Sentences with phrase «equity lawsuit in»

Mike Rebell is the man responsible for the Campaign for Fiscal Equity Lawsuit in which courts found the state underfunded New York City public schools.

Not exact matches

Christopher M. Sulyma filed a lawsuit on behalf of two proposed classes of participants in the Intel 401 (k) Savings Plan and the Intel Retirement Contribution Plan, claiming that the defendants breached their fiduciary duties by investing a significant portion of the plans» assets in risky and high - cost hedge fund and private equity investments through custom - built target - date funds.
The lawsuit claimed the defendants breached their fiduciary duties by investing a significant portion of the plans» assets in risky and high - cost hedge fund and private equity investments through custom - built target - date funds.
«No longer did Talon have an underlying equity value: the right set of price moves in the financial markets could reduce the value of its holdings to zero,» the lawsuit says.
PLANADVISER: So, do you see a problem in the lawsuit's argument that hedge funds and private equity investments are inappropriate for defined contribution retirement plans?
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Look at the Campaign for Fiscal Equity lawsuit, and the court settlement there and the fact that to this day we still are owed billions and billions of dollars in education funding.
«We're going to demand that Governor Cuomo provide the funding that was afforded to us in a court decision for our schools,» she said as she joined advocates to push for more funding under the Campaign for Fiscal Equity, which in 2007 won a lawsuit against the state to provide increased education funding to the city.
«The court order in the Campaign for Fiscal Equity lawsuit was founded on the principle that all schools need adequate funding levels in order to provide every student a «sound basic education.»
First, advocates who seek additional aid for education frequently invoke the Campaign for Fiscal Equity lawsuit and the Legislature's adoption of «Foundation Aid» in 2007, insinuating that the CFE lawsuit found that schools statewide were underfunded and that the court ordered additional funding statewide.
It's a right enshrined in our state constitution and confirmed by the Campaign for Fiscal Equity lawsuit,» said Brannan.
That agenda fails to pay the city the $ 2.5 billion in state aid that schools are owed from the 2006 settlement of the Campaign for Fiscal Equity lawsuit, despite a $ 5 billion state budget surplus.
While the Campaign for Fiscal Equity lawsuit was supposed to give the city its fair share of education aid, Walcott said city revenue would cover 61 percent of non-federal education spending in next year's budget.
The assemblyman, who started his political career as a Black Panther, was referring the Campaign for Fiscal Equity, a lawsuit brought by New York City parents against the state in the»90s.
they chanted, demanding the state honor a settlement in the Campaign for Fiscal Equity lawsuit that requires it to provide more aid to under - funded school districts.
An Albany County state supreme court justice has ruled against plaintiffs from eight «small city school districts» who contended that the state has failed to adequately fund them in light of the Campaign for Fiscal Equity lawsuit that almost a decade ago found that New York City schools had been systemically shortchanged when it came to state aid.
UFT President Michael Mulgrew and Schools Chancellor Carmen Fariña slammed Cuomo for the governor's failure to pay the city the $ 2.5 billion in state aid that city schools are owed from the 2006 settlement of the Campaign for Fiscal Equity lawsuit.
At the time, the state faced a lawsuit filed in 1993 by the nonprofit group Campaign for Fiscal Equity, which argued that the state's education funding formula was unconstitutional.
The state Legislature adopted it one year after a 2006 ruling in a lawsuit brought by the Campaign for Fiscal Equity that ordered New York to provide enough funding to schools to ensure a «sound, basic education» for all public school children.
Several speakers at the rally noted that the state had this year not made the sizeable increase in school spending that it had committed to make as part of the resolution of the 13 - year Campaign for Fiscal Equity school funding lawsuit.
The Times reported Howe's financial scandals included failure to pay back a home equity loan, three home foreclosure cases, lawsuits filed by home contractors for non-payment and a bank - theft case involving $ 45,000 in phantom funds to which he pleaded guilty in 2010 and was sentenced to one year of probation.
With less than two months remaining in his tenure as attorney general, Governor - elect Andrew Cuomo has filed two lawsuits against President Obama's former car czar, Steve Rattner, alleging he paid kickbacks in order to obtain $ 150 million in investments in his private equity firm, Quadrangle Group, from the state pension fund.
UFT President Michael Mulgrew urged state lawmakers in Albany to deliver the long - delayed $ 2 billion owed to New York City public schools as a result of the 2006 settlement of the Campaign for Fiscal Equity lawsuit.
In their meetings with lawmakers, UFT members advocated for a substantial state funding increase, noting that Albany still owes New York City public schools $ 2 billion as a result of the 2016 settlement of the Campaign for Fiscal Equity school aid lawsuit.
She estimated Buffalo schools would be owed more than $ 100 million in aid from the state, had Albany followed the decision that came out of a landmark school funding lawsuit won by the Campaign for Fiscal Equity, a group Nixon got involved with when her oldest teenager began as a kindergarten student in a New York City public school.
A few years ago, I and dozens of others frustrated by the state's failure to resolve the Campaign for Fiscal Equity lawsuit and provide the resources coming to the city schools as a result barricaded the entrance to the Capitol in Albany in an act of civil disobedience.
The lawsuit in question, DeRolph v. State of Ohio, was filed in 1991 by the Ohio Coalition for Equity and Adequacy in School Funding.
New Jersey's second - largest categorical program is Parity Remedy Aid, a court - ordered program that targets additional funds to the so - called Abbott districts — the plaintiffs in the Abbott v. Burke school finance lawsuit — to create more equity between them and the state's wealthier and academically more successful districts.
Despite tremendous political pressure, New York governor George Pataki defended the case and ultimately prevailed at the appeals - court level (full disclosure: my firm served as co-counsel with the New York attorney general's office in the trial of the Campaign for Fiscal Equity lawsuit).
Will a state supreme court, as part of its remedy in a fiscal equity lawsuit, decree that all children be given a choice of any school, public or private, with the state paying the cost?
It's a rare occasion when a sound bite meant for news crews so succinctly sums up a complicated issue like the one surrounding the Campaign for Fiscal Equity v. State of New York, one of the longest and most hotly contested school «adequacy» lawsuits in the country.
The tragedy of the Campaign for Fiscal Equity (CFE) lawsuit is that it has resulted in mindless simplification of all debate surrounding education.
Because New York State law is different, the group's legal argument here will probably rest on students» right to a «sound basic education» — a standard established in 2001 by the Campaign for Fiscal Equity lawsuit.
The long - awaited opinion, issued Aug. 25 by Judge Steven L. Lefelt, is the first ruling on the equity issues raised by Abbott v. Burke, the lawsuit filed in 1981 on behalf of 20 children attending schools in Camden, East Orange, Irvington, and Jersey City.
If the city of Brockton doesn't get relief through the proposed change to state law, it will continue pursuing an equity in education lawsuit against the state, Minichiello says.
Under Ralia's leadership, PEJ has launched new landmark education lawsuits in Minnesota and New Jersey, built coalitions across the country for families seeking justice, and most recently, partnered with 50CAN to strengthen the chapter in the education reform movement utilizing legal strategies for educational equity.
Though his ruling was about Connecticut, he spoke to a larger nationwide truth: After the decades of lawsuits about equity and adequacy in education financing, after federal efforts like No Child Left Behind and Race to the Top, after fights over the Common Core standards and high - stakes testing and the tug of war between charter schools and community schools, the stubborn achievement gaps between rich and poor, minority and white students persist.
Wendy Lecker is a former president of the Stamford Parent Teacher Council and was staff attorney at the Campaign for Fiscal Equity, plaintiffs in a school funding lawsuit in New York.
The historic CCJEF v. Rell case — a once - in - a-generation education adequacy and equity lawsuit challenging the state constitutionality of CT's PK - 12 education finance system — ended on August 10, 2016.
The push to boost funding to Mississippi's schools follows efforts in an array of states; lawsuits have been filed in 46 states seeking improved school funding, according to Michael A. Rebell, executive director of the Campaign for Educational Equity.
Filed and actively pursue an equity lawsuit constructed to ensure a fair and appropriate amount of state funding and equal opportunities for a thorough and efficient education for students in small and rural school districts
If they have no debt and positive cash flow they are a shoo - in, unless there is something really wrong, like a pending lawsuit waiting to wipe out the company's equity.
«In order to defend this lawsuit, which could cost up to $ 700,000, I've used my home's equity.
The new policy provides further instructions, which should result in a grant of a waiver on the ground that the individual is without fault for the overpayment and that collection would be against equity and good conscience, as was argued in the lawsuit and the Congressional letter.
One of my partners was in a pinch and needed someone to go argue a temporary restraining order so that our client could stay in her home pending the outcome of a home equity scam lawsuit.
Notable mandates: Counsel on Accor SA's sale of Motel 6 chain regarding Canadian assets worth about $ 30 million; litigation counsel to CourtCanada Ltd. in its multi-million-dollar lawsuit against the Ontario Government; acted in resolution of shareholder dispute in real estate holding companies valued at over $ 70 million; counsel to Harris & Partners Inc. in its capacity as CCAA monitor in restructuring of The Futura Loyalty Group Inc.; acted as vendor of assets of a Canadian company and U.S. affiliate valued at over $ 25 million to a U.S. private equity fund.
[T] his action is the voyage of two Star Trek convention promoters into litigation before this bankruptcy court; they explore and mix strange legal theories and ask the Court to seek out justice and do equity in this lawsuit of their creation; they boldly go where very few wise litigants have gone before...
The insurance lawyer, alleged in a lawsuit filed in California that female attorneys «can not crack the glass ceiling of equity partnership at Sedgwick.»
Defeated a summary judgment motion in the Superior Court Business Litigation Session in a lawsuit involving equity distribution in a biotech start - up.
They include: (1) regulatory law and enforcement work, because industries from banking to private equity funds to large oil companies will likely be targets of the new administration, while health insurance companies will be subject to heightened regulation; (2) litigation, because a Democratic administration will probably push back tort reform measures, giving rise to more lawsuits; (3) «green» law, i.e., representing companies that deal in green technology, whose growth will be stimulated by likely tax incentives as well as a cap and trade system; and (4) real estate, because the bailout legislation will most likely require banks availing themselves of the benefits to begin issuing mortgages again.
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