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Rugby World Cup 2015 – Webb Ellis Cup hand over ceremony in Dublin

first_imgWednesday Nov 20, 2013 Rugby World Cup 2015 – Webb Ellis Cup hand over ceremony in Dublin RWC 2011 winning captain Richie McCaw handed over the Webb Ellis Cup to Rugby World Cup Limited Chairman Bernard Lapasset during an official trophy handover ceremony in Dublin earlier this week. The trophy will be used for promotions ahead of the 2015 RWC.McCaw held aloft the Cup just over two years ago at Eden Park after the All Blacks beat France 8-7 to end a 24-year wait for a second RWC success and in the two years since the trophy has toured New Zealand and allowed thousands of fans to get up close to it.Last year the Great Rugby Road Trip took the Webb Ellis Cup to 41 towns and cities from the far north to the deep south of the country.The Cup recently embarked on another epic journey with Rugby World Cup 2015 Official Logistics Partner DHL, leaving New Zealand and stopping off in the three other countries to have lifted to trophy before arriving in Ireland on Sunday.“It is a funny old thing to hand it back, but I think every time I see the Cup I always get reminded of the amount of energy and what you have got to put in to winning the thing,” McCaw said.“Looking forward to 2015 it will take the same amount of that type of work and attitude and everything coming together and you have got to be prepared to do that if you want to win it again. “Having to hand it back I think that has probably been a reminder to myself what happens in two years’ time as a lot of work needs to go in again,” he added. <mce:script language=’JavaScript1.1′ mce_src=”;abr=!ie;sz=400×80;ord=[timestamp]”> </mce:script> <NOSCRIPT> <A HREF=”;abr=!ie4;abr=!ie5;sz=400×80;ord=[timestamp]?” mce_HREF=”;abr=!ie4;abr=!ie5;sz=400×80;ord=[timestamp]”> <IMG SRC=”;abr=!ie4;abr=!ie5;sz=400×80;ord=[timestamp]?” mce_SRC=”;abr=!ie4;abr=!ie5;sz=400×80;ord=[timestamp]” BORDER=0 WIDTH=400 HEIGHT=80 ALT=”Advertisement”></A> </NOSCRIPT> ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error All Blacks Related Articles 40 WEEKS AGO North vs South should be a permanent fixture… 40 WEEKS AGO Barrett could easily end up on All Blacks… 42 WEEKS AGO Future All Blacks? Here are the standout… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Times names rich of Northern Ireland

first_imgDr Allen McClay in third place with wealth estimated at £255 million has been a big contributor to Queen’s University in Belfast. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Times names rich of Northern Ireland Howard Lake | 29 August 2005 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.center_img The new Sunday Times Rich List has identified 50 of Northern Ireland’s richest people in its latest listing. The total estimated wealth of Irish people who make the list is nearly £30 billion. Topping the list is Sean Quinn from Fermanagh who is estimated to be worth £810 million. Second, but way behind Quinn, is Edward Haughey who owns Norbrook, an animal pharmaceutical business. Wealth from pharmaceuticals and property/construction form a large part of the list, with one company, now trading as Warner Chillcot, providing three of the top names. Advertisement Tagged with: Ireland  22 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

The Democratic Party and the national question

first_imgWith the Aug. 11 announcement of California Sen. Kamala Harris’s nomination for the Democratic Party’s vice presidential candidate, WW is reprinting excerpts from the July 25, 2019, article, “A revolutionary understanding of the national question — In defense of the squad.” ( In response to Trump’s xenophobic attack on Harris, New York City Congressional Rep. Alexandria Ocasio-Cortez stated in an Aug. 13 tweet: “White supremacy is a belief system based on the idea that ppl of color, esp Black ppl, are fundamentally illegitimate as equal citizens or human beings. Calling into question the citizenship of elected officials of color, esp when the answer is obvious, is one way it manifests.” The Joe Biden-Kamala Harris nomination is an attempt to resuscitate the Democratic Party in the eyes of the masses.  Monica Moorehead at Free Palestine demonstration, November 2014.This talk will not give a blow-by-blow account of all the attacks that racist Trump has made against the four progressive congresswomen of color — Reps. Ilhan Omar, Alexandria Ocasio-Cortez, Ayanna Pressley and Rashida Tlaib — known as “The Squad.”  But these four congresspeople symbolically represent the global working class, despite their political affiliation and loyalty to the Democratic Party.  The fact that their respective nationalities — Somali, Puerto Rican, Black and Palestinian — represent millions of oppressed peoples globally is an inspiration to the movement for revolutionary change. In the end, these racist attacks are not isolated from attacks on the global working class, which include workers and oppressed of all nationalities and oppressed genders and gender expressions who are super-exploited and super-oppressed by the same bosses and bankers. Whatever form the struggle against racism may take — in a bourgeois arena like electoral politics or outside that arena — as revolutionary socialists we must be prepared to take on the fight against racism whenever and however it rears its ugly head. This is because of the historical, theoretical and practical significance of the national question and its relationship to the class struggle. National oppression as a theoretical, practical conceptNational oppression is a concept that Vladimir Lenin expounded in “Imperialism: The Highest Stage of Capitalism.” He explained that nations of peoples — be they of African descent, Latinx, Indigenous, Arab, etc. —  are super-exploited, along with the resources of their homelands, by the richest capitalist countries. This expands the wealth and territory of the small class of billionaires who own the banks and corporations. This is how the world is divided into oppressed nations and oppressor nations.As a young Black woman raised in the apartheid South, I was radicalized by the struggle to smash white supremacy during the era of the Black Panther Party and the Attica prison rebellion (1966-71).  However, it was the unwavering theoretical position of Workers World Party Chairperson Sam Marcy regarding the defense of oppressed nations as central to class unity that won me to revolutionary Marxism.Marcy wrote the article titled “The right of self-determination and the class struggle” in November 1983. He said,  “Of all the great domestic political problems facing the working class and the oppressed people, none surpasses in importance the relationship of national oppression to the class struggle.  Indeed, one may say that it is at the heart of the basic social problem in the United States. It touches every form of social existence, and no sector of society is free from it.“For Marxists in particular it is the acid test of the correctness of their general political program. It is also a test of the revolutionary integrity of the party, in particular as this is manifested in day to day practical application. Probably nowhere else is theory so severely tested by practice as in the field of the national question.”Marcy’s emphasis on socialists putting their theoretical understanding of the national question into practical application is critical, because to fail to do so does more harm to prosecuting the class struggle.  Marcy timed the writing of the 1983 article to meet the acid test of the first presidential campaign of the Civil Rights leader, the Rev. Jesse Jackson. His campaign was challenging the racism of the Democratic Party leadership, the Democratic National Committee, notwithstanding that the mass base of that party has many Black and Brown people, then and now. For Workers World Party, we viewed the significance of the Jackson campaign beyond its form within the Democratic Party organization. In its essence, the Jackson campaign was a catalyst for Black and other oppressed nationalities to complete the unfinished bourgeois democratic revolution by extending and winning full social rights for Black people and other disenfranchised sectors of our class. The Squad and the struggle against national oppressionWhile we all know that the Democratic Party is as much a party of big business, war and racism as the Republican Party, The Squad’s politics in general are to the left of the party they belong to. These congresspeople defend the rights of migrants, including calling for abolishing Immigration and Customs Enforcement and closing down the detention centers, uplifting the rights of the Palestinian people to return to their homeland, supporting Medicare for all, deploring Trump’s attempts to cut over 3 million more people off the Supplemental Nutrition Assistance Program and generally support Black Lives Matter and more. But the Democratic Party leadership fears a mass mobilization in the streets that would become more independent, move more and more to the left and be driven to militancy. We must continue to defend The Squad — or any other prominent figures, politicians or not, attacked by racists. We must also continue to distinguish that defense from any endorsement of the two major bourgeois parties, which will do and say anything to occupy the White House, Congress and other capitalist institutions that administer class rule. We must continue to organize and unite to shut down the camps, to shut down mass incarceration, to shut down police brutality, to shut down all forms of white  supremacy. This can all lead to a complete shutdown of capitalism — toward realizing a socialist future.  Build international solidarity! Build a Workers World!Moorehead was the 2016 presidential candidate for Workers World Party. FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Honeycutt claims strong support, wins SGA top spot

first_imgMarissa Stacy printUpdated with statements from the officers at 8:27 p.m.TCU students elected the first Black student body president in today’s Student Government Association election.Lau’Rent Honeycutt is the new student body president (Heesoo Yang/Staff Photographer)Lau’Rent Honeycutt, junior marketing major, won the student body president election and will take over after graduation. He won with 61.06% of the votes in today’s election. His competitor, Liliana Ogden, junior economics and finance dual-degree, won 38.94% of the votes today.Honeycutt won on the promises of introducing a book swap program for students, finding a way to increase applicant diversity, creating a scholarship fund to help students apply for the next phase of education, increase Horned Frog pride and begin new traditions as a school and work to prepare students for their post-college life. “I am going to meet with Professor Ann Tasby in the Office of Inclusion Excellence and find ways to promote diversity not only in the Neeley School of Business, but also across campus,” Honeycutt said.Catherine Cunningham is the new student body vice president (Heesoo Yang/Staff Photographer)The new student body vice president is Catherine Cunningham, sophomore political science and English double major. After advancing past the primary election on Wednesday, Cunningham received 54.2% of the vote total.“I stated crying,” Cunningham said. “I was honestly so deep in shock that I didn’t realize what happened.”While student body vice president Cunningham promised to increase the location of places students can use Frog Bucks, make [email protected] more visible to students, create more tangible resources for students to improve mental health on-campus and have a more empathetic campus community through having difficult conversations.Court Putnam is the new student body treasurer (Heesoo Yang/Staff Photographer)Court Putnam, sophomore finance and accounting double major, is the newly elected student body treasurer. He received 54.99% of the vote.“My first act will be to work with student organizations to expand their funding,” Putnam said.Putnam during his time as student body treasurer promised to expand his role and student benefits, revamp the FrogSaver app and keep students more aware of free products offered through TCU. Linkedin COVID-19 vaccination site at TCU opens for second weekend Marissa Stacy TCU places second in the National Student Advertising Competition, the highest in school history The elected student body officers (Heesoo Yang/Staff Photographer) Welcome TCU Class of 2025 + posts World Oceans Day shines spotlight on marine plastic pollution Twitter TCU News Now 3/3/2021 TCU campus reopens Saturday, classes to resume Monday Facebook ReddIt Marissa Stacy Student body officer candidates talk campus issues in first-ever live debate Facebook Marissa Stacy is a journalism major from Indianapolis, Indiana. Marissa enjoys traveling to new places, spending time with friends and finding great places to eat around Fort Worth. Marissa Stacy Previous articleFirst TCU spring game since 2018 gets fans primed for a highly-anticipated fallNext articleHoroscope: April 17, 2021 Marissa Stacy RELATED ARTICLESMORE FROM AUTHOR Marissa Stacy Linkedin Twitter ReddItlast_img read more

Fed Will Proceed With Caution on Future Rate Increases

first_img Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. Subscribe January 14, 2016 1,253 Views in Daily Dose, Featured, Government, News Previous: Will Recent Changes Turn Around JPMorgan’s Mortgage Banking Fortunes? Next: Goldman Sachs Agrees to Pay $5 Billion to Settle RMBS Claims Boston Fed President Eric Rosengren stated in an address at the Greater Boston Chamber of Commerce that the Fed’s recent raising of the federal funds target rate was a milestone, but at the same time, he indicated that future rate increases were likely to be gradual and that it will be important to carefully manage risks to the economy.Rosengren noted that he hopes further normalization is appropriate, but at the same time the “gradual” approach to raising the rates reflects the current economic landscape. Inflation remains well below the Fed’s 2 percent target rate, stock markets have been weak in other parts of the world, oil and commodity prices have been weak, and GDP growth for the U.S. in the fourth quarter has been slow. On the positive side, Rosengren noted the monthly average of 284,000 jobs added in the last quarter of 2015, including the 292,000 added in December.Further rate increases will be determined by incoming economic data and how policymakers view that data, he said.“While monetary policy should not overreact to short-term, temporary fluctuations in financial markets, policy makers should take seriously the potential downside risks to their economic forecasts,” Rosengren said.Rosengren called the economic recovery “painfully slow” since the recession while noting that improvements to the economy in the last year provided the conditions necessary for the Fed to remove some of the “extraordinary monetary policy accommodation” put in place as a necessary, appropriate, and effective response to the crisis and recession. The Fed’s raising of the rates in December was the first short-term rate increase since the Great Recession. Rates remain well below their pre-crisis levels, however; Rosengren stated that the Federal Open Market Committee “expects that economic conditions will evolve in a manner that will warrant only gradual increases in the federal funds rate.”Click here to read the full text of Rosengren’s speech. Servicers Navigate the Post-Pandemic World 2 days ago Sign up for DS News Daily Tagged with: Boston Fed Federal Funds Target Rate Federal Reserve Short-Term Interest Rates U.S. Economy The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Related Articles Demand Propels Home Prices Upward 2 days ago About Author: Brian Honea Servicers Navigate the Post-Pandemic World 2 days ago Fed Will Proceed With Caution on Future Rate Increases  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Boston Fed Federal Funds Target Rate Federal Reserve Short-Term Interest Rates U.S. Economy 2016-01-14 Brian Honea Data Provider Black Knight to Acquire Top of Mind 2 days ago Home / Daily Dose / Fed Will Proceed With Caution on Future Rate Increases Data Provider Black Knight to Acquire Top of Mind 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Share Save The Best Markets For Residential Property Investors 2 days agolast_img read more

‘Akbar Went After Ramani As She Was A Soft Target & Did Not Go After Other Women As He Was Afraid’ : Rebecca John Argues On Final Day

first_imgNews Updates’Akbar Went After Ramani As She Was A Soft Target & Did Not Go After Other Women As He Was Afraid’ : Rebecca John Argues On Final Day Nupur Thapliyal1 Feb 2021 8:37 AMShare This – xThe Court has reserved judgment for February 10A Delhi Court on Monday reserved judgment in the criminal defamation case filed by former Union Minister Mr. M.J. Akbar against journalist Priya Ramani. Additional Chief Metropolitan Magistrate, Ravindra Kumar Pandey will deliver the judgment on 10th February 2021 at 2:30 PM in a physical court, in the presence of both the parties. The long courtroom battle in the matter was finally put on…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginA Delhi Court on Monday reserved judgment in the criminal defamation case filed by former Union Minister Mr. M.J. Akbar against journalist Priya Ramani. Additional Chief Metropolitan Magistrate, Ravindra Kumar Pandey will deliver the judgment on 10th February 2021 at 2:30 PM in a physical court, in the presence of both the parties. The long courtroom battle in the matter was finally put on hold after Senior Advocate Rebecca John concluded her rebuttal arguments today. Earlier, Senior Advocate Geeta Luthra had concluded her rebuttal arguments representing the complainant in the matter. The main crux of today’s hearing involved Ms. John refuting three major arguments put forth by Ms. Luthra in her rebuttal. First, on the issue of alternative defence of public good; Second, on the alleged tampering of evidence by the deletion of her twitter account and Third, on discharging the burden of proof. Ms. Rebecca John began her arguments by submitting that the tweet made by Ms. Ramani about Mr. Akbar’s resignation as Union Minister in 2018 has got nothing to the defence taken by her in relation to the events that happened in 1993. Moreover, she went ahead to argue that the rest of the tweet saying “Men in high positions who commit acts of sexual harassment at workplace” was in fact made in public good representing a larger picture. “The rest of the tweet falls within my defense of public good. It cannot be anyone’s case that men in high positions are entitled to sexually harass their subordinates.” She submitted. Thereafter, she went ahead to argue that the onus of proof on the accused to exercise due care and caution was a limited one. “The onus on me is only the onus of due care of caution to be exercised by a “reasonable man” in “reasonable circumstances”. It is not a full proof or thread bare onus which requires me to call the Ministry of External Affairs or PRO.” John said. John also said that Akbar was following a “selective prosecution”  by filing a criminal defamation case only against Priya Ramani while leaving other women like Ghazala Wahab and Pallavi Gogoi who had levelled graver charges of sexual harassment and rape respectively against him. John submitted “Isn’t that a graver charge for criminal defamation? Why Ms. Priya Ramani? You have the right to pick and chose but you need to prove it to the court that this was done due to x and y reasons. Mr. Akbar went after Ms. Ramani as she was a soft target and did not go after other women because he was afraid.” In view of this, John argued that such selective prosecution leads to a chilling effect on other women to come forward to speak about sexual harassment committed to them at their workplace. “His only objective was to silence Ms. Ramani and other women so that they couldn’t get appropriate relief from the court.” John argued. Thereafter, addressing the issue of alleged tampering of evidence by deletion of twitter account, Ms. John submitted that Ms. Priya Ramani had not deleted but only deactivated her account. It was a private relationship between Twitter and the user, Ms. Ramani. It was also argued that the complainant had neither filed any application nor had the court compelled her to reactivate her account while the proceedings were going on. Ms. John concluded her rebuttal arguments by addressing the final issue of onus of proof which was passionately argued by Ms. Luthra in her rebuttal. John relied on the judgment of the Pepsu High Court in the case of TG Goswami v. State dated 03.03.1952 reiterating the principle of standard of proof in defamation cases. “The onus of proving the case beyond reasonable man is on them and not me. I have proved my case on the basis of preponderance of probabilities. This is not the case of no evidence. It is the case of overwhelming evidence which favors the accused. I have brought affirmative evidence (DW1 and DW3) to contest complainant’s reputation.” She argued. Ms. John concluded her arguments by submitting that the arguments put forth by Ms. Luthra on behalf of the complainant are “farcical and devoid of any merit” and therefore requested the court to acquit Ms. Ramani in the matter. ACMM Ravindra Kumar Pandey while reserving the date of judgment for 10th February 2021 asked the parties to file additional written statements within 4 days if they so desire. Live Court Room Updates can be read here: Next Storylast_img read more

… in brief

first_imgThis month’s news in brief Trailblazers announced Minister for adult skills John Healey has revealed the five trailblazerSector Skills Councils which start work this month. The 72 current NTOs will cease to exist in April, to be replaced by approximately25 larger, more powerful Sector Skills Councils licensed by Government. The”trailblazers” will inform government policy on establishing the fullSSC network and its remit. Among the five is media organisation Skillset, which has had the fullsupport of its profession. “Employers, unions and industry organisationsthrew their weight behind the bid,” said chair of Skillset Bob Nelson. The other four are taken from the land based industries, petrochemicals,retail, apparel, footwear and textile sectors. See Talking Points page 6 and Close up on Skillset’s Kate O’Connor page 33 Behavioural skills win A major behavioural skills programme introduced by Co-operative BankFinancial Advisers has helped it win a National Training Award. “Thetraining programme used language and behaviour profiles, helping advisers tofirstly understand their own natural preferences for processing information andbuilding relationships and secondly those of their clients,” said CBFAtraining and competence manager Marilyn Radford. Development network The best training teams increasingly use “learning” rather than”training” in their title and may involve internal consultancy aswell as training in their remit. This was one of the conclusions reached at theinaugural meeting of the Industrial Society’s Learning and Development Network.A cross-section of the training community with a strong interest in bestpractice, including the participants and winners in last year’s TrainingMagazine TD2001 Award, also discussed how the best organisations communicate asmall number of key priorities throughout the business which in turn provide aframework for training. The next meeting of the Network is on 30 January. For more informationcontact the Industrial Society’s Julie Amber on 020-7479 1000. Comments are closed. … in briefOn 1 Jan 2002 in Personnel Today Related posts:No related photos. Previous Article Next Articlelast_img read more

Nonmarine sedimentation in an Early Cretaceous extensional continental-margin arc, Byers Peninsula, Livingston Island, South Shetland Islands

first_imgUpper Jurassic-Lower Cretaceous rocks of the Byers Group, exposed on Byers Peninsula, Livingston Island, record the expansion of Gondwana-margin continental-arc facies into a marine intra-arc basin. At least 1.3 km of marine clastic rocks are overlain by about 1.4 km of Lower Cretaceous nonmarine volcaniclastic strata assigned to the Cerro Negro Formation. The base of the nonmarine succession is marked by a low-angle unconformity. The lower 200-240 m is largely pale green- and gray-weathering, and consists mainly of welded and nonwelded silicic ignimbrites, with subordinate reworked silicic tuffs and ignimbritic conglomerates. A change in color to dark red-purple at the top of this interval broadly coincides with a change to a largely basaltic-intermediate provenance. The rest of the succession consists mainly of poorly sorted lithic lapilli-tuffs and tuffaceous breccias largely interpreted as debris-flow and flood-flow deposits. It also includes two welded silicic ignimbrite units rich in basaltic clasts, and is considered to represent a volcaniclastic apron flanking one or more basaltic andesite stratovolcanoes. Though it is dominated by syneruption deposits, this upper division also includes laterally impersistent, subsidence-driven inter-eruption facies, including basaltic conglomerates deposited in incised fluvial channels, minor lacustrine intervals, and rare paleosols. A thicker (100 m), peninsula-wide, mudstone/sandstone-dominated horizon represents a more extended period of inter-eruption deposition, during which the area was the site of a substantial lake. Throughout the Cerro Negro Formation, thickness and facies changes provide evidence of synsedimentary displacement across a series of ENE-trending normal faults, most with downthrow to the south. In the upper part of the formation, resulting differential subsidence led to southward thickening accompanied by increased preservation of inter-eruption facies, and on a smaller scale, trapping of a fluvial channel against the footwall of a synsedimentary fault. This tectonism appears to form part of an Early Cretaceous episode of arc-perpendicular extension well documented elsewhere in the Antarctic Peninsula region.last_img read more

Hunters senior team to enjoy £9.5 million pay day after TPFG acquisition

first_imgHome » News » Agencies & People » Hunters senior team to enjoy £9.5 million pay day after TPFG acquisition previous nextAgencies & PeopleHunters senior team to enjoy £9.5 million pay day after TPFG acquisitionFive members of its board, along with former Saracens chairman Nigel Wray, are to share the cash pay-out once purchase goes ahead.Nigel Lewis1st February 202102,858 Views Friday’s announcement that The Property Franchise Group (TPFG) is to buy rival Hunters will mean a significant pay day for the directors of Hunters.This includes the five members of its board who are also major shareholders, all with more than 3% of the company’s stock.The biggest pay day will be for businessman Nigel Wray (left), who invested in the company prior to its flotation in June 2015 and who, like the other shareholders, will receive 42p per share in cash.He holds 5.7 million shares in Hunters, so he’ll be expecting a cheque for £2.41 million. This is in addition to the 950,000 TPFG shares he will also receive as part of the deal, which at the current TPFG share price are worth £1.65 million.The other shareholders will receive similar deals or cash and shares. These include chairman and MP Kevin Hollinrake (above, third from left), who will get £1.88 million in cash, co-founder John Waterhouse (£1.78 million), CFO Ed Jones (£1.74 million), sales chief Martin Robinson (£881,400) and CEO Glynis Frew (828,400).The offer represents a 24% premium on Hunters’ share price on December 3rd last year, when TPFG – which owns the Martin & Co and Ewemove national brands – made its first move to buy Hunters.Richard Martin, TPFG’s Non-Executive Chairman, said, “Hunters, with its reputable brand, experienced management team, trusted franchisees and strength in residential sales, is complementary to our current offering. The Acquisition will enable us to continue to grow in the sector and, ultimately, deliver greater value to shareholders.”John Waterhouse Nigel Wray Martin Robinson Martin & Co glynis Frew CEO Kevin Hollinrake Hunters TPFG February 1, 2021Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021last_img read more

COA holds that arbitration exclusion applies to State Farm case

first_imgOlivia Covington for www.theindianalawyer.comThe Indiana Court of Appeals affirmed summary judgment in favor of State Farm Insurance Tuesday, writing that the appellants in the case could not compel arbitration due to an exception in the arbitration agreement it signed with the insurance company.In Watts Water Technologies, Inc. v. State Farm Fire & Casualty Co. a/s/o Richard Lucka, 45A04-1604-CT-831, Watts Water Technologies and State Farm Fire & Casualty Co. were signatories to a property subrogation arbitration agreement which provided, in part, that the signatories must forgo litigation and submit any claims to Arbitration Forums Inc.In November 2014, Arbitration Forums informed the parties that effective Jan. 1, 2015, the agreement would be amended to require that, “No company shall be required, without its written consent, to arbitrate any claim or suit if: (i) it is a product liability claim arising from an alleged defective product.”In July 2015, State Farm, as subrogee of Richard Lucka, filed a complaint alleging that Lucka purchased a water heater with a Watts brand connector, which failed on Nov. 30, 2014, and caused water damage to his home and property. Watts moved to dismiss or stay proceeding and compel arbitration, but the Lake Superior Court denied that motion based on the amendment to the arbitration agreement.Watts appealed, arguing that the amended agreement did not terminate its right to arbitrate State Farm’s property subrogation claim that accrued prior to Jan. 1, 2015. Further, Watts argued on appeal that State Farm is collaterally estopped from re-litigating the issue of whether the agreement in effect when its claim accrued governs the arbitrability of the claim and that State Farm did not allege a product liability claim subject to the product liability exclusion.State Farm, however, argued that the amendment made the date of filing determinative, not whether a party could have filed in 2014 or earlier.The Indiana Court of Appeals disagreed with Watts, writing that Arbitration Forum’s notice of the amendment was not extrinsic and that it did have the authority to amendment the agreement.Further, Judge Elaine Brown, writing for the unanimous panel, pointed out that the amended agreement stated, “While the use of the Property Program to resolve disputes involving product liability claims arising from an alleged defective product will no longer be compulsory as of January 1, 2015, cases filed prior to January 1, 2015 will remain in arbitration’s jurisdiction and will be processed to hearing.” Such language shows that the filing date is determinative, so State Farm’s claim against Watts, filed July 23, 2015, is not subject to compulsory arbitration, Brown wrote.In regard to Watts’ argument that State Farm is collaterally estopped from re-litigating the issue of whether the agreement in effect governs whether a claim can be arbitrated, Brown wrote that under the circumstances, Watts could not fairly use collateral estoppel because the various trial court orders from other states that the parties cited each produce different results.Finally, the appellate panel found that State Farm’s claims on behalf of Lucka did fall into the exclusion to arbitration laid out in the amended agreement.FacebookTwitterCopy LinkEmailSharelast_img read more