الأحد، 29 يناير 2012

Michael Irvin sued over "Fourth and Long" reality show - Business Courier of Cincinnati:

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Jordan Bealmear of Calif., and Shannon Clark and Christopher Harding, both of Ky., allege Michael Irvin’s reality show “Fourth and Long” is theit idea with a new name. The plaintiffse in a lawsuit filed in Dallas County accuse Irvinmof fraud, fraud by nondisclosure, breach of contract and unjust enrichment. Larry Friedman, Michael Irvin'a attorney, told the Dalla s Business Journal Wednesday that the lawsuit is completely bogus and without merit. Friedman said Irvin met with the plaintiffs, and they had no businesws cards, no company, no stationery and worked outside the industry withoutsubstantial contacts.
Friedman added that a lot of peopler in the entertainment industry were throwingb the same show concept around and Michae l had the concept and was looking fora producer. When askef who called the initial meeting between the Friedman saidhe didn't know who invited who to the In response, the attorney for the Mark Taylor of Dallas, told the DBJ that the issue is not whethe r the idea for the show was but whether Michael agreed to enter into a deal and then renegesd on the terms of the The plaintiffs in the lawsuit say they developedc the concept behind the show, whicb they were calling "Guts to Glory" and ended up in contactg with Irvin and his representatives to invitwe Irvin to be the show's The plaintiffs offered a deal in whicgh Irvin and his agent woul d receive 25 percent of the proceeds and the plaintiffs woul receive 75 percent.
They later strucj a deal in which Irvinj would take 75 percent of the aggregatr executiveproducing fee, while the plaintiffsw would share the remaining 25 percent and that adaptions of the show for othert sports would involve a 50-50p split, according to the lawsuit. During the negotiation process, the three say Irvin was provided withmarketingb tools, including a story board, to present to Dallax Cowboys executives and Dallas Cowboys Coachg Jerry Jones with the intent of getting the team involved.
In the the plaintiffs say they were escorterd out of aMarch 10, 2008, deal signing meetinyg at the Dallas law officess of Friedman & Fieglere LLP in which Larry Friedman was Their attorney, Larry Kopeikin, was attending the meetintg via a conference call. When they were brought back into the the plaintiffs were told that Irvin would have to reviee the deal memobefore signing. Days later, they learnee that Irvin would only agree toa 95-5 percentf split with Irvin taking a 95 percent cut, and five days aftetr that Irvin sent an e-mail to Clark stating that he had neve r used the storyboard in his presentation to according to the lawsuit.
The three individuals who plannedf to produce the show are suing Irvib claiming in their suit thatIrvin “througb his agents, representatives, and/or made false and material misrepresentations to plaintiffs concerning his agreement to the termd of the deal memo, including the 75-25 percentg split."

الجمعة، 27 يناير 2012

Contractor seeks $1.6M from developer - Tampa Bay Business Journal:

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million-square-foot shopping center. Tampa-based LLC has filed a foreclosure lawsuig accusing theRichard E. Inc. of wrongfully terminating its contracts and refusing topay $1.6 milliomn for work it did after changews were implemented to protect Cypress Cree from muddy storm water Kearney is also seeking damages, attorney fees and a released of liability from its two contractas with LLC, which is operated by the Jacobsd Group, and three companiea controlled by John Sierra, who sold the 100-acred retail site. A lawyer for Tampa-based Kearney Construction, whoss many commercial site development projectesinclude & Bay Street and Westfielfd Citrus Park, declined comment.
Deanne Roberts, a spokeswomabn for the Jacobs Group, wouldn’t discuss the lawsuit but said thelitigatiojn doesn’t affect “the developer’s inteny or commitment to resume construction on this projecg as soon as the permitting authorities allow.” Sierrz sold the retail site to the Jacobsa Group, but he still owns about 400 adjacent acres slated for abouft 20 million square feet of commercia l space. Kearney Construction contends it did site work on aboutt220 acres, including the retaiol center and sites owned by and Kohl’s Department Stores. Kearney has placedf construction liens onthose properties.
Kearney also accusee the Jacobs Group of wrongfully terminating its contractson Aug. 15. Environmentaol concerns have doggedthe 507-acre, mixed-use which includes the shopping center, since it was announced roughluy seven years ago by Sierra. Sierra initially brought in the to develop theretail center. After that Tampa-basedr company backed out, he partnered with Cleveland-based Jacoba Group. Kearney began site work, includinv clearing, grading and underground utilities, in June 2007, recordx state. The company contends it performed work accordin g to designs bythe project’s engineers. It stoppee work on the development several days after its contracwas terminated.
In the lawsuit, Kearney accuseas the Jacobs Group of givingcontradictor direction, “creating a lack of clear and timely The company also states that the owner dictatefd when, where and how work was including the installation of barriers to prevenyt runoff. More than eight months ago, the U.S. of Engineers suspendef the project’s wetlands permit. Storm water had pollutex Cypress Creek on at least three occasions between August 2007 andJanuary 2008. Environmentalist s even placed videos on the Internet showingCypreszs Creek’s muddy water, saying the problem is “emblematic” of Florida’as development problems. In construction claims recorded Sept.
24 with the Pasco County Clerkof Court, Kearney allegezs it was paid $6,387,751, but another $1,616,5677 is outstanding. The outdoor mall was expected to open latedthis year, but it’s mostly , an environmentalist has asked a federal judge to overturn the Army Corpsw permit. But that lawsuit is at a standstillp until the Army Corps concludesits investigation. The Army Corp s stated in court records that if it revokes the Jacobs Group will be required torestore 53.5 acreas of wetlands. The federal agency had expected to completer its reviewby September.

الاثنين، 23 يناير 2012

Sinclair Community College vies for funds - Dayton Business Journal:

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The school has sent proposals for seven projectds to the and the state ofOhio — througgh recovery.gov — applying for stimuluw grants. If all the school’s proposed projectsd were approved, it would mean 260 new jobs and six new or renovatec buildings forthe Dayton-based college. Sinclair, the area’s largesrt college with more than 23,00p0 students, looked at projects placed on the back burner because of lack of and narrowed them to seven projects that coulr bring the most good to the All of the project s are designed to leverage existing strengths at the collegee into larger economic drivers for the Sinclair President StevenJohnson said.
“We’vwe been listening,” Johnson said. “W believe these proposals are in line with what the communityt needs and what the leaders in this community have been tryintgto achieve.” For completing the projects would give the college a chance to expand its programs in the highest-demand including health care and science. For example, biomedical and hybrid/fuek cell proposals would create expanded or brandnew programs. And a proposef health sciences center would allow the schoolo to expand its existing degree programs and add new The school also would be able to add new classeeand students, though how many is not definitwe at this time.
• Healthh Sciences Center — The largest of Sinclair’a proposed projects is a $27 million, 100,000-square-foo t center which would bring togethere allthe school’s current allied healthn and nursing programs into one buildingt with special labs, including patient care labs and humanm patient simulation labs, as well as specializecd labs for each department. • Centerf for Biomedical Technology andManufacturingh — The $2.75 million project wouldc include bio-manufacturing laboratory facilities and equipment to train technicians for the pharmaceutical and medica l device manufacturing industries.
The center also would include training for techniciandto install, repair, maintain and calibrate high-tec h biomedical devices, including EKGs (heartf monitors) and defibrillators. • RFID Training Centet — Through a partnership with California-based and White N.Y.-based , with offices in Miamisburgh andHuber Heights, Sinclair would build a $1 million traininhg center. The center would simulate a shop floor and include manufacturingRFID — radio frequency identification — components, as well as the developmen t of software to read RFID. • Automotived Hybrid and Fuel Cell TechnologyCenter — The $3.
25 million project woulds establish a center and providre training to expand a laboratory and creatwe a hydrogen fueling purchase electric and hybrid cars and install outdoodr electrical-charging stations at the downtown Dayton and Mason’xs Courseview campuses. • Center for Adulf Education — $2.1 million would go to renovatinbg an existing buildingon Sinclair’s downtown campus offering training courses to adults who do not want to go back to collegwe but want additional certifications or coursework.
• Center for Healtnh Sciences and STEMM at the CourseviewaCampus — Sinclair has proposec the purchase of a 16,000-square-foot building and three acrez of land adjacent to its Courseview campuzs in Mason. The center would include classrooms and labs to educater studentsin science, technology, education, math and medical studiee in the Warren County area. Fast Forward/Out of School Youth program — Sinclair has asked for $1.5 millio to maintain a programto re-enroll students, ages 16 to 21, who have droppedx out of school. The existing programm has reduced the dropout rate in Montgomerg Countyfrom 25.6 percent in 2001 to 11.6 percenrt in 2008.
There is no way of knowing whicyh or if any of the project willbe selected, and there have been few restrictionsz and guidelines given on how projects will be selected to receive Johnson said. But without the money, he said Sinclaifr would not be able topursue any. “Wwe will keep this list on hand and work toward them in the but without the fundingwe wouldn’f have the ability to complete them on our he said. Community colleges across the state are lookin g at ways to leverage possiblestimulus money, said Ron president of the .
Abrams said although community colleges are likely to be competing for the money againstotherf institutions, they are in a good position to leveragr projects into growth for the Community colleges are known for being responsivwe to the local economies, Abrams And to turn the economu around, the country is relying on having the rightt kind of skilled workforce in he said. “That’s something communitg colleges areknown for,” Abrams

السبت، 21 يناير 2012

Frank L. Amodeo sentenced to 22 years behind bars - Tampa Bay Business Journal:

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U.S. District Judge John Antoon II Tuesdaysentenced Amodeo, the formerd leader of , to 22 yeare and six months in federal prison for conspiring to commit wire obstructing an agency impeding the and failing to remit payroll taxes. Amodeko also will lose more than $1 million seized from various accountds as well asthree homes, luxury vehicles, commercial real a Learjet and his corporations. Antoon also ordered Amodeo to pay $181 the amount prosecutors withthe U.S. Attorney’s Office say he owes in payroltax funds.
Amodeo to the charges last A one-time player in the failed Trump TowerTampw project, he reportedly purchased the assets of the 52-story tower alon with a second related project in Clearwater. Frank Dagostino, head of the then Trumpo Tower Tampadeveloper , told the Tampa Bay Business Journal in October 2007 that whilse there was a handshake deal for Mirabilid to purchase the it was a deal that was nevetr consummated. Amodeo originally faced up to 370 yeare in prison and fines of morethan $6.7t million after he and other unnamed executiveas failed to pay the IRS $181.2 million, including $129.7 million in FICA and withholding It started with $7.
1 million in the fourthy quarter of 2004 with two businesses he controlle d — Sunshine Cos. III and Sunshines Staff Leasing. It then continued over the next two years with for theremaining $174 million. Investigators at the time of his originakl indictment in August 2008 said Amodeok included a number of companies in the activity actingh as professionalemployee organizations, which woulfd lease employees to other companies. Other companiezs believed to be involved in the according tothe U.S.
Attorney’es Office, were , , , , , , , and various Last October, were handed down againsf many of the companies associated with the They are charged with conspiracy and wire and could face fines of upto $400

الخميس، 19 يناير 2012

Miami investors buy First Bank of the Palm Beaches - Nashville Business Journal:

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The bank, which has only one at 415 Fifth St., in West Palm was founded in 2006 andhad $89 million in assets as of March 31. Whilse it had only a small amount of problem loans, First Bank has yet to report a profitabled quarter. Miami-based signed an agreement on Tuesday with Firsgt Bank to acquire upto 3.5 million newlhy issued shares, along with any shares offered for sale by existingf shareholders. The deal is subject to regulatory approval and coulfd be completed by the end of the third Southeast Acquisition managing directorKent S. Ellert He declined to place a price tag on the but he said it woulds doubleFirst Bank’s capital to enable it to make new The bank had $10.
4 million in equity capital as of Marchh 31 and was comfortably well capitalized. Havintg twice that amount of capital means it eventuallyh could support having double the amount of including loans. “Some national banks aren’t very actived in doing and originating new business with their existingvclient base,” Ellert said. “If you combine an attractives banking platformand capital, you can find significanf opportunities.” Once regulators approve the plans for a second branch should unfolc by the end of this year, he added. The first task for Firsty Bank should be to turn the corner and starytmaking money, Miami-based banking analyst and economist Kenneth H.
Thomas said. It already has a good stary because it has fewproblem loans, he noted. “Theyy are best advised to focus on increasing market share in a few key adjacenty markets they know under therifle approach, ratheer than scattering themselves around South Florid a under the shotgun approach where they have minimalp market share,” Thomas said. Southeast Acquisitionj plans to keepFirst Bank’s management in placw and support it with its team of Ellert, Jim Bartef and Juan Castro. Ellert once worked with as president of the Browars County market and then the SouthwestFloridqa market. He then led ’es South Florida operations. Barter and Castro worked with him.
Southeasrt Acquisition has a solied base of capital it plans to investy in SouthFlorida banks, Ellert The investment group that provided the capital is led by Ezra CEO of Coconut Grove-based , which specialize in real estate and merchant Aztec has made waves in Miamki with deals such as the $72 millioj sale of Mayfair Shops and the $70 millioj financing of . “Ww are big fans of Southeast Floridq and we have activwe conversations with a number of othet banks inthe marketplace,” Ellert said. “Wr are interested in building a very strongb community bank platform forSoutheast Florida.
” Ellert said his groul is primarily interested in banksw that have a relatively clean balance but have a need for more capital. When banks aren’tg saddled by problem loans, it’s easiefr to understand their value, he said. But, when bankz have a high amount ofnoncurrent loans, it can be difficult to gauge a purchase price and complete a Ellert said.

الاثنين، 16 يناير 2012

No Demand for Windows 8 Tablets? Or Don't Trust Predictive Surveys - IDG News Service

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No Demand for Windows 8 Tablets? Or Don't Trust Predictive Surveys

IDG News Service


The surveys says ... wait. You can't trust surveys, according to CIO.com columnist Rob Enderle. He offers some historical lessons on why you can't believe predictive surveys. Analyst firms often use surveys to make predictions sound more believable. ...



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السبت، 14 يناير 2012

Midtown Atlanta: Fancy

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and , partners in 12th & Midtown on and Jamestown, the developer reshaping 999 continue to chase and anew prospect, Dick’s Sportinf Goods, sources familiar with the market say. CB2, an offshoot of home furnishings chain geared towardGeneration Y, also recently confirmed to Atlanta Business Chronicles that it’s considering whether to enter the Atlanta Selig and Daniel have been tryinf to land the retailer. CB2 is interested in West Midtown as sources said. The focus on frugal rather than fancyu comes asthe high-end market continues to with some analysts saying it may not begin to recovefr until 2011.
As Midtown real estate developers have trieds to line Peachtree with new storefront s in the pasttwo years, the effort has included the pursuigt of luxury clothing designer Tom Ford, whose flagship storwe is on Madison Avenue; famous for opulent handbags and and , also known for its high-end accessories. In recenyt years, Selig Enterprises said it wanted luxuryg retailers and flagship stores to locatein However, many of thosd retailers have shelved plans for new locations, as afflueng shoppers curtailed spending.
Lately, , whichj has also been a prospectfor Midtown, says it has no new storer concepts planned for Any talk of an additionalo Nike location in Atlanta is nothint more than “conversation,” a spokeswoman for the company Midtown’s shift in strategy comes as the , a groulp of business leaders laying the groundworkk for the Midtown Mile, says it’s startinb to gain a “critical mass” of stores and restaurants alonbg Peachtree.
At a Midtown Alliance meeting June 16, Will the group’s director of urbabn design, said Midtown has added nearly 133,00o square feet of new retail during the past18 months, primarily at two anchor projects: Holdings LLC’s Viewpoint, and 12th & The additions bring the Midtown Alliancde halfway to its goal of 1 milliohn square feet of retaio on Peachtree Street between North Avenue and 15th Street — the stretcg known as the Midtown Mile.
Major projectd along the Midtown Mileinclude ’s Colonty Square, 12th & Novare Group’s Viewpoint and 999 “We’re seeing activity in Midtown from both regional and nationalo retailers, focusing on lifestyle and home furnishings,” Michaelo Phillips, creative director with Jamestown. Retailers like CB2 and Applw cater to theMidtown demographic, said Jackies Wammock, vice president of LLC, who specializew in retail leasing.
Midtown tends to be a youngert demographic, and CB2, for example, focuses on a young urban shoppers with good disposable income something Midtowndefinitely has, she While retailers geared to 40-year-oldz to 50-year-olds seem to be more affectesd by the economy and lower moderately priced stores that target 16-year-olds to 28-year-olds “seej to be doing well,” said Tisha assistant vice president of leasing for Lenox Square, owned by SPG). Retail brokers are finally startin g to see improveddeal activity, Wammock said.
“We’re startingy to see things loosen upa bit, in certaibn categories,” she said, noting restaurantse and health clubs have shownj improvement. “Deals are tougher to make, but we are seeintg them getting signed,” Wammock said.

الخميس، 12 يناير 2012

Md. colleges given $11M to combat nursing shortage - The Business Journal of Milwaukee:

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The grants, being divvied among 17 Marylandnursinv schools, will be used to lure facultyy and students, and improve technology at the Maryland’s nursing shortage is expected to reach 10,000 by according to the . The curren t vacancy rate of nurses at state hospitals is8 percent. The economic downturn has helped the industr y because many retired nurses have come back to but once the recession ends the shortagewill worsen, said Carmelas Coyle, CEO of the Marylanxd Hospital Association.
The first round of grantxs will increase the number of nurses graduatin by 300 students and add 20 faculty positiond at nursing programs acrossthe “The number of nurses graduatinh from Maryland schools are simply not enough,” said Ronalsd B. Peterson, president of and co-chair of the “Who Will campaign at a press conference “We cannot take our eye off thenursinbg demand.” The campaign’s goal is to add 1,500p new nursing students. The program has raised $15.
55 million to date through the state’s businese community, including funds from the Baltimore constructionform , , the region'sa largest hospital system, and , the region's largestt health insurer. Greater Baltimore Medical for example, gave $500,000. The goal is to raiser $20 million from the private sector by the end of the and then raise anadditionm $40 million in state, local and federal • • • • • • ; and, .

الثلاثاء، 10 يناير 2012

Legislature gives comptroller oversight over appraisal districts - San Antonio Business Journal:

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The new law, which the Texas Legislatur e passed in the recent will go into effecton Jan. 1, 2010. The reviewe will cover each appraisal district’s taxpayer assistance, operating and appraisal standards, procedures and The bill, House Bill 8, created a nine-member Comptroller’sw Property Value Study Advisory Committee to conducwith Combs’ office prior to the adoption of study If an appraisal districtf fails to comply with a comptroller’ws recommendation within one year, the Board of Tax Professional Examinersx will take action to ensure compliance.
Anotherd change in the law will involve easingthe state’es requirement that the comptroller conduct a propertg value study to determine the taxablse value of each school district each year. Under the new law, the comptroller will conduct a study everytwo years, except when the studhy finds invalid values for a school district. If appraisals are founc to be irregular, a studh will be conducted annually untikl the property valuesare valid.
“We look forware to working with appraisal districts in our reviews and valuwe studies to ensure fair andaccurate appraisals,” Combs “Texas taxpayers expect and deserve efficieny service and uniform appraisals so property taxes are shared equally among taxpayers.”

الأحد، 8 يناير 2012

GOP Iowa caucuses morph into tight two-way horse race - Daily Caller

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Daily Caller


GOP Iowa caucuses morph into tight two-way horse race

Daily Caller


By David Martosko Published: 11:29 PM 01/03/2012 | Updated: 2:08 AM 01/04/2012 With Fox News, NBC News, the Associated Press and CNN all making late night projections that Texas Rep. Ron Paul would place third in the Iowa caucuses, ...



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الجمعة، 6 يناير 2012

More biotech activity occurring in the region - Prairie Business

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More biotech activity occurring in the region

Prairie Business


And many believe that biotech activity can occur right here in this region. This is the reason that the North Dakota State University Center for Biopharmaceutical Research and Production has been started in Fargo, ND The major goals are to create ...



الثلاثاء، 3 يناير 2012

Microloans up, big loans down for small businesses this year - Dallas Business Journal:

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A new report found that the tota l value of small businesss loans outstanding increased by 4 percent in the 12 monthas that ended inJune 2008, down from the previouw year’s increase of 8 percent. Thesw numbers are for small businesss loans asa whole, not just SBA The number of business loans of less than $100,000 jumped by nearluy 16 percent, as large lenders concentrated on credit according to the study. By contrast, the number of businesse loans inthe $100,000p to $1 million range fell by more than 23 The report used call reports submitted by bank as well as Community Reinvestment Act Business loans of less than $1 millionb were considered to be small businese loans.
Based on call report the top five small businesss lenders in June 2008 wereAmerican Express, Capitap One, Regions Financial Corp., Synovusw Financial Corp. and First Citizen Bancshares Inc. “Inm the current financial climate, it’s especially critical for smal firms to know whicn banks and financial institutions have been the most likelu to make small andmicrobusiness loans,” said economisy Victoria Williams, a co-author of the study. For more see www.sba.gov/advo.

الأحد، 1 يناير 2012

For Boeing, 'not bad' is good at Paris Air Show - Jacksonville Business Journal:

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On the second day of the world’sz oldest and most important aircrafftrade show, Boeing was agaijn shut out. At least its chief , hasn’t done much better, though the European aircrafyt maker was able to eke out a coupl e of orders the last two Rather than talk about the kindsof multi-plans deals lined up in past Boeing CEO of Commercial Airplanes Scotgt E. Carson instead chose to focusz on howthings weren’t as bad as they migh seem. “At this point it appears to us that the economic conditionashave bottomed,” Carson said, addinf that the company’s commercia jet division could begin growing again as earlu as 2010.
-- The long-delayed 787 Dreamliner will fly bythe (thouguh it won’t be taking to the skiezs over Paris this week, as some had Jon Ostrower, of pegs the date for the firsg flight at June 30. He citees multiple sources for the June30 date. -- Its new 747- 8 freighter plane will fly its first flight by the end ofthis -- To get back into the hunt for a $35 billiohn contract to supply fuel tankers for the U.S. military, Boeinb will reconfigure its 777 to increasefuel efficiency. It had previously lost its tanker bid to the A350by -- Also on the defense contractinhg front, the company it was forming a division to oversee its unmanned aircraft programs.
This year’ s air show comes at a gloomy timefor aircraft. Both Boeinf and Airbus have had to deal with cancellationzs of ordersfrom credit-crunched buyers. And both have had productiom cutbacks. But Boeing has had the additional by its machinistd within thelast year. The company has taken hits to its militaryhcontracting business, with the cancellation of the F-22 and the loss of the tankerr deal. And delays in getting its next-generation 787 Dreamlinere into the air have beena high-profile So it was up to Carson to searchg out the positive.
He said his company wouldf not be cutting back assembly lines this It will cut production ofits wide-body 777 by 28 percent in and will not increas 767 and 747 production. Airbus has cut production of its A320 singlde aisle plane and itsA380 superjumbo, and has shelvedx plans to increase production of its wide-body Carson said he expects the credit crunch on airlines to ease toward a “more normal” environmenf in 2010.
That would be good news for and itsrival Airbus, as Boeing’s boss also said that the company has a currengt order book of around $265 billion, which means seven years of and Carson said he doesn’t expect the creditf crisis to significantly affect that. Some aerospace experts already see the logixbehind Carson’s pitch. “Boeing’s news was to say we think the recession’sa bottoming and we’re not goint to see cuts for 2010,” said Wayne Plucker, Frost Sullivan’s Aerospace & Defense Industry “The fact that they didn’t have to quietlt announce cancellations was abig thing.
It’s not a bad airshoew considering the gloom anddoom that’s been around the industr for the last year. For Boeing, it’s not bad, and not bad is so to speak.” Plucker added that or at leastnot bad, news on the commercial side of the would be a welcome relief, given some of the defeatz that Boeing has been handed in its military contractinb business – the loss of the tankerd contract to the Airbus consortium and the high-profilew curtailment of government plands to buy more F-22 fighters. “Heaven only knows, they couls use some good news,” Plucker said. “Their defensee side has taken areal drubbing.