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Lender forecloses on Hartford s Red Lion Hotel; CRDA out $5 2M

A private lender that’s owed $26.6 million from the owner of the shuttered Red Lion Hotel in Hartford has officially taken control of the property, according to court records. On Feb. 10, DW Commercial Finance an affiliate of New York-based investment manager DW Partners, which acquired the 50 Morgan St. property through foreclosure in 2019 filed a certificate with Hartford City Hall signifying the conclusion of a foreclosure lawsuit initiated back in Aug. 2019.

No Insider Trading In Amaravati Land Deals

No Insider Trading In Amaravati Land Deals Published by GulteDesk January 20, 2021 The Andhra Pradesh High Court quashed criminal case registered by the Crime Investigation Department (CID) alleging insider trading in purchase of lands  by former Chief Minister and TDP president N. Chandrababu Naidu, his family members and a few others close to the party. The state government also named the family members of a sitting Supreme Court judge, a former Advocate General of the state, accusing them of insider trading. Lands sold willingly The High Court held that the land was sold willingly and that there was no criminality or insider trading involved.  Further, it clarified that the concept of insider trading is an offence in stock market relating to selling and buying securities and bonds and that it cannot be applied to offences under the Indian Penal Code.  It cannot  be read into Section 420 IPC or into any provisions in the IPC. Hence, it cannot be contextually or relat

SC judge kin involved in benami transactions: AP ex-Chief Justice

3132 Former Andhra Pradesh High Court Chief Justice V Eswaraiah has alleged that relatives of a senior sitting judge of the Supreme Court (SC) were involved in benami transactions in the Amaravati land scam and that he was collecting more evidence in the case. New Delhi, January 18 Former Andhra Pradesh High Court Chief Justice V Eswaraiah has alleged that relatives of a senior sitting judge of the Supreme Court (SC) were involved in benami transactions in the Amaravati land scam and that he was collecting more evidence in the case. In an affidavit filed in the Supreme Court, Justice Eswaraiah admitted to having a conversation with a suspended district munsif magistrate over a WhatsApp call in this regard but disputed the transcript.

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