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Medine Ltd ( 2015 Abridged Report

first_imgMedine Ltd ( listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2015 abridged results.For more information about Medine Ltd ( reports, abridged reports, interim earnings results and earnings presentations, visit the Medine Ltd ( company page on AfricanFinancials.Document: Medine Ltd (  2015 abridged results.Company ProfileMedine Limited is involved in the agriculture, education, property, as well as leisure and hospitality activities. Through these segments, the company plants and mills sugar cane for the production of sugar and sugarcane by-products, generates and sells electricity through bagasse, offers provision landscaping and nursery services, produces vegetables and fruits, operates poultry farming, provides nursery, pre-primary, primary school, secondary school, higher education, and executive training services. Medine Limited also deals in property development activities, rental of office and commercial buildings, and other related land transactions. In addition, the company operates Casela World of Adventures park, Tamarina golf and spa boutique hotel, sports aquatics and recreation centre, a full-fledged sports, health, and leisure complex, Yemen lodge, Yemen Pavilion, as well as offers deer ranching and hunting services. Medine Limited is listed on the Stock Exchange of Mauritius.last_img read more

More cheeky fundraising

Howard Lake | 24 September 1999 | News Tagged with: Celebrity Recruitment / people Volunteering More cheeky fundraising With celebrities taking their clothes off in the name of breast cancer awareness this month, it seems everyone wants to get their kit off to raise funds for charity. In July UK Fundraising reported on members of The Women’s Institute of Skipton who posed naked for a charity Christmas calendar.Now the good men of Yorkshire are revealing all “to show the WI how it’s done.”The Real Yorkshire Millennium Man Calendar is being sold for £5 to raise funds for the Daniel Yorath Appeal for a brain unit in a Leeds hospital. Advertisement About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  33 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis read more

Waitrose Christmas TV advert again focuses on its charitable support

first_img  37 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Advertising christmas corporate Supermarket Waitrose is once again focusing on its charitable giving in its Christmas TV advert.The advert premiered on ITV during the X Factor on Saturday 2 November, and will be aired throughout the Christmas season.It opens with a young boy in Waitrose with his mother, choosing which charity support with a green Community Matters token. His gift helps fund a charity lunch in a church hall. The film shows Waitrose staff (‘partners’) volunteering at the lunch.Rupert Thomas, Marketing Director at Waitrose, explained: “I hope this ad will remind people that putting their green token in the Community Matters box can help their community in simple, heartfelt ways that can make a real difference.”Christmas advert 2012Last year’s Waitrose Christmas advert took a similar charitable theme, with Delia Smith and Heston Blementhal appearing in a demonstrating low-budget advert. The message was that the money the supermarket would have spent on a glitzy Christmas ad was being donated to charity instead.Community MattersSince its launch in 2008, Waitrose’s Community Matters scheme has donated £14 million to local charities chosen by Waitrose customers.In addition to Community Matters, Waitrose announced a new initiative in October to help support elderly, homeless and vulnerable people this Christmas. The retailer will help provide Christmas dinner across the country for people who would otherwise be on their own on Christmas day. Each of the retailer’s 300 shops has an allocation of money and volunteering time to put towards community Christmas dinner events. Advertisement Waitrose Christmas TV advert again focuses on its charitable support AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 4 November 2013 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.last_img read more


first_imgNews News News Help by sharing this information to go further VietnamAsia – Pacific RSF laureates support jailed Vietnamese journalist Pham Doan Trang April 22, 2021 Find out more VietnamAsia – Pacific April 7, 2021 Find out more Receive email alerts The authorities, aware they cannot impose a complete control of the news, are afraid of an increasingly connected population. Cybercafes are full, smartphones very popular. More than 111 cell phones are in service in the country for a population of 86 millions. Netizens help defeat censorshipCitizen journalists have continued to fill the void left by the heavily censored official media. The bauxite mining activities undertaken by China and their disastrous impact on the environment are still such a controversial topic that the Central Highland region has been closed off. The few visitors allowed to enter the site are prohibited to bring camcorders, smartphones or cameras to prevent the circulation of embarrassing images. Despite all this, the website has managed to obtain information and is doing its best to cover the situation on-site.Another popular subject for Vietnamese Internet users is police brutality. One officer was suspended after a video was posted on YouTube showing him using violence against a demonstrator. The authorities initially denied the facts, but the concrete evidence provided by the video clip forced them to take action.The regime has learned how to tolerate, and even exploit, online mobilization campaigns as long as they serve its interests. For several weeks following June 2011, calls for protests against the Chinese presence in southern Vietnam (disputed territories of the Paracels and Spratly islands) were circulated on Facebook, leading to public rallies – several hundred in Hanoi, and several thousand in Saigon. Although initially tolerated, these protest movements against “China’s violation of Vietnam’s maritime sovereignty” were first confined, then repressed.Although filtering remains severe (see the Vietnam chapter of the 2011 “Enemies of the Internet” report), it has not been drastically intensified. The number of cyberattacks against sensitive websites seems to be holding steady. The government is more interested in monitoring than in blocking websites. Facebook is still occasionally inaccessible, but has not been permanently blocked from its two million users in Vietnam. This is another way for the authorities to monitor Vietnamese netizens’ activities and networks. In order to meet the threat that the Web’s collaborative nature poses for Vietnamese censorship, the regime decided to regain control of social networks by launching its own national version of Facebook in May 2010. To open an account, the site requires users to identify themselves by their real names, as well as by their ID card number. According to The Wall Street Journal, Minister of Information and Communications Le Doan Hop is using his blog to encourage Vietnamese teenagers to visit the site to find out about its “culture, values and benefits.” The objective is to attract over 40 million members (almost half of the population) by 2015. To accomplish this, the network is mainly relying on making available video games popular with Internet users. By mid-2011, the site had about three million registered usersWaves of arrestsAnother component of Vietnam’s strategy to control the Internet consists of the arrest of bloggers, netizens and journalists. One revealing sign of the authorities’ intransigence is that out of the more than 10,000 prisoners amnestied by the government to mark the 66th anniversary of Vietnam’s independence celebrated on September 2, 2011, there was just a handful of political prisoners. Blogger Nguyen Van Tinh and poet Tran Duc Thach, sentenced in 2009 to three and one-half and three years in prison, respectively, for “propaganda against the socialist state of Vietnam,” were released, but this rare piece of good news conceals a sad reality: netizen arrests have soared in the last few months in the world’s second biggest prison for netizens after China. Several bloggers and activists linked with the Vietnamese Catholic networks were caught in a wide-scale operation carried out by the authorities between late July and mid-August 2011. Blogger Paulus Lê Son was arrested on August 3, 2011 in Hanoi as part of a genuine “police-engineered kidnapping.” All indications are that his arrest was linked to his attempt to cover the trial of the well-known cyberdissident Cu Huy Ha Vu. The Catholic priest Nguyen Van Ly was returned to jail despite his age and poor health. Blogger Lu Van Bay received a four-year prison sentence in September 2011. The announcement that lawyer Le Cong Dinh may be deported to the United States has not been acted upon to date. Franco-Vietnamese blogger Pham Minh Hoang was released from prison after serving his 17-month sentence, but remains under a three-year house arrest.Relatives of blogger Dieu Cay have had no news of him for months, leading to widespread alarmist rumors. Whether or not they are well-founded, concerns about his fate and health remain justified as long as the authorities refuse to grant his family visiting rights.The government’s priority is to remain in power, even at the cost of tarnishing the country’s image. International influence is dwindling except for that of an increasingly restrictive China, whose relations with Vietnam are highly complex. The U.S. Congress could play a key role in protecting Vietnamese freedoms. In early 2012, members of Congress are scheduled to examine a bill that could tie the non-“humanitarian” part of its financial aid and military cooperation between the two countries to expected improvements in the status of human rights in Vietnam, particularly freedoms of expression and religion. The U.S. Agency for International Development (USAID) granted USD 134 million to Vietnam in 2010. Three more independent reporters arrested in Vietnam Organisation RSF_en April 27, 2021 Find out more The regime’s attention is focused on the Arab world and its protest movements. Paranoid Vietnamese authorities have stepped up repression and control to stave off any possibility of a regime collapse, favoring surveillance over increased filtering. Bloggers have been the target off a new wave of arrests. Follow the news on Vietnam Vietnam sentences journalist Tran Thi Tuyet Dieu to eight years in prison News March 12, 2012 – Updated on January 20, 2016 Vietnamlast_img read more

Newspaper publisher held for past two months over article

first_imgNews News Congolese reporter wounded by gunshot while covering protest in Goma to go further RSF_en February 18, 2021 Find out more Organisation February 24, 2021 Find out more The court has not even begun to consider the criminal defamation case against himReporters Without Borders is appalled that newspaper publisher Mike Mukebayi has been held without any justification for the past two months because of a libel suit. The length of his pre-trial detention is out of all proportion, especially as judicial examination of the case has not yet begun.The publisher of Congo News, Mukebayi was arrested exactly two months ago, on 21 August, on a charge of “detrimental allegations” in connection with an 18 July article about Cardinal Laurent Monsengwo that was headlined: “Monsengwo: shame and dishonour of a cardinal who sold out to the government.”An arrest warrant was also issued for the newspaper’s managing editor, John Tshingombe Lukusa, whose present location is unknown.“Regardless of the substance of the case and the grounds for a libel suit, detaining a newspaper publisher for two months over a single article is completely unacceptable,” said Cléa Kahn-Sriber, the head of the Reporters Without Borders Africa desk.“Such a measure is manifestly unwarranted. Defamatory comments in an article do not turn a journalist into a danger for society. We call on the authorities to release Mukebayi and to try his case in a manner that respects both his rights and freedom of information.”Held in Kinshasa’s Makala prison, Mukebayi has appeared twice in court since his arrest but the substance of the case has yet to be considered, with the court just extending his pre-trial detention and ignoring his lawyer’s requests for conditional release. The legal detention limit has repeatedly been extended.The most recent hearing, scheduled for 16 October, was cancelled because the judge did not turn up.The case is all the more absurd because no complaint was filed by any the persons who might have felt they had been libelled by the article. The only item in the prosecution case file is a complaint by a certain “Vianney” who no one has met or heard of.“Detrimental allegations” is a criminal offence in Democratic Republic of Congo. Under article 28 of Law 96-002 of June 1996, the publisher, editor and author of a defamatory article are all held responsible.If Mukebayi is found guilty of “detrimental allegations” as defined in article 81 of the criminal code, he will face a possible one-year jail sentence and a fine.Democratic Republic of Congo is ranked 151st out of 180 countries in the 2014 Reporters Without Borders press freedom index. Follow the news on Democratic Republic of Congo Help by sharing this information News Journalist arrested on provincial governor’s orders Reporter jailed in DRC for allegedly defaming parliamentarian (photo: Mike Mukebayi) Receive email alerts Democratic Republic of CongoAfrica News October 21, 2014 – Updated on January 20, 2016 Newspaper publisher held for past two months over article Democratic Republic of CongoAfrica February 16, 2021 Find out morelast_img read more

Time is pressing, 20 years after Burkinabe journalist’s murder

first_imgFrançois Compaoré fled Burkina Faso after his brother was ousted in an uprising in October 2014. Since May 2017, he has been the subject of an international arrest warrant issued by the Burkinabe authorities on suspicion of “inciting murders.” He was detained on landing in France on 29 October 2017 and was placed under French judicial control. “The authorization of François Compaoré’s extradition back to Burkina Faso is a major step in the long judicial battle that must conclude with the leading suspects finally being tried for Norbert Zongo’s murder,” said Arnaud Froger, the head of RSF’s Africa desk. RSF_en News “But 20 years after the murder, there are still many obstacles and some of the suspects have already died. We urge the French and Burkinabe authorities to prioritize the resolution of this case so that Norbert Zongo, who inspired so many others to become investigative reporters, should not continue to be the symbol of impunity for crimes of violence against journalists.” Reporters Without Borders (RSF) hails the progress in the investigation into the murder of Norbert Zongo, a leading Burkinabe journalist whose body was found 20 years ago tomorrow, but calls on the authorities in France and Burkina Faso to accelerate the judicial proceedings so that those responsible can be finally brought to trial. A major step forward was taken on 5 December when an appeal court in Paris ruled in favour of extraditing François Compaoré – deposed Burkinabe President Blaise Compaoré’s brother – back to Burkina Faso to face trial there as the main instigator of Zongo’s murder. Two Spanish journalists killed in eastern Burkina Faso Burkina Faso is ranked 41st out of 180 countries in RSF’s 2018 World Press Freedom Index. Burkina FasoAfrica Protecting journalists ImpunityViolence June 7, 2021 Find out more December 12, 2018 Time is pressing, 20 years after Burkinabe journalist’s murder Still under judicial control News Without the extradition of the leading suspect – dubbed “the little president” in Burkina Faso because of the influence he wielded during his brother’s 27 years as president – it is hard to imagine any trial getting under way. An investigative reporter and editor of the weekly L’Indépendant, Zongo had – just prior to his death – been investigating the suspicious death in detention of François Compaoré’s driver. The burned and bullet-riddled bodies of Zongo and three companions were found in a car on the side of a road on 13 December 1998. But an extradition will take time. His lawyers have already decided to appeal to the court of cassation. After the appeal’s rejection by the court of cassation, the French government would have to issue an order for his extradition, following which his lawyers could make a final appeal to the Council of State. News Help by sharing this information French reporter says he has been kidnapped in northeastern Mali But time is pressing.  Three of the six main suspected perpetrators – all soldiers who were presidential bodyguards – have already died. The other three were charged in 2015 and are detained in the Burkinabe capital, Ouagadougou, pending trial. to go further April 27, 2021 Find out more Follow the news on Burkina Faso Receive email alerts After the 5 December hearing, François Compaoré’s lawyers issued a statement claiming that the judicial control had been “lifted” and that there were now “no restrictions on his movements,” implying that he could leave France at any time. RSF is in a position to deny this. The 5 December ruling confirms that François Compaoré is still subject to French judicial control. Time is pressing, 20 years after Burkinabe journalist’s murder News Organisation May 5, 2021 Find out more Burkina FasoAfrica Protecting journalists ImpunityViolence last_img read more

Radio broadcast pulled because of blackmail by president of provincial parliament

first_img Journalists face archaic sanction of capital punishment in some parts of the world October 11, 2006 – Updated on January 20, 2016 Radio broadcast pulled because of blackmail by president of provincial parliament News to go further News News November 19, 2020 Find out more December 4, 2019 Find out more RSF_en Reporters Without Borders voiced alarm at the banning of a political broadcast after the president of the Chamber of Deputies for the province of Buenos Aires Ismael Passaglia threatened to withdraw public advertising from the station.The programme in question, “Recorriendo el Espinel” is broadcast by LT24 radio in San Nicolás and presented by journalist Verónica Lassalle. It is the fifth time that the radio has pulled a broadcast under political pressure since the beginning of the year.“The withdrawal of the broadcast presented by Verónica Lassalle on 4 October 2006 constitutes a serious violation of press freedom, all the more worrying because it is not the first of its kind. The explosion of censorship of broadcasts under pressure from locally elected officials, who have neither the competence nor the authority to intervene on an editorial decision, is effectively an attempt to subjugate the broadcast media,” the worldwide press freedom organisation said.“We urge the federal authorities to intervene to ensure the respect of constitutional rights and freedom of expression and information, and the courts to repair the damage caused to the station,” the organisation added.Presenter Verónica Lassalle was told by the head of LT24, Aldo Ramini on 4 October that her programme “Recorriendo el Espinel” was going to be pulled from the programming. The station head gave her to understand that the tone of her programme was “antagonistic” and that keeping it would lose the radio 3,600 euros worth of official advertising. The president of the Chamber has been blackmailing the station for the past three months by threatening to withdraw this amount unless Verónica Lassalle shut up. “For a year, Passaglia has been making our work difficult and has been withholding information to our disadvantage. He harasses us because we criticise his government’s management, which we all do in the same way,” the journalist told Reporters Without Borders. She said she regretted that she had not been able to go on air to explain to listeners why the broadcast was pulled. She thanked them on her blog, El Informante. She said she had received other job offers but had not received any expression of solidarity from a single politician. Organisation center_img Follow the news on Argentina On eve of the G20 Riyadh summit, RSF calls for public support to secure the release of jailed journalists in Saudi Arabia ArgentinaAmericas Latin American media: under control of families, economic and political elites Receive email alerts Help by sharing this information News ArgentinaAmericas July 6, 2020 Find out morelast_img read more

Local High School Student Makes a Difference

first_img Name (required)  Mail (required) (not be published)  Website  7 recommendedShareShareTweetSharePin it Your email address will not be published. Required fields are marked * First Heatwave Expected Next Week Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News Business News faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,PCC – EducationVirtual Schools PasadenaDarrell Done EducationHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy While most kids in high school spend spare time with their friends or enjoying the summer, one exemplary Pasadena teen has spent hers on helping others in the community and is now being recognized for her efforts.Seventeen-year-old Emilia Peters is the co-founder of KEM Creative Studios, an organization which brings art to homeless shelters and underserved communities. She was recently announced as a recipient of the 2018 Diller Teen Tikkun Olam Awards. The $36,000 award recognizes teens for their commitment to social good and volunteer service. The Diller Teen Tikkun Olam Awards have gifted more than $4 million to 114 Jewish teens who are tackling global issues and creating lasting change.Peters spoke with Pasadena Now about the success of KEM Creative and what’s in store for the organization as the incoming senior at Sequoyah High School faces college.How did you find out you won the award?I received a phone call while I was at school. It was so exciting. I can’t even describe it. It was the best thing that ever happened to me. I was speechless, I couldn’t believe it.Did you have any idea it was coming?I’d had received a few letters of support in the mail. I received one when I was selected as a semi-finalist, and another when I was selected as a finalist.So what will you do with it (the award money)?I was given $36,000 to put toward college or to put toward the service project. I’m going to putting some of it toward KEM and some it toward my college education.Give me a little bit of idea of what you do with KEM and how you expose the kids to art.We go to homeless shelters, and we teach lessons—each of them incorporates three things. They incorporate some opportunity for self-reflection or self-expression; we also try to incorporate an art technique, and we try to expose students to new art methods, like acrylics, pastels or charcoal. In all our lessons we try to expose them to new materials they might not see.We have two different ways that we bring KEM into shelters. We do weekend classes, which we started four years ago, and we now do summer camp as well. Last summer we did a five hour a day, two-week summer camp. This year, we’re bringing in Art Ambassadors, who are friends who come in and volunteer with the lessons independently.How did KEM start?As a bat mitzvah project. My partner Kyra Kraft and I were both looking to do a project that revolved around art, and her parents and my parents were business partners. That’s how we met. We never thought it would go on this long. We initially wanted to do a few lessons at a shelter, and we just fell in love with the experience.And where have you taken KEM? Into what communities?We started at two LA Family Housing facilities, one in North Hollywood and one in Boyle Heights, and at Alexandria House, which is a shelter for women and children in Koreatown.Last summer, we applied for AFF, an organization that sends people abroad. They award full scholarships to travel abroad and implement service projects. They select one winner and runners-up who get to go and help the winner implement the project. Kyra and I we were runners-up. We got to teach some of our lessons in Guatemala in Spanish in a public school. It was incredible.Are there Sequoyah projects that are similar to yours?Sequoyah has a Social Innovation Program, which allows us to address an issue community and come up with a solution. You have to research and talk with stakeholders and implement it. My work in shelters really inspired my project with that program.How so?I focused on a lack of healthy food options and underserved LA communities, and I was inspired by the observations I made while I was teaching (art) lessons in communities. I saw that the surrounding neighborhoods didn’t have very many supermarkets. I often saw people eating processed food, which is more affordable in some communities who didn’t have access to many other options. My work in the shelters really inspired my work at Sequoyah.Where do you see KEM going? What is your vision for its future?Kyra and I know it’s going to be difficult to straddle KEM and program in and college, so we’ve been focusing on the Art Ambassador program. We have over 40 volunteers who come and help us and about 14 of those are Art Ambassadors. We’re now starting to have the Art Ambassadors teach independently, which is great because we’ll be able to broaden our reach in so many different ways and teach at more shelters.Can anybody be an Art Ambassador or other kind of volunteer?Yes! We’re hoping that people who enjoy taking on leadership responsibility and want to make a difference will do so.You do not need to be an artist to volunteer with KEM Creative Studios—you just need a desire to help. If you’re interested, contact Emilia Peters at [email protected] Make a commentcenter_img More Cool Stuff Community News Herbeauty6 Trends To Look Like A Bombshell And 6 To Forget AboutHerbeautyHerbeautyHerbeauty10 Reasons Why Selena Gomez Has Billions Of FansHerbeautyHerbeautyHerbeautyRub This All Over Your Body And He’s Guaranteed To Swoon Over YouHerbeautyHerbeautyHerbeautyFollow This Summer Most Popular Celeb Beauty TrendHerbeautyHerbeautyHerbeauty10 Questions To Start Conversation Way Better Than ‘How U Doing?’HerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeauty Top of the News Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Subscribe Education Local High School Student Makes a Difference By MICHELLE NATI | Photography courtesy KEM Creative Studios Published on Thursday, July 19, 2018 | 7:35 pm EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Fannie and Freddie Announce Holiday Eviction Moratoriums

first_img The Best Markets For Residential Property Investors 2 days ago Home / Featured / Fannie and Freddie Announce Holiday Eviction Moratoriums Servicers Navigate the Post-Pandemic World 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Both Fannie Mae and Freddie Mac today announced eviction moratoriums for the holidays, designed to help buy struggling homeowners time to explore their options.Fannie Mae will suspend evictions of foreclosed single-family properties during the holiday season from December 18, 2017, through January 2, 2018. This suspension applies to single-family and 2-4 unit properties. The moratorium doesn’t stop legal and administrative proceedings for evictions, but families will be allowed to stay in their homes during the process.”We’re taking steps to support families and to extend the timeline of help for struggling borrowers during the holidays,” said Jacob Williamson, VP of Single-Family Distressed Assets at Fannie Mae. “We also encourage homeowners who may be struggling with their mortgage to reach out to Fannie Mae or their servicer to get help. Options are available to avoid foreclosure, and we want to help pursue those options whenever possible.”Homeowners can visit for resources on how to prevent foreclosure, including how to find out if Fannie Mae owns their loan. Homeowners also can contact Fannie Mae at 1-800-232-6643 for more information.On the Freddie Mac side of things, Freddie announced a nationwide suspension of eviction lock-outs during that same window of December 18, 2017, through January 2, 2018. The moratorium applies to all foreclosed, occupied homes owned by Freddie Mac.Yvette Gilmore, Freddie Mac’s VP of Single-Family Servicer Performance Management, said in a statement, “As we have done in past years, we are suspending evictions over the holidays. For borrowers who may be experiencing financial challenges we strongly urge them to contact their mortgage servicer to explore one of the Freddie Mac workout options.”Freddie also confirmed that it has “suspended all foreclosure sales in eligible disaster areas impacted by Hurricanes Harvey, Irma and Maria.” Subscribe Related Articles The Best Markets For Residential Property Investors 2 days ago Tagged with: eviction moratorium Evictions Fannie Mae Freddie Mac Previous: First American to Acquire Bank of America’s Lien Release Business Next: What’s on the Horizon for Housing Affordability? About Author: David Wharton David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days agocenter_img in Featured, Foreclosure, Journal, News Fannie and Freddie Announce Holiday Eviction Moratoriums Governmental Measures Target Expanded Access to Affordable Housing 2 days ago eviction moratorium Evictions Fannie Mae Freddie Mac 2017-12-11 David Wharton Data Provider Black Knight to Acquire Top of Mind 2 days ago Is Rise in Forbearance Volume Cause for Concern? 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily  Print This Post December 11, 2017 2,303 Views last_img read more

Franklin Templeton: Karnataka HC To Pronounce Judgment Tomorrow On Pleas Challenging Winding Up Of Debt Funds

first_imgNews UpdatesFranklin Templeton: Karnataka HC To Pronounce Judgment Tomorrow On Pleas Challenging Winding Up Of Debt Funds Mustafa Plumber23 Oct 2020 4:45 AMShare This – xA division bench of Chief Justice Abhay Oka and Justice Ashok S Kinagi is likely to pronouce tommorow (October 24) its order on a batch of petitions challenging winding up of six debt schemes of Franklin Templeton. The bench had begun hearing the matter on a daily basis from August 12, through video-conferencing. The judgement was reserved on September 24, after hearing submissions…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginA division bench of Chief Justice Abhay Oka and Justice Ashok S Kinagi is likely to pronouce tommorow (October 24) its order on a batch of petitions challenging winding up of six debt schemes of Franklin Templeton. The bench had begun hearing the matter on a daily basis from August 12, through video-conferencing. The judgement was reserved on September 24, after hearing submissions made by all the parties.  The petitions were transferred to Karnataka bench after the Supreme Court on June 19, issued an order directing transfer of all the petitions filed in different high courts to the Karnataka High Court, for fresh hearing and disposal. The apex court has fixed a deadline of three months for the high court to decide on the petitions. The Gujarat High Court had put on hold Franklin Templeton MF’s e-voting process for winding up of the six mutual fund schemes. Franklin Templeton had filed a petition in Supreme Court challenging the stay granted by Gujarat high court on the e-voting process. Continuing the interim order of the Gujarat high court the Apex court transferred the matters to the Karnataka High Court. In April, Franklin Templeton had announced its decision to wind up six debt funds citing low liquidity. Nearly three lakh investors are estimated to be affected by this decision. Next Storylast_img read more