Monday 20 December 2010 4:27 am UK economic growth will drop to a “very sluggish” level in the first quarter of 2011 as consumer spending weakens, the Confederation of British Industry has said.Reduced household spending after the VAT rise will hold back first-quarter growth to about 0.2 per cent, down from 0.8 per cent at present and a slight reduction on its previous forecast of 0.3 per cent.The CBI’s latest economic recovery revised the 2012 growth forecast upwards to 2.4 per cent, but said this is still very subdued for the late stages of a recovery.“The pace of recovery in the UK economy has been slightly stronger over the past year than we and many others had expected, and somewhat faster than typical during the first year out of a recession. “But we do not expect that rapid pace of growth to continue over the next two years of recovery,” said CBI chief economic adviser Ian McCafferty. The forecast cautioned that inflationary pressures will remain high over the course of 2011, and “significantly exceed” the stated two per cent target of the Bank of England.“The persistent strength of energy and commodity prices is a growing concern, as it is likely to mean that inflation does not fall back quite as sharply as many hope,” McCafferty said.The CBI said it expected the Bank to begin to “normalise” monetary policy in the spring, followed by a slightly faster stimulus withdrawal over the second half.It expected interest rates to rise from the current record low of 0.5 per cent to 2.75 per cent by the fourth quarter of 2012.But the CBI still believes a double-dip recession is unlikely, even if the recovery remains “fragile” and has predicted “fairly modest” growth of 0.4 per cent, 0.5 per cent and 0.5 per cent over the second, third and final quarters of 2011. Share CBI forecasts sluggish start to 2011 alison.lock whatsapp Tags: NULL by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeHistorical GeniusHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeHistorical GeniusMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Times More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSidney Crosby, Alex Ovechkin are graying and frayingnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com whatsapp Show Comments ▼
“We are pleased that shareholders with around 51% have now irrevocably agreed to accept the offer and would urge other shareholders to do the same by 18 March.” Topics: Strategy M&A Entain increases Enlabs takeover offer to SEK3.7bn 1st March 2021 | By Robert Fletcher Gambling giant Entain has increased its acquisition offer for Enlabs from SEK40 per share to SEK53, valuing its overall bid for the Baltic-facing operator at SEK3.7bn (£314.6m/€363.9m/$439.2m). M&A Entain’s board and shareholders owning 42.2% of Enlabs had backed the offer, and Enlabs recommended the bid be accepted, but some minority Enlabs shareholders rejected the bid, saying that it “materially undervalues” the business. Email Address In response, Entain has now tabled an increased bid, with the acceptance period to run until 18 March. Entain previously extended this period from 18 February in order to allow enough time to secure all necessary approvals for the deal. Enlabs’ independent bid committee informed Entain it would recommend Enlabs shareholders accept the increased offer and that its formal statement will be announced no later than one week prior to the expiry of the acceptance period. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Entain lodged an initial bid for the Enlabs business in January – an offer valued at SEK3.9bn – while full details of the proposal were published later in the month. “Against this background, we have decided to make a final offer of SEK53 to all shareholders, providing an opportunity to exit their investment at a very attractive valuation. “Entain will be the best home for Enlabs, its employees and customers,” Entain chief financial officer and deputy chief executive Rob Wood said. Including the 42.2% of Enlabs shares owned by Entain board and shareholders, a total of 51.0% of shareholders with shares and votes in Enlabs have backed the new offer. Entain said it would not increase its offer again and, subject to final shareholder and regulatory approval, hopes to complete the acquisition by the end of March. Tags: Enlabs Entain Shareholders representing the majority of Enlabs have now backed the improved offer. Subscribe to the iGaming newsletter Regions: Baltics Central and Eastern Europe
Polaris Bank (SKYEBA.ng) listed on the Nigerian Stock Exchange under the Banking sector has released it’s 2010 abridged results.For more information about Polaris Bank (SKYEBA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Polaris Bank (SKYEBA.ng) company page on AfricanFinancials.Document: Polaris Bank (SKYEBA.ng) 2010 abridged results.Company ProfilePolaris Bank formerly (Skye Bank Plc) is a financial services institution in Nigeria offering banking products and services in the retail, commercial, corporate, treasury and investment banking sectors. The Retail Banking division provides a full service offering ranging from transactional accounts, deposits and term savings accounts to consumer loans and mortgages. The Commercial Banking division provides direct debit facilities, current accounts, deposits, overdrafts and loans as well as credit facilities, foreign currency and derivative products. The Treasury, Corporate and Investment Banking divisions offer financial instruments trading, structured financing and corporate leasing products. Other services offered by Skye Bank Plc include money transfer services, insurance brokerage, micro-financing, capital market, registrar and property development services. Skye Bank Plc’s head office is in Lagos, Nigeria. Subsidiaries of Skye Bank Plc include Sky Bank Sierra Leone Limited, Skye Bank Gambia Limited and Skye Bank Guinea Limited. Polaris Bank formerly (Skye Bank Plc) is listed on the Nigerian Stock Exchange
LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Animated: Maro Itoje is always very vocal on the pitch It is something that winds some people up – players celebrating a scrum penalty, a turnover, even forcing a knock-on. Take the British & Irish Lions’ loss to the Blues on Wednesday. After the game Maro Itoje came in for considerable stick on social media due to his vociferous celebrating of a penalty being awarded to his side at the breakdown on the 72nd minute. He drew some ire, alright.It is interesting to ask: what is your view on it? Had the Lions – who have ostensibly fielded two teams that need something, anything to bond over – won, the view of some critics may have been very different. Perhaps you see it as petulant, regardless of the situation. But not all players are the same.It is interesting to contrast two opposing approaches on the pitch. Neither or both are right, depending on personal taste. Up first talking purely about his own habits is Crusaders prop Owen Franks, who will start against the Lions tomorrow and who was named in the All Blacks squad for the Test series.Reserved guy: Owen Franks keeps his cheering to a minimum“If I’m right there I will (celebrate a try),” the Kiwi tighthead said yesterday. “But usually I just want to get back there and get my breath back! I’m definitely not one to celebrate over the top most of the time. If I’m not right there I’ll just waddle back and get ready for the next play.“Hell yeah (succeeding still means a lot). Not so much early in games, when you know you’ve got so much ahead, but you know, those crucial moments like our drop kick on the weekend, that’s a pretty awesome buzz.”What Franks is referencing there is the Crusaders’ last-gasp drop-goal win over the Highlanders last week. It was a special, unexpected moment for a team that is yet to be beaten this season in Super Rugby.FOR THE LATEST SUBSCRIPTION OFFERS, CLICK HEREYou may think ‘I will be as stoic as Franks, any time, anywhere.’ Fair enough. But there is another approach too. Here is what Lions front-rower Jamie George had to say when asked about Itoje’s back-slapping. Maro Itoje got stick for celebrating a penalty award for the Lions against the Blues, but is it worth worrying about? “The example you are talking about, we were defending for a large part of the game and at Saracens we are told to celebrate the small victories.“If you watch any of our games we often celebrate if we get a turnover, because we want to celebrate the effort of the players around us, we are putting in a huge amount of effort trying to get the ball back. It was a refereeing decision but it was off the back of all the work that our team-mates had done.”It’s not a cut and dry thing, is it. Certainly the Saracens fans would be more appreciative of moments like this, but who’s to say even a dry performer can’t get caught out.Celebrating Saracen: Jamie George supports Maro Itoje celebratingGeorge continues: “Maro brings a huge amount of energy to everyone that is around him and him celebrating just shows that he cares. It is all intrinsic with him, he just cares about the team and when he reacts like that it lifts everyone around him. If you look at a lot of the English guys and Saracens we are all very similar in that respect.“We care for the jersey, we care for our families and those are the people we are representing when we go on the field. Maro is a very proud person, I know that, that is probably why he reacted as he did and I don’t see any issue with that. “I think it is a huge positive, I have been coached since I was 14 to celebrate stuff like that and I don’t think I am going to change anytime soon.”No two situations are the same, clearly. What gets people’s backs up, is when it spills over into histrionics. Rugby is a game in need of balance in terms of play. Are you willing to allow a little emotion every once in a while, or do you see it as pure kidology?
Lead Architect: Houses Projects Photographs: Chalermwat Wongchompoo Manufacturers Brands with products used in this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/901284/siri-house-gla-design-studio Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/901284/siri-house-gla-design-studio Clipboard Thailand ArchDaily SIRI House / GLA DESIGN STUDIOSave this projectSaveSIRI House / GLA DESIGN STUDIO “COPY” Save this picture!© Chalermwat Wongchompoo+ 29Curated by María Francisca González Share CopyHouses•Amphoe Pak Kret, Thailand 2018 Rinrada Nirot Photographs Year: Manufacturers: Bluescope, Porcelanosa Grupo, Aree Trading, SCG, Tostem Area: 300 m² Year Completion year of this architecture project Architects: GLA DESIGN STUDIO Area Area of this architecture project Assistant Architect:Apisit SornthongLandscape Architect:Pitch NimchindaClient:Sirasit SirisawasdibutrCity:Amphoe Pak KretCountry:ThailandMore SpecsLess SpecsSave this picture!© Chalermwat WongchompooRecommended ProductsCeramicsGrespaniaWall Tiles – Wabi SabiWindowsFAKRORoof Windows – FPP-V preSelect MAXWindowsJansenWindows – Janisol PrimoDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemText description provided by the architects. The building is more like their ‘Life Gallery’ than the house. Their lifestyle required space that exhibit their memories of traveling and their love of nature. The first level open plan is for flexible space and matched with modern lifestyle. Although the house embraced by the greenery, there’s still the courtyard – connecting living space in the East Wing to the West Wing service area.Save this picture!© Chalermwat WongchompooSave this picture!Lower Floor PlanSave this picture!© Chalermwat WongchompooThe courtyard is capable of supporting both active and passive activities, spacious timber deck with fish pond and water feature for throwing a party at home and lawn with benches for chill out while enjoying the garden under the tree canopy. Affording privacy, a horizontal void at the gallery allows inhabitants to see their neighbors passing or guests who always visit them.Save this picture!Section 1The second level is a private floor which one wing for children and the other for owners’ private floor. Both are connected by the full height frameless glass along the bridge that link courtyard and front yard harmoniously into the interior. Beside the house got more natural light, natural ventilation also brought about by the courtyard. We bring greenery even closer to the green façade at the front of the house which acted as a shading device and a view.Save this picture!© Chalermwat WongchompooLandscape design of the house based on the harmony concept. Each tree and shrub was carefully selected and placed to implement each function of the house, such as the frangipani at the end of courtyard acted as the vertical element creating an enclosed feeling and acted as the focal point when viewed from the corridor.Save this picture!© Chalermwat WongchompooProject gallerySee allShow lessBank of Thailand’s Northeastern Region Office / Plan architectSelected ProjectsSan She House / llLab.Selected Projects Share CopyAbout this officeGLA DESIGN STUDIOOfficeFollowProductsWoodSteelConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesAmphoe Pak KretThailandPublished on September 05, 2018Cite: “SIRI House / GLA DESIGN STUDIO” 04 Sep 2018. ArchDaily. Accessed 11 Jun 2021.
Red alert for green journalism – 10 environmental reporters killed in five years to go further News News IndonesiaAsia – Pacific Reporters Without Borders calls on communication and information minister Tifatul Sembiring to rescind his announced plans for Internet filtering. According to the minister, Indonesia’s more than 200 Internet service providers have agreed to begin blocking access to porn sites today, the start of the holy month of Ramadan.“This measure is absolutely pointless, it is complicated to implement and it could set a dangerous precedent for freedom of expression,” Reporters Without Borders said.There are many reasons for opposing this policy. No list of sites to be banned has been given to ISPs, which will have to decide for themselves which sites should be blocked. Filtering websites inevitably causes collateral damage by blocking other websites with no direct link to pornography. It will also slow down connection speeds throughout the country.Once the mechanism has been put in place, the authorities will be tempted to extend the filtering to more controversial and ill-defined areas such as violation of moral standards.The filtering was prompted by the circulation of videos purportedly showing a well-known pop singer having sex with two TV presenters. This led to the Internet being blamed for a decline in values in Indonesian society.The directive that the minister sent to ISPs instructing them to implement the filtering has not been published. But those that fail to comply have been threatened with closure. The ISPs have objected to the measure because on the grounds that it will be difficult to implement. Indonesia seems determined to control the evolution of new technologies. (http://en.rsf.org/arabie-saoudite-research-in-motion-under-pressure-06-0…) August 11, 2010 – Updated on January 20, 2016 Government orders ISPs to start anti-porn filtering News On eve of the G20 Riyadh summit, RSF calls for public support to secure the release of jailed journalists in Saudi Arabia Receive email alerts Melanesia: Facebook algorithms censor article about press freedom in West Papua August 21, 2020 Find out more IndonesiaAsia – Pacific November 19, 2020 Find out more Help by sharing this information Follow the news on Indonesia News Organisation RSF_en August 12, 2020 Find out more
Organisation MaldivesAsia – Pacific April 23, 2018 Find out more September 12, 2018 Find out more RSF_en Maldivian president’s comms chief accused of sexually harassing journalist Follow the news on Maldives Receive email alerts to go further News Reporters Without Borders deplores the continuing persecution of the opposition television station Raajje TV. In the latest development, the supreme court has told the police to investigate Raajje TV’s CEO and news department chief over a supposedly “offensive” report about the judicial system that the station broadcast on 19 October.“Not only is the accusation spurious but the investigation has been assigned to the police, which has no competence in such a matter,” Reporters Without Borders said. “As the Maldives Media Council, the Maldives Broadcasting Commission and the opposition Maldivian Democratic Party have all said, such an investigation is the Council’s responsibility.”“The police should concentrate on identifying and arresting the perpetrators and instigators of the arson attack that gutted the station’s premises on 7 October instead of worrying about the quality of its programmes.“This unconstitutional order follows a failure on the part of the police to protect Raajje TV’s headquarters although they had been informed about the threats it had received, and it shows that the authorities are endorsing an offensive designed to silence Raajje TV by any means necessary.”Reporters Without Borders added: “Ever since a change of government in February 2012, Raajje TV has been banned from the president’s news conferences and has been denied police protection during demonstrations. We remind the government that it has a duty of guarantee freedom of information and media independence.”Raajje TV news department chief Ibrahim Asward Waheed told Reporters Without Borders that the station has received new threats, in which it is warned that it could be target of another physical attack.“We are all very worried,” he said. “When I reported these threats to the authorities and requested additional police protection, they suggested that I hire private security guards.” The police inaction during the 7 October arson attack has been widely criticized.The police investigation into Waheed and CEO Yamin Rasheed was ordered in response to a programme that likened the judicial system to the biblical city of Sodom. Rasheed is also to be questioned about the station’s coverage of a sex scandal allegedly involving a judge.In a press release on 25 October, the Maldives Media Council said a police investigation into such a matter could create “fear and discomfort” in the media and restrict media freedom. Responsibility for such an investigation lay with the council and the Maldives Broadcasting Commission, the release added.The Maldivian Democratic Party said the police investigation was unconstitutional and asked the supreme court to rescind its order.The supreme court also asked the Maldives Broadcasting Commission to investigate the case but gave it only ten days to deliver its findings, although the law allows 60 days for an investigation so that the media concerned has time to defend itself.Maldives is ranked 103rd out of 179 countries in the 2013 Reporters Without Borders press freedom index. October 30, 2013 – Updated on January 20, 2016 Authorities continue to persecute opposition TV station MaldivesAsia – Pacific July 15, 2020 Find out more News RSF seeks press freedom pledges from Maldives presidential candidates News News RSF calls for open trial of Maldivian blogger’s accused murderers Help by sharing this information
EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Subscribe Community News More Cool Stuff Community News Pasadena Part of CVS COVID-19 Treatment Pilot Program Eligible patients can receive antibody therapy STAFF REPORT Published on Wednesday, December 2, 2020 | 5:51 pm faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Name (required) Mail (required) (not be published) Website Your email address will not be published. Required fields are marked * HerbeautyWant To Seriously Cut On Sugar? You Need To Know A Few TricksHerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeautyHerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty10 Questions To Start Conversation Way Better Than ‘How U Doing?’HerbeautyHerbeauty Make a comment STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Business News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. 15 recommended0 commentsShareShareTweetSharePin it STAFF REPORT First Heatwave Expected Next Week CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Top of the News CVS Health was selected today by the U.S. Department of Health and Human Services (HHS) to be part of Operation Warp Speed to pilot the administration of a limited supply of bamlanivimab, a monoclonal antibody therapy.The pilot is being rolled out in several cities, among them Los Angeles, which includes the Pasadena stores.“These newly available, important COVID-19 treatments can make a difference for patients at high risk for severe illness or complications, but they need to be administered intravenously by healthcare providers and with the appropriate clinical expertise and oversight,” said Dr. Sree Chaguturu, chief medical officer of CVS Caremark and senior vice president of CVS Health.“Our Coram model (the specialty pharmacy and infusion care business of CVS Health) allows us to meet patients where they are during the pandemic by delivering safe, clinically appropriate home-based care, and we stand ready to deploy our teams when and where the need is greatest as supply of these new monoclonal antibody treatments ramp up over the coming year,” said Chaguturu.COVID-19 patients at-risk of severe infection or complications resulting from the virus are eligible for the program.Under this pilot, Coram will administer the intravenous therapy in patients’ homes or long-term care facilities to help meet the growing demand for these new treatments.Coram and its more than 800 certified and highly trained nurses across the country are a prime example of how CVS Health offers diversified health services to transform health and meet people where they are – whether in normal times or during the ongoing pandemic.As COVID-19 rates surge in many parts of the country, Coram also has worked to help keep patients out of inpatient and hospital settings altogether, alleviating pressure on the healthcare system and preserving important hospital resources for the most critical patients.Since early in the pandemic, Coram has partnered with hospitals to safely transition eligible infusion patients home to help ensure hospital bed capacity to treat COVID-19 patients. Importantly, today’s announcement also expands the integral role of CVS Health on the front lines in the fight against COVID-19. This includes work underway with Health and Human Service and Operation Warp Speed to administer COVID-19 vaccines when available, as well as a national COVID-19 testing infrastructure, which has enabled the company to perform more than 8 million tests across more than 4,300 retail testing locations and onsite at workplaces and campuses around the country since the start of the pandemic.Coram will begin administering 1,000 doses of monoclonal antibody therapies for the treatment of COVID-19 in seven cities and their surrounding communities starting Thursday, Dec. 3, including Boston, Chicago, Cleveland, Los Angeles, Milwaukee, Minneapolis and Tampa, as new COVID-19 infections continue to rise rapidly in these regions.Following the pilot, and as drug supply increases, Coram will scale this solution to additional markets in areas of greatest need.To be eligible for bamlanivimab through Coram, and in accordance with the therapy’s Emergency Use Authorization (EUA) issued by the U.S. Food and Drug Administration, patients must not be hospitalized, be within 10 days of symptom onset, at least 12 years of age or older, weighing at least 40 kilograms (or 88.2 pounds), and at high risk for progressing to severe disease and/or hospitalization.Patients can be referred to Coram for treatment from a hospital, urgent care or telemedicine appointment, long-term care facility or their primary care physician following a positive diagnosis. There is no out-of-pocket cost to the patient for this care.“Patients can rest assured they are receiving the best care possible through Coram in the safety and comfort of their own home or long-term care facility, and Coram is poised to continue to meet shifting health care demands as the importance and value of home-based care will undoubtedly outlive the pandemic,” added Prem Shah, Pharm.D., executive vice president of CVS specialty and product innovation.“This established and experienced clinical service further demonstrates CVS Health’s unique ability to touch all aspects of a person’s health to make their experience more accessible and affordable,” Shah said.More information on steps CVS Health has taken to address the COVID-19 pandemic is available at the company’s frequently updated COVID-19 resource center. Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena
Facebook By Digital AIM Web Support – February 19, 2021 Facebook Pinterest TAGS Pinterest Twitter KING OF PRUSSIA, Pa.–(BUSINESS WIRE)–Feb 19, 2021– Purolite Corp. (“Purolite”) and its principals, Stefan and Don Brodie, today added a claim for negligent misrepresentation to its extensive complaint against its former accounting firm Citrin Cooperman & Company, LLP (“Citrin”), its co-founder and CEO, Joel A. Cooperman, and several of its principals. This new claim was added to the eight-count complaint Purolite and the Brodies filed against Citrin and its principals in April 2020 alleging, among other things, fraud, gross negligence and breach of contract. The lawsuit chronicles Citrin’s blatant incompetence, intentional concealment and extreme bad faith, which resulted in Purolite’s unwitting failure to meet its tax filing obligations. Citrin’s malfeasance caused Purolite to suffer substantial harm and required the company to hire new accountants and lawyers to remedy the breach the accounting firm caused. The lawsuit was filed in the Philadelphia, PA Court of Common Pleas. Citrin falsely represented to Purolite that it had completed and filed all required returns with governmental entities, when in fact, Citrin never filed corporate returns for tax years 2013 through 2017 and failed to properly file required tax forms for Purolite’s foreign affiliates from 2010 through 2017. Purolite’s founding partners have consistently paid all of the taxes that Citrin Cooperman advised were owed, including for the years for which Citrin Cooperman failed to file the corporate tax returns. When Purolite first discovered Citrin’s dereliction of duty in mid-2019, Purolite immediately confronted Citrin and demanded explanations, documents, copies of returns and other relevant paperwork. Citrin admitted to its egregious errors and initially feigned cooperation, but has since obstructed Purolite, exacerbating the already significant damages suffered by Purolite. Citrin compounded its misconduct by concealing its failure to file the relevant returns and hampering Purolite’s efforts to mitigate the harm Citrin caused by refusing to provide necessary records in its possession so that Purolite could belatedly file returns and related tax forms with governmental entities. In addition, Citrin forged signatures on [at least two] Purolite engagement letters in a fraudulent attempt to indemnify itself retroactively once its malpractice was discovered by Purolite. “We entrusted Citrin to properly file our corporate tax returns with the relevant governmental authorities and expected that, as a major accredited accounting firm, Citrin would fulfill those basic duties,” said Stefan Brodie, co-founder and CEO of Purolite. “Instead, they have not only abjectly failed to meet their professional obligations but also conducted themselves in a shockingly unethical manner, including forging my signature. They were given ample opportunity to remedy the situation but instead exacerbated it, leaving us no choice but to go back to court.” In hindsight, Citrin’s lies and other misconduct should not have been a surprise as it follows a pattern. Citrin has a documented history of professional malfeasance, including failure to file client tax returns and lying about it. An important Citrin partner was convicted of larceny and tax fraud for embezzling almost $1 million from several clients, two of whom were among his closest friends. Another Citrin partner, the former managing partner of the Philadelphia office, helped funnel clients to investment funds that were part of a multi-million-dollar Ponzi scheme that left innocent victims in its wake. In connection with Citrin’s gross professional misconduct, Purolite has also filed malpractice complaints against Citrin and several of its principals – Joel Cooperman, Mark Carrow, Alan Mandeloff, Mary Brislin and Terry Silver – with the Internal Revenue Service (IRS), the American Institute of CPAs (AICPA), the Pennsylvania Institute of Certified Public Accountants (PICPA) and the State Board of Accountancy for both New York and Pennsylvania. Purolite has requested that these regulators conduct a full investigation into Citrin’s professional negligence and take all actions warranted by its conduct, including revoking the licenses of Citrin Cooperman and the named individuals. Brodie continued, “To add insult to injury, Citrin concealed their failure to file our returns, while continuing to work with us and pretending that they had fulfilled all filing obligations. Furthermore, since our discovery of Citrin’s malfeasance, they have blatantly and repeatedly dissembled and hid the information we need to belatedly file the returns in question – which has exacerbated our damages. We had no other choice but to bring this matter to court and to the licensing boards in the hope that no other company will be subjected to the nightmare we have been forced to deal with.” About Purolite Founded in 1981, Purolite Corporation is a leading manufacturer of quality ion exchange, catalyst, adsorbent, and specialty resins. Headquartered in King of Prussia, Pennsylvania with 40 sales offices in more than 30 countries, the company has ISO 9001 certified manufacturing facilities in the USA, China and Romania and operates dedicated R&D centers in the USA, China, Romania, Russia and the UK. Purolite has pioneered the development of these technologies in adsorption, catalysis, condensate polishing, metals removal & recovery, nanoparticle milling, softening and demineralization. Key industries include hydrometallurgy, metals plating, pharmaceutical, potable and groundwater, power, semiconductor and sugar & sweetener. Please visit www.purolite.com for more information. View source version on businesswire.com:https://www.businesswire.com/news/home/20210219005498/en/ CONTACT: Sard Verbinnen & Co George Sard/Ellen Davis/Gloria Labbad [email protected] (212) 687-8080 KEYWORD: UNITED STATES NORTH AMERICA PENNSYLVANIA INDUSTRY KEYWORD: CHEMICALS/PLASTICS OTHER MANUFACTURING MANUFACTURING SOURCE: Purolite Corp. Copyright Business Wire 2021. PUB: 02/19/2021 04:39 PM/DISC: 02/19/2021 04:39 PM http://www.businesswire.com/news/home/20210219005498/enCopyright Business Wire 2021. Twitter WhatsApp WhatsApp Local NewsBusiness Purolite Adds to Its Lawsuit Against Accounting Firm Citrin Cooperman and Its Principals for Professional Misconduct, Negligence, Forgery, and Fraudulent Misrepresentation Previous articleEverbridge annuncia di essersi aggiudicata cinque contratti relativi alle soluzioni Public Warning con società di trasmissioni wireless, governi e Stati finalizzati alla protezione delle persone e delle aziende in Europa e in AsiaNext articleWilliams career-high 32 sparks WSU to romp over Cal 82-51 Digital AIM Web Support
New York Attorney General Eric Schneiderman has introduced an expanded version of the Abandoned Property Neighborhood Relief Act which he introduced last year in order to cut down on the number of “zombie properties” – vacant homes not maintained during the long foreclosure process – in the state.The modified bill is intended to expedite the foreclosure process on vacant properties and direct money collected for noncompliance of the law into a fund used to enforce the law, according to Schneiderman’s announcement.”New York will never be able to fully recover from the devastation of the financial crisis until we seriously reckon with the crisis of zombies,” Schneiderman said. “The Abandoned Property Neighborhood Relief Act, which enjoys the support of local elected officials, law enforcement, and fair housing advocates all across New York, will equip our local communities with the resources they need to halt the spread of abandoned and vacant homes. Albany can finally alleviate the burden that these blighted properties impose on our towns and cities by passing the Abandoned Property Neighborhood Relief Act during this legislative session.”The expanded bill requires mortgagees to provide homeowners with early notice that they are legally entitled to remain in their homes until the foreclosure process is complete (until a court orders them to leave), since many homeowners are unaware that they do not have to leave the house immediately when the foreclosure process begins. The bill also makes it illegal for a mortgagee to enter an occupied property and intimidate, harass, coerce, or otherwise induce the occupant to leave, which would render the property vacant.The bill requires mortgagees to take responsibility for maintenance of vacant properties soon after they are vacated, and not at the end of the foreclosure process, as called for by the current law. Mortgagees would be required to identify, secure, and maintain vacant and abandoned properties in addition to paying for the upkeep of those properties. Also, the new bill would require mortgages and loan servicing agencies to periodically inspect properties with delinquent mortgages to determine if they are still occupied.Also as part of the bill, mortgagees and their agents are required to electronically register zombie properties in a newly-created statewide database, the Vacant and Abandoned Property Registry, that will be established and maintained by Schneiderman’s office. Community residents can use a toll-free hotline to report suspected vacant properties, which can identify the mortgagee responsible for maintaining them. Responsible parties that fail to register abandoned properties will be subject to a civil penalty, according to Schneiderman’s announcement.Among the new provisions of the bill are a call to expedite the currently lengthy foreclosure process in New York and to direct penalties received for noncompliance with the law into a fund which local municipalities can use for enforcement of the law in the municipality where the violation occurred.”The foreclosure crisis left neighborhoods scarred by vacant and abandoned properties. The introduction of the Abandoned Property Neighborhood Relief Act brings New York State a step closer to curing the blight these properties bring to neighborhoods by holding banks accountable for their upkeep,” said New York State Senator Jeff Klein, Senate Coalition Co-Chair and sponsor of the new bill, S.4781. “We expect banks to maintain properties and we will keep a list of empty homes. We want to support towns and counties who have been dealing with the blight of zombie properties for too long. With the support of Attorney General Eric Schneiderman, my colleagues in the Senate and the Assembly, I hope we can pass this crucial package of legislation for New Yorkers.”Click here to see a video of Schneiderman discussing the new bill. April 20, 2015 1,422 Views New York AG Officially Introduces Expanded Bill to Fight ‘Zombie’ Foreclosures Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Print This Post Subscribe Brian Honea’s writing and editing career spans nearly two decades across many forms of media. He served as sports editor for two suburban newspaper chains in the DFW area and has freelanced for such publications as the Yahoo! Contributor Network, Dallas Home Improvement magazine, and the Dallas Morning News. He has written four non-fiction sports books, the latest of which, The Life of Coach Chuck Curtis, was published by the TCU Press in December 2014. A lifelong Texan, Brian received his master’s degree from Amberton University in Garland. The Best Markets For Residential Property Investors 2 days ago Previous: Gap Between Foreclosure Completions and Alternatives Widens Further Next: DS News Webcast: Tuesday 04/21/2015 The Best Markets For Residential Property Investors 2 days ago Sign up for DS News Daily Foreclosures New York Attorney General. Eric Schneiderman Zombie Properties 2015-04-20 Brian Honea Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Share Save About Author: Brian Honea Tagged with: Foreclosures New York Attorney General. 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