Sentences with phrase «money as a settlement»

Silver helped broker a deal in which women who alleged sexual assault by Lopez were paid state money as a settlement.

Also, the legal services offices generally do not deal with cases where a person is seeking money as a settlement.

Not exact matches

J.P. Morgan (jpm) and many of its competitors have invested millions of dollars in the technology in hopes that it can be adapted to simplify and lower the costs of processes such as securities settlement, loan trading and international money transfers.

In 2003, with $ 80,000 of her settlement as seed money, Schuback launched the company Independent Empowerment to sell the bib and other products customized for the disabled.

A number of operational features were required to implement such an overnight reverse repo, or ON RRP, facility: It would need same - day settlement; 16 the operation would need to be run predictably, every day, and as late in the day as possible, to give lenders time to bargain with other counterparties using the outside option of investing with the Federal Reserve; 17 an appropriate spread below IOR would be required to ensure that the facility neither induced large changes in the structure of money markets nor lost the ability to support interest rate control; 18 and the operations would need enough unused capacity that lenders could credibly propose to leave borrowers that did not offer an adequate interest rate.19

At the same time as a result of sloppy execution some of these banks are guilty themselves of facilitating drug money laundering activities and as a result have paid billion dollar settlement fines.

«Since 2006, more than a dozen banks have reached settlements with the Justice Department (United States) as restitution for violations related to money laundering.

Shkreli funded the Merrill Lynch settlement — and avoided the filing of the confessions of judgment — by causing a $ 900,000 investment in Retrophin equity securities made by MSMB Healthcare to be recharacterized as a «loan,» causing the «loan» to be repaid with interest, and using the «loan» proceeds together with other money taken from Retrophin to pay Merrill Lynch.

«Our BOSS Revolution international money transfer business routinely utilizes digital assets to generate liquidity in fiat currencies for our disbursement agents as part of our transaction settlement process,» said Alfredo O'Hagan, senior vice president of IDT's consumer payments business.

This is not the kind of money that you would absolutely think of as the settlement of some kind of substantial case.

Bitcoin, despite its ongoing internal strife, is very useful as permissionless global money, and has a legitimate shot at becoming a global reserve and settlement currency.

The Bank for International Settlements (BIS), which is jointly owned by the world's leading central banks, noted in November that bitcoin could disrupt the ability of central banks to exert control over the economy, as well as issue money.

And, as United States Attorney from the Eastern District of New York, she was involved in two high profile financial fraud cases, one in which Citicorp paid $ 7 billion in settlement for its role in the mortgage - backed securities fraud, and one in which HSBC paid $ 1.7 billion and took a deferred prosecution agreement for facilitating money - laundering.

These reserves serve two functions, 1) as backing for the interbank settlements system and 2) to buy cash (legal tender money / currency) from the Fed.

The future of cryptocurrency for banks could be as a settlement money that connects other different monies.

The Bank for International Settlements, the so - called central bank for central banks, thinks global market volatility is here to stay as policymakers unwind years of easy money and quantitative easing.

As an example: When Virginia sued the tobacco companies and was awarded the huge settlements they set up a commission to reinvest that money in the tobacco farming areas in order to help the economy there (since it was dependent on tobacco farming).

As explained in Sports Illustrated last year, the NCAA and 11 major athletic conferences reached an out - of - court settlement that resolves claims for past money owed to athletes over athletic scholarships.

Irony is, I don't hate women in general but after dating online, you can see women who lived with their husbands until their house was paid off or their schools loans paid and or both and then had the court take his kids away and put his ass out on the street as part of a divorce settlement along with a substantial awarding of monies.

Potential changes to the state's harassment policies include proposed bans on taxpayer money to settle complaints and an end to confidential settlements as long as the survivor's identity is protected.

The Assembly, Senate and Gov. Andrew Cuomo have proposed reforms to how the state handles sexual harassment cases, which include measures ranging from bans on confidential settlements as well as money for the Joint Commission on Public Ethics to review allegations and a goal of creating a uniform policy for handling cases.

And the comptroller pointed out that the Cuomo administration is moving items off - budget — such as $ 125 million in Tobacco Settlement money, which will go toward Medicaid costs, and $ 100 million from the State Insurance Fund to help pay workers compensation costs.

Republicans in local races are making an issue out of the Lopez scandal, either calling on Silver to resign as speaker for concealing more than $ 100,000 in settlement money paid to two of Lopez's victims, or challenging their Democratic opponents for not calling on him to step down.

The group says Attorney General Eric Schneiderman should be able to use the money he got from the JPMorgan Chase settlement and distribute it to people who lost their homes as a result of the recession.

The settlement money is added to a $ 5 billion pile that Cuomo has already proposed be spent on the state's Thruway Authority as well as help build the Tappan Zee Bridge replacement.

The state comptroller says the $ 5 billion in extra money that New York is reaping from the bank settlements should not be viewed as a surplus, and should not be spent as though there will be more money coming in the future.

State Comptroller Tom DiNapoli says the $ 5 billion - plus pot of money due to settlements with banks and other financial institutions over alleged wrongdoing in the Wall Street crash should not be looked at as a budget surplus.

And that the citizens of this commonwealth may be assured, from time to time, that the moneys remaining in the public treasury, upon the settlement and liquidation of the public accounts, are their property, no man shall be eligible as treasurer and receiver - general more than five years successively.]

Lawmakers are facing mounting pressure to end Capitol Hill's culture of secrecy over sexual harassment as they return from a holiday break, with members of both parties calling for Congress to overhaul its handling of misconduct claims and to unmask lawmakers who have paid settlements using taxpayer money.

As the state grapples with a $ 3.5 billion budget gap for the fiscal year that starts April 1, how $ 9 billion worth of settlement money from 22 Wall Street entities that first arrived in 2014 is being spent is again drawing scrutiny and criticism.

State Comptroller Tom DiNapoli says the $ 5 billion dollar plus pot of money due to settlements with banks and other financial institutions over alleged wrongdoing in the Wall Street crash should not be looked at as a budget surplus.

The city of Rye will walk away with $ 1.55 million as a result of a settlement with its insurance carrier, Travelers, regarding money stolen by former Rye Golf Club manager Scott Yandrasevich between 2007 and 2012.

Cuomo raised eyebrows and embarrassed DiNapoli as he announced a series of multimillion - dollar settlements in the state pension - fund scandal and then disclosed that his office was looking into the comptroller's role in meeting with politically connected companies seeking control over the investment of pension - fund money.

Aside from that money, Mr. de Blasio called for the state to boost the city's share of education funds as called for by Campaign for Fiscal Equity lawsuit settlement.

While the appellate decision was viewed as a win for TechCity, most of the money refunded by the KCSD and the town won't be paid to Alan Ginsberg, the owner of the business center; Ulster County paid the town back taxes when TechCity didn't always meet its obligations during the period covered by the settlement.

State Comptroller Tom DiNapoli says $ 5 billion in extra money that New York is reaping from bank settlements should not be viewed as a surplus, and should not be spent as though there will be more money coming in the future.

As the dispute concerning a 2009 affordable housing settlement in Westchester County continues, a Congresswoman and the governor have come up with a plan to allot federal money to local communities.

The report from state Comptroller Tom DiNapoli does highlight a vastly improved financial picture for the state in recent years, though «the state may face increasing budgetary challenges in coming years as revenue growth is expected to slow and billions of dollars in settlement money are spent.»

NIFA officials say any surplus was achieved through «one - shot» measures such as reserve fund transfers and borrowing money to pay tax refunds and major court settlements.

What's more, Wicka said that filing such a lawsuit might be seen as a violation of the settlement agreement, meaning the person who took the settlement and then sued might face a counterclaim demanding repayment of the money received and possibly further monetary damages.

They say it doesn't make sense to freeze Thruway tolls for four years, using money from the multi-billion dollar bank settlements, as Cuomo has proposed.

Using part of the settlement money on that Downstate bridge would certainly qualify as an investment in infrastructure.

Wilkinson is first portrayed as an old horn dog, but then it's revealed that he's deeply unhappy and wants to leave his «cruel» wife, but not without first securing the money from the deal that will allow for a good divorce settlement.

A settlement between the state and New York City would be difficult enough by itself, sources in the state capital have said, but the lingering possibility that most other school districts outside the city would be able to use the case as a precedent for their own adequacy lawsuits made it impossible for the legislature to cough up the money without a fight.

(Murray's staffers had baited DeVos» with a question about students defrauded by Trump University who received some money back in a $ 25 million settlement, prompting DeVos» staffers to note that «Trump University was not a recipient of federal student aid, nor an accredited college or university, and therefore would not fall under my jurisdiction as Secretary of Education.»)

In order to help schools prepare for computer - based testing, which may require as much as one computer per student, the money from the settlement is being offered to school districts and charter schools in the form of «vouchers» to purchase hardware and software.

Sadly, just as in the settlements offered to the publishers, the settlement (if there is one) will be paid to consumers in the form of book credits through retailers» platforms, meaning the consumers can turn right around and pay their settlement moneys right back to the publishers and the retailer.

By the way, the settlement with the Author's Guild gives Google rights they wouldn't have enjoyed before the settlement, such as the right to «earn money through advertising and by selling access to the full text of in - copyright, not commercially available books.»

On the other end, if Universal Pictures put out a Mickey Mouse movie without an agreement with Disney, you can bet as soon as Disney got wind of it the legal papers would be flying and there would be big money involved, both in lawyers and the eventual settlement or court awarded damages.

The debt settlement firm, amongst other things, will act as a middleman between you and your creditors, help you accumulate the money for your settlements and negotiate and pay the settlements when the time comes.