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30 Jul

Sainik Farms get something legal at last

Electricity bills for residents of Sainik Farms will become significantly low as the Delhi Electricity Regulatory Commission (DERC) has approved a proposal by the discom BSES to light up this affluent but unauthorised colony.
It is learnt the proposal was submitted nearly two years ago but had got derailed by procedural hiccups. The proposal was finally [...]

07 May

Legal risks put firms off taking on Northern Rock valuation

The Government is struggling to find an independent valuer for Northern Rock to determine what, if any, compensation shareholders should receive for their stakes in the Legal nationalised bank.
Industry sources said that accountants, investment banks and other potential valuers were wary of taking on the job because of the potential legal and reputational risks involved. [...]

07 May

Boosting Its Legal Tab

Faced with a judge’s order dismissing their argument for keeping a bonus program hidden from the public, Sandy leaders refused to surrender.
Within two weeks of the ruling, city officials hired a Salt Lake City law firm to continue what already had been a costly four-year legal battle.
During the next three months, newly obtained documents show, [...]

05 Apr

Teen driver seven times over drink limit jailed

Ahere Scott, 19, of Haumoana, Hastings, was stopped by police driving after driving without headlights past a police patrol at 3.30am two days after Christmas, Hawkes Bay Today reported.
He blew 1118mcg %26ndash; the legal limit for a person under 20 is 150mcg.
It was third time during 2007 that Scott had been stopped for driving with [...]

03 Apr

Vestar could sue

Invercargill director Ken Swain said Vestar had arranged for representatives of some finance companies to attend roadshows around the country to talk with clients following the collapse of Bridgecorp last July. At the time the companies had assured Vestars clients that they were fine, Mr Swain said.
We feel very bad for our clients, were working [...]

01 Apr

No Momi means no more than 27c

At worst, the repayments could be as little as 16 cents in the dollar, or $75.2 million out of the $458.7million invested.
Depending on the outcome of Bridgecorp loans to Fijis Momi resort, investors might get only half their money, according to the latest report.
Receivers warned investors yesterday to expect a payout nearer the bottom end [...]

01 Apr

Telecom split plan gets official nod

Mr Cunliffe today announced he had approved Telecoms plan for a three-way split in its operations.
Telecom had been required to put forward the plan as part of the Governments decision in 2006 to reregulate aspects of the industry to boost competition and investment in broadband infrastructure.
The amended plan- legally enforceable from today- breaks Telecom into [...]

23 Feb

Heart surgery patient sacked in hospital

Murray Gardiner, 60, was admitted to Christchurch Hospitals emergency department on January 3 after suffering chest pain for a week.
His operation on January 15 and subsequent recovery have gone well.
But having his 11-year job terminated by his boss, who declared the surgery only partly successful, was a shock, said Gardiner.
I was flabbergasted. I could have [...]

22 Feb

Heart surgery patient sacked in hospital

Murray Gardiner, 60, was admitted to Christchurch Hospitals emergency department on January 3 after suffering chest pain for a week.
His operation on January 15 and subsequent recovery have gone well.
But having his 11-year job terminated by his boss, who declared the surgery only partly successful, was a shock, said Gardiner.
I was flabbergasted. I could have [...]

03 Feb

Made in Bali - next big thing?

But its not just the lush landscape or proximity to one of the worlds best surf breaks that lured Cowen to the village of Canggu three years ago.
As the owner of Australian leather accessories company Mogil, Cowen also sees Bali as an ideal manufacturing base for her handbags, belts and shoes.
The labour is very cheap [...]


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