Based on the roughly explanation of the equity capital and loan capital, we will like to suggest to Hassan, Harjeet, and Henry to raise their company lnamed ‘3Bros Berhad’ to increase their working capital through loan capital.
As we can see that loan capital is a loan that entitled to suffer fixed interest instead of dividend whether the company is having profits or losses. Moreover, company who fail to pay back the loan within a specified period will be sued by the debenture holder. Based on the situation above, 3Bro Berhad had been set up since 3 years ago and now the company recently has been appealing more and more customers. Nevertheless, they required to raise RM2 million as working for the growth of business due to the reason that
…show more content…
The interest rate of share capital can either be variable (ordinary shares) or fixed (preference share). Shareholders will expect at least an annual dividend as their investment return. The company will distribute dividend based on the profit they made for the year. 3Bros Berhad may have option on distribution of dividend whenever the company is making a profit or loss for the year or even after the distribution is authorized, they can on hold or recall the distribution right off. However, if 3Bros Berhad decide to raise the RM2 million fund by issue share capital, 3Bros Berhad will need to declared dividend until the company collapse or bankrupt. Which means, as long the company still exist in the registry, it have the responsibility to distribute dividend for their shareholder for the entire corporate life even though the company have the option to not distribute the dividend to shareholders. Assume that, if the company issue preference share capital, 3Bros Berhad must distribute the dividend annually with a fixed interest rate and the dividend must be cumulated over the years if the company making a loss and paid to the preference shareholders while making
• Per NYPD arrest report, MOS Harris and Denizard were responding to a 911 for robbery and when they arrived complaining witness identified P as one of the perpetrator. MOS Harris and Denizard identified themselves as officer and P took off running. MOS Harris and Denizard chased P and engaged in a struggle. P punched MOS Denizard causing MOS Denizard to fall to the ground and injury his knee. MOS Denizard was unable to walk on his knee.
Bobbi Kristina Brown was moved to hospice care. Radar Online, June 24, 2015 reported that the family has agreed to take Bobbi Kristina off drugs so she can pass away naturally. This means that unless a miracle happens, Bobbi Kristina will not be with us for much longer. Bobbi Kristina was found on January 31; face down and unresponsive in her bathtub at her home in Atlanta. She was found by family friend, Max Lomas.
At approximately 2143 Shift Supervisor Justin Riddle responded to a Code Red in the Central Services building. Upon arrival Riddle met with a Casper Police officer and began a floor by floor search. The problem was found on the first floor in the area commonly called the dock. The sprinkler sytem had malfunctioned and had flooded the area upon arrival. Shortly thereafter Fire Department arrived.
This consolidated appeal arises out of a declaratory judgment action, a foreclosure action, and a motion for possession of property initiated in the Circuit Court for Howard County. Mortgagor Sirina Sucklal (“Sucklal”), appellant, challenges the grant of summary judgment to the substitute trustees Mark H. Wittstadt, and Gerard Wm. Wittstadt, Jr. (collectively, “Substitute Trustees”), the ratification of the foreclosure sale, and the subsequent grant of a motion for judgment awarding possession to the purchasers at the foreclosure sale. On appeal, Sucklal presents six questions for our review, which we have condensed and rephrased as follows: 1.
Problem 143 The issue is whether Johnson was discharged by the alteration of the check and what reply should the bank’s attorney make. UCC §§3-115, 3-407, 3-406, and 4-401(d), addressed the alteration of instruments, whether an instrument is properly payable, the issue of discharge, negligence of an altered instrument and the good faith rule. It also addressed which party is liable when an instrument is altered and when is the bank is responsible to re-credit an account. Specifically, for this issue, I will use UCC §4-401 (d): A bank that in good faith makes payment to a holder may charge the indicated account of its customer according to: (1) the original terms of the altered item; or (2) the terms of the completed item, even though the bank knows the item has been completed un- less the bank has notice that the completion was improper.
Corning, N.Y. (WENY) -- Arbor Housing and Development has officially made an offer to buy the former Northside Blodgett Middle School. They made a $200,000 bid for the vacant Corning middle school. The Corning-Painted Post School Board will vote Wednesday night on the offer. If approved, the public will vote on the sale in the fall. Northside Blodgett has been closed for two years
this Court’s order to respond in full to the Hospital’s discovery requests and produce the requested documents. Additionally, Defendant failed to respond to the Hospital’s attempts to confer on this Motion. III. Conclusion and Prayer Defendant’s bad faith behavior implies that he considers himself to be above the requirements of the Rules of Civil Procedure and the authority of this Court.
The meeting was called to order at 2:30pm by Arlene Malone, Chief Executive Officer. The opening prayer was given by H. Blondell Malone. Minutes from the previous Board of Directors Meeting were read by Robyn Odom, Secretary, and seconded by attendees.
On December 23, 2013, Corporal James Brooks of the Naples Jail Center, Florida, was arrested for arranging to purchase a stolen laptop from a recently released prisoner. A guard at the Halawa Prison in Hawaii, James “Kimo” Sanders III, received four years in federal prison after being convicted of selling meth and taking bribes to smuggle contraband into the facility where he worked. Sanders was sentenced on July 10, 2014. Leangela Handy, a prison guard in the Louisiana state prison system, was arrested on December 24, 2013 for what police described as having a “drug store” in her bra.
Tim Bosma Case Tim Bosma was a church going, fun, and caring a son to Mary and Hank Bosma, a husband to Sharlene Bosma, and a father to a five-year- old daughter (Adam Carter and Nil Koksal, 2016). On the evening of May 6, 2013, he was last seen with two men who went for a test drive in a vehicle that Tim was selling. Tim Bosma was shot and stuck into a livestock incinerator located on the accused, Dellen Millard’s, farm and the totality of the evidence provided proof that the remains found were of Tim Bosma (Cambridge Times, 2013). There were three parties to the crime, two accused and an accessory after the fact. Both accused are sentenced to a life of prison and the possibility of parole after 25 years (Paola Loriggio and Liam Casey, 2016).
Discussion Board Forum 2 Case Study Martin has decided to retire after he spent many years as a deputy police officer in a small town in North Carolina and as a detective in Raleigh. During his years as an officer of the law and order, he deiced to invest in some properties in the state. One of the properties is in the blue ridge mountains in North Carolina and the other real estate is on the North Carolina coast. The real property at the mountain was purchased 31 years ago as a joint tenancy with a right of survivorship with his friends. The second property located on the North Carolina coast is been taken by eminent domain by city authorities to make space for new development and business around the area.
The 10 murders that led to Dennis Rader being put away in prison for life began on January 15, 1974. Dennis Rader entered the house of the Otero family and murdered the husband, wife, and two youngest children. He entered the house and according to Philbin (2011) Rader testified in court that, “Well, I confronted the family, pulled the pistol, confronted Mr. Otero and asked him to – you know, that I was there to – basically I wanted the car” (p. 155). Rader told the family that he only wanted the car and some food; trying to convince the family he wouldn’t hurt them, which was not the case.
In a recent article published in the Los Angeles Times, a local pro-bono law firm with the support of Irell & Manella LLP has filed a class action lawsuit against Compton Unified School District (CUSD) on behalf of students and teachers claiming CUSD is not providing a free and appropriate public education to students who are or have experienced “complex trauma” and violence. This lawsuit will define whether “complex trauma” meets the federal requirements as a disability and could afford protections under several federal laws, such as the Rehabilitation Act, Americans with Disabilities Act (ADA) and the Individuals with Disabilities Education Act (IDEA). If the court does agree with the plaintiffs, this will put the onus on CUSD to deliver
Berlisnki Memo LEGAL ISSUE Would the courts likely conclude that Mr. Berlinski was in actual physical control of his parked vehicle in violation of A.R.S. §28-1381? BRIEF ANSWER Probably not. Per A.R.S. §28-1381, Mr. Berlinski was under the influence of intoxicants, and inside his illegally parked vehicle, with the keys in the ignition and the engine running, behind the driver’s seat.
Procedural History • The State of Minnesota convicted Kelbel in violation of first-degree murder, past pattern of child abuse, and second-degree murder. • The Supreme Court of Minnesota sentenced Kelbel to life in prison. • Kelbel first appealed that the jury must find beyond a reasonable doubt that he committed the violations. • Secondly, Kelbel appealed that the evidence presented was insufficient.