Vernon Hill sues Republic First after ouster as chairman
Vernon Hill sues Republic First after ouster as chairman
The lawsuit filed by the Philadelphia company's CEO claims an opposing board faction lacks a quorum. Hill seeks to bar the group from reinstalling founder Harry Madonna.
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The lawsuit filed by the Philadelphia company's CEO claims an opposing board faction lacks a quorum. Hill seeks to bar the group from reinstalling founder Harry Madonna.
The lawsuit filed by the Philadelphia company's CEO claims an opposing board faction lacks a quorum. Hill seeks to bar the group from reinstalling founder Harry Madonna.
Caliber claims its rival hired more than 80 of its employees, among them 40 loan producers, beginning in February 2021.
The post Caliber sues CrossCountry after 80 employees left for rival appeared first on HousingWire.
Caliber claims its rival hired more than 80 of its employees, among them 40 loan producers, beginning in February 2021.
The post Caliber sues CrossCountry after 80 employees left for rival appeared first on HousingWire.
Caterpillar Inc. announced that its Board of Directors has waived the policy requiring Caterpillar's Chairman and CEO, Jim Umpleby, to retire at age 65. Umpleby has agreed to remain in his position beyond February 2023, when he turns 65. "Waiving the mandatory retirement policy for Jim provides the Board greater flexibility with its CEO succession process," said Debra Reed-Klages, presiding director, speaking on behalf of Caterpillar's Board of Directors. "Jim has provided strong strategic and o...
Caterpillar Inc. announced that its Board of Directors has waived the policy requiring Caterpillar's Chairman and CEO, Jim Umpleby, to retire at age 65. Umpleby has agreed to remain in his position beyond February 2023, when he turns 65. "Waiving the mandatory retirement policy for Jim provides the Board greater flexibility with its CEO succession process," said Debra Reed-Klages, presiding director, speaking on behalf of Caterpillar's Board of Directors. "Jim has provided strong strategic and o...
Tipton and Coseley Building Society has appointed Jeremy Cross as the new chairman of its board, succeeding Andrew Higgins. Cross joins the board following its 121st annual general meeting on 27 April. Previously, Cross has served as chair of Mansfield Building Society. He has also held senior positions at Lloyds Banking Group. In addition, Cross ...
This story continues at Tipton and Coseley names Jeremy Cross as its new board chairman
Or just read more coverage at Mortgage Finance Gazette
Tipton and Coseley Building Society has appointed Jeremy Cross as the new chairman of its board, succeeding Andrew Higgins. Cross joins the board following its 121st annual general meeting on 27 April. Previously, Cross has served as chair of Mansfield Building Society. He has also held senior positions at Lloyds Banking Group. In addition, Cross ...
This story continues at Tipton and Coseley names Jeremy Cross as its new board chairman
Or just read more coverage at Mortgage Finance Gazette
The City of Rock Hill, S.C., has filed an adversarial lawsuit to recover $20 million plus damages from developers of the now-canceled Carolina Panthers $800-million headquarters and practice facility.The Sept. 7 filing in federal court in Delaware is part of ongoing bankruptcy proceedings for GT Real Estate Holdings, LLC, created by Panthers owner David Tepper to manage the 234-acre mixed-use project in Rock Hill.The city, which had agreed in 2019 to issue $225 million in bonds to f...
The City of Rock Hill, S.C., has filed an adversarial lawsuit to recover $20 million plus damages from developers of the now-canceled Carolina Panthers $800-million headquarters and practice facility.The Sept. 7 filing in federal court in Delaware is part of ongoing bankruptcy proceedings for GT Real Estate Holdings, LLC, created by Panthers owner David Tepper to manage the 234-acre mixed-use project in Rock Hill.The city, which had agreed in 2019 to issue $225 million in bonds to f...
The City of Rock Hill, S.C., has filed an adversarial lawsuit to recover $20 million plus damages from developers of the now-canceled Carolina Panthers $800-million headquarters and practice facility.The Sept. 7 filing in federal court in Delaware is part of ongoing bankruptcy proceedings for GT Real Estate Holdings, LLC, created by Panthers owner David Tepper to manage the 234-acre mixed-use project in Rock Hill.The city, which had agreed in 2019 to issue $225 million in bonds to f...
The City of Rock Hill, S.C., has filed an adversarial lawsuit to recover $20 million plus damages from developers of the now-canceled Carolina Panthers $800-million headquarters and practice facility.The Sept. 7 filing in federal court in Delaware is part of ongoing bankruptcy proceedings for GT Real Estate Holdings, LLC, created by Panthers owner David Tepper to manage the 234-acre mixed-use project in Rock Hill.The city, which had agreed in 2019 to issue $225 million in bonds to f...
Old Republic Title generated $109.5 million in income during Q2, resulting in the firm's fifth-best quarter on record.
The post Spirits remain high as income drops at Old Republic appeared first on HousingWire.
Old Republic Title generated $109.5 million in income during Q2, resulting in the firm's fifth-best quarter on record.
The post Spirits remain high as income drops at Old Republic appeared first on HousingWire.
MW High Tech Projects UK, owned by German engineering contractor M+W Group, alleges the three were in breach of their duties and obligations as directors and is seeking damages. The projects suffering big losses were all gasification facilities designed to process municipal waste, where final EPC contracts were signed off in 2015. The former directors โ Peter Greenhalgh, managing director Spencer Baber and chief financial officer John Taylor โ are all rigorously contesting the claim, which...
MW High Tech Projects UK, owned by German engineering contractor M+W Group, alleges the three were in breach of their duties and obligations as directors and is seeking damages. The projects suffering big losses were all gasification facilities designed to process municipal waste, where final EPC contracts were signed off in 2015. The former directors โ Peter Greenhalgh, managing director Spencer Baber and chief financial officer John Taylor โ are all rigorously contesting the claim, which...
Stewart takes up his post on 1 January, replacing current chairman Gerald Gregory, who leaves the lender after nine years on the board. Stewart is currently the senior independent director at the lender, and has been a non-executive director since 2020. ย
Belfast-based Danske Bank UK is part of Denmarkโs Danske Bank Group, which is one of the largest financial services companies in Scandinavia.ย ย ย
The UK business launched a carbon-neutral mortgage in No...
Stewart takes up his post on 1 January, replacing current chairman Gerald Gregory, who leaves the lender after nine years on the board. Stewart is currently the senior independent director at the lender, and has been a non-executive director since 2020. ย
Belfast-based Danske Bank UK is part of Denmarkโs Danske Bank Group, which is one of the largest financial services companies in Scandinavia.ย ย ย
The UK business launched a carbon-neutral mortgage in No...
First Republic Bank is facing questions about whether deposits, which offer a low-cost way to fund its flagship mortgage business, can keep pace with its torrid loan growth.The San Francisco bank reported $22 billion in loan originations during the second quarter, a 31% increase from the same period a year ago. Single-family mortgages accounted for nearly half of the new loans.Deposits also increased, but at a somewhat slower pace. First Republic reported $165.6 billion in deposits at the end o...
First Republic Bank is facing questions about whether deposits, which offer a low-cost way to fund its flagship mortgage business, can keep pace with its torrid loan growth.The San Francisco bank reported $22 billion in loan originations during the second quarter, a 31% increase from the same period a year ago. Single-family mortgages accounted for nearly half of the new loans.Deposits also increased, but at a somewhat slower pace. First Republic reported $165.6 billion in deposits at the end o...