Latest news with #Commercial
Gulf Today
2 days ago
- Gulf Today
Al Ain woman takes Dhs23,500 for selling car, refuses to handover vehicle or refund money to buyer
Al Ain Court for Civil, Commercial, and Administrative Cases ordered a woman to pay a man Dhs23,500. The woman reportedly had advertised a car for sale on social media and after the man paid the full amount without completing the registration transfer, she refused to hand over the car or refund the money. The details date back to the time when a man filed a lawsuit against a woman, demanding she return Dhs23,500 along with fees and expenses. The plaintiff stated that the appellee advertised a vehicle for sale on social media and after agreeing on the deal, he transferred the amount as an advance payment, but she neither delivered the vehicle nor refunded the money. The plaintiff submitted evidence, including screenshots of their conversations and a bank transfer receipt, with the court documents. The court required the plaintiff to take an oath, swearing that the appellee owed him Dhs23,500 due to her failure to fulfill the verbal sales agreement for the vehicle. He attended the hearing, took the oath, and thus completed the evidence for the case. The court then ruled that the appellee owed the man Dhs23,500 which the court ordered her to repay him.
Yahoo
4 days ago
- Business
- Yahoo
21 FICS® Customers Featured in Mortgage Bankers Association's 2024 Year-End Rankings of Top Commercial/Multifamily Servicers
DALLAS, May 29, 2025--(BUSINESS WIRE)--FICS® (Financial Industry Computer Systems, Inc.), a leading provider of mortgage loan origination software, residential servicing software, and commercial servicing software solutions, proudly announces that 21 of its customers have earned recognition in the Mortgage Bankers Association's (MBA) Year-End 2024 Commercial/Multifamily Real Estate Mortgage Servicer Rankings. The MBA releases its rankings annually, showcasing data on the volume of loans serviced, which includes categories such as primary, master, and special servicing. The rankings categorize servicing firms based on total servicing volume and servicing for specific investor groups, including CMBS, life insurance companies, Fannie Mae® and Freddie Mac®, FHA, and others. This year's list recognized 83 companies across 16 categories. FICS' Commercial Servicer® plays a pivotal role in helping customers manage their commercial loan portfolios with precision and efficiency, as demonstrated by their strong representation in the MBA rankings. Commercial Servicer is a comprehensive software solution that automates and streamlines data flow for commercial loan servicing, specifically designed for complex structured loans including commercial real estate, multi-family, construction, and equipment loans. The platform's robust API capabilities enable users to schedule and automate virtually every program, report, and interface in the system, significantly reducing manual workload and eliminating costly human errors. Goedecke & Co., LLC, an FICS customer headquartered in Boston, was included in MBA's list of top commercial servicers for Year-End 2024. Working with FICS since 2003, Goedecke & Co., LLC uses Commercial Servicer and Commercial Accountant® to service primarily insurance company loans. "FICS has been a trusted partner for more than two decades, and their Commercial Servicer software plays a critical role in our daily operations," said Christine Morrell, Principal at Goedecke & Co., LLC. "The ability to efficiently track and post debt service payments, especially through batch postings, and the My Work List function help our team stay organized and productive. Most importantly, the responsive and knowledgeable customer support from FICS gives us confidence that we can continue delivering top-tier service to our clients." "Having 21 of our customers earn recognition in the MBA's Year-End 2024 Commercial/Multifamily Real Estate Mortgage Servicer Rankings demonstrates the competitive advantage our Commercial Servicer platform provides," said Susan Graham, president and COO of FICS. "These results reflect our customers' ability to scale their operations efficiently while maintaining the highest standards of service. Our commitment to continuous innovation and robust customer support empowers servicers to navigate complex regulatory environments and deliver exceptional results for their clients." About FICS® FICS® (Financial Industry Computer Systems, Inc.) is a leading mortgage software company specializing in flexible, cost-effective, in-house mortgage loan origination, residential mortgage servicing, and commercial mortgage servicing software for mortgage lenders, housing agencies, banks, and credit unions. FICS' software solutions provide customers the flexibility to choose an in-house or cloud hosting solution. The company also provides innovative document management, API, and web-based capabilities in its full suite of products. Visit for more information about our exceptional mortgage software solutions. View source version on Contacts David Jones678-781-7238david@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
5 days ago
- Business
- Yahoo
Ziegler Advises Integrated Medical Services On Partnership with Privia Health Group
Ziegler, a specialty investment bank, is pleased to announce its role as exclusive financial advisor to Integrated Medical Services (IMS) on a partnership with Privia Health Group. CHICAGO, May 28, 2025 /PRNewswire-PRWeb/ -- Ziegler, a specialty investment bank, is pleased to announce its role as exclusive financial advisor to Integrated Medical Services (IMS) on a partnership with Privia Health Group. IMS is one of the largest, independent multi-specialty practices in Arizona, with approximately 70 physicians and advanced practice providers caring for patients in 21 locations across the Phoenix market. The group manages over 28,000 attributed lives in a variety of value-based care arrangements across Commercial, Medicare, Medicare Advantage, and Medicaid. IMS is partnering with Privia Health to execute on a shared vision to build a scaled private practice provider network in Arizona. With this transaction, IMS will serve as the anchor practice for Privia Medical Group—Arizona and will continue to be physician-owned and operate with significant clinical autonomy. Privia Health is one of the largest physician enablement companies in the United States with a presence in 15 states and the District of Columbia and is now providing a compelling new alternative for independent providers across the state of Arizona to care for all patients regardless of the reimbursement model. "Ziegler was a trusted partner and advisor during the entire process. Their experience and market knowledge were invaluable and allowed us to have an in-depth understanding of the transaction process, and most importantly, to achieve our desired results. The Ziegler team's guidance and thoughtful approach delivered a highly successful outcome and best positioned our group for continued growth. We were able to identify an exceptional partner in Privia, an organization that shares our group's values and mission to transform healthcare delivery," stated Riyaz Sumar, MD, President of IMS. "IMS has established itself as a high-performing physician group that is differentiated by its collaborative delivery of multi-specialty care. This partnership with Privia Health will expand access to best-in-class resources and expertise to further enhance IMS' success in advanced care models, as well as continue to demonstrate the benefits of physician leadership and clinical autonomy to drive independent practice growth," added Drew Braucht, Director in Ziegler's Healthcare Investment Banking practice. Ziegler's Healthcare Investment Banking team is focused on delivering best-in-class advisory and financing solutions for companies and organizations across the healthcare industry. In our core practice areas of healthcare services, information technology, hospitals, and senior living, Ziegler is one of the most active M&A firms offering differentiated sell-side, buy-side, recapitalization/restructuring, equity private placement, and strategic partnering services. For more information about Ziegler, please visit us at About Ziegler: Ziegler is a privately held investment bank, capital markets, and proprietary investments firm. Specializing in the healthcare, senior living and education sectors, as well as general municipal and structured finance, enables Ziegler to generate a positive impact on the clients and communities it serves. Headquartered in Chicago with regional and branch offices throughout the United States, Ziegler provides its clients with capital raising, strategic advisory services, equity and fixed income sales & trading and research. To learn more, visit Certain comments in this news release represent forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995. This client's experience may not be representative of the experience of other clients, nor is it indicative of future performance or success. The forward-looking statements are subject to a number of risks and uncertainties, in particular, the overall financial health of the securities industry, the strength of the healthcare sector of the U.S. economy and the municipal securities marketplace, the ability of the Company to underwrite and distribute securities, the market value of mutual fund portfolios and separate account portfolios advised by the Company, the volume of sales by its retail brokers, the outcome of pending litigation, and the ability to attract and retain qualified employees. Media Contact Christine McCarty, Ziegler, 3125961617, cmccarty@ View original content: SOURCE Ziegler
NDTV
7 days ago
- Business
- NDTV
UAE Man Fined Rs 16 Lakh For Negative Review Against Business Online
A UAE man has paid a huge price for posting disparaging remarks against a business on social media. The Al Ain Court for Civil, Commercial, and Administrative Claims ordered the man to pay the business owner Dh70,000 (approximately Rs 16.21 lakh) for inflicting financial losses. The businessman filed the lawsuit and initially sought Dh200,000 in damages for material and moral harm, court costs and legal fees. He alleged the man's remarks damaged his store's reputation and significantly reduced sales, Gulf News reported. The court acknowledged the man's remarks about the business harmed the company's reputation. The defendant was earlier found guilty in a criminal court ruling before filing a written defence asking the court to dismiss the case. He also asked the Federal Tax Authority to furnish the company's tax records to verify whether there had been a decline in sales during the period of the claimed defamation. The man also provided supporting documentation, such as images of internet conversations and a certificate of dependent status. The defendant also sought to recoup legal fees. However, the court concluded that the man had committed defamation, affirming the previous ruling. He was mandated to compensate the merchant with the designated amount. In a similar case in 2024, a man from Northern Ireland was sentenced to up to two years in prison in Dubai for posting a critical review of a dog grooming business. Belfast native Craig Ballentine was arrested on "slander" charges after he posted a critical review following a dispute with his previous employer. Ballentine lost his job and faced a travel ban for two months. He had to pay thousands of pounds to get it removed. The man then returned to Northern Ireland and wrote a critical online review outlining all of his grievances with the grooming centre and his former supervisor. Later, he was arrested while on vacation with friends in Abu Dhabi.
Hindustan Times
24-05-2025
- Business
- Hindustan Times
UAE man fined over ₹16 lakh for posting negative online review against business
A young man in the UAE has been ordered to pay Dh70,000 (approximately ₹16.21 lakh) in compensation for posting defamatory remarks on social media that damaged a business's reputation and led to financial losses, reported Gulf News. Also read: South Korean mother reunites with abducted daughter after 44 years, now suing government over illegal adoption The Al Ain Court for Civil, Commercial, and Administrative Claims delivered the verdict after the owner of a commercial establishment filed a case, stating that the man's online comments had tarnished his shop's image and caused a significant drop in sales. The claimant had initially sought Dh200,000 in compensation for both material and moral damages, along with legal expenses and court fees. According to the complaint, the man had posted harmful comments about the business on a social media platform, which the court confirmed had negatively impacted the company's reputation. The defendant had already been found guilty of the act in a previous criminal court ruling. Also read: 'Spookiest s**t ever': AI blackmails engineer over affair after being told it'll be replaced During the civil proceedings, the man submitted a written defence urging the court to dismiss the compensation claim. He also requested the Federal Tax Authority to provide the business's tax records to determine whether there had truly been a drop in sales during the time of the alleged defamation. Additionally, he submitted supporting documents, including a dependent's certificate and screenshots of online chats. Also read: Indian Harvard student fears future after Trump admin blocks international enrolments: 'I don't know where I'll go' However, the court upheld the earlier judgement and concluded that the man had indeed committed defamation. He was ordered to pay Dh70,000 to the businessman as compensation. Also read: 'I am not dead yet': Woman in China falls from 12th floor, calls husband for help from ground
