Litigation Funds

Latest News for: Litigation funds

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Sovereign Debt Restructuring: Not Falling Prey to Vultures

CounterPunch 15 Oct 2019

However, a group of US vulture funds refused to settle and dragged Argentina through years of litigation in US courts. Vulture funds purchase distressed debt at steep discounts and use litigation to force payouts ... The Fund again reform when the issue resurfaced during the final stages of vulture fund litigation against Argentina....

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City approves Duncan Park Preservation Fund

Grand Haven Tribune 15 Oct 2019

“Since the current onslaught of litigation we have ... City Council approved the fund agreement Oct ... With a fund in place, McGinnis said the community can battle against such litigations and make sure an asset such as Duncan Woods isn’t lost, ensuring the natural area remains as it is....

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AYO rejects PIC's 'reckless' allegations that it's siphoning funds offshore

Independent online (SA) 15 Oct 2019

During a parliamentary session on Tuesday the Public Investment Corporation’s (PIC) acting executive head of Legal Counsel, Governance and Compliance, Lindiwe Dlamini, advised that the PIC was looking at instituting court action against AYO with a view to halting the alleged siphoning of funds offshore by the ICT company....

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Q&A: Morgan sheriff struggles with inmate health costs

Decatur Daily 13 Oct 2019

Former Sheriff Ana Franklin was in litigation until recently over the inmate food account. Did she leave you with enough funds to feed inmates? ... Is funding a problem for the Sheriff’s Office? ... Funding is a problem ... Honestly, if it wasn’t for all the other funds that come into the Sheriff’s Office, we would not survive....

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Opioid litigation could lead to payout in Grand

Sky-Hi News 11 Oct 2019

The town has the option to opt out of this litigation, but Krob recommended Granby do nothing, which would include Granby in the lawsuit by default ... However, the intention of the litigation group is to avoid the mistakes made in that agreement by ensuring the funds from this payout go directly toward treating the opioid crisis....

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Court rejects Ohio attorney general’s attempt to stop county control of opioid trial

The Morning Journal 11 Oct 2019

The lawsuits, coming from Cuyahoga and Summit counties, will go on as scheduled. The trial date is set to begin Oct. 21 ... If the state files the litigation, then the state would receive the settlement dollars; if the localities file the litigation, then they receive the settlement funds ... Republican Gov ... This article originally ran on thecentersquare.com....

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BlackRock Enhanced Government Fund, Inc. Announces Upcoming Repurchase Offer

The Bryan Eagle 11 Oct 2019

Today, BlackRock Enhanced Government Fund, Inc ... This press release, and other statements that BlackRock or the Fund may make, may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act, with respect to the Fund’s or BlackRock’s future financial or business performance, strategies or expectations....

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Judi Bosworth for North Hempstead supervisor

Newsday 11 Oct 2019

That’s not to say Bosworth’s tenure has been without controversy ... And the town faces litigation by a contractor who alleges that North Hempstead is withholding funds from the renovation of the Clinton G ... He recommends using income tax, rather than property tax, to fund schools, and would like to see the town take on its own assessment process....

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HBCU Lives Matter

Afro 11 Oct 2019

... expand international and diversity presence, and funding formulas for HBCUs as compared to PWIs; this case has been litigated in public and private modalities from news media to our very own President David Wilson, and regardless of the angle, it still leaves the state liable.”....

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Hawthorne Elementary making gains

Albuquerque Journal 11 Oct 2019

ADVERTISEMENTSkip ... Even kids have noticed it’s like a new school ... Despite this, APS moved forward with revamping Hawthorne, funding the work through its operational budget ... The MRI system at one point led to litigation after New Mexico’s previous Public Education Department administration insisted closure remain on the table for Hawthorne....

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Westfleet Advisors Adds Federal Prosecutor and Litigation Finance Veteran to Growing Executive Team

The Record 10 Oct 2019

“I’m excited to combine my trial and corporate finance experience for the benefit of parties seeking litigation funding,” said Mr ... He previously worked at two leading litigation finance providers, where he underwrote litigation funding deals across a wide range of subject matter and assessed the strengths of new legal claims....

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U.S. judge urges parties to wisely use Purdue opioid settlement funds

Canada Dot Com 10 Oct 2019

Drain urged the parties to consider ways to distribute settlement funds quickly, rather than follow the usual pattern of a Chapter 11 bankruptcy, which involves evaluating each creditor claim before making payments. He mentioned as examples the litigation settlements involving victims of Vietnam War herbicide Agent Orange, the Sept....

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California hospital chain going to court over high prices

Atlanta Journal 10 Oct 2019

The case was originally filed in 2014 by a group of self-funded employers and picked up steam last year when Becerra filed a similar lawsuit and the cases were combined ... But the private litigation brought by a class of about 1,400 self-funded employers seeks damages that could exceed $1 billion....