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Three Bahamian lawyers who once represented Peter Nygard are now suing the fashion mogul for a combined $14 million in unpaid legal fees, lawsuits allege.
Article by RACHELLE AGARD Former workers at Silver Point Hotel in Silver Sands, Christ Church, are asking for their severance payments. (FILE) Social Share Some former workers of Silver Point Hotel are still awaiting severance payments after being let go last October. The women reached out to the Sunday Sun after repeated efforts to get their money failed. Stacia Daniel said they were given their documents and told the National Insurance Scheme (NIS) would pay them out but when they checked back at NIS they were informed that nothing had been sent. Daniel said they were told NIS co...
Codere founding family demands €900m compensation from US investors Share Grupo Codere SA is caught up in a further investor dispute, after the company’s founding Martinez Sampedro family demanded that their minority shareholding be acquired by the firm’s remaining US investors. The Martinez Sampedro family have filed an appeal with Spain’s National Securities Market Commission ( CNMV), urging the regulator to demand that US investors acquire the family’s 14% stake in Codere for a minimum purchase price of €900 million. The dispute relates to Codere’s 2018 bankruptcy restru...
© Getty Images “Something that is this rare and recognizable and treatable is not something that should derail use of the Johnson & Johnson vaccine, especially in this atmosphere of vaccine hesitancy. People are not going to remember that this was not a major risk. They’re going to remember the bad headline.” That's Dr. Amesh Adalja, an infectious disease expert and senior scholar at the Johns Hopkins Center for Health Security, regarding Johnson & Johnson's decision to pause administering its vaccine, which had already been put in the arms of millions of Americans. The decision to pa...
Share it UPDATE: April 5, 2021: A federal bankruptcy judge approved a financing deal that injected $75 million of emergency capital into Tailored Brands and provides $3 million-plus to buy out a minority stake in the company held by unsecured creditors who received shares in the retailer's Chapter 11 reorganization. After attorneys for the minority shareholder group suggested the deal may have been designed to push them out, Judge Marvin Isgur said that there was "zero evidence of that," according to audio of a hearing on Thursday. Dive Brief: Minority shareholders of Tailored Brands are...