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The NSW Budget is Berejiklian's time to trade big on her political capital

There are billions of dollars in election promises to be delivered, while the State Government takes a hit in stamp duty but Gladys Berejiklian is in prime position to deliver.




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Carnegie Clean Energy undertakes capital raising in a last-ditch bid to avoid liquidation

As it makes what could be a last-ditch effort to ensure its future, collapsed wave energy hopeful Carnegie Clean Energy is still not disclosing the performance of its most valuable asset, its CETOwave technology.




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Nat Fyfe again the talk of tiny Lake Grace-Pingrup, the towns vying to be the 'Brownlow capital'

Fyfe's tiny home town of 500 people has produced more than its fair share of AFL and AFLW stars, with nine local players making it to the top in recent years.




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Trailblazers bring their regional projects to the country's capital

From growing agri-tourism to tackling racism, these Trailblazers are taking their big ideas to the country's corridors of power to revolutionise regional Australia.




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Marine science mecca in north Queensland facing brain drain as young people leave for capital cities

The departure of some of north Queensland's best and brightest students is worrying the region's leaders and prompting them to devise a retention solution.




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Northern Territory gun haul biggest per capita in nation

The NT Police's recent haul included a banned Adler shotgun and a pistol once owned by Vic Hall, a legendary NT Mounted Police officer and World War One veteran who wrote numerous books about his colourful life in the outback.




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Canberra, not Sydney, is the gay and lesbian capital of Australia

The Australian Bureau of Statistics won't ask you about your sexual orientation in the 2021 census. But that won't stop it from trying to figure it out anyway.




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Welcome to Australia's washed-up thong capital




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Capitals terminating Leipsic's contract after messages leaked




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'Capital in the Twenty-First Century' director explains the post-coronavirus economy: 'I think the damage is done'

When director Justin Pemberton began screening his new documentary at film festivals in 2019, the movie’s warnings of another financial meltdown seemed like a far-off problem. But then the coronavirus pandemic sent the global economy into a tailspin.





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2020 Qingdao Global Venture Capital Online Conference Kicks Off

Sponsored by the People's Government of Qingdao, the 2020 Qingdao·Global Venture Capital Online Conference themed "A New Platform for International Cooperation, A New Opportunity for Technological Innovation" kicked off at Qingdao International Convention Center on May 8. A host of Chinese and overseas experts and scholars from the investment community, industrial circle and academia and entrepreneurs from around the globe joined the "cloud dialogue" through a "face-to-face" plus "screen-to-screen" mode to seek cooperation and share their insights on future development.





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Pangea Capital Management, LLC v. Lakian

(United States Second Circuit) - Affirmed. Defendant is a divorced spouse who holds an interest in property that Plaintiff obtained a judgment lien against the other spouse’s interest. Plaintiff argued that Defendant’s interest was subordinate to Plaintiff’s interest. The trial court held that Defendant’s interest vested upon the entry of the judgment of divorce and that Plaintiff could execute only against the other spouse’s interest.




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SEC v. World Capital Market, Inc.

(United States Ninth Circuit) - In an issue of first impression involving the Securities and Exchange Commission's ability to disgorge ill-gotten funds from so-called 'relief defendants', the district court's final judgment, arising in connection with the SEC's enforcement action for federal securities law violations arising out of a fraudulent investment scheme, is affirmed where: 1) the district court properly asserted jurisdiction over appellants as relief defendants to determine the legal and factual legitimacy of appellants' claim to the $5 million; and 2) the district court did not clearly err in finding that the $5 million transfer as a loan was a sham.




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ZF Micro Devices v. TAT Capital Partners

(California Court of Appeal) - In the third chapter of Silicon Valley litigation spanning more than 14 years involving a microchip company and its successor, alleging breach of fiduciary duty, the judgment entered on plaintiff's cross-complaint against defendant is reversed where the court erred in submitting defendant's statute of limitations defense to the jury, as the cross-complaint was timely filed.




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F5 Capital v. Pappas

(California Court of Appeal) - In a a shareholder derivative action on behalf of a company, alleging that individual members of the company's board and affiliated entities improperly exploited their control of the corporation in entering into three separate self-dealing transactions, the district court's dismissal of the complaint, concluding that the dilution claim was properly derivative under Delaware law and that plaintiff failed to plead demand futility under Fed. R. Civ. P. Rule 23.1(b)(3)(B), as to any of the claims, is affirmed where: 1) plaintiff's dilution claim was properly derivative, not direct; 2) the district court had subject matter jurisdiction to adjudicate the non-class, derivative claims; and 3) plaintiff did not allege facts sufficient to excuse it from making a pre-suit demand.




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Stonehill Capital Management v. Bank of the West

(Court of Appeals of New York) - In a contracts action arising from a dispute over the auction sale of a syndicated loan, the Appellate Division's grant of defendant's motion for summary judgment is reversed where the lack of a written sales agreement and plaintiffs' failure to submit a timely cash deposit were not conditions precedent to the formation of the parties' contract and do not render their agreement unenforceable.




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Glazer Capital Mgmt., LP v. Magistri

(United States Ninth Circuit) - Dismissal of a class action complaint alleging false statements contained in a merger agreement with a third party company is affirmed where the plaintiff has not pled facts that would either directly or indirectly give rise to a strong inference of scienter on the part of those officers responsible for making the false statements contained in the merger agreement.




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Fusion Capital Find II, LLC. v. Ham

(United States Seventh Circuit) - In an insolvent corporation's suit against defendant-corporation for tortious interference with its merger agreement, district court's judgment awarding defendant about $1.2 million in legal fees after ruling in favor of defendant and holding the insolvent corporation's board of directors personally liable is reversed as, under Nev. Rev. Stat. section 78.747, there isn't any fraud as plaintiff's thin capitalization was both the reason why the deal had been proposed and the dominant feature in the deal's structure. Furthermore, when plaintiff signed a contract promising to reimburse defendant's legal expenses if litigation ensued, defendant knew beyond doubt that plaintiff would be unable to keep that promise unless the merger closed. Thus, the court is not aware of any statute or decision holding that investors in a thinly capitalized corporation are personally liable for its debts to a contracting partner when that partner, with knowledge of the corporation's insolvency, signs without getting a guaranty from the investors.




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IDX Capital, LLC v. Phoenix Partners Group LLC

(Court of Appeals of New York) - In a suit for tortious interference with prospective business relations and aiding and abetting breach of fiduciary duty, arising from the defendants' alleged participation in derailing the plaintiff company's acquisition by a third party, the Appellate Division's dismissal of the complaint is affirmed by memorandum, where the plaintiffs failed to produce evidentiary proof as to whether: 1) individual defendants participated in a co-defendant's admitted campaign to interfere with the proposed acquisition; 2) defendant entities should be held vicariously liable for the interference; or 3) an individual plaintiff was entitled to injunctive relief.



  • Injury & Tort Law
  • M&A

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Red Barn Motors, Inc. v. NextGear Capital, Inc.

(United States Seventh Circuit) - Held that the district court did not adequately explain its reason for rescinding certification of a class in a business dispute between numerous used-car dealerships and a financing company. Vacated the class certification ruling and remanded for further proceedings.




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Black Sky Capital, LLC v. Cobb

(Supreme Court of California) - Interpreting Code of Civil Procedure section 580d, the California Supreme Court held that a creditor holding two deeds of trust on the same property may recover a deficiency judgment on the junior lien extinguished by a nonjudicial foreclosure sale on the senior lien.




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Federal Trade Commission v. AMG Capital Management, LLC

(United States Ninth Circuit) - Held that the Federal Trade Commission Act could support an order compelling an online payday lender to pay more than $1 billion in monetary relief for unfair business practices. Two of the judges on the Ninth Circuit panel filed a concurring opinion to suggest that the court should rehear the case en banc to reconsider relevant circuit precedent.



  • Consumer Protection Law
  • Banking Law
  • Antitrust & Trade Regulation

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Kolbasyuk v. Capital Management Services, LP

(United States Second Circuit) - Held that a consumer could not proceed with a claim that a debt collection letter unlawfully failed to inform him of certain information. Affirmed the dismissal of his proposed class action lawsuit against the debt collector under the Fair Debt Collection Practices Act.




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Federal Trade Commission v. AMG Capital Management, LLC

(United States Ninth Circuit) - Held that the Federal Trade Commission Act could support an order compelling an online payday lender to pay more than $1 billion in monetary relief for unfair business practices. Two of the judges on the Ninth Circuit panel filed a concurring opinion to suggest that the court should rehear the case en banc to reconsider relevant circuit precedent.



  • Consumer Protection Law
  • Banking Law
  • Antitrust & Trade Regulation

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Fidelis Raises $300 Million Of Equity Capital

Fidelis Insurance Holdings Limited said it “has raised approximately $300 million of equity capital from a combination of its existing shareholders and a wholly owned subsidiary of the Abu Dhabi Investment Authority [ADIA], in order to support Fidelis’ further growth.” “Fidelis is a leading insurance and reinsurance business, operating a Four Pillar strategy across Bespoke, […]

(Click to read the full article)




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Arch Capital Reports 2020 First Quarter Results

Bermuda-based Arch Capital Group Ltd. announced its 2020 first quarter results. The results included: Net income available to Arch common shareholders of $133.7 million, or $0.32 per share, a 5.0% annualized return on average common equity, compared to $438.1 million, or $1.07 per share, for the 2019 first quarter; After-tax operating income available to Arch […]

(Click to read the full article)




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AXIS Capital Reports First Quarter Results

AXIS Capital Holdings Limited announced financial results for the first quarter ended March 31, 2020. Commenting on the first quarter 2020 financial results, Albert Benchimol, President and CEO of AXIS Capital, said: “As our industry and society continue to navigate the challenges brought on by COVID-19, our primary thoughts are with the people, families and […]

(Click to read the full article)




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Arch Capital To Acquire Barbican Group Holdings

Arch Capital Group Ltd. has entered into an agreement to purchase Barbican Group Holdings Limited from funds managed by Carlson Capital, a U.S.-based alternative asset management firm, subject to regulatory approval. The acquisition includes Barbican Managing Agency Limited, Lloyd’s Syndicate 1955, Lloyd’s Syndicate 1856 [Arcus], Lloyd’s Special Purpose Arrangement [SPA] 6132, Castel Underwriting Agencies Limited […]

(Click to read the full article)




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CapitaSearch Browser Hijacker

CapitaSearch browser hijacker removal instructions

What is CapitaSearch?

CapitaSearch is a piece of software, classified as a browser hijacker. Following successful infiltration, it modifies browser settings in order to promote search.capita.space - a fake search engine. Additionally, CapitaSearch adds the "Managed by your organization" feature to Google Chrome browsers. Most browser hijackers spy on browsing activity. Since most users download/install CapitaSearch unintentionally, it is also considered to be a PUA (Potentially Unwanted Application). One of the dubious methods used to distribute CapitaSearch is via illegal software activation ("cracking") tools. It is noteworthy that these tools are often used to proliferate malicious content as well (e.g. ransomware, trojans and other malware).




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A Capital Punishment




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Chris Hedges argues that corporate commodification of our natural resources and human capital will continue unabated. Transcript and video.

"And you know, we have to stop looking beyond this election cycle and see that this corporate driven ideology, you know, this commodification of the culture, this constant extracting of blood from us as citizens to pay what in essence were private debts of the banks which engaged in casino capitalism, has political consequences. History has taught us that. And Hillary Clinton is only going to further that process." Continue reading




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The DNC is a one big capitalistic gangbang of Democrats and corporate donors and lobbyists

The DNC is a one big capitalistic gangbang of Democrats and corporate donors and lobbyists. Guess who is getting screwed? Continue reading





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What is the Correct Social Marketing Theory? Learn 2 Tips to Capitalize on It!

I am going to explain what, in my opinion, is the correct social marketing theory. Not just that, I am also going to explain 2 ways to make good use of it in your business.




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New York City: Eight Days in the New Capital of Corona

Not a soul to be seen on Wall Street, cafés closing down in Brooklyn and a field hospital in Central Park: New York City is in the grips of coronavirus. Notes from a week that changed the city.




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Capitals dump Brendan Leipsic for trashing women and teammates in leaked private chat

Brendan Leipsic talked his way out of a job.




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Angels capitalize on Mariners' mistakes to win spring training game

The Angels beat the Seattle Mariners 2-0 in a spring training game at Tempe Diablo Stadium in Tempe, Ariz.




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Capitals dump Brendan Leipsic for trashing women and teammates in leaked private chat

Brendan Leipsic talked his way out of a job.




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Firefighters prevent disruption at Victoria as Storm Ciara hits the capital

Fire crews attended around 160 weather related incidents in a 12 hour period.




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Review: Income inequality? 'Capital in the Twenty-First Century' says the system needs fixing

Filmmaker Justin Pemberton turns French economist Thomas Piketty's 2013 manifesto on inequality, "Capital in the Twenty-First Century," into an engaging documentary.




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Marrakech: Morocco's cultural capital is brimming with stunning architecture



Morocco is somewhere I'd wanted to visit for a while. At its closest point, Morocco is less than 10 miles from Europe, and yet the country held a fascinating allure for me. Its culture is a centuries-old mix of Berber, Arab and Mediterranean influences, and all of these combine to create somewhere with a very distinctive and fascinating culture. Matthew Carey writes for Express.co.uk about his experience in Marrakech...




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Primeira capital do Brasil em lockdown tem ruas lotadas e trânsito intenso

Epidemiologista diz que um dos maiores obstáculos para a cidade ter índices de isolamento maiores é a vulnerabilidade social da população do Maranhão.




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#CapitalWalls: A Mural Tour of Albany’s Art

Where we’re at: I’m recapping my summer of 2019, including this tour in Albany in July. I realize for some this is a difficult time to read about travel. I am writing often about our current global crisis — the impact it’s having on me personally, on the world of travel, and on the world at […]
 




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Coronavirus capital by capital: How are Europeans coping with shutdown?

Europeans face a blizzard of restrictions on their freedoms as authorities try to stop the spread.




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Tsunami risk identified near future Indonesian capital

Scientists map ancient underwater landslides in the region chosen for Jakarta's replacement.




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The major problems with Larry Kudlow’s capital gains proposal

If you don’t know what capital gains indexing to inflation means, you probably wouldn’t benefit from it.




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Cultural capital goes commercial

It wasn’t one of my proudest moments when, a week before Christmas last year, I was hunched over my smartphone towards the back of the famous Hamley’s Toy Store on London’s Regent Street, composure tethered to an elusive bar of …




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AT#210 - Travel to the Ancient Capitals of Thailand

Amateur Traveler talks to Matt Kepkes of NomadicMatt.com about his trip to the ancient capitals of Thailand: Ayutthaya, Lopburi and Sukhothai. Before the capital moved to Bangkok it was in each of these three cities as invaders came in from what is now Cambodia and Burma and then were subsequently repelled. Instead of taking the night train to Chang Mai as many tourists do, Matt and his traveling companions explored these cities on the way. In their travels they found ancient temples (some in ruins and some well preserved), wonderful night markets, troops of monkeys, friendly people and a slice of rural Thailand.




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euromicron AG successfully completes 2019 capital increase

euromicron AG, a medium-sized technology group and expert on the digital networking of business and production processes, has now fully placed the capital increase it resolved on July 10, 2019.




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CBD News: Intervention de M. Ahmed Djoghlaf à l'occasion du lancement du concours « Capitale française de la biodiversité », promouvoir la biodiversité en ville, Natureparif, Paris, le 20 janvier 2010.