FRANKFURT — Berkshire Hathaway may have found a way to get back some of the hundreds of millions of dollars it lost after buying a seemingly solid German pipe maker that turned out to be on the verge of going bust.
The conglomerate, led by Warren E. Buffett, is suing Jones Day, the law firm that represented the owners of the pipe maker when it was sold to a Berkshire Hathaway subsidiary in 2017. The lawsuit, filed late last month, accuses Jones Day of helping to trick Berkshire Hathaway into paying five times what the German company was worth.
There is not much chance that Berkshire Hathaway will recover any money from the sellers of the pipe maker, Wilhelm Schulz, which was named for its founder. The shareholders have declared bankruptcy and are facing a criminal investigation in Germany. But Jones Day is a prominent international law firm with deeper
In the eyes of President Donald Trump and some Republicans, electing the Democrats in 2020 would lead to a clear and frightening outcome: tranquil suburbs in Connecticut and elsewhere would be overrun by crime, violent protests, and social decay.
It’s an old message with a new twist, fueled by the backlash against Black Lives Matter protests and demonstrations this summer that were largely peaceful in Connecticut, but turned violent in Portland, Chicago, Los Angeles and other cities.
Referring to the prospect of civil unrest, David X. Sullivan, a Republican candidate for the 5th Congressional District, told the Courant that he is “concerned about Avon, Farmington and Simsbury becoming as violent as Portland, New York and Chicago.”
Unrest in Avon?
Trump’s law and order message and its many versions may sound far-fetched to some. But there is a racist undertone to the rhetoric that has proven effective in the past, said
For the second day of Barrett’s questioning in the Senate Judiciary Committee, the health care law was a dominant topic on both sides of the aisle thanks to the looming November case the Supreme Court will hear on a Republican effort to strike down the law.
Both Judiciary Chairman Lindsey Graham and Sen. Dianne Feinstein, the panel’s top Democrat, asked President Donald Trump’s Supreme Court nominee about the legal doctrine of “severability,” or whether the entire law can stand if one part of it is deemed unconstitutional, during Barrett’s second day of questions before the committee on Wednesday.
It’s a concept that could play a key factor in the case from Republican attorneys general and the Trump administration that seeks to strike down the Affordable Care Act case next month. They argue the entire law, commonly known as Obamacare, should be struck down because the law’s individual coverage mandate is … Read More
The Law Offices of Frank R. Cruz announces that it has filed a class action lawsuit in the United States District Court for the Southern District of New York captioned Tremblay v. Loop Industries, Inc., et al., (Case No. 1:20-cv-08538) on behalf of persons and entities that purchased or otherwise acquired Loop Industries, Inc. (“Loop” or the “Company”) (NASDAQ: LOOP) securities between September 24, 2018 and October 12, 2020, inclusive (the “Class Period”). Plaintiff pursues claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”).
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Loop is a technology company that purports to own proprietary technology that depolymerizes no- and low-waste PET plastic and polyester fiber. The resulting material is used to create PET resin for food-grade packaging.
On October 13, 2020, Hindenburg Research published a report alleging, among
Thousands of protesters broke through police cordons and surrounded Thailand’s seat of government on Wednesday, marking a symbolic moment in their three-month campaign against the establishment.
About 10,000 demonstrators converged on Government House in the capital, Bangkok, settling in for what organisers said would be several days of protests.
The student-led demonstrators are calling for the resignation of the government of former coup leader Prayuth Chan-ocha, the writing of a new constitution and an end to the harassment of political dissenters.
They are also making what were until recently unheard of demands for limits on the wealth and powers of King Maha Vajiralongkorn, who spends most of his time in Germany.
On Wednesday the king’s wife, Queen Suthida, was jeered as her limousine passed within a few metres of the protests. Demonstrators cried “My tax money!” and gave her their defiant three-fingered salute, taken from the film The Hunger Games.
A recent set of changes to India’s foreign donation laws, however, has put hundreds of small NGOs like Arpan in a spot. “Our work has come to a halt after the donor agency asked us not to use funds till rules (arising from the new laws) are framed,” said Renu Thakur, who heads the non-profit. “It looks like we will have to let go of some of our staff and curtail our geographic spread.”
In late September, India’s Parliament approved sweeping changes to the Foreign Contribution Regulation Act (FCRA), 2010. From now on, larger FCRA registered organisations are barred from transferring foreign donations to smaller non-profits (a practice known as sub-granting) who often find it difficult to access donors on their own. Also, all FCRA registered non-profits have been asked to limit their administrative expenses to 20% of donations (from the earlier norm of 50%) which is likely to force
Dr. Anthony Fauci, the nation’s leading infectious disease expert, is speaking with “CBS Evening News” anchor and managing editor Norah O’Donnell in an interview that will be streamed live on Wednesday. They are expected to speak about the fall coronavirus surge and the government’s response in the interview, which will stream at 3:30 p.m. Eastern on CBSNews.com.
Viewers are invited to text Norah their questions at 202-217-1107.
How to watch Norah O’Donnell’s interview with Dr. Anthony Fauci
- What: Norah O’Donnell interviews Dr. Anthony Fauci
- Date: October 14, 2020
- Time: 3:30 p.m. ET
- Location: via Zoom
- Online stream: Live on CBSNews.com in the player above and on the CBS News app
Fauci, the longtime director of the National Institute of Allergy and Infectious Diseases, has publicly diverged from President Trump’s coronavirus messaging in recent days.
After Mr. Trump’s COVID-19 diagnosis and return to the White House earlier this month, the president
Haiti – Politic : The PM in Thomonde
On Monday, the Haitian Prime Minister Mr. Joseph Jouthe and the Minister of the Environment Mr. Abner Septembre visited the commune of Thomonde (Dept. of the Center). During this tour, these authorities as well as other technical executives of the delegation visited the school of the sisters of Thomonde, the police station of the commune where the PM gave a vehicle to the person in charge and the river of Thomonde which threatens the city. It was also an opportunity for the members of the delegation to receive the complaints of the leaders of the commune, during a community meeting at the presbytery of Thomonde.
This community meeting allowed the members of the population to present the major priority challenges of the commune which require urgent responses from the Government. The market, the public square, the problem of birth registration,
England’s proposed trip to South Africa next month is in doubt after the country’s government served notice of its intention to intervene in the Proteas’ cricket administration.
South African Sports Minister Nathi Mthethwa has written to the acting president of Cricket South Africa, Beresford Williams, highlighting long-running dissatisfaction at the governing body and an alleged “failure of leadership to effectively manage its affairs”
While Mthethwa says he sees “no value in any further engagement with CSA”, he has also offered it until October 27 to respond and argue against the intervention.
A statement from the department of sports, arts and culture read: “Minister Mthethwa strongly believes that there is great merit in creating an environment where sports problems are handled within the sports movement and accordingly wishes to offer them every possible opportunity to demonstrate their stated commitment to cooperate on a way forward for cricket.
“The ball is now
The Nottingham Building Society was founded back in 1849 by a small group of Nottingham businessmen, led by local Quaker Samuel Fox. The first ever branch used to open between 6pm and 9pm on the first Tuesday of each month and the vision for the building society was to help people own their own home, as well as offer them a safe and secure place for their savings.
Since then The Nottingham (as it’s more commonly known) has grown to serve over a quarter of a million members across the UK and now has 67 branches across 11 counties. Gone too are the days of a three hour opening window once a month, with the building society expanding its use of digital services for members rapidly.
The Nottingham has had a digital strategy in place for over three years, which served