HerbeautyHe Swears He’s Ready For Another Relationship. Is He Really?HerbeautyHerbeautyHerbeautyBollywood Star Transformations: 10 Year ChallengeHerbeautyHerbeautyHerbeautyUnapologetic Celebs Women AdoreHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeautyA Mental Health Chatbot Which Helps People With DepressionHerbeautyHerbeauty Joseph HoganNew York is an iconic city, known for its twinkling lights, hustle and pizza. While we don’t envy the Big Apple for its crowds or hectic rush, their pizza is definitely something to be admired. Luckily, you don’t have to hop on a jet to savor authentic New York pizza right here in Pasadena. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Hogan opened Pie Life after working in pizza places on the east coast and falling in love with pizza pies. From there, he developed his own sauce and crust recipes. Community News Subscribe Pie Life, an unassuming, bare-bones pizza joint recently opened next to Jones Coffee on South Raymond Avenue. It’s 280 square feet of pizza heaven – literally just large enough for an oven and industrial mixer. First Heatwave Expected Next Week Pasadena Eats, The Dining Blog New York Pizza Comes to Pasadena From STAFF REPORTS Published on Monday, November 30, 2015 | 1:34 pm “It’s a total dream come true to be back in Pasadena,” said Hogan, who grew up in South Pasadena. Click to enlarge “It’s just what we want… this space has just kind of taken on a life of its own,” said Joseph Hogan, the owner and sole pizza chef. The space promotes outdoor eating, order at the window and enjoy your slices standing at the wooden tables set up in front of the shop. Pie Life offers four to five fresh slices daily as well as custom pies. Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. 3 recommended0 commentsShareShareTweetSharePin it Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Your email address will not be published. Required fields are marked * Name (required) Mail (required) (not be published) Website faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pie Life has a single-minded pizza focus. They don’t advertise or deliver. “I like to think that our pizza speaks for itself,” said Hogan. Judging by the volume of pies they turn out, it certainly does. Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS More Cool Stuff “We do one thing and we do it well…for me pizza is really a craft and the crust is the heart,” said Hogan. From the lovingly hand stretched dough to the high-quality pepperoni, each slice is infused with passion. Make a comment He is happy to be among the city’s delicious offerings and buzzing food scene but has no plans to expand his menu. “Our attitude is not trying to change pizza but just trying to get back to the roots and keep it classic,” said Hogan. Top of the News Pie Life is located at 691 S Raymond Ave, Pasadena. Call (626) 720-7095 or visit www.pielifepizza.com for more details. Community News Business News
Previous: Ask the Economist: An Increasing Interest in Financial Services Next: The Next Generation of Professionals in Mortgage and Housing Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago in Daily Dose, Featured, Foreclosure, Journal, News About Author: David Wharton Related Articles Demand Propels Home Prices Upward 2 days ago April 30, 2018 4,434 Views The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Lender OneWest Bank has won a victory in a recent foreclosure case involving deceased borrowers and non-borrowing spouses, with a Florida appeals court reversed an earlier ruling in the case.The events surrounding the case of OneWest Bank, FSB v. Palmero began in December 2006 when Florida couple Roberto and Luisa Palmero took out a reverse mortgage with Value Financial Mortgage Services. After Palmero passed away two years later, the lender eventually attempted to foreclose on the property. Luisa Palmero fought the foreclosure, arguing that, since she was not a signatory on the original home equity conversion mortgage paperwork, she should be able to remain in the home as a non-borrowing spouse.Previous rulings in Smith v. Reverse Mortgage Solutions, Inc. and Edwards v. Reverse Mortgage Solutions, Inc. had found that the surviving spouses of reverse mortgage borrowers also qualified as borrowers and thus would have the right to remain in the home after the death of the borrowing spouse. While Luisa Palmero won an initial victory in the case, Florida’s Third District Court of Appeal reversed that decision in favor of OneWest Bank, who had inherited the loan from Value Financial.“To the extent there was any confusion or inconsistency in the mortgage, it was cleared up by the note, loan application, loan agreement, and non-borrower spouse certification, which unequivocally provided that Mrs. Palmero was not the borrower for the reverse mortgage and defined Mr. Palmero as the borrower,” the court wrote in the decision.James W. Wright, Jr., Partner, Bradley Arant Boult Cummings, said, “Palmero demonstrates that a lender may demonstrate that the surviving spouse is not a ‘borrower’ under the mortgage by introducing the other documents executed at the time the loan is originated—most significantly, the non-borrower spouse ownership interest certification, in which the non-borrowing spouse expressly recognized the fact that the borrower’s death would allow the lender to accelerate the loan and proceed to foreclosure.”“It appears that the Third DCA ruled correctly, under the facts of the case,” said Michelle Garcia Gilbert, Managing Partner, Gilbert Garcia Group, P.A., “but it interesting that the loan documents in question required the surviving spouse to acknowledge that the property would be sold ‘unless another means of repayment [was] obtained.’ Given the new CFPB rules, effective April 19, 2018, requiring a confirmed successor-in-interest to be treated like a borrower, I wonder if this situation would turned out differently today, if the non-borrowing, surviving spouse were able to assume or refinance the loan, depending upon the type of reverse mortgage this was. Also, HUD may be reviewing these types of cases to see if changes to reverse mortgage products should be made.”“The court actually dodges the most-significant issue—whether the federal reverse mortgage statute prohibits foreclosing a reverse mortgage on a surviving spouse still living in the mortgaged residence,” said Anthony Smith, Shareholder, Sirote & Permutt, PC. “Instead, it concluded that because the defendant did not properly raise the issue, the trial court could not rely upon the statute as the basis of its decision.”“The appellate court’s decision is correct,” said Sonia H. McDowell, Associate Attorney at Quintairos, Prieto, Wood & Boyer, P.A. “The Palmeros received loan disbursements for over a year. Pursuant to the terms of the agreement, Mrs. Palmero agreed to move from the residence upon her husband’s passing, unless she found alternative means of repayment. Mr. Palmero passed in August of 2008 and based on the lower court case number, the foreclosure action was filed at some point in 2010. Mrs. Palmero continued to enjoy free use of property for the past 10 years, in spite of her agreement to the contrary. This opinion highlights the fact that neither the trial court, nor the appellate court, can rewrite the parties’ contract. Both parties agreed that Mrs. Palmero was a ‘non-borrower’ responsible for either repaying the debt or vacating the property upon her husband death. Having done neither, the bank’s foreclosure was proper.” Home / Daily Dose / Addressing Reverse Mortgages After the Death of a Borrower Tagged with: Foreclosure FSB v. Palmero HECM Home Equity Conversion Mortgages Non-Borrowing Spouses OneWest Bank Reverse Mortgages The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Share Save David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] Data Provider Black Knight to Acquire Top of Mind 2 days ago Addressing Reverse Mortgages After the Death of a Borrower Servicers Navigate the Post-Pandemic World 2 days ago Foreclosure FSB v. Palmero HECM Home Equity Conversion Mortgages Non-Borrowing Spouses OneWest Bank Reverse Mortgages 2018-04-30 David Wharton Sign up for DS News Daily Subscribe
On Wednesday, the U.S. House Committee on Financial Services held a hearing titled “Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis.” CEOs of eight of the largest U.S. banks attended as witnesses, including Michael L. Corbat, CEO, CitiGroup; James Dimon, Chairman and CEO of JPMorgan Chase & Co.; James P. Gorman, Chairman and CEO of Morgan Stanley; Brian T. Moynihan, Chairman and CEO of Bank of America; Ronald P. O’Hanley, President and CEO of State Street Corporation; Charles W Scharf, Chairman and CEO of Bank of New York Mellon; and David M. Solomon, Chairman and CEO of Goldman Sachs.In her opening statement, Chairwoman Maxine Waters asked what improvements the banks have made in the years since the financial crisis.“The purpose of this hearing is to review the activities of these megabanks and examine how they are operating today,” Waters said. “Ten years ago, the CEOs appeared before this very Committee to discuss the financial crisis and the massive bailout taxpayers provided. A decade later, what have they learned? Are they helping their customers, and working to benefit the communities they serve? Or are the practices of these banks still causing harm?”James Dimon discussed in his opening statement on the impact of excessive regulation and bureaucracy.“Excessive regulation for both large and small companies has reduced growth and business formation without making the economic system safer or better,” Dimon said in his testimony. “The ease of starting a business in the United States has worsened, and both small business formation and employment growth have dropped to the lowest rates in 30 years.”Dimon continued, “We need strong regulations, and we have to get better at effectively implementing them—accomplishing the desired good outcomes—while minimizing unnecessary costs and bad unintended consequences.”Representative Gregory Meeks asked the witnesses if they and their bank have looked at any alternatives to foreclosure “in the face of financial shock.”In response Brian Moynihan stated that Bank of America “does everything it can.”“Foreclosure is the last resort for the borrower, and the last resort for the lender,” said Moynihan. Moynihan also noted the centers opened by Bank of America aimed at assisting borrowers facing foreclosure face to face.Other topics discussed in the hearing included diversity and technology, including the risks tech poses.Watch the full hearing and find the written testimonies here. Home / Daily Dose / Megabank CEOs Meet With Congress About Author: Seth Welborn in Daily Dose, Featured, Government, Market Studies, News Servicers Navigate the Post-Pandemic World 2 days ago April 10, 2019 1,148 Views Print This Post Data Provider Black Knight to Acquire Top of Mind 2 days ago Bank of America Bank of New York Mellon Citibank Congress Goldman Sachs JPMorgan Chase mortgage Senate State Street 2019-04-10 Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Related Articles Subscribe Servicers Navigate the Post-Pandemic World 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. Demand Propels Home Prices Upward 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago Demand Propels Home Prices Upward 2 days ago Sign up for DS News Daily Previous: Top 10 Home Features for Baby Boomers Next: The Profitability of House Flipping The Best Markets For Residential Property Investors 2 days ago Tagged with: Bank of America Bank of New York Mellon Citibank Congress Goldman Sachs JPMorgan Chase mortgage Senate State Street Megabank CEOs Meet With Congress The Best Markets For Residential Property Investors 2 days ago
Main Evening News, Sport and Obituaries Tuesday May 25th A Donegal man who has been living in the US for 20 years says he’ll be first in line for a work permit following President Barack Obama’s announcement of his plan to reform immigration law.Under the plan, undocumented migrants who have been living illegally in the US for five years or more, and have children born in America, will be able to apply for three-year work permits.Michael Mc Mahon, a native of Bundoran who is married with a family says this has the potential to change his life………….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/11/mcmahonpermit.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. WhatsApp Google+ 365 additional cases of Covid-19 in Republic RELATED ARTICLESMORE FROM AUTHOR Pinterest By News Highland – November 21, 2014 Twitter Homepage BannerNews Twitter Facebook Donegal man in US will be “first in line” for new work permit Man arrested on suspicion of drugs and criminal property offences in Derry Previous articleGardai fear spate of border Landcruiser thefts may spread to DonegalNext articleDerry offer McNamee new two year deal News Highland Google+ Pinterest 75 positive cases of Covid confirmed in North Gardai continue to investigate Kilmacrennan fire Facebook WhatsApp Further drop in people receiving PUP in Donegal
News There are fresh concerns over the decentralisation of 800 civil service jobs to Ballykelly after the majority of workers said they were against the move.It was announced last September that 800 Department of Agriculture jobs would be moving from Belfast to Ballykelly at the site of the former Shackleton Army Barracks.But in October a leaked memo revealed that Strabane actually topped a table of suitable locations for the jobs.It’s now been revealed that 87% of workers within the Department are against the move to Ballykelly.East Derry MLA, John Dallat says the descision should not come down to the workers……[podcast]http://www.highlandradio.com/wp-content/uploads/2013/04/dall.mp3[/podcast] 75 positive cases of Covid confirmed in North Further drop in people receiving PUP in Donegal Gardai continue to investigate Kilmacrennan fire Google+ By News Highland – April 24, 2013 Pinterest Pinterest RELATED ARTICLESMORE FROM AUTHOR Twitter Man arrested on suspicion of drugs and criminal property offences in Derry Main Evening News, Sport and Obituaries Tuesday May 25th Google+ WhatsApp 365 additional cases of Covid-19 in Republic Facebook Twitter Facebook WhatsApp Concerns over the decentralisation of 800 civil service jobs to Ballykelly Previous articleDeputy Pearse Doherty calls on Government to oppose Richie Boucher pay hikeNext articleDiocese of Clogher singled out for failing to prevent child abuse in the past News Highland
News Updates”Rape Not Just Forcible Intercourse, It Means To Inhabit & Destroy Everything”; Bombay HC Denies Bail To Married Man Accused Under POCSO [Read Order] Nitish Kashyap14 Sep 2020 9:24 AMShare This – xThe Bombay High Court last week denied bail to a man accused of raping a 17-year-old girl who happened to be his business partner’s daughter observing “rape is just not forcible intercourse, it means to inhabit and destroy everything.”Justice Bharati Dangre was hearing a bail application filed by 34-year-old Amit Patil, who was accused in a case registered with Abhiruchi Police Station,…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Bombay High Court last week denied bail to a man accused of raping a 17-year-old girl who happened to be his business partner’s daughter observing “rape is just not forcible intercourse, it means to inhabit and destroy everything.”Justice Bharati Dangre was hearing a bail application filed by 34-year-old Amit Patil, who was accused in a case registered with Abhiruchi Police Station, Sinhgad Road, Pune on a complaint by the minor victim girl under Sections 376, 354-D, 506 of the Indian Penal Code and since the victim was a minor, provisions of Sections 3, 4, 11 and 12 of the Protection of Children from the Sexual Offences Act, 2012 were also invoked.According to the victim, who was pursuing her education in 11th standard in a college at Pune, was known to the applicant, as he is a family friend and a business partner of her father. The victim girl was acquainted with the applicant for about two and half years. It was alleged by the victim that from the month of October, 2019, the applicant started texting her on her Whatsapp and expressed his liking towards her and also sought sexual favours from her, which was turned down by the victim girl. Since the applicant was a family friend, the girl did not disclose that she was in receipt of indecent messages from the applicant. On December 6, 2019, the applicant forwarded her a message that he intended to discuss some important family matter with her and asked her to meet on the very next day. On the next day, when she was waiting for a bus to arrive, the applicant approached her on a two wheeler and asked her to accompany him. She was then taken to a nearby farmhouse and by making an emotional appeal and threatening that she if did not agree, he will commit suicide, she was forced to commit sexual intercourse with him. This happened two more times, the last incident being January 1, 2020. Finally, on January 12, the victim girl told her parents about the incident and the report came to be lodged on January 30, 2020.Advocate Venkatesh Shastry appeared on behalf of the applicant accused and submitted that the age of the victim is 17 years and though she is not a major in legal parlance, she had attained sufficient maturity to understand the consequences of her act and she was into relationship with the applicant on her own volition. Pointing to various chat messages Adv Shastry said that the chat clearly reflected that there was a love relationship between the accused and the victim girl. Moreover, she was conscious of his intentions. He, however, denied that he is responsible for any such sexual assault on the victim. As per the version of the victim girl, she was subjected to forcible sexual intercourse on three occasions, why she kept mum for a long period of time, Adv Shastry argued. He also argued that there is a delay of 18 days in lodging the FIR and that there can be no justification for the said delay.At this juncture, Court intervened and said-“The argument of the learned counsel that the victim was conscious of the intentions of the applicant, but still decided to accompany him wherever he asked her to is also a strange argument. The girl is young, at this age expected to be indecisive and could not straightly refuse when asked by the applicant, who is her father’s friend.”After APP MM Deshmukh concluded his submissions, Justice Dangre observed-“One thing is however clear that though the victim was adolescent, the applicant was a matured married man aged 34 years having two children. The whole episode of him indulging with a minor girl, a daughter of his business partner itself speaks of his intention. Going by the version of the learned counsel for the applicant that there was a love relationship or the relationship was on account of the advances made by the victim girl, the applicant was duty bound to bring this fact to the notice of her parents. He did nothing and the submission advanced, they shared a love relationship.”Thereafter, Court referred to the medical report of the minor victim girl and noted-“The report from Sassoon General Hospital, on examination of the victim on 30th January, 2020 after taking into account the history, clinical examination finding and laboratory reports is to the effect that there is vaginal penetration with no fresh physical injury at present. In-spite of the said medical report on record, the learned counsel for the applicant submits that he is not responsible for such sexual indulgence with the applicant.”When the Court observed that there is no apparent reason why the victim girl should particularly implicate the present applicant, the applicant accused’s counsel submitted that it is the father of the victim girl, who wanted to take advantage of the situation as the applicant is his business partner. “This argument is simply noted to be not worth consideration as there is no material supporting this submission, but merely a guess work of the applicant and this is no thing but an instance of Victim Blame,” Court said.Finally, while denying bail, Justice Dangre said that the applicant has taken advantage of the fiduciary relationship, which he shared with the victim girl and put her in a vulnerable situation-“Rape” is just not a forcible intercourse, it means to inhabit and destroy everything. The applicant is seeking release on bail awaiting the trial. Considering the gravity of the accusation leveled against him and the testimony of the victim, which would be unfurled at the time of trial and in view of the aforesaid position emerging from the submission of the learned counsel for the applicant based on the material on record, I am not inclined to release the applicant on bail.”Click Here To Download Order[Read Order]Next Story
Top Stories[Breaking] Compound Interest During Moratorium Period Can Be Waived For MSME & Personal Loans Up to Rs. 2 Crore: Centre Tells SC [Read Affidavit] LIVELAW NEWS NETWORK2 Oct 2020 10:17 PMShare This – xThe Central Government on Friday informed the Supreme Court of its decision to waive compound interest during the six-month moratorium period, for MSME loans and personal loans up to Rs. 2 crore. The Union of India submitted that is has decided to continue the “tradition of handholding the small borrowers” and therefore, it has waived interest for the said period for the most…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Central Government on Friday informed the Supreme Court of its decision to waive compound interest during the six-month moratorium period, for MSME loans and personal loans up to Rs. 2 crore. The Union of India submitted that is has decided to continue the “tradition of handholding the small borrowers” and therefore, it has waived interest for the said period for the most “vulnerable category of borrowers” viz.: MSME loans up to Rs. 2 croreEducation loans up to Rs. 2 croreHousing loans up to Rs. 2 croreConsumer durable loans up to Rs. 2 croreCredit card dues up to Rs. 2 croreAuto loans up to Rs. 2 crorePersonal loans to professionals up to Rs. 2 croreConsumption loans up to Rs. 2 crore “In other words, any individual/entity whose loan amount is more than Rs. 2 crore will not be eligible for waiver of the compounding of interest, which shall be confined to only the above referred categories of borrowers,” the Government said. The submission has come in the plea(s) seeking extension of the Covid19 induced loan moratorium & waiver of accruing interest. The action of imposition of interest during the moratorium period is “completely devastating, wrong and in a way has taken away the benefit of imposing moratorium”, the Petitioner had contended. In the last hearing on September 10, the Government had informed a bench of Justices Ashok Bhushan, R. Subhash Reddy & MR Shah that that an Expert Committee at the highest level had been constituted in order to take a decision on these issues. Solicitor General Tushar Mehta sought two weeks’ time in order to place on record a comprehensive affidavit in this regard. Inter alia, the Government has assured there shall be a relaxation from recognition of default due to the moratorium and any account becoming Non-performing (NPA) due to the bank’s or any other delay, need not suffer from being labelled as NPA. Background: The bench was hearing a plea filed by an Agra resident Gajendra Sharma, who has sought a direction to declare the portion of the RBI’s March 27 notification “as ultra vires to the extent it charges interest on the loan amount during the moratorium period, which create hardship to the petitioner being borrower and creates hindrance and obstruction in ‘right to life’ guaranteed by Article 21 of the Constitution of India”.Earlier, the Supreme Court had said there was “no merit in charging interest on interest” for deferred loan payment instalments during the moratorium period announced in wake of the COVID-19 pandemic & that once moratorium is fixed, it should serve the desired purposes and the government should consider interfering in the matter as it could not leave everything to banks. The petitioner has sought a direction to the government and the RBI to provide relief in repayment of loan by not charging interest during moratorium period. On June 4, the top court had sought the Finance Ministry’s reply on waiver of interest on loans during the moratorium period after the RBI said it would not be prudent to go for a forced waiver of interest risking financial viability of the banks. The apex court had said there are two aspects under consideration in this matter – no interest payment on loans during the moratorium period and no interest to be charged on interest. It had observed that these are challenging times and it is a serious issue as on the one hand, moratorium is granted and on other hand, interest is charged on loans. On May 26, the top court had asked the Centre and the RBI to respond to the plea challenging levy of interest on loans during the moratorium period. The RBI in its reply has told the court that it is taking all possible measures to provide relief with regard to debt repayments on account of the fallout of COVID-19 but it does not consider it prudent to go for a forced waiver of interest, risking the financial viability of the banks it is mandated to regulate, and putting the interests of the depositors in jeopardy . The RBI said the March 27 circular announcing moratorium was later modified on April 17 and May 23 by which the moratorium period was extended by another three months that is from June 1 to August 31, 2020 on payment of all instalments in respect of term loans (including agricultural term loans, retail and crop loans). “It is submitted that regulatory dispensations permitted by the Reserve Bank of India vide the aforesaid circulars dated March 27, 2020 which subsequently stood modified on April 17, 2020 and May 23, 2020 were with the objective of mitigating the burden of debt servicing brought about by disruptions on account of COVID-19 pandemic and to ensure the continuity of viable businesses. Therefore, the regulatory package is, in its essence, in the nature of a moratorium/deferment and cannot be construed to be a waiver,”s The RBI had said that in order to ameliorate difficulties faced by borrowers in repaying accumulated interest for the moratorium period, on May 23 it had announced that in respect of working capital facilities, lending institutions may, at their discretion, convert the accumulated interest for the deferment period up to August 31, 2020, into a funded interest term loan (FITL) which shall be repayable not later than March 31, 2021. Click Here To Download Affidavit Read Affidavit Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Story
iStock/Thinkstock(NEW YORK) — Thomas Bailey and Karen Bushell have never met, but their families have eerily similar stories to tell.On August 16, 2017, Thomas was informed that his daughter 1st Lt. Kathryn Bailey, 26, was missing; her Army Black Hawk helicopter had crashed into the ocean off the coast of Oahu, Hawaii.Six days later, Karen received that same devastating word. Her son, Electronics Technician Petty Officer First Class Kevin Bushell, 26, was also missing. His Navy destroyer, the USS McCain, had collided with a merchant ship off the coast of Singapore.Kathryn and Kevin were not in war zones when they died, but were conducting routine training missions so that they could be prepared for any situation in which the U.S. military might call upon their service.Since last Memorial Day, about 75 service members from across the Army, Navy, Air Force and Marine Corps have lost their lives in noncombat-related incidents. By comparison, since June of last year, 14 service members were killed in combat-related incidents in Afghanistan, Iraq and Syria.Thomas and Karen had not feared they would lose their child in the way that they did. Now they say the sacrifice of service members like Kathryn and Kevin is just as important to remember this Memorial Day as any overseas combat death.Before the crash: 1st Lt. Kathryn BaileyKathryn Michelle Bailey was born on August 7, 1991, to Thomas Bailey and Virginia Koch, who both served in the Army for a number of years. Kathryn spent most of her life in Fort Bragg, North Carolina.“She was an Army brat,” her father told ABC News in an interview in Newport News, Virginia last week.“She was a very inquisitive girl, a very smart girl, and very stubborn but very loyal,” he added.“She just kept you on your toes,” her sister said. “You didn’t know what she was going to say, what she as going to do. She was just the life of the room.”Despite two parents who served in the Army, Kathryn’s family said it was never her plan to join the military. Instead, Kathryn followed her sister to the University of North Carolina-Chapel Hill, earning a bachelor’s degree in European studies and art history. Then, she went to London’s Kingston University for a master’s degree in museum studies.But it was during that time in England that her father said she became “ferociously patriotic.” Kathryn would visit her father — then retired from the Army and divorced — at his U.S. government job in Saudi Arabia. She also traveled through Europe, visiting historic sites from World War II.“After that is pretty much when she decided she wanted to join the Army,” he said. “She called me up one day and said, ‘Dad, I want to be like you. I want to join the Army and be a helicopter pilot.’”Her sister said she had mixed feelings upon learning of Kathryn’s decision.“I actually kind of got mad at her,” she said.“We’re in the middle of all this stuff going on the in the Middle East, and it’s the last thing I wanted for her,” she added. “Not that I don’t admire it, but when it’s your sister, it’s scary.”Looking back, she said she could see why her sister was drawn to the Army — how Kathryn liked the structure and sense of community that she saw it gave to her parents.Soon, Kathryn was speaking with recruiters and training to pass the physical fitness tests that she knew lay ahead.“That’s when I knew she was serious about it,” her sister said, laughing. “And then after that it was just, you know, you get over the initial fear of hearing it and then you’re just proud.”“I couldn’t brag enough about her, especially as she started getting up and flying, and she was always so excited about it,” Jessica said.Her father and sister never seemed to fear for Kathryn’s safety even after she graduated from flight school at Fort Rucker, Alabama and headed off to become a platoon leader in the 25th Combat Aviation Brigade at Wheeler Army Airfield in Hawaii.“I never thought that anything would happen until she went overseas,” her sister said. “So something like what happened never even crossed my mind.”Before the crash: Electronics Technician Petty Officer First Class Kevin BushellGrowing up, Kevin loved animals and would bring home anything that he came across: snapping turtles, tadpoles, frogs, snakes, roosters, ducks and hermit crabs.“He was sweet,” his mother said during an interview at their home last week. “He was a good soul from the time he was born.”Kevin’s sister Sarah Bushell remembered looking up to her brother, even though she was the older sibling.“He could let anything and everything just roll off of his back,” she said. “And I just thought that was such an amazing thing that nothing would ever get him down.”As high school graduation neared, Kevin surprised the entire family with a declaration that he wanted to join the Navy, his mother told ABC News.“We were sitting at a family dinner, and he said that he wanted to join, and I said, ‘Absolutely not. I don’t want you to. The world is too crazy.’”“He wanted to travel,” she added. “He just had a drive to leave Gaithersburg and see the world. And he was able to do that with the Navy.”Kevin was persistent, meeting with a recruiter and eventually heading to Naval Station Great Lakes in Illinois for training.“Once he made the commitment, and I knew that he was going to go forward with this, we were all behind him, all supportive of him,” his mother said.Kevin’s oldest sister, Ashlee Day, spoke about visiting Kevin at Great Lakes for his graduation.“We were blown away by his transformation in that short amount of time,” she said. “We said goodbye to him, and he was a free spirit. And when we saw him at graduation, he was a man on a mission. He knew what he wanted to do in his life. It was amazing to see the Navy gave him purpose.”Kevin met his wife, Jenny, while on his first duty station in Rota, Spain. His service in the Navy would take him throughout Europe before returning to San Diego for additional school, and then on to Japan.“I remember when he went to the DMZ [Korean Demilitarized Zone], he thought it was the coolest place in the world,” his mother said.“He loved it,” she added. “He loved every bit of seeing the world and experiencing new things.”When Kevin was home from deployments, he would swap stories with Shane, his mother’s wife, about her 12 years in the Navy.In June, the destroyer USS Fitzgerald collided with a container ship 12 miles off the Japanese coastline. His mother immediately messaged Kevin, who assured her not to worry.“He said, ‘Don’t worry — that should have never happened. It would never happen again. And I’m safe. I’m on the safest place I could possibly be.’”After the crash: 1st Lt. Kathryn BaileyAt 8 o’clock in the morning on August 16, 2017, Thomas received a phone call from Kathryn’s acting battalion commander that she was missing. Her UH-60M Black Hawk helicopter had gone down the night before during a training mission off of Oahu, Hawaii, and the Army was looking for five soldiers on board.It was Kathryn’s last flight where she was required to be paired with an instructor pilot.“I know they were a quarter — about 0.4 miles — off the coast, and I know they had night vision goggles, and it was zero illumination,” her father said.Her sister Jessica, an occupational therapist, was with a patient when her dad tried to call with the news. Minutes later, they finally connected.“I was in disbelief because I was just talking to her the night before, you know, I said goodnight,” she said.For the next three weeks, the Army began providing the Bailey family updates in their search for Kathryn. At first, the updates came every six hours, but then they dwindled down to 12 hours, and — finally — once per day.Immediate family gathered in Kathryn’s mother’s home in North Carolina.“I had hope for about the first five days because hers was one of the helmets that was recovered, and it had no damage to the helmet,” her father said. “It was a survivable helmet. So, about the first five days, I thought, ‘Hey, she was out there. I thought she was floating.’”“I didn’t believe it until they showed up at our house to tell us in uniform,” her sister Jessica said. “Because for me, it was impossible.”Now the family is living through their first year without Kathryn.“To me, it’s sort of like some days I say, ‘Hey, I’ve got to tell Kathryn about this.’ So I get ready to text her and then realize,” her dad said. “Every time I see a helicopter flying overhead, it makes me think of her too, but she’s still with us. She’s still with us in spirit.”Kathryn was going to be her sister’s maid of honor in Jessica’s wedding — scheduled for two weeks after the crash. The wedding was pushed back to December, and one chair was left empty in honor of Kathryn.Her sister has been organizing runs and fundraisers in honor of Kathryn, including an event this fall in which proceeds will go to the Army Aviation Association that helped their family after the crash.“I think that’s how I’m channeling how I’m feeling is just doing everything I can to make sure people know about her,” Jessica said.For her, part of the fear is that Kathryn won’t be remembered in the same way because her death did not occur in combat.“I don’t want anyone to diminish what she gave because you do hear about it on the news all the time about these soldiers overseas,” she said.“And yes, they gave. But if you don’t go through these trainings, you can never get over there,” Jessica said. “I just don’t want anyone to hear that it happened back home and it wasn’t important.”Kathryn’s dad also fears that Americans aren’t aware of just how many training accidents occur each year.“Personally, I didn’t think it would happen to us,” he said. “It never happens to you. Well, it did happen to us — and it is. It just doesn’t happen in combat. And I think a lot of people don’t realize that.”The family takes solace in knowing that Kathryn did so much in her short amount of time.“She really makes us step back and think ‘What have I done with my life?’ kind of thing,” her sister said. “She makes you want to take advantage of every day you have.”After the crash: Electronics Technician Petty Officer First Class Kevin BushellOn Sunday, Aug. 21, 2017, Karen Bushell received a text message from her cousin that the USS McCain was involved in an accident. She called her son’s wife, who wasn’t yet aware of the collision, and then called her children.“We just went to bed that night just hoping that we always knew Kevin was lucky,” Bushell said. “Kevin was so lucky in so many ways that we knew he would be okay.”But the next morning, a Naval officer was outside of their home, knocking.“I remember just shaking,” she said. “And that’s when they told us that he was one of the missing.”The Bushells’ extended family came to their home to sit in the living room and wait for news of Kevin.“Our house was very full with a lot of love and support,” Karen said.It would be a full week before they received the official word that Kevin was one of 10 deceased sailors — his body trapped inside the ship as the compartment where he was sleeping that night flooded after the collision.He was buried in Arlington National Cemetery in October.“He wanted to make a career of the Navy,” his mother said. “And I know he would have done well. I know he would have.”“We wouldn’t have gotten to see the wonderful person he grew up to be if it hadn’t been for the Navy and him following his dreams,” his sister Ashlee said. “So I think we’re all grateful for that. We also miss him terribly. You don’t come across someone like Kevin very often.”The night of the interview with ABC News, the Bushell family returned to Gaithersburg High School, where a scholarship established by the family and Kevin’s Navy friends was awarded to a student in his name.It’s one small way that they will keep his memory alive.“I know that we didn’t get to have Kevin for as long as we would have liked, but I really tried to stay grateful for the time that I did have with him,” his sister Sarah said. “In the short 26 years that he lived, I know that he lived more in those 26 years than some people do in a lifetime.”Copyright © 2018, ABC Radio. All rights reserved.
WLS-TV(CHICAGO) — Chicago’s mayor says she’s “heartbroken and angered” after a 7-year-old girl was shot and killed while in a car in broad daylight.The young girl was shot multiple times, and the man with her was shot in the torso, while in a car at about 4:18 p.m. Sunday on the city’s West Side, the Chicago Police Department said.The girl was taken to Stroger Hospital where she was pronounced dead, police said. The 29-year-old man was hospitalized in serious condition, police said.ABC Chicago station WLS-TV reported that the victims were father and daughter and were in a McDonald’s drive-thru at the time of the shooting.Her family identified her as Jaslyn Adams.A McDonald’s employee told WLS that two suspects jumped out of another car and ambushed the victims.Police said no suspects are in custody.Mayor Lori Lightfoot tweeted Sunday night, “I am heartbroken and angered that a 7-year-old child was killed this afternoon on Chicago’s West Side.”“This unthinkable act of violence has no place here,” she wrote. “The epidemic of gun violence cutting our children’s lives short cannot go on.”Copyright © 2021, ABC Audio. All rights reserved.