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Debt Settlement Amounts

Settlement for Black Farmers and Native Americans Native Americans and Black farmers can only hope that the legislation passed last week by the Senate isn't like the treaties and promises of the past and will be honored and fulfilled. The settlement calls for the government to pay Black farmers $1.2 billion in discrimination claims made against the Department of Agriculture. The Native Americans ... read more>>   Senate Plans Vote on Asbestos Settlement Fund Senate majority leader Bill Frist (R., TN) has introduced a revised version of a bill that would establish a $124-billion fund to settle all personal injury cases involving asbestos. Defendant firms in asbestos cases and their insurers would roughly split the tab, providing a minimum of $5 billion/year over 23 years. Frist says he will try to move ... read more>> Nordic Oil and Gas Announces Shares for Debt Settlements Donald Benson, Chairman and CEO of Nordic Oil and Gas Ltd. (the "Company" or "Nordic"), (TSXV: NOG) announces that Nordic has entered into debt settlement agreements with 10 un-related parties for trade services, whereby aggregate debt of $199,120.49 will be settled through the issuance of 1,137,832 Class A Common Shares of the Company at a deemed ... read more>>   Marsh, Aon Settle Nomcompete Dispute A settlement has been reached in the case of a former Marsh Ltd. energy market broker who admitted throwing his laptop into a pond to destroy evidence that he had started working for a rival brokerage during a noncompete time period in his contract. Units of Marsh & McLennan Cos. Inc. and Aon Corp. recently settled the case of Marsh Services Ltd. ... read more>> Markit Steps Up War on Settlement Times Financial information provider Markit has rebranded its loan settlement business, combining the technology and services of two companies it recently acquired-ACBS ClearPar and Storm Networks. Markit says the new settlement platform, dubbed Markit Clear, will help reduce settlement times; reduce processing inefficiencies, such as the need for antiqu ... read more>>   Little Fee Movement With Respa Change Settlement service fees for mortgage originations have not budged much since the new Real Estate Settlement Procedures Act policies took effect at the beginning of the year, a survey concluded. Ernst Publishing Co. of Half Moon Bay, Calif., surveyed 226 lenders from Oct. 11-16 to gauge price ranges in county recording fees and vendor-controlled an ... read more>> Is The Settlement-Freeze Deal Dead IS THE SETTLEMENT-FREEZE DEAL DEAD? Israel's provocative foreign minister, Avigdor Lieberman, likes assuring people that his public remarks are no different from the things other Israeli leaders say privately. Was that the case last week? In interviews, including one with NEWSWEEK, Lieberman said efforts to reach an agreement with Washington to e ... read more>>   Good Settlement, Bad Teamwork Rooting out corruption, protecting fund investors, and restoring confidence in the markets: Those are the goals of everyone involved in cleaning up the megamillion-dollar mutual-fund scandal. So the way to judge the latest sparring between New York Attorney General Eliot Spitzer and the Securities & Exchange Commission is to ask: Whose approach wil ... read more>> Divorce Settlement Issues How can you assist your client and the client's attorney in realizing a fair and equitable divorce settlement? Here are several critical tax and financial planning issues: • Consider the benefits of a qualified domestic relations order (QDRO). If your client must distribute all or a portion of his or her retirement account to a former spouse, pay ... read more>>   Colorado Gets 776000 Dollars From Novartis Settlement Colorado has received $776,510 under a two-part deal with Novartis Pharmaceutical Corp. to settle allegations of off-label marketing. Under the first settlement, Colorado will receive $580,800 as its share of a $422.5 million settlement between Novartis, the federal government and the states. This settlement resolves allegations that the company e ... read more>>