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Police in Derry make two further drugs arrests

first_img Google+ Homepage BannerNews Facebook WhatsApp Main Evening News, Sport and Obituaries Tuesday May 25th Facebook 365 additional cases of Covid-19 in Republic Twitter Police in Derry make two further drugs arrests WhatsApp Google+ A man and a woman have been arrested in Derry on suspicion of the importation of a Class B drug, cannabis.They were detained in the Upper Galliagh Road area on Monday afternoon.They were also arrested on suspicion of attempted possession of a Class B drug, and attempted possession with intent to supply.They remained in custody overnight.Chief Inspector Tony Callaghan, the Foyle area commander, said Monday’s arrests were the latest for suspected drugs offencesThree other arrests were made over the weekend.A 39-year-old man has been charged with drugs offences following an incident in Derry at the weekend. Police made an arrest when officers were called to Kingsmere Gardens on Sunday afternoon.The man was charged with possession of Class A and Class B drugs, as well as making threats to kill and threats to damage property.And a 41-year-old man is to be reported to the Public Prosecution Service for allegedly possessing a Class B drug at Ballycanice Close, Eglinton, on Saturday evening.An 18-year-old man was arrested on suspicion of possessing a Class A drug and possessing it with intent to supply.The alleged offence was detected by police Tactical Support Group officers at Strand Road on Friday night (19th). A quantity of suspected ecstasy was seized and the man was later released on bail pending further enquiries.A 20-year-old man has been charged with burglary and common assault.The charges follow an arrest at Glenabbey Drive in the early hours of Saturday, 20th.center_img Man arrested on suspicion of drugs and criminal property offences in Derry 75 positive cases of Covid confirmed in North Previous articleAway ties for Harps and Derry as FAI Cup Semi-Final draw is confirmedNext articleCllr calls for Neighbourhood Watch Scheme after spate of break-ins admin RELATED ARTICLESMORE FROM AUTHOR Pinterest By admin – September 23, 2014 Twitter Pinterest Further drop in people receiving PUP in Donegal Gardai continue to investigate Kilmacrennan firelast_img read more

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Pension funds have ‘fiduciary duty’ to join class action lawsuits

first_imgSubmitting a passive claim after a successful class action suit is becoming a fiduciary duty for asset managers and pension funds, experts have argued. Anatoli van der Krans, senior adviser for responsible investment and governance at the €90bn asset manager MN, said: “Such a claim is not only about financial compensation but also about improving corporate governance, which could find its reflection in improved shareholder value.”He was speaking at a congress, held by IPE sister publication IPNederland, about legal discourse in the Dutch pensions sector.Van der Krans’s views were echoed by David de Villiers, senior counsel for Shell Asset Management Company (SAMCo), asset manager for the €21bn pension fund of Shell Netherlands. De Villiers underlined the importance of having an effective class-action programme.In the opinion of the MN adviser, actively submitting a claim was one step further, “as this requires a totally different involvement and expertise”.He said he considered a lawsuit to be an “ultimate remedy”, after voting at shareholder meetings or engaging in dialogue with a company.Pensions expert Peter Kraneveld added: “A lawsuit is an instrument for risk management. It also shows that one is acting for the interest of a pension fund’s participants.”In the opinion of Guus Warringa, legal affairs chief at the €346bn asset manager APG, many pension funds are too passive in taking on companies for damages.He argued that a lawsuit did not require much in the way of resources, and that both the economic and legal risks rested with the lawyers.Jeroen van Kwawegen, a claims lawyer at Bernstein Litowitz Berger & Grossmann, pointed out that, in the US, a judge decides whether a lawyer’s fee is reasonable, and that the institutional client was also entitled to such a check.“And with a ‘no-win, no-pay’ approach, the fee, as a percentage of a successful claim, decreases the larger the amount involved becomes,” he said.Frank Kroes, partner at law firm Baker & McKenzie, said the fee in a no-win, no-pay case could vary between 20% and 35%.During the congress, the attending pensions professionals agreed that the legal discourse in the Dutch pensions sector was increasing through a rising number of legal procedures and growing interest for legal backing.However, the legal experts said there were hardly any signs of an emerging claims culture such as that found in the US.last_img read more

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