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University, athletic department to hold Juneteenth rally, walk

first_imgNotre Dame, along with the University athletic department and the football program, announced in an email Thursday that a Juneteenth celebration with a rally and walk for unity across campus will take place Friday.The event will take place at 12:30 p.m. at the Irish Green, between the DeBartolo Performing Arts Center and Angela Boulevard.“This event will serve as a symbol of the next step in leading the Notre Dame community to its best version of itself and to celebrate the Black Lives Matter movement by keeping it at the forefront of our conversations and committing to learning how it is impacting our world,” the email said.Defensive lineman Myron Tagovailoa-Amosa will open the ceremony with a prayer followed by remarks from defensive lineman Daelin Hayes, offensive lineman Max Siegel and head football coach Brian Kelly.Participants are encouraged to wear black shirts and join in a walk for unity across the campus. Additionally, attendees are expected to wear face coverings during the event while also maintaining social and physical distancing.Tags: Athletic Department, Black lives matter, Juneteenth, Notre Dame footballlast_img read more

Family Law Section makes rules recommendations

first_img Family Law Section makes rules recommendations Senior EditorA proposed rule that would allow family law lawyers to take liens on homes in divorces and charge a contingency fee in limited cases has been approved by the Family Law Section and forwarded to the Bar for review.The section completed work on its recommendations for Rule Regulating The Florida Bar 4-1.18 at its September session during the Bar’s General Meeting.The section has spent about a year reviewing the rule after the Board of Governor’s Disciplinary Procedure Committee proposed changes to the rule. The DPC sought to clarify what it considered the intent of the rule to ban lawyers from taking a lien on a family home when handling a divorce.The DPC was concerned such an action would constitute the lawyer acquiring an interest in the action, which is prohibited by Bar rules, and might be a conflict of interest because the lawyer would have an interest in the couple not reconciling.But the Family Law Section Executive Council protested the change. Some members said taking a lien on a home had been done for years and was the only way some spouses could afford a lawyer. Led by immediate past Chair Norman Levin, the section requested time to study the issue.A special section committee then came up with the proposed changes, including on contingency fees. Levin and other executive council members have argued contingency fees should be allowed in some cases as an access issues, because that is the only way clients can get the legal representation they need.The proposed rule defines what matters relate to family law matters, and specifies an attorney may enter into a nonrefundable retainer agreement, but must specify what, if any, services and costs will be covered by the retainer. Subsection (c) allows an attorney to take a lien or promissory note on personal or real property, provided the attorney may not foreclose on a residential lien while one of the couple is the title-holder and living at the house with one or more of the couple’s minor children. The attorney may, however, enforce the lien if another party is foreclosing on the property.The last section specifies that attorneys may not charge a contingency fee based on obtaining a divorce, securing custody or visitation provisions, or the amount of alimony or child support awarded. But attorneys would have the right to charge a contingency fee for other types of services, providing the client is informed of the right to have an hourly rate, has the opportunity to seek independent legal advice on the fee arrangement, and the client gets a statement of client rights and other provisions of Rule 4-1.5(f) are followed.In a letter to the DPC, section Chair Caroline K. Black said the contingency fee section was based on recommendations from the American Academy of Matrimonial Lawyers in its new Bounds of Advocacy. She also forwarded the academy’s recommended comment to the contingency fee provision: “The goal of this provision continues an absolute prohibition of fees contingent upon securing a dissolution or specified amount of alimony and child support and makes clear that the prohibition includes custody or visitation proceedings. In other matters relating to a dissolution, however, the policy basis for the prohibition does not apply.Therefore, this goal provides that an attorney should be able to enter into a contingent or percentage fee agreement with an informed client who has reason to believe that such an arrangement is in the client’s best interest.”Black noted in her letter that the growth of pro se litigation in family law cases has caused many problems, including inequitable results, that could be improved if more attorneys were involved. That’s something, she said, that could be brought about by the careful use of contingency fees.“A percentage fee arrangement might be preferable to an hourly rate for some dissolution clients. For example, although courts may have the power to compel the spouse with the greater assets to pay attorney’s fees, they often do not do so. Therefore, if the client is unlikely to pay the attorney’s fees unless the client receives a substantial award, the client’s ability to obtain quality legal representation may be dependent upon the availability of a contingent fee agreement,” Black wrote.“In addition, the amount of effort involved in a difficult case may result in an hourly fee that the client can only afford if he or she won. And yet, it is in just such a case that the client would need an experienced attorney who would be unlikely to undertake a risky case, solely on the basis of the attorney’s hourly rate.”Black said that Levin will be presenting the section’s recommendations to the DPC at its October 24 meeting. The issue is not scheduled to go to the Board of Governors when it meets the following day, although the DPC may report on its deliberations. Family Law Section makes rules recommendations November 1, 2002 Gary Blankenship Senior Editor Regular Newslast_img read more

Safe use of ATMs amid COVID-19 concerns

first_imgAs credit union branches closed in response to the COVID-19 health crisis in March and April, members’ primary interaction with credit unions was occurring either via the drive-thru or the ATM.“People felt safe using an ATM because there was no physical contact with a teller and they were able to maintain social distancing,” says Terry Pierce, director of ATM product management at CUES Supplier member CO-OP Financial Services, Rancho Cucamonga, California.Pierce notes that consumers still expressed concerns about interacting with the ATM screen and PIN pad. To alleviate those fears, CO-OP recommends that financial institutions take a proactive approach to disinfecting the surfaces of their ATMs. “They can either undertake this task with their own staff members or outsource it to a third-party vendors,” she says.Consumers, meanwhile, can do their part by following CDC guidelines—use disinfect wipes when interacting with the machine, avoid touching your face and wash your hands when you return home. “There’s an onus and responsibility on both parties, the consumer and the provider, to ensure that ATMs can be used safely,” Pierce says. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

We’ll Get There – The New York Times

first_imgI do not expect this to happen. The realistic takeaway from all this math? Right now, it is going to be much easier for Mr. Biden to win than Mr. Trump. I suspect that tonight you just want to know what every American wants to know: Who is going to win this thing?With Wisconsin and Michigan moving into Joe Biden’s column this afternoon, the road to 270 electoral votes is getting narrower for President Trump.As of 8:45 p.m. Eastern time, Mr. Biden had 253 electoral voters, while President Trump had 214. Seventy-one remained on the map. Three of those are in Alaska, which are likely to go to Mr. Trump. For the sake of the scenarios we’re about to lay out, let’s just assume Alaska falls in his column.That leaves five states up for grabs: Nevada, Arizona, Georgia, North Carolina and Pennsylvania.For Mr. Trump, there is no getting around a simple mathematical fact: To win, he must nab Pennsylvania. But that state alone isn’t enough. To reach 270, Mr. Trump must pick up Georgia and two additional states.So a Trump win looks something like this: Pa. + Ga. + two of Ariz., Nev. & N.C.For Mr. Biden, the math is much easier. He needs 17 more electoral votes. So, if he wins Pennsylvania, the race is over. He can also reach 270 by winning two of the other four states.A Biden win looks like one of these scenarios: Just Pa. OR two of Ariz, Nev., N.C. & Ga.Now, there’s one other possibility. Frankly, I hesitate to even mention it because it’s very unlikely but also very likely to make you reach for another glass of wine.Let’s call it the OMG scenario. If Mr. Trump wins Pennsylvania, Nevada, Arizona and North Carolina and Mr. Biden takes Georgia … we have a tie.Yes, a tie. 269 to 269. Our founders in all their infinite wisdom created a system that wound up with an even number of total electoral votes. Yay! – Advertisement – – Advertisement – Remember when I told you to exhale? I think that was yesterday, though time has folded into an electoral map.Well, are you still breathing? Good.It’s been a rough day. We’ve laughed, we’ve cried, we’ve panic-refreshed our screens and we’ve eaten a whole lot of gummy worms. (Wait, is that just me?) … SeriouslyI mean, uh, the election?Thanks for reading. On Politics is your guide to the political news cycle, delivering clarity from the chaos.On Politics is also available as a newsletter. Sign up here to get it delivered to your inbox.Is there anything you think we’re missing? Anything you want to see more of? We’d love to hear from you. Email us at onpolitics@nytimes.com. But, just for a minute, let’s look at the situation in a slightly different way: Democracy is messy, but so far it seems to be working.At least 159.8 million Americans cast ballots, according to a projection by NBC News, which would amount to the highest turnout rate since 1900. Votes are being counted. Carefully. And we may know who our next president is within days, if not earlier.Like I said, take a breath.- Advertisement – – Advertisement – We want to hear from our readers. Have a question? We’ll try to answer it. Have a comment? We’re all ears. Email us at onpolitics@nytimes.com.We have a lot to offerDo you want to know Senate results? House results? Presidential vote counting?We are here for all your election needs, with maps, analysis and a steady stream of breaking news updates. And that’s not all! We’re tracking misinformation. Visually documenting how Americans are processing the uncertainty. There’s even a flow chart of all the ways either candidate can win the White House. Come join the (sleepless!) party at nytimes.com.And remember: Your subscription supports all the work we do. If you haven’t already, I sure hope you will think about subscribing today. Hi. Welcome to On Politics, your guide to the day in national politics. I’m Lisa Lerer, your host.Sign up here to get On Politics in your inbox every weekday.last_img read more

Bernardino: Stress tests reveal important insight into vulnerability

first_imgIt said a harmonised approach to valuing assets and liabilities was central to being able to compare stress test results and assess the impact of shocks on financial stability at the EU level.This is the common methodology developed by EIOPA, which uses a market risk-free rate for discounting liabilities and is the main reason for the divergence between the deficits calculated under the NBS and common methodology assessments.  It was based on current national regulations and the holistic balance sheet (HBS), although EIOPA said no decisions had been taken at EU level regarding the use of the HBS, “which is still subject to further EIOPA work”.Obvious but valuableBernardino acknowledged that some aspects of the stress test results “may seem obvious”, but he stressed the importance of having the data to show this.“That’s the first gain from the exercise,” he said, “both for supervisors and also in the engagement that supervisors will have with the national authorities.“I wouldn’t say there is something striking, or something that was completely unexpected from the results of the exercise. But, when we look at the numbers and the impacts of the different scenarios, we get much better knowledge and a much better understanding of where the real vulnerabilities are.”EIOPA carries out stress tests on a two-year cycle, and its next exercise is due to take place in 2017.  In the interim, EIOPA will analyse the evolution of the market to decide what will be the relevant indicators to stress at that point in time.EIOPA said more work needed to be done to understand how IORPs’ vulnerability to economic shocks and prolonged adverse market conditions might affect financial markets and the real economy, especially via the mechanism of sponsors coming under pressure to increase future contributions.It has, however, concluded that the risk of pension funds transmitting financial shocks to other market participants is limited.The stance was welcomed by The Pensions Regulator in the UK, which noted that high-quality risk management and strong employer covenants were among “flexibilities” that limited the link between pension schemes and financial stability.Andrew Warwick-Thompson, executive director of regulatory policy at TPR, said: “We are not surprised EIOPA’s pension stress test found only a limited link between pension schemes and financial stability.“In our view, the results of the EIOPA pensions stress test illustrate the flexibilities under which UK pension schemes can operate.”Neither was the Dutch Pensions Federation surprised by the outcome of the stress tests, “as they had been conducted while pension funds’ balance sheets were already stressed”.It attributed EIOPA’s conclusion, that Dutch pension funds posed a limited risk to financial markets, to the long-term character of schemes’ liabilities and recovery plans.“As a consequence, Dutch pension funds have a stabilising effect on financial markets,” it said. The first EU stress tests of occupational pensions have provided useful information about their vulnerability to market shocks and the need to better understand the possible secondary impacts on financial stability, even though the exercise did not yield any big surprises, EIOPA chairman Gabriel Bernardino has said.Setting out the main outcomes of the stress test exercise during a press conference today, Bernardino stressed that it was too early for the supervisory authority to draw “absolute” conclusions about any systemic impact of IORPs’ vulnerability to market shocks or prolonged adverse market conditions, such as persistently low interest rates.He emphasised that the deficits shown by the stress tests under the different adverse market scenarios – using either a National Balance Sheet (NBS) assessment or the common methodology devised by EIOPA for cross-border comparison – did not represent funding shortfalls, and that there were various means by which economic and/or financial shocks could be absorbed by defined benefit schemes, such as long recovery periods or benefit adjustment mechanisms.The heterogeneity of the European pensions sector is also a hurdle to making more definitive conclusions, EIOPA said.last_img read more

IPE Conference: Pension funds encouraged to be ‘prisoners of hope’

first_imgPension funds investing in the green economy should consider how they can help make the move away from fossil fuel-based energy generation a fair and just transition, according to former Ireland president and UN human rights commissioner Mary Robinson.Addressing delegates in Prague at IPE’s annual conference, she encouraged pension funds to invest in the green economy and back away from coal, but to be mindful of the individuals that could be hurt by these actions.“I’m aware that we also need to remember those who worked in the coal industry and the other fossil fuel industries,” she said.Citing a recent announcement from the Italian government that it planned to exit coal power by 2025, Robinson said this move could require more than 20 coal power plants to be closed by then, which “will be very stark and dramatic for a lot of families”. “I don’t know what the number is but it’s real people, a real contribution that they’ve made,” she said.She encouraged European pension investors to think about a “just transition – how to have a fairer transition to where we need to get to”. Robinson was asked by a delegate for a call to arms for pension investors as fiduciaries, whose “ability to invest how they might see fit, for example in clean energy, is somewhat restricted”.She also spoke about climate change and the implications of its impacts for political stability in Europe and other countries, touching upon the feelings of alienation in certain regions emanating from migration.However, Robinson emphasised that her approach to climate change was a human rights-based one.In concluding remarks she appealed to delegates to be “prisoners of hope”, borrowing an expression from Archbishop Desmond Tutu – one she said she had made her personal philosophy.“If you just describe how bad things are all the energy goes out of the room,” she said. “And indeed any sense of how to cope.”Being a prisoner of hope meant being realistic about problems but also seeing hope things can change, she said.“I believe that that hope for the world lies in that double framework of 2015,” Robinson concluded. “In the [UN Sustainable Development Goals] and the Paris climate agreement. “That is the sustainability of our world.”last_img read more

No goats at this sprawling Gold Coast property

first_imgThe split-level residence features four bedrooms, a pool, indoor and outdoor living spaces, fireplace and solar panels.“Cosy up by the indoor fireplace in winter, relax on the deck all year round, or toast marshmallows over the fire pit under a blanket of stars.”“As the lucky new owners of this impressive home, you’ll be close to the vibrant attractionsof the Gold Coast, and yet you’ll feel a million miles away.” The kitchen. 54 Worongary Rd, Worongary — no goats please.A QUIRKY marketing campaign for a sprawling Gold Coast property advises house hunters to “take your mountain goats elsewhere”. But it seems the unusual marketing tactic worked — the Worongary property listed at offers over $699,000 sold within three days of hitting the market for $730,000. LJ Hooker Mudgeeraba agent Karl Grossman was behind the “no goats” marketing for 54 Worongary Rd. “Take your mountain goats elsewhere — just bring your cricket gear and an Esky full of beer,” the listing states.“Seriously folks, this is one of the best blocks available in Worongary.“Over two acres of usable land for your children to play and have fun — with room for a horse or motorbike.” There’s even a pool.Mr Grossman said he thought the “goat marketing” would stand out on realestate.com.au.“I just thought on realestate.com.au you see a photo of a house or a kitchen or a pool and I wanted something to stand out and get buyers’ attention,” he said.“It did work — I don’t know if it was solely because of the (goat) advertising — it was the fact the property had a lot of usable land and was in the $700,000 — $750,000 price range which is below the median price there for acreage.”Mr Grossman said he had more than 40 groups through the first inspection.“It went on the market on June 14 and we had the first open home on June 16,” he said.“We received three written offers and it sold for $730,000 to a Gold Coast family.“They are renting at Sorrento and have three children — their reason for buying is their 12-year-old daughter is mad keen on horses.” More from news02:37International architect Desmond Brooks selling luxury beach villa16 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoNot bad inside either. 54 Worongary Rd, Worongary — it’s all flat land here.last_img read more

Safety rap for Point Resources and Halliburton over Jotun B incident

first_imgNorwegian offshore safety body, the Petroleum Safety Authority (PSA), has found serious breaches of regulations during an investigation of a lifting incident involving a falling object on the Jotun B platform off Norway. Jotun B; Source: NPDThe PSA said on Tuesday that it issued Point Resources and Halliburton with a notification of order.The lifting incident occurred on May 19 during the lifting of a drilling riser on Jotun B in the North Sea, where Point Resources is the operator.According to the safety body, the riser came loose from the lifting device and fell eight meters. The weight of the riser is stated to be 15 tonnes, fortunately, nobody was harmed during the incident.As part of our investigation, the PSA visited the facility from May 24 to 27 and held follow-up meetings onshore. From this, the organization identified serious deficiencies in systems and processes associated with the modular drilling facility.The deficiencies concern the lack of compliance with the requirements in the maintenance provisions of the activities regulations, barriers for the functions relating to the handling of the lift were not defined or classified, and lifting functions and lifting equipment lacked performance requirements.Also, the PSA said that the companies were unable to produce documentation of how the lifting equipment involved in the incident had been re-categorized from lifting equipment to drilling-related equipment, assignment of technical and operational responsibility for maintenance of the lifting equipment involved was absent, and personnel involved in the incident lacked adequate training in the lifting equipment used during the incident.“Perform immediate mapping” Accordingly, the agency gave a notification of an order to both Point Resources and Halliburton.The safety watchdog ordered the companies to perform an immediate and systematic mapping of barrier functions for lifting in the drilling module. The mapping shall cover the performance requirements defined, such that the barriers’ functions are safeguarded.To ensure that the defined barriers are classified in respect of the consequences for health, safety and the environment of potential functional failures and to assess compensating measures for use of the drilling facility prior to completion of the mapping of barrier functions.The companies must also unambiguously define responsibilities and authorities and prepare necessary governing documents for the use and monitoring of operations and equipment linked to the use of the drilling module.The deadline for the Point Resources and Halliburton to comply with the order is set for August 10. The investigation of the lifting incident is still in progress.To clarify, an order is an administrative decision and a strongly preventive instrument which is legally binding on the recipient, in this case, Transocean. Before issuing an order, the PSA first sends a notice of order to the affected companies which is neither an instrument nor a notice of sanctions. It is only a first step before an administrative decision is made.last_img read more

CSL Group, Oldendorff Carriers Join Trident Alliance

first_imgDry bulk shipping companies CSL Group and Oldendorff Carriers have become the newest members of Trident Alliance, a network of shipping companies and other stakeholders working together for effective enforcement of sulphur regulations. As members of the Trident Alliance, CSL and Oldendorff Carriers have committed to compliance with the new IMO 2020 maritime sulphur cap and  support ‘robust and transparent’ enforcement of these regulations.“Safety and environmental stewardship are fundamental corporate objectives and core values at CSL,” Louis Martel, President and CEO of CSL Group, explained. “So we are delighted to join the Trident Alliance and add our voice to the growing calls for fair enforcement of environmental compliance,” he added.“We are pleased to join the Trident Alliance to broaden support for effective regulatory enforcement, and we look forward to working with other industry stakeholders to reach our shared objectives,” Peter Bagh, Chief Operating Officer at Oldendorff Carriers, pointed out.“I am very happy to welcome The CSL Group and Oldendorff Carriers to the Trident Alliance,” Roger Strevens, the Chair of the Trident Alliance and VP of Global Sustainability for Wallenius Wilhelmsen, said.“Our coalition has swelled to include 49 shipping owners and operators from around the globe, all sharing a common interest in effective enforcement of maritime sulphur regulations and the will to collaborate to help bring it about,” Strevens continued.last_img read more

Investment snag for Perpetuus Tidal Energy Centre

first_imgThe Perpetuus Tidal Energy Centre is operated as a joint venture between a private company, Perpetuus Energy Ltd, and the Isle of Wight council. PTEC is a proposed tidal energy demonstration facility with a planned electrical generation capacity of 30MW. However, in order to secure the first phase of funding from the Tiger project PTEC approached the council for a further loan of £244,000. This would lever in £366,000 in EU funding to secure the leases and licences for the future and enable a further phase of work, also attracting Tiger funds, to secure financial close on the scheme. “In light of the extraordinary circumstances created by the Coronavirus (COVID-19) pandemic and the financial uncertainties it has created, the council will delay the decision on the further loan investment in PTEC until a future date when there are fewer variables to consider in assessing the overall deliverability of the project,” said the Isle of Wight council in a statement. The Isle of Wight council were set to approve the further investment to assist with renewal of licences and leases for the tidal energy scheme off the coast of St Catherine’s Point. A decision on whether to approve a further £244,000 investment in Perpetuus Tidal Energy Centre (PTEC) has been delayed – this time by coronavirus. Instead the decision has been deferred. The PTEC project has been in hibernation after the 2017 change in Government policy, which led tidal energy companies saying they could not compete with offshore wind bids. In order to secure the EU funds and effectively keep the project alive, PTEC was required to confirm its match funding is secured and in place by the end of March. While the decision has been postponed, the council has said it will continue to work with PTEC, the Tiger Project and other stakeholders to help inform any future decision.last_img read more