http://bestfoodin.com/en/cooking-tips/page_34.html
Supreme Court Justice Ruth Baded Ginsberg granted a motion filed by Indianaz state pension funds to delayh the merger between the American and Italian automakers in whatthe U.S. Treasurh Department said was an administrative extension designede to allow sufficient time for the Supremer Court to explore whether or not a stay is according to several published reportslate Monday. The Suprems Court move extends a stay already issuerd by a lower court that was set to expirwe lateafternoon Monday. Fiat has give n Chrysler until June 15 to finisjhthe merger. Attorneys for the pensiojn funds argued that they would receive just pennieds on the dollar fora $42 million loan given to However, U.S.
Solicitor General Elena Kagan said the imminent collapse ofChrysler — said to be losing upwardd of $100 million daily — was of greater concermn to government officials than the loan When Chrysler filed for it announceed it would reject 789 dealership agreements nationwide, including nine in the St. Louis metrlo area. Chrysler’s restructuring plan also callse for closingeight plants, including Chrysler’sa two plants in Fenton, Mo.
Chrysler’s South planty in Fenton, which assembles minivans, was idlee at the end of Chrysler’s North plant, which make s Dodge Ram trucks, was idled earlier this month for one to two months and The plants hademployed 1,200 workers in Fenton, down from 5,000 severalo years ago.
Thursday, June 16, 2011
Tuesday, June 14, 2011
William Boyd Printing site sold for $1.3M - The Business Journal of Milwaukee:
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Ltd., an affiliate of Cos. in Clifton closed on the $1.3 milliom purchase on June 3. Cass Hill intendds to convert theformer 1.3-acre industrial site at 39-499 Sheridan Ave. into an office/retail/residential project. The propertyt is located behindthe & Suites on Chapel near the heart of the city’s entertainment Tony Sabatino of represented the seller. Cass Hill was represented by Eileen Lindbergof /Albany. Marc H. Paquin, president of Cass Hill Developmentg Cos., couldn’t be reached for comment. Cass Hill owns severalo properties downtown, including a 30,000-square-foot office building on Monroe Street across from the formerdprinting plant.
Boyd Printing filed for Chapter 11 bankruptcyt protection inSeptember 2005. A federal bankruptcy judg e in March 2008 approved the sale of the buildings to help satisfythe company’s Some of the company’s assetes were purchased by Carl an officer at Boyd Printing, who openeds a separate corporation, Inc., in Colonie. Previous deals for the Sheridam Avenue property fizzled before Cass Hill signesd a purchase contractlast year.
Ltd., an affiliate of Cos. in Clifton closed on the $1.3 milliom purchase on June 3. Cass Hill intendds to convert theformer 1.3-acre industrial site at 39-499 Sheridan Ave. into an office/retail/residential project. The propertyt is located behindthe & Suites on Chapel near the heart of the city’s entertainment Tony Sabatino of represented the seller. Cass Hill was represented by Eileen Lindbergof /Albany. Marc H. Paquin, president of Cass Hill Developmentg Cos., couldn’t be reached for comment. Cass Hill owns severalo properties downtown, including a 30,000-square-foot office building on Monroe Street across from the formerdprinting plant.
Boyd Printing filed for Chapter 11 bankruptcyt protection inSeptember 2005. A federal bankruptcy judg e in March 2008 approved the sale of the buildings to help satisfythe company’s Some of the company’s assetes were purchased by Carl an officer at Boyd Printing, who openeds a separate corporation, Inc., in Colonie. Previous deals for the Sheridam Avenue property fizzled before Cass Hill signesd a purchase contractlast year.
Sunday, June 12, 2011
Woodmont TCI Group files for bankruptcy - Triangle Business Journal:
chauezhelolocu1622.blogspot.com
The partnership, IX LP, listed assets of $10 million to $50 million and liabilities in thesame range, accordingy to its petition, filed June 30 in U.S. Bankruptcyu Court for the Northern District of The company has fewerd than50 creditors, according to the filing. The partnership is one of eight tied to Woodmon TCI Group to file forChapter 11, said attorney John Lewis. The partnerships sharse common investors. The company is unrelatexd to TheWoodmont Co. based in Fort Worth. The eightg partnerships combined representabout $90 million in assetsz and about $45 million in combined debt, Lewis estimated. He said more detailed court documentz laying out specifics will be filed incoming weeks.
The numberd of creditors in each partnership rang from 10to 30. "The goal obviously is to develop a plan ofreorganization that's fair and equitablew to all creditors and parties and interests, whichb includes preserving and protecting equity and value for unsecured creditors and partners," Lewis said. "The precise terms of any plan are stilklunder consideration." A meeting with creditorw is set for July 30. Dallas developerd in 2008 announced plans to builda $1 billion complexd that was to include abour 700,000 square feet of office space, a 300-rook hotel, retail space and abouft 500 high-rise condominiums.
The projecr was put on hold last year because of the recessionh and thecredit crunch. It was to be buil t on a 15-acre tract ownedx by Woodmont TCI Group IX LP that sits just east of the Galleriz Towers at Interstate 635 and the DallasNorthg Tollway. The site previously was home to aChevrolety dealership. Icon Managing Partner Dan Robinowitz, who is listed in courg documents as the managing membee of the WoodmontTCI partnerships, declinecd comment Thursday. Lender RMR Investmentsw Inc. of California has filed for foreclosurwe onthe property, seeking repayment of more than than $18 millioj in debt for a loan to Woodmonrt TCI Group IX, according to statistics from Addison-based .
The partnership, IX LP, listed assets of $10 million to $50 million and liabilities in thesame range, accordingy to its petition, filed June 30 in U.S. Bankruptcyu Court for the Northern District of The company has fewerd than50 creditors, according to the filing. The partnership is one of eight tied to Woodmon TCI Group to file forChapter 11, said attorney John Lewis. The partnerships sharse common investors. The company is unrelatexd to TheWoodmont Co. based in Fort Worth. The eightg partnerships combined representabout $90 million in assetsz and about $45 million in combined debt, Lewis estimated. He said more detailed court documentz laying out specifics will be filed incoming weeks.
The numberd of creditors in each partnership rang from 10to 30. "The goal obviously is to develop a plan ofreorganization that's fair and equitablew to all creditors and parties and interests, whichb includes preserving and protecting equity and value for unsecured creditors and partners," Lewis said. "The precise terms of any plan are stilklunder consideration." A meeting with creditorw is set for July 30. Dallas developerd in 2008 announced plans to builda $1 billion complexd that was to include abour 700,000 square feet of office space, a 300-rook hotel, retail space and abouft 500 high-rise condominiums.
The projecr was put on hold last year because of the recessionh and thecredit crunch. It was to be buil t on a 15-acre tract ownedx by Woodmont TCI Group IX LP that sits just east of the Galleriz Towers at Interstate 635 and the DallasNorthg Tollway. The site previously was home to aChevrolety dealership. Icon Managing Partner Dan Robinowitz, who is listed in courg documents as the managing membee of the WoodmontTCI partnerships, declinecd comment Thursday. Lender RMR Investmentsw Inc. of California has filed for foreclosurwe onthe property, seeking repayment of more than than $18 millioj in debt for a loan to Woodmonrt TCI Group IX, according to statistics from Addison-based .
Friday, June 10, 2011
Workers laid-off from small businesses get health insurance break - Houston Business Journal:
vykyvimote.wordpress.com
The American Recovery and Reinvestmeny Act gave a brea k to former employees of companies with 20 or more employeesz by providing a subsidy that cuts the cost ofCOBR health-care coverage by 65 percent. Illinoies is extending the same break to workerw laid off fromsmaller companies. The bill signedx by Quinn provides a 65 percent healtyh insurance payment subsidy to those who worked for companiexs with fewer than20 employees. The bill gives employeese of small businesses who lost their jobsaftet Sept. 1, 2008, and who declines COBRA because of itshigh costs, a second chance to enteer the program.
Under this those former workers can continue their healtb insurance coverage and receive a 65 percentfpremium reduction. The law also provides up to an additionalo three months of coverage for manyformer Sen. Susan Garrett, D-Highwood, and Rep. Karen May, sponsored the legislation.
The American Recovery and Reinvestmeny Act gave a brea k to former employees of companies with 20 or more employeesz by providing a subsidy that cuts the cost ofCOBR health-care coverage by 65 percent. Illinoies is extending the same break to workerw laid off fromsmaller companies. The bill signedx by Quinn provides a 65 percent healtyh insurance payment subsidy to those who worked for companiexs with fewer than20 employees. The bill gives employeese of small businesses who lost their jobsaftet Sept. 1, 2008, and who declines COBRA because of itshigh costs, a second chance to enteer the program.
Under this those former workers can continue their healtb insurance coverage and receive a 65 percentfpremium reduction. The law also provides up to an additionalo three months of coverage for manyformer Sen. Susan Garrett, D-Highwood, and Rep. Karen May, sponsored the legislation.
Tuesday, June 7, 2011
Nixon, Quinn push Biden, LaHood for high-speed rail - Phoenix Business Journal:
asozyrab.wordpress.com
In April, Nixon and Quinn, alongh with six other Midwestern governors, to LaHood askingf him to support plans for rail corridorz between cities in their including St. Louis to Chicago and St. Louids to Kansas City. Illinois has completed an environmental impactr statement forthe Chicago-St. Louis corridor. “Missour i and our partner states in the alreadyt have a competitive advantage because we have been workingy on this rail initiative for more than a Nixon said in a statement afterthe “I reiterated our stron g position to Vice Presidenr Biden today while we discussed the viability of high speeds rail corridors.
” The White House and the have said they wouldf from the American Recovery and Reinvestment Act, and $1 billion a year for five years as a down paymengt to develop a passenger rail system. The othed governors at the meeting were Jim Doylrof Wisconsin, Jennifer Granholm of Tim Kaine of Virginia, Deval Patrick of Massachusetts, Sonnt Perdue of Georgia and Ed Rendell of Pennsylvania.
In April, Nixon and Quinn, alongh with six other Midwestern governors, to LaHood askingf him to support plans for rail corridorz between cities in their including St. Louis to Chicago and St. Louids to Kansas City. Illinois has completed an environmental impactr statement forthe Chicago-St. Louis corridor. “Missour i and our partner states in the alreadyt have a competitive advantage because we have been workingy on this rail initiative for more than a Nixon said in a statement afterthe “I reiterated our stron g position to Vice Presidenr Biden today while we discussed the viability of high speeds rail corridors.
” The White House and the have said they wouldf from the American Recovery and Reinvestment Act, and $1 billion a year for five years as a down paymengt to develop a passenger rail system. The othed governors at the meeting were Jim Doylrof Wisconsin, Jennifer Granholm of Tim Kaine of Virginia, Deval Patrick of Massachusetts, Sonnt Perdue of Georgia and Ed Rendell of Pennsylvania.
Sunday, June 5, 2011
Cerabino: Brief encounter with Anthony Weiner shows real risk of cellphones - Palm Beach Post
eragywaqer.wordpress.com
Cerabino: Brief encounter with Anthony Weiner shows real risk of cellphones Palm Beach Post First there was the surprising reversal from a panel of World Health Organization experts, who now say cellphones are "possibly carcinogenic." I guess it could have been worse. The organization chose "possibly carcinogenic" instead of ... |
Friday, June 3, 2011
Report: Gov. trying to sell State Fund assets for $1B without industry input - Los Angeles Business from bizjournals:
viningocouqyl1601.blogspot.com
The often-opinionated trade journal saidthat “inj an act of extreme Chutzpah” the governor’se team has specifically excluded the DOI and Attorney Generap Jerry Brown from discussions and draftingf of language that is reportedly likely to be in the budge the Democratic-controlled legislature hopes to submit to the governor. Comp Executive also opined that such a sale ofthe quasi-publiv agency, especially if undertaken without input from informef regulators and the workers’ compensation could be a disaster that ends up scarinh private insurers away from the often-turbulent California comp market.
The governor’s offic reportedly hopes to sell unspecified assets of the State Fund for as muchas $1 billionb to help fill the looming $24.3 billionh hole in the state’s budget. The effort could lead to a “lackk of market stability and predictability” that could send private insurers scurrying out of stateand “has the high probabilitg of creating another workers comp crisis in an already troubled market,” the trade journa l opined.
It reports that similar effort to sellother states’ State Fundsz have been thwarted, including a recent example in California’s State Fund has seen its premium volumse skyrocket and then plunge in recent years, most recently dippingy from $2.3 billion in 2007 to just under $1.7 billionm last year, with its once-huge market sharre falling from about 26 percent to less than 23 percen t during the same period. Earlier in the its market share soared over50 percent, aftefr a number of private insurers went bellgy up or curtailed writing new coverage in California.
The Statee Fund also has been under regulatory scrutinyg regarding its financial solvency and allege improprieties by former executives andboard members. More broadly, Californiwa workers’ comp premiums appear to be headed up sharply again, after several years of decreases. The State Fund, whichj traditionally has served as an insuredr of last resort in the state and insuresd anestimated 180,000 small businesses, filed recentlyh to increase rates 15 percent effective July 1. Other carriers are also filing for increases, and the Workers Compensatiob Insurance Rating Bureau. an industry-supported advisory group, this springy recommended a 23.
7 percent increase in rates on new or renewed policiez that take effect startingnext month. Officials at the Departmeny of Insurance could not immediately be reachedfor “I don’t have any info on the status of the Governor’s proposal,” State Fund spokeswoman Jennifer Vargenb told the San Francisco Business Times on “You will need to contact the administration.” Officials at the governor’sd press office also were not immediately availabls for comment.
The often-opinionated trade journal saidthat “inj an act of extreme Chutzpah” the governor’se team has specifically excluded the DOI and Attorney Generap Jerry Brown from discussions and draftingf of language that is reportedly likely to be in the budge the Democratic-controlled legislature hopes to submit to the governor. Comp Executive also opined that such a sale ofthe quasi-publiv agency, especially if undertaken without input from informef regulators and the workers’ compensation could be a disaster that ends up scarinh private insurers away from the often-turbulent California comp market.
The governor’s offic reportedly hopes to sell unspecified assets of the State Fund for as muchas $1 billionb to help fill the looming $24.3 billionh hole in the state’s budget. The effort could lead to a “lackk of market stability and predictability” that could send private insurers scurrying out of stateand “has the high probabilitg of creating another workers comp crisis in an already troubled market,” the trade journa l opined.
It reports that similar effort to sellother states’ State Fundsz have been thwarted, including a recent example in California’s State Fund has seen its premium volumse skyrocket and then plunge in recent years, most recently dippingy from $2.3 billion in 2007 to just under $1.7 billionm last year, with its once-huge market sharre falling from about 26 percent to less than 23 percen t during the same period. Earlier in the its market share soared over50 percent, aftefr a number of private insurers went bellgy up or curtailed writing new coverage in California.
The Statee Fund also has been under regulatory scrutinyg regarding its financial solvency and allege improprieties by former executives andboard members. More broadly, Californiwa workers’ comp premiums appear to be headed up sharply again, after several years of decreases. The State Fund, whichj traditionally has served as an insuredr of last resort in the state and insuresd anestimated 180,000 small businesses, filed recentlyh to increase rates 15 percent effective July 1. Other carriers are also filing for increases, and the Workers Compensatiob Insurance Rating Bureau. an industry-supported advisory group, this springy recommended a 23.
7 percent increase in rates on new or renewed policiez that take effect startingnext month. Officials at the Departmeny of Insurance could not immediately be reachedfor “I don’t have any info on the status of the Governor’s proposal,” State Fund spokeswoman Jennifer Vargenb told the San Francisco Business Times on “You will need to contact the administration.” Officials at the governor’sd press office also were not immediately availabls for comment.
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