During Tuesday's proceedings, senior advocate Kapil Sibal appearing on behalf of Standard Chartered Bank, a secured creditor of Essar Steel, said ArcelorMittal should not be allowed to add working capital to brighten up its final resolution plan.
Imagine you're in the market to buy a house. You've heard about various great neighborhoods from friends; at some point, you start dreaming about ...
Executive Summary: Over the years, the Texas Association of Public Employees Retirement Systems has called into question the objectivity of Pew Charitable Trusts' reports on public employee pensions. In sum, the organization has proven itself biased against defined benefit plans for police, firefighters, teachers, and state and municipal employees. Their May 2019 report, "Municipalities Grapple with Retirement System Shortfalls," is similarly biased in our opinion and should also be viewed skeptically with regards to Texas systems. This TEXPERS Backgrounder identifies problem areas in the Pew report with regards to the Texas pensions.
The following information accompanies a presentation Mike gave to members of the Arizona Commercial Mortgage Lenders Association (ACMLA) on March 12, 2019. Arizona Case Law - Property Tax Exemptions - R.O.I. Properties LLC v. Ford (AZ Court of...By: Ryley Carlock & Applewhite.
It looks like William Bishop found himself a nice treat after he sold his Blue Buffalo pet food company to General Mills for $8 billion last year. The trust of the founder and former CEO of the Connecticut-based company paid $6.4 million for a home in North Palm Beach, property records show. Phyllis Palmer sold the 4,345-square-foot home at 11656 Lake House Court to Bishop for $1,472 per square foot. Records show Palmer initially purchased ... [more]
PALM BEACH, Florida, May 21, 2019 /PRNewswire/ -- A recent industry report on the future of the CBD market, had higher than expected revenue figures than expected. An article focusing on northeastern U.S said: "Other owners of tens of thousands of acres of preserved agricultural land are...
May 22, 2019 5:00 AMSingapore's commercial property sector escaped the downturn that caught out every other major market in the region in the first quarter.
An artificial intelligence (AI)-driven predictive sales startup called People.ai has raised $60 million in a funding round, and has attracted some of the biggest-name investors around, according to a report by TechCrunch. The funding round was led by ICONIQ Capital, a VC that includes the office of Mark and Priscilla Zuckerberg, as well as Andreessen [...]
The American Bar Association's new standard could increase pressure on jurisdictions like California with high cut scores to lower that threshold. It could also add momentum to the burgeoning movement to overhaul the bar exam itself.
Hedge funds haven't been chasing the January rebound in U.S. equities on the heels of their worst year since 2011. According to Macro Risk Advisors, these big-money managers are acting much more like it's the aftermath of the 2008 financial crisis than the relatively low-volatility environment that's dominated for most of the past five years. The combination of hedge fund's implied equity exposure to the S&P 500 Index and associated trends in the options on that benchmark gauge reveals the extent of their risk aversion.