Tucked away in the elevated desert hills above Phoenix is Paradise Reserve, one of the last luxury gated communities and multi-acre parcels bordering the Phoenix Mountain Preserve. Poised at the “crossroads” of Paradise Valley, Scottsdale, downtown Phoenix and the Biltmore area, Paradise Reserve is a rare gem and outstanding investment opportunity, offering a lifestyle of prestige, exclusivity and environmental stewardship and responsibility....
The Equality Act of 2007 sought to end discrimination against gays applying for insurance in Britain. When insuring couples, companies are required to evaluate gay marriages (officially known as “civil partnerships”) in exactly the same way as they would heterosexual ones. The Association of British Insurers (ABI) confirmed their adherence to this in July. http://www.noclaimsdiscount.co.uk [NoClaimsDiscount.co.uk] has found that in practice,...
Plan sponsors who find the fiduciary duties of their plan administration daunting can find many of their questions answered in an online guide published by Securian Retirement called Fiduciary Focus. “Federal regulations about employers’ and plan sponsors’ fiduciary responsibilities are strict and complicated. Many plan sponsors are understandably nervous when carrying out these duties,” said Rick Ayers, second vice president,...
Royal Laser Corp. has received notice of judgement on a legal matter relating to a former shareholder and option-holder employee of Venture Steel Inc., a subsidiary of Royal Laser. This matter was a result of actions taken by the prior owners of Venture Steel Inc. The judgement amounts to approximately $4.8 million plus interest of approximately $0.5 million, of which approximately $1.5 million has been held in reserve by the Company. The Company...
The housing market is at an all-time low. Consumer confidence has plumetted. Sales are down in almost every industry and one company after another is laying off employees. Is any business immune to the downturn in the economy? Since 1986, Showhomes has provided home staging services to over 25,000 homeowners of vacant homes for sale. Like many companies in the real estate industry, Showhomes posted huge gains in the housing boom. In 2004, at the height...
Prime Group Realty Trust Chicago-based real estate investment trust (REIT), announced today that the premier, Class A, 975,000 square-foot Continental Towers office complex in Rolling Meadows, IL, controlled and managed by Prime Group Realty Trust, was recently named “The Outstanding Building of the Year” (TOBY) for the Chicago Suburban market by the Building Owners and Managers Association (BOMA) of Suburban Chicago. This is the fourth time in...
Last week, Mayor R.T. Rybak was honored for his work as a strong champion of transportation improvements in the region by the Minnesota Transportation Alliance at the group’s Annual Meeting. This week, he’s up on YouTube, poking fun about his own driving while letting the Metro area in on an early holiday gift from Brookfield Properties–FREE parking at Gaviidae Common, every Saturday and Sunday, from Thanksgiving to Christmas. That’s right,...
Pall Corporation , a global leader in filtration, separation and purification systems and technologies today announced that its shareholders elected Ronald Hoffman, CEO of Dover Corporation , to its board of directors, effective immediately. The announcement came at the Company’s annual meeting of shareholders held today at the Long Island Marriott in Uniondale, New York. Dover Corporation, with over $7 billion in annual revenues, is a global...
SouthWest Water Company, a leading provider of water, wastewater and public works services, today said that it has received an extension from the syndicate of lenders for its credit facility with regard to reporting financial results for the 2008 third quarter, and as a result, continues to have full access to the $150 million credit facility for general corporate purposes. On November 10, 2008, the company announced that it would delay the filing...
KBR announced that it has been awarded a contract by Egypt Hydrocarbon Corporation (EHC) to complete a pre-Front End Engineering Design (pre-FEED) study for two polyethylene units at its proposed Petrochemical Complex. The complex will be located 25 km (15.5 miles) from Suez, Egypt, near the Red Sea. Under the pre-FEED study, KBR will perform PolyEthylene (PE) technology evaluation and licensor recommendation to EHC. Currently, two PE plants are planned...