Howard L. Petterson

A lawyer representing the plaintiffs in a long-running dispute criticized Deutsche Bank on Friday for what he described as a “late and insufficient” deal proposal regarding its acquisition of Postbank, one of Germany’s leading retail banks, in the late 2000s. The controversy revolves around allegations that Deutsche Bank significantly undervalued Postbank during its acquisition, which has been under legal scrutiny since 2010. The case involves several hundred plaintiffs, including institutional and individual investors, with multiple lawsuits still ongoing. Jan Bayer, senior partner at law firm Bayer Krauss Hueber, told CNBC that Deutsche Bank proposed a settlement of 36.50 euros per…

Austin Dillon's approach to securing a win in the recent Cook Out 400 at Richmond Raceway sparked considerable controversy. On a dramatic final turn, Dillon forced Joey Logano off the track and then collided with Denny Hamlin, causing Hamlin to crash into the wall. The maneuver allowed Dillon to claim his first win of the season and temporarily secure a spot in the NASCAR Cup Series playoffs. Accident Overview During the climactic overtime laps of the Cook Out 400, Dillon's aggressive driving led to his initial playoff qualification. However, his victory was short-lived. NASCAR responded by revoking Dillon's playoff eligibility…

In Santa Barbara, California, as families face rising prices at supermarkets, gas stations and restaurants, they are finding comfort and financial relief in free summer entertainment. These activities offer a variety of options including music, movies and community gatherings that are easy on the wallet, providing much-needed entertainment in these inflationary times. Seasonal highlights include the UC Santa Barbara Arts & Lectures series “Sun, Surf and Cinema,” held in the Sunken Gardens at the courthouse. This series recently presented the hit film “Mamma Mia” to an audience of about 1,500 attendees. Additionally, the “Concerts in the Park” series at Chase…

Kamala Harris's nomination as the Democratic presidential candidate has sparked excitement among Hispanic leaders and voters across the United States, who are eager to hear her detailed positions on key issues such as the economy, immigration and education. Vanessa Cruz Nichols, associate professor of political science at Indiana University, commented on Harris's remarkable potential to connect with Hispanic voters. However, she stressed the need for Harris to broaden her appeal to include independents and typically non-voting segments to secure their votes in the upcoming November election. “Harris needs to reintroduce himself and clearly communicate his positions on a variety of…

Ukraine’s recent incursion into Russian territory has sent shockwaves around the world, exposing the vulnerabilities of Russian defenses and forcing a recalculation of the war’s trajectory. While the operation took many by surprise, including Ukrainian officials, its strategic implications are far-reaching. Kiev’s decision to strike across the border was a bold gamble, designed to disrupt Russian operations, capture prisoners, and change the narrative of the war. The operation successfully diverted significant resources from the Eastern Front, forcing Russia to divert troops and attention from the unexpected threat. Moscow’s initial disarray in responding to the incursion highlighted the weaknesses of its…

A new chapter opens in Ames, Iowa as Brock Purdy’s rapid rise to NFL stardom is celebrated. Brock Purdy, the current San Francisco 49ers starting quarterback and MVP finalist, hasn't always been a household name. This story delves into Purdy's journey from a little-known freshman at Iowa State to a dominant force in the NFL. A diamond in the rough Years ago, Iowa State offensive coordinator Taylor Mouser unearthed a hidden gem: a piece of practice film that showcased the exceptional talent of a young Purdy. The play? A dazzling touchdown run on a well-executed fake pass that stunned the…

Sony Music Masterworks has strengthened its live entertainment division with the acquisition of a majority stake in Black Sky Creative. The Los Angeles-based company specializes in creating immersive experiences, retail activations and live events for a wide range of brands and intellectual properties. Led by founder Jeff Delson and partners Lee Rosen and Shannon Ramirez, Black Sky will continue to operate independently while aligning its expertise with Masterworks’ broader strategic goals. The partnership aims to create scalable, fan-centric experiences that bridge the gap between music, film, television and gaming. Black Sky’s impressive portfolio includes projects like the Stranger Things Official…