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Singer Equipment Company Announces Thompson & Little Acquisition


Fred Singer, president and CEO of Singer Equipment, announced the acquisition of the business of Thompson & Little. Located in Fayetteville, North Carolina, Thompson & Little is one of the largest foodservice equipment and supplies dealers in the Southeastern United States.  Drew O’Quinn, the current leader of Thompson & Little, will continue to run the new division as its President, reporting directly to Fred Singer. The new division will operate under the name Singer T&L.
Fred Singer says, “I am excited about the opportunities that this acquisition will bring to our company and the employees and customers of Thompson & Little.  Drew and his team have a reputation for performing high quality work and managing technical and complex projects.  Most importantly, they share our passion for building long-term customer relationships.  We look forward to supporting the growth of Singer T&L and building on the great team that is already in place.” ....

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Lessons Learned From OFAC's 2020 Enforcement Actions | Morrison & Foerster LLP


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As we previously wrote in our OFAC 2020 Year in Review, the U.S. Treasury Department’s Office of Foreign Assets Control (“
OFAC”) saw a drop in enforcement activity in 2020, likely due to the massive year it had in 2019 and delays due to the coronavirus pandemic. In 2020, OFAC issued 17 enforcement actions with a total of $23.6 million in penalties, compared to the 30 enforcement actions with almost $1.3 billion in penalties in 2019. The reduced numbers last year are likely due to the lack of any blockbuster cases in 2020 like the $657 million penalty against Standard Chartered in 2019 or the $100 million penalty against ZTE Corp. in 2017. Despite the absence of any huge penalties, many of OFAC’s 2020 enforcement actions were groundbreaking and filled with important lessons from OFAC for those paying attention. Fortunately, we’ve collected those lessons for you below. ....

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Retracing history: Making long-forgotten fur trade portage | News, Sports, Jobs


AD CRABLE LNP newspaper, via AP
Don KAUTZ/LNP via AP
Adam Zurn, left, and Ben Webber push a canoe across Pine Creek in Berks County towards the headwaters of the Conestoga River, a route fur traders and Native Americans used 250 years ago.
LANCASTER, Pa. On a cold and sunny winter day on Dec. 30, six local residents gathered at a rural road near the Lancaster-Berks line and unloaded a wooden canoe, a faux fur and an old jug of the kind that once held rum.
The ensemble began pushing the 85-pound canoe through knee-deep swampy mud, at one point having to hoist the canoe over a turned-off electric fence. It may have seemed somewhat comical, but the group may have been retracing an arduous and important fur trade portage for the first time in 250 years. ....

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