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Tuesday, February 26, 2008

Neverland Valley Ranch, owned by Michael Jackson, is to be sold at auction on March 19, 2008, unless Jackson pays over US$24 million.

Financial Title Company, the trustee of his Santa Barbara County, California, home and amusement park, has foreclosed on the property. They notified Jackson of the foreclosure and sale on Monday. Jackson had only just recently paid an overdue property tax bill of $600,000.

The court filing, addressed to Jackson, says, “You are in default of a deed of trust … Unless you take action to protect your property it may be sold at a public sale.” Fox News published the filing.

The foreclosure includes the ranch and all possessions on the property, inside or out.

The foreclosure auction will take place in front of the Santa Barbara County Courthouse in Santa Barbara. Jackson has until then to pay $24,525,906.61 he owes the title company.

In 2006, Jackson refinanced previous loans that had been bought up by Fortress Investment Group. The $300-million loan was secured with the aid of Sony Music Entertainment. However, the Neverland property was not part of that deal.

Jackson has not lived at Neverland since June 30, 2005, when he moved to Bahrain after a rape charge and subsequent acquittal.

Friday, June 16, 2006

Former American Idol winner Ruben Studdard has won a lawsuit and $2 million against his ex-manager Ronald W. Edwards and Edwards’ promotions company, Sez Inc. The lawsuit was for misappropriating the singer’s money and credit cards. The suit claimed Edwards misused more than $246,000 of the singer’s money. According to the judge’s ruling, Edwards stole money from Studdard’s checking and other bank accounts, improperly used his credit cards and even used Studdard’s money to repay a $10,000 bank loan.

Jefferson County Circuit Judge Scott Vowell awarded Studdard $500,000 for actual losses and another $1.5 million in punitive damages. Vowell dismissed Edwards’ promotions company from the suit because it was bankrupt and had no money or assets. Edwards filed a petition for Chapter 7 bankruptcy on June 17, 2005. Studdard has sold 2.2 million records, but because of the damage done to his credit by Edwards, it is now even hard for Ruben to buy a home, said Vowell.

Friday, January 4, 2013

The Pakistani schoolgirl Malala Yousafzai, who was shot by the Taliban for campaigning for education for girls, was discharged yesterday from the Queen Elizabeth hospital in Birmingham, England after success in the first stage of her medical treatment.

In October, Yousafzai was shot by Taliban forces on a school bus in Mingora, Swat District, Pakistan. She was given emergency treatment in Pakistan and then flown to Britain for treatment at a specialist unit which deals with injured soldiers.

Dave Rosser, University Hospitals Birmingham NHS Foundation Trust medical director, gave a statement about Yousafzai’s release from hospital: “Malala is a strong young woman and has worked hard with the people caring for her to make excellent progress in her recovery. Following discussions with Malala and her medical team, we decided that she would benefit from being at home with her parents and two brothers. She will return to the hospital as an outpatient and our therapies team will continue to work with her at home to supervise her onward care.”

She is due to return to hospital in a few weeks for cranial reconstructive surgery.

Tuesday, January 8, 2008

Recently of the Canadian Broadcasting Corporation (CBC), where he worked in media and public relations, Mr. Jay Walsh was announced as the replacement for Sandy Ordonez as the communications officer for the Wikimedia Foundation on an internal mailing list on Tuesday, 8 January.

“I’m extremely grateful for [Sandy Ordonez’s] hard work and excellent judgement,” said Sue Gardner, Executive Director of Wikimedia Foundation, in her announcement. Ordonez managed the WMF’s public and media relations from January 2007, and will stay on in Florida until the end of the month when the Tampa office is closed.

“The goal is to give Jay a fairly long handover time. So until the end of January, please continue to work directly with Sandy, while she helps Jay get oriented,” added Gardner.

Walsh is fresh from a position as Manager, Public Relations at Canadian Broadcasting Corporation. Previous communications positions include working for Indian and Northern Affairs, Government of Canada; Health Canada, Government of Canada; and Nova Scotia College of Art and Design University. His academics include Concordia and Mount Allison universities.

Walsh will be based out of the new offices in San Francisco, California when they open on the January 15.

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Tuesday, February 1, 2005

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Monday, February 11, 2008

Brazilian aircraft maker Embraer on Friday announced it has signed a firm order with Air Moldova for one Embraer 190 jet, to be delivered in March 2010. The contract includes an option on another plane of the same model, Embraer said in a statement. The value of the deal was not disclosed.

At present, renowned companies such as Air France, Lufthansa group and Spanish Iberia Airlines own Embraer 190 jets, specified the representative of Air Moldova. The same source specified that Embraer 190 jet is one of the most economic and optimal aircrafts for operation, and it will be configured in a single-class cabin with 114 seats.

Air Moldova, which links the Moldovan capital, Chi?in?u, to cities in Europe and the Middle East, intends to use the new plane to open new markets.

The Embraer 190 is one of the four members of the E-Jets family. On December 31, the Embraer 170/190 E-Jets had logged 764 firm orders and 786 options.

Embraer is the world’s fourth-largest commercial plane maker. It finished 2007 with a firm order backlog of US$18.8 billion.