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"Dombey, Elizabeth"
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Beautiful ballerinas
\"Kids will learn all about ballet: the most famous ballets, the positions, the outfits, the fun, and the hard work! It's not all roses and tutus for ballerinas. Dancing takes hard work and lots of practice\"-- Provided by publisher.
Book
City trade bodies issue warning on directives EU RULES
City trade bodies welcomed Mr [Callum McCarthy]'s comments but argued the FSA's conservative approach to the interpretation of directives means UK firms faced more of a burden than their European counterparts. Mr [Eric Anstee] also pointed to EU rules on money laundering. In the UK, there was no minimum amount for transactions that would be subject to the rules. In other European countries, the rules applied to transactions above Euros 2,000 (Pounds 1,400). The trade bodies all said the timetable for implementing the directives, many of which are part of the EU's financial services action plan, would pose problems for companies and urged regulators to allow flexibility in meeting them.
Newspaper Article
Class Action Dilemmas
Class action lawsuits--allowing one or a few plaintiffs to represent many who seek redress--have long been controversial. The current controversy, centered on lawsuits for money damages, is characterized by sharp disagreement among stakeholders about the kinds of suits being filed, whether plaintiffs' claims are meritorious, and whether resolutions to class actions are fair or socially desirable. Ultimately, these concerns lead many to wonder, Are class actions worth their costs to society and to business? Do they do more harm than good? To describe the landscape of current damage class action litigation, elucidate problems, and identify solutions, the RAND Institute for Civil Justice conducted a study using qualitative and quantitative research methods. The researchers concluded that the controversy over damage class actions has proven intractable because it implicates deeply held but sharply contested ideological views among stakeholders. Nevertheless, many of the political antagonists agree that class action practices merit improvement. The authors argue that both practices and outcomes could be substantially improved if more judges would supervise class action litigation more actively and scrutinize proposed settlements and fee awards more carefully. Educating and empowering judges to take more responsibility for case outcomes--and ensuring that they have the resources to do so--can help the civil justice system achieve a better balance between the public goals of class actions and the private interests that drive them.
eBook
Equity market drags Fortis to record loss
Fortis, the Belgo-Dutch banking and insurance group, yesterday reported a record {XEU}1.6bn ($1.6bn) loss for a third quarter burdened by losses on its equity portfolio. The company said last month unrealised losses on its equity portfolio stood at {XEU}2.1bn on September 30, a loss it has booked. The limited equity market recovery brought the unrealised loss to {XEU}1.5bn by November 15. Fortis said it had cut year-on-year costs in its banking division by 8 per cent during the first nine months of 2002. But loan loss provisions for the period came to {XEU}392m and the group warned that negative developments in lending \"may continue in the fourth quarter\".
Newspaper Article
Fortis to take a {XEU}2.1bn charge
Fortis revealed over the summer that its investment in equities had entered negative territory, but the virtual loss of {XEU}2.1bn at September 30 was the highest so far, compared with the group's July announcement of unrealised capital losses of {XEU}900m. It said its core capital in the three months to September 30 had fallen from {XEU}19.4bn to {XEU}16.5bn, but stressed that the levels were still 60 per cent above the legal minimum. It added core capital did not include {XEU}3.5bn of unrealised capital gains on its bond portfolio.
Newspaper Article
Class Action Dilemmas: Pursuing Public Goals for Private Gain
Class action lawsuits - allowing one or a few plaintiffs to represent many who seek redress - have long been controversial. The current controversy, centered on lawsuits for money damages, is characterized by sharp disagreement among stakeholders about the kinds of suits being filed, whether plaintiffs' claims are meritorious, and whether resolutions to class actions are fair or socially desirable. Ultimately, these concerns lead many to wonder, Are class actions worth their costs to society and to business? Do they do more harm than good? To describe the landscape of current damage class action litigation, elucidate problems, and identify solutions, the RAND Institute for Civil Justice conducted a study using qualitative and quantitative research methods. The researchers concluded that the controversy over damage class actions has proven intractable because it implicates deeply held but sharply contested ideological views among stakeholders. Nevertheless, many of the political antagonists agree that class action practices merit improvement. The authors argue that both practices and outcomes could be substantially improved if more judges would supervise class action litigation more actively and scrutinize proposed settlements and fee awards more carefully. Educating and empowering judges to take more responsibility for case outcomes - and ensuring that they have the resources to do so - can help the civil justice system achieve a better balance between the public goals of class actions and the private interests that drive them.
Report