| Credit One Financial Services, New Debt Consolidation Company ...
NEWARK, Del.--(BUSINESS WIRE)--Credit One Financial Solutions (www.creditonefs.com), a new financial services company formed by five former MBNA executives, held a Grand Opening today attended by Gov. Ruth Ann Minner. The new company, which already employs 51, offers debt consolidation solutions to responsible consumers with prime credit. At a ribbon-cutting ceremony today, the company said market demand for its products would result in a doubling of its workforce by the end of next year. "We see a real need among financially responsible consumers who want to consolidate their debt in a way that saves them money and enables them to pay off their debt faster," said Joseph DePaulo, Chief Executive Officer of Credit One Financial Solutions. "Unlike many traditional debt consolidation providers, Credit One can grant an immediate loan approval over the phone, allowing a customer to have his or her debt consolidated into a Personal Line of Credit by the time they hang up the phone." DePaulo said a Credit One Personal Line of Credit had two advantages over the better known method of transferring debt to a new credit card.
Compu-Call and Source Technologies Alliance Creates One-Stop Shop ...
CHARLOTTE, N.C.--(BUSINESS WIRE)--Source Technologies, a leading provider of integrated solutions for managing financial transactions and other secure business processes, announced its partnership with Compu-Call, IBM's largest printing systems distributor. As a partner, Compu-Call will now serve as a distributor for Source Technologies' line of IBM magnetic ink character recognition (MICR) printers. "At Compu-Call, we understand the importance of service and believe that good business partners not only listen, but also offer options that ensure excellent customer service," said Matthew Moylan of Compu-Call. "By partnering with Source Technologies, the leading provider of IBM MICR printers, we now offer the most reliable and secure printers available across the industry." Source Technologies' line of IBM MICR printers allows for print speeds of up to 50 pages per minute and has numerous security features including audit trail reporting, lockable paper tray options, software and hardware password controls and MICR toner sensing.
Directors Not Liable for the Misrepresentations of Their Agents ...
Judge Kessler of Division One just handed down another one of his massive opinions (this is not a criticism, just an observation). He seems to be a prolific writer and, my guess, a prolific reader as well. The case, Dawson v. Withycombe, marks another important milestone in the development of Arizona's corporate law. It follows in the footsteps of Wells Fargo Bank v. Arizona Laborers, Teamsters and Cement Masons Local No. 395 Pension Trust Fund, 201 Ariz. 474, 38 P.3d 12 (2002) and Standard Chartered PLC v. Price Waterhouse, 190 Ariz. 6, 945 P.2d 317 (App. 1996) and, similar to those opinions, the Dawson opinion spans almost seventy pages and addresses and an astonishing number of issues on appeal. Naturally, some are more important than others, but the following represents the highpoints.
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