https://the-looser-it-s-me.net Top News Thu, 30 Aug 2012 03:14:52 -0400 en https://the-looser-it-s-me.net/story/svl-sued-again-by-epsilon--cafemom https://the-looser-it-s-me.net/story/svl-sued-again-by-epsilon--cafemom Thu, 30 Aug 2012 03:14:52 -0400 enormanier https://the-looser-it-s-me.net/story/svl-sued-again-by-epsilon--cafemom
SVL said Tuesday that the parties are trying to relitigate an issue that has already been settled by the Jamaican courts in the lottery company's favour.

SVL disclosed Tuesday that it has been named as a defendant in the suit brought by Talisman Capital Alternative Investment Fund Limited, a workout lender, and EGE Limited, a special purpose vehicle created to own stocks and shares. Both companies are registered in the BritishVirgin Islands.

Brian George, chief executive officer of SVL, said it was a little early to elaborate on the implications of the lawsuit.

"We got notice of this recently and did our duty of advising the Stock Exchange. We have retained a US lawyer to evaluate and advise us on the matter, which is now in process," said George.

SVL and its founding directors were first sued by EGE - then Epsilon Global Equities Limited - back in December 2008. The company claimed then that SVL reneged on an agreement for the forward sale of shares to Epsilon reached prior to a private placement done by the lottery company in mid-2005, and that the lottery company was also indebted to it.

SVL later went public early in 2006.

Supreme Ventures countered that it had discharged the debt on October 31, 2005 from funds raised from the private placement. Confident of victory, the company made no provisions for the lawsuit.

SVL did not say how the bankruptcy filing by Paul G. Mouttet, a former director of SVL who resigned from the board in June 2007, could have been used to reimplicate the company.

George said he would make no declarations until a full assessment has been done by the company's US legal team and its auditors.

SVL's filing to the Jamaica Stock Exchange was dismissive of Talisman's and EGE's claims, which it said were without merit.

"This suit makes several claims against SVL in connection with Mr Paul Mouttet that SVL finds baseless," said the SVL statement.

"The connected suit by EGE Limited (previously known as Epsilon Global Equities) is an attempt by EGE to retry a matter related to two forward sale of shares agreements between the founding shareholders of SVL and Epsilon Global Master Fund and several Epsilon related entities."

The initial court case was decided by Justice Jones on January 21, 2011. Epsilon's application for an injunction pending the hearing of an appeal of Jones' ruling was denied on November 18, 2011 by Justice Harris of the Jamaican Appeal Court, said SVL.

The lottery company said it expects to be as successful defending against the lawsuit in Florida and it was in the Jamaican courts.

SVL's founders include Paul Hoo, SVL chairman, Ian Levy, and the late Peter Stewart, whose widow Janette Stewart now controls his holdings.

SVL is now owned 49 per cent by Greek company Intralot Caribbean Ventures Limited.

tags: epsilon capital management, SVL Sued Again By Epsilon

1 Vote(s) ]]> https://the-looser-it-s-me.net/story/epsilon-capital-management-s-first-quarter-european--emerging-economic-round-up--wordpress-cafemom https://the-looser-it-s-me.net/story/epsilon-capital-management-s-first-quarter-european--emerging-economic-round-up--wordpress-cafemom Thu, 30 Aug 2012 02:56:18 -0400 enormanier https://the-looser-it-s-me.net/story/epsilon-capital-management-s-first-quarter-european--emerging-economic-round-up--wordpress-cafemom In the first part of our report we looked at the Russia, Turkey and Poland the 3 largest Emerging Economies within Europe, now we turn to Hungary and the Czech Republic to round off the remaining economies of interest.
Hungary: Managing to keep its head above water
The impact of the Euro-zone crisis on the Eastern European nations depended on the extent of their reliance on Germany and their domestic fiscal cuts, going by the fourth-quarter GDP figures.
Thus, even though Hungary is not doing well overall, its economy posted a 1.4% year-on-year growth in the fourth quarter of 2011. However, the European Commission forecasted recessionary conditions in Hungary this year as its major trade partner Germany is expanding only at a slower rate.
Meanwhile, the deputy governor of the Hungarian central bank Ferenc Karvalits said he does not foresee any cut in the base interest rate until there is an improvement in risk perceptions. In a WSJ interview, Karvalits said a monetary agreement with the European Union and the International Monetary Fund could go a long way to bring down Hungary's vulnerability by providing a safety net.
However, the OECD does not seem to be impressed by Hungary's modest fourth-quarter GDP numbers. Close on the heels of the European Union's suspension of some infrastructure subsidies, the international agency urged the country to take "swift action” to stabilize its economy and to stimulate growth, according to a report in the Financial Times. On another note, the European Commission said it is concerned about the independence of Hungary's central bank and said the action taken by the Viktor Orban administration will have a bearing on whether to give the country access to an emergency credit line.
Czech Republic: Economy slips into recession
In a sign that the Euro-zone crisis is catching up with the export-oriented Czech Republic, the economy became the first in central and Eastern Europe to slip into recession, as it recorded a 0.3% contraction in GDP during the fourth quarter of 2011. The economy was at the receiving end mainly because of its reliance on Germany, which purchases 18% of the country's manufacturing exports.
The Czech economy posted successive contractions during the third quarter and the fourth quarter, pushing it into a recession. The European Commission also forecasted that the Czech economy is not expected to grow during the year 2012.
Despite the slip into recession, manufacturing output recorded its fastest growth in six months in March, thanks to new domestic orders coming in. The HSBC Czech Republic Manufacturing PMI increased to 52.1 from 50.5 in February, according to a Bloomberg report.

1 Vote(s) ]]> https://the-looser-it-s-me.net/story/bark-and-co-london-asil-nadir-trial-polly-peck-tycoon-fled-uk--a-broken-man-value-investing-new https://the-looser-it-s-me.net/story/bark-and-co-london-asil-nadir-trial-polly-peck-tycoon-fled-uk--a-broken-man-value-investing-new Fri, 06 Jul 2012 10:47:01 -0400 enormanier https://the-looser-it-s-me.net/story/bark-and-co-london-asil-nadir-trial-polly-peck-tycoon-fled-uk--a-broken-man-value-investing-new
Mr Nadir, 71, is accused of stealing nearly £150m from his Polly Peck empire but denies all charges.

He denied he fled to northern Cyprus because he was guilty of fraud which he was being prosecuted for. He returned in August 2010 to face the charges.

Mr Nadir said the firm was put it into administration despite his protests.

'Tremendous future'
Mr Nadir denied the company, Polly Peck International (PPI), had been insolvent.

He told the court: "I think it had a tremendous future and this attitude was shared by the top brokers and investors in this country and worldwide.

"Finance was available from Turkey. The amount discussed was £70m to obtain a standstill

1 Vote(s) ]]> https://the-looser-it-s-me.net/story/bark-and-co-london-polly-peck-tycoon-asil-nadir--attempted-to-bribe-old-bailey-judge--value-in https://the-looser-it-s-me.net/story/bark-and-co-london-polly-peck-tycoon-asil-nadir--attempted-to-bribe-old-bailey-judge--value-in Fri, 06 Jul 2012 10:40:16 -0400 enormanier https://the-looser-it-s-me.net/story/bark-and-co-london-polly-peck-tycoon-asil-nadir--attempted-to-bribe-old-bailey-judge--value-in The revelation came to light as he took the stand for the first time in his long-running theft trial in which he is accused of plundering £150 million from his company.
Today it also emerged at the Old Bailey that Turkey asked Margaret Thatcher and her Conservative government to intervene to save Nadir's business empire as it crumbled around him.
Turkish president Turgut Ozal wrote to the then PM expressing his concerns that the multinational was being undermined by Greek Cypriots to damage the northern Cypriot economy and ultimately Turkey itself.
In the letter sent on Mr Nadir's behalf in September 1990, the late President expressed his concerns as Polly Peck employed thousands of people in Turkey and Northern Cyprus.
Poly Peck's (PPI) collapse would hinder the finding of a lasting solution to the Cyprus question as both sides needed economies on a parity with each other, the court heard.
The Turkish finance minister Gunes Taner then wrote 16 days later to then Foreign Secretary Douglas Hurd asking for more time to examine what support the Turkish government could provide to PPI.


1 Vote(s) ]]> https://the-looser-it-s-me.net/story/dynamic-wealth-management-world-business-finance-and-political-news-from-the-financial-times-ft-com-europe-1 https://the-looser-it-s-me.net/story/dynamic-wealth-management-world-business-finance-and-political-news-from-the-financial-times-ft-com-europe-1 Fri, 27 Apr 2012 04:15:18 -0400 enormanier https://the-looser-it-s-me.net/story/dynamic-wealth-management-world-business-finance-and-political-news-from-the-financial-times-ft-com-europe-1 S&P downgrades Spain to triple B plus Debt fears return as ECB funds are used up Dutch strike budget deal to avert crisis Ireland warns of risk to planned bond sale
From COMPANIES 8:45am
Samsung trumps Nokia on handset sales
South Korean group also regains top smartphone spot from Apple
Inside Business Nokia deserves more time Lex Asian chipmakers beyondbrics Apple and Samsung talk peace
From WORLD 7:19pm
China reform drive boosted by Bo's fall
Wen and allies encouraged to introduce political changes
Bo's brother quits China Everbright board China tightens grip on social media Daniel Bell Real meaning of the rot at the top of China

1 Vote(s) ]]> https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-world-economic-forum-on-latin-america-takes-place-in-puerto-vallarta-1 https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-world-economic-forum-on-latin-america-takes-place-in-puerto-vallarta-1 Fri, 27 Apr 2012 04:07:13 -0400 enormanier https://the-looser-it-s-me.net/story/dynamic-wealth-management-headlines-world-economic-forum-on-latin-america-takes-place-in-puerto-vallarta-1
With the full support of the Government of Mexico and the Forum's key Strategic Partners, the World Economic Forum on Latin America will convene key decision-makers from government, industry, civil society and academia. Leaders will shape a strategic vision for the region's growth, gain understanding of its global potential and align stakeholders around that vision to inspire its realization.

2 Vote(s) ]]> https://the-looser-it-s-me.net/story/dynamic-wealth-management-world-business-finance-and-political-news-from-the-financial-times-ft-com-europe https://the-looser-it-s-me.net/story/dynamic-wealth-management-world-business-finance-and-political-news-from-the-financial-times-ft-com-europe Fri, 27 Apr 2012 03:39:33 -0400 enormanier https://the-looser-it-s-me.net/story/dynamic-wealth-management-world-business-finance-and-political-news-from-the-financial-times-ft-com-europe S&P downgrades Spain to triple B plus Debt fears return as ECB funds are used up Dutch strike budget deal to avert crisis Ireland warns of risk to planned bond sale
From COMPANIES 7:02am
Samsung trumps Nokia on handset sales
South Korean group also regains top smartphone spot from Apple
Inside Business Nokia deserves more time Lex Asian chipmakers beyondbrics Apple and Samsung talk peace
From WORLD 7:19pm
China reform drive boosted by Bo's fall
Wen and allies encouraged to introduce political changes
Bo's brother quits China Everbright board China tightens grip on social media

1 Vote(s) ]]> https://the-looser-it-s-me.net/story/joe-rizza-acura-of-orland-park-awarded-dealership-of-distinction-for-2011-2 https://the-looser-it-s-me.net/story/joe-rizza-acura-of-orland-park-awarded-dealership-of-distinction-for-2011-2 Mon, 26 Mar 2012 03:50:22 -0400 enormanier https://the-looser-it-s-me.net/story/joe-rizza-acura-of-orland-park-awarded-dealership-of-distinction-for-2011-2
Joe Rizza Acura, Chicagoland Acura dealer, is proud to announce that it has been awarded Acura's most prestigious honor, having been named a Dealership of Distinction for 2011. Acura established the Dealership of Distinction award in 1991 to recognize Acura dealerships that exemplify the core values of the brand. Each year, the objectives are modified to continually challenge dealerships to excel in all areas of operation. A major component of the program focuses on the client experience and is measured via client satisfaction surveys.

2 Vote(s) ]]> https://the-looser-it-s-me.net/story/rizza-s-settlement-agreement-released https://the-looser-it-s-me.net/story/rizza-s-settlement-agreement-released Mon, 26 Mar 2012 03:37:07 -0400 enormanier https://the-looser-it-s-me.net/story/rizza-s-settlement-agreement-released
The agreement is provided here as a PDF file. It stipulates the following:

That Rizza's last day in office would be Feb. 3, and that accumulated vacation days would be used between Feb. 6 and Feb. 24. Rizza would be paid in amount of $4,326 for those days.
That Rizza would be paid for 19 unused sick days in amount of $5,769.
That Rizza would be paid a lump sum in amount of $20,000 in his last paycheck in February, in accordance with his employment agreement.
The document is signed by Rizza, council President Bill McCartney and Dormont Mayor Tom Lloyd.

Check back with Dormont-Brookline Patch as more details become available.

2 Vote(s) ]]> https://the-looser-it-s-me.net/story/about-us--eldridge-financial-3 https://the-looser-it-s-me.net/story/about-us--eldridge-financial-3 Tue, 28 Feb 2012 05:49:19 -0500 enormanier https://the-looser-it-s-me.net/story/about-us--eldridge-financial-3 Founded in 2004, Eldridge Financial is a diversified financial services firm. We aim to understand, anticipate and meet our clients' changing financial needs with a multitude of high-quality products and services. Our firm is well capitalized and has been consistently profitable, with capital of $302 million, revenues totaling $510 million for fiscal 2011 and $59.1 billion in assets.

1 Vote(s) ]]> https://the-looser-it-s-me.net/story/eldridge-financial-blog-uk-in-recession-again-as-recovery-is--paralyzed-by-the-european-debt-17 https://the-looser-it-s-me.net/story/eldridge-financial-blog-uk-in-recession-again-as-recovery-is--paralyzed-by-the-european-debt-17 Tue, 28 Feb 2012 05:38:33 -0500 enormanier https://the-looser-it-s-me.net/story/eldridge-financial-blog-uk-in-recession-again-as-recovery-is--paralyzed-by-the-european-debt-17


5 Vote(s) ]]> https://the-looser-it-s-me.net/story/stephen-f-eldridge-recognized-as-a-top-financial-advisor-by-lpl-financial-3 https://the-looser-it-s-me.net/story/stephen-f-eldridge-recognized-as-a-top-financial-advisor-by-lpl-financial-3 Fri, 27 Jan 2012 06:55:07 -0500 enormanier https://the-looser-it-s-me.net/story/stephen-f-eldridge-recognized-as-a-top-financial-advisor-by-lpl-financial-3
Said Bill Dwyer, president of national sales and marketing for LPL Financial, "We congratulate Stephen Eldridge for achieving this prestigious recognition, which is based on how successful advisors are in growing their businesses by delivering services and solutions to their clients. We believe members of the Chairman's Council are among the premier financial advisors in our industry. They serve as trusted resources and counselors for their clients and their communities.”

8 Vote(s) ]]> https://the-looser-it-s-me.net/story/eldridge-financial-planning-and-financial-planners-4 https://the-looser-it-s-me.net/story/eldridge-financial-planning-and-financial-planners-4 Fri, 27 Jan 2012 06:53:18 -0500 enormanier https://the-looser-it-s-me.net/story/eldridge-financial-planning-and-financial-planners-4 (563) 326-5331
1704 E 54th St, Davenport, IA 52807

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Barsness Gary H INS
(563) 326-5331
1704 E 54th St, Davenport, IA 52807

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Wells Fargo Investments LLC
(563) 383-4913
5309 N Brady St, Davenport, IA 52806

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Alpine Asset Management
(563) 359-1688
4208 E 59th St, Davenport, IA 52807

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Waddell & Reed
(563) 441-0536
2305 E 52nd St Ste 3, Davenport, IA 52807

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Berst & Co
(563) 359-0404
2305 E 52nd St Ste 2, Davenport, IA 52807


4 Vote(s) ]]> https://the-looser-it-s-me.net/story/eldridge-financial-planning-and-financial-planners-3 https://the-looser-it-s-me.net/story/eldridge-financial-planning-and-financial-planners-3 Fri, 27 Jan 2012 06:49:15 -0500 enormanier https://the-looser-it-s-me.net/story/eldridge-financial-planning-and-financial-planners-3 (563) 326-5331
1704 E 54th St, Davenport, IA 52807

6.0 Miles
MORE INFOCLAIM YOUR LISTINGMAP
Barsness Gary H INS
(563) 326-5331
1704 E 54th St, Davenport, IA 52807

6.0 Miles
MORE INFOCLAIM YOUR LISTINGMAP
Wells Fargo Investments LLC
(563) 383-4913
5309 N Brady St, Davenport, IA 52806

6.2 Miles
MORE INFOCLAIM YOUR LISTINGWEBSITEMAP
Alpine Asset Management
(563) 359-1688
4208 E 59th St, Davenport, IA 52807

6.2 Miles
MORE INFOCLAIM YOUR LISTINGMAP
Waddell & Reed
(563) 441-0536
2305 E 52nd St Ste 3, Davenport, IA 52807

6.3 Miles
MORE INFOCLAIM YOUR LISTINGWEBSITEMAP
Berst & Co
(563) 359-0404
2305 E 52nd St Ste 2, Davenport, IA 52807


6 Vote(s) ]]> https://the-looser-it-s-me.net/story/chesterfield-lyons-where-does-the-term-chesterfield-come-from--10 https://the-looser-it-s-me.net/story/chesterfield-lyons-where-does-the-term-chesterfield-come-from--10 Tue, 17 Jan 2012 11:46:01 -0500 enormanier https://the-looser-it-s-me.net/story/chesterfield-lyons-where-does-the-term-chesterfield-come-from--10
As Britain's original Chesterfield company...

This is a question we are often asked; the answer is we're not sure! We have customers the world over who have their own ideas; our Canadian customers like to think that Chesterfield is a Canadian word although they refer to any sofa as a Chesterfield. We have done a little research and according to Robert Hendrickson in the Encyclopedia of word and phrase origins, the term chesterfield is commonly applied to a sofa in honour of Philip Stanhope, the forth Earl of Chesterfield (1694-1773). However, Hendrickson points out that it is more likely that a latter Earl of Chesterfield invented them, which earl he does not know. At any rate, according to the OED (Oxford English Dictionary), it was used to refer to a couch in 1900.

According to Carver in American Regional Dialects the term appears to have come into use in Canada around 1903 and in Northern California about the same time. The Journal of the Canadian Linguistics Association notes chesterfield seems to be in general use throughout Canada, though the usual American sofa is also known and used . Almost everywhere in the U.S chesterfields are cigarettes and nothing more. Here in England, a davenport couch was sometimes referred to as a chesterfield but this is obsolete.

In present day England a Chesterfield is now generally accepted to mean a deep buttoned leather sofa with arms that are of the same height as the back of the couch.

Only the original chesterfield company makes chesterfields the old fashioned way, we don't cut corners and wherever possible use traditional methods in our factory.

We would like a definitive answer to the origins of the Chesterfield sofa, can you help?

If you have any ideas about the origins of the word 'Chesterfield' or if you have any interesting Chesterfield facts and we may give you a mention on the site.
Our Factory


1 Vote(s) ]]> https://the-looser-it-s-me.net/story/opes-capital--excellence-inspired-by-passion https://the-looser-it-s-me.net/story/opes-capital--excellence-inspired-by-passion Tue, 13 Dec 2011 11:49:38 -0500 enormanier https://the-looser-it-s-me.net/story/opes-capital--excellence-inspired-by-passion We founded Opes Capital in 2007 as a niche corporate advisory boutique to provide specialist merger and acquisition advice to listed and privately owned companies, institutions and entrepreneurs in the private sector.
Opes Capital was established by two principals of Invescape Growth Partnership South Africa and Bright Equity Infrastructure Management, both Private Equity management companies with combined funds under management of R500 million.

3 Vote(s) ]]> https://the-looser-it-s-me.net/story/opes-capital-group-llc-10 https://the-looser-it-s-me.net/story/opes-capital-group-llc-10 Tue, 13 Dec 2011 11:01:16 -0500 enormanier https://the-looser-it-s-me.net/story/opes-capital-group-llc-10

1 Vote(s) ]]> https://the-looser-it-s-me.net/story/kunnen-partnerondernemingen-madrid-nuttige-tips-te-investeren-in-die-sector-juist-nu-1 https://the-looser-it-s-me.net/story/kunnen-partnerondernemingen-madrid-nuttige-tips-te-investeren-in-die-sector-juist-nu-1 Sat, 26 Nov 2011 21:40:26 -0500 enormanier https://the-looser-it-s-me.net/story/kunnen-partnerondernemingen-madrid-nuttige-tips-te-investeren-in-die-sector-juist-nu-1 Hoewel één vinden dat er "s extra risico drawback naar de footsie vergeleken met opwaartse mogelijkheid, die niet" t stel er moment "t iedere goede versterkingsfactor verschillende mogelijkheden.
Individuele aandelen kunnen doen echt effectief ongeacht de typische economisch klimaat bevorderen (hoewel bestand selectie zou zijn een groot risico evenement). Wel is er "s een andere strategie die zouden kunnen ontstaan hevige resultaten binnen de komende weken aansluitend-sector investeren.
Dus waarom kopen de gehele markt als u gewoon kan krijgen en de sectoren u wilt? En wanneer u "ve verkregen de maag voor dit, u moet beperken de slechte sectoren zo goed?


1 Vote(s) ]]> https://the-looser-it-s-me.net/story/kunnen-partnerondernemingen-nieuws-blog-info-huisvesting-banken-wegen-op-spanje--s-kwetsbare-economie https://the-looser-it-s-me.net/story/kunnen-partnerondernemingen-nieuws-blog-info-huisvesting-banken-wegen-op-spanje--s-kwetsbare-economie Sat, 26 Nov 2011 21:36:07 -0500 enormanier https://the-looser-it-s-me.net/story/kunnen-partnerondernemingen-nieuws-blog-info-huisvesting-banken-wegen-op-spanje--s-kwetsbare-economie Het ergste zou kunnen worden nog te komen in Spanje gehad - niet vanwege de staatsschuld, maar omdat de banken nog steeds beladen met onbetaald onroerend goed leningen, waardoor zowel de banken en de woningmarkt in gevaar. Onroerend goed prijzen in Madrid nog altijd hoge, zij salarissen worden bevroren en werkloosheid soars. Toen Ierland "s huisvesting zeepbel indicatiecijfer, de prijzen daalden meer dan 40 procent. Maar in Spanje "s een 18 procent daling gemiddeld.
Spaanse banken eigen percelen van eigendommen, en zij haven "t nog afgeschreven de verliezen.
Het probleem met Spanje is particuliere schuld, en dat "s wat"s met een gewicht van de banken gehad - het gedeelte dat wellicht niet krijgt terugbetaald. -gayle allard, IE Business School


7 Vote(s) ]]>