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Compliance: There’s much to know about new IOLTA ruleCompliance: There’s much to know about new IOLTA rule

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr With share insurance coverage extended to interest on lawyers trust accounts (IOLTAs) and other similar escrow accounts starting Jan. 27, credit unions need to know their compliance requirements, as well as what accounts are covered. The U.S. Congress passed legislation requiring the coverage in December 2014, and the National Credit Union Administration (NCUA) finalized its implementing rule last month.Under an IOLTA program, an attorney or law firm may establish an account at a financial institution to hold clients’ funds to pay for legal services or other purposes. The Credit Union National Association’s CompBlog looked into the details credit unions should know about the new requirements.The final rule states that as long as the attorney or escrow agent is a member of the credit union, then the funds in the IOLTA/escrow accounts will be insured on a pass-through basis on behalf of the individuals who actually own the funds, whether they are members or not.The law allowed the NCUA to also extend coverage to “other similar escrow accounts.” Per the agency, “similar” accounts are accounts held by individuals that are licensed professionals or other individual serving in a fiduciary capacity holding funds for the benefit of a client as part of a transaction or business relationship. continue reading »last_img read more

Fast reaction: 3 quick takeaways from Syracuse’s 78-75 win over No. 10 DukeFast reaction: 3 quick takeaways from Syracuse’s 78-75 win over No. 10 Duke

first_img Published on February 22, 2017 at 9:23 pm Contact Connor: [email protected] | @connorgrossman In another Carrier Dome epic, John Gillon banked in a buzzer-beating 3-pointer to pilot Syracuse (17-12, 9-7 Atlantic Coast) to an 78-75 upset over No. 10 Duke (22-6, 10-5). At this point in the season, it’s tough to muster an explanation about SU’s dominance against elite conference opponents at home. The Orange will take it, especially with two games remaining in the regular season.Here’s three reactions to Wednesday’s stunner.Gillon’s second-half surgeLeading yet another double-digit Syracuse comeback, capped off by his buzzer-beater, Gillon emerged with 19 points in the second half. Three of those came at the free-throw line, where Gillon maintained his school record of 43 consecutive made free throws.In part, the 6-foot point guard was the catalyst to another comeback by helping the Orange work better off ball screens. Syracuse didn’t do much damage from behind the arc, but Gillon was able to free himself up a couple times to convert from 3. For his first points of the second stanza, Gillon knifed through the Blue Devils’ defense and laid in an and-1 layup that hung on the rim for a fleeting moment. He came down two Syracuse next possessions later to lay in another bucket, then tied the game at 54 eight minutes later with a 3-pointer, setting the stage for another tight game in the Carrier Dome against an elite opponent.AdvertisementThis is placeholder textAnother resume boostSyracuse head coach Jim Boeheim has lauded his team’s ability to play in the final minutes of close games in conference play, and Wednesday was no different. SU entered the final two minutes tied at 73 after Battle hit a mid-range jumper, and the Orange rode Gillon for its final five points of the game, including a buzzer-beating 3-pointer off the backboard.The Orange didn’t prove anything we didn’t already know: It can win — against anyone — in the Carrier Dome. Regardless, Syracuse now has wins against Duke, Virginia and Florida State, all when those teams were ranked in the Top 10. The most important game now remaining on SU’s schedule is at Louisville. Syracuse is just 2-9 when away from the Dome, so its NCAA Tournament fate may lie in how SU does on the road.The big shortFreshman forward Taurean Thompson has demonstrated exceptional play for most of this season, and against Georgia Tech last weekend, he did it for longer than he ever had. Thompson played a career-high 33 minutes against the Yellow Jackets, but was on the court 22 minutes against the Blue Devils. The freshman didn’t play poorly for long stretches, but his fleeting defensive mistakes led Boeheim to yank Thompson, SU’s most reliable offensive threat in the first half.The 6-foot-10 Thompson once again posed as a huge threat in the paint, scoring 11 points in a game where the Orange made only six 3-pointers. The problem is that when Thompson sat, Syracuse’s offense sunk.It’s clear against teams with a good 3-point defense, Thompson can key the offense. Comments Facebook Twitter Google+last_img read more

Ray Saunders to become England Golf President 2014Ray Saunders to become England Golf President 2014

first_img Ray Saunders, a past President of Kent and a former chairman of the EGU Championship Committee, has accepted the nomination to become President Elect of England Golf for the year 2013 with a view to becoming President in 2014. The 72 year old has been a keen supporter of golf and football for most of his life and is surprised and delighted to be considered for the presidency. “I was surprised to be asked,” he said. “Surprised, because at times I haven’t conformed to convention. For example, when I was Chairman of the Championship Committee we changed the format of the English Amateur Championship, which didn’t go down well in certain quarters. “But this is a massive honour and I don’t believe anyone from Kent has been president before. I can’t recall anyone and I’m certainly looking forward to it.” Ray was born in Fulham just before the Second World War and joined the Metropolitan Police as a 19 year old. He stayed for seven years during which most of his duties were confined to the notorious area of Soho. He also played for the Met soccer team which won the Police Championship in 1966, beating Liverpool at Anfield. He had earlier had trials with Fulham but was disappointed not to be signed when the likes of Alan Mullery and George Cohen were. However, he has always been, and remains, an avid Fulham fan. On leaving the police in 1966, he and a partner went into wholesale and retail business with shops in Leytonstone, East London, selling confectionery and tobacco. That lasted until 1979 when another change came when he joined a firm of chartered accountants in the West End and became their financial advisor until he retired in 1999. Living in Kent, he has been a member of the Mid Kent Golf Club for over 40 years and in 1986 was asked by the late Eric Green to run the county colts’ team. He did that for six years during which his youngsters won the South East League South and the playoffs against the South East North champions on two occasions. Meanwhile, Ray became involved with a charity Channel swim. With five others, he completed the crossing from France to England to raise funds for the National Heart Foundation after losing several friends with heart problems. Ray became Kent golf captain for four years in 1992, again winning the South East League and playoffs. Between 1996 and 1999, he completely revamped the county’s coaching system with improved results. In 1999, he became Kent President for four years and became the county’s representative on the South East and its voting member with the English Golf Union (EGU). By then a qualified referee, he joined the EGU Championship Committee in 2000 and became chairman in 2006, again for four years. He still acts as a referee for England Golf, Kent and various events in the south east but grows increasingly concerned about players not supporting county golf. “But I can see it from their viewpoint that they have so many tournaments to play in and you can’t blame them for furthering their golfing careers by doing so,” he adds. Ray and his wife Eileen recently celebrated their Golden Wedding and they have two children, a boy and a girl, three grandchildren and another on the way. Ray’s other passion is his ever-growing library of golf books, most of which are the histories of golf clubs. “I now have around 300 and am always looking to add to the collection,” he says. 28 Aug 2012 Ray Saunders to become England Golf President 2014 last_img read more

Nelson Selects Golden en route to berth at Les Sinnott Memorial Boys Provincial CupNelson Selects Golden en route to berth at Les Sinnott Memorial Boys Provincial Cup

first_imgIn the final, the boys rallied from an early 1 goal deficit against Calgary Foothills to win the gold 7-1. Goal scorers in the final were Mushumanski and Markin-Hellekson with two each, and Ezra Foy, Baxter and Noah Laroque with one each.  Coach Lyle Hill said, “I was proud of the team’s efforts on the weekend. “Obviously, we dominated two of the games, and even in the 1-1 tie, we controlled the match with a majority of the possession and outshot them by a two to one margin” Dyck explained. Finally, in the Cranbrook Sam Steele Tournament this past weekend the squad picked up their fourth gold of the season, with a tie and three wins. They started strong with a 6-0 victory over Okotoks (goals from Jaden Dyck, Josh Fogal, Yasek, Baranyai-Sheppard, Mushumanski and Markin-Hellekson) and then a 2-1 win over their familiar rivals, Kootenay East Rovers (goals from Grayson Hill and Mushumanski). They followed this with a 2-2 tie against Coaldale (Both goals supplied by Markin-Hellekson) and a 1-0 win over the NYSA U15 Boys, who played up (goal by Jaden Dyck). Player of the Game Awards for those four games were given to Mushumanski, Hill, Markin-Hellekson and Dyck, respectively. “Looking at this stretch in which we’ve won three gold medals, we’ve scored a lot of goals.  But it’s noteworthy to me that in that span, we’ve only conceded five goals in eight games, a real testament to our team defense.  But in particular, I want to highlight the unsung heroes playing on our defensive line, Jesse Thurston, Jahmal Truth-Verville, Jacob Erickson, Liam Jones and Noah Laroque (and Ezra Foy and Josh Fogal, who have also taken turns).”  “It’s been a great stretch for us, and the boys have been playing very well,” added coach Hill. “Now, we look forward to the Provincials in a few weeks, and hope that we can keep our level of play high, and see what results we can get.” The Nelson Selects U16 Boys continue to build for the Provincial Tournament after the local squad captured three gold medals as well as a berth in the Les Sinnott Memorial Boys Provincial Cup next month in West Vancouver.“The boys played fantastic, their best game of the year against a strong opponent,” said coach Kerry Dyck of the 2-0 win over Kootenay East Rovers in the BC Soccer Kootenay Zone Play Downs gold medal game.“We played a perfect possession, passing game, and controlled the match.  This was the big one, our primary target, to qualify for Provincials.” Added the NYSA Technical Director, “I thought the team was fantastic.  They passed the ball very well and played with great intensity.”Milo Baranyai-Sheppard and Markin-Hellekson provided the offence for the Selects against Kootenay East.Nelson won the gold at the Invermere Clash of the Titans tournament at the end of May.  On route to the final, the boys tied Kootenay East Rovers 1-1 with a goal from Josh Yasek, and defeated Calgary Rangers 7-0, with Blake Markin-Hellekson contributing a hat trick, and Aidan Mushumanski, Thomas Baxter, Jahmal Truth-Verville and Arnau Espinalt a goal each. last_img read more

Planting still stalled for most of OhioPlanting still stalled for most of Ohio

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Andy Rodefer, Preble Co.In the last two weeks we had about two days we could get in the fields. We got in and sprayed and spread some fertilizer. It was still touch and go because there were still some wet places. We have been getting just enough rain to keep us out. About every time it has rained we get about half an inch and it has been cool enough that it dries out pretty slow.I have one neighbor that did plant some corn a couple of weeks ago on some well-ditched fields. Nothing is up yet there and to my knowledge there is no one else around here who has planted anything. It is getting there but we need some warm weather coming in here again.There are definitely some fields in the area getting pretty green. We sprayed quite a bit last fall and ran our vertical till disk last fall. Where we did that the fields don’t look too bad yet, but the fields that have not been touched last fall or this spring are getting pretty green.This week is looking pretty good so far. We got .7 last Saturday and we are a couple days out before we can get back on for spraying or spreading fertilizer. If things hold together we might be able to get planting later in the week.We have planted in mid April before but it is usually not prime time until that first week of May or so. It looks like we might have a chance to do that if things shape up here.For the rest of this week’s reports, click here.last_img read more

How farmers and their cyclops sheep led to a cancer treatment breakthroughHow farmers and their cyclops sheep led to a cancer treatment breakthrough

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Lessons of life are sometimes found in the strangest of places. That was the case for a group of Idaho ranchers in the 1950s that found a mysterious case of cyclops lambs among their sheep. That’s right — one-eyed mutant lambs were being born.An interesting video on the subject from the folks over at TED-Ed (the same group responsible for TED Talks) goes into further detail. It’s available below and I encourage you to take a moment to watch it.Long story short — the effort by the farmers to report their deformed lambs to scientists at the USDA led to a long line of discoveries that eventually resulted in the identification of a relationship between a plant compound — cyclopamine — and proteins instrumental in the biological development process. With the mystery of the cyclops sheep having been solved, scientists took the lessons learned and applied them to humans.Basal Cell Nevus Syndrome is a group of defects caused by a genetic condition. It just so happened that the protein relationships studied in the sheep mutations were also at the root of the Syndrome, which partially predisposes people to certain cancers.Though cyclopamine wasn’t the right compound to help people out, closely related molecules were the answer and new treatments have been made available in skin cancer medicines during the last five years as a result of the finding.The story hits close to home for me as I have wrestled with skin cancer (a different form than assisted by the treatments described above) at a relatively young age. How cool that the extra effort by farmers to keep their livestock healthy has helped people afflicted with something well beyond their control?Don’t underestimate a seemingly odd occurrence. Investigate it until you understand it, and who knows — maybe you’ll save some lives along the way.Also, if your livestock are being born with a mutation, be sure to get that checked out.last_img read more

Squatter’s rights being sussed out in the Ohio Supreme CourtSquatter’s rights being sussed out in the Ohio Supreme Court

first_imgShare Facebook Twitter Google + LinkedIn Pinterest House cats understand squatter’s rights. Just watch them. We just added a third one to our household, and he knows the cat rules about jockeying for the best territory in the house. Right now, that is in the kitchen near the space heater. In fact, he is now stretched out in front of my computer screen, blocking part of my view.Ohio actually recognizes a form of squatter’s rights, adverse possession, although it is very difficult to obtain land ownership this way. The elements of adverse possession in our state are exclusive possession, open, notorious and adverse use of the land for 21 years. All elements must be proven by clear and convincing evidence. A “quiet title” action is filed to claim ownership of land this way.The Ohio Supreme Court heard oral arguments in an adverse possession case in May of this year. The parties in Don Koprivec, et al v. Rails-to-Trails of Wayne County, 2016-0704, are waiting for a decision. The issue before the Court is whether the actions of licensees on property interrupt the “exclusive possession” of adverse possession.The property they are fighting over consists of eight miles of an old abandoned railroad corridor that runs through three parcels of land, owned by the Koprivecs (purchased in 1981), the Bilinoviches (purchased in 1996) and the Koontzes (purchased in 1998). The landowners exercised control and openly used the disputed property, regularly using it and caring for it. They posted no trespassing signs. They built structures. They ran out any trespassers.By 1970, the disputed property was no longer used for trains. The Railroad removed the wooden rails in 1989. A property manager of the Railroad inspected the property in the 1990s and 2000s. AT&T and Sprint were granted 15-year licenses, with two 15-year renewal options during ownership by the Railroad. In 2007, one of the licensees cleared brush on the disputed property.Rails-to-Trails of Wayne County, a non-profit, purchased this property from Norfolk Southern Railway in 2009, with the intent of converting it into a public trail. In February of 2011, the landowners filed a declaratory judgment and action to quiet title to the disputed property, alleging adverse possession. Rails-to-Trails promptly counterclaimed, asserting that the landowners were trespassing.Rails-to-Trails was granted summary judgment in the trial court, which means they won without having to go through a trial. The landowners appealed, and the Ninth District Court of Appeals dismissed the appeal for lack of a final appealable order. So the trial court again granted summary judgment to Rails-to-Trails, finding that the recorded licensing agreements between the Railroad and AT&T and Sprint and their related activities were sufficient to defeat the exclusive use element of adverse possession.The landowners appealed to the Ninth Circuit again. This time the appellate court reversed, finding that the trial court erred in granting summary judgment to Rails-to-Trails because the licensing agreements between the Railroad and AT&T and Sprint and their related activities were not sufficient to defeat the exclusive use element of adverse possession. One Judge held that the licenses were irrevocable and essentially easements.The Ohio Supreme Court accepted the case. And now the parties wait to see how the Supreme Court views the actions of the licensees. Adverse Possession is disfavored under Ohio law, but the facts and issue before the Court makes for an interesting case. Will the activities to install and maintain fiber optic cables, including a massive right-of-way brush clearing in 2007 be sufficient to defeat the adverse possession element of exclusivity? I will be looking for this decision.Meanwhile, if you are a property owner, think like a tomcat. Mark your territory, so to speak. In this case, if the Railroad had paid more attention to the disputed eight acres and made sure all neighboring landowners knew it was their property, this case would never have happened. Regular inspections and prohibiting and enforcing unauthorized use of the acreage would have stopped an adverse possession claim before it started and created years of litigation and thousands of dollars in legal fees.last_img read more

2011 Queensland All Schools Championships2011 Queensland All Schools Championships

first_imgThe event will be held at the Brisbane Metropolitan Touch Association (BMTA) from Thursday, 6 October to Sunday, 9 October 2011. Six divisions will compete at the event, with Open and Junior Mixed, Junior Boys and Girls and Open Girls and Boys. Amongst the teams competing at the event will be a St Kentigern team from New Zealand, who are competing in the Open Boys division at the event. Round games will be contested on the first three days of the event, before finals are played on Sunday. The grand finals will be played at the following times:1.00pm – Open Mixed and Junior Mixed1.40pm – Junior Girls and Junior Boys2.20pm – Open Girls and Open BoysFor more information about the event, please visit the following website:www.qldallschools.comlast_img read more

a month agoMan City boss Guardiola: We must keep heat on Liverpoola month agoMan City boss Guardiola: We must keep heat on Liverpool

first_imgMan City boss Guardiola: We must keep heat on Liverpoolby Paul Vegasa month agoSend to a friendShare the loveManchester City boss Pep Guardiola has told Liverpool they’ll keep up the pressure as they target a third successive Premier league title.City earned a hard-fought 3-1 win away to Everton after league leaders Liverpool beat Sheffield United to keep up their 100% record.”We knew Liverpool won again and the gap was eight points, so big,” the City boss said.”So we won three points and it’s five in September, with a lot of points to play for.”We know which team we’re playing [in the title race] right now, they are seven victories in a row, champions of Europe and playing good football. “This is our rival and we know we can’t drop too many points because last season they lost just one game.”The season is long, we have to keep going and be there, maybe we can push them a little bit more and try to make the third Premier League in a row.” About the authorPaul VegasShare the loveHave your saylast_img read more