Above is what amounts to the Legal Love Bond, between the Getty family, and the Presco family. I use the word “Love” as in Love of Oil, and, Love of Art. How about Love of Litigation? As you will read in the following post……if you have not been involved in any family litigation, you are not a member of our family. Garth and Christine Benton were close with Ann and Gordon. Garth spent months in the Getty mansion painting a mural. My niece, Shannon Rosamond, helped paint the Getty Villa murals. It is her attorney, Phil Stimic who composed the above legal document.
I talked to Phil on the phone ten years ago. He didn’t have a clue he was up against BIG OIL! His client is made out to be unsteady, even insane, as coo-coo at Paul Getty in the Coll article. This shit will make you crazy. I, and a thousand artists, took buses to Sacramento to pass the law that my ex-brother-in-law took advantage of when he sued his Getty buddies. I knew attorneys for ‘Bay Area Lawyers For The Arts’. They looked at my innovative Penzoil can.
California Lawyers for the Arts (CLA) is a non-profit organization founded in 1974 to provide legal services to artists and members of the creative arts community. The first Executive Director was Hamish Sandison, who was a recent graduate of Boalt Hall at University of California, Berkeley and is now a solicitor in London, England, specializing in law and technology. In 1987, Bay Area Lawyers for the Arts (BALA) joined forces with Volunteer Lawyers for the Arts-Los Angeles (VLA) to form California Lawyers for the Arts as a statewide organization. CLA is part of an informal network of “Volunteer Lawyers for the Arts” programs that serve artists through state-based organizations throughout the United States.
CLA has offices in San Francisco, Los Angeles, and Sacramento, and the organization serves more than 11,000 artists annually. CLA has nearly 1,800 paid members, including artists and arts organizations of all disciplines and cultural backgrounds, attorneys, accountants, and teachers.
I am proposing the Buck Foundation include a Institute that studies, and combats Oil Injustice. Our addiction to oil – is out of control! The power that Oil Attorneys have – is a GIANT that treads on ‘The Poor of the World’. This GIANT is coming to own ‘The Art of the World’. When you see what Getty friend and partner, Lawrence Chazen did to my neice, the adult heir of her famous artistic mother, then there is no doubt Big Oil is extremely abusive, and will destroy anyone that gets in their way.
Bruce Lee Linvingston told me their lawsuit against Bar Hours, was thwarted because of Gavin Newson a partner of Chazen in PlumpJack, that Alcohol Justice attempted to thwart, decrease their influence and hold over the little people who suffer. I suggest AJ look to opeud addiction in the Getty family, to launch a crusade against heroin use.
Big oil companies are devastating communities across the world. Their operations have forced people from their land, polluted the environment, and led to widespread human rights violations. This has certainly been the case with BP and other oil companies who started operating in the Casanare region of Colombia in the early 1990’s. There is evidence of kidnapping, torture, murder and disappearances. According to the Colombia Human Rights Data Analysis Group, an estimated 9,000 people were murdered and 3,000 have disappeared in Casanare over the past two decades. One of those kidnapped was Gilberto Torres, who is bringing a case for compensation against BP and other oil companies in the High Court in London with the help of law firm Deighton Pierce Glynn (DPG) in the UK and Francisco Ramirez Cuellar in Colombia.
The aim of the Oil Justice Project – a collaboration between War on Want, Deighton Pierce Glynn and the Colombian NGO COSPACC – is to tell the stories of the victims of ‘Big Oil’ and where corporate crimes have been committed to hold these companies to account. To highlight the human rights abuses in Colombia, the Oil Justice Project is welcoming Gilberto Torres on a UK-wide speaker tour from 11 – 23 October 2015. Gilberto Torres is a former trade unionist with Union Sindical Obrera, representing workers in the oil industry. He was abducted and tortured by paramilitaries in 1992 and now lives in exile. Gilberto believes his abduction was ordered and assisted by Ocensa, a joint venture pipeline company part-owned and operated by BP.
The unexpected resignation of Noble Corp.’s (NE) chief executive Thursday night has sent the company’s shares soaring and jump-started speculation that the offshore driller is considering a merger with a rival.
CEO Mark Jackson’s departure was announced in a short statement by the company, offering no details as to why he was leaving after less than a year on the job. Lawrence Chazen, a Noble board member, told Dow Jones Newswires the CEO was resigning for “personal reasons” unrelated to a potential takeover, adding that the move came as a surprise. The company’s stock rose 3.1% to $50.98 in trading Friday morning, far outstripping its peers and indicating that the market was not convinced that “personal reasons” were the only force at work.
“We don’t buy it – we don’t think Mark would just bolt from (a) sweet CEO job on short notice,” Dan Pickering of Tudor Pickering Energy wrote in a note to clients.
Without a concrete explanation for the resignation, traders and analysts settled on Jackson’s longtime aversion to a merger or takeover involving Noble and another driller. Two of Noble’s U.S. rivals agreed to merge in July, and earlier this week, offshore driller shares rose on talk of a three-way deal involving Noble and Norwegian drillers Seadrill (SDRL.OS) and Awilco ASA (AWO.OS).
Artist Garth Benton says that if Gordon and Ann Getty didn’t want his mural in their mansion any more, it would have been easy to detach it from the wall.
Instead, he said, they painted over the $500,000 mural, violating a rarely used California law barring the destruction of fine art.
Mr. Benton responded by filing a lawsuit in San Francisco Superior Court. A Getty family spokesman said experts are working to restore the painting.
The world renowned artist wants damages for the ruined painting, plus his lawyers’ fees paid. Mr. Benton also wants punitive damages, which by state law would go to a California charitable or educational activity involving fine arts.
Getty family spokesman Larry Kamer confirmed that Mr. Benton’s mural had been painted over with “some other kind of paint,” not by a commissioned artist.
“Because Mrs. Getty has dedicated much of her life to the restoration and preservation of fine art, she is now working with experts to remove the paint from the mural and restore it to its original condition,” Mr. Kamer said.
The couple could not be reached for comment. Mr. Getty is the son of J. Paul Getty, who was one of the richest men in the world a generation ago.
Gordon Getty and his wife are fixtures in San Francisco high society; he splits his time between being a composer and a philanthropist.
“This case arises out of famed art collectors Ann Getty and Gordon Getty’s . . . intentional destruction of works of fine art, created by the well-known mural artist, Garth Benton,” states the lawsuit, which was filed last week.
The garden-style mural, which is three metres tall and 12 metres wide, was installed in the Gettys’ mansion in 1986. Mr. Benton, who lives in Alabama, said the mural was completed, then attached to the wall of the mansion.
A picture of the mural accompanying the complaint shows a painting of a balcony overlooking a field, with a monkey in the corner being fed by a young girl.
Mr. Benton says he called the Gettys in March, hoping to get a photograph of the work for listing in a new catalogue.
The lawsuit states: “Within the following week, Benton was advised by an assistant to the Gettys that the work had been painted over.”
There are several books that connect the Knights Templar with Swiss Banking. My nemesis has helped set up Noble Energy in the Cayman Islands, and in Switzerland from where the Rougemont-Rosamond family hail. A un-named group has purchased Chateau Rougemont. I suspect Oil Men from Texas. Where is the Sinclair linage from Jesus when you need it? I hope the Holy Blood Grail Alliance elects a Messiah to save us from these evil men. The home of my ancestors is being advertized as the best offshore banking city for your money.Lawrence Chazen was my father’s privated lender, and a partner in the first Rosamond gallery in Carmel. Credit Suisse Group is associated with Noble and UBS bank that is in trouble due to two billion dollar trading losss by rogue trader.
Now that I have proven Bubba Jesus is not riding shotgun in some neo-Confederte’s big-wheeled truck, he off to shoot some wild hogs and drink a cold six pack, maybe he will come and save the collapsing world economy that will result in the starvation of millions.
Noble Corporation Board Approves Proposed Change in Place of Incorporation
SUGAR LAND, Texas, Dec. 19 /PRNewswire-FirstCall/ — Noble Corporation(NYSE: NE) announced today its Board of Directors has approved changing the place of incorporation of the publicly traded parent of the Noble group of companies from the Cayman Islands to Switzerland. The Company’s shareholders will be asked to vote to approve the proposed change at a shareholders’ meeting, which Noble expects will be called in the near future.
If approved by shareholders, Noble expects the change of the place of incorporation to be effective as soon as practicable following review and approval by the Grand Court of the Cayman Islands, which could occur in early 2009. The reincorporation would be achieved by merging Noble Corporation, the current Cayman Islands parent company, with a newly formed Cayman Islands subsidiary of the new Swiss parent company.
Noble Corporation’s Chairman, President and Chief Executive Officer, David W. Williamssaid, “After careful consideration, our Board of Directors has concluded that a change of place of incorporation to Switzerland is in the best interests of Noble’s shareholders and customers. Switzerland’s stable commercial and financial environment and its well-established tax regime will help us to maintain our competitive position in the global marketplace.”
Upon completion of the transaction, the Noble parent company will continue to be subject to U.S. Securities and Exchange Commission (SEC) reporting requirements, and its shares will be listed exclusively on the New York Stock Exchange under the symbol “NE”, the Company’s current trading symbol.
“At this point, we are continuing to evaluate whether relocating our corporate headquarters to Switzerland would be in Noble’s best interest and the best interests of our shareholders,” added Williams. “If we conclude that relocation is appropriate, we could begin to move personnel at any time, either before or after we conclude the transaction.”
Full details of the transactions, and the associated benefits and risks, will be provided in the Company’s proxy statement with respect to the shareholders’ meeting.
Noble is a leading offshore drilling contractor for the oil and gas industry. Noble performs, through its subsidiaries, contract drilling services with a fleet of 63 offshore drilling units (including five rigs currently under construction) located worldwide, including in the Middle East, India, the U.S. Gulf of Mexico, Mexico, the North Sea, Brazil, and West Africa. Noble’s ordinary shares are traded on the New York Stock Exchange under the symbol “NE”.
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In 1988, it gained a controlling stake in The First Boston Corporation and in 1993, Credit Suisse Group bought Schweizerische Volksbank (English: People’s Bank of Switzerland). In 1996 the two retail banks were merged and renamed Credit Suisse.
Under the Swiss Code, if Noble-Switzerland’s general reserves amount to less than 20% of the aggregate par value of Noble-Switzerland’s registered capital, then at least 5% of Noble-Switzerland’s annual profit must be retained as general reserves. The Swiss Code and Noble-Switzerland’s articles of association permit Noble-Switzerland to accrue additional general reserves. In addition, Noble-Switzerland is required to create a special reserve on its stand-alone annual statutory balance sheet in the amount of the purchase price of registered shares it or any of its subsidiaries repurchases, which amount may not be used for dividends or subsequent repurchases.
Swiss companies generally must maintain a separate stand-alone “statutory” balance sheet for the purpose of, among other things, determining the amounts available for the return of capital to shareholders, including by way of a distribution of dividends. Noble-Switzerland’s auditor must confirm that a dividend proposal made to shareholders conforms with the requirements of the Swiss Code and Noble-Switzerland’s articles of association. Dividends are due and payable upon the shareholders having passed a resolution approving the payment subject
GORDON T. HALL
Director since 2009
Mr. Hall serves as Chairman of the Board of Exterran Holdings, Inc., a natural gas compression and production services company. He previously served as Chairman of the Board of Hanover Compressor Company from May 2005 until its merger with Universal Compression Holdings, Inc. to create Exterran in August 2007. Mr. Hall retired as Managing Director from Credit Suisse First Boston, a brokerage services and investment banking firm, where he was employed from 1987 through 2002. While at Credit Suisse First Boston, Mr. Hall served as Senior Oil Field Services Analyst and Co-Head of the Global Energy Group. Mr. Hall has not held a principal employment since leaving his position with Credit Suisse First Boston
JON A. MARSHALL
Director since 2009
Mr. Marshall served as President and Chief Operating Officer of Transocean Inc. from November 2007 to May 2008, and immediately prior to that served as Chief Executive Officer of GlobalSantaFe Corporation from May 2003 until November 2007, when GlobalSantaFe merged with Transocean. Transocean is an offshore drilling contractor. Mr. Marshall has not held a principal employment since leaving his position with Transocean. Mr. Marshall also serves as a director of two nonprofit organizations.
Saturday’s events also brought low the career of one of Switzerland’s most prominent business executives. Mr. Grübel, a former Credit Suisse Group chief executive, came out of retirement in February 2009 to help turn around UBS in the wake of the credit losses it suffered during the financial crisis. At UBS, Mr. Grübel sought to win back client confidence for a bank that was among the hardest hit by the financial crisis.
He also had to cope with a bruising battle with U.S. authorities over allegations that UBS bankers helped Americans avoid taxes. UBS admitted wrongdoing as part of a sweeping settlement.
Mr. Grübel, 67, had been expected to unveil a major restructuring of UBS’s investment bank at a meeting with investors on Nov. 17. He has for some time been expected to move toward retirement, but he consistently said he intended to see his restructuring plan through to completion and wanted to leave UBS on a steady course. Few thought he would remain beyond the end of his reorganization plan, which was slated to end around 2013.
All of those plans were thrown in disarray 10 days ago when UBS disclosed that a London-based equity trader at its investment bank generated $2.3 billion in losses this summer through what it called unauthorized trades. People familiar with the situation say 31-year-old Kweku Adoboli is that trader.
U.K. authorities have charged Mr. Adoboli with fraud and false accounting, alleging that his crimes dated back to 2008; UBS has said the unauthorized trades occurred over the last several months.
In court on Thursday, Mr. Adoboli’s lawyer, Patrick Gibbs, said his client was “sorry beyond words.” He added that Mr. Adoboli had gone to UBS “and told them what he had done, and stands now appalled at the scale of the consequences of his disastrous miscalculations.” Mr. Gibbs didn’t request that his client be released on bail, so Mr. Adoboli remains in custody. The next hearing is scheduled for Oct. 20.
Global leaders struggle to calm recession fears
By GABRIELE STEINHAUSER, Associated Press – 2 hours ago
WASHINGTON (AP) — The world’s major economic powers are pledging to launch a bold effort to deal with a chronic slowdown in growth and a European debt crisis threatening to push the global economy into another recession. But it was unclear whether their strong words would be backed up by equally strong actions.
The statement by the Group of 20 major economies was issued late Thursday and pledged that the countries, which represent 85 percent of the global economy, would do what was necessary to restore financial stability and clam financial markets which had plunged on Thursday over renewed fears of a global downturn.
The finance officials of traditional economic powers such as the United States, Japan and Germany and major emerging nations such as China, Brazil and India were seeking to demonstrate strong resolve in the hope that it will calm jitters that had sent financial markets down sharply. The United States was represented in the discussions by Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke.
“We are taking strong actions to maintain financial stability, restore confidence and support growth,” the G-20 joint statement said. “We commit to take all actions to preserve the stability of banking systems and financial markets as required.”
The G-20 group had not been scheduled to issue a statement after their working dinner but the turmoil on Thursday in global markets resulted in a change in plans. The group issued a one-page document that they hoped would demonstrate sufficient resolve.
The statement did little to reassure anxious investors. European markets showed modest losses on Friday while Wall Street was set to open slightly higher. In Asia, traders continued to dump stocks amid growing fears of a new global recession.
French Finance Minister Francoise Baroin told reporters the statement represented a “strong global” response to what he called a “very serious situation.”
The statement was issued in advance of the start Friday of the annual meetings of the 187-nation International Monetary Fund and its sister lending organization, the World Bank. The discussions, which will wrap up on Saturday, have been dominated by the European debt crisis.
A senior U.S. Treasury official who briefed reporters on condition of anonymity to discuss the closed-door discussions said that all the G-20 countries felt there was a sense of urgency to take strong actions to deal with the financial market turmoil.
By the early 2000s, Noble Drilling changed its name to Noble Corporation as a result of its change in domicile from the United States to the Cayman Islands.
On December 19, 2008, Noble, incorporated in the Cayman Islands and operated from Sugar Land, Texas, announced plans to reincorporate in Switzerland.
In March 2009, Noble Corporation redomesticated to Switzerland. At that time it was removed from the S&P500 Index.