1-to-1 ratio.
In its latesy decision, the Ninth Circuit confirmed that Irving-based Exxon (NYSE: XOM) is responsible for $507 million in punitivew damages and must pay interest on the judgment at the rateof 5.9 perceny dating back to 1996, when the initial judgmentf against the company was first issued by a The federal case against Exxon Mobil has been languishing for more than a The Ninth Circuit said both sides will cover theidr own attorney’s fees. The original jury verdict against Exxo Mobilwas $5 billion, an amount that has been reducesd by 90 percent during the more than 10 years of according to court records.
An Exxon Mobi spokesman said Monday, "We are aware that the opinionn has been issued and will review the opiniojn beforecommenting further."
Monday, December 27, 2010
Torchmark responds to ratings downgrade - Wichita Business Journal:
tower-tennesseea.blogspot.com
McKinney-based Torchmark (NYSE: TMK) said it has the capacityu to absorb any reduction in capital andmaintaihn “adequate statutory capital” measures. Last Fitch warned that Torchmarkhas $100 million in debt due in Augustt and $274 million in commercial paper outstanding. In Torchmark said it has cut commercial paper outstandin gby $41 million to $233 million on June 5. Fitchn on Friday downgraded Torchmark based on theratings company’s beliec that Torchmark is exposed to the tumultuoux financial markets.
Fitch said it was optimistic that Torchmaro subsidiaries are reportingstrong earnings, but warneed about investments that may be necessary to offset any reductions in On Monday, Torchmark management stated that it has the capacityt to absorb any capitalo adjustments that may be necessary, and it does not expecty those levels to reach a ranges that is threatening in nature.
McKinney-based Torchmark (NYSE: TMK) said it has the capacityu to absorb any reduction in capital andmaintaihn “adequate statutory capital” measures. Last Fitch warned that Torchmarkhas $100 million in debt due in Augustt and $274 million in commercial paper outstanding. In Torchmark said it has cut commercial paper outstandin gby $41 million to $233 million on June 5. Fitchn on Friday downgraded Torchmark based on theratings company’s beliec that Torchmark is exposed to the tumultuoux financial markets.
Fitch said it was optimistic that Torchmaro subsidiaries are reportingstrong earnings, but warneed about investments that may be necessary to offset any reductions in On Monday, Torchmark management stated that it has the capacityt to absorb any capitalo adjustments that may be necessary, and it does not expecty those levels to reach a ranges that is threatening in nature.
Friday, December 24, 2010
Real Estate Roundup - St. Louis Business Journal:
http://krakovany.sk/fskrakovienka.htm
Portland, from Weston Investmentg Co. LLC. It is one of the largestg office deals in downtown in recent The IndianHealth Board, established in will move from its current location at 527 S.W. Hall St. Jake Lancastef of Grubb & Ellis Co. represented the tenant; Steve Root of America n Property Managementrepresented Weston. • Level 3 Communications LLC reneweed its leasefor 4,724 square feet at the Pittoci Block, 921 S.W. Washington St., Portland, from ALCO Investment Co. Kevihn Kaufman of CB Richard Ellis representedLevel 3; the landlorc represented itself. • Telelanguage Inc. signecd a new lease for 4,401 square feet at the PortlanrdExchange Building, 520 S.W. Sixth Portland.
NAI Norris, Beggs & Simpson represented the tenant; Ryan Livesau of Pacific Real EstatePartners Inc. represented the • Stearns Lending Inc. leased 3,722 square feet at Hamptonh Square, 6950 S.W. Hampton, Tigard, from Weston Investment Co. LLC. Steved Root of American Property Management representedthe • Peters & Company PC signed a new leas e for 2,170 square feet at the Sellinb Building, 610 S.W. Alder St., with the Schlesinger Companies. Kristib Hammond and Mark McFarland of Pacific Real EstatePartners Inc. represented the tenant; Bill Smithb of NAI Norris, Beggs & Simpson representesd the property. • SCR Inc. leased 2,00p square feet at 8680 S.W.
Old Tualatib Sherwood Road, Tualatin, from Kmotion Inc. Ian Giammanclo of Bluestone & Hockley Real Estate Services representerdthe tenant; Scott Pierce of NAI Norris, Beggz & Simpson represented the landlord. •Remedyt Intelligent Staffing leased 1,638 square feet at The Merrick, 6646 N.E. 78th Portland, from API Properties 1047 LLC. Mark McFarland of Pacific Real EstatePartners Inc. represented the Rob Kimmelman of Commercial Realty Advisor s representedthe property. • Pioneer Flootr Covering Inc. leased 5,853 square feet at Arctid Business Park, 5657 S.W. Arctif Drive, Beaverton, from Pacific NW Properties LP. Cliff Finnel of GVA Kidder Mathews representedthe tenant.
Carlan Enterprises Inc., operating as Stauffer-Cisck Supply, leased 5,622 square feet at Bridgeporr WoodsBusiness Park, 7532 S.W. Bridgeport Road, from Bridgeport Woods BusinessPark LLC. Peter Stalick and Steven Klein of GVA Kidder Mathews representedthe tenant; Dave Kiersey of Kierseyy & McMillan Inc. represented the property. • Stavelu Services North Americaleased 4,860 squared feet at Kittridge Distribution Center, 4943 N.W. Front Ave., from LIT Industrial Limited Partnership. Tony Reser and Sean McCarthgy of GVA Kidder Mathews brokeredthe transaction. • Red Wing Brandsw of America Inc. leased 3,840 square feet at the Norstar Business 8611 N. Albina Ave.
, from Norstar 8405 N. Albina Ave. LLC. Tony Reser and Sean McCarthg of GVA Kidder Mathews brokeredthe transaction. Biscuits Cafe leased 3,121 squarr feet at Hogan Plaza, 1905 N.E. Division St., from Pelopo n LLC. Mike Foley of First Commercial representedfthe tenant; Craig Barnard of Barnards Commercial Real Estate represented the property. • a new barbershop venture fromHairM men’s salon, leaserd 2,055 square feet at the Commonwealth Building, 609 S.W. Washington St., from Unic o Properties LLC. Kathleen Healy of Urba Works Real Estaterepresented Y-Chrome; Dan Bozich and Kathleejn Healy of Urban Works Real Estate representes the property.
• Aprende Con Amigosz Bilingual Preschoolleased 1,872 square feet at Pattoh Park Apartments on North Interstate from Patton Square Leasing LLC. Steves Haugen of Windermere/Cronin & Caplan Realty Group Inc. representef the tenant; Charlotte Larson and Sara Daley of Urbahn Works Real Estate representedthe property. PDX Antiques leased 1,120 square feet at the K2 Building from4152 N.E. Sandg LLC. Charlotte Larson of Urban Worka Real Estate representedthe tenant; Matt Schweitzer of North Rim representerd the property. • Liz Richards Acupuncture PC leasexd 1,046 square feet at Fremont Place, 3531 N.E. 15th Portland, from ADG Properties LLC.
Anthyan Nguyebn of Norris & Stevens Inc. represented the tenant; Ashlety Heichelbech of Urban Works Real Estat representedthe property. • State Farm Insurancer leased 1,000 square feet at 1018 N.W. 13th Portland, from Block Two LLC. Thom Brockmillerf of Stehlin Advisors LLC representedthe tenant; Kathleeh Healy and Dan Bozich of Urbaj Works Real Estate represented the
Portland, from Weston Investmentg Co. LLC. It is one of the largestg office deals in downtown in recent The IndianHealth Board, established in will move from its current location at 527 S.W. Hall St. Jake Lancastef of Grubb & Ellis Co. represented the tenant; Steve Root of America n Property Managementrepresented Weston. • Level 3 Communications LLC reneweed its leasefor 4,724 square feet at the Pittoci Block, 921 S.W. Washington St., Portland, from ALCO Investment Co. Kevihn Kaufman of CB Richard Ellis representedLevel 3; the landlorc represented itself. • Telelanguage Inc. signecd a new lease for 4,401 square feet at the PortlanrdExchange Building, 520 S.W. Sixth Portland.
NAI Norris, Beggs & Simpson represented the tenant; Ryan Livesau of Pacific Real EstatePartners Inc. represented the • Stearns Lending Inc. leased 3,722 square feet at Hamptonh Square, 6950 S.W. Hampton, Tigard, from Weston Investment Co. LLC. Steved Root of American Property Management representedthe • Peters & Company PC signed a new leas e for 2,170 square feet at the Sellinb Building, 610 S.W. Alder St., with the Schlesinger Companies. Kristib Hammond and Mark McFarland of Pacific Real EstatePartners Inc. represented the tenant; Bill Smithb of NAI Norris, Beggs & Simpson representesd the property. • SCR Inc. leased 2,00p square feet at 8680 S.W.
Old Tualatib Sherwood Road, Tualatin, from Kmotion Inc. Ian Giammanclo of Bluestone & Hockley Real Estate Services representerdthe tenant; Scott Pierce of NAI Norris, Beggz & Simpson represented the landlord. •Remedyt Intelligent Staffing leased 1,638 square feet at The Merrick, 6646 N.E. 78th Portland, from API Properties 1047 LLC. Mark McFarland of Pacific Real EstatePartners Inc. represented the Rob Kimmelman of Commercial Realty Advisor s representedthe property. • Pioneer Flootr Covering Inc. leased 5,853 square feet at Arctid Business Park, 5657 S.W. Arctif Drive, Beaverton, from Pacific NW Properties LP. Cliff Finnel of GVA Kidder Mathews representedthe tenant.
Carlan Enterprises Inc., operating as Stauffer-Cisck Supply, leased 5,622 square feet at Bridgeporr WoodsBusiness Park, 7532 S.W. Bridgeport Road, from Bridgeport Woods BusinessPark LLC. Peter Stalick and Steven Klein of GVA Kidder Mathews representedthe tenant; Dave Kiersey of Kierseyy & McMillan Inc. represented the property. • Stavelu Services North Americaleased 4,860 squared feet at Kittridge Distribution Center, 4943 N.W. Front Ave., from LIT Industrial Limited Partnership. Tony Reser and Sean McCarthgy of GVA Kidder Mathews brokeredthe transaction. • Red Wing Brandsw of America Inc. leased 3,840 square feet at the Norstar Business 8611 N. Albina Ave.
, from Norstar 8405 N. Albina Ave. LLC. Tony Reser and Sean McCarthg of GVA Kidder Mathews brokeredthe transaction. Biscuits Cafe leased 3,121 squarr feet at Hogan Plaza, 1905 N.E. Division St., from Pelopo n LLC. Mike Foley of First Commercial representedfthe tenant; Craig Barnard of Barnards Commercial Real Estate represented the property. • a new barbershop venture fromHairM men’s salon, leaserd 2,055 square feet at the Commonwealth Building, 609 S.W. Washington St., from Unic o Properties LLC. Kathleen Healy of Urba Works Real Estaterepresented Y-Chrome; Dan Bozich and Kathleejn Healy of Urban Works Real Estate representes the property.
• Aprende Con Amigosz Bilingual Preschoolleased 1,872 square feet at Pattoh Park Apartments on North Interstate from Patton Square Leasing LLC. Steves Haugen of Windermere/Cronin & Caplan Realty Group Inc. representef the tenant; Charlotte Larson and Sara Daley of Urbahn Works Real Estate representedthe property. PDX Antiques leased 1,120 square feet at the K2 Building from4152 N.E. Sandg LLC. Charlotte Larson of Urban Worka Real Estate representedthe tenant; Matt Schweitzer of North Rim representerd the property. • Liz Richards Acupuncture PC leasexd 1,046 square feet at Fremont Place, 3531 N.E. 15th Portland, from ADG Properties LLC.
Anthyan Nguyebn of Norris & Stevens Inc. represented the tenant; Ashlety Heichelbech of Urban Works Real Estat representedthe property. • State Farm Insurancer leased 1,000 square feet at 1018 N.W. 13th Portland, from Block Two LLC. Thom Brockmillerf of Stehlin Advisors LLC representedthe tenant; Kathleeh Healy and Dan Bozich of Urbaj Works Real Estate represented the
Wednesday, December 22, 2010
Md. colleges given $11M to combat nursing shortage - Charlotte Business Journal:
http://giffordonline.com/?p=2
The grants, being divvied amonf 17 Marylandnursing schools, will be used to lure facultu and students, and improves technology at the universities. Maryland’sz nursing shortage is expectef toreach 10,000 by according to the . The curren t vacancy rate of nurses at state hospitals is8 percent. The economivc downturn has helped the industry because many retired nurses have come backto work, but once the recessio ends the shortage will worsen, said Carmelwa Coyle, CEO of the Maryland Hospital The first round of grants will increas the number of nurses graduating by 300 studentsd and add 20 faculty positions at nursing programs acrosss the state.
“The number of nurseas graduating from Maryland schools are simplynot enough,” said Ronald B. president of and co-chair of the “Who Will campaign at a press conference “We cannot take our eye off thenursingv demand.” The campaign’s goal is to add 1,50p new nursing students. The program has raised $15.5 million to date through the state’x business community, including funds from the Baltimorr constructionform , , the region's largesyt hospital system, and , the region's largest healtnh insurer.
Greater Baltimore Medical Center, for example, gave The goal is to raisse $20 million from the private sectorr by the end ofthe year, and then raisre an addition $40 million in local and federal funds. • • • • • ; and, • .
The grants, being divvied amonf 17 Marylandnursing schools, will be used to lure facultu and students, and improves technology at the universities. Maryland’sz nursing shortage is expectef toreach 10,000 by according to the . The curren t vacancy rate of nurses at state hospitals is8 percent. The economivc downturn has helped the industry because many retired nurses have come backto work, but once the recessio ends the shortage will worsen, said Carmelwa Coyle, CEO of the Maryland Hospital The first round of grants will increas the number of nurses graduating by 300 studentsd and add 20 faculty positions at nursing programs acrosss the state.
“The number of nurseas graduating from Maryland schools are simplynot enough,” said Ronald B. president of and co-chair of the “Who Will campaign at a press conference “We cannot take our eye off thenursingv demand.” The campaign’s goal is to add 1,50p new nursing students. The program has raised $15.5 million to date through the state’x business community, including funds from the Baltimorr constructionform , , the region's largesyt hospital system, and , the region's largest healtnh insurer.
Greater Baltimore Medical Center, for example, gave The goal is to raisse $20 million from the private sectorr by the end ofthe year, and then raisre an addition $40 million in local and federal funds. • • • • • ; and, • .
Sunday, December 19, 2010
Drama needed to jolt Americans into tackling debt - Financial Times
http://www.wh-auction.com/article/Ford-to-up-India-output-by-over-30-ahead-of-festive-season.html
Drama needed to jolt Americans into tackling debt Financial Times Why has Britain managed to boldly go into fiscal territory which the US has hitherto ducked? That is the $800bn question hanging ... |
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