bafepexu.wordpress.com
Dubbed “The Pregnancy Act – Where We Stand 30 Yearz Later,” the study was based on information providexd bythe . The partnership reportse that in 2007, working women in the U.S. filedx 65 percent more complaints of pregnancy discriminatiomn than they filedin 1992. According to the a sampling of claims founx that complaints filed by women of color and those working in industries dominated by femalw workers were behind much ofthe increase. The findings were releasedf at the end of October to honor the 30th anniversaruy of the PregnancyDiscrimination Act.
It made illega l employment discrimination on the basis of childbirth or related medical National Partnership for Women Families PresidentDebra L. Ness said in a news release the actneedsw strengthening. During a period of 1996 to claims filed by womenof color, according to the soared 76 percent, whiler overall claims were up 25 percent, the group reported. During that complaints filed by black womebn jumped45 percent, by Hispanixc women 135 percent, by Asian/Pacific Islander women 90 percent, and by American Indian/Alaska Native women 109 percent, the study Fifty-three percent of the claimes filed with the EEOC during that periodx came in the service, retail trade and the financial insurance and real estate industries — where some seveb in 10 women work, the group said.
The reporft included several recommendations to confront the increase in including outreachto employers, targeting selecter industries for enforcement and working with statezs to create enforcement More information about the report can be founed at nationalpartnership.org Attorneys expect disputes, regulation to pick up stean International law firm has released its latest litigatioh trends survey with respondents expecting a jump in new actionsa and government probes, as well as a need to brint on more in-house litigation staff to deal with an expectede rise in disputes.
In its fiftj year, the study was conducted May 22 throughJuly 18, befored the country was officially declared to be in a It surveyed 358 in-house counsel in the U.S. and Unitedd Kingdom in 10 industry groups, from healtgh care to real estatw and in various revenudesize categories. While the picturse might seem grimlooking ahead, the survey founrd positive trends in several key areas. Twenty-one percent of U.S. companies reported no new lawsuitsa filed against them in thepast year. That’sw an improvement from 17 percent in thepriod year’s survey. Other findings, according to the firm: • 56 percen of U.S.
companies brought at least one action againstg another party in thepast year, a 10 percent drop from the numbetr of filings in 2007. Only 26 percent of U.S. firmds were tagged with one or more new lawsuits with claimsdabove $20 million in the past year, a drop of 14 percenf from 2007. • Overall litigation costs haven’t easedc – 45 percent of U.S. companies are spendiny at least $1 million a year on litigation a 1 percent increase from ayear ago. In 2007, only 22 percent of in-houser counsel expected to see an increasde in the number of legal disputesw faced by their company in theyear ahead.
The mood has changedd following the subprimemortgage meltdown, banking crisis and credit squeeze, sparking a rush of corporate work force reductions and government 34 percent of in-house counsel now anticipate a run-up in In the U.K., just 21 percent of in-house counselo expect a rise in the numbedr of new suits against them. • U.S. companies are concerned about regulation: 25 percent of respondentzs expect an increase inregulatory proceedings, with 8 percent calling for a At large companies, 35 percent are forecasting a bump up in governmenr actions. Fulbright & Jaworski has 16 locations, 1,00 attorneys and 50 practice areas.
More information about the survey can be foundat fulbright.com. The Columbuz law firm recently added Richard Blake as partner in its Cleveland offics in conjunction with the creationb of a white collar defensed and investigationspractice area. Blake’s work focuses on criminaol and civil white collar including government and internal investigations and civil fals eclaims matters.
Thursday, September 15, 2011
Tuesday, September 13, 2011
Hagan among Raiders' inactives Monday night vs. Broncos - NFL News
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Yahoo! Sports (blog) | Hagan among Raiders' inactives Monday night vs. Broncos NFL News Linebacker DJ Williams, the only player to lead his team in tackles and sacks last season, was among the Broncos' deactivated players. He dislocated his right elbow during the preseason. Copyright 2011 by AP. Raiders deactivate their most productive receiver for opener at Denver on ... Prater's FG gives Broncos 3-0 lead after 1st Hagan among Raiders' inactives Monday night |
Sunday, September 11, 2011
Directors often receive gifts at the end of board tenure - South Florida Business Journal:
llrx-royce.blogspot.com
While it seems like a nice it’s not in sync with the director’s mission to look out for companuy shareholders, said Stuart Gillan, a corporate governancew expertat . “Thse individuals have been compensated all along for their he said. “If they’ve been fairly compensate for service, I can’t see a Nonetheless, , in its most receny fiscal year, paid $75,000 to William P. Hobby, who left the compang board in May 2007 after more than a decadeof service.
The payment was part of Southwest’z director severance plan, which pays $75,000 to departing directors who’ved been on the board at least10 years, and $35,0090 for directors who have servecd at least five years. Because of that policy, Southwesf says the payment is not a but a contractual obligation that was put in place eightg years ago to recognize that Southwest directors are paid less than directorsw atcomparable companies, Southwest said in an e-maile d statement. Further, the package is part of its efforft to attract and keep good board thecompany stated.
Plano-based , whic h became a bank in 2006 after decades as acredir union, gave separation compensation to two director s — Kenneth Yarbrough and Rosario Vela — who departed in May 2007. Yarbrough was on Viewpoint’s boardr and on the board of its predecesso Community Credit Union for more than 30 He received anextra $50,000 plus future paymentsa totaling $152,928, according to Viewpoint financia statements. Vela served on Viewpoint’s audi t committee and had been a board membertsince 2003. She received $8,750 cash this year and is owed $26,76 2 in future years. The two left the board as Viewpoing decided to shrink its board head coungt from nineto seven.
But both served the boared through its transition from credit uniobn to savings bank and publicly traded notesMark Hord, Viewpoingt general counsel. “The board felt that it was appropriatew to recognize theirpast service,” he said. On a smallerf scale, Dallas insurance firm honored departing director Harold McCormick witha $5,00o cash gift to a charity of his choosing. Torchmark didn’t name the charity in its proxy
While it seems like a nice it’s not in sync with the director’s mission to look out for companuy shareholders, said Stuart Gillan, a corporate governancew expertat . “Thse individuals have been compensated all along for their he said. “If they’ve been fairly compensate for service, I can’t see a Nonetheless, , in its most receny fiscal year, paid $75,000 to William P. Hobby, who left the compang board in May 2007 after more than a decadeof service.
The payment was part of Southwest’z director severance plan, which pays $75,000 to departing directors who’ved been on the board at least10 years, and $35,0090 for directors who have servecd at least five years. Because of that policy, Southwesf says the payment is not a but a contractual obligation that was put in place eightg years ago to recognize that Southwest directors are paid less than directorsw atcomparable companies, Southwest said in an e-maile d statement. Further, the package is part of its efforft to attract and keep good board thecompany stated.
Plano-based , whic h became a bank in 2006 after decades as acredir union, gave separation compensation to two director s — Kenneth Yarbrough and Rosario Vela — who departed in May 2007. Yarbrough was on Viewpoint’s boardr and on the board of its predecesso Community Credit Union for more than 30 He received anextra $50,000 plus future paymentsa totaling $152,928, according to Viewpoint financia statements. Vela served on Viewpoint’s audi t committee and had been a board membertsince 2003. She received $8,750 cash this year and is owed $26,76 2 in future years. The two left the board as Viewpoing decided to shrink its board head coungt from nineto seven.
But both served the boared through its transition from credit uniobn to savings bank and publicly traded notesMark Hord, Viewpoingt general counsel. “The board felt that it was appropriatew to recognize theirpast service,” he said. On a smallerf scale, Dallas insurance firm honored departing director Harold McCormick witha $5,00o cash gift to a charity of his choosing. Torchmark didn’t name the charity in its proxy
Thursday, September 8, 2011
Consumers
edovogopu.wordpress.com
The has filed for a stay on the detaiol in a rate increase PUCO approved this montnhfor Columbus-based American Electric Power (NYSE:AEP). Part of the PUCO ordert allows the company to pick up revenue it would have received had the rate increase takeb effect at the beginning of the AEP received roughly half of the 15 percentg annual electricity rate increase it sought for this yearthrough 2011. If the commissiobn next week gives approval to tariffx AEP has filed since therate ruling, the increase the PUCO approvedc for 2009 will be compressed into bills for the remainingb months of this year.
The counsel opposed the retroactive rate but the request for a stay asks the PUCO to not put it into effec until a determination is made about the legalit y ofthe provision. Consumers’ counsel spokesman Ryan Lippe said the agenc thinks the retroactive increase violates Ohio lawand isn’t permittedc in the sweeping electricity deregulatio plan Gov. Ted Strickland signed last That paved the way for the rate increase AEP filerdlast summer. The joined the Ohio Consumers’ Counse l in requesting the stay.
Shana Eiselstein, a spokeswoma for the PUCO, wouldn’t comment on the legalk questions, stating only that the retroactive provision is an elemenf ofthe commission’s order. “If arguments are raised otherwise, therre is an opportunity for a rehearing and the commissionh will have to consider argumentzs as theycome up,” she said. An AEP spokeswomam couldn’t be reached for Lippe said the consumers’ counsel intende to seek a rehearing on therate
The has filed for a stay on the detaiol in a rate increase PUCO approved this montnhfor Columbus-based American Electric Power (NYSE:AEP). Part of the PUCO ordert allows the company to pick up revenue it would have received had the rate increase takeb effect at the beginning of the AEP received roughly half of the 15 percentg annual electricity rate increase it sought for this yearthrough 2011. If the commissiobn next week gives approval to tariffx AEP has filed since therate ruling, the increase the PUCO approvedc for 2009 will be compressed into bills for the remainingb months of this year.
The counsel opposed the retroactive rate but the request for a stay asks the PUCO to not put it into effec until a determination is made about the legalit y ofthe provision. Consumers’ counsel spokesman Ryan Lippe said the agenc thinks the retroactive increase violates Ohio lawand isn’t permittedc in the sweeping electricity deregulatio plan Gov. Ted Strickland signed last That paved the way for the rate increase AEP filerdlast summer. The joined the Ohio Consumers’ Counse l in requesting the stay.
Shana Eiselstein, a spokeswoma for the PUCO, wouldn’t comment on the legalk questions, stating only that the retroactive provision is an elemenf ofthe commission’s order. “If arguments are raised otherwise, therre is an opportunity for a rehearing and the commissionh will have to consider argumentzs as theycome up,” she said. An AEP spokeswomam couldn’t be reached for Lippe said the consumers’ counsel intende to seek a rehearing on therate
Tuesday, September 6, 2011
Wisconsin Clopay plant to be closed - Houston Business Journal:
badillodacyroic1505.blogspot.com
, the garage doors manufacturinfg businessof Jericho, N.Y.-based Griffon GFF), is consolidating operations of the Baldwin in St. Croix County, and the operationw from a plantin Russia, Ohio, into its planyt in Troy, Ohio. "These actions will enable us to centralizd production at our most technologically advanced facilitu so that Clopay can improve its manufacturing efficiency while improvin g our ability to serve the needs of our saidSteve Lynch, president of Clopay.
"By consolidatinv our manufacturing, we will streamline operations, lower costs and maintainb the flexibility to meet supply demands now and in the The company estimates that it willincut pre-tax exit and restructurin g costs of approximately $12 million, nearlyh all of which will be in Charges will include approximately $2 million for one-time termination benefita and other personnel-related
, the garage doors manufacturinfg businessof Jericho, N.Y.-based Griffon GFF), is consolidating operations of the Baldwin in St. Croix County, and the operationw from a plantin Russia, Ohio, into its planyt in Troy, Ohio. "These actions will enable us to centralizd production at our most technologically advanced facilitu so that Clopay can improve its manufacturing efficiency while improvin g our ability to serve the needs of our saidSteve Lynch, president of Clopay.
"By consolidatinv our manufacturing, we will streamline operations, lower costs and maintainb the flexibility to meet supply demands now and in the The company estimates that it willincut pre-tax exit and restructurin g costs of approximately $12 million, nearlyh all of which will be in Charges will include approximately $2 million for one-time termination benefita and other personnel-related
Sunday, September 4, 2011
State senator wants to remove UC
http://www.narvabiathlon.net/auto-insurance-quotes-in-oklahoma/
In a release, Yee, who received his bachelor’s degree from UC said that the Regents of the system thinki theyare “above the law.” The Universityh of California Office of the President shot back in its own saying that the system is one of the few agenciexs in government that is working, that it’s flourished undef its autonomy, and that the salarieas it pays to top leadera is below the national averags for comparable institutions. The state’s constitutionm guaranteed the regents autonomy on all issues relates to management of the systemsince 1879.
The proposeed amendment, SCA 21, and its counterpart on in theStatew Assembly, ACA 24, need two-thirds approval from the legislaturde and then needs approval from state voters.
In a release, Yee, who received his bachelor’s degree from UC said that the Regents of the system thinki theyare “above the law.” The Universityh of California Office of the President shot back in its own saying that the system is one of the few agenciexs in government that is working, that it’s flourished undef its autonomy, and that the salarieas it pays to top leadera is below the national averags for comparable institutions. The state’s constitutionm guaranteed the regents autonomy on all issues relates to management of the systemsince 1879.
The proposeed amendment, SCA 21, and its counterpart on in theStatew Assembly, ACA 24, need two-thirds approval from the legislaturde and then needs approval from state voters.
Friday, September 2, 2011
GM owes $9M to AK Steel - Sacramento Business Journal:
gorbunovabowiper.blogspot.com
About $9.1 million is how much the carmaker owes theWest Chester-basedx steel manufacturer in trade debt, according to a list of GM’w 50 largest unsecured creditors that was includedr with its initial bankruptcgy court filings Monday. was listed as the company’d 33rd largest unsecured creditor. The only other Ohio company on the list was GoodyeaTire & Rubber Co. in which is on the hook for almosr $7 million. No Kentucky or Indianz companies were onthe list. Asided from bond debt and employee obligations, which account for GM’sx five largest unsecured obligations, the top traded debt disclosedwas $122 million owed to Starcom Mediavest Grouop Inc. of Chicago.
GM has been AK Steel’sz biggest customer for years, although the percentage of totao sales it derives from the troubled automotivw company has been declining inreceng years. AK Steel did not disclose how much it sold to GM in 2008 in its latestannual report, but earlier annuak reports disclosed that shipments to GM accounted for 20 percent of net salexs in 2003, 15 percent in 2004, 13 percenty in 2005, and less than 10 percent in 2006 and 2007. AK Steelk said about 28 percent of its trade receivables outstandinvg at the end of 2008 were due from businessesz associated withthe U.S. automotivre industry, including General Motors, Chryslert and Ford.
Its 2008 annual reporyt also included the followingcautionaryt disclosure: “If any of these three major domestic automotive companiesd were to make a bankruptcy it could lead to similar filings by suppliers to the automotive many of whom are customers of the company. The company thus couldd be adversely impacted not only directly by the bankruptct of a major domesticautomotive manufacturer, but also indirectl y by the resultant bankruptcies of other customers who supply the automotive The nature of that impacyt could be not only a reductionh in future sales, but also a loss associated with the potential inability to collect all outstandingy accounts receivables.
That could negatively impact the company’s financial results and cash flows. The companhy is monitoring this situation closely and has taken stepsw to try to mitigate its exposurew to suchadverse impacts, but because of current marketg conditions and the volume of businessz involved, it cannot eliminate these risks.”
About $9.1 million is how much the carmaker owes theWest Chester-basedx steel manufacturer in trade debt, according to a list of GM’w 50 largest unsecured creditors that was includedr with its initial bankruptcgy court filings Monday. was listed as the company’d 33rd largest unsecured creditor. The only other Ohio company on the list was GoodyeaTire & Rubber Co. in which is on the hook for almosr $7 million. No Kentucky or Indianz companies were onthe list. Asided from bond debt and employee obligations, which account for GM’sx five largest unsecured obligations, the top traded debt disclosedwas $122 million owed to Starcom Mediavest Grouop Inc. of Chicago.
GM has been AK Steel’sz biggest customer for years, although the percentage of totao sales it derives from the troubled automotivw company has been declining inreceng years. AK Steel did not disclose how much it sold to GM in 2008 in its latestannual report, but earlier annuak reports disclosed that shipments to GM accounted for 20 percent of net salexs in 2003, 15 percent in 2004, 13 percenty in 2005, and less than 10 percent in 2006 and 2007. AK Steelk said about 28 percent of its trade receivables outstandinvg at the end of 2008 were due from businessesz associated withthe U.S. automotivre industry, including General Motors, Chryslert and Ford.
Its 2008 annual reporyt also included the followingcautionaryt disclosure: “If any of these three major domestic automotive companiesd were to make a bankruptcy it could lead to similar filings by suppliers to the automotive many of whom are customers of the company. The company thus couldd be adversely impacted not only directly by the bankruptct of a major domesticautomotive manufacturer, but also indirectl y by the resultant bankruptcies of other customers who supply the automotive The nature of that impacyt could be not only a reductionh in future sales, but also a loss associated with the potential inability to collect all outstandingy accounts receivables.
That could negatively impact the company’s financial results and cash flows. The companhy is monitoring this situation closely and has taken stepsw to try to mitigate its exposurew to suchadverse impacts, but because of current marketg conditions and the volume of businessz involved, it cannot eliminate these risks.”
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