NASCAR Sprint Cup Daytona 2015 CZ 400 Dillon Huge Crash

NASCAR Sprint Cup Daytona 2015 CZ 400 Dillon Huge Crash

austin Dillon nascar

Officials at NASCAR and Daytona International Speedway vow to review safety features at the track after one of the biggest crashes in recent history marred the end of the Coke Zero 400 early Monday morning, when driver Austin Dillon was caught in a multi-car pileup that left his car totaled and 13 spectators injured.

«We’ll work closely with NASCAR [with our review],» Speedway president Joie Chitwoodsaid. «We did this after the last incident [a 2013 Xfinity Series race]. We’re going to learn from it and see what else we can do to be better. I think you saw some of the improvements at work today, so what we can learn from that tomorrow and the next days, we’re going to incorporate moving forward.»

Dillon walked away unhurt save for a few minor bumps and bruises, proclaiming himself ready for the next race.

«I am just going to be really sore,» Dillon told NASCAR.com. «It got my tailbone pretty good and my arm. Should be fine, just go ice it up and get ready for Kentucky.»

Dillon’s car was hit in the pileup and went in the air over two lines of cars before being snagged in the «catch fence,» which dropped it back down on the track. Thirteen fans in the grandstands were hurt by flying debris as the fence was ripped open by the force of the crash, but after being extricated from his No. 3 car by various crew members, Dillon raised his arms to the crowd before being evaluated on-site.

«It looked like that car just caught someone in the right position to get air under it, and it just lifted it right up in the air,» said race winner Dale Earnhardt Jr., whose father was killed at Daytona in 2001. «I haven’t even seen the wreck, and I don’t even know if I want to see it.»

bankruptcy recent news

Dr. Ricardo Corona

cbcnewsNine West store owner in Canada files for bankruptcy protection

The Canadian owner of one of Canada’s best-known shoe retailers has filed for bankruptcy protection.

Sherson Group, a Canadian distributor and retailer of footwear and accessories, is the licensed distributor of Nine West shoes in Canada. It also holds the Canadian rights to brands such as Anne Klein, Easy Spirit, Bandolino, Flogg, and Mootsies Tootsies.

The privately held company operates 47 Nine West locations in Canada.

Toronto-based Sherson is the latest in a series of Canadian retail bankruptcy protection filings or store closings, some stemming from a slower Canadian economy. This time, the culprit appears to be intense competition.

In documents filed Tuesday with Ontario Superior Court, Sherson lists 69 creditors to whom it owes at least $250.

The largest amount is more than $19 million owed to Nine West Group Inc. in the U.S., which licenses the Canadian rights of the brand to Sherson and supplies the shoes, handbags and jewellery for the stores.

Sherson also owes its chairman and CEO Stephen Applebaum and Stephen Applebaum Inc. at least $3.8 million, the documents show.

The total amount owed to all creditors is upwards of $32 million.

read more http://www.cbc.ca/news/business/nine-west-store-owner-in-canada-files-for-bankruptcy-protection-1.3142837

It was unclear what the debt restructuring means for the fate of Nine West in Canada.

According to the documents, Richter Advisory Group will serve as trustee in the process.

Intense competition

Sherson last hit financial trouble during the recession in 2009. The company closed about a dozen Nine West stores, cut expenses and came up with a footprint for smaller, more efficient stores.

Other operators of Canadian retail outlets have also run into financial trouble in the past two years:

  • In January, less than two years after opening, Target announced it was shuttering its 133 locations and leaving Canada.
  • Last December, Mexx filed for bankruptcy protection in Canada and said it would close all its 95 stores.
  • In November, parent company Reitmans said it was closing its 107 Smart Set locations.
  • In August, Bombay, Bowring & Co. and Benix & Co. — three retailers owned by the Benitah family — filed for bankruptcy protection and said it would close 110 stores.
  • Also in August, Holt Renfrew said it would close its stores in Ottawa and Quebec City.
  • In May 2014, Jacob abandoned restructuring efforts and announced it was closing all of its 92 stores.

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investment NewsF-Squared files for bankruptcy

F-Squared Investments Inc. filed for bankruptcy protection Wednesday and arranged for its investment strategies to be managed by a new firm, capping the rise-and-fall story of an exchange-traded fund manager once popular with financial advisers.

The firm filed documents seeking Chapter 11 bankruptcy protection, and asked the court to allow it to sell its investment strategies, contracts to manage money and other intellectual property to a competing, Chicago-based money manager.

The move will likely allow the firm’s flagship AlphaSector strategy to live on, managed by the buyer, Broadmeadow Capital, which is affiliated with F-Squared rival Good Harbor Financial.

“The opportunity presented itself,” said Paul R. Ingersoll, chief executive officer at Cedar Capital and Good Harbor. “For all the things that F-Squared has gone through and however unfortunately some of their materials have been represented, there are a significant amount of their clients that like their approach to investing and like their strategy.”

He said their primary goal, if the deal closes as expected within 45 days, is to “maintain the client relationships.”

read more: http://bit.ly/1NOMtSO

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NewsdayALLEGRIA HOTEL SEEKS SECOND BANKRUPTCY

Owners of the Allegria Hotel have filed for a second bankruptcy in four years after state agents seized 50 rooms at the Long Beach hotel because the company owes more than $6 million in unpaid taxes.

Alrose Allegria LLC and its owner Allen Rosenberg filed for Chapter 11 protection on July 2 in U.S. Bankruptcy Court for the Southern District of New York, in Manhattan, citing at least 20 creditors….

Read more: http://nwsdy.li/1To14sg

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HOUSE GOP OPPOSES BANKRUPTCY PROTECTIONS FOR PUERTO RICO

Associated Press

WASHINGTON (AP) — Leading House Republicans declared their opposition Wednesday to allowing debt-ridden Puerto Rico access to Chapter 9 bankruptcy protections, raising new uncertainty about how the island can emerge from its financial crisis.

A statement from House Judiciary Chairman Bob Goodlatte of Virginia said members of his committee share a concern that «to provide Puerto Rico’s municipalities access to chapter 9 of the Bankruptcy Code would not, by itself, solve Puerto Rico’s difficulties, which are associated with underlying, structural economic problems.»

Earlier, House Speaker John Boehner, R-Ohio, referred reporters asking about the issue to Goodlatte’s committee.

The White House and leading Democrats, including presidential candidate Hillary Rodham Clinton and Sen. Chuck Schumer of New York, have raised bankruptcy as a possible way out of Puerto Rico’s economic crisis.

As a U.S. territory, Puerto Rico is prohibited from allowing its municipalities, such as a debt-burdened state-run power company, to enter bankruptcy protection as a way to restructure their debts. Schumer is pursuing legislation to change that, though he has not yet succeeded in attracting Republican co-sponsors. The reaction Wednesday from House Republicans suggests such a bill could hit a dead end in the House anyway.

read more: http://yhoo.it/1LYA41k

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Fox Business - The Power to ProsperBankruptcy judge approves $2.5 million cleanup deal in West Virginia chemical spill case

CHARLESTON, W.Va. –  A bankruptcy judge has approved a $2.5 million deal involving the cleanup of a massive 2014 chemical spill in West Virginia.

Wednesday’s order by U.S. Bankruptcy Judge Ronald Pearson says the agreement is in the best interests of Freedom Industries, the company’s estate and its creditors.

Freedom will contribute $1.4 million and its parent, Chemstream Holdings, will add $1.1 million to clean up the Charleston spill site.

Previously, Freedom proposed only $150,000 for additional cleanup, which Pearson had rejected.

The cleanup plan was pushed by Freedom, the state Department of Environmental Protection and creditors. The agreement says DEP can’t sue Chemstream for the spill or cleanup.

The January 2014 spill spurred a tap-water ban for 300,000 people for days.

Read more: http://fxn.ws/1UBaqlW

Ricardo Corona celebra el Día de Acción de Gracias

Todos los años el Abogado Ricardo Corona y su staff de Las Oficinas de Corona Law Firm junto a Mega TV regalaron mas de 1000 pavos a diferentes familias del sur de la Florida en este evento anual organizado por los últimos 6 años. Mas de mil familias vinieron a las oficinas de Mega TV a recibir este regalo cortesía del Dr. Corona y su panel de Abogados. Lo acompañaron las estrellas y el equipo de producción de Mega TV que ayudaron a pasar pavos a sus fans mientras los saludaban.

haga click aqui y vea como fue la entrega de pavos en Mega TV y Corona Law Firm

Jailed For DUI

BOCA RATON, FL (BocaNewsNow.com) — Ryan Dick, a 40 year old Boca Raton resident, is now out of jail following his overnight arrest on DUI charges.

The charges suggest Dick was being a… bit difficult.

Boca Raton Police charged Dick with DUI, refusing to submit to a DUI test after his license was suspended, and refusing to sign or accept a citation.

Dick was booked into the Palm Beach County Jail at 1:49 Friday morning and released on his own recognizance at 6:34.

overnight arrest on DUI charges.

Vanilla Ice show earns Cultural Council prestigious award

Vanilla Ice‘s performance of his 1989 hit song “Ice Ice Baby” at last year’s Governor’s Conference on Tourism has earned The Cultural Council of Palm Beach County a prestigious Stevie Award.

The cultural council, which produced Ice’s show, received the award this week at a ceremony in Chicago.

Vanilla Ice stole the show at last year’s tourism conference. He performed his song with Palm Beach Symphony while ballerinas from Ballet Palm Beach danced around the stage at the Boca Raton Resort and Club.

The cultural council won a Gold Stevie Award for best public relations event for the “Break the Ice” event.

The council also received a Silver Stevie Award for its art&culture magazine.

More than 200 executives worldwide participated in the judging process to select this year’s Stevie Award winners.

“We are extremely impressed with the quality of the entries we received this year. The competition was intense and every organization that won should be proud,” said Michael Gallagher, president and founder of the Stevie Awards. “To those outstanding individuals and organizations that received Gold, Silver, and Bronze Stevie Awards, the judges and I are honored to celebrate your many accomplishments. You are setting a high standard for professionals nationwide.”Vanilla Ice show

Zoetis and Valeant: The Bill Ackman Connection

Zoetis saw shares surges after reports of Valeant Pharmaceuticals approaching the company with a takeover bid. Bloomberg’s Drew Armstrong examines the business of Zoetis, what it would add to Valeant and how Bill Ackman factors into the deal. He speaks on “Market Makers.” (Source: Bloomberg)

http://www.bloomberg.com/news/videos/2015-06-26/zoetis-and-valeant-the-bill-ackman-connection

Bob Beckel Is ‘Baffled’ By Fox News’ Announcement To Let Him Go

Bob Beckel said Thursday that Fox News’ announcement that the network was letting him go «baffles» him.

Beckel, a longtime co-host of «The Five» who has been with Fox News since 2000, took a leave of absence in February to undergo back surgery. The network also revealed that he was later admitted into rehab for an addiction to prescription pain medication, which developed after the surgery.

On Thursday, Fox News announced that it would continue «The Five» without Beckel.

«We tried to work with Bob for months, but we couldn’t hold ‘The Five’ hostage to one man’s personal issues,» said Bill Shine, Fox News’ senior executive vice president of programming. «He took tremendous advantage of our generosity, empathy and goodwill and we simply came to the end of the road with him.»

Beckel confirmed the news on Twitter Thursday evening, but expressed his discontent and shock with the network’s statement.

http://www.huffingtonpost.com/2015/06/26/bob-beckel-fox-statement-back-surgery_n_7670796.html