Notice Writing on Diwali Celebration in Society
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Corporate Decision #98-41 September 1998
Comptroller of the Currency Administrator of National Banks Washington, DC 20219 Corporate Decision #98-41 September 1998 DECISION OF THE OFFICE OF THE COMPTROLLER OF THE CURRENCY ON THE APPLICATION TO MERGE EAGLE VALLEY BANK, DENNISON, MINNESOTA, WITH AND INTO EAGLE VALLEY BANK, NATIONAL ASSOCIATION ST. CROIX FALLS, WISCONSIN August 20, 1998 I. INTRODUCTION On July 10, 1998, Eagle Valley Bank, National Association, St. Croix Falls, Wisconsin ("EVB"), filed an application with the Office of the Comptroller of the Currency ("OCC") for approval to merge Eagle Valley Bank, Dennison, Minnesota ("EVB-MN"), with and into EVB under EVB’s charter and title, under 12 U.S.C. §§ 215a-1, 1828(c) & 1831u(a) (the "Interstate Merger"). EVB has its main office in St. Croix Falls, Wisconsin, and does not operate any branches. EVB-MN has its main office in Dennison, Minnesota, and operates a branch in Stillwater, Minnesota. OCC approval is also requested for the resulting bank to retain EVB’s main office as the main office of the resulting bank under 12 U.S.C. § 1831u(d)(1) and to retain EVB-MN’s main office and branch, as branches after the merger under 12 U.S.C. §§ 36(d) & 1831u(d)(1). Both banks are wholly-owned subsidiaries of Financial Services of St. Croix Falls, Inc. ("Financial"), a multi-state bank holding company headquartered in St. Croix Falls, Wisconsin. In the proposed merger, two of Financial’s existing bank subsidiaries will combine into one bank with branches in two states. No protests or comments have been filed with the OCC in connection with this transaction. -
Order on Criminal Misc
1 A.F.R. Reserved on :- 04.02.2021 WWW.LIVELAW.INDelivered on :- 25.02.2021 Case :- CRIMINAL MISC ANTICIPATORY BAIL APPLICATION U/S 438 CR.P.C. No. - 2640 of 2021 Applicant :- Aparna Purohit Opposite Party :- State of U.P. Counsel for Applicant :- Praveen Kumar Singh,Syed Imran Ibrahim Counsel for Opposite Party :- G.A. Hon'ble Siddharth,J. 1. Heard Sri G.S. Chaturvedi, learned Senior Counsel assisted by Sri Syed Imran Ibrahim, Sri Praveen Kumar Singh, Ms. Monica Datta, Sri Siddharth Chopra, Sri Nitin Sharma and Ms. Saumya Chaturvedi, learned counsels for the applicant and learned A.G.A. for the State. 2. Order on Criminal Misc. Exemption Application In view of the fact that certified copy of the F.I.R has been placed before this Court by means of a supplementary affidavit, the above noted application praying for exempting the filing of certified copy of the F.I.R is rejected. Order on Criminal Misc. Anticipatory Bail Application The instant anticipatory bail application has been filed with a prayer to grant anticipatory bail to the applicant, Aparna Purohit, in Case Crime No. 14 of 2021, under Sections- 153(A)(1)(b), 295-A, 505(1)(b), 505(2) I.P.C., Section 66 and 67 of the Information Technology Act and Section 3(1)(r) of S.C./S.T. Act, Police Station- Rabupura, Greater NOIDA, District- Gautam Buddh Nagar. 3. The allegation in the F.I.R lodged against the applicant and six other co-accused persons is that a web series is being shown on 2 WWW.LIVELAW.IN Amazon Prime Video, which is an online movie OTT platform and on 16.01.2021, the movie part-1, “TANDAV” has been broadcasted. -
CRA Decision #111 April 2002
O Comptroller of the Currency Administrator of National Banks 250 E Street, S.W. Washington, DC 20219 CRA Decision #111 March 1, 2002 April 2002 OCC Control Nr. 2002-ML-02-0001 Ms. Courtney D. Allison Assistant General Counsel Legal Division First Union National Bank 301 South College Street (NC0630) Charlotte, North Carolina 28288-0630 Dear Ms. Allison: This is to inform you that on this date, the Office of the Comptroller of the Currency (OCC) has granted final approval for the application to merge Wachovia Bank, National Association, Winston-Salem, North Carolina (“Wachovia") into and under the charter of First Union National Bank, Charlotte, North Carolina (“First Union”) with the resulting bank titled Wachovia Bank, National Association. This approval was granted based on a thorough review of all information available, including commitments and representations made in the application and those of First Union's representatives. In reaching our decision on this application, the following factors were considered: A. Community Reinvestment Act The Community Reinvestment Act (“CRA”) requires the OCC to take into account the applicants’ record of helping to meet the credit needs of their entire communities, including low- and moderate-income neighborhoods, when evaluating certain applications, including merger transactions subject to the Bank Merger Act and conversions involving insured depository institutions. 12 U.S.C. § 2903; 12 C.F.R. § 25.29(a). A review of the record of this application and other information available to the OCC as a result of its regulatory responsibilities revealed no evidence that the applicants’ records of helping to meet the credit needs of their communities, including low- and moderate-income neighborhoods, is less than satisfactory. -
Merger Negotiations and the Toehold Puzzle Sandra Betton
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Kosmopolis University of Pennsylvania ScholarlyCommons Finance Papers Wharton Faculty Research 2-2009 Merger Negotiations and the Toehold Puzzle Sandra Betton B. Espen Eckbo Karin S. Thorburn Follow this and additional works at: http://repository.upenn.edu/fnce_papers Part of the Finance Commons, and the Finance and Financial Management Commons Recommended Citation Betton, S., Eckbo, B. E., & Thorburn, K. S. (2009). Merger Negotiations and the Toehold Puzzle. Journal of Financial Economics, 91 (2), 158-178. http://dx.doi.org/10.1016/j.jfineco.2008.02.004 Author Karin S.Thorburn is a full time faculty member of Norwegian School of Economics. She is a visiting professor in the Finance Department of the Wharton School at the University of Pennsylvania. This paper is posted at ScholarlyCommons. http://repository.upenn.edu/fnce_papers/202 For more information, please contact [email protected]. Merger Negotiations and the Toehold Puzzle Abstract The ubss tantial control premium typically observed in corporate takeovers makes a compelling case for acquiring target shares (a toehold) in the market prior to launching a bid. Moreover, auction theory suggests that toehold bidding may yield a competitive advantage over rival bidders. Nevertheless, with a sample exceeding 10,000 initial control bids for US public targets, we show that toehold bidding has declined steadily since the early 1980s and is now surprisingly rare. At the same time, the average toehold is large when it occurs (20%), and toeholds are the norm in hostile bids. To explain these puzzling observations, we develop and test a two-stage takeover model where attempted merger negotiations are followed by open auction. -
October 2013, Issue 3
The fall season is here! Welcome to McGraw-Hill’s October 2013 issue of Proceedings, a newsletter designed specifically with you, the Business Law educator, in mind. Volume 5, Issue 3 of Proceedings incorporates “hot topics” in business law, video suggestions, an ethical dilemma, teaching tips, and a “chapter key” cross-referencing the October 2013 newsletter topics with the various McGraw-Hill business law textbooks. You will find a wide range of topics/issues in this publication, including: 1. A proposed merger between American Airways and U S Airways, and the United States Department of Justice’s attempt t o block the merger; 2.Yet another employee firing resulting from controversial activity involving the internet and the use of social media; 3. The recent conviction of a 79-Year-Old Californi a man for decades-old killings; 4. Videos related to a) judicial approval of Kodak’s Chapter 11 bankruptcy reorganization plan and b) conservative group Judicial Watch’s claimed entitlement to photographs of Osama bin Laden’s dead body; 5. An “ethical dilemma” related to the requested re lease of photographs of Osama bin Laden’s dead body; and 6. “Teaching tips” related toArticle 2 (“Daycare Workers Fired after Instagram Photos Mock Kids”) and Video 1 (“Judge Approves Kodak’s Bankruptcy Plan”) of the newsletter. Happy Halloween! Jeffrey D. Penley, J.D. Catawba Valley Community College Hickory, North Carolina Article 1: “U.S., Filing Suit, Moves to Block Airline Merger” http://dealbook.nytimes.com/2013/08/13/u-s-seeks-to-block-airline- merger/?_r=0 According to the article, after a decade of rapid consolidation in the nation’s airline industry, the Justice Department filed a lawsuit recently to block the proposed merger between American Airlines and US Airways, which would create the world’s largest airline. -
The Caste Question: Dalits and the Politics of Modern India
chapter 1 Caste Radicalism and the Making of a New Political Subject In colonial India, print capitalism facilitated the rise of multiple, dis- tinctive vernacular publics. Typically associated with urbanization and middle-class formation, this new public sphere was given material form through the consumption and circulation of print media, and character- ized by vigorous debate over social ideology and religio-cultural prac- tices. Studies examining the roots of nationalist mobilization have argued that these colonial publics politicized daily life even as they hardened cleavages along fault lines of gender, caste, and religious identity.1 In west- ern India, the Marathi-language public sphere enabled an innovative, rad- ical form of caste critique whose greatest initial success was in rural areas, where it created novel alliances between peasant protest and anticaste thought.2 The Marathi non-Brahmin public sphere was distinguished by a cri- tique of caste hegemony and the ritual and temporal power of the Brah- min. In the latter part of the nineteenth century, Jotirao Phule’s writings against Brahminism utilized forms of speech and rhetorical styles asso- ciated with the rustic language of peasants but infused them with demands for human rights and social equality that bore the influence of noncon- formist Christianity to produce a unique discourse of caste radicalism.3 Phule’s political activities, like those of the Satyashodak Samaj (Truth Seeking Society) he established in 1873, showed keen awareness of trans- formations wrought by colonial modernity, not least of which was the “new” Brahmin, a product of the colonial bureaucracy. Like his anticaste, 39 40 Emancipation non-Brahmin compatriots in the Tamil country, Phule asserted that per- manent war between Brahmin and non-Brahmin defined the historical process. -
List of Officers Who Attended Courses at NCRB
List of officers who attened courses at NCRB Sr.No State/Organisation Name Rank YEAR 2000 SQL & RDBMS (INGRES) From 03/04/2000 to 20/04/2000 1 Andhra Pradesh Shri P. GOPALAKRISHNAMURTHY SI 2 Andhra Pradesh Shri P. MURALI KRISHNA INSPECTOR 3 Assam Shri AMULYA KUMAR DEKA SI 4 Delhi Shri SANDEEP KUMAR ASI 5 Gujarat Shri KALPESH DHIRAJLAL BHATT PWSI 6 Gujarat Shri SHRIDHAR NATVARRAO THAKARE PWSI 7 Jammu & Kashmir Shri TAHIR AHMED SI 8 Jammu & Kashmir Shri VIJAY KUMAR SI 9 Maharashtra Shri ABHIMAN SARKAR HEAD CONSTABLE 10 Maharashtra Shri MODAK YASHWANT MOHANIRAJ INSPECTOR 11 Mizoram Shri C. LALCHHUANKIMA ASI 12 Mizoram Shri F. RAMNGHAKLIANA ASI 13 Mizoram Shri MS. LALNUNTHARI HMAR ASI 14 Mizoram Shri R. ROTLUANGA ASI 15 Punjab Shri GURDEV SINGH INSPECTOR 16 Punjab Shri SUKHCHAIN SINGH SI 17 Tamil Nadu Shri JERALD ALEXANDER SI 18 Tamil Nadu Shri S. CHARLES SI 19 Tamil Nadu Shri SMT. C. KALAVATHEY INSPECTOR 20 Uttar Pradesh Shri INDU BHUSHAN NAUTIYAL SI 21 Uttar Pradesh Shri OM PRAKASH ARYA INSPECTOR 22 West Bengal Shri PARTHA PRATIM GUHA ASI 23 West Bengal Shri PURNA CHANDRA DUTTA ASI PC OPERATION & OFFICE AUTOMATION From 01/05/2000 to 12/05/2000 1 Andhra Pradesh Shri LALSAHEB BANDANAPUDI DY.SP 2 Andhra Pradesh Shri V. RUDRA KUMAR DY.SP 3 Border Security Force Shri ASHOK ARJUN PATIL DY.COMDT. 4 Border Security Force Shri DANIEL ADHIKARI DY.COMDT. 5 Border Security Force Shri DR. VINAYA BHARATI CMO 6 CISF Shri JISHNU PRASANNA MUKHERJEE ASST.COMDT. 7 CISF Shri K.K. SHARMA ASST.COMDT. -
Office Depot and Officemax Should Be Permitted to Move Forward with Their Proposed Transaction
Statement of the Federal Trade Commission Concerning the Proposed Merger of Office Depot, Inc. and OfficeMax, Inc. FTC File No. 131-0104 November 1, 2013 The Commission has unanimously decided to close its seven-month investigation of Office Depot, Inc.’s proposed merger with OfficeMax, Inc., a transaction that aims to combine the country’s second and third largest chains of office supply superstores (OSS).1 Although sixteen years ago the Commission blocked a proposed merger between Staples, Inc. and Office Depot, the nation’s two largest OSS, our current investigation has shown that the market for the sale of consumable office supplies has changed significantly in the intervening years. For the reasons discussed below, we conclude that Office Depot and OfficeMax should be permitted to move forward with their proposed transaction. In reaching this conclusion, we assessed the proposed merger’s competitive effects in two distinct lines of commerce: the sale of office supplies to retail and contract customers. We discuss each in turn. I. Retail Channel In the 1997 Staples case,2 the Commission successfully argued that the relevant product market was the sale of consumable office supplies through OSS and that the proposed merger of two of the three OSS would lead to competitive harm.3 In finding an OSS-only market, the Staples court relied principally on qualitative and empirical evidence that OSS prices were set according to the number of competing OSS in a local area. Company documents revealed the merging parties’ intense competitive focus on other OSS and general lack of concern with non- OSS rivals. -
Annexure V - Caste Codes State Wise List of Castes
ANNEXURE V - CASTE CODES STATE WISE LIST OF CASTES STATE TAMIL NADU CODE CASTE 1 ADDI DIRVISA 2 AKAMOW DOOR 3 AMBACAM 4 AMBALAM 5 AMBALM 6 ASARI 7 ASARI 8 ASOOY 9 ASRAI 10 B.C. 11 BARBER/NAI 12 CHEETAMDR 13 CHELTIAN 14 CHETIAR 15 CHETTIAR 16 CRISTAN 17 DADA ACHI 18 DEYAR 19 DHOBY 20 DILAI 21 F.C. 22 GOMOLU 23 GOUNDEL 24 HARIAGENS 25 IYAR 26 KADAMBRAM 27 KALLAR 28 KAMALAR 29 KANDYADR 30 KIRISHMAM VAHAJ 31 KONAR 32 KONAVAR 33 M.B.C. 34 MANIGAICR 35 MOOPPAR 36 MUDDIM 37 MUNALIAR 38 MUSLIM/SAYD 39 NADAR 40 NAIDU 41 NANDA 42 NAVEETHM 43 NAYAR 44 OTHEI 45 PADAIACHI 46 PADAYCHI 47 PAINGAM 48 PALLAI 49 PANTARAM 50 PARAIYAR 51 PARMYIAR 52 PILLAI 53 PILLAIMOR 54 POLLAR 55 PR/SC 56 REDDY 57 S.C. 58 SACHIYAR 59 SC/PL 60 SCHEDULE CASTE 61 SCHTLEAR 62 SERVA 63 SOWRSTRA 64 ST 65 THEVAR 66 THEVAR 67 TSHIMA MIAR 68 UMBLAR 69 VALLALAM 70 VAN NAIR 71 VELALAR 72 VELLAR 73 YADEV 1 STATE WISE LIST OF CASTES STATE MADHYA PRADESH CODE CASTE 1 ADIWARI 2 AHIR 3 ANJARI 4 BABA 5 BADAI (KHATI, CARPENTER) 6 BAMAM 7 BANGALI 8 BANIA 9 BANJARA 10 BANJI 11 BASADE 12 BASOD 13 BHAINA 14 BHARUD 15 BHIL 16 BHUNJWA 17 BRAHMIN 18 CHAMAN 19 CHAWHAN 20 CHIPA 21 DARJI (TAILOR) 22 DHANVAR 23 DHIMER 24 DHOBI 25 DHOBI (WASHERMAN) 26 GADA 27 GADARIA 28 GAHATRA 29 GARA 30 GOAD 31 GUJAR 32 GUPTA 33 GUVATI 34 HARJAN 35 JAIN 36 JAISWAL 37 JASODI 38 JHHIMMER 39 JULAHA 40 KACHHI 41 KAHAR 42 KAHI 43 KALAR 44 KALI 45 KALRA 46 KANOJIA 47 KATNATAM 48 KEWAMKAT 49 KEWET 50 KOL 51 KSHTRIYA 52 KUMBHI 53 KUMHAR (POTTER) 54 KUMRAWAT 55 KUNVAL 56 KURMA 57 KURMI 58 KUSHWAHA 59 LODHI 60 LULAR 61 MAJHE -
Are Credit Markets Still Local? Evidence from Bank Branch Closings†
American Economic Journal: Applied Economics 2019, 11(1): 1–32 https://doi.org/10.1257/app.20170543 Are Credit Markets Still Local? Evidence from Bank Branch Closings† By Hoai-Luu Q. Nguyen* This paper studies whether distance shapes credit allocation by esti- mating the impact of bank branch closings during the 2000s on local access to credit. To generate plausibly exogenous variation in the incidence of closings, I use an instrument based on within-county, tract-level variation in exposure to post-merger branch consolida- tion. Closings lead to a persistent decline in local small business lending. Annual originations fall by $453,000 after a closing, off a baseline of $4.7 million, and remain depressed for up to six years. The effects are very localized, dissipating within six miles, and are especially severe during the financial crisis. JEL G21, G34, L22, R12, R32 ( ) tretching back to Marshall 1890 , a rich literature studies how distance shapes ( ) investment Helpman 1984, Brainard 1997 , trade Tinbergen 1962; Krugman S ( ) ( 1991a; Helpman, Melitz, and Rubinstein 2008 , and economic activity more gen- ) erally Krugman 1991b, Glaeser et al. 1992 . Indeed, the fundamental driver of ( ) agglomeration economies is the idea that geographic proximity reduces the costs of transferring labor, goods, and importantly, information Duranton and Puga 2004 . ( ) Over the last few decades, however, technological changes have dramatically low- ered the costs of transmitting and processing information. This raises the question of whether distance still matters for informationally intensive activities. The banking sector is a natural environment for assessing this question since an extensive body of research holds that informational asymmetries are central to credit allocation e.g., Akerlof 1970 and Stiglitz and Weiss 1981 and information technol- ( ) ogies have had an especially pronounced impact there. -
Post-Acquisition Integration Handbook Closing the Deal Is Just the Beginning
Post-Acquisition Post-Acquisition Baker McKenzie helps clients overcome the challenges of competing in the global economy. We solve complex legal problems across borders and practice areas. Our unique culture, developed over 65 years, enables our 13,000 people to understand local markets and navigate multiple jurisdictions, working together as trusted colleagues and friends to instill confidence in our clients. www.bakermckenzie.com Handbook Integration 2017 Post-Acquisition © 2017 Baker & McKenzie. All rights reserved. Baker & McKenzie International is a Swiss Verein with Integration Handbook member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a “partner” means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an “office” means an office of any such law firm. Closing the deal is just the beginning This may qualify as “Attorney Advertising” requiring notice in some jurisdictions. Prior results do not guarantee a similar outcome. Baker & McKenzie Global Services LLC / 300 E. Randolph Street / Chicago, IL 60601, USA / +1 312 861 8800. Post-Acquisition Integration Handbook Closing the deal is just the beginning Baker McKenzie l 1 Post-Acquisition Integration Handbook Closing the deal is just the beginning IMPORTANT DISCLAIMER All of the information included in this Handbook is for informational purposes only and may not reflect the most current legal and regulatory developments. This information is not offered as legal or any other advice on any particular matter, whether it be legal, procedural or otherwise. It is not intended to be a substitute for reference to (and compliance with) the detailed provisions of applicable laws, rules, regulations or forms. -
Essays on the Effect of Product Recalls and Mergers on Firm Performance
AN ABSTRACT OF THE DISSERTATION OF Wenfeng Yan for the degree of Doctor of Philosophy in Economics presented on March 21, 2012. Title: Essays on the Effect of Product Recalls and Mergers on Firm Performance Abstract approved: ___________________________________________________________________ Victor J. Tremblay This dissertation investigates the effect of endogenous and exogenous events on firm behavior and performance. These are fundamental questions in economics. The contribution of this study is threefold. First, it provides estimates of the impact of mergers on railroad efficiency, which has important antitrust implications. Second, it provides new estimates of the effect of negative events on the market value of Johnson & Johnson, Bridgestone, and Toyota, which is important to the understanding of how markets punish corporate errors. Third, it develops better ways to estimate these effects. Chapter 2 uses the event study approach to determine how product recalls due to exogenous and endogenous shocks affect the value of the firm. Three recalls from Johnson & Johnson, Bridgestone, and Toyota have been studied in this chapter. The traditional event study method assumes that markets are efficient, a questionable assumption in the short run. Thus, the current stock value of a firm may not reflect its true market value. To address this potential problem, frontier based methods are used, including data envelopment analysis, corrected ordinary least squares, and stochastic frontier regression analysis. Stochastic frontier methods are shown to be more appropriate when market behavior is not fully rational. The evidence shows that endogenous events due to firm errors are more detrimental to firm value than exogenous negative events that are beyond the control of the firm.