Business

French Quarter Business Owner Sues Mayor Cantrell Over $73 Million Sanitation Shakeup: Claims New Contractor Lacks Capability

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NEW ORLEANS — A local business owner has taken legal action against Mayor LaToya Cantrell regarding the future sanitation services in the French Quarter. Daniel Conwill, the owner of Felix’s Restaurant and Oyster Bar, contends that the mayor lacks the authority to unilaterally execute a $73 million sanitation contract. In his lawsuit, Conwill argues that Henry Consulting, the company awarded the contract, does not possess the capabilities necessary to handle the job effectively. Mayor Cantrell has announced that Henry Consulting will begin cleaning operations in August, terminating the existing emergency contract held by IV Waste. … Read more

Business Groups Challenge Iowa Pharmacy Law as Legal Battle Looms Just Days Before Implementation

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DES MOINES, Iowa — A coalition of business organizations has initiated legal action just days before a controversial state law regulating pharmacy benefit managers is set to take effect. The lawsuit, brought forth by the Iowa Association of Business and Industry, the Iowa Bankers Benefit Plan, the Iowa Laborers District Council Health and Welfare Fund, Des Moines Orthopaedic Surgeons PC, and Iowa Spring Manufacturing & Sales Co., seeks to block the implementation of the new law. The legislation, known as Senate File 383, was passed during this year’s legislative session and aims to reform practices … Read more

Armenian Business Tycoon Samvel Karapetyan Faces Serious Charges Amid Church-State Tensions

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Yerevan, Armenia – Samvel Karapetyan, a prominent businessman and founder of the Tashir Group, faces serious allegations of inciting a power seizure in Armenia. His legal representatives confirmed the charges, stating that Karapetyan firmly disputes the accusations against him. His attorney, Armen Feroian, announced to the media that the Investigative Committee of Armenia has requested a court order to detain Karapetyan. The tensions began to escalate after he publicly supported the Armenian Apostolic Church amid rising disputes between certain clergy members and government officials. On June 17, Karapetyan expressed his solidarity with the Church during … Read more

"Behind the Scenes of Corporate Governance: How Board Secretaries Are Shaping Business Success"

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MADRID, Spain — The role of the board secretary is increasingly crucial in navigating the complexities of corporate governance, according to Pablo García Montañés, newly appointed president of the Spanish Association of General Secretaries and Board Secretaries (ASES). Montañés, who also serves as general secretary at Grupo Andbank and chairs multiple financial firms, emphasizes that this position extends beyond traditional administrative duties. As corporations face heightened regulatory scrutiny, the scope of the board secretary’s role morphs into a strategic one, essential for maintaining compliance and ensuring smooth operations within governance structures. Montañés, who was elected … Read more