FacebookTwitterLinkedInEmailPrint分享Casper Star-Tribune:The CEO that obtained Wyoming’s Eagle Butte and Belle Ayr coal mines last year is being sued for alleged unpaid royalties in Appalachia, the second lawsuit that Jeff Hoops’ West Virginia-based company, Revelation Energy, is facing in under a year.Hoops formed Blackjewel LLC, a sister company to Revelation, to take over the Wyoming mines in 2017. The latest lawsuit is one of a number of troubles the Eastern businessman has encountered since becoming one of Wyoming’s coal producers.According to court documents filed in the Western District of Virginia, Pocahontas Resources LLC is seeking nearly a half million dollars in royalties and interest from Revelation based on allegations Hoops’ firm committed fraud.Pocahontas asserts Revelation is being underhanded in its reporting of coal sales. It has asked for a slew of documents from Hoops’ company to prove its claim, much of which the company has refused to provide. Pocahontas filed a request to compel Revelation to release that information earlier this month. The judge had not responded as of Tuesday.Hoops has hit a few snags since arriving in the Powder River Basin.Blackjewel was delayed in obtaining leases for Eagle Butte and Belle Ayr until Hoops addressed outstanding environmental offenses at his Eastern coal mines. Blackjewel has yet to obtain permits to mine in Wyoming, though Hoops said Blackjewel has the required reclamation bonds in-hand and would seek permits this week, a claim he also made in an email to the Star-Tribune in February.The Wyoming Department of Environmental Quality has not yet received those applications, a spokesman for the department said Monday.More: Second lawsuit entangles Wyoming’s newest coal producer New legal problems for owner of Powder River Basin mines
Strong, passionate, and downright humble, Richmond-based Zoë Romano is the first person to ever run the entire Tour de France route. I met up with Zoë after interviewing her for our March issue (read the full story here) and was utterly blown away not only by her positive energy and incredible endurance, but also by her inspirational selflessness. During both of her long-distance runs (the Tour de France route in 2013 and a cross-country run in 2010), Zoë raised thousands of dollars for non-profits such as the Boys and Girls Club and the World Pediatric Project.To keep up to date with Zoë’s adventures, check out her website.
continue reading » ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr When the Financial Accounting Standards Board set forth a new credit loss accounting standard model, known as CECL, Michigan State University Federal Credit Union ($4.1B, East Lansing, MI) sprang into action.In the summer of 2016, the Great Lakes State cooperative reviewed the number of inactive credit cards on its books. It had a plan to mitigate risk and lower the number of inactive cards on its books by turning inactive users into active ones. As an added benefit, MSUFCU knew active card users tend to be more active users of the credit union as a whole.In the third quarter of 2016, MSUFCU targeted inactive credit card users with a marketing flyer informing them of the card’s integration with Apple Pay, Samsung Pay, Google Pay, and VISA Checkout. Response was immediate and significant. The flyer did not offer a call to action but still netted an 11% response rate and brought in more than $400,000 in account balances in three months.