Bank of Kigali(BK) (BOK.rw) 2009 Annual Report

first_imgBK Group Plc (BOK.rw) listed on the Rwanda Stock Exchange under the Banking sector has released it’s 2009 annual report.For more information about BK Group Plc (BOK.rw) reports, abridged reports, interim earnings results and earnings presentations, visit the BK Group Plc (BOK.rw) company page on AfricanFinancials.Document: BK Group Plc (BOK.rw)  2009 annual report.Company ProfileBK Group Plc formerly (Bank of Kigali Limited) is Rwanda’s largest commercial bank by assets and licensed by the country’s banking regulator, National Bank of Rwanda. It offers a full spectrum of products and services for retail banking, corporate banking and central treasury. Bank of Kigali SA commenced operations in 1967; initially as a joint venture between the government of Rwanda and Belgolaise, with each owning 50% of the ordinary share capital. In 2007, the government of Rwanda acquired the Belgolaise shareholding which increased its direct and indirect shareholding in the Bank of Kigali to 100% of the entire Issued Shares. The Bank changed its name to Bank of Kigali Limited in 2011 under a new law relating to companies. Bank of Kigali Limited now has 79 branches located in the main towns and cities of Rwanda with its head office in the capital city, Kigali. BK Group Plc has a primary listing on the Rwanda Stock Exchange and a secondary listing on the Nairobi Securities Exchangelast_img read more

DUI Saturation Patrols will be in force this weekend

first_img The Anatomy of Fear Please enter your comment! TAGSDUI Previous articleSt. Patrick’s Day: Fact and FictionNext articleArbor Bend begins a new era in South Apopka Denise Connell RELATED ARTICLESMORE FROM AUTHOR Support conservation and fish with NEW Florida specialty license plate LEAVE A REPLY Cancel reply Please enter your name here Apopka Police Department, OCSO team up for DUI checkpointsFrom the Orange County Sheriff’s OfficeThe Orange County Sheriff’s Office, in partnership with the Florida Highway Patrol and the Orange County Community Traffic Safety Team, will host a multi-jurisdictional DUI Saturation Patrol Operation for Spring Break.              This DUI saturation roving patrol operation is scheduled between 9:00 PM and 4:00 AM on Friday, March 17th, and concludes on Saturday, March 18th. The checkpoints will be throughout Orange County.The operation will be a multi-jurisdictional effort involving members of the Orange County Sheriff’s Office, Orlando Police Department, Winter Park Police Department, University of Central Florida Police Department, Edgewood Police Department, Winter Garden Police Department, Windermere Police Department, Maitland Police Department, Apopka Police Department, Ocoee Police Department, Oakland Police Department, Belle Isle Police Department, Eatonville Police Department and the Florida Highway Patrol.As the nation’s college students overwhelm Central Florida for Spring Break, student binge alcohol drinking often results in deadly consequences for the vehicle driver, passengers, and other victims from a crash. On the average, the cost for a DUI arrest will be near $10,000 for the person charged and could result in multi-millions of dollars for injuries, deaths, and property damage for a DUI. This is a countywide detail and mutual aid will be granted to all participating law enforcement municipalities; enabling local agencies to police throughout Orange County.High profile DUI Saturation Patrol Operations have been a valuable tool for law enforcement. The objective of this operation is to educate the motoring public and to safely remove suspected DUI offenders and criminal traffic violators from the highways by highly mobile visibility traffic enforcement tactics. This multi-agency traffic safety detail is well worth your attention as a concentrated effort is made to save lives. Save my name, email, and website in this browser for the next time I comment. You have entered an incorrect email address! Please enter your email address here Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 Share on Facebook Tweet on Twitterlast_img read more

David Lloyd Leisure chooses Together for Short Lives as charity of the year

first_img Tagged with: charity of the year corporate David Lloyd Leisure chooses Together for Short Lives as charity of the year AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis www.togetherforshortlives.org.uk  26 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Howard Lake | 7 February 2013 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. David Lloyd Leisure has chosen Together for Short Lives as the group’s official national charity partner for 2013. For the first time, the decision was made by staff and members of the health, sports and leisure group. They nominated and then voted on a shortlist of charities.Together for Short Lives is the only national charity working across the UK to help ensure that every child and young person unlikely to reach adulthood because of life-threatening and life-limiting conditions and all those who support, love and care for them, get the best possible help whenever and wherever they need it.David Lloyd Leisure’s chief executive, Scott Lloyd, commented: “Children and families are at the core of David Lloyd Leisure’s offering and it is very appropriate that we will be supporting Together for Short Lives, a remarkable charity that’s making a real difference to so many. We look forward to involving our clubs, colleagues and members in a variety of fundraising and awareness initiatives to support this very special cause.” Advertisementlast_img read more

AFBF Welcomes Navigable Waters Protection Rule

first_imgHome Indiana Agriculture News AFBF Welcomes Navigable Waters Protection Rule AFBF Welcomes Navigable Waters Protection Rule SHARE By Andy Eubank – Jun 24, 2020 Previous articleSens. Stabenow, Roberts, Reauthorize the U.S. Grain Standards ActNext articleBeck’s Hybrids to Open Space in Purdue’s Discovery Park District Andy Eubank SHARE Audio Playerhttps://www.hoosieragtoday.com/wp-content/uploads/2020/06/New-water-rule-good-for-farmers.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.While the waters of the U.S. rule is out, the Trump administration’s Navigable Waters Protection rule is now in, going into effect this week. It can go into effect after a judge in California denied a request to block the rule. Don Parrish, American Farm Bureau Federation Regulatory Affairs Senior Director, says the new rule is good for agriculture.“This is the first time ever where we have struggled with what is required in the Clean Water Act,” he said. “Everything we have litigated thus far is about an overreach. This is going to be interesting make up. But the good news, the Navigable Waters Protection Rule is going into effect in every state and every territory except Colorado. That is a really good development for farmers and ranchers.”The next phase is implementation, and Parrish says Farm Bureau has some work to do on that.“Implementation is where the rubber meets the road. We’re going to have to partner with this administration to ensure that the transparency and the clarity that the agencies wanted when they developed this rule, we want to make sure that we partner with them so that vision is realized. That means that we still have work to do.”It’s always good to know exactly what challenges are in front of us, and unlike the weather, Parrish says the new rule provides farmers some clarity.“Legal challenges on the scope of the Clean Water Act is nothing new. We’re going to continue to see back and forth. But, I am very hopeful that when people understand that this rule is going to be protective of water quality, it’s going to be protective of the environment, but yet provide the clarity that farmers and ranchers and landowners deserve, I hope they come on board with the fact that this is a good rule.”Source: AFBF Facebook Twitter Facebook Twitterlast_img read more

Pasadena Police Dispatchers and Fire Captain to be Honored for Service Beyond the Call of Duty

first_img Make a comment Government Pasadena Police Dispatchers and Fire Captain to be Honored for Service Beyond the Call of Duty Published on Tuesday, September 9, 2014 | 11:12 am First Heatwave Expected Next Week Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Subscribe 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. L-R: Alexis Bartoli, Wendell L. Eaton and Diane Marin. Photo courtesy of Pasadena Police DepartmentOn September 10, 2014, the Pasadena Masonic Center, Wisdom Lodge #202, will honor Pasadena Police Emergency Service Operators (ESO) Diane Marin and Alexis Bartoli, and Pasadena Fire Captain Wendell Eaton, for “service beyond the call of duty.” This is Wisdom Lodge’s 13th year of recognizing exceptional public service during their annual Observance of the United States Constitution. Lodge members support the belief that as citizens we should recognize the United States Constitution as the document that carries the ideals that founded this country, and pause to remember all the great men and women who have stood for, defended, and fought to maintain those ideals in their truest form. Recognizing individuals in public safety who provided “service beyond the call of duty” furthers this commemoration.On July 12, 2014 at approximately 4:20 p.m., the Pasadena Police Department received several 9-1-1 calls from residents reporting shots fired in the 1700 block of Summit Avenue. Upon arrival, the initial officer observed a woman down on the sidewalk and attempted to render aid when he came under heavy gunfire from the suspect. Following the shooting of five victims, three fatal, and the brazen attack on the officer, the suspect barricaded himself inside a home where he called the Pasadena dispatch center. For the next 20 minutes, ESO Diane Marin calmly dialoged with the suspect who was intermittently firing his firearm outside the home into the neighborhood. Ultimately, ESO Marin persuaded the suspect into putting down his weapon and surrendering himself to law enforcement officers who had surrounded the location. During this very chaotic and unstable situation, Police Dispatcher Alexis Bartoli remained composed and professionally coordinated police and fire personnel at the active shooter scene, contributing to the successful conclusion without additional loss of life.For their calm and courageous actions which prevented additional people from being, Wisdom Lodge #202 is recognizing Police Emergency Service Operators Diane Marin and Alexis Bartoli.Fire Captain Wendell Eaton was nominated by his peers for his exceptional devotion to duty during his 20 years of service to Pasadena. In addition to being a Fire Captain, for the last three years Captain Eaton has served as the Pasadena Police Department’s Arson Investigator. He was instrumental in the solving and prosecution of numerous arson cases, including the double arson homicide at a boarding house in the 1300 block of El Sereno Avenue on November 1, 2012 and a 2013 serial arsonist crime spree linking 31 fires in Pasadena and South Pasadena. Captain Eaton is a tenacious and skilled criminal investigator certified by the California State Fire Marshal as a Level II fire Investigator and a nationally certified Explosive Investigator.During Captain Eaton’s employment with the Pasadena Fire Department, he has received seven awards: Fire Chief Letter of Appreciation, Fire Chief Letter of Recognition, Unit Citations, Fire Chief Letter of Commendation, Unit Citation from South Pasadena Police Department, and the 2014 Employee of the Year.ESOs Diane Marin and Alexis Bartoli, and Fire Captain Wendell Eaton, are committed public servants dedicated to safety and enhancing our community’s quality of life. 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Required fields are marked * Name (required)  Mail (required) (not be published)  Website  Community Newscenter_img Community News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Business News 3 recommended0 commentsShareShareTweetSharePin it Top of the News More Cool Stuff EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDSlast_img read more

Pasadena Motel Voucher Program In Lieu of Bad Weather Shelter Not Yet Operating as Storm Pounds Southland

first_img Name (required)  Mail (required) (not be published)  Website  HerbeautyA 74 Year Old Fitness Enthusiast Defies All Concept Of AgeHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeauty15 things only girls who live life to the maximum understandHerbeautyHerbeautyHerbeauty7 Reasons Why The Lost Kilos Are Regained AgainHerbeautyHerbeautyHerbeautyEverything You Need To Know About This Two-Hour ProcedureHerbeautyHerbeautyHerbeauty9 Hollywood Divas Who Fell In Love With WomenHerbeautyHerbeauty 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. EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Business News Make a comment Your email address will not be published. Required fields are marked * STAFF REPORT First Heatwave Expected Next Week Subscribe STAFF REPORT Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy 16 recommended0 commentsShareShareTweetSharePin it center_img 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 Community News Community News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena [Updated] The Pasadena City Council approved funding for motel vouchers two weeks ago, but the program was not yet up and running when the first rainstorm of the winter arrived on Sunday evening and continued pouring down on Monday.The city has entered into a partnership with local nonprofit Friends In Deed and approved funding on Dec. 14 for motel vouchers, after city officials previously announced Pasadena’s bad weather shelter would not be operating this season due to the ongoing pandemic. The shelter has traditionally been operated by Friends In Deed. (Friends In Deed in turn contracts with two local motels.)But Friends In Deed is closed through this week, Pasadena Department of Housing Director Bill Huang said.So while Friends In Deed has been handing out bad weather supplies in recent days, the voucher program wasn’t yet ready to begin when the rain moved in, he said.It came down to “bad timing,” according to Huang.“Motel vouchers sound like a piece of paper we can just handout, but it is a whole program,” he explained. “You have to outreach to people who need and are willing to accept a short-term room, contract with a motel, transport the person, have someone at the motel to meet them, make sure they get checked-in, get to their room, arrange for food, and periodically check-in with them to make sure they are well.”The voucher distribution is expected to be ready to begin when Friends In Deed reopens on Jan. 4, Huang said.The organization’s phone answering system confirmed it was closed through Jan. 3.The nearest operational bad weather shelter was at Loma Alta Park in Altadena, officials said.Once up and running, Pasadena’s motel voucher program will be activated when the temperature is predicted to drop to 40 degrees or below, or a 40 percent chance of precipitation is forecasted, Huang said.Two additional community organizations are expected to be added to the voucher program in January, a city official said.The community organization Pasadena for All launched a campaign last week urging the community to contact city leaders to make sure motel vouchers are distributed to everyone who needs one.“We just want to make sure as many people as need those motel vouchers and want them can get those rooms,” PFA member Sonja Berndt said on Thursday.She said the effort enjoyed strong support during the Dec. 14 City Council meeting, where more than 50 people spoke on behalf of the cause.“We have to make sure that we have motel rooms for the people that need them, and we want to make sure there’s enough outreach done so that the people who need them can find out how to be connected with the motel voucher program,” Berndt said.“It’s well-documented that our unhoused neighbors are much more likely to get COVID, but they’re also at much higher risk than the general population of developing [cold]-related conditions, such as frostbite and hypothermia. These can be immediately life-threatening or can have long-term effects,” she said. “This is for Pasadena residents. These are our residents who live here.”See also:City Increases Funds For Motel Vouchers to Aid the HomelessFriends in Deed to Provide Motel Vouchers, Supplies to Homeless this WinterGuest Opinion | Sonja Berndt: Will Our City Make Sure that Our Unsheltered Residents Are Sheltered from the Cold and Rain this Winter CITY NEWS SERVICE/STAFF REPORT Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Community News Pasadena Motel Voucher Program In Lieu of Bad Weather Shelter Not Yet Operating as Storm Pounds Southland By JOEY REAMS and BRIAN DAY Published on Monday, December 28, 2020 | 4:49 pm Top of the News More Cool Stufflast_img read more

The Power to Make a Difference

first_img Tagged with: Bank of America Brian Moynihan HOUSING Servicers Navigate the Post-Pandemic World 2 days ago November 21, 2018 2,184 Views Donna Joseph is a Dallas-based writer who covers technology, HR best practices, and a mix of lifestyle topics. She is a seasoned PR professional with an extensive background in content creation and corporate communications. Joseph holds a B.A. in Sociology and M.A. in Mass Communication, both from the University of Bangalore, India. She is currently working on two books, both dealing with women-centric issues prevalent in oppressive as well as progressive societies. She can be reached at [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles <span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span> Bank of America Brian Moynihan HOUSING 2018-11-21 Donna Joseph  Print This Post The Power to Make a Difference Demand Propels Home Prices Upward 2 days ago About Author: Donna Joseph Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Home / Daily Dose / The Power to Make a Difference Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Reinforcing what they stand for, Bank of America unveiled its campaign focused on the question “What would you like the power to do?” with a refreshed logo. The question captures the bank’s role as a partner invested in the success of its customers helping clients and communities have the power to achieve their goals. The theme also highlights the stories of the company’s long-standing partners and the impact they are making in addressing critical environmental and social issues.The campaign assumes great significance to the real estate market as well, given Bank of America’s large mortgage lending portfolio and its collaboration with partners in the real estate market. Watch Brian Moynihan, CEO of Bank of America talk more about the significance of this question to the way the bank does business.Read more about the campaign here. in Daily Dose, Featured, Media, News Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Padgett Law Group Celebrates 25 Years Next: What Stops Some Millennials From Owning The Best Markets For Residential Property Investors 2 days ago Subscribelast_img read more

Singapore Arbitral Tribunal Injuncts RIL-Future Grp Deal In A Plea By Amazon, Another Win For Gopal Subramaniam Abroad

first_imgForeign/InternationalSingapore Arbitral Tribunal Injuncts RIL-Future Grp Deal In A Plea By Amazon, Another Win For Gopal Subramaniam Abroad LIVELAW NEWS NETWORK26 Oct 2020 12:20 AMShare This – xThe Singapore International Arbitration Tribunal on Sunday injuncted Reliance Industries Ltd’s acquisition of some Future Group entities for Rs.24,713 crores on a plea for the same by Amazon Inc. Amazon had approached the Tribunal invoking the provision for Interim and Emergency Relief provided for under Rule 30 of the Singapore International Arbitration Centre Rules, 2016. It sought…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Singapore International Arbitration Tribunal on Sunday injuncted Reliance Industries Ltd’s acquisition of some Future Group entities for Rs.24,713 crores on a plea for the same by Amazon Inc. Amazon had approached the Tribunal invoking the provision for Interim and Emergency Relief provided for under Rule 30 of the Singapore International Arbitration Centre Rules, 2016. It sought an interim injunction against the agreement entered into between Reliance Retail Ventures Ltd and some entities of Kishore Biyani-led Future Group by way of which, Future Retail was to sell its retail, wholesale, logistics and warehousing units to Reliance Retail and Fashion Lifestyle Ltd – a wholly owned subsidiary of Reliance Retail Ventures. The proceedings were presided over by Mr. V.K.Raja, who is also the former Attorney General of Singapore, was appointed as the Emergency Arbitrator to settle the dispute. The Emergency Arbitrator passed an interim award in favour of Amazon, which has injuncted Future Retail and Future Coupons from taking any further steps in respect of the Board Resolution of August 29, 2020 with respect to the transaction with Reliance Industries or its group entities. The Future Group entities have also been injuncted from filing or pursuing any application before any Body or Agency in India with respect to the said Board Resolution. The award, being interim in nature, was passed as part of private proceedings due to which it has not been made public. Amazon Inc’s case was that in 2019, the company had signed a deal worth Rs. 2000 crores with Future Retail to acquire 49 per cent stake in Future Coupons, the promoter firm of Future Retail. Under the deal it also had a “call” option, according to which, it could acquire all or part of Future Retail’s shareholding in the company, within 3 to 10 years of the agreement, exercisable on its option. It said Future Group was also required to inform Amazon before entering into any sale agreement with third parties. It has claimed that the RIL-Future Group deal is a violation of a non-compete clause and a right-of-first-refusal pact. Further, the Mukesh Ambani Group, Reliance Industries Ltd, is also part of a list of 30 “prohibited entities” in the Amazon-Future Group 2019 agreement. The Future Group, on its part, claimed that it was merely selling its assets and not any stake to Reliance and therefore it has not violated any terms of the contract. Future Group’s Board Resolution of Aug 29 said that, Future Enterprises was to “sell by way of a slump sale the retail and wholesale business that includes key formats such as Big Bazaar, fbb, Foodhall, Easyday, Nilgiris, Central and Brand Factory to Reliance Retail and Fashion Lifestyle Limited (RRFLL), a wholly owned subsidiary of Reliance Retail Ventures Limited (RRVL). It will also sell the logistics and warehouse business to RRVL by way of a slump sale. RRFLL and RRVL will take over certain borrowings and current liabilities related to the business and discharge the balance consideration by way of cash.” The Mukesh Ambani-led company has said that, while it was “informed of an interim order passed by the Emergency Arbitrator in the arbitration proceedings invoked by Amazon under a Shareholders Agreement with the promoters of the Future Group,” the “rights and obligations are fully enforceable under Indian law.” Reliance further said that it intends to enforce the scheme of acquisition “without any delay”. Amazon was represented by: Senior Advocates Gopal Subramanium, Alvin Yeo, Gourab Banerjee, Amit Sibal, Anand Pathak and Amit Mishra from P&A And VP Singh and Rachit Bahl from AZB assisted by Advocates Pawan Bhushan, Hima Lawrence and Ujwala Uppaluri.Future Coupons was represented by Davinder Singh, Harish Salve, Darius Khambata, Trilegal and Naik & Naik Next Storylast_img read more

Glow and Lovely: A Case of Woke Washing?

first_imgColumnsGlow and Lovely: A Case of Woke Washing? Arushi Gupta6 April 2021 1:24 AMShare This – xRobert Reich said, “If a certain action improves the corporation’s bottom line, there’s no point in labelling it “socially responsible”. It is just good business.” In the beginning of the year 2020, we witnessed a major upheaval in our lives, which could not have been fathomed otherwise. While the pandemic caged millions in their own homes, one tragedy- the murder of George Floyd by…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginRobert Reich said, “If a certain action improves the corporation’s bottom line, there’s no point in labelling it “socially responsible”. It is just good business.” In the beginning of the year 2020, we witnessed a major upheaval in our lives, which could not have been fathomed otherwise. While the pandemic caged millions in their own homes, one tragedy- the murder of George Floyd by a Minneapolis Police Official, brought people to the streets for the cause of justice. The tremors of the movement were undeniable, and were felt across the globe, eliciting a response from all major corporate players. In that first week, we saw corporations and brands quickly release a statement against racism. As the protests continued into the second week, more companies took actions that were in consonance with their previous statements. While PepsiCo announced a five-year, $400 million initiative that includes the goal of increasing Black managerial representation by 30% and more than doubling business with Black-owned suppliers, Airbnb launched “Project Lighthouse” in partnership with civil rights organizations; which includes a team dedicated to investigating and preventing discrimination on its platform through new policies. Adidas, which also owns Reebok, committed itself to filling 30% of new positions with Black or Latinx workers. One such “impactful” action that caught our eye was the rebranding of our most well- known fairness cream brand, “Fair and Lovely”. Fair and Lovely, a brand launched by Hindustan Unilever, an Indian subsidiary of multinational company, Unilever, was launched in India, way back in 1975. The brand went on to become one of the most popular creams country-wide. The brand, rested on century-old conventional thought about considering fairness over dark or dusky complexion. Fair & Lovely has been catering to women from India and various Asian and Western countries to give them a naturally brighter complexion with the range of fairness creams. Among the most successful cosmetic brands by Hindustan Unilever till date, Fair & Lovely was found to occupy around 80% market share in fairness cream category in India, which also indicate the ever-present inclination of Indian women towards making their complexions fairer. When in 2020, Hindustan Unilever announced that one of the most popular brands of India, Fair & Lovely would now be rebranded as “Glow & Lovely”. The announcement took huge notice amongst the masses and was lauded by them. Seldom, did such masses realise the strategy behind such action. A quick study of the brand “Glow and Lovely” on the Ipindia Portal reveals that the new brand name was thought of and sought protection under the Trademarks Act, 1999 (“the Act”), way back in 2018. While the brand has been battling the legal war for registration, the same was not launched in public until the stage was set post the protests in 2020. What is propagated as a reactive measure is nothing but a sequential idea that received its launch at the right time. The announcement was made by the company after it was sure to get the registration of the brand as a trademark by July, 2020. While the company made an application to attain registration certificate by expedited means, on July 1, 2020, the announcement to rebrand fair & lovely was made on July 2, 2020. The brand has consequently opposed other rival companies to implement any such similar changes by adopting to legal recourses such as filing oppositions, or interlocutory applications to withdraw the acceptance of the applications already made under the Act. When seen objectively, what seemed like a step towards a radical change, has come out to be only a “cosmetic” one. The advertisements are like old wine in new bottle, i.e., have experienced very little changes, which is nothing but of only of the word fair being replaced by glow. Whilst the packaging, the advertisement and everything have been modified accordingly, the notion of beauty over brains remains the same.Views are PersonalThe Author is a Lawyer at New DelhiSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

In memoriam: The industry titans who died in 2020

first_imgClockwise from top left: Stanley Chera, Sheldon Solow, Peter Hauspurg, Gerald Hines, Jerry Wolkoff, and Bianca YankovIn a year when so many lives were lost, real estate was not spared. The industry mourned both legendary figures and those who died too soon.But it was the death of Stanley Chera, the 77-year-old patriarch of Crown Acquisitions, that epitomized the year. The real estate titan had decamped New York City for Deal, New Jersey, early in the pandemic at the behest of his longtime friend, President Donald Trump. But on April 11, Chera died of complications from Covid-19. When Trump contracted Covid later in the year, he reportedly asked an aide, “Am I going to go out like Stan Chera?”Chera’s sons, Isaac (Ike) and Richard, run the day-to-day operations of the family company. Another son, Haim, moved to Vornado Realty Trust in 2019, when Crown bought a 24 percent stake in the real estate investment trust’s Manhattan retail portfolio.ADVERTISEMENTChera was one of several industry figures who died after contracting the novel coronavirus early on in the pandemic. Covid-19 claimed the life of the Corcoran Group’s Robby Browne, 72, a broker known for his exuberance and work on high-profile Manhattan deals who died April 11. He had been battling cancer for years before contracting the virus.In late March the brokerage also lost Marc J. Goodman, 67, to the coronavirus. He had been with the firm for more than two decades, working out of its West Side Gallery office. Corcoran CEO Pam Liebman referred to him as “an unfailing optimist” and among “the most generous of agents.”The industry lost other major brokerage innovators and pioneers this year.Alan Victor, a veteran broker of New York City’s high-street retail, died April 17 of complications from Parkinson’s disease. The 80-year-old was once one of the leading retail dealmakers in Manhattan, and co-founded the Lansco Corporation in 1965.Bianca Yankov, a pioneer of the 100-percent commission brokerage model in New York, died on April 17, two days after her 37th birthday. The co-founder of the Spire Group had been battling cancer, and is survived by her husband and previous business partner, Dimo Nikolov, and their two children.Javier Cervera, Sr., principal at Miami real estate brokerage Cervera Real Estate, died on May 24 at the age of 89 after a battle with cancer. Cervera was a fixture of Miami real estate, and had fled Cuba with his wife in 1961. His daughters, Veronica and Alicia, lead the company today; his son, Javier Cervera Jr., is president and CEO of Cervera Real Estate Ventures.William Millichap, who co-founded his eponymous commercial brokerage with George Marcus in 1971, died in June at 76, after a battle with cancer.Peter Haspurg, a fixture of New York City’s commercial real estate industry, died unexpectedly on Nov. 3. The 67-year-old had co-founded Eastern Consolidated with his wife, Daun Paris, in 1981. The firm became one of the most active investment-sales shops in the city until it shuttered in 2018.The industry also said goodbye to a handful of major developers. One of the biggest names was Gerald Hines, who died on Aug. 23 at 95. Though his firm is known for shaping Houston’s skyline, it’s also developed iconic towers across the globe, such as the Salesforce Tower in San Francisco, the Tour EDF in Paris and Diagonal Mar in Barcelona.New York said goodbye to a particular breed of old-school developer — characters who epitomized the chutzpah needed to ascend within the city’s real estate industry.Jerry Wolkoff, the head of G&M Realty, died on July 17 after a brief neurological illness. Though best known for his controversial redevelopment of the 5 Pointz graffiti complex in Long Island City, the brash Brownsville native got his start in the business in the 1960s, eventually amassing a portfolio of more than 12 million square feet in the five boroughs and Long Island. The developer, who was 83, previously said he planned to pass the firm onto his sons, David and Adam.Sheldon Solow, the billionaire head of Solow Realty & Development, died from lymphoma on Nov. 17 at the age of 92. Over his 50-year career, he amassed a huge New York City portfolio and helped change the Midtown skyline, while earning a reputation for litigiousness along the way. He is survived by his wife and two sons, Nikolai Solow and Stefan Soloviev, the latter of whom has taken a more active role in the family business.Brooklyn native Howie Klaus died suddenly on June 5 at the age of 65. He co-founded HK Organization with longtime business partner Harry Kotowitz in 2003, to develop and manage affordable housing for the city’s Department of Housing Preservation and Development.James Loewenberg, who helped shape the modern Chicago skyline, died on Oct. 14 at the age of 86 after a battle with cancer. He was co-CEO of Magellan Development Group and worked at his family’s architectural firm. Loewenberg’s recent achievements include developing the Aqua and Vista skyscrapers in Downtown Chicago, and creating the 83-acre Lakeshore East development, which encompasses residential towers flanked by shops, parks and transportation.In May, the industry lost crowdfunding pioneer Rodrigo Niño, who died on May 18 at the age of 50 after a battle with cancer. Niño made his name as a Miami broker before moving to New York. He then broke onto the crowdfunding scene in 2013 with his platform, Prodigy Network. The company had been unraveling in the year prior to his death.Los Angeles lost Ronald Birtcher, the co-head of construction and development firm Birtcher Enterprise,who died on April 21 at 89. His firm was involved in developing over 40 million square feet of commercial real estate across the country. Most notably, Birtcher was lead developer of the 760,000-square-foot Pacific Design Center Blue Building in West Hollywood, which opened in 1975.Prolific Los Angeles developer Jerry Snyder, 90, died on May 8.  He founded J.H. Snyder Company, whose most visible work was in the office market. Among his numerous projects, Snyder constructed the one-million-square-foot Wilshire Courtyard office complex, which helped revitalize a hurting Miracle Mile district.The architecture community also lost several notable figures who helped shape cities.Architect Henry Cobb died on March 2 at 93, after a distinguished 70-year career. He co-founded architecture firm I.M. Pei and Associates with partners I.M. Pei and Eason H. Leonard in 1955, which later went on to be known as Pei Cobb Freed & Partners. Cobb is known for designing the John Hancock Tower and the John Joseph Moakley Federal Courthouse in his hometown of Boston.Jaquelin Taylor Robertson, who designed private residences for the rich and famous, died of Alzheimer’s disease on May 10 at age 87. He also had a hand in promoting good civic design as the first director of the Mayor’s Office of Midtown Planning and Development. Charles Urstadt, who was instrumental in the creation of Manhattan’s Battery Park City, died on March 3 at 91. He got his start working for William Zeckendorf Sr. before working under Gov. Nelson Rockefeller as the commissioner of the state’s housing regulator. He’s best known for the “Urstadt Law,” which was passed in 1971 and gave Albany power over the rules guiding the city’s hundreds of thousands of rent-regulated apartments.And finally, the industry said goodbye to one of its most renowned publicists. Howard Rubenstein, who represented power players like Donald Trump, died on Dec. 29 at 88. He is survived by his wife Amy Forman, along with three children and seven grandchildren.Alexi Friedman contributed reporting. Share on FacebookShare on TwitterShare on LinkedinShare via Email Share via Shortlink Share via Shortlinkcenter_img Tags2020 in Reviewobituarylast_img read more