A Black French scholar and expert on U.S. minority rights movements who’s taking cost of France’s state-run immigration museum says it’s “important” for his country to confront its colonial previous in order that it could conquer current racial injustice. “The French are highly reluctant to look at the darkish dimensions of their own historical past,” Pap Ndiaye informed The Associated Press in his museum, initially constructed to display colonial exploits however now meant to showcase the position of immigration in shaping trendy France. Ndiaye was named to move France’s National Museum of the History of Immigration at an important time, as his nation is beneath stress to reassess its colonial historical past and supply better opportunities for its residents of shade, within the wake of Black Lives Matter and different racial justice movements. This provision states the acquainted precept of equity and public coverage that a mortgagor is not permitted to alienate his right of redemption on the time he enters right into a mortgage settlement. See, e.g., Beeler v. American Trust Co., 147 P.2nd 583, 595, 24 Cal.second 1 (interpreting equivalent Cal.Civ.Code § 2889); Bradbury v. Davenport , 46 P. 1062, 1063, 114 Cal. 593 . Hakubotan made all of its month-to-month curiosity funds to Yasuda, but in early March 1986, less than one month earlier than the principal was due, it informed Yasuda that it might have difficulty repaying the principal and asked for a six-month extension. At first Yasuda declined, warning Hakubotan that it will provoke foreclosures proceedings in the event of default.
Faced with unattractive options corresponding to bankruptcy and attendant liquidation, KK LLC’s managers sought to negotiate with the Senior Lenders relating to a possible resolution involving a capital influx. Agreement (“APA”) beneath which it agreed to sell all of its property to a bunch of investors led by Continental Illinois Venture Corporation (“CIVC”). To purchase the property, the buyers formed KK LLC, a restricted liability company with eight preliminary members. KK LLC is ruled by the KK Screw Products Acquisition, LLC Operating Agreement (the “Operating Agreement”). The seller responds by arguing that the buyer’s requested declarations don’t present a controversy ripe for adjudication by this Court and strikes to dismiss the Complaint for lack of material jurisdiction.
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On September 30, 1986, Yasuda deposited the postdated check for the principal. On October 6, Furusawa Investment recorded the guarantee deed. Defendants Furusawa Investment Corporation, Julale Investment Corporation, and Yasuda Shoji KK attraction from the choice of the Appellate Division of the United States District Court for the District of Guam affirming the judgment of the Superior Court of Guam in favor of plaintiff Guam Hakubotan, Inc. (“Hakubotan”). Hakubotan had procured a loan from Yasuda, secured by a mortgage on real property, and subsequently obtained a six-month loan extension. Pursuant to the loan extension agreement, Hakubotan executed a warranty deed in favor of Yasuda’s designee, Furusawa Investment, which was licensed to document the deed if Hakubotan defaulted in the course of the extension interval. Hakubotan defaulted, and Furusawa Investment recorded the deed.
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