deeshu-tatum.blogspot.com
D.C.-based and are pitchinbg a three-building complex that woulds includeabout 90,000 square feet of retai l and restaurant space. The property is zoned for commercial space, but Quadrangle and AEW want to mix up the uses at the which is next to threer existing office buildings and a fourty office project under construction. For the past two a task force has studied whatthe "new Tysons" shoulcd look like, in light of the plannef $4 billion Metrorail extension that would bring four stationa to Tysons Corner.
Quadrangle and AEW'ss plan, however, is being pursuedc through the currentcomprehensive plan, which allows for conversions to residential uses, said Elizabeth Baker, land-use coordinato for Arlington-based , which is representin g Quadrangle and AEW on the "It does fit in with the new plan for Baker said, "but the county has been encouraging more housingg for Tysons for a If the Quadrangle/AEW partnership can get the rezoninbg approved at an Oct. 15 meeting of the Fairfax Counth Boardof Supervisors, the site-plan reviee would probably take a year, Baker said. Work on the site coulf get started in the fallof 2008. The projec t would be built inthree phases.
The plan callzs for 18-story, 17-story and 16-story buildingas with ground-floor retail and restauran t space. The units could be apartments or depending on market conditionss at the time of Baker said. Quadrangle and AEW are planning for a minimum of 750 unit s at the site and a maximum of 919 The partnership recently started work on aneighboring 293,000-square-foort office building slated to be completeds in the spring of 2009.
Tysons' future look hingez greatly on the succesws of theMetrorail project, but the Quadrangle/AEW proposal is a good indicatore of the area's viability without the rail said Bill Lecos, a membe of the Tysons Land Use Task The 36-member task force has been meeting since March 2005 to studuy future development in Tysons and is expectesd to have a formal proposal for the county board in Januaryu 2008. "If the Metro projecrt were to crater, God forbid, I don't thinm developers would sit onthe sidelines," Lecos "They would move forward according to the new plan that's beinb put together.
" The task forcw is looking at two density scenarios for the new Lecos said. One proposal would bringf the area's development to 120 millionb square feet, and the other woulr expand it to 83 million square Tysons currently has about 43 million squarew feetof development. Lecos said that the task after severalcommunity forums, is guiding its decisions on four to maintain Tysons' borders and not infringew on neighborhoods nearby; to keep the most intenswe new development at the Metrl stations; to establish a set of "desirables, or like parks and public spaces; and to improves transportation within Tysons by realigning streetws and perhaps establishing a circulator bus route.
"Oncee all that is you can reach thatultimate number," Lecoa said.
Wednesday, November 14, 2012
Monday, November 12, 2012
AT&T unit wins case over claims coverage - Dallas Business Journal:
coras-newport.blogspot.com
At issue in the case involvingt was whether an insurer was obligateds to cover a claim by Prodigy even thougb Prodigy failed to give notice to theinsurer “as soon as practicible,” as was required by the Prodigy is an Internet services provider through a series of acquisitions, became AT&fT Internet Services some years ago. In part becauss the insurance company wasn’gt harmed by the delay, the coury ruled that the insurer — Agricultural Excesws & Surplus Insurance Co., now known as Greatt American E & S Insurance Co. and — had to coverf the claim.
“Unfortunately, we had lost in the trial courtt and inthe (Fifth District) Cour of Appeals,” says Werner a litigation partner in Dallas at Haynesx and Boone who represented Prodigy. “It took the Texas Suprem e Court to getit right.” Powers worked on the case with Charlezs C. Keeble Jr., of counsep at Haynes and Boone. “Th e Supreme Court of Texas decided to create new saysJoe Borders, a partner in the Chicago office of Walketr Wilcox Matousek LLP, who represented the insurancse company.
The case is significant for businesseds of all sizes because the polic y at the center of the casewas what’s knowb as “claims made,” meaning claims receive coverage only if they are broughgt to the insurer’s attention during the time when the policy is in effect (or in a set period after the policyg expires). Certain types of insurancee policies thatbusinesses buy, including directores and officers, and errors and omissions tend to be claims-made policies. In a decision last year in a case callecdPAJ Inc. vs.
, the state Supremee Court ruled that insurers must provide coveragrin “occurrence-based” policies when the insured givee late notice of a claim, as long as the insurerr was not harmed by the delay. Occurrence-based policies pay for claimx that occur when the policy isin effect, regardlesx of when the claim is Commercial general liability policies for business, as well as home and auto coveragw for consumers, are occurrence policies. “This was a majofr extension ofthat doctrine” establisheds in PAJ vs. Powers says.
Normally when companies have D&O or E&Ok claims, “there’s always a concern about the immediacy ofreporting (the claim) to the carrier,” says David Metzler, the Dallas-basedr chairman of the Insurance Coverage and Litigatio n Practice Group at Cowleds & Thompson. The Prodigy case may give companies a little breathingt room onthat front. But, Metzler adds, “yourr general practice should be toreport (the as soon as you
At issue in the case involvingt was whether an insurer was obligateds to cover a claim by Prodigy even thougb Prodigy failed to give notice to theinsurer “as soon as practicible,” as was required by the Prodigy is an Internet services provider through a series of acquisitions, became AT&fT Internet Services some years ago. In part becauss the insurance company wasn’gt harmed by the delay, the coury ruled that the insurer — Agricultural Excesws & Surplus Insurance Co., now known as Greatt American E & S Insurance Co. and — had to coverf the claim.
“Unfortunately, we had lost in the trial courtt and inthe (Fifth District) Cour of Appeals,” says Werner a litigation partner in Dallas at Haynesx and Boone who represented Prodigy. “It took the Texas Suprem e Court to getit right.” Powers worked on the case with Charlezs C. Keeble Jr., of counsep at Haynes and Boone. “Th e Supreme Court of Texas decided to create new saysJoe Borders, a partner in the Chicago office of Walketr Wilcox Matousek LLP, who represented the insurancse company.
The case is significant for businesseds of all sizes because the polic y at the center of the casewas what’s knowb as “claims made,” meaning claims receive coverage only if they are broughgt to the insurer’s attention during the time when the policy is in effect (or in a set period after the policyg expires). Certain types of insurancee policies thatbusinesses buy, including directores and officers, and errors and omissions tend to be claims-made policies. In a decision last year in a case callecdPAJ Inc. vs.
, the state Supremee Court ruled that insurers must provide coveragrin “occurrence-based” policies when the insured givee late notice of a claim, as long as the insurerr was not harmed by the delay. Occurrence-based policies pay for claimx that occur when the policy isin effect, regardlesx of when the claim is Commercial general liability policies for business, as well as home and auto coveragw for consumers, are occurrence policies. “This was a majofr extension ofthat doctrine” establisheds in PAJ vs. Powers says.
Normally when companies have D&O or E&Ok claims, “there’s always a concern about the immediacy ofreporting (the claim) to the carrier,” says David Metzler, the Dallas-basedr chairman of the Insurance Coverage and Litigatio n Practice Group at Cowleds & Thompson. The Prodigy case may give companies a little breathingt room onthat front. But, Metzler adds, “yourr general practice should be toreport (the as soon as you
Sunday, November 11, 2012
Iran parliament to investigate blogger's death - Reuters
esivyjifag.wordpress.com
The Guardian | Iran parliament to investigate blogger's death Reuters "The national security and foreign policy committee of Parliament has investigated this topic and has formed a committee in this regard," Abu-Torabi Fard was quoted as saying by Mehr. Conservative and outspoken lawmaker Ahmad Tavakoli, who represents ... US wants Iran bl ogger's death investigated |
Friday, November 9, 2012
'Surprised' Roe to finish out 2013 assessing period - Fulton Sun
lihung-associations.blogspot.com
'Surprised' Roe to finish out 2013 assessing period Fulton Sun Democrat Dan Roe was the only incumbent seeking re-election to lose a county level position in the general election when Jody Paschal won about 56 percent of the vote, but what makes Roe's situation even more unique is that he will continue as Callaway ... |
Wednesday, November 7, 2012
Avalon Pharmaceuticals continues to struggle - Washington Business Journal:
uqudenlid.blogspot.com
It’s the second year that the Germantown biotech’s auditors, , have raisex the risk that the companyg may not continue as agoing concern, which mean the company doesn’t have cash to operatre for the next 12 months. After strugglinbg to survive and cutting costs through shrinking staff andportfolio projects, Avalon in October 2008 announcecd it intended to sell itself to Massachusetts-based for $10 millio n in stock. Clinical Data had given Avalon a $3 million loan to tide the smallert company over until the originally anticipatedd March closing date.
But the deal endedx up stretching beyond that first and Avalon recently revealed it receivedanotherf $1 million loan to keep operations goint until a newly set closing date in May. Avalobn has said it doesn’t have the resourcexs to continue operating as is past May 31 if thesale doesn’yt occur. If Clinical Data acquires Avalon, it plans to make the local company a wholly owned subsidiarhy to remainin Germantown. Clinical Data has signede agreements to keep on Avalon Presidenrt and CEO Ken Carter and Chiecf Medical OfficerMichael Hamilton.
Carter, Hamilton and Avalon CFO Eric Winzerd are all slated to receivs severancepayments -- a year’s pay for who makes $300,000, and Winzer, who makexs $285,600, and nine month’x pay for Hamilton, who made as well as some health benefit s -- if their positions are eliminated as a resulr of the sale. Avalon (NASDAQ: AVRX) also facese a hearing on April 30 toappeaol Nasdaq’s decision to delist the company’s stock from its exchanger for falling below the minimum $10 million requirede in stockholders’ equity for listec companies.
It’s the second year that the Germantown biotech’s auditors, , have raisex the risk that the companyg may not continue as agoing concern, which mean the company doesn’t have cash to operatre for the next 12 months. After strugglinbg to survive and cutting costs through shrinking staff andportfolio projects, Avalon in October 2008 announcecd it intended to sell itself to Massachusetts-based for $10 millio n in stock. Clinical Data had given Avalon a $3 million loan to tide the smallert company over until the originally anticipatedd March closing date.
But the deal endedx up stretching beyond that first and Avalon recently revealed it receivedanotherf $1 million loan to keep operations goint until a newly set closing date in May. Avalobn has said it doesn’t have the resourcexs to continue operating as is past May 31 if thesale doesn’yt occur. If Clinical Data acquires Avalon, it plans to make the local company a wholly owned subsidiarhy to remainin Germantown. Clinical Data has signede agreements to keep on Avalon Presidenrt and CEO Ken Carter and Chiecf Medical OfficerMichael Hamilton.
Carter, Hamilton and Avalon CFO Eric Winzerd are all slated to receivs severancepayments -- a year’s pay for who makes $300,000, and Winzer, who makexs $285,600, and nine month’x pay for Hamilton, who made as well as some health benefit s -- if their positions are eliminated as a resulr of the sale. Avalon (NASDAQ: AVRX) also facese a hearing on April 30 toappeaol Nasdaq’s decision to delist the company’s stock from its exchanger for falling below the minimum $10 million requirede in stockholders’ equity for listec companies.
Monday, November 5, 2012
Rounsavall joins Advanced Cancer Therapeutics board - Business First of Louisville:
cicugaha.wordpress.com
ACT was formed in January 2007 by a grouof investors, including local venture capitalists Dale Bode n and Ty Wilburn, with the purposr of expediting the process of gettinbg new cancer treatments to market. ACT has a licensinb agreement with the University of Louisville that allows researcherx atUniversity Hospital's Jamesx Graham Brown Cancer Center to submit theirt scientific discoveries to the company, which evaluates their potential for commercialization. Rounsavall is managef of , a Louisville-based industrial real estate development and management company. He also serves as a boards member for the Regional CancerCenter Corp.
, an oversighgt and advisory board for the Brown Cancer Center; as a membefr of the University of Louisville boarc of overseers; and the board of University Medica Center Inc., which manages University Hospital and the clinica l operations of Brown Cancer Center. For more information about AdvancedCancer .
ACT was formed in January 2007 by a grouof investors, including local venture capitalists Dale Bode n and Ty Wilburn, with the purposr of expediting the process of gettinbg new cancer treatments to market. ACT has a licensinb agreement with the University of Louisville that allows researcherx atUniversity Hospital's Jamesx Graham Brown Cancer Center to submit theirt scientific discoveries to the company, which evaluates their potential for commercialization. Rounsavall is managef of , a Louisville-based industrial real estate development and management company. He also serves as a boards member for the Regional CancerCenter Corp.
, an oversighgt and advisory board for the Brown Cancer Center; as a membefr of the University of Louisville boarc of overseers; and the board of University Medica Center Inc., which manages University Hospital and the clinica l operations of Brown Cancer Center. For more information about AdvancedCancer .
Sunday, November 4, 2012
Syrian Army Headquarters Bombed; Rebels Seize Oilfield - Businessweek
iqukikofor.wordpress.com
Jakarta Globe | Syrian Army Headquarters Bombed; Rebels Seize Oilfield Businessweek The insurgent Free Syrian Army killed, wounded or captured 40 guards at the El Ward oilfield in Deir Ezzor province after a siege of several days, the Syrian Observatory for Human Rights group said by e-mail from London. Rebels captured a tank, armored ... Troo ps die in attacks on army checkpoints Syria rebels kill 28 as army launches fresh strikes Syrian rebels branded 'war criminals' over video 'that shows them executing ... |
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