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Another Chinese firm buys stake in Masood Textile Mills

2015-07-13 18:19:00| Daily apparel & textile news and comment - from just-style.com

Chinese company Zhejiang Xinao Industry has acquired a 12.7% stake in Masood Textile Mills, one of the few vertically integrated textile and apparel makers in Pakistan.

Tags: firm chinese mills textile

 

Ex-Rackspace execs form Austin VC firm

2015-07-10 16:37:24| Telecom - Topix.net

Lanham Napier, the San Antonio company's former CEO, founded BuildGroup Management LLC in June with former Rackspace General Counsel Alan Schoenbaum and former Rackspace General Manager Jim Curry , according to their online profiles. Schoenbaum and Curry could not immediately be reached for comment.

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Ex-Rackspace execs form Austin VC firm

2015-07-10 15:40:20| IT Services - Topix.net

Lanham Napier, the San Antonio company's former CEO, founded BuildGroup Management LLC in June with former Rackspace General Counsel Alan Schoenbaum and former Rackspace General Manager Jim Curry , according to their online profiles. Schoenbaum and Curry could not immediately be reached for comment.

Tags: form firm austin execs

 

Judge dismisses class action by GM Canada dealers, upholds claim against law firm

2015-07-09 17:48:24| Auto Dealers - Topix.net

A class-action lawsuit by former General Motors of Canada Ltd. dealers against the company has been dismissed but their claim against a Toronto law firm has been upheld. The dealers, who were terminated as the auto maker successfully staved off bankruptcy protection under the Companies' Creditors Arrangement Act in 2009, have been awarded $45-million in damages against Cassels Brock & Blackwell LLP.

Tags: action canada class law

 

Cloud health care firm taps former Racker to lead local expansion

2015-07-09 01:06:44| Telecom - Topix.net

Late last year, Tempe, Ariz.-based ClearData, which provides cloud computing security services for the healthcare industry, hired former Rackspace executive Scott White to lead its new office in San Antonio. ClearData is leasing space at Geekdom, the downtown co-location space for technology entrepreneurs, and now has 10 people in the Alamo City.

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