Equity Bank Limited (EQTY.ke) Q12014 Presentation

first_imgEquity Bank Limited (EQTY.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2014 presentation results for the first quarter.For more information about Equity Bank Limited (EQTY.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Equity Bank Limited (EQTY.ke) company page on AfricanFinancials.Document: Equity Bank Limited (EQTY.ke)  2014 presentation results for the first quarter.Company ProfileEquity Bank Limited is a financial services institution in Kenya providing banking products and services for the personal, commercial and corporate sectors. The company offers a full-service offering ranging from transactional accounts and digital banking to school fees collection, custody investment and group accounts, trade finance, asset finance and microfinance loans. Equity Bank (Kenya) Limited is a subsidiary of Equity Group Holdings Limited and its head office is in Nairobi, Kenya. Equity Bank Limited is listed on the Nairobi Securities Exchangelast_img read more

Stock market crash: how I’d use cheap UK shares to make a million

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Rupert Hargreaves | Monday, 10th August, 2020 This year’s stock market crash caught many investors by surprise. However, it was also an excellent opportunity for long-term investors to buy cheap UK shares. Studies show that the best way to build a fortune in the stock market is to buy shares when they’re trading at low levels. And one of the best ways is to invest in a stock market crash.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…This might be challenging at the time, but investors who are brave enough to jump in at the bottom may be well-rewarded over the long run. Stock market crash investingBuying investments in a stock market crash can be a risky business. It can also be extremely profitable if done right. Following a couple of stock-picking rules may help investors avoid losses when picking stocks. For example, here at the Motley Fool, we firmly believe that high-quality businesses are the best stocks to earn over the long run. That’s especially true after a stock market crash. Companies such as consumer goods giant Reckitt Benckiser, which has sizeable profit margins and owns some world-leading brands.Shares in this giant may be more expensive than other businesses. However, it could be worth paying the premium to buy into the quality growth story. It may also be sensible to focus on globally diversified corporations, such as financial services giant Prudential. This company generates a large percentage of revenue from Asia and the US, which means it’s much less reliant on one particular economy. This international diversification could help the business outperform UK-focused firms over the next few years. Another sensible technique that might be worth following to find the best stock market crash bargains is to avoid any stocks with a lot of borrowing. Companies with a pile of debt are usually the most significant casualties in an economic downturn. The best way to navigate this issue may be to avoid these companies altogether. The road to a million Following these rules could help you make the most of the stock market crash. It may also help you build a million-pound fortune over the long run.For example, over the past decade, both Reckitt and Prudential have produced an average annual total return of 12% for investors. At this rate of return, an investment of £2,500 a month in each company would be worth £1.1m today. These figures are only guidelines, but they show just how easy it could be to make a million in the stock market buying high-quality stocks at a depressed price.You don’t have to use Prudential or Reckitt either. After the stock market crash, there’s a host of cheap blue-chip companies on the market. These companies may produce substantial total returns for investors in the years ahead as the economic recovery gets underway. By focusing on these high-quality blue-chips with low levels of debt, investors may be able to build a significant financial nest egg.  Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” See all posts by Rupert Hargreaves Stock market crash: how I’d use cheap UK shares to make a millioncenter_img Image source: Getty Images I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. Rupert Hargreaves owns shares in Prudential. The Motley Fool UK has recommended Prudential. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares Enter Your Email Addresslast_img read more

El Pacto Anglicano: La perspectiva Latina

first_img Rector Hopkinsville, KY An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Associate Rector for Family Ministries Anchorage, AK The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Por César CardozaPosted Jul 10, 2012 Anglican Covenant, Associate Priest for Pastoral Care New York, NY Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Submit an Event Listing Featured Events Ethnic Ministries Director of Administration & Finance Atlanta, GA Rector/Priest in Charge (PT) Lisbon, ME Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Rector Pittsburgh, PA Associate Rector Columbus, GA Featured Jobs & Calls In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Canon for Family Ministry Jackson, MS Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Collierville, TN Rector (FT or PT) Indian River, MI Rector Shreveport, LA Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York Submit a Press Release Press Release Service Family Ministry Coordinator Baton Rouge, LA Course Director Jerusalem, Israel Assistant/Associate Rector Morristown, NJ Rector Washington, DC Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 El Pacto Anglicano: La perspectiva Latina Cathedral Dean Boise, ID Assistant/Associate Priest Scottsdale, AZ Tags Rector Smithfield, NC Priest Associate or Director of Adult Ministries Greenville, SC Rector Bath, NC An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Youth Minister Lorton, VA Assistant/Associate Rector Washington, DC Priest-in-Charge Lebanon, OH Submit a Job Listing Director of Music Morristown, NJ Rector Tampa, FL Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector and Chaplain Eugene, OR Rector Belleville, IL Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Rector Knoxville, TN Rector Albany, NY Curate Diocese of Nebraska Missioner for Disaster Resilience Sacramento, CA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Curate (Associate & Priest-in-Charge) Traverse City, MI Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Bishop Diocesan Springfield, IL [Episcopal News Service – Indianápolis] Uno de los “puntos espinosos” en la agenda de la Convención General es el del pacto anglicano, un documento que según sus partidarios ofrece una forma de unir a todos los anglicanos por encima de sus diferencias culturales y teológicas.Para algunos el punto de roce está no en el espíritu sino en la letra del documento en el texto propuesto, particularmente en la posible interpretación futura del mismo. El Obispo de Puerto Rico, David Álvarez, señaló: “Creo que en esencia todos estamos de acuerdo con el pacto anglicano, pero algunos tenemos reservas en lo concerniente a la sección cuatro. Tal como está, deja una puerta abierta para potenciales conflictos entre la Iglesia Anglicana y algunas provincias”.A manera de ejemplo Álvarez se refirió a posiciones asumidas por la iglesia episcopal en materia de sexualidad humana, e indicó que se teme que la suscripción del Pacto se convierta en un instrumento de control.“El problema es más de forma que de fondo –dijo  Álvarez- creo que el Pacto Anglicano en general es positivo pero antes de proseguir hay que aclarar las ambigüedades”.El Obispo de Venezuela, Orlando Guerrero sostuvo una posición similar. “La idea [del Anglicano] en general tiene mérito, pero no hay que precipitarse”.  Agregó que es preciso aclarar y resolver los puntos de fricción para hacer las cosas bien desde el comienzo y puntualizó que “si alguien tiene reservas, lo más responsable es decirlo abiertamente. No hacerlo, le haría un perjuicio a la comunión”.La Obispa Presidenta Katherine Jefferts Schori. En una entrevista en español con el servicio de Webradio del Ministerio Latino-Hispano, manifestó: “El Pacto Anglicano es muy significativo para los anglicanos y episcopales hispanohablantes. Creo que el Pacto Anglicano es una cosa muy británica, es una cosa que varias partes de la comunión interpretan como un intento de recrear el imperio. En algunas partes de la comunión como por ejemplo en nueva Zelandia, una iglesia mayoritariamente indígena, a mucha gente no gusta la idea de la sección IV del Pacto”. La Obispa Presidenta añadió: “Yo creo, y mucha gente en la Iglesia Episcopal y en otras iglesias de la comunión, creemos que tenemos más oportunidades ahora para relacionarnos y trabajar mancomunadamente, lo que resulta en nexos más fuertes que los que puedan provenir del Pacto”.El Pacto Anglicano se planteó inicialmente en el Informe Windsor de 2004 como forma de que la comunión y sus 38 provincias autónomas mantuvieran la unidad a pesar de sus diferencias, especialmente en lo concerniente a interpretación bíblica y sexualidad humana. El informe se generó a raíz de la elección en 2003 de Gene Robinson, un sacerdote homosexual, como Obispo de New Hampshire. Esta decisión condujo a algunas provincias a declarar rota o dañada la comunión con la Iglesia Episcopal. El Pacto también fue una respuesta a líderes de la iglesia que cruzaron las fronteras de otras provincias para atender a los Anglicanos alienados.–César Cardoza es parte del equipo del Servicio de Prensa Episcopal en la Convención General. Rector Martinsville, VA New Berrigan Book With Episcopal Roots Cascade Books last_img read more

‘Fight for $15, fight for fair!’

first_imgDes Moines, IowaPolk County Fight for $15 activists are opposing a task force proposal that calls for a gradual $10.75 minimum wage and a “youth wage exemption,” instead demanding a living wage for all workers.On Aug. 25, nearly two dozen Iowa Citizens for Community Improvement members “packed the room” during a minimum wage task force meeting, according to Iowa CCI organizer Emily Schott. Despite the outpouring of support for $15, the 13-member task force voted to gradually raise the minimum wage to $10.75 an hour by 2019 “with a cost of living adjustment.”Adding insult to injury, the panel also voted for a “youth wage exemption” affecting workers ages 14 to 17, who will earn only 85 percent of the minimum wage.Schott said the supervisors are bowing down to big business so “large corporations like the grocery industry can continue to hire hard-working youth at terrible wages.”The grocery industry is one of the biggest employers of youth, leading the charge for a youth wage in other states. According to Iowa CCI co-organizer Bridget Fagan-Reidburn, grocery industry representatives were present at the last task force meeting who were not at the other public gatherings.The age discrimination being recommended by the task force affects teenage workers with children or family members to support, college students with school loans to pay off and other situations where workers struggle to make ends meet.“No matter your age, you should be paid the same for doing the same work,” Fagan-Reidburn said.The proposed exemption does not exist in local, state or federal law, but this is not the first time such a proposal has been suggested.In “Fast Food Nation,” author Eric Schlosser tells about when McDonald’s co-founder Raymond Albert “Ray” Kroc donated over $250,000 to President Richard Nixon’s re-election campaign in 1972, the same year the fast food industry lobbied Washington to support “the McDonald’s bill.” The bill would have allowed workers 16 to 17 years old to earn only 20 percent of the minimum wage — which was $1.60 per hour back then. If enacted now, “the McDonald’s bill” would have reduced some wages to $1.28 per hour.The bill wasn’t passed, but efforts to pick low-wage workers’ pockets continue.Schott said the vote is just a recommendation and the Polk County Board of Supervisors will make the final decision on raising the wage in October. “[We’re] gearing up to take the fight to the supervisors in September to let them know it’s got to be $15!” she emphasized.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Censorship and persecution in pole position at Shanghai Grand Prix

first_img RSF_en Help by sharing this information ChinaAsia – Pacific News Follow the news on China News June 2, 2021 Find out more China’s Cyber ​​Censorship Figures China: Political commentator sentenced to eight months in prison News To highlight what is behind the scenes of this sports event, Reporters Without Borders is releasing a visual inspired by “Tank Man,” the anonymous individual who was famously photographed blocking the advance of a column of People’s Liberation Army tanks during the June 1989 Tiananmen Square protests.China is ranked 173rd out of 179 countries in the Reporters Without Borders press freedom index. Its authorities control news and information by censoring the Chinese media, obstructing foreign media coverage, persecuting individual news providers and, increasingly, monitoring and blocking the Internet.Reprisals against Chinese news providersA total of 30 journalists and 69 netizens are currently detained in China. This makes it the world’s biggest prison for news providers.The persecution of human rights defenders has been stepped up, just as repression in general has intensified since the calls for a “jasmine revolution.” There has been a recent increase in arbitrary detention, unfair trials and long jail sentences, and cyber-dissidents in particular have been targeted.The well-known human rights lawyer Gao Zhisheng(高智晟) was sent back to prison on 1 January 2012 for “violating the conditions of his release.” Other news providers and human rights defenders, the lawyer Ni Yulan and his husband Dong Jiqin (董继勤), the cyber-dissidents Chen Xi (陈西) and Chen Wei (陈卫), and the poet Li Bifeng, friend of the exiled writer Liao Yiwu, have been given jail sentences of up to 12 years.The harassment of the relatives of dissidents has become widespread. The families of Nobel peace laureate Liu Xiaobo, who has been jailed since 2009, the dissident lawyer Chen Guangcheng and the dissident Zhang Lin have all been the victims of recent government reprisals.Press censorship and propagandaEvery day, the Publicity Department (the former Propaganda Department) issues very detailed directives to the Chinese media, including news websites, listing the stories or developments that should not be covered, those that should be covered by using the official news agency Xinhua’s dispatches, and those that they are allowed or encouraged to cover.Whenever a development grabs the attention of the traditional or online media or public opinion, the Publicity Department issues reminders about the importance of China’s political and social stability.The Publicity Department’s censorship of a New Year editorial on 3 January in the reformist weekly Nanfang Zhoumo about hopes for change triggered an unprecedented wave of protests by journalists and netizens calling for freedom of information.The authorities use disinformation and censorship to control their image, especially their international image, regardless of the consequences for the population.They waited three weeks after the deaths of persons with the H7N9 strain of bird flu virus in various eastern cities including Shanghai before reporting the risk of an epidemic. Ten people in different parts of the country who mentioned cases of infection online were arrested for spreading “false information.”China : “Enemy of the Internet”The Chinese authorities have created one of the world’s most sophisticated systems for monitoring and censoring the Internet, often referred to as the Great Firewall of China. (Read the report “The Ennemies of Internet”)One of its latest refinements, installed ahead of the 18th congress of the Chinese Communist Party last November, was the blocking of Virtual Private Networks, software provided by foreign companies that allowed users to circumvent online censorship.Words such as “human rights,” “Tiananmen” and “Liu Xiaobo” are permanently blocked on the Internet. The regime has enlisted private sector Internet companies such as the social networks Tencent and Sina to monitor what their customers are posting online and withdraw posts on sensitive subjects.Foreign media in the government’s sightsThe Communist Party also tries to control the coverage of China provided by the foreign media, which continue to play a key role in informing not only the international community but also the Chinese public, the victim of the censorship increasingly imposed on the local media.The Bloomberg news website was blocked on 29 June 2012 because of its investigative coverage of the fortune acquired by the family of the country’s new president, Xi Jinping. Then the New York Times website was censored and the newspaper was threatened with a lawsuit after it ran an article about the fortune amassed by Prime Minister Wen Jiabao’s family.Asked about interference of its broadcasts, the BBC told Reporters Without Borders that “intermittent cuts were identified (…) and intensified in the course of February.” Two Sky News journalists were arrested last March. In October 2012, an AFP journalist was detained. And there has been an increase in cases of foreign reporters being denied press accreditation or press visas.Reporters Without Borders urges the Chinese government to:* Release all journalists and cyber-dissidents who have been jailed in connection with the provision of news and information.* End the arbitrary detention, surveillance and harassment of journalists and dissidents, and their families.* Allow all foreign journalists to work normally and stop subjecting them to various kinds of pressure and harassment including the refusal of visas and accreditation.* Dismantle the censorship system by ending the practice of issuing directives to the media, and by ceasing to use the Great Firewall to filter and block online news and information. Organisation to go further Receive email alerts March 12, 2021 Find out more As a three-day Formula One Grand Prix gets under way in Shanghai today, Reporters Without Borders urges the Chinese authorities to stop persecuting news providers and lift censorship. April 12, 2013 – Updated on January 20, 2016 Censorship and persecution in pole position at Shanghai Grand Prix April 27, 2021 Find out more News Democracies need “reciprocity mechanism” to combat propaganda by authoritarian regimes ChinaAsia – Pacific last_img read more

Too many bed nights being lost at LUH – Cope

first_imgHomepage BannerNews Too many bed nights being lost at LUH – Cope Donegal Deputy Pat the Cope Gallagher is calling on the HSE and the government to immediately increase the number of home help hours and resources in community hospitals.Following Minister Simon Harris’ visit to Letterkenny University Hospital last week Deputy Gallagher revealed that Letterkenny lost 1,387 bed nights in the first seven months of this year due to a failure to discharge patients. That’s a 100% increase from this time last year.Deputy Gallagher says changes must be made to relieve pressures within the hospital’s emergency department………Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/09/copebednights.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Facebook Twitter WhatsApp Calls for maternity restrictions to be lifted at LUH Pinterest GAA decision not sitting well with Donegal – Mick McGrath Three factors driving Donegal housing market – Robinson Google+ Nine Til Noon Show – Listen back to Wednesday’s Programme center_img Pinterest WhatsApp Twitter Facebook Google+ Previous articleLetterkenny is Ireland’s “29th tidiest town” according to IBALNext articleCourtney drives to success in Knockalla Hillclimb admin By admin – September 5, 2016 RELATED ARTICLESMORE FROM AUTHOR Guidelines for reopening of hospitality sector published LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamiltonlast_img read more

Byers sets skills challenge

first_imgEmployers need to invest more in training to remain competitive and meet thechallenge of the knowledge economy, Secretary of State for Trade & IndustryStephen Byers told the TD2000 conference last Thursday.Byers took time out from negotiations over the Rover plant crisis to speakat the conference, organised by Personnel Today’s sister magazine Training andthe Industrial Society, to stress the importance the Government placed ondeveloping employees.”The first industrial revolution required investment in plant andmachinery. The new revolution based on knowledge requires an investment intraining,” he said. He told the conference, organised as part of a campaign to put training atthe heart of business, that the UK’s history of supporting training was notsomething to be proud of.He said many employers had reduced their spending on training and reducedthe time off for employees to develop skills. “This is a matter of great concern.” But, he added, “TheGovernment is confronting and challenging employers about the importance oftraining.”He pointed to the work of the Skills Task Force and incentives from the DTIto encourage more investment. But he supported concern in the profession at the number of initiativesbeing launched across government to encourage training. “The feedback weare getting is that there may be a great deal of confusion and evenduplication,” he said. He added that the DTI had developed an web site to act as a guide to theinitiatives currently underway. Byers welcomed progress made by some universities to work with business butsaid this was still patchy and more needed to be done. He called on theprofession to continue the move away from the “chalk and talk”approach to training towards more imaginative methods.Equipping the UK workforce with the right skills is the only way to ensurethey can successfully cope with change, he said.He rejected speculation that the Government would be reintroducing atraining levy on employers, saying this had not been effective in the past. “”We need to engage employers intellectually to take them throughthe arguments for why training is important.” Also speaking at theconference, chief executive of the Industrial Society Will Hutton said the neweconomy and urgency to maximise shareholder value has put training issuescentre stage. He urged the profession to lobby business leaders on the need tobuild ethical organisations where developing people is seen as vital to sustainbrand reputations.www.greatplacetowork.gov.uk/greatplacetowork/further.htm Comments are closed. Related posts:No related photos. Previous Article Next Article Byers sets skills challengeOn 21 Mar 2000 in Personnel Todaylast_img read more

COA hears malpractice case involving former Conour associate

first_imgOlivia Covington for www.theindianalawyer.comRoughly five years after former Indianapolis personal injury attorney William Conour was charged in a federal wire fraud case, the Indiana Court of Appeals heard a legal malpractice action involving one of his ex-colleagues for alleged malpractice. One of Conour’s victims claims the attorney’s actions kept her in the dark about theft of her settlement money.The appellate court heard arguments Friday in the case of Rene DiBenedetto v. Timothy Devereux, 49A05-1609-CT-02146, with attorney Timothy Devereux, formerly of the Conour Devereux Hammond law firm, representing himself against the legal malpractice claims. The case was brought by Rene DiBendetto, represented by malpractice attorney Jon Pactor, who hired Conour after she was injured in a car accident in 2010.After DiBenedetto was awarded $50,000 in a January 2011 settlement related to the accident, the settlement money was entrusted to Conour and was held in a trust account that only he could access. After several months had gone by without receiving a payout from the settlement, DiBenedetto and her father came to the Conour Devereux Hammond law office, unannounced, in the summer of 2011 to speak with Conour about her case.Conour was not in, so Devereux met with the DiBenedettos, accessed her case file and informed her that she would not receive payout from the settlement until an underinsurance claim had been settled. That conversation, which Devereux said in court documents lasted about 10 minutes, was the only communication he had with DiBenedetto.When the underinsurance claim was settled for $50,000 the following September, Conour also failed to payout those funds. Devereux left Conour’s firm at the end of 2011, and Conour was ultimately charged in July 2012 with stealing $4.5 million from 25 clients, including the $100,000 from DiBenedetto. He’s currently serving a 10-year sentence in West Virginia after he pleaded guilty in July 2013. Conour resigned from the bar shortly after he was charged.The trial court granted summary judgment to Devereux in the malpractice case, but in oral arguments before the Court of Appeals Friday, Pactor argued that Devereux had committed malpractice by giving inaccurate, misleading advice to DiBenedetto when she came to the office that summer day.According to Indiana Rule of Professional Conduct 1.15(d), when an attorney receives funds in which a client or third party has an interest, an attorney must “promptly” notify both the client and any interested parties of the receipt of the money and then “promptly” deliver the funds. Conour failed on both accounts, Pactor said, and when Devereux accessed the case file and saw that the first $50,000 had not been distributed after roughly six months, he should have advised DiBenedetto that something was amiss.The definition of “promptly” became a central point of discussion during arguments, with Pactor saying he knew of the Indiana Supreme Court disciplining an attorney for holding funds in trust for three months. Devereux, however, said it was “common practice” for attorneys to hold money in trust while settling an underinsurance claim, an allegation he said was backed up by an expert witness’s affidavit he designated as evidence.Further, because of that “common practice,” Devereux said the claim that he should have known the funds were being mishandled was not backed by facts. But Judge Terry Crone pointed out that DiBenedetto’s expert said it was not common practice to hold the funds, contradicting Devereux’s expert.In a medical malpractice case, Crone said competing expert testimony would create a genuine issue of material fact, making the case inappropriate for summary judgment. Asked how his case was different, Devereux again returned to the “common practice” concept and the question of whether an attorney should be tipped off after learning that settlement funds had not been distributed for six months. Devereux admitted that such an issue had never been decided by the courts.However, Devereux also told the court that he had instructed DiBenedetto to follow up with Conour to learn more specifics about her case. Judge Patricia Riley asked Pactor what else Devereux was expected to do, given that he could not disburse the settlement funds himself.If he had been presented with DiBenedetto’s case file, Pactor said he would have immediately noticed that something was wrong and would have informed her of her options, such as filing a motion for contempt or filing a civil suit. Additionally, Pactor said he would have considered going to Conour himself on her behalf and demanding that he disburse the money.Judge Robert Altice expressed concern about sending the wrong message by finding in DiBenedetto’s favor, saying lawyers could choose not to step in and help clients when lead counsel is out if the Court of Appeals rules against Devereux for taking that same action. But Pactor presented a different scenario, saying a decision in Devereux’s favor would send the message that “the less you do, the more immunity you have.”Oral arguments in the case can be watched here. https://mycourts.in.gov/arguments/default.aspx?&id=2067&view=detail&yr=&when=&page=1&court=app&search=&direction=%20ASC&future=False&sort=&judge=&county=&admin=False&pageSize=20FacebookTwitterCopy LinkEmailSharelast_img read more

Raw touch for snack line

first_imgA new healthy snack food range, Gourmet Raw, has been launched this month. It comprises two varieties of Gourmet Raw Brownies Celestial Cacao and Cocobanana and three varieties of Flackers Salsa, Jive and Sunshine. Flackers are being marketed as an alternative to crackers for snacking or bread and could be served with dips, such as guacamole or salsa, or filled with houmous and salad as an alternative to a sandwich. A range of three gluten-free snack bars are currently in production and will be launched soon. These include: Oracle (goji berries, hemp- and other seeds), Supadoopa Slice (nut-free and sweetened with lucuma), and Mutiny (coconut and chocolate).To claim their raw status, none of the products are heated above 40.5°C. They are free from refined sugars, artificial colours, preservatives and flavours, and are suitable for vegetarians and vegans.www.gourmetraw.comlast_img read more

Pork Farms Group rebrands as Addo Food Group

first_imgPork Farms Group, the chilled food producer, has rebranded as Addo Food Group, following the acquisition of the chilled savoury pastry business Kerry Foods. The new corporate name for the group is being launched with new signage across the Addo estate. The rebrand will also see its site in Nottingham renamed as Tottle Bakery and its Shaftesbury site rebranded to Dorset Foods.Chris Peters, group managing director of Addo Food Group, said: “With the recent addition of new sites and brands following our acquisition of Kerry’s chilled savoury pastry business, we wanted a new group name to represent our identity as a forward thinking and innovative food company, and to allow us to demonstrate our new breadth of products and brands.”Addo’s current sales revenues are £270m and the company has a market share of 34% (Kantar Worldpanel 52 weeks ending June 21, 2015). Addo sells 256m products every year under both its own brands and the brands of its major retail partners.The group is made up of six Addo business units: Dorset Foods, Riverside Bakery, Palethorpes Bakery, Poole Bakery, Tottle Bakery and Spalding Bakery.last_img read more