connection-with

By Dara Doyle and Colm Heatley March 9 (Bloomberg) — Irish police arrested seven people in Cork and Waterford in connection with an investigation into a conspiracy to murder an individual in another country. Irish police have “been working closely with law enforcement agencies in the United States and in a number of European countries,” the police said in a statement today, without giving additional details. The arrests, which took place in counties Waterford and Cork, are in connection with an investigation into a conspiracy to murder Swedish cartoonist Lars Vilks, RTE reported today, without saying where it got the information. Vilks depicted the Prophet Muhammad with the body of a dog and Al-Qaeda offered $100,000 for the murder of Vilks in 2007, the broadcaster said. All those arrested are being detained under section 50 of the criminal justice act, which allows them to be detained for as long as seven days, a police spokesman who declined to be identified, said by phone. The arrested includes four men and three women, RTE said. To contact the reporter on this story: Dara Doyle at ddoyle1@bloomberg.net Colm Heatley in Belfast at cheatley@bloomberg.net

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Ireland Arrests Seven in Overseas Murder Plot Probe Linked to Cartoonist

A St. Louis real estate broker has pleaded guilty to bank fraud in connection with brokering real estate transactions in 2006 and 2007. Randall Penberthy Jr., 40, of St. Charles, operated and controlled several

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St. Louis real estate broker admits bank fraud

FBI Arrests Two Men in New York City Bomb Scheme, Terrorism Investigation

January 8, 2010

By Patricia Hurtado (Corrects spelling of name to Medunjanin in second paragraph.) Jan. 8 (Bloomberg) — Two men were arrested as part of a probe into an alleged terrorist plot targeting New York that was foiled last year, a spokesman for the Federal Bureau of Investigation’s New York office said. Adis Medunjanin and Zarein Ahmedzay were placed under arrest early today, the FBI’s James Margolin said in a phone interview. Both are expected to appear before a federal judge in Brooklyn later today, said Robert Nardoza , a spokesman for Brooklyn U.S. Attorney Benton Campbell . Nardoza declined to say what charges the men would face. The men were arrested in connection with Najibullah Zazi, an Afghan man who authorities said trained at an al-Qaeda terrorist camp. Zazi and two other men were arrested in September over an alleged plot to detonate a bomb in New York around the anniversary of the Sept. 11 terrorist attacks. Authorities said Zazi had purchased components to make an improvised bomb and carried instructions for an incendiary device on a laptop computer. Attorneys for Medunjanin and Ahmedzay couldn’t immediately be reached for comment. To contact the reporter on this story: Patricia Hurtado in New York at pathurtado@bloomberg.net

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FBI Arrests Two Men in New York City Bomb Plot, Terrorism Investigation

January 8, 2010

By Patricia Hurtado (Corrects spelling of name to Medunjanin in second paragraph.) Jan. 8 (Bloomberg) — Two men were arrested as part of a probe into an alleged terrorist plot targeting New York that was foiled last year, a spokesman for the Federal Bureau of Investigation’s New York office said. Adis Medunjanin and Zarein Ahmedzay were placed under arrest early today, the FBI’s James Margolin said in a phone interview. Both are expected to appear before a federal judge in Brooklyn later today, said Robert Nardoza , a spokesman for Brooklyn U.S. Attorney Benton Campbell . Nardoza declined to say what charges the men would face. The men were arrested in connection with Najibullah Zazi, an Afghan man who authorities said trained at an al-Qaeda terrorist camp. Zazi and two other men were arrested in September over an alleged plot to detonate a bomb in New York around the anniversary of the Sept. 11 terrorist attacks. Authorities said Zazi had purchased components to make an improvised bomb and carried instructions for an incendiary device on a laptop computer. Attorneys for Medunjanin and Ahmedzay couldn’t immediately be reached for comment. To contact the reporter on this story: Patricia Hurtado in New York at pathurtado@bloomberg.net

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Southbay Law firm » Blog Archive » The “Empty Creditor Hypothesis …

December 27, 2009

One of the troubling issues raised by researchers (and noted here) in connection with the distressed debt market has been whether or not high-risk investors (i.e., speculators) might be incentivized to buy CDSs on distressed debt , …

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Tricap Partners II LP-Early Warning Press Release

November 5, 2009

CALGARY, ALBERTA–(Marketwire – Nov. 5, 2009) – NOT FOR DISTRIBUTION TO US NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Pursuant to the previously announced rights offering (the “Rights Offering”) by Central Alberta Well Services Corporation (the “Corporation”), Tricap Partners II L.P. (“Tricap”) has received 16,876,136 rights in respect of the 16,876,136 common shares (“Common Shares”) of the Corporation currently held by Tricap, which represents approximately 62.07% of the Common Shares currently outstanding. Each right entitles the holder thereof to subscribe for 4.855 Common Shares at a price of $0.25 per share. In connection with the Rights Offering, Tricap and the Corporation have entered into a Standby Purchase Agreement pursuant to which the Corporation has agreed to sell and Tricap has agreed, subject to certain terms, conditions and limitations, to purchas

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Real Money (Oct. 29, 2009): Capital Raisings, Property Financings

October 28, 2009

Hovnanian Enterprises Inc. closed an offering of $785 million of senior secured notes due 2016. The notes and the guarantees will be secured on a first-priority lien basis by substantially all of the homebuilder’s assets. In connection with the offering…

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Biofuels Power Extends Management Team and Announces the First Phase of Development for the Houston Clean Energy Park

September 24, 2009

HOUSTON, TX–(Marketwire – September 24, 2009) – Biofuels Power Corporation ( OTCBB : BFLS ), a power generation company pioneering the use of biofuels as a fuel source, today announced that its president Fred O’Connor has resigned to pursue other interests. In connection with Mr. O’Connor’s resignation, Eric Gadd, age 54, has accepted a position as interim Chief Operating Officer for a period of 90 days. Upon the satisfaction of certain conditions, including the negotiation and execution of a suitable employment agreement, Mr. Gadd has agreed to become a director of the Company and accept the position of president and chief executive officer. Mr. Gadd will work closely with Steve McGuire, founder and Business Development Manager, and Rich DeGarmo, Chief Technical Officer, with the objective of generating growth and profitability of the Company.

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FBI Arrests Two Afghan Men in Colorado, One in New York in Terrorism Probe

September 20, 2009

By Timothy R. Homan Sept. 20 (Bloomberg) — The Federal Bureau of Investigation arrested three men from Afghanistan on charges of making false statements in connection with a terrorist investigation, according to the Department of Justice. Federal authorities in Colorado arrested Najibullah Zazi, 24, and his father, Mohammed Wali Zazi, 53, the Justice Department said in an e-mailed statement. The third man, Ahmad Wais Afzali, 37, was apprehended in New York. “The arrests are part of an ongoing and fast-paced investigation,” David Kris , assistant attorney general for national security, said in the statement. “It is important to note that we have no specific information regarding the timing, location or target of any planned attack.” All three men are scheduled to appear in court tomorrow and each faces as many as eight years in prison if convicted, the statement said. The FBI is investigating other individuals in the U.S., Pakistan and elsewhere relating to a plot “to detonate improvised explosive devices” in the U.S., the Justice Department said. The younger Zazi was found to have a cell phone video of Grand Central Terminal in New York City, according to the New York Daily News, citing unidentified sources. The city subway system and regional commuter trains go through the terminal, which is in midtown Manhattan at Park Avenue and East 42nd Street. Najibullah Zazi and his father are both residents of Aurora, Colorado, while Afzali resides in Flushing, New York, according to government documents. To contact the reporter on this story: Timothy R. Homan in Washington at thoman1@bloomberg.net

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Three British Soldiers Die in Afghan Attack; 18 From NATO Dead This Month

August 7, 2009

By Gregory Viscusi Aug. 7 (Bloomberg) — Three British soldiers serving with NATO were killed in Afghanistan when their patrol was targeted by a roadside bomb and small-arms fire, bringing the alliance’s death toll so far this month to 18. The service members died yesterday in the south of the country, the North Atlantic Treaty Organization said in a statement today. A spokeswoman at the U.K.’s Ministry of Defence said they were British. The alliance previously announced the killing of four U.S. service members yesterday in a roadside bombing in western Afghanistan. In July, 75 foreign troops died in Afghanistan, the deadliest month since they arrived in 2001. The violence is expected to continue as militants seek to disrupt the country’s Aug. 20 election. U.S. and British forces have suffered the heaviest casualties as a result of an offensive in the south of the country, though the Canadian, French, Italian and Australian contingents also have lost soldiers since the start of July. Yesterday’s deaths bring to 195 the number of British soldiers killed in Afghanistan since 2001, according to the Ministry of Defence. U.S. deaths in connection with operations in Afghanistan stood at 763 as of 10 a.m. Washington time yesterday, according to the Defense Department Web site. NATO Secretary General Anders Fogh Rasmussen , who took office this month, said during a visit to Kabul this week that foreign troops will stay in the country “as long as it takes to finish our job.” To contact the reporter on this story: Gregory Viscusi in Paris at gviscusi@bloomberg.net .

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Calpers sues over ratings of securities – NYT

July 14, 2009

July 15 (Reuters) – Calpers, the biggest U.S. public pension fund, has filed a suit in a California state court in connection with $1 billion in losses that it says were caused by inaccurate credit ratings from the three leading ratings agencies, The New York Times reported. The lawsuit, filed late last week in California Superior Court in San Francisco, is focused on a form of debt called structured investment vehicles, highly complex packages of securities made up of a variety of assets, inc Go here to read the rest:  Calpers sues over ratings of securities – NYT Reuters 2009 Institutional Partners News Headlines Feeds Private Equity www.institutionalpartners.com

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CalPERS, CalSTRS Money Managers Used Agents Tied to N.Y. Probe (HispanicBusiness.com)

May 8, 2009

CalPERS and CalSTRS have invested at least $525 million with money managers who paid finder’s fees to two ‘placement agents’ under scrutiny in connection with a New York state pension fund scandal. The rest is here: CalPERS, CalSTRS Money Managers Used Agents Tied to N.Y. Probe (HispanicBusiness.com)

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CalPERS, CalSTRS money managers used agents tied to N.Y. probe (The Sacramento Bee)

May 7, 2009

CalPERS and CalSTRS have invested at least $525 million with money managers who paid finder’s fees to two “placement agents” under scrutiny in connection with a New York state pension fund scandal. Originally posted here:  CalPERS, CalSTRS money managers used agents tied to N.Y. probe (The Sacramento Bee)

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