Petrobras Signs Agreement in Principle to Settle Class Action in the…

first_img Author: Priyanka Ann Saini Petrobras announced yesterday that it has signed an agreement in principle to settle the securities class action lawsuit filed in the United States District Court for the Southern District of New York.The agreement, which is subject to approval by the court, is intended to resolve all pending and prospective claims by purchasers of Petrobras securities in the United States and by purchasers of Petrobras securities that are listed for trading in the United States. It eliminates the risk of an adverse judgment which, as Petrobras has previously reported, could have a material adverse effect on the company and its financial situation, and puts an end to the uncertainties, burdens and costs of protracted litigation.Under the proposed settlement, Petrobras has agreed to pay USD 2.95 billion to resolve claims in two installments of USD 983 million and a last installment of USD 984 million. The first installment will be paid within 10 days of preliminary approval of the settlement by the court. The second installment will be paid within 10 days of final approval of the settlement. The third installment will be paid by the later of (i) six months after final approval, or (ii) January 15, 2019.  The total settlement amount will be recognised in the fourth quarter of 2017.The agreement does not constitute any admission of wrongdoing or misconduct by Petrobras. In the agreement, Petrobras expressly denies liability. This reflects its status as a victim of the acts uncovered by Operation Car Wash, as recognised by Brazilian authorities including the Brazilian Supreme Court.  As a victim of the scheme, Petrobras has already recovered R$1.475 billion in restitution in Brazil and will continue to pursue all available legal remedies from culpable companies and individuals.The agreement is in the company’s best interest and that of its shareholders, given the risks of a verdict advised by a jury, particularities of US procedure and securities laws, as well its assessment of the status of the class action and the nature of such litigation in the United States, where only approximately 0.3% of securities-related class actions proceed to trial.The agreement will now be submitted to the district court in the SDNY for review. If preliminary approval is granted, the court will notify the members of the class of the terms of the proposed settlement. After considering any objections and a hearing on the fairness of the proposed settlement, the court will decide whether to grant final approval.As a result of the agreement, the parties will ask the United States Supreme Court to defer consideration of Petrobras’s petition for a writ of certiorari, which was scheduled for January 5, 2018, pending final approval of the proposed settlement.Sea News, January 4last_img read more

Pattaya Sports Round up – Friday March 22 – March 28,…

first_imgFridayDFiT, Dusit Thani Pattaya: Visitors using the group fitness membership can avail of the THB 2,000 offer for five visits to the gym after their membership has expired.  The offer includes unlimited use of DFiT facilities including tennis courts.  For more information, call 038-425611 ext. DFiT.1:00 p.m. The Pattaya Bridge Club meets upstairs at Altos Restaurant, 144/99 Thappraya Road near flyover. Contact Jeremy Watson 085 818 2172, www.pattayabridge.org.2:00 p.m. Pattaya Sports Club Bowling at Pattaya Plus Bowl (north of Big C), Second Road. Contact La at P.S. after 1:30 p.m.Saturday Pattaya Archery Club meets between 10am and 12 midday every Saturday, Sunday, Tuesday and Thursday at our dedicated shooting range within easy reach of Pattaya, near the new railway road.  Beginners of all ages are welcome, and equipment and coaching are free.  For more information call Eric, the club President , on 089 535 1193 or visit www.pattayaarcheryclub.comOcean Marina Yacht Club invites experienced sailors and learners for racing weekends and funsail/training weekends.  The club has 5 star clubhouse facilities and a fleet of 25′ racing yachts available. www.omycsailing.com, phone Kev Scott 087 825 0011.8:00 a.m. Diving with Mermaid’s Dive School.  Contact Mermaid’s Dive Center, tel. 038 232 219 – 20, email: [email protected]:00 a.m. – noon & 2 – 6 p.m. (Sat & Sun – Also Monday to Friday) Horseback riding at the Horseshoe Point Riding Academy, the biggest equestrian center in South-East Asia.  Show jumping, hacking, trail, dressage and classical dressage.  Training courses from beginners to advanced riders with English speaking instructors.  Leisure trail riding, group and private classes.  All levels of riders welcome.  Over 100 horses and ponies available.  Located on 1,500 acres of beautiful tropical garden land just outside Pattaya.  Free shuttle service available.  For more information: phone (+66) 3873 – 5050 (ext. 4016-18), fax (+66) 3873 – 4973 or email: [email protected]:30 am. -10:00 am. International Players Academy meets every Sat. morning for Jr. Intermediate level Tennis at Ambassador City Tennis Courts. Visitors are welcome, just bring your tennis racket, ages range from 10-16. For more details call CJ on 086 086 2121Indoor Lawn Bowls Free at Coco Club every Saturday for school or college aged children from 11.00am – 2.00pm, with Male – English and Female Thai tutors.  Parents can sit at the bar and watch.  New champions needed!  Call Sue on 087 135 8357 or pop in to the club at Baan Amphur – signposted behind Phoenix Golf.3.00 pm – Pattaya Cricket Club practice nets at Horseshoe Point next to Siam Country Club. All ages and abilities welcome.  Please contact Simon at [email protected] players are invited to play 4 mornings a week at CAT on Third Road. We play 10-12am Sunday, Tuesday, Thursday, and Friday with a mix of mostly 50+ farangs and younger Thai’s.The Amazing Sunday Golfers are a friendly group of average index who welcome new players.  Each Sunday they have friendly games on different courses with a meeting point at the course.  Contact Philippe at 082 546 0770 or email [email protected] to be updated each week for the upcoming game.8:00 a.m. Diving with Mermaid’s Dive School.  Contact Mermaid’s Dive Center, tel. 038 232 219 – 20, email: [email protected]:00 p.m. Pattaya Sports Club Softball plays slow pitch recreational pick-ups games at every Sunday at 12 noon.  New players always welcome regardless of skill level, experience, age or time away from the game.  For more information and directions see the softball page at the Pattaya Sports Club website www.pattayasports.org or contact John at [email protected] or call 089-932-54332:00 p.m. The Pattaya Backgammon League (PBL) meets every Sunday at B.G. House & Restaurant @ 2 p.m. For further details phone 081 664 9085 or email [email protected]:00 p.m. Pattaya Jungle H3 meets every 1st and 3rd Sunday of each month and departure is from the Lek Hotel on 2nd Rd at 3pm.  For more info please call Kai on 01 863 5095.Monday1:00 p.m. The Pattaya Bridge Club meets upstairs at Altos Restaurant, 144/99 Thappraya Road near flyover. Contact Jeremy Watson 085 818 2172, www.pattayabridge.org.2:45 p.m. Pattaya Hash House Harriers: The club for drinking people with a running problem meets every Monday at 2.45 pm at the Lek Hotel, (between Soi 12 & 13 on 2nd Road).  The bus leaves at 3.00 pm, and the run starts at 4.30pm.  More info at www.pattayah3.comTuesdayChess and Scrabble Club: every Tuesday 12pm – 5pm at Hoek-Van-Holland in Jomtien. Take Thappraya Road to intersection with Beach Road. Dong Tan Police sub-station is right there. Walk back towards Pattaya 10 meters along walking path. Hoek-Van-Holland is on the right, before the parking lot. Bring your own chess set and/or scrabble board. For more information please see website www.hoek-van-holland.com – Everyone welcome.The Pattaya Chess Club meets every Tuesday evening from 6:30 p.m. onwards at Brauhaus on 2nd Road between Soi 7 and Soi 8. Learners and anybody who would like to play chess are most welcome. Boards and clocks are provided.Pattaya Ladies Netball Club: 7.30 pm every Tuesday at Fairtex Sports Club.  All ages and abilities are welcome.  100 baht per person.  Please email [email protected] to confirm or find us on Facebook – ‘Pattaya Ladies Tuesday Night Netball’Wednesday1:00 p.m. The Pattaya Bridge Club meets upstairs at Altos Restaurant, 144/99 Thappraya Road near flyover. Contact Jeremy Watson 085 818 2172, www.pattayabridge.org.3.00 pm – Pattaya Cricket Club practice nets at Horseshoe Point next to Siam Country Club. All ages and abilities welcome.  Please contact Simon at [email protected] pm – Club Petanque Thailand plays Wednesdays and Saturdays from 4 p.m. until 9 p.m.  The court is open for groups every day. New and bigger surface. Very good drainage as well as better lighting.  No membership fee. Find us at Soi Nernplabwan 100/2 Moo7, next to Sutawas Temple and small Banglamung Police station. Contact: 085 280 7182, fax 038 248 067, email: [email protected] (English, French, German, Scandinavian); (Thai & Chinese: 080 618 2831.)Thursday7:00 p.m.  Pattaya Panthers and Panties (mixed) Touch Rugby every Thursday night at Horseshoe Point next to Siam Country Club. New players are always welcome – we are a very sociable team! Please contact Paul Crouch on 089 902 6286 or [email protected]last_img read more

Thatcher’s Monday Pool League

first_imgBlack Moonies6204484266 Diva Sports Bar64024941812 Thirsty Beaver650156342215 Retox Outback Bar64024644212 Honeybees62044050-106 Results & Standings Feb. 12 (week 6) TeamPWDLFA+/-Pts. Results: Black Moonies 7 – 8 Honeypot, Diva Devils 10 – 5 Leks Bar, Full Moon 4 – 11 Diva Sports Bar, GB Retox Outback Bar 4 – 11 Moonies Kitchen, Honeybees 9 – 6 Khao Noi Sports, Thirsty Beaver 11 – 4 Pride Pride63034248-69 Full Moon61053753-163 Moonies Kitchen650154361815 Leks Bar61053753-163 Khao Noi Sports63034248-69 Honeypot63034446-29 Diva Devils6303454509last_img read more

‘Raise The Jolly Roger’…Cole, Pirates hand Tigers first loss of season, 5-4

first_imgPittsburgh Pirates center fielder Andrew McCutchen, center, celebrates with teammates, left fielder Starling Marte, left, and right fielder Gregory Polanco after getting the final out of a 5-4 win over the Detroit Tigers in the Pirates home opener Monday, April 13, 2015 in Pittsburgh. (AP Photo/Gene J. Puskar)PITTSBURGH (AP) – Brad Ausmus is an optimist, but the Detroit Tigers manager didn’t get carried away even after his team mashed its way through a perfect opening week to the season.“I wasn’t expecting to go 162-0,” Ausmus joked.The Pittsburgh Pirates finally put a crooked number in Detroit’s loss column, riding Gerrit Cole’s right arm and home runs from Josh Harrison, Pedro Alvarez and Corey Hart to hand the Tigers a 5-4 loss on Monday.Baseball’s top-hitting team scored 47 runs while winning its first six games, but was held in check until a late rally against Pittsburgh closer Mark Melancon fell just short. Detroit failed to match the 7-0 start set by the 1984 team that rolled to a World Series title.The Tigers managed just one run out of a bases-loaded, no-out situation in the seventh and scored three times against Melancon in the ninth before pinch-hitter Victor Martinez struck out to end it.“We had a little bit of an opportunity in the seventh and we weren’t able to continue it,” Ausmus said. “Then the last inning, obviously we had the heart of our order, right where you want to be against the back-end of their bullpen. That’s as good as a chance as possible being down four runs.”Pittsburgh Pirates’ Pedro Alvarez, left, celebrates with Jordy Mercer (10) after hitting a solo home run off Detroit Tigers starting pitcher Anibal Sanchez during the seventh third inning of the Pirates home opener baseball game in Pittsburgh Monday, April 13, 2015. The Pirates handed the Tigers their first loss of the season 5-4. (AP Photo/Gene J. Puskar)Cole (1-0) struck out eight and walked two while giving up just three hit as the Pirates won their second straight home opener.“He was throwing cheese,” Detroit catcher Alex Avila said. “Hitting 97, 98, a couple of breaking balls, changeup. Spotting up, sinking the ball. He was lights out.”Anibal Sanchez (1-1) couldn’t quite keep up, surrendering five runs in 6 1-3 innings, including home runs to Pedro Alvarez and Corey Hart in the seventh to give Pittsburgh some needed breathing room.“I just tried to keep the score close and waited for the team to score some runs,” Sanchez said. “Cole threw a really good ballgame. He pitched really, really well.”Miguel Cabrera went 2 for 4 with an RBI and J.D. Martinez drew the Tigers within a run with a two-run shot off Melancon.Looking to match the start of the Kirk Gibson-led club that won 104 games and rolled to a title 31 years ago, they instead were cooled by the hard-throwing and rapidly maturing Cole.Pittsburgh Pirates starting pitcher Gerrit Cole (45) gets the ball during the first inning of a baseball game against the Detroit Tigers in Pittsburgh Monday, April 13, 2015. Cole got the win 5-4 over the Tigers. (AP Photo/Gene J. Puskar)“Cole was good,” Ausmus said. “He was really good. He was going to be tough to score against, period. We bided our time and were able to get back in the game.”Just not all the way to the front. Cole breezed through six innings, twice retiring Cabrera, before running into trouble in the seventh after loading the bases with no outs. Jared Hughes came in to protect a 2-0 lead. His first pitched turned into a double play by Nick Castellanos and his third was a harmless popup by Avila.“You just have to pound the zone, that’s the big thing,” Hughes said. “The other hitters know you’re going to do it and they’re probably going to be swinging.”Alvarez then led off the bottom of the seventh with a homer to center and Hart followed three batters later with a drive to the bleachers in left field with a two-run shot for his 1,000th career hit to make it 5-1.CRUSING CABRERACabrera’s two hits actually forced his average to “dip” to .517 on the season. He was named the American League Player of the Week earlier Monday after going 13 for 25 (.520) with two doubles, two homers and eight RBI to start the year.“He’s swung the bat extremely well,” Ausmus said. “He’s the best hitter in the game for a reason and he probably has a few of those awards on the mantle.”TRAINER’S ROOMTigers: Closer Joe Nathan’s strained right flexor elbow might force Ausmus to get creative at the back end of the bullpen. Joaquin Soria is filling in until Nathan returns from the disabled list, but Ausmus indicated that if there was a save situation on Monday he would have turned to Joba Chamberlain.Pirates: The Pirates reinstated pitcher Francisco Liriano from the paternity list and sent Casey Sadler to Triple-A Indianapolis. Liriano is scheduled to start on Wednesday.UP NEXTTigers: Shane Greene (1-0) makes his second start of the season on Tuesday as the three-game series continues. He tossed eight shutout innings in a win over Minnesota last Thursday. Greene is 4-0 with a 2.70 ERA in six career road starts.Pirates: A.J. Burnett makes his first start in Pittsburgh as a Pirate since 2013. He pitched 5 1-3 innings while getting a no decision against Cincinnati last Thursday. The 38-year-old Burnett is 14-12 with a 2.76 ERA in 35 career starts at PNC Park.last_img read more

Eagles’ Kelly says McCoy was wrong to question his motives

first_imgn this Dec. 20, 2014, file photo, Philadelphia Eagles running back LeSean McCoy carries the ball during an NFL football game against the Washington Redskins in Landover, Md. A person familiar with the deal says the Eagles have agreed to trade star running back McCoy for Buffalo Bills linebacker Kiko Alonso. The person spoke under condition of anonymity Tuesday night, March 3, 2015, because the teams had not announced the deal. (AP Photo/Patrick Semansky, File)PHILADELPHIA (AP) _ Chip Kelly says LeSean McCoy was wrong to suggest he favors White players over Black players and says he never considers race when he’s building the Philadelphia Eagles’ roster.“I’ve got great respect for LeSean. However, in that situation, I think he’s wrong,” Kelly said Thursday. “We put a lot of time in looking at the characters and factors that go into selection and retention of players, and color’s never been one of them.”Kelly traded McCoy to the Buffalo Bills in March for linebacker Kiko Alonso. McCoy wasn’t happy about the trade. The two-time All-Pro and leading rusher in franchise history then questioned Kelly’s motives in an interview with ESPN The Magazine earlier this month.“You see how fast he got rid of all the good players. Especially all the good Black players. He got rid of them the fastest,” McCoy said. “But there’s a reason he got rid of all the Black players _ the good ones _ like that.”McCoy referenced Kelly releasing star receiver DeSean Jackson a year earlier, while keeping receiver Riley Cooper.“That doesn’t hurt me,” Kelly said of the comments. “I’m not governed by the fear of what other people say. Events don’t elicit feelings. I think beliefs elicit feelings, and I understood what my beliefs are and I know who I am.”Kelly said he doesn’t plan to address the team about the comments, and he hasn’t spoken to McCoy.“I reached out to him twice and he didn’t accept my call,” Kelly said. “And I talked to his agent and told him I’d love to talk to him at some point, but I haven’t had a chance to touch base with him.”The third-year coach isn’t concerned about perception outside the locker room.“If you start chasing perception then you got a long life ahead of you, son,” Kelly said. “That’s what it’s all about if you’re worried about someone’s perception of what’s going on with you. You control one thing _ you control yourself. And I know how we run this organization, and it’s not run that way.”last_img read more

CWC 2019: Kevin Pietersen vouches for the inclusion of Vijay Shankar in the line-up

first_imgImage Courtesy: Deccan ChronicleAdvertisement 9eNBA Finals | Brooklyn Vsq03vWingsuit rodeo📽Sindre Ev6y8( IG: @_aubreyfisher @imraino ) ce6Would you ever consider trying this?😱cgr20Can your students do this? 🌚nemRoller skating! Powered by Firework Vijay Shankar has been a polarising figure for the fans and critics alike after a series of sub-par performances. The all-rounder was slotted in the line-up after Shikhar Dhawan’s tournament came to a premature end owing to a hairline fracture. Advertisement Image Courtesy: Deccan ChronicleThe all-rounder’s World Cup journey has been off to a rough start. After bagging a wicket off his very first ball, things have gone only downhill for Shankar. The right-arm medium pacer is yet to deliver a solid outing in the crucial No.4 position for the Men In Blue. Shankar could only manage a couple of patchy innings’ against Afghanistan and West Indies.While many have voiced their opinion about replacing Shankar off the line-up with either Dinesh Karthik or Rishabh Pant, Kevin Pietersen is not one of them as he pleaded Virat Kohli and Ravi Shastri to back the 28-year-old in a tweet. He said:Advertisement “Dear Virat and Ravi (Shastri) — please don’t drop Vijay Shankar,” Pietersen said in a tweet on Saturday. “I think he’s coming into his own and would potentially win you tomorrow’s game.”Pietersen also voiced his concern about Pant being thrown away right into the World Cup mix. He added:Advertisement “Don’t think about Pant. He needs another three weeks preparation before I think he can get into your World Cup side.”Check out the tweet below:Read Also:  Advertisementlast_img read more

Galway United’s First Division Fixtures Released

first_imgThe fixtures for the new league of Ireland season have been unveiled this afternoon. Fri. 13 April         Galway United v Wexford     Eamonn Deacy Park 7.45 pmFri. 20 April         Shelbourne v Galway United     Tolka Park 7.45 pmFri. 27 April         Galway United v Cobh Ramblers    Eamonn Deacy Park 7.45 pmFri. 4 May            Athlone Town v Galway United     Athlone Town Stadium 7.45 pmMONDAY/TUESDAY, 7/8 MAY – EA SPORTS CUP QUARTER-FINALS   Fri. 11 May          Galway United v U.C.D.        Eamonn Deacy Park 7.45 pmFri. 18 May         Cabinteely v Galway United     Stradbrook 7.45 pmFri. 25 May         Galway United v  Drogheda United  Eamonn Deacy Park 7.45 pmSat. 2 June          Longford Town v Galway United     City Calling Stadium 7.30 pmFri. 8 June          Galway United v Finn Harps Eamonn Deacy Park 7.45 pmFri. 15 June         Wexford v Galway United     Ferrycarrig Park 8.00 pmMID-SEASON BREAK – SATURDAY 16 JUNE – THURSDAY 28 JUNE – NO FIXTURESFri. 29 June        Galway United v Shelbourne Eamonn Deacy Park 7.45 pmFri. 6 July            Galway United v Athlone Town      Eamonn Deacy Park 7.45 pmSat. 14 July          Cobh Ramblers v Galway United     St. Colman’s Park 7.45 pmFri. 20 July          U.C.D. v Galway United     The UCD Bowl 7.45 pmFri. 27 July           Galway United v Cabinteely  Eamonn Deacy Park 7.45 pmFri. 3 August        Drogheda United v Galway United     United Park 7.45 pmFri. 3 August        Shelbourne v Cobh Ramblers    Tolka Park 7.45 pmFri. 3 August        U.C.D. v Cabinteely  The UCD Bowl 7.45 pmFri. 3 August        Finn Harps v Wexford     Finn Park 8.00 pmSat. 4 August       Longford Town v Athlone Town      City Calling Stadium 7.30 pmMONDAY 5 AUGUST – EA SPORTS CUP SEMI-FINALSWEEKEND ENDING SUNDAY 12 AUGUST – IRISH DAILY MAIL FAI CUP FIRST ROUNDFri. 17 August      Galway United v Longford Town    Eamonn Deacy Park 7.45 pmWEEKEND ENDING SUNDAY 26 AUGUST – IRISH DAILY MAIL FAI CUP SECOND ROUNDFri. 31 August      Finn Harps v Galway United     Finn Park 8.00 pmWEEKEND ENDING SUNDAY 9 SEPTEMBER – IRISH DAILY MAIL FAI CUP QUARTER-FINALSFri. 14 September       Galway United v  Wexford     Eamonn Deacy Park 7.45 pmSATURDAY 15 SEPTEMBER – EA SPORTS CUP FINAL     Sat. 22 September         Shelbourne v Galway United     Tolka Park  7.45 pmWEEKEND ENDING SUNDAY 30 SEPTEMBER – IRISH DAILY MAIL FAI CUP SEMI-FINALSFIRST DIVISION PROMOTION/RELEGATION PLAY-OFF SERIESFri. 5 October       4th placed First Division club v 3rd placed First Division clubMon. 8 October    3rd placed First Division club v 4th placed First Division clubFri. 12 October     Winner of 4th v 3rd Play-off v 2nd placed First Division clubFri. 19 October     2nd placed First Division club v Winner of 4th v 3rd Play-offPROMOTION/RELEGATION PLAY-OFF FINALMon. 29 October  Winner of First Division Play-off     series v 9th placed Premier Division clubFri. 2 November   9th placed Premier Division club v Winner of First Division Play-off series(Or Wed. 7 November if one or both of the Clubs qualify for the Irish Daily Mail FAI Cup Final)SUNDAY 4 NOVEMBER – IRISH DAILY MAIL FAI CUP FINAL – AVIVA STADIUM Galway United will be at home for their first game of the season on Friday the 23rd of February when Athlone Town will visit Eamon Deacy Park followed by two away games to Cobh Ramblers and UCD. print WhatsApp Facebook Twitter Emailcenter_img Fri. 30 March      Galway United v Longford Town    Eamonn Deacy Park 7.45 pmMONDAY 2 APRIL – EA SPORTS CUP SECOND ROUND           Fri. 6 April           Finn Harps v Galway United     Finn Park 8.00 pm United’s Fixtures in Full are….Fri. 23 February   Galway United v Athlone Town      Eamonn Deacy Park 7.45 pmSat. 3 March         Cobh Ramblers v Galway United     St. Colman’s Park 7.45 pmMONDAY 5 MARCH – EA SPORTS CUP FIRST ROUND    Fri. 9 March         U.C.D. v Galway United     The UCD Bowl 7.45 pmFri. 16 March       Galway United v Cabinteely  Eamonn Deacy Park 7.45 pmFri. 23 March      Drogheda United v Galway United     United Park 7.45 pmlast_img read more