Talos Energy Emerges Stronger After Merger

A merger that took place between Talos Energy Inc. and Stone Energy last May caused shockwaves to resonate throughout the oil and energy production industry. Both companies have operated independently in the oil and gas industry and have a history of expert asset management and development. When Stone Energy was forced to file for bankruptcy in late 2016, the road was paved for the efforts of the entities to be joined under the umbrella of Talos Energy. Tim Duncan, Talos Energy CEO, says that the merger will be beneficial to shareholders due to the new company’s increase in both scale and liquidity. Duncan also expressed the joy he felt at getting the deal done after so many of his peers openly doubted the merger decision.

Many thought that the deal was a bad idea for Talos Energy Inc. due to the large size of Stone Energy and the financial woes the company was currently experiencing. The merger was further complicated by the devastation that Hurricane Harvey brought to the greater Houston area just as the merger negotiations were reaching their peak. In fact, Duncan and his family were forced to evacuate by way of a FEMA boat as the flood waters from the storm rendered all roads to and from his Kingwood, Texas home completely impassable. Once assuring the safety of his family in Alabama, Tim Duncan returned to Houston, taking up temporary residence at the home of his parents who had fared a little better from the storm.

Tim Duncan set up a makeshift office in his parents’ kitchen and the negotiations that were interrupted by the fury of mother nature began again. A few months later, these negotiations were completed and the new Talos Energy was born. The result of the merger is that Tim Duncan is now the chief executive officer of a company that boasts of annual revenue reaching $900 million. The company will also have the use of the public listing that had been enjoyed by Stone energy and the company balance sheet should also excite shareholders as the company is encumbered by $700 million currently to go along with $2.3 billion in assets.

As CAO of InnovaCare Health, Penelope Kokkinides Is a Leader In Areas of Executive Leadership In Healthcare and Policy. 

Chief Administrative Officer (CAO) of InnovaCare Health, Penelope Kokkinides brings strong leadership in areas of healthcare policy and executive leadership. Since returning to InnovaCare Health as a prior employee in 2015, she has teamed up with President and CEO, Dr. Rick Shinto, and other key executives to provide quality leadership at InnovaCare.


Dr. Shinto has worked directly with CAO, Penelope Kokkinides over the last few years. Both Shinto and Kokkinides believe in creating policy and initiatives that will ultimately provide best-in-class medical care for patients who rely on InnovaCare Health and its subsidiaries for its health plans. Ms. Kokkinides and Dr. Shinto have both focused on the future of healthcare policy and how it directly affects both the people living in Puerto Rico and many residents of the U.S.


For a well-known healthcare company like InnovaCare Health, they genuinely strive to provide the best medical support they can for beneficiaries located in Puerto Rico and in the U.S. InnovaCare Health, which has its corporate headquarters in Fort Lee, N.J. Chief Executive Officer of InnovaCare, Inc., Dr. Rick Shinto, has been in operational healthcare and clinical areas of the managed care milieu for many decades. He has also been a practicing doctor.


Dr. Shinto’s resume includes executive roles at Medical Pathways Management Company, MMM Healthcare Inc., North American Medical Management, PMC Medicare Choice, Inc., and Aventa Inc.


Regarding Kokkinides executive experience, she once held the role of Chief Operating Officer (COO) of Aventa, Inc from 2006 to 2012. Ms. Kokkinides has also held the position of Corporate Vice President (CVP) at AmeriChoice. Kokkinides was also responsible for the Care Management and Disease Management sector while at UnitedHealth Group. Penelope Kokkinides held an important role concerning UnitedHealth’s new implementations. She created and also helped to implement this healthcare model at UnitedHealth, Inc. Moreover, Kokkinides has also been the COO at Touchstone Health HMO, Inc.


Because of her extraordinary executive leadership in the healthcare sector, Kokkinides was invited to meet with the President of the United States in April 2017. Seven other women joined Kokkinides as part of a Women in Healthcare panel. A meaningful discussion regarding the role of women in healthcare occurred at the White House. While Kokkinides was at the White House, Kokkinides addressed President Trump and the Administrator for Centers for Medicare and Medicaid Services (CMS), Seema Verna about increasing federal funding for Medicare Advantage in Puerto Rico.


Luiz Carlos Trabuco Pensive On Privatization Of Pension Fund

On October 6, 1951, in Marília, São Paulo, a man was born, but nobody could foretell his destiny. Luiz Carlos Trabuco has risen to become the leading figure in the banking industry not only in Brazil, but he is also recognized worldwide. His career at Banco Bradesco S.A. began in 1969, and he rose through the ranks by servicing in all capacities in the firm.

He has been the Chairman of the Board of Banco Bradesco since October 3, 2017, after serving as Chief Executive Officer from March 10, 2009, to March 12, 2018. He has a Masters in Philosophy with a postgraduate degree in Social Psychology at Fundação Escola de Sociologia e Política de São Paulo. His career spanned 48 years ago, and his entire professional life has been spent in the Bradesco Organization. He is not only Chairman of the organization, but he holds other executive positions in subsidiaries of the Bradesco portfolio.

Luiz Carlos Trabuco has a record of accomplishments that speaks for itself. Luiz Carlos Trabuco began by making significant changes in the most critically ailing departments according to folha.uol.com.br. The first thing he had to deal with when he took over the establishment was to solve the crisis in the pension system that was the blame for the financial crisis that had plagued the company.

Read more: Bradesco anuncia substituto de Trabuco

To massage societal appreciation many leaders opt to maintain the status quo, but though he faced hostility for the policies he introduced, Bradesco has risen to be a global leader in finance. Other than introducing changes to reform the pension system, he has been assembling a team to lead the company towards further growth. As bank executive he does not believe in authoritarian leadership and instead of handling all decisions on his own, he encourages every member of the institution to have at least some say in the major decisions, and this leads to further prosperity of the company over the long haul. He also has been encouraging bank administrators to be more autonomous and rarely gets involved in departmental issues unless invited.

The first thing that Luiz Carlos Trabuco did, when he took over, was to initiate several brainstorming sessions where he gathered information on why the bank was not only losing profits, but it had also lost its position as a market leader. The idea of mergers with smaller financial institutions appealed to him as a way of not only increasing the asset base of the institution but also increase the stock value of the bank according to istoedinheiro.com.br. He is credited with the acquisition of numerous institutions, but his brightest star was the way he handled the merger between HSBC Brazil and Banco Bradesco at a cost that was deemed the most expensive merger on the planet at the time. His sparkling leadership at Bradesco has led him to be a hot pick in, not only on Wall Street, but the government also consulted him on various issues especially on pension reforms to cut government expenditure on public utility, his policies are set to revamp the financial crisis that has bedeviled Brazil lately.

Search more about Luiz Carlos Trabuco: https://g1.globo.com/economia/noticia/conselho-do-bradesco-escolhe-octavio-de-lazari-junior-para-substituir-trabuco-como-ceo.ghtml

Jeff Herman: A Refuge for Children

An American trial lawyer, Jeffrey Herman was born in 1959. He specializes in the representation of victims of sexual exploitation. Herman is known to expose sexual predators in the United States and unearthing the institutions defending them from justice. In 1985, Herman received his Juris Doctorate from Case Western Reserve University School of Law and began practice the same year in Florida. The idea of Herman Law came to be after Herman worked on a case in 1997 where a four-year-old autistic son was abused in school. After his investigation, Jeff found that a pedophile hired at the school had sexually abused the boy.

After the case he worked on in 1997, Herman was concerned and devoted his proficient career to dealing with cases of sexual abuse. Most people accused of such malpractices are protected by the institutions they work in, and he became committed to making sure that they are held accountable. According to Herman, these institutions which include schools, churches among others disregard the safest choices of the children who matter most. Jeff bridges the gap by filing suit and litigating affairs in civil court giving victims a voice hence putting an end to such actions.

Herman expresses the need for parents to talk to their children about sex crimes and predators. In his article, he says that nearly all child predators acknowledge taking advantage of a child for they don’t know what sex is. In this way, it becomes easy to trap, control and groom their victims. Shielding children from sexual harassment could be impossible even for the best parent hence keeping open the lines of communication and educating children would be the best approach to this nightmares.

In November 2011, Herman on behalf of a client sexually abused by a Roman Catholic priest in Miami Father Neil Doherty made history in the United States where he got 15 years imprisonment. Herman directs parents on the specific course of action where he puts that communication is the vital tool. The internet is the fast hub for pedophiles hence parents should ensure regular access to their children’s electrical devices. Also, they should monitor their interactions and messages.

Additional Information on Jeff Herman:

Jeff Herman Talks Law And Life


Roseann Bennett- Positively Changing the Family System

Roseann Bennett boasts of being an accomplished family and marriage therapists with roughly ten years of offering incomparable services. She helps families and couples from diversified life through their challenging life problems as their in-home family therapist. Roseann Bennett core duties are in individuals, family and marital therapy, treatments planning, crisis’s management and case management. She primarily devotes her working life around New Jersey and exclusively in Warren, Hunterdon and Somerset Counties dealing with families and also adolescents.

Roseann Bennett is renowned for her compassionate therapy methods using several background assessments hence providing her clients with effective’s solutions. She has regularly maintained blogs that educate women on their mental health at home and workplace. And in 2009 she established the Centers for Assessments and Treatments, and it opened its doors to the public in 2010. The Center central core is helping people who have different life struggles both externally and internally that are exceeding their control, and it’s a charitable organization devoted to advocating and treating families and individuals and especially those from the marginalized communities.

Roseann Bennett starts her day solving her clients problems, and the process is non-stop giving her his most significant life assets helping others. Roseann is responsible for direction, leadership, and coordination of all activities at the Center making her the integral player. She prepares the Agency budgets and helps in the maintenance of its adequate system that allows for daily and proper accounting. Additionally, Roseann Bennett maintains her clinical caseloads since she loves connecting and assisting individuals to and her work also varies from developing programs to the writing of agency policies to more mundane daily tasks.

Roseann is a family and marriage therapist and believes that being productive is paying intense attention coupled with pondering the idea and revisiting the final decision. She states in assessing of risks and coming up with a sustainable idea what is practical within her scope of practice and being passionate about the concept makes it germinate. Roseann Bennett went to Seton Hall University for her masters in Psychological science and obtained specialized education in Family and Marriage therapy.

More on Roseann Bennett:

Roseann Bennett, LFMT, Looks at the Future of Therapy: Is Telemedicine Taking Over?

Fortress Investment Group Spreads Its Wings beyond Borders

Fortress Investment Group was started as a private equity and alternative asset investment company. The firm grew to become one of America’s most respected and successful asset investment companies. It handles credit and liquid hedge funds. Fortress Investment Group is managed by Wes Edens, its CEO and Peter Briger who is a Co-Principal, just like Wess Edens. The company has spread its wings beyond the US borders and has caught the eye of some eligible suitors in the recent past. Fortress Investment Group manages assets on behalf of over 1500 public and private clients. It has developed an investment advisory program that focuses on the needs of its clients so as to provide the most satisfactory service.

SoftBank Purchases Fortress Investment Group

The Japanese technology giant, SoftBank, recently completed the purchase of Fortress Investment Group. The executives of the two firms confirmed that they have completed the talks and that the deal is now sealed. In the arrangement, SoftBank has acquired Fortress Investment Group at a cost of $3.3 billion. The Softbank management says that they have met all required conditions and followed the requisite procedures. Following the successful purchase, therefore, all Fortress shares have been withdrawn from trading independently on the NYSE. Softbank now owns all of the shares that were owned by Fortress, including those of the companies that were run by Fortress Investment Group.

Peter Briger says that Fortress completed all processes and that they were granted the approval of the shareholders before executing the deal. SoftBank says that Fortress will continue operating independently. SoftBank observes that the only difference will be that the financial report will be incorporated into the one issued by SoftBank at the end of every financial year. Therefore, no one lost their jobs at Fortress as a result of the acquisition. Furthermore, the SoftBank management points out that the group is impressed with the new acquisition. They say that Fortress Investment Group is highly skilled in the investment segment and that SoftBank will improve its investment portfolio as a result of the deal. Fortress is highly diversified, which means it has spread out its risk in such a way that it easily handles its business setbacks.

Fortress in the 2010 Winter Olympics

In 2010, Fortress Investment Group having diversified its investments and investment services, nearly stopped the 2010 winter Olympics from taking place; owing to a debt that the organizers of the event in Canada were delaying to pay. Many Canadians could not understand how and why Fortress was in the picture. It turned out that Fortress Investment had bailed out a couple of resorts and hotels along the strip that the Winter Olympics were to be held. So it had legal control over them. Fortress, for instance, had gained the control of Whistler Blackcomb Resort where the events were to be held.


Ricardo Tosto is a reputable lawyer and entrepreneur who have been influential in his country. Being one of the greatest law developers in Brazil, he has been involved in many law-related establishments that have changed the state in a large dimension. Other than his involvement in law, he is also a business strategist. His experience and skills are evident in his works which include his working for companies in business litigation for years as well as the defense of cases for many companies and personalities.

The establishment of his office paved the way for his possibility to deal with more legal issues in the country. For instance, he was involved in the development of multi-national groups for politicians whose interests differ. Moreover, Ricardo Tosto was in the forefront when developing the laws to govern the economy. The laws outlined have resulted in positive changes and growth as they were incorporated into daily business activities.

Ricardo Tosto’s law firm has created an impact in the production of effective laws. The achievement is attributed to the group of workers who are skilled and knowledgeable and at the same time understand the need for teamwork. Furthermore, he has worked with other professionals to ensure good laws have been implemented. For instance, his project with Milk and Barros to make the Brazilian law eligible to have a technical exchange with foreign lawyers as well as to resolve issues related to assets.

Through its collaboration, many cases have been resolved and laws implemented. For example, Ricardo Tosto recently had the privilege to solve and outline laws governing marriage and a third party in the same marriage. The problem was the distribution of assets where all the parties claimed to have a right to own. However, the Superior Court of Justice annulled the possibility of all wanting the assets since the ex-wife complained. She claimed to have assisted in the acquisition of the assets and is not legally divorced.

According to Ricardo Tosto, the ex-wife has a right to possession since they are still recognized as a couple by the law. However, if the current wife proves otherwise, the case can be reconsidered to her advantage. The bill, however, states that the one who acquired the assets should be the one to possess.


Financial Problems Are No Problem With The Help Of Southridge Capital

There are many thousands of people in the world that have faced the grim situation of falling into debt and filing for bankruptcy. Southridge advocates that anyone in a financial crisis should contact a financial solutions company that has a good reputation to help them build a financial strategy for success. Southridge Capital has been personally helping clients throughout Connecticut for decades, and have built such a good reputation that clients from all over the country come to them for their services today, mostly corporations. Southridge has helped hundreds of companies over the years overcome their financial struggles and has helped many more through investments totaling more than 1.8 billion dollars. Since 1996, Southridge Capital has been dedicated to improving others financial futures.


The professionals backing Southridge Capital have decades worth of cumulative experience under their belts, which has allowed them to help virtually all clients that walk through their doors. Though their main office is in Connecticut, Southridge will help clients wherever they come from if they need financial help. Financial solution companies are here for a reason, and given how common it is for people of all classes to have financial trouble, the industry will only continue to grow in the future. Debt is one of the most difficult burdens to overcome financial and at Southridge, clients can get on track for overcoming their debt right away with individualized strategies for their specific financial situations.


Southridge Capital urges people to seek aid before letting things get too bad. According to Southridge, often times many clients have come to them when it is too late to turn things around entirely and instead the client must get out of debt and start over. Many financial solutions companies out there will work with clients that are in dire situations, and often time payment plans can be discussed after a solution is found for turning around a financial situation. You can check out their facebook and twitter account for more.


Reliable financial services offered to assist any company to achieve their goals

A company that is based in Dallas that deals with the financial services announced that they had completed the private placement of $ 54million of the fixed rate of the company that subordinated notes of individual high net worth investors. The NexBank capital has the intention of using the proceeding of the offering gotten for general corporate. With the closing, there is a debt of $283 million that NexBank has been able to raise, apart from the debt there is the equity since 2016. For five years that’s when the notes are non-callable, and they have stated that they will mature on September 30, 2027. In the cause of those five years, the notes will still be bearing interest of a fixed rate of 6.375%. There is no way that the notes have been registered in the Security Act and that’s the reason why they might not be sold or offered in the United States.

The way Nexbank will be able to offer services to its clients is by mortgage banking, commercial banking, and institutional banking. It will provide corporations with the customized banking and financial services. The goal that Nexbank have is that they will be able to give their client value that they are not common to them. Nexbank will provide their clients access to a solution that is sophisticated that are professionally delivered to the clients. That’s why the company has been able to maintain clients all over the United States.

Nexbank is keen is creating room for a long-term relationship with clients. The workers at Nexbank will provide solutions that are customized to fit the needs of the customers as they rise so that the customers can be able to empower their businesses. The funding is something that can be relied on, delivered on time and the solution offered is flexible. For the clients that are busy, they can use the online banking that is provided by Nexbank its flexible and the client can manage the finances at any given time. The online banking with provide services like transfer of money between accounts, pay the bills and check the transaction history.

Randal Nardone’s Investment Career Journey

Randal Nardone graduated with a B.A in English and Biology from the University of Connecticut and earned a J. D. from Boston University School of Law. Randal is a 62 years Principal, Director, Co-Founder, and CEO of Fortress Investment Group LLC. He was instrumental in founding branches affiliated with Fortress Investment Group such as Fortress Macro Advisors LLC and FM Falstaff Advisors LLC. Randal serves as an associate of FOE II (New) LP and, the Secretary and CEO at Impac Commercial Holdings, Inc. Other offices he holds are secretary & Deputy President of Newcastle Investment Holdings Corp. Randal served as interim CEO from December 2011 to July 2013 and was appointed Chief Executive Officer in August 2013.

Randal Nardone serves on the Boards of the following firms:

  • Florida East Coast Railway Corp
  • Fortress Investment Group LLC
  • Seacastle
  • Springleaf REIT, Inc.
  • Eurocastle Investment Ltd
  • Florida East Coast Holdings Corp

Before co-establishing Fortress in 1998, Randal Nardone worked as the MD of UBS between 1997 and 1998. Before that, he was employed as a principal of BlackRock Financial Management, Inc. Before joining BlackRock, he was a member and partner of the executive committee at Thacher Proffitt & Wood law firm.Randal Nardone joined the Fortress Board of Directors in 2006 and serves in the Management Committee of the firm as a member since the company was founded in 1998. He is a director of Eurocastle Investment Limited.He says that SoftBank acquisition of Fortress is a right step due to slowed private equity investments, and is part of a strategic plan to raise business and bring significant benefits to investors. He observed that optimism had been raised since the agreement was enforced and will accelerate Fortress business at a faster rate, increasing its credit in the public markets.

Previous positions include:

  • An affiliate of the board of directors of Alea Group Holdings (Bermuda) Ltd (July 2007 – September 2014)
  • GAGFAH S.A (September 2006 – June 2014)
  • Brookdale Senior Living, Inc. (January 2011 – June 2014)
  • Director SeaCube Container Leasing Ltd. June 2007 to January 2008)
  • Secretary of Newcastle Investment Corp. (Drive Shack Inc.) (June 2002 – September 2016)
  • Chief Operating Officer, Portfolio Manager and Secretary of RIC Coinvestment Fund LP

He is highly regarded for his private equity finance, extensive credit, and management skills. Randal Nardone enjoys a vast experience as a director and an officer of public firms and deep familiarity with our Fortress Investment Group.

Source of the article : http://www.marketswiki.com/wiki/Randal_A._Nardone