Latest Links: Swiss Company Ordered To Pay USA Springs $60 Million, House Minority Leader Could Face Election Challenge
New Hampshire’s Business And Economic News In Brief
Judge orders USA Springs lender to fulfill $60m deal – “A U.S. bankruptcy judge has ordered Swiss financing firm Malom Group AG to hand over the $60 million it had promised to lend USA Springs, the bankrupt company that has sought for more than a decade to build a controversial bottling plant on the border of Nottingham and Barrington.” New Hampshire Business Review
BSR Announce New Chief – “The Secretary of State has appointed a new director to the New Hampshire Securities Bureau. New Hampshire Securities Bureau responsibilities include regulating financial services, investigating securities fraud and overseeing public risk pools, like the Local Government Center.” NHPR
N.H. seeks ‘over the shoulder’ consultant in prison privatization decision – “The state of New Hampshire may not only be moving toward privatizing its entire prison system, but it is also partially privatizing the process involved in making the decision.” New Hampshire Business Review
Taxpayer advocate to challenge Minority Leader Norelli – “Outspoken city resident Mark Brighton announced Tuesday he will challenge long-time state Rep. Terie Norelli for a seat in the New Hampshire House of Representatives. Brighton, who is president of the Association of Portsmouth Taxpayers, made it official by filing his intent and paying a $2 fee with the city clerk at City Hall Tuesday afternoon.” SeacoastOnline.com
LGC ‘misleading’ members about $100M lawsuit, says state – “For the second time in three months, state officials say the Local Government Center is “misleading” its 75,000 members by publishing untrue statements about a $100 million, five-count lawsuit on its Web site. “ SeacoastOnline.com
NH gov vetoes Salinger-inspired bill on identity – “New Hampshire Gov. John Lynch has vetoed a bill motivated by J.D. Salinger’s family to prevent inappropriate commercial exploitation beyond a person’s death.” Associated Press