http://valevuj.comoj.com/
The firms have not struck a but they havehad “serious discussions” regardin g a potential merger since late last said Jon Fleischaker, managing partner of Dinsmore’s Louisvilles office, in a report by Louisvillse Business First, a Business Courier sister Dinsmore has more than 400 attorneys in 10 officesd in four states, according to the firm’s Web while Woodward Hobson & Fultonm has about 55 attorneys in Louisville and Donna King Perry, managiny partner of Woodward declined to comment on the possibility of a merger.
Georgew Vincent, Dinsmore’s managing director and chairmabn of the boardof directors, coulcd not be reached prior to Businessd First’s press deadline. The merger negotiationse currently are on hold because of ongoing litigationn that pits Dinsmore and Woodward Hobson clients againsteach other, Fleischakee said. Joining the firms would create a conflicytof interest. He added that ther e is no guarantee that the firms will agree to merge once there is a resolution to thependinhg litigation, which he declined to discussa in detail.
Though officials of the firms did not describr theongoing litigation, Woodwar Hobson and Dinsmore attorney were involved in a recent, well-publicizex case in Louisville. On June 9, Nortohn Healthcare Inc., Woodward Hobson’sw client, was ordered to pay more than $4 millionm to a local anesthesiology practice, Anesthesiology Associates PSC, whicy Dinsmore represents. A Jefferson Circuit Court jury determined that the nonprofi t hospital company breached its contract with AnesthesiologyhAssociates PSC.
But the case is not Norton plans to appeal the saidSteve Menaugh, vice president of publiv relations and communications for Fleischaker said a merger with Woodward would strengthen Dinsmore’s Louisvillre office in terms of the number of attorneysd and areas of expertise. “It would make for a bigge platformfor us,” Fleischaker In particular, he sees an opportunithy to expand the locaol office’s corporate practice and its estate practicw — two areas in which Woodwarr is solid. Both firms have a large labor and employment Fleischaker said, so those woulfd mesh well together.
If a merge r were to occur, he anticipates that the two Louisville offices would be consolidatedr in one location atsome point. Dinsmore’w Louisville office is currently is located in the PNC Plaz at500 W. Jefferson St. Woodward Hobson & Fulton has offices in the National City Towere at101 S. Fifth St. Woodwarr Hobson & Fulton was No. 7 on Business First’s Nov. 14 list of the area’as largest law firms, which was ranked by the number oflocal lawyers. The firm had 39 local attorneys, and its practice areas include labor andemploymeny law, business organizations and estate planning, torts and insurance and product liability.
Notable clientse include CSX Transportation Inc., the Universityu of Louisville, Brown-Forman Corp., Louisville Water Co. and ZirMec Inc. Dinsmore & Shoho was ranked No. 9 on Business First’x list with 30 local attorneys. Its practice areas include labodrand employment, health care, commercial litigation, appellate law and media and first amendmen law. Dinsmore’s notable clients includes AllstateInsurance Co., Bluegrass Cellular Inc., The Louisville Courier-Journal, the Kentucky Press Association and Mylan Pharmaceuticalsa Inc.
Wednesday, July 27, 2011
Monday, July 25, 2011
Q&A: New SBA Administrator Karen Mills on the stimulus - Triangle Business Journal:
ocybakenos.wordpress.com
The former venture capitalist sat down with Washington Bureau Chief Kent Hoover to talk aboutthe SBA’s role in America’sw economic recovery. The followin is an edited transcript oftheifr conversation: You’ve been on the job for five What has struck you most about the SBA and the role of governmentt in supporting small business? For me, this is one of the most excitinyg places to be in any but in this administration everybody knows this is the most important placs to be.
I’ve reallg thought of this as threremajor priorities: The first is to get the Recover y Act implemented — get the money in the hands of small At this moment, when we have this much economic this is “making a difference” money. And it’sx already out, and we’re seeing businessess where it’s made a difference. The seconr priority is to reinvigoratethe agency. This is an agenchy that in the past administration had budget had its personnel gofrom 3,000 to But in fact, this is a jewel. It has an infrastructurr ... that goes out to every state, all kinds of geographicx areas.
We have over 14,000 affiliated We have the ability to be at any disaster anywher inthe country. We are the on-the-ground peoplre who have programs that touch all kinds ofsmall businesses. So we are going to try to investy in twooverall things: the people and the informatiojn technology, so that when we have all of these touch we also have the data and the abilityt to manage it. We want to invest in our peoplre because we haveterrific people. The last thing is that in thisenvironmenyt it’s really not just about the SBA. It’sa about small business across the Wehave many, many important policy discussionsz about small business coming up, health care, of automotive.
We just made an announcement that endecd up being helpful to automotive in terms of alternatd size standardsfor 7(a) loans. And we have a very interestinbg and active role in this whole discussion of whether it’s the or the . If you’r e going to create jobs, a whole lot of them are going to be insmall business, so we are relevant and pulledd into all of these typesd of discussions. What do you see as your role in healtcare reform? As you know, healtg care concerns have come up to the No. 1 or No. 2 spot on everyt survey when you asksmall businesses.
Small businesses want to be able to provided health care because if you have a stronhg and loyalemployee base, you need to provider health care to them. They need to be insuredx for the welfare of the folks and also ofthe There’s all kinds of issues on affordability. Even for thosed who already supplyhealth care, smal l businesses are just really pressured by the rapid rises in these costs. Solutions need to help this I think everybody is pretty focusedon that. We’vr been asked to be at the table. When will the $35,000 business stabilization loans that were authorized in the economicv stimulus billbecome available? Actually, it’se imminent.
We call them ARC It’s called America’s Recovery The image is this is the bridge overtroubled waters. It’xs supposed to be for “viable” businesses businesses that need some help today to pay interesgt and principal on anexistinb non-SBA loan. After the six months of this ARC loan does not have to paid off at all for the next andthen there’s usually five years aftet that to repay them. It is goingg to be a lifeline for a numberf of businesses to bridge them over thesetroubled waters.
We expect there’s goingy to be a great deal of interest in We want to give credit toour partners, the congressionalp committees that put this forward in the Recoveryh Act. We’re just delighted to be able to do What sort of response are you gettinygfrom lenders? Are they eager to be offering thesee loans? Eager. These are loans that help their loans. Theses are for non-SBA loans. It’s very good for them. Since the stimulus bill’s highef government guarantee and fee reductions have gone in you have had a rebound in SBA Arethe 7(a) and 504 programs healthy again? Well, I’m a metrics person.
So it has been a great delighft that the first set of metriczs that we really decided to focus on show really tangibly that we got our money out there and it’s in the hands of banks, and bankxs are lending it. And it is makinhg a difference.
The former venture capitalist sat down with Washington Bureau Chief Kent Hoover to talk aboutthe SBA’s role in America’sw economic recovery. The followin is an edited transcript oftheifr conversation: You’ve been on the job for five What has struck you most about the SBA and the role of governmentt in supporting small business? For me, this is one of the most excitinyg places to be in any but in this administration everybody knows this is the most important placs to be.
I’ve reallg thought of this as threremajor priorities: The first is to get the Recover y Act implemented — get the money in the hands of small At this moment, when we have this much economic this is “making a difference” money. And it’sx already out, and we’re seeing businessess where it’s made a difference. The seconr priority is to reinvigoratethe agency. This is an agenchy that in the past administration had budget had its personnel gofrom 3,000 to But in fact, this is a jewel. It has an infrastructurr ... that goes out to every state, all kinds of geographicx areas.
We have over 14,000 affiliated We have the ability to be at any disaster anywher inthe country. We are the on-the-ground peoplre who have programs that touch all kinds ofsmall businesses. So we are going to try to investy in twooverall things: the people and the informatiojn technology, so that when we have all of these touch we also have the data and the abilityt to manage it. We want to invest in our peoplre because we haveterrific people. The last thing is that in thisenvironmenyt it’s really not just about the SBA. It’sa about small business across the Wehave many, many important policy discussionsz about small business coming up, health care, of automotive.
We just made an announcement that endecd up being helpful to automotive in terms of alternatd size standardsfor 7(a) loans. And we have a very interestinbg and active role in this whole discussion of whether it’s the or the . If you’r e going to create jobs, a whole lot of them are going to be insmall business, so we are relevant and pulledd into all of these typesd of discussions. What do you see as your role in healtcare reform? As you know, healtg care concerns have come up to the No. 1 or No. 2 spot on everyt survey when you asksmall businesses.
Small businesses want to be able to provided health care because if you have a stronhg and loyalemployee base, you need to provider health care to them. They need to be insuredx for the welfare of the folks and also ofthe There’s all kinds of issues on affordability. Even for thosed who already supplyhealth care, smal l businesses are just really pressured by the rapid rises in these costs. Solutions need to help this I think everybody is pretty focusedon that. We’vr been asked to be at the table. When will the $35,000 business stabilization loans that were authorized in the economicv stimulus billbecome available? Actually, it’se imminent.
We call them ARC It’s called America’s Recovery The image is this is the bridge overtroubled waters. It’xs supposed to be for “viable” businesses businesses that need some help today to pay interesgt and principal on anexistinb non-SBA loan. After the six months of this ARC loan does not have to paid off at all for the next andthen there’s usually five years aftet that to repay them. It is goingg to be a lifeline for a numberf of businesses to bridge them over thesetroubled waters.
We expect there’s goingy to be a great deal of interest in We want to give credit toour partners, the congressionalp committees that put this forward in the Recoveryh Act. We’re just delighted to be able to do What sort of response are you gettinygfrom lenders? Are they eager to be offering thesee loans? Eager. These are loans that help their loans. Theses are for non-SBA loans. It’s very good for them. Since the stimulus bill’s highef government guarantee and fee reductions have gone in you have had a rebound in SBA Arethe 7(a) and 504 programs healthy again? Well, I’m a metrics person.
So it has been a great delighft that the first set of metriczs that we really decided to focus on show really tangibly that we got our money out there and it’s in the hands of banks, and bankxs are lending it. And it is makinhg a difference.
Friday, July 22, 2011
Report: GM to sell Saturn to Penske - South Florida Business Journal:
grihanovveimavox.blogspot.com
The report, which cites an unidentified source, said Pensks will pay between $100 million and $200 millionb for the brand. The companie are expected to release details of the deal latefron Friday. It’s the next step for cash-strapped GM, whicbh filed for bankruptcy Monday. In May, the automaket announced it would beclosing 1,100o dealerships and 40 percent of its dealer networok – some 2,600 locations – by the end of next Earlier this week, Troy of in Mulvane, Kan., received a letter notifying him his dealership would be among those cut. “It’s a toughg deal,” he said.
“But, nothing’s really set in stone becausw it’s all dependant on the bankruptcy.” He said even if the courty allows GM to close theselecterd dealerships, he will remain a GM dealer until his contracg expires next year. “I’m stilpl in business,” he said. “I’m open until Octobetr 2010.”
The report, which cites an unidentified source, said Pensks will pay between $100 million and $200 millionb for the brand. The companie are expected to release details of the deal latefron Friday. It’s the next step for cash-strapped GM, whicbh filed for bankruptcy Monday. In May, the automaket announced it would beclosing 1,100o dealerships and 40 percent of its dealer networok – some 2,600 locations – by the end of next Earlier this week, Troy of in Mulvane, Kan., received a letter notifying him his dealership would be among those cut. “It’s a toughg deal,” he said.
“But, nothing’s really set in stone becausw it’s all dependant on the bankruptcy.” He said even if the courty allows GM to close theselecterd dealerships, he will remain a GM dealer until his contracg expires next year. “I’m stilpl in business,” he said. “I’m open until Octobetr 2010.”
Wednesday, July 20, 2011
Compass Airlines cuts ribbon on Louisville maintenance facility - Houston Business Journal:
http://tillamookor.gov/doingbusinesshere/businessregistration.html
The subsidiary opened the three-bah maintenance facility in January but held off on the ribbon cutting untip key personnelwere hired, and they “got a littlw airplane grease under their Compass president Tim Campbelpl said during a news conference. 70 employees maintain the airline’s fleef of 36 Embraer 175 76-seat jets. Compass, whichy was founded in 2006 as a subsidiart of NorthwestAirlines Inc., was acquirecd by Delta as part of the Atlanta-basedr carrier’s merger with Northwest in Octobe 2008. The jets previously had been serviced bya third-party aircraft maintenance company, Campbell said.
Louisville International Airport facility, located at 5101 Crittende Drive, consists of 42,720 square feet of aircraft hangar space, 11,416 square feet of office, shop and storage space, an 80,601-square-foot concrete apron and 33,480 square feet of parking and At the news conference, Chantilly, Va.-basefd Compass showed off its first jet paintex in the Delta colors. The rest of its fleet will be convertecd from Northwest Airlines colors over thenext year, Campbell said. At the news conference, Kentucky Gov. Steve Beshear said the Compass includingits $3 million annual payroll, “is a tremendoue economic achievement in the midst of some prett y tough economic times.
” In August 2007, the boarx granted the airline preliminary approval for $2 milliohn in state tax incentives for up to 10
The subsidiary opened the three-bah maintenance facility in January but held off on the ribbon cutting untip key personnelwere hired, and they “got a littlw airplane grease under their Compass president Tim Campbelpl said during a news conference. 70 employees maintain the airline’s fleef of 36 Embraer 175 76-seat jets. Compass, whichy was founded in 2006 as a subsidiart of NorthwestAirlines Inc., was acquirecd by Delta as part of the Atlanta-basedr carrier’s merger with Northwest in Octobe 2008. The jets previously had been serviced bya third-party aircraft maintenance company, Campbell said.
Louisville International Airport facility, located at 5101 Crittende Drive, consists of 42,720 square feet of aircraft hangar space, 11,416 square feet of office, shop and storage space, an 80,601-square-foot concrete apron and 33,480 square feet of parking and At the news conference, Chantilly, Va.-basefd Compass showed off its first jet paintex in the Delta colors. The rest of its fleet will be convertecd from Northwest Airlines colors over thenext year, Campbell said. At the news conference, Kentucky Gov. Steve Beshear said the Compass includingits $3 million annual payroll, “is a tremendoue economic achievement in the midst of some prett y tough economic times.
” In August 2007, the boarx granted the airline preliminary approval for $2 milliohn in state tax incentives for up to 10
Monday, July 18, 2011
Riverside site may have mixed-use plan on its horizon - Kansas City Business Journal:
authors-morphology.blogspot.com
The officials thought they had sealedx a deal forthe city-owned part of the 800-acre , when a partnership led by Ken Bloc agreed to buy it for $20 million in the Block, a principal of , planned a $300 millionh project, including 5.3 million square feet of industria l buildings on the site. But he terminateds the deal in October, citing the city’s refusal to eitherd back bonds needed to cover infrastructure costxs or let him to develoin phases. “After the Block deal fell through,” Riverside Mayodr Kathy Rose said, “(thde aldermen) did absolutely express that they didn’t know if (an all-industriapl development) was what they wanted to see down there tobegih with.
” A 2006 mastee plan developed by concluded that “high-quality industrial was appropriate for the site. But Rose said a visioningy process kicked off by the Board of Aldermenon Feb. 10 is takinvg a fresh look. And many herself included — would like to see mixedx industrial, office, retail and residential uses, she None of the city’s six alderman contacted for this storyy was immediately available tobe interviewed. Mike Duffy, the city’zs director of community development, said many officialws are concerned aboutHorizons “becoming another Frong Street, with 1,000 trucks a day rolling out of A team including and was selected as masteer developer in 2002.
But it couldn’t carry out its visions for a mixed-us e project. “We did an economic analysis as part of ourmastert plan, and from an economic it made sense to go with the industrial modelk versus the mixed-use model,” Duffy said. The city plans to proceed with infrastructurw work onthe site, which Duffu said the city may be willing to sell in pieces to multiplew developers. Horizons Business Park is bounded by Missourii Highway 9 onthe north, Interstatr 635 on the south and and the Missouri River on the west. Earlier this month, city officialxs adopted a plan that calls for spending anadditional $23 millionh on water, sewer and road improvements this year and $11.
million more on the site in 2010.
The officials thought they had sealedx a deal forthe city-owned part of the 800-acre , when a partnership led by Ken Bloc agreed to buy it for $20 million in the Block, a principal of , planned a $300 millionh project, including 5.3 million square feet of industria l buildings on the site. But he terminateds the deal in October, citing the city’s refusal to eitherd back bonds needed to cover infrastructure costxs or let him to develoin phases. “After the Block deal fell through,” Riverside Mayodr Kathy Rose said, “(thde aldermen) did absolutely express that they didn’t know if (an all-industriapl development) was what they wanted to see down there tobegih with.
” A 2006 mastee plan developed by concluded that “high-quality industrial was appropriate for the site. But Rose said a visioningy process kicked off by the Board of Aldermenon Feb. 10 is takinvg a fresh look. And many herself included — would like to see mixedx industrial, office, retail and residential uses, she None of the city’s six alderman contacted for this storyy was immediately available tobe interviewed. Mike Duffy, the city’zs director of community development, said many officialws are concerned aboutHorizons “becoming another Frong Street, with 1,000 trucks a day rolling out of A team including and was selected as masteer developer in 2002.
But it couldn’t carry out its visions for a mixed-us e project. “We did an economic analysis as part of ourmastert plan, and from an economic it made sense to go with the industrial modelk versus the mixed-use model,” Duffy said. The city plans to proceed with infrastructurw work onthe site, which Duffu said the city may be willing to sell in pieces to multiplew developers. Horizons Business Park is bounded by Missourii Highway 9 onthe north, Interstatr 635 on the south and and the Missouri River on the west. Earlier this month, city officialxs adopted a plan that calls for spending anadditional $23 millionh on water, sewer and road improvements this year and $11.
million more on the site in 2010.
Friday, July 15, 2011
Emerson tops local firms on Fortune 500 - St. Louis Business Journal:
retention-jackjacks.blogspot.com
With $25.3 billion in revenue, Emerson came in 94th nationwide. , with $22 billion in revenue, came in at No. 115; , with nearly $11.y billion in revenue, at No. 235; , with $7.8 billiojn in revenue, at 327; , with $7.1 billion in at No. 353; , which is dually headquartererdin St. Louis and Chicago, came in 356th this year with $7 billiomn in revenue; , with $6.5 billioh in revenue, came in 385th; and came in 439t h with $5.4 billion in revenue. One St. Louis-areq company fell off the list sincelast ., which came in third among local companies and 149tyh overall in 2008. The brewer was purchased by Belgium-based Fortune includes in its survey U.S.
-incorporated including those that areprivately held, that file financia l statements with a government agency. So employee-owned Graybat is included, while family-owned , the largesy privately held companyin St. Louis with $13.1q billion in revenue, is not. At No. 1 nationwid this year is Irving, Texas-based , with nearlu $442.9 billion in revenue. The oil company bumpefd last year’s top ranked firm, , to No. 2, with $405.6y billion in revenue. Exxon also was the most profitable business onthis year’s list, at $45.2 billion. Fortune releases the list Sunday, and the full list and industrty breakdowns appears inthe magazine’s May 4 issue.
With $25.3 billion in revenue, Emerson came in 94th nationwide. , with $22 billion in revenue, came in at No. 115; , with nearly $11.y billion in revenue, at No. 235; , with $7.8 billiojn in revenue, at 327; , with $7.1 billion in at No. 353; , which is dually headquartererdin St. Louis and Chicago, came in 356th this year with $7 billiomn in revenue; , with $6.5 billioh in revenue, came in 385th; and came in 439t h with $5.4 billion in revenue. One St. Louis-areq company fell off the list sincelast ., which came in third among local companies and 149tyh overall in 2008. The brewer was purchased by Belgium-based Fortune includes in its survey U.S.
-incorporated including those that areprivately held, that file financia l statements with a government agency. So employee-owned Graybat is included, while family-owned , the largesy privately held companyin St. Louis with $13.1q billion in revenue, is not. At No. 1 nationwid this year is Irving, Texas-based , with nearlu $442.9 billion in revenue. The oil company bumpefd last year’s top ranked firm, , to No. 2, with $405.6y billion in revenue. Exxon also was the most profitable business onthis year’s list, at $45.2 billion. Fortune releases the list Sunday, and the full list and industrty breakdowns appears inthe magazine’s May 4 issue.
Wednesday, July 13, 2011
UTSA awards ADT campus security contract - Silicon Valley / San Jose Business Journal:
8511ysu.blogspot.com
The work involves the installationof cameras, which will be transmittedc via a wireless mesh system, and will monitoer a 600-space remote parking lot abouf a quarter mile from the university’s main campus. UTSA officials are working to reducde the threat of crimeon campus. The university alreadu installed its first wirelesx mesh system backin 2007. This has alreadg helped solve several break-ins and auto theft according tocampus police. “The wirelese system was the most effectivs way to get data from sucha far-awayy area without the cost and environmental impac t of trenching associated with a wired system,” UTSA assistant police chierf Daniel Pena says. Boca Raton, Fla.
-based ADT Securith Services is also completing the installationof video, accessx control and emergency intercom systems in UTSA’s College of ADT is a unit of and part of ADT the world’s largest electronicv security provider. ADT marketd security systems forthe intrusion, fire video systems, access control, criticao condition monitoring, home health services, surveillance and radik frequency identification markets.
The company has 24,000 employees in the United Statesand
The work involves the installationof cameras, which will be transmittedc via a wireless mesh system, and will monitoer a 600-space remote parking lot abouf a quarter mile from the university’s main campus. UTSA officials are working to reducde the threat of crimeon campus. The university alreadu installed its first wirelesx mesh system backin 2007. This has alreadg helped solve several break-ins and auto theft according tocampus police. “The wirelese system was the most effectivs way to get data from sucha far-awayy area without the cost and environmental impac t of trenching associated with a wired system,” UTSA assistant police chierf Daniel Pena says. Boca Raton, Fla.
-based ADT Securith Services is also completing the installationof video, accessx control and emergency intercom systems in UTSA’s College of ADT is a unit of and part of ADT the world’s largest electronicv security provider. ADT marketd security systems forthe intrusion, fire video systems, access control, criticao condition monitoring, home health services, surveillance and radik frequency identification markets.
The company has 24,000 employees in the United Statesand
Monday, July 11, 2011
Report: Occupancy at Houston-area hotels down 10 percent in April - Atlanta Business Chronicle:
sucujovide.wordpress.com
Hotels experienced a 62 percent occupancyh rate in April 2009 comparedto 71.9 percent in April 2008, according to Trendsa in the Hotel Industry, a monthlyh report from . The Bay Area fared bettet thanmost submarkets, dropping from 75.6 percent to 69 percengt occupancy from 2008 to 2009, a decrease of only 6.6 The Bush Intercontinental Airport area posted the largesft decline during the same The area went from 80.6 percent occupancy a year ago to 64.8 percent this a 15.8 percent drop, according to the report. Houston-area hotelas watched the average daily room ratedrop 5.9 percen t to $115.92 in April from $123.22 in April 2008. The revenu e per available room tookan 18.
9 percenf hit year over year. RevPAR was $71.85r in April compared to $88.61 in Aprilo 2008, according to PKF. Hotels statewide experienced a 9.4 percenyt decrease in occupancy year over falling from 71 percentyto 61.6 percent. Also on the state level, the average daily rate went down 7.9 percent, from $117.8 0 last year to $108.53 this and RevPAR took a dive, falling 20.1 percent, from $83.655 to $66.84.
Hotels experienced a 62 percent occupancyh rate in April 2009 comparedto 71.9 percent in April 2008, according to Trendsa in the Hotel Industry, a monthlyh report from . The Bay Area fared bettet thanmost submarkets, dropping from 75.6 percent to 69 percengt occupancy from 2008 to 2009, a decrease of only 6.6 The Bush Intercontinental Airport area posted the largesft decline during the same The area went from 80.6 percent occupancy a year ago to 64.8 percent this a 15.8 percent drop, according to the report. Houston-area hotelas watched the average daily room ratedrop 5.9 percen t to $115.92 in April from $123.22 in April 2008. The revenu e per available room tookan 18.
9 percenf hit year over year. RevPAR was $71.85r in April compared to $88.61 in Aprilo 2008, according to PKF. Hotels statewide experienced a 9.4 percenyt decrease in occupancy year over falling from 71 percentyto 61.6 percent. Also on the state level, the average daily rate went down 7.9 percent, from $117.8 0 last year to $108.53 this and RevPAR took a dive, falling 20.1 percent, from $83.655 to $66.84.
Saturday, July 9, 2011
La Madeleine chooses new HQ site in Dallas - Birmingham Business Journal:
http://www.simplemethods.biz/index.php?option=com_content&view=article&id=189%3Awater&Itemid=65
La Madeleine said it will relocateinto 17,000 square feet at 12201 Meritt Drive in Dallas. The building that will house the restaurantt chain is a Class A building that just recentlyunderwenyt renovation. Le Madeleine signed a 10-year lease with Parmenter Two Forestg LP forthe space. La Madeleinr said it was attracted to the spac e because the facility provides the company with the room neededd to grow withthe company. Dallas-basedr architectural firm Benson and Hlavaty will design theinteriorr space. The facility is scheduled to be ready for its new tenantxsin mid-July. La Madeleine's current headquarters is at 6688 N. Centrap Exwy, Ste.
700 in La Madeleine was represented by Josh senior vice presidentwith ; and Sharrojn Morrison, principal with Transwestern. The landlord was representer byMatt Schendle, vice president with .
La Madeleine said it will relocateinto 17,000 square feet at 12201 Meritt Drive in Dallas. The building that will house the restaurantt chain is a Class A building that just recentlyunderwenyt renovation. Le Madeleine signed a 10-year lease with Parmenter Two Forestg LP forthe space. La Madeleinr said it was attracted to the spac e because the facility provides the company with the room neededd to grow withthe company. Dallas-basedr architectural firm Benson and Hlavaty will design theinteriorr space. The facility is scheduled to be ready for its new tenantxsin mid-July. La Madeleine's current headquarters is at 6688 N. Centrap Exwy, Ste.
700 in La Madeleine was represented by Josh senior vice presidentwith ; and Sharrojn Morrison, principal with Transwestern. The landlord was representer byMatt Schendle, vice president with .
Wednesday, July 6, 2011
Choosing a financial partner depends on company
ibitasony.wordpress.com
We asked several financial executives to talk about theirr competitors on thisbasic premise: Are there timed when another kind of financial institution would work best for someone’es business needs? Their combined answeres are below. And if you’re in the markegt for a new financial partner, this may help with your Q: Imagine you’ve got a businessz owner in frontof you. When woulds you recommend they go to a largs regional ornational bank? A: Companies with highlyy sophisticated needs such as investment bankingh and capital markets probably are not a good matcb for a smaller, locally owned as those services are typically not offered.
Findingg the right provider for any client shoulxd involve exploring options with an honest assessment of their needs and an evaluation ofvarious providers’ pricing, technology and other factors to establish a mutualluy beneficial partnership. It is vitall important for the banker to understanrdthe customer’s business, in termsz of how things are done and what the strategy is. A smalk business with a single locationn may be able to get its banking needs met througgh anearby institution. But, if the business is operated out of more than one or has a traveling sales or gets deliveriesin far-flung locations, a bank with brancheds probably would be more useful.
This woulsd also accommodate those employees, particularly in manufacturinfg businesses, who may not have access to onlins options and will need a place to cash It also is not necessarily a bad thing when a bank merges or is acquirex by alarger company. it’s a seamless process, and the mergert may add even more services that will fityour Q: Imagine you’ve got a businesa owner in front of you. In what instances would you recommen d they go to acommunity bank? Communithy banks do a good job cateringg to those businesses or real estate developerds who have a smaller, simple or one-offg credit request — often a secondary credity relationship to their primarty bank.
Community banks have historicall leaned towardreal estate-secured transactions with less emphasis on cash flow-baseed commercial and industrial lending. Small to medium-sizw business owners may find theultimate decision-makedr sitting across the desk, sometimed making it easier to negotiate credit terms. A larger bank’ds business model focuses on comprehensive financialo solutions packages for businesses that go well beyond lending, often including equipment treasury management, payment trust and deposit services. For it is a trade-off between ease of doing businesz for limited services versus more sophisticated solutionss ofany size.
It depends on what you need and sometimea on what you are willing topay for. Q: Imaginer you’ve got a business owner in frontof you. In what instancesz would you recommend they go to acredit union? When shopping for a credit union, realize many offef the same services as a bank but require membere to meet some type of such as being employed by a certaihn company or living within certain boundaries. Many credit unions have changed their charters toalloqw small-business owners and their employee to join.
It is a relationship that benefitsboth parties: It gives businesses and theirf employees access to credit union services, whiles the credit union benefits from the additiob of members increasing its assets. The high-touchy personal service, long a trademari of credit unions, resonates with employeed and their bosses. Such advantagese are questions to ask of credit unions seekinyyour business. Business owners interested in joining a credit union should look for one that meets as many of their financial needs as Some credit unions might be more focusexd on business transactions and dedicate a telleerfor companies, payroll services, managing employee retirement plans and merchantf services, including the processing of debit and credit cards.
In recent years, small businesses have increasinglyy turned to credit unionsfor
We asked several financial executives to talk about theirr competitors on thisbasic premise: Are there timed when another kind of financial institution would work best for someone’es business needs? Their combined answeres are below. And if you’re in the markegt for a new financial partner, this may help with your Q: Imagine you’ve got a businessz owner in frontof you. When woulds you recommend they go to a largs regional ornational bank? A: Companies with highlyy sophisticated needs such as investment bankingh and capital markets probably are not a good matcb for a smaller, locally owned as those services are typically not offered.
Findingg the right provider for any client shoulxd involve exploring options with an honest assessment of their needs and an evaluation ofvarious providers’ pricing, technology and other factors to establish a mutualluy beneficial partnership. It is vitall important for the banker to understanrdthe customer’s business, in termsz of how things are done and what the strategy is. A smalk business with a single locationn may be able to get its banking needs met througgh anearby institution. But, if the business is operated out of more than one or has a traveling sales or gets deliveriesin far-flung locations, a bank with brancheds probably would be more useful.
This woulsd also accommodate those employees, particularly in manufacturinfg businesses, who may not have access to onlins options and will need a place to cash It also is not necessarily a bad thing when a bank merges or is acquirex by alarger company. it’s a seamless process, and the mergert may add even more services that will fityour Q: Imagine you’ve got a businesa owner in front of you. In what instances would you recommen d they go to acommunity bank? Communithy banks do a good job cateringg to those businesses or real estate developerds who have a smaller, simple or one-offg credit request — often a secondary credity relationship to their primarty bank.
Community banks have historicall leaned towardreal estate-secured transactions with less emphasis on cash flow-baseed commercial and industrial lending. Small to medium-sizw business owners may find theultimate decision-makedr sitting across the desk, sometimed making it easier to negotiate credit terms. A larger bank’ds business model focuses on comprehensive financialo solutions packages for businesses that go well beyond lending, often including equipment treasury management, payment trust and deposit services. For it is a trade-off between ease of doing businesz for limited services versus more sophisticated solutionss ofany size.
It depends on what you need and sometimea on what you are willing topay for. Q: Imaginer you’ve got a business owner in frontof you. In what instancesz would you recommend they go to acredit union? When shopping for a credit union, realize many offef the same services as a bank but require membere to meet some type of such as being employed by a certaihn company or living within certain boundaries. Many credit unions have changed their charters toalloqw small-business owners and their employee to join.
It is a relationship that benefitsboth parties: It gives businesses and theirf employees access to credit union services, whiles the credit union benefits from the additiob of members increasing its assets. The high-touchy personal service, long a trademari of credit unions, resonates with employeed and their bosses. Such advantagese are questions to ask of credit unions seekinyyour business. Business owners interested in joining a credit union should look for one that meets as many of their financial needs as Some credit unions might be more focusexd on business transactions and dedicate a telleerfor companies, payroll services, managing employee retirement plans and merchantf services, including the processing of debit and credit cards.
In recent years, small businesses have increasinglyy turned to credit unionsfor
Monday, July 4, 2011
Bedtime story for Jacob was full of promise - Victoria Times Colonist
cicugaha.wordpress.com
Bedtime story for Jacob was full of promise Victoria Times Colonist Part of 90 Minutes Live, a program hosted by Peter Gzowski, the instalment aired in December 1976, the year after Richler published his first children's book: Jacob Two-Two Meets the Hooded Fang. The offspring at his side is Jacob Richler, ... |
Saturday, July 2, 2011
Kauai condominium prices soar - Pacific Business News (Honolulu):
http://salaunfranke.com/?p=38
The median price of a Kauai condoi in Augustwas $589,000, a 30.3 percent increase over the same monthy last year, when the median pricd was $452,000, according to figures releasedf by Wednesday. Condo prices for the firsrt eight months of the year are up as The median condo price through the end of August was a 43.3 percent boost over the same perioc last year, when the median price was $389,000. The price increases are basedf on considerablyfewer sales. The 23 units sold in Augus were 30.3 percent fewer than the 33 unitss sold inAugust 2006. There were just 220 sales during the first eightr months ofthe year, a 58.
3 percenty drop from the same perioxd in 2006, when 528 units The median price of a single-familt home on Kauai last month was $599,000, a 23 percenf drop from August 2006, when the price was However, for the first eightf months of the year, the median pricer was down by just under 4 to $655,000 from $680,000. The 20 single-family homed sold in August were 44.4 percent fewer than the same month last year when 36homeds sold. Sales were down just 5.4 percen for the first eight months of the with 298 homes sold through Augusrt ofthis year, compared to 315 homes sold durinfg the same period last year.
The median price of a Kauai condoi in Augustwas $589,000, a 30.3 percent increase over the same monthy last year, when the median pricd was $452,000, according to figures releasedf by Wednesday. Condo prices for the firsrt eight months of the year are up as The median condo price through the end of August was a 43.3 percent boost over the same perioc last year, when the median price was $389,000. The price increases are basedf on considerablyfewer sales. The 23 units sold in Augus were 30.3 percent fewer than the 33 unitss sold inAugust 2006. There were just 220 sales during the first eightr months ofthe year, a 58.
3 percenty drop from the same perioxd in 2006, when 528 units The median price of a single-familt home on Kauai last month was $599,000, a 23 percenf drop from August 2006, when the price was However, for the first eightf months of the year, the median pricer was down by just under 4 to $655,000 from $680,000. The 20 single-family homed sold in August were 44.4 percent fewer than the same month last year when 36homeds sold. Sales were down just 5.4 percen for the first eight months of the with 298 homes sold through Augusrt ofthis year, compared to 315 homes sold durinfg the same period last year.
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