Hargreaves Lansdown investors are buying Rolls-Royce shares. Should I buy too?

first_img Get the full details on this £5 stock now – while your report is free. Edward Sheldon owns shares in London Stock Exchange and Hargreaves Lansdown. The Motley Fool UK has recommended Hargreaves Lansdown. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Edward Sheldon, CFA FREE REPORT: Why this £5 stock could be set to surge Hargreaves Lansdown investors are buying Rolls-Royce shares. Should I buy too? Enter Your Email Address Image source: Getty Images. Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. Edward Sheldon, CFA | Monday, 10th May, 2021 | More on: RR Simply click below to discover how you can take advantage of this. Rolls-Royce (LSE: RR) continues to be one of the most popular stocks on the London Stock Exchange. Last week, for example, RR was the fourth most purchased stock on Hargreaves Lansdown.Should I buy Rolls-Royce shares for my own portfolio? Let’s take a look at the investment case. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Rolls-Royce shares: is the outlook improving?Rolls-Royce has been hit hard by the Covid-19 pandemic. In its full-year 2020 results, for example, the company reported a loss of £4bn for the year. That compares to a profit of £306m in 2019. Earnings per share came in at -67p versus 5.44p the year before.The main reason Rolls-Royce has been impacted so badly by Covid-19 is that it generates a large proportion of its revenues from the manufacturing and servicing of commercial aircraft engines. With many planes grounded during the pandemic, sales and profits have taken a hit.The outlook for Rolls-Royce appears to be improving now, however. Across the world, people are being vaccinated and this means that travel could resume very soon. There is no doubt that demand to travel is high. If we do all start travelling again soon, Rolls-Royce should benefit. Profits are likely to rise. This could boost the shares. “Looking ahead over the next couple of years, we are encouraged by the outlook for vaccinations and testing and we expect the rebound in global GDP and lifting of travel restrictions to drive our recovery,” the group said recently.RisksAs always in investing, however, it’s all about risk versus reward. And with Rolls-Royce shares, there are plenty of risks to be aware of.One is that, at this stage, it’s hard to know how long it will take for the travel industry to fully recover. So, it’s hard to make forecasts about the future.Recently, Rolls-Royce advised that the near-term outlook “remains uncertain” and “highly sensitive” to the developments of the Covid-19 virus and the related measures taken by governments around the world. It added that in the current environment, near-term financial forecasting is more difficult and the potential range of outcomes wider.Until the travel industry recovers, Rolls-Royce is likely to continue losing money. This year, City analysts expect the group to generate a net loss of about £210m. The company said in its full-year results that it expects negative free cash flow of around £2bn this year.Another issue is the debt on the balance sheet. At the end of 2020, the group had net debt of around £3.6bn (including lease liabilities). This adds risk to the investment case. Stockopedia gives Rolls-Royce an ‘Altman Z1’ score (a measure of financial health) of -0.04 which indicates a “serious risk of financial distress” within the next two years. If profits and cash flows don’t pick up soon, the group may have to raise capital. This could hurt the share price.Finally, it’s worth pointing out that Rolls-Royce does not have a good track record when it comes to generating shareholder wealth. Just look at the share price over the long run. Over the years, RR has been very inconsistent in terms of its profitability, which is not ideal from an investment point of view.Weighing everything up, I don’t think the risks are worth it here. All things considered, I think there are other, much safer stocks I could buy today. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Like this one…last_img read more

Ryan names experienced England Sevens squad

first_img england Sevens coach Ben RyanEngland Sevens have named an experienced squad, including the majority of the players who lifted the first silverware of the 2010-11 season, for the start of the HSBC Sevens World Series in Australia.Eight of the 2010 Dubai title winners are in the 12-man group heading for the new opening venue of the expanded global event on the Gold Coast on November 25-26.The squad is strengthened by new signings Rob Vickerman and Chris Brightwell, who have joined from Aviva Premiership outfits Newcastle Falcons and Sale Sharks respectively.Also called up are wing Nick Royle, awarded a full-time contract after scoring 35 tries in this summer’s four FIRA-AER European Grand Prix tournaments, and former England Under 20 wing Marcus Watson from Saracens, who made his international sevens debut in Adelaide this year.Head coach Ben Ryan also welcomes back Isoa Damudamu (British Army) – out of action since last February’s NZI Sevens in Wellington – and has some significant names in reserve who may yet feature in the second and third legs of the series.Last year’s Dubai title-winner Ollie Lindsay-Hague and young playmaker Christian Lewis-Pratt complete their rehabilitation from injury shortly. Ryan also has full-timer Simon Hunt, former captain Andy Vilk (Rugby Lions), ex-England U18 wing Sam Edgerley (Esher) and UWIC student Dan Bibby standing by if he needs to make further call-ups for Dubai (December 2-3) or Port Elizabeth (December 9-10).The start of the series will see the squad travel more than 33,000 miles on eight separate flights across a dozen time zones in less than four weeks. The bulk of the 18 games they face will played in temperatures above 30 degrees centigrade. But England – who finished third overall in 2010-11 – have a series of European tournaments behind them and 12 weeks of intense pre-season activity means they are in good shape ahead of their opening pool matches against Scotland, Wales and Tonga.“Selection for the start of the HSBC Sevens World Series has been different because there are three tournaments in a row but it is important to get off to a flying start in Australia and I’m delighted we’ve been able to pick our best available 12,” said Ryan. “They’ve all been capped at international sevens level before and they’re all used to the twists and turns of the tournaments and the travel involved.“We’ve certainly worked very hard off the field – as all our opponents will have done– and we’re excited about the start of the series. We’re looking forward to playing some entertaining rugby and taking our performance levels forward throughout the season.“We face some difficult games with our local rivals in our group. We all know how hard they’ll be to beat and Tonga have beaten us in Australia in the past too. It’s a tough draw but we know what we have to do.”England head for Australia next week and complete the build-up with four days of work in Sydney before travelling to Queensland on November 21. SO KON PO, HONG KONG – MARCH 26: England Sevens coach Ben Ryan during warm up ahead of their match against the USA on day two of the IRB Sevens at Hong Kong Stadium on March 26, 2011 in So Kon Po, Hong Kong. (Photo by Chris McGrath/Getty Images) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS The HSBC Sevens World Series has expanded to nine tournaments this season with a new stage in Tokyo and new venues in Australia, South Africa – at Port Elizabeth – and the London Sevens at Twickenham on May 12-13 has shifted in the calendar to become the series finale.Tickets are now available for the London Sevens weekend on May 12 and 13 May 2012, with weekend passes starting from £30, single day tickets from £18 and kids tickets at £5 each day.  Visit Ticketmaster.co.uk or call 0844 847 2492.  (Tickets are subject to availability and booking fees apply).last_img read more

House D / Aretz Dürr Architektur

first_imgPhotographs:  Luca Claussen FotografieArchitect In Charge:Sven Aretz, Jakob DürrEngineering:Hartmut BaumgärtnerCity:NümbrechtCountry:GermanyMore SpecsLess SpecsSave this picture!© Luca Claussen FotografieRecommended ProductsFiber Cements / CementsSwisspearlSwisspearl Largo Fiber Cement PanelsConcreteKrytonConcrete Hardening – Hard-CemWindowsVitrocsaMinimalist Window – SlidingWoodBruagBalcony BalustradesText description provided by the architects. The design task was to construct a low-cost and sustainable single-family dwelling in the Oberberg region, which incorporates the surrounding landscape area into the living space and creates covered outdoor spaces for the rainy summer days in the region. In its typology, the new building follows the traditional, one-room deep longhouse. The main rooms take up the entire width and are lined up lengthwise. The ends of the house are dedicated to different functions: Living area in the south, garage, and storage rooms in the north. Typical for Oberberg, a solid base, here made of concrete, lifts the living space slightly above the naturally grown slope to protect them from the weather.Save this picture!© Luca Claussen FotografieThe overhang of the pitched roof is designed for both summer and winter sun stands. In summer, it protects the living space and the verandas along the length from overheating. In winter, the double glazed facade enables the solar gains to enter the living space and activate the floating cement screed as night storage. With its reduced mass, the ventilated roof cladding supports summer thermal insulation and, together with the large roof openings, provides effective night cooling.Save this picture!© Luca Claussen FotografieSave this picture!© Luca Claussen FotografieThe alternation of light and shadow enlivens the roof cladding made of finely structured corrugated iron and creates a soft surface as a visual link between grassland and sky. The living room in the middle of the building reaches up under the roof and forms the central common room, from which the bedrooms and bathroom of the children and the master bedroom on the upper floor are accessed. A steel walkway with a translucent grating connects the two independent units and leads to the common gallery in the two-storey living area. The low-material steel and wooden skeleton construction are reversibly joined at all points. The columns are positioned along the eaves at an axial distance of 5.40 metres.Save this picture!© Luca Claussen FotografieThe main girders are screwed to the columns and serve to carry the slim-dimensioned wooden beam ceilings. The beams remain visible and create a warm atmosphere for living. The polished screed in the interior is simply impregnated, no additional flooring is required. The construction of the veranda is aligned with the finer metrics of the facade. The sleek columns support the substructure of the larch wood deck and the wooden beams of the roof overhang. The result is an architecture that focuses on the essential minimum to achieve the possible optimum.Save this picture!© Luca Claussen FotografieProject gallerySee allShow lessNew York City Architecture BiennialConferenceCall for Ideas: 2020 MonumentIdeas Share 2019 “COPY” Year:  House D / Aretz Dürr Architektur Save this picture!© Luca Claussen Fotografie+ 22Curated by Paula Pintos Share House D / Aretz Dürr ArchitekturSave this projectSaveHouse D / Aretz Dürr Architektur Area:  300 m² Year Completion year of this architecture project ArchDaily CopyHouses•Nümbrecht, Germany Architects: Aretz Dürr Architektur Area Area of this architecture project Photographs Projects Germany CopyAbout this officeAretz Dürr ArchitekturOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOn FacebookNümbrechtGermanyPublished on September 02, 2020Cite: “House D / Aretz Dürr Architektur” 02 Sep 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesGlassMitrexSolar GreenhouseMetal PanelsAurubisOxidized Copper: Nordic BrownDoorsEGGERWood Laminate Doors in Molecular Plant Science InstituteStonesCosentinoSurfaces – Silestone® Nebula SeriesWall / Ceiling LightsLouis PoulsenLamp – LP RiplsWood Boards / HPL PanelsBruagRoom Dividers – Partition Wall MDFStonesNeolithSintered Stone – Mar del PlataWindowspanoramah!®ah! SecurityPanels / Prefabricated AssembliesULMA Architectural SolutionsMIS Facade PanelCarpetsFabromont AGTextile Floor Covering – Orbital® 07 COLORpunkt®LightsNorka lightingLuminaire – BelfastMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/946808/house-d-aretz-durr-architektur Clipboard Houses ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/946808/house-d-aretz-durr-architektur Clipboardlast_img read more

Paul Farthing is new Director of Fundraising at NSPCC

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Paul Farthing is new Director of Fundraising at NSPCC Tagged with: Management NSPCC Recruitment / people 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 GoodJobs.org.uk. Researching massive growth in giving. NSPCC Chairman, Mark Wood, said: “Paul brings a strong fundraising and marketing background to the NSPCC as well as business experience.” www.nspcc.org.ukcenter_img Howard Lake | 15 January 2013 | News  40 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Paul Farthing has been appointed as the new Director of Fundraising at the NSPCC. He joins from Age UK where he is Fundraising Director.He has previously held senior fundraising positions including at Cancer Research UK. Before that he worked for six years at charity specialist direct marketing agency Target Direct. He is the current Chair of the International Fundraising Congress.He takes up his position at the NSPCC on 15 April. Advertisementlast_img read more

How to Handle Weed Pressure on Your Prevent Plant Acres

first_imgHome Indiana Agriculture News How to Handle Weed Pressure on Your Prevent Plant Acres How to Handle Weed Pressure on Your Prevent Plant AcresWeed control is, and will continue to be, a hot topic this season, especially on your prevent plant acres. Dr. Aaron Hager is a weed specialist at the University of Illinois- he appeared on the HAT Soil Health Podcast that dropped today at hoosieragtoday.com.“We really feel as though at this point in the in the season that trying to control the existing vegetation with some sort of a nonselective herbicide, or another burndown, is probably going to be: 1. Ineffective and 2. Pose some challenges of potential off target herbicide movement that we really don’t want to see. The reason we’re saying this is that if you think about the height of some of the summer annuals in the field, we’ve got waterhemp, marestail. and giant ragweed in Illinois approaching 4 to 5 feet tall right now, so in order to get adequate coverage, think about how high you’re going to have set that boom.”So, if not another burndown, what does Hager recommend?“We could use a combination of tactics. We have tillage options, obviously, but if we get into scenarios where these fields are very rank with vegetation, we could consider something like mowing it first and then coming back with a perhaps less aggressive piece of tillage equipment, and try to achieve control of this vegetation before it actually does produce seed. In other instances, I’m afraid, we’re going to probably have to be somewhat aggressive with the tillage, maybe even 2 passes to get these things adequately controlled.”Hager says the less tillage, obviously, the better for your soil health. You can hear more from Hager in the full HAT Soil Health podcast presented by the Conservation Cropping Systems Initiative. Previous articleThe HAT Soil Health Podcast- Weed Control on Your Prevent Plant AcresNext articleIndiana Soybean Crop Won’t Like This Heatwave Eric Pfeiffer How to Handle Weed Pressure on Your Prevent Plant Acres Facebook Twitter By Eric Pfeiffer – Jul 17, 2019 SHARE SHARE Facebook Twitterlast_img read more

Do Declining Oil Prices Affect Homeownership?

first_img About Author: Xhevrije West Tagged with: Oil Prices Pro Teck U.S. Housing Market Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Home / Daily Dose / Do Declining Oil Prices Affect Homeownership?  Print This Post Related Articles The Best Markets For Residential Property Investors 2 days ago Oil Prices Pro Teck U.S. Housing Market 2016-01-26 Brian Honea Xhevrije West is a talented writer and editor based in Dallas, Texas. She has worked for a number of publications including The Syracuse New Times, Dallas Flow Magazine, and Bellwethr Magazine. She completed her Bachelors at Alcorn State University and went on to complete her Masters at Syracuse University. center_img in Daily Dose, Featured, Market Studies, News Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Sign up for DS News Daily Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago As oil prices continue to decline in the U.S., many in the mortgage industry are expressing concern about how America’s new crisis will affect the housing sector.ProTeck Valuation Services released its Home Value Forecast Tuesday, which explains how U.S. oil prices will affect the housing market, particularly home values.“Many of us are enjoying the benefits of oil at its lowest price in over 12 years, in the $30 a barrel range as of this release,” said Tom O’Grady, CEO of Pro Teck Valuation Services. “The impact on the U.S. oil industry, however, has been alarming.”To provide a clearer picture of the oil crisis, ProTeck explained that at the end of December 2014, there were 1,882 active oil rigs in the U.S.  Just a year later, that number has fallen to 714. In the state of Texas alone, the rig count dropped by more than 62 percent in 2015.A report from Capital Economics found that there are two ways that lower oil prices can affect the economy, but ultimately feels that the decline in oil prices will boost economic growth.“In principle, a lower oil price should be positive for the world economy. The transfer of income from producers to consumers, who are more likely to spend on other goods and services, should boost global demand,” Capital Economics stated. “At worst, the impact might be expected to be neutral, with the winners offsetting the losers. In practice, though, the net impact of the recent slump in oil prices appears to have been negative or at least perceived as such in financial markets.”The report continued, “On balance, then we continue to expect an extended period of lower oil prices to boost global growth over the next few years, even if this process may take longer than we had anticipated.”Perhaps the most interesting connection between oil prices and housing was recently made by Bloomberg Business writer Tracy Alloway and Bank of America analysts.Alloway reports that one year ago, Bank of America connected the subprime mortgage crash with low oil prices. So could this oil crisis be the first sign of a subprime mortgage crash?Bloomberg reports that Bank of America analysts recently said this about the oil prices and subprime crisis relationship:The pattern of the decline in the price of oil that began in mid-2014 is remarkably similar to the 2007-2009 pattern of the price decline of ABX, the credit derivative index that referenced subprime mortgages and, ultimately, the U.S. housing market. Given that both housing and oil prices were fueled to spectacular heights in the two periods by massive credit expansion, it’s probably more than just coincidence that the respective “bubble” bursting patterns are so similar.Consider how things tend to work. Denial on what constitutes fair value is a big component of bubbles, on the part of both market participants and policymakers. When perceived “bubbles” burst, markets take their time in steadily shredding views of the perception of fundamental value, as prices move lower and lower. Along the way, many will cite “technical factors” as the cause of the decline, which in some way suggests the price decline may not be real when in fact it is all too real. In the end, the technicals drive the fundamentals, as credit flees and borrowers go bust, and a feedback loop lower kicks in. Lower prices beget accelerated selling, as asset owners need to raise cash. It could be margin calls or it could be producer selling needs, it doesn’t really matter: the selling becomes inevitable and turns into forced selling. Do Declining Oil Prices Affect Homeownership? Servicers Navigate the Post-Pandemic World 2 days ago January 26, 2016 2,140 Views Previous: Tech Talk: How TRID Changed the Game Next: DS News Webcast: Wednesday 1/27/2016 Demand Propels Home Prices Upward 2 days ago Subscribelast_img read more

Mediation/Settlement Talks – A New Lease Of Life For Time Barred Arbitration Claims?

first_imgColumnsMediation/Settlement Talks – A New Lease Of Life For Time Barred Arbitration Claims? Vipul Kumar5 July 2020 10:59 PMShare This – xFocus on Mediation/Settlement under the Indian regime Contemporary legislative and judicial trends suggest that Indian commercial litigation has been focussing on mediation as a tool to resolve disputes, more than ever before. For instance, Section 12A of the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015 (“Commercial Courts…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?LoginFocus on Mediation/Settlement under the Indian regime Contemporary legislative and judicial trends suggest that Indian commercial litigation has been focussing on mediation as a tool to resolve disputes, more than ever before. For instance, Section 12A of the Commercial Courts, Commercial Division and Commercial Appellate Division of High Courts Act, 2015 (“Commercial Courts Act”) introduced the concept of mandatory ‘Pre-Institution Mediation and Settlement’ under Section 12 thereof before a Commercial Civil Suit can be instituted in a Civil Court in India. Interestingly, the proviso to Section 12A(3) categorically provides that the time period during which the parties were occupied in with pre-institution mediation shall not be computed for the purposes of limitation under the Limitation Act, 1963. One must although, hasten to add here that the said provision appears to be in stark distinction to the settled law under the Indian regime – which holds that condonation of delay (or the Limitation Act, 1963) does not apply to original actions i.e. original Suits – and time barred suits have to be dismissed. (See paragraph 18 of Vishal Hira Merchant Pvt. Ltd. and Ors. V HDFC Bank; AIR 2017 Del 49) ‘Breaking Point’ of negotiations as cause of action for arbitral claims Conceivably with this focus on promoting mediation, the Indian Supreme Court has recently held that under certain set of facts and circumstances, the period during which the parties were bona fide negotiating towards an amicable settlement may be excluded for the purpose of computing the period of limitation for the reference to arbitration under the 1996 Act.[1] The court lays down the test as follows- 1.For exclusion of limitation as above, the entire negotiation history between the parties must be specifically pleaded and placed on record.2.The Court upon careful consideration of such history must find out what was the ‘breaking point’ at which any reasonable party would have abandoned efforts at arriving at a settlement and contemplated referral of the dispute of arbitration.3.This ‘breaking point’ would then be treated as the date on which the cause of action of arises, for the purposes of limitation. (See paragraph 29 of Geo Miller and Co. Pvt.Ltd. v Rajasthan Vidyut Utpadan Nigam Ltd.; 2019 SCC OnLine SC 1137, hereinafter “Geo Miller Case” – ) Family disputes v Commercial Disputes Even while laying down the aforesaid test, the Geo Miller Case distinguishes the manner in which the ‘breaking point’ ought to be determined in arbitral disputes arising out of family disputes, as against commercial disputes. The Court holds that such ‘breaking point’ may occur soon in a commercial dispute, where the litigants’ primary objective is to secure payment of money. However, the said ‘breaking point’ may have to be judged on a higher threshold in the context of ‘family disputes’ where parties have a greater stake in settling the dispute amicably. The Court further relied on Hari Shankar Singhania v Gaur Hari Singhania; (2006) 4 SCC 658 (“Hari Shankar Case”) to reason such higher thresholds of ‘breaking point’ in family disputes – since the said case holds that family settlements are sacrosanct and are to be treated differently from commercial settlements. The author however contends that the ‘breaking point’ ought to be same for family disputes and commercial dispute. Firstly, on account of the withering away of the joint family system in India, the primary focus of contemporary litigants even in family disputes (for example in a partition suit or other joint family property disputes) is mostly to secure payment of money or realisation of assets/properties – rather than keeping the family as one unit. The nature of litigation therefore, ought not to be a relevant fact to hold that such ‘breaking point’ may occur sooner in commercial disputes than in family disputes. Secondly, because the Geo Miller case appears to incorrectly appreciate the ratio of the Hari Shankar Case for the above reasoning. It is relevant to note that even though the dispute involved in the Hari Shankar Case was a family dispute, the Supreme Court had cited with approval – (i) a decision of the Delhi High Court in Oriental Building and Furnishing Co. Ltd. v. Union of India AIR 1981 Del 293; (ii) the observations in the English Court of Appeal decision in ‘Hughes v Metropolitan Rly. Co.’ – both of which decisions were rendered in relation to commercial disputes and hold that strict rights of parties do not come into play where negotiations for settlement are pending. ‘Under Consideration’ claims – whether time barred in view of decision in Geo Miller It is common for parties to usually respond to pre-arbitral communications with the phrases that the matter is ‘under consideration’ or ‘is being examined’ – when an amicable settlement is still being considered by the concerned management. The Delhi High Court in the cases of (1) ‘DDA v Cengers Geotechnica Pvt. Ltd.’; RFA 157/2017 and (2) ‘Kidde India v NTPC’; 258 (2019) DLT 347, had previously held that a mere letter that the matter is ‘under consideration’ or ‘is being examined’ is not sufficient to extend limitation. However, with the Supreme Court laying down the aforesaid test in relation to extension of limitation, the said communications will have to be seen in the light of surrounding circumstances and the manner in which the claim is pleaded. There may thus not be an outright rejection of an assertion of extension of limitation on the basis of such letters stating that the matter is ‘under consideration’ or ‘is being examined’. Extended trial of all arbitration claims It is trite law that limitation is a mixed question of law and fact. In cases where limitation is a pure question of law, claims can be rejected at the outset, without any requirement of trial (See Nusli Neville Wadia v IvoryProperties and Ors. SC ). With the aforesaid test requiring the parties to ‘plead’ and ‘place on record’ the surrounding events/circumstances in relation to the settlement/negotiation talks, a prudent litigant (by way of clever drafting) may get away with a prima facie rejection of its claim (which would have been otherwise barred by limitation), if such events relating to settlement are set out as per the Geo Miller Judgment. This may prolong the arbitral trials, since these claims cannot then be summarily rejected by the Arbitral Tribunal under Section 16 of the Arbitration Act as being barred by limitation – in cases where such events are pleaded as per the Geo Miller case. It would be interesting to observe if the test laid down in the Geo Miller case is also adopted by the Indian Courts to extend limitation in other original actions – such as filing of Civil Suits, especially when Section 12A of the Commercial Courts has now statutorily recognised that time spent in pre-institution mediation shall not be included for calculating the limitation period.Views are personal only (Vipul Kumar is an Advocate practising before all the courts and tribunals in New Delhi and may be contacted at ‘[email protected]’) Next Storylast_img read more

JCA benefits from GivingTuesday effort

first_img You Might Like Pike County Sheriff’s Office offering community child ID kits Plans underway for historic Pike County celebration Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Patriot Health ZoneHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential Health32-second Stretch Ends Back Pain & Sciatica (Watch)Healthier LivingThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancel Book Nook to reopen The Penny Hoarder Issues “Urgent” Alert: 6 Companies… JCA benefits from GivingTuesday effort “We were fortunate enough to receive a PPP loan that will definitely help us in meeting payroll payments.”The JCA membership drive is traditionally in September with memberships running from October 1-September 30 but memberships for 2020-2021 may be prepaid today GivingTuesdayNow.Memberships are offered at several levels from the $50 Individual Membership and the $100 Family Level, to the $5000 Platinum Level.  Corporate memberships begin at $500. Benefits increase with the giving level and include discounts on venue rentals, tickets for paid events, invitations to members only events, recognition gifts, and listings on the JCA membership wall. “Currently, we have 130 members who have generously donated for the 2019-2020 membership year,” Campbell said.  “Many other individuals and organizations choose to donate directly to the Troy-Pike Cultural Arts Center (dba Johnson Center for the Arts).” Troy man charged with murder A Troy man has been charged with murder after a body was found on the side of a roadway on… read more Published 6:26 pm Monday, May 4, 2020 By The Penny Hoarder Troy falls to No. 13 Clemson Remember America’s heroes on Memorial Day Next UpBrenda Campbell, Johnson Center for the Arts executive director, said the JCA, like other businesses and organizations, non-profits have been hit hard by the COVID-19 pandemic. “At the JCA. we rely heavily on memberships, donations, and event venue rentals to keep Johnson Center open to the public with no admission fees,” Campbell said. “Since the quarantine restrictions went into effect, the JCA has issued refunds for event rentals scheduled at the Studio and the Johnson Center during the dates affected.  Of course, future event planning by the patrons has been affected by the uncertainty of future restrictions.  As with most organizations, we currently need operating funds to pay utilities, rent, mortgage payments, and other regular monthly expenses.  As a recognized 501c3 organization, all memberships and donations are tax deductible. For the 2020 tax year, Americans can deduct up to $300 of cash donations without having to itemize their tax return. “We appreciate all donations and hope that the people of Pike and surrounding counties will help us to carry our mission of “the cultural enrichment of the lives of all citizens through exposure to and education in the arts.” Donations are accepted at any time and may be made securely online at https://johnsoncenterarts.org/join-us#! or checks may be mailed to: Johnson Center for the Arts, P.O. Box 863, Troy, AL 36081. For more information, call 434-2378. Latest Stories Print Article GivingTuesday is a day celebrated around the world in support of non-profit organization and to encourage people to give to a non-profit organization that  have special meaning for them.GivingTuesday is normally held on the first Tuesday in December. However, GivingTuesdayNow is being deployed today as an emergency response to the unprecedented need caused by COVID-10. Along with other organizations, the Johnson Center for the Arts is experiencing the effects of the pandemic situation. Sponsored Content Email the author By Jaine Treadwelllast_img read more

Beach Replenishment Update: A Foothold at 55th Street

first_imgWork on the south end beach replenishment project is now starting at 55th Street with crews creating a peninsula of high beach.Check OCNJ Daily for updates and photos of the progress of work of the Ocean City beach replenishment project for 2015 in the south end of Ocean City between 36th and 59th Streets. DATE: Wednesday, May 13PROGRESS: Dredging company crews have established a small peninsula of high ground on the narrow beach at 55th Street as the third phase of work begins. The second phase of the south end beach replenishment project is now complete at St. David’s Place (between 47th and 48th streets).WHAT’S NEXT: The project will proceed from 55th Street to St. David’s Place (mid-May to mid-June), then from 55th to 59th (mid-June to mid-July). These southern blocks will require more work to rebuild and repair dunes.READ MORE: Ocean City NJ Beach Replenishment 2015 Daily UpdateFOR DAILY UPDATES by E-MAIL: Sign up for freelast_img read more

Code Blue Weather Advisory

first_imgA Code Blue advisory is issued when frigid weather poses a danger to the homeless population. The Cape May County Office of Emergency Management advises that all municipalities in Cape May County will be under a “Code Blue” severe weather advisory from 6 p.m. to 6 a.m. on Wednesday and 6 p.m. to 6 a.m. on Thursday.Code Blue conditions are in effect when the temperature drops to 32 degrees.A Code Blue emergency is intended to protect homeless people living outside, on the streets, in parks or poorly insulated settings and who are at risk for cold related exposure and possible death.People seeking shelter in a warming center should contact their local municipality. Additional resources are available by calling 2-1-1.Additional information regarding Code Blue conditions can be found on the Cape May County Social Services website at http://www.cmcbss.com.last_img read more