The conundrum of Atlanta Hawks ownership

The former owners of the NBA franchise, The Atlanta Hawks Basketball and Entertainment LLC, has gone to court against New Hampshire Insurance Company for alleged breach of contract regarding the settlement of claims brought forward by their former general manager Danny Ferry.

Controlling partner Bruce Levenson was included in the former Hawks ownership group (AHBE). The filed lawsuit does not involve the present Hawks ownership group. Its current principal owner is Tony Ressler. The lawsuit was filed on thirteenth September at the Superior Court of Fulton County. They described it as an insurance bad faith and a civil action for breach of contract.

The Ferry and Hawks ownership decided to terminate the six-year relationship in June last year. This involved an undisclosed buyout agreement. The franchise was then sold to the Ressler-led group two days later.

The current Hawks ownership said that they were aware of the complaint but the two parties involved no longer have any influence on Atlanta Hawks organization and no further comments will be made regarding the issue.

Courts documents term the claim amount as confidential and the limits of the liability are sufficient to play AHBE’ claim. The lawsuit illustrates that AIG has declined to acknowledge that the suit was made hence declining that the policy was triggered. The claim is also seeking an additional fifty percent penalty of the attorney’s fees and costs and unpaid loss.

Bruce Levenson is a renown American businessman, philanthropist Forbes billionaire hand the former owner of Atlanta Hawks. Bruce was born from a humble Jewish family in Washington, D.C. His family then shifted to Chevy Chase, Maryland.

http://www.ucg.com/AboutUs/Ownership.aspx

He was a bright kid and attended Washington University in St. Louis. He then graduated from American University with a law degree. In 2004, he was the Hawks governor at the NBA board of governors. Read more about Mr. Levenson on time.com.

 

Bank Raises Capital Through Placement of Senior Notes

NexBank Capital, a financial services company based in Dallas, is increasing the amount of its issued senior unsecured notes by $25 million. The total issue now has increased to $75 million. Most of these raised funds will be given to its banking subsidiary for the purpose of increasing growth.

The notes will mature in 2026 and are non-callable until 2021. This private placement has fixed interest rate of 5.5% for the first five years, and then a variable rate based on 435.5 basis points spread over 3-month LIBOR.

The issue is currently rated BBB by Kroll Bond Rating Agency, an upgrade from previous BBB-. “The additional participation in the senior notes offering and recent Kroll rating upgrades reflect the financial community’s support of NexBank’s strength and continued growth,” stated John Holt, President and CEO of NexBank Capital.

These senior unsecured notes, however, are not available to the United States-based residents as the company hasn’t registered them under the Securities Act. In the past six months, NextBank Capital has raised $100 million through a mix of debt and equity offering.

NexBank focuses on three core areas: Commercial Banking, Investment Banking, and Mortgage Banking. Commercial Banking division provides loans, correspondent banking, agency services, credit services, and treasury management to its institutional clients.

Investment Banking division provides advisory on mergers and acquisitions, recapitalization and restructuring, and corporate finance among others. Meanwhile, Mortgage Banking division offers wholesale lending.

Read more:

https://www.linkedin.com/company/nexbank

http://www.prnewswire.com/news-releases/nexbank-increases-senior-unsecured-notes-offering-to-75-million-300325645.html

The Brown Agency is a major asset to talent and clients alike.

The Brown Agency is one of the newest and most powerful talent agencies in the Austin area. The agency focuses on recruiting top quality talent and they have built a major reputation very quickly. The Brown Agency is now considered the leading commercial talent agency in the central Texas area. They give their clients a huge range of talent options, while also giving top talent the exposure they need. They work with major brands throughout the world, including Louis Vuitton, Dell, and Toyota.

The Brown Agency launched in 2015, but started as two separate companies, Wilhelmina Austin and Heyman Talent-South. Wilhemina Austin was launched by Justin Brown in 2010. Over the four years the company was in business Wilhelmina Austin quickly emerged as one of the top agencies in central Texas for modeling talent. Their talent trusted them to find the best possible jobs, and the company always delivered.

Heyman Talent-South was an equally valuable talent firm. They specialized in locating top-quality acting talent. When the two companies merged they were able to give their clients a diverse array of opportunities. Companies looking for top talent had access to a greater portfolio and talent had access to bigger and better opportunities.

The Brown Agency is currently headquartered in Austin, Texas. To give their talent the best possible exposure the company also maintains offices in Los Angeles and in Dallas, Texas. Their three offices allow the company to stay in contact with every company.

The Brown Agency was able to keep the best leadership talent from both companies. Justin Brown has stayed on as CEO and president. He is doing a fantastic job in that role and hopes to lead the firm for years to come. The former leader of Heyman Talent-South, Michaeal B. Bonnée has agreed to stay on as an advisor. He will lend his expertise when it comes to the theatrical division.

Justin Brown was a major fan of the merger from the very start. He knew that merging the two firms together would allow the final product to be a full-service agency. He is fully committed to serving clients in the best way possible and he knows that both talent and companies benefit from this move. He hopes the Brown Agency continues to grow. The new agency takes great pride in their ability to choose the best talent and to find the best possible opportunities. The Brown Agency hopes to keep providing top-quality talent for years to come, and at a larger scale.

Talent identification is a critical skill, and the Brown Agency is one of the best in Austin, Texas. As Austin continues to boom, the Brown Agency should grow along with it. Hopefully, they grow for years to come.

View Brown Agency’s commercial women:

http://www.brownagency.co/austin/models/commercial-talent/women

Makari De Suisse Stands Tall as Leader in Safe Skin Whitening Products

We all expect safe and high quality standards when it comes to our skin care formulas, but that’s not always what we find.

Potentially harmful bleaching chemicals like hydroquinone remain on the market in numerous over-the-counter and prescription skin care products. These major beauty companies are aware of the dangers of using hydroquinone, and yet, they turn their backs on the consumer.

Makari De Suisse is a brand that stands proudly behind its name, because they will never include a dangerous chemical in their luxurious formulas. Their wonderful skin care line-up offers women and men with dark or ethnic complexions a safe, affordable and natural way to whiten and brighten their skin.

If you’re looking for a lighter and evenly balanced skin tone, then make it Makari. The brand has worked hard to build a global following with a respected variety of products. Makari believes in using pure substances found in nature that halt pigment formation, remove dark spots, freckles, acne scars and any other issue that mars your beautiful identity.

Makari formulations are botanically-based and include rich caviar extracts with a magic ingredient called Organiclarine. The company has patented the non-medicated natural substance which beautifully lightens the complexion within a few weeks and without irritation to even the most sensitive skin.

We all desire flawless, soft, clear skin that looks youthful with a perfect lighter skin tone. That could all be yours when you choose from Makari’s extensive line-up. Making a small investment in a stunning complexion is a smart idea, because Makari uses advanced science and formulas. The Makari line is now available in local beauty stores and around the world at private locations in Paris, New York City and Brussels.

The Makari Discoloration Kit is an amazing trio that features skin whitening at its finest, showing results in about two short weeks. The kit includes the Body Beautifying Milk, Clarifying Exfoliating Antiseptic Soap and Skin Repairing and Clarifying Serum. Discoloration, dullness and brown spots begin to all fade away, creating more evenly toned skin.

Follow Makari on Instagram to learn more about skin lightening creams:

https://www.instagram.com/MakariDeSuisseOfficial/

OFS Director Denies Claims that George Soros is Funding #BlackLivesMatter

Sometime last year, a rumor did rounds in right wing blogs, social media and other internet sites that liberal billionaire George Soros’s Open Society Foundations was bankrolling Black Lives Matter protests. According to a Daily Beast article published in August 2015, conspiracy theories pointed that George Soros is bankrolling the movement to the tune of $33 million. The accusations came in fast and furious. The American Thinker’s Thomas Lifson was quoted saying that Soros funded #blacklivesmatter had become a big headache for the Democrats, while Fox News ratings powerhouse The O’Reilly Factor accused George Soros for graciously funding groups affiliated with Black Lives Matter.

The other persons accused by O’Reilly for funding the movement include Jay-Z and Beyonce. Speaking during the appointed interview in July 2015 with O’Reilly, an investigative journalist with The Washington Times, Kelly Riddell castigated the movement, saying that it was started by 3 women that work at George Soros backed organization in a previous article. Riddell sensationally added that OFS was one of the groups funded by The Open Society Foundation. The director in charge of US programs at Open Society Foundations, Mr. Ken Zimmerman debunked what he called the “rumor stew” in an interview with The Daily Beast.

Read more:
nybooks.com

opensocietyfoundations.org

He said that Soros did not at any time give money to Opal Tometi, Alicia Garza and Patrisse Cullors, the activist accused of rallying people on Twitter following the death of unarmed black teen Trayvon Martin. Zimmerman added that his organization doesn’t fund protest per-se, instead it champions for various societal causes through well-appointed voices and channels. Daily Beast on its part expressed in the previous week that Black Lives Matter is an umbrella term that describes a decentralized network of people-meet-ups, Facebook protest, blogs and movies. This fact renders the $33 million dollars funding claim redundant.

About The Open Society Foundations
Since its establishment in 1979 by George Soros, The Open Society Foundations (OFS) has been at the forefront of campaigning for justice and democratic ideals. According to Opensocietyfoundations.org, the organization constitutes a network of foundations, partners and projects operating in over 100 countries. Soros began his philanthropic work when he began giving scholarship to black South Africans suffering under the repressive apartheid regime in the late 70’s. In the 80’s, Soros played a critical role in undermining Communism in the Eastern bloc. OFS at http://foreignpolicy.com/author/george-soros/ continues to support lawyers and paralegals representing individuals held unlawfully without legal representation around the world.