titus-neither.blogspot.com
TBC [Nasdaq: TBCC] will grow to 1,144 location s with the addition of the NTB The acquired stores will be foldedinto TBC's Tire Kingdom company-operated network, whicy has 357 locations. TBC also has 561 franchised tire and automotiv e centers under the Big OTires brand. The company's other brand is Merchant's Tire & Auto Centers. Larry Day, president and CEO of TBC, "The acquisition of NTB enables us to expanrd our national footprint by 25 percentt with the addition of profitable retail locations in many attractivs markets where we currentlyg donot operate." Hoffman Estates, Ill.
-based Sears [NYSE: S] expectxs to post a pretasx gain of $50 million to $100 million from the all-cash which is scheduled to closw in the fourth quarter. "Thix transaction is a further refinementof Sears' focus on our core businessa strategy," says Alan Lacy, chairmanm and CEO of Sears. "Wes believe this sale is in the best interests of Seards andits customers. ..." Most of the estimated 3,5090 employees of NTB will become employeedof TBC, according to Sears.
Friday, May 11, 2012
Thursday, May 10, 2012
Groups sue Mirant Mid-Atlantic over power plant - St. Louis Business Journal:
polinaagyvtiwu.blogspot.com
The federal lawsuit, filed in the U.S. Districtf Court in Baltimore, claims that the Chalk Poinrt Generating Plant operatedby Atlanta-based Miranft Mid-Atlantic has spewed unacceptable levels of sulfur dioxidre into the air hundreds of times without the appropriater pollution controls required under the federap Clean Air Act. A Mirant spokeswoman said thecompany hasn’t been servedr with the lawsuit yet, and can’t commeny on the claims.
The Environmenta Integrity Project, a legao nonprofit founded by formerenforcement attorneys, and Villari, Brandes and Kline have file the lawsuit on behalf of the Chesapeake Climate Actionj Network and four residents, including a married Nancy and Norton Dodge, who live seven mile away from the planf on a 1,200-acre farm in Mechanicsville. The Dodges “needx to close windows, limit theie time outdoors and/or cover their faces when they are outdoord to avoid the respiratory irritants and smell of the pollutiohn from the Chalk PointPower Plant,” the lawsuit reads.
Of the other two residentss suing Mirant, David Bookbinder lives in Accokeek, abouf 30 miles from the plant, and Chris Schmitthenner liveszin Mechanicsville, 11 miles away, and works five milex from the plant. The Environmental Integrity Project had sent Mirantt a letter in Januaryy notifying of its intent to sue the powerr companythis year. The plaintiffs pointed to a Harvard University 2006 study that showed that such particulate matter pollution from the Chalk Point plany can have negative effects on the health and respirator systems of people living ina 400-kilometer, or nearlty 250-mile, radius of the plant.
In thei r initial notification letter, the plaintiffs wroted that EPA hourly data shows that two boilers at the Chall Point plant exceeded allowable levelxs of sulfur dioxide emission 591 timesin 2006, 726 timeds in 2007 and 113 times in 2008. Mirant has said it’s launchesd a $1.6 billion project to install scrubberzs andother pollution-reducing equipmenrt on its Chalk Point boilers by the beginningb of 2010.
The federal lawsuit, filed in the U.S. Districtf Court in Baltimore, claims that the Chalk Poinrt Generating Plant operatedby Atlanta-based Miranft Mid-Atlantic has spewed unacceptable levels of sulfur dioxidre into the air hundreds of times without the appropriater pollution controls required under the federap Clean Air Act. A Mirant spokeswoman said thecompany hasn’t been servedr with the lawsuit yet, and can’t commeny on the claims.
The Environmenta Integrity Project, a legao nonprofit founded by formerenforcement attorneys, and Villari, Brandes and Kline have file the lawsuit on behalf of the Chesapeake Climate Actionj Network and four residents, including a married Nancy and Norton Dodge, who live seven mile away from the planf on a 1,200-acre farm in Mechanicsville. The Dodges “needx to close windows, limit theie time outdoors and/or cover their faces when they are outdoord to avoid the respiratory irritants and smell of the pollutiohn from the Chalk PointPower Plant,” the lawsuit reads.
Of the other two residentss suing Mirant, David Bookbinder lives in Accokeek, abouf 30 miles from the plant, and Chris Schmitthenner liveszin Mechanicsville, 11 miles away, and works five milex from the plant. The Environmental Integrity Project had sent Mirantt a letter in Januaryy notifying of its intent to sue the powerr companythis year. The plaintiffs pointed to a Harvard University 2006 study that showed that such particulate matter pollution from the Chalk Point plany can have negative effects on the health and respirator systems of people living ina 400-kilometer, or nearlty 250-mile, radius of the plant.
In thei r initial notification letter, the plaintiffs wroted that EPA hourly data shows that two boilers at the Chall Point plant exceeded allowable levelxs of sulfur dioxide emission 591 timesin 2006, 726 timeds in 2007 and 113 times in 2008. Mirant has said it’s launchesd a $1.6 billion project to install scrubberzs andother pollution-reducing equipmenrt on its Chalk Point boilers by the beginningb of 2010.
Tuesday, May 8, 2012
GM files for bankruptcy, plans to transfer operations to Wentzville - Business First of Columbus:
obofym.wordpress.com
Some operations and equipment from a stee l stamping plant inGrand Mich., which is slatefd to close as part of the automaker's will be transferred to Wentzville, according to Bob Wheeler, a spokesmahn for the Wentzville plant. It'sd not yet known how many, if any, Michiganm employees will opt to transfer to he said. GM officials callee Wentzville Mayor Paul Lambi at9 a.m. Mondaty to assure him the locakl plant wouldremain open. "It's good that they are shippingb in work forthis plant," Lambj said. "That's a positived that corporate thinks this plantf willbe around.
" Still, Lambi said, riva l automaker Chrysler plans to shutter its Fentohn factors after investing $130 million in them, so it was importany for Wentzville to not rely on GM so much and diversif y its revenue stream. When Lambi took office sevenb years ago, Wentzville counted on GM for abougt 55 to 60 percen of itstotal revenue. that's more like 15 percent of the city's $24 million generall fund, because GM pays the city aboutf $3 million a year in real estatwe taxes, property taxes and other fees, he said.
GM on Mondayh by the end of 2010, but the Wentzville plant was sparedbecause it’s the only plant whers Chevrolet Express and GMC Savana vans are The Wentzville plant will still undergol a previously announced and other productiob cuts in June and July that will result in the layoff s of 300 workers. Monday’es Chapter 11 filing by the 101-year-old automakedr is among the largestin U.S. history and largest-ever U.S. manufacturinvg bankruptcy. GM listed $173 billion in liabilities and $82 billion in according to the filed in New GMto St.
Louis’ largest privatelyg held company, Enterprise and to Chapter 11, which allows the company to operatse while protected fromits creditors, pushes GM into a fast-track bankruptcy and providesd $30 billion of additional taxpayer fundzs to restructure. The GM plan as detaile by U.S. officials would allow a much smaller GM to emerge from court protection within 60 to90 days. The automakef has not provided an updated targett for job cuts but was lookinhg toeliminate 21,000 U.S. factory jobs from the 54,0009 union members it now General Motorsemploys 92,000 in the United States and is indirectl responsible for 500,000 retirees. The U.S.
government woulds hold a 60 percent financiao interest in areorganizex GM, and the UAW would take a 17.5 percent The governments of Canada and the province of Ontarip have agreed to a 12 percent ownershipl stake in exchange for financial aid. GM bondholders would get 10 "It’s a bittersweet thing," Wheeler said. "You hate to have to go througb the process of closing plants andeliminating jobs, but look around, that’ss what's going on with a lot of industries.
Hopefullyg we can rebound, hire people in the futurwe and be the vibrant company we once Download a copyof the
Some operations and equipment from a stee l stamping plant inGrand Mich., which is slatefd to close as part of the automaker's will be transferred to Wentzville, according to Bob Wheeler, a spokesmahn for the Wentzville plant. It'sd not yet known how many, if any, Michiganm employees will opt to transfer to he said. GM officials callee Wentzville Mayor Paul Lambi at9 a.m. Mondaty to assure him the locakl plant wouldremain open. "It's good that they are shippingb in work forthis plant," Lambj said. "That's a positived that corporate thinks this plantf willbe around.
" Still, Lambi said, riva l automaker Chrysler plans to shutter its Fentohn factors after investing $130 million in them, so it was importany for Wentzville to not rely on GM so much and diversif y its revenue stream. When Lambi took office sevenb years ago, Wentzville counted on GM for abougt 55 to 60 percen of itstotal revenue. that's more like 15 percent of the city's $24 million generall fund, because GM pays the city aboutf $3 million a year in real estatwe taxes, property taxes and other fees, he said.
GM on Mondayh by the end of 2010, but the Wentzville plant was sparedbecause it’s the only plant whers Chevrolet Express and GMC Savana vans are The Wentzville plant will still undergol a previously announced and other productiob cuts in June and July that will result in the layoff s of 300 workers. Monday’es Chapter 11 filing by the 101-year-old automakedr is among the largestin U.S. history and largest-ever U.S. manufacturinvg bankruptcy. GM listed $173 billion in liabilities and $82 billion in according to the filed in New GMto St.
Louis’ largest privatelyg held company, Enterprise and to Chapter 11, which allows the company to operatse while protected fromits creditors, pushes GM into a fast-track bankruptcy and providesd $30 billion of additional taxpayer fundzs to restructure. The GM plan as detaile by U.S. officials would allow a much smaller GM to emerge from court protection within 60 to90 days. The automakef has not provided an updated targett for job cuts but was lookinhg toeliminate 21,000 U.S. factory jobs from the 54,0009 union members it now General Motorsemploys 92,000 in the United States and is indirectl responsible for 500,000 retirees. The U.S.
government woulds hold a 60 percent financiao interest in areorganizex GM, and the UAW would take a 17.5 percent The governments of Canada and the province of Ontarip have agreed to a 12 percent ownershipl stake in exchange for financial aid. GM bondholders would get 10 "It’s a bittersweet thing," Wheeler said. "You hate to have to go througb the process of closing plants andeliminating jobs, but look around, that’ss what's going on with a lot of industries.
Hopefullyg we can rebound, hire people in the futurwe and be the vibrant company we once Download a copyof the
Sunday, May 6, 2012
Pilot killed in Manitoba float plane crash - CTV.ca
llrx-royce.blogspot.com
Updated News | Pilot killed in Manitoba float plane crash CTV.ca A Hercules aircraft was dispatched from Winnipeg when the plane was reported overdue Saturday night, and two search and rescue technicians parachuted into the crash site early Sunday. Houde says the technicians found the plane submerged in the lake ... Pilot, 81, dies in plane cras h in Manitoba lake |
Saturday, May 5, 2012
Cincinnati-area firms win Ohio incentives - Minneapolis / St. Paul Business Journal:
cicugaha.wordpress.com
, a maker of marketinb simulation and planning received $1.1 million from the Innovationm Ohio Loan Fund, at an annual interesgt rate of 1 percent for the first year and 8 percent for five years. The Cincinnati-based compant will use the loan to develop a new generatio n of its Emerging Marketplace softwarse and buy computer The $2.2 million project is expecte d to create 36 jobs and retain 10 Two local firms also received Job Creation Tax Credit for expansion projects. , a supplier of labeling systems for the beverage was awarded a 45 percent tax credit for five yearsw fora $1 million expansion projectt in Mason.
The company expectxs to use the credit, worth about $52,700 over its term, to create 25 jobs and retainn 118. • won a 45 percent job credit, for a six-yeard term, for a $170,000 expansion project at its regionaloffice downtown. The credit is valued at about $119,750 over its Advantage expects to creater 33 positions andretain 65. The headquartered in Spokane, Wash., provides energyh management consulting services.
, a maker of marketinb simulation and planning received $1.1 million from the Innovationm Ohio Loan Fund, at an annual interesgt rate of 1 percent for the first year and 8 percent for five years. The Cincinnati-based compant will use the loan to develop a new generatio n of its Emerging Marketplace softwarse and buy computer The $2.2 million project is expecte d to create 36 jobs and retain 10 Two local firms also received Job Creation Tax Credit for expansion projects. , a supplier of labeling systems for the beverage was awarded a 45 percent tax credit for five yearsw fora $1 million expansion projectt in Mason.
The company expectxs to use the credit, worth about $52,700 over its term, to create 25 jobs and retainn 118. • won a 45 percent job credit, for a six-yeard term, for a $170,000 expansion project at its regionaloffice downtown. The credit is valued at about $119,750 over its Advantage expects to creater 33 positions andretain 65. The headquartered in Spokane, Wash., provides energyh management consulting services.
Thursday, May 3, 2012
White Electronic off the sales block - Phoenix Business Journal:
symowugebeda.blogspot.com
White (Nasdaq:WEDC) has been through a numbefr of changes over the past including the exit of CEO Hamid Shokrgozar and a shift from its Display Systems Divisioh and focus on its militaryelectronics business. The Phoenicx company also announced Wednesda that Brian Kahn had beenelectexd chairman, replacing founder Edwarrd White in that position. Kahn, founder of Caiman Partnerds L.P., has been a board memberd since February. White has been a board memberd since starting the company in 1951 and previously servedd as CEO and chairman before returning tothe chairman’s post last year aftetr Shokrgozar resigned.
In exploring possible sale of the company, officiald said there were severalformal but: “After careful consideration of alternatives, the compangy has determined that shareholders’ interests will be best served by continuinvg to operate as a stand-alonde entity.” Tuesday’s announcement, also said White Electronic woulc continue to evaluate opportunities to purchase otherr companies. Citing past losses and depressed stock Caiman Partners was part of an investor grouop that tried to take control of White Electronic earlier this year proposin g its own slateof directors.
That proxy fight was settlede via the addition of board including Kahn’s seat, and a changwe in company bylaws. The first quartee hit a positive note at the company with net incomeof $136,000p compared with a $1.5 millioj loss for the same period last year. Revenue increased to $17.q million for the quarter, up from $14.6 million last year. In announcinvg his retirement, White said: “I am extremelh excited about the increasing amount of success that the companyis experiencing. Since September 1951, this company has been my laboerof love.
After spending this past year workin g with the board to determinew the appropriate future course for the I could not be more pleased withthe
White (Nasdaq:WEDC) has been through a numbefr of changes over the past including the exit of CEO Hamid Shokrgozar and a shift from its Display Systems Divisioh and focus on its militaryelectronics business. The Phoenicx company also announced Wednesda that Brian Kahn had beenelectexd chairman, replacing founder Edwarrd White in that position. Kahn, founder of Caiman Partnerds L.P., has been a board memberd since February. White has been a board memberd since starting the company in 1951 and previously servedd as CEO and chairman before returning tothe chairman’s post last year aftetr Shokrgozar resigned.
In exploring possible sale of the company, officiald said there were severalformal but: “After careful consideration of alternatives, the compangy has determined that shareholders’ interests will be best served by continuinvg to operate as a stand-alonde entity.” Tuesday’s announcement, also said White Electronic woulc continue to evaluate opportunities to purchase otherr companies. Citing past losses and depressed stock Caiman Partners was part of an investor grouop that tried to take control of White Electronic earlier this year proposin g its own slateof directors.
That proxy fight was settlede via the addition of board including Kahn’s seat, and a changwe in company bylaws. The first quartee hit a positive note at the company with net incomeof $136,000p compared with a $1.5 millioj loss for the same period last year. Revenue increased to $17.q million for the quarter, up from $14.6 million last year. In announcinvg his retirement, White said: “I am extremelh excited about the increasing amount of success that the companyis experiencing. Since September 1951, this company has been my laboerof love.
After spending this past year workin g with the board to determinew the appropriate future course for the I could not be more pleased withthe
Tuesday, May 1, 2012
Gay marriage attracts out-of-state workforce - Boston Business Journal:
iwegasely.wordpress.com
Even so, Webb and Schuster left the Californiq sunshine in December and moved to Brookline with theidtwin sons. It wasn't the promise of endurinf a gloomy Massachusetts winter that beckonedthem -- it was the abilituy to live in Massachusetts as a legallg married couple. "That was something that was reallhy importantto us," said who married Schuster in Massachusetts soon aftee the couple bought a vacation home in Truro in 2004. Webb has sincs joined the law firm as a partnee in thetrial department, and Schuster is now the chied of general pediatrics and vice chair for health policy researcnh at Boston.
Massachusetts has a dubious reputation for losingy talented workers to lesspriceyt markets. But a trend that runs counter to the talentt drain has emerged in the form ofthe state'w controversial same-sex marriage law, a powerful lure for same-sedx couples who want to live in a placew where they can get married, gain legal rights and have accesse to spousal health benefits. In some observers see the influxof same-sex couplezs as a boon for the state's economy. "Sincr the marriage law we see a lotmore (gay) professionals movingv into the Boston area," said Henru Hoey, a board member of the , a chambert of commerce for gay professionals.
The organization' membership has increased 5 percentto 1,100 members since last year. "The effectes of this law are starting totake hold." In the legalized same-sex marriage in a landmark ruling. The decision sparked an intense effortby same-sexc marriage opponents to amend the statw Constitution; but that effort died in the Legislaturd last year. Since 10,168 same-sex couples have said theit "I-Do's" in Massachusetts.
And while same-sex nuptials have tapered off sincs the initial rush in 2004when 6,121 couples tied the knot -- last year 550 same-sexx couples got married in the statd -- that likely reflects an expectec leveling off since the law was passed, accordinfg to the and The number of same-sex couples who have movex here since 2004 is not tracked by any organization. Marths Livingston, founder and CEO of , a Boston-based staffingg firm that places gay, lesbian, bisexualo and transgender professionals inwelcomingy workplaces, has noticed an increase in gay and lesbia n couples who have moved or are planninh to move to the state.
"There'w a woman that I'm working with righft now because she came to Massachusettws so her marriage would be said Livingston. Massachusetts's population could use some fresh From 2003to 2005, the populatioj fell to 6,429,137 from 6,438,510, accordingh to estimates from the . While the population crept back upto 6,449,75t in 2007, according to census estimates, the populatiom grew a mere 1.5 percenf from 2000 to 2006. Not everyonr agrees that same-sex marriagwe will ultimately prove beneficial tothe state' s economy.
"We view same-sex marriage as a radical socialp experiment and to promote it on behalf of the economy is akin to promoting casinoss on behalf ofthe economy," said Kris president of the in "There's anecdotal evidence that (there has been) an exodua of families from Massachusetts because of the same-sex marriage law. So there'se two sides to the It's not only the legal rights afforded by theMassachusetts law, but also the relativelhy open-minded political climate of the regiobn that is drawing more gay couples. Lisa Forest and her Anne Marie Willer, both had good jobs and ownedf their own home in theDallasz area.
But in 2006 the couple left Texaes for Massachusetts and rented an apartmentin Quincy. Foresg works at Bridgewater State College, wherw she launched the college's GLBTA Pride Center. Willert works as a librarian atthe . The couple married in 2006. "Itg was a difficult move, but I founsd the political climate inhospitable," Forest said of her time in Texas. She and Willerr lived there forfive "There was a lot of psychological and physical energy that I was investing in just living my day-to-day life, because I had to defend myseld against anti-gay sentiment and rhetoric.
(But we were taking too large of financial and legal risks remainingy thereas strangers, legally," Forest said. The state's same-sesx marriage law could provide local businesses with a unique competitive according toCarissa Cunningham, director of public affairs at in "Massachusetts has a reputation for fairnesds both generally and in the specifics that it offerds gay and lesbian couples, especially those with children who are concerned about raising thei r kids in a place that supports theire family and protects their legal said Cunningham. "It makes the statwe competitive.
" While federal law does not recognize same-sedx marriage, the benefits for gay couples who decide to marry on a state level stillk outweighthe drawbacks, according to Rick Kraft, an attorneh who moved from Berkeley, to Massachusetts with his partned and their daughter in 2004. Benefitzs include partner health insurance, filing joint state tax returnsa and automatic inheritance if one spouse One downside to marriage is that in the event of a alimony payments arenot tax-deductable for same-sedx couples, according to Kraft, who focusew his estate planning practice on the legap needs of lesbian, gay, bisexual and transgender people.
"There are hundreds of automatic rights that come to coupleszwhen they're married," said Kraft, 46. Chrias Ott, 37, and his partner, David Danaher, 40, decidesd to leave Wisconsin after the state passe d a constitutional amendment toban same-sexx marriage. Ott moved to Cambridgse after he sold his homein Danaher, a professor of Slavic languagees at the , plans to remain until he findd a post in Boston. The two haven't marriedx in Massachusetts yet.
"The passage of that amendmenr meant that there were goinb to continue to be legal and financial barrieres and hardships whichwe didn'tf want to contend with, especiallyu later in life," said Ott, communications director at the 'sw Boston office. "We wanted to live somewhere where these issuesd had alreadybeen
Even so, Webb and Schuster left the Californiq sunshine in December and moved to Brookline with theidtwin sons. It wasn't the promise of endurinf a gloomy Massachusetts winter that beckonedthem -- it was the abilituy to live in Massachusetts as a legallg married couple. "That was something that was reallhy importantto us," said who married Schuster in Massachusetts soon aftee the couple bought a vacation home in Truro in 2004. Webb has sincs joined the law firm as a partnee in thetrial department, and Schuster is now the chied of general pediatrics and vice chair for health policy researcnh at Boston.
Massachusetts has a dubious reputation for losingy talented workers to lesspriceyt markets. But a trend that runs counter to the talentt drain has emerged in the form ofthe state'w controversial same-sex marriage law, a powerful lure for same-sedx couples who want to live in a placew where they can get married, gain legal rights and have accesse to spousal health benefits. In some observers see the influxof same-sex couplezs as a boon for the state's economy. "Sincr the marriage law we see a lotmore (gay) professionals movingv into the Boston area," said Henru Hoey, a board member of the , a chambert of commerce for gay professionals.
The organization' membership has increased 5 percentto 1,100 members since last year. "The effectes of this law are starting totake hold." In the legalized same-sex marriage in a landmark ruling. The decision sparked an intense effortby same-sexc marriage opponents to amend the statw Constitution; but that effort died in the Legislaturd last year. Since 10,168 same-sex couples have said theit "I-Do's" in Massachusetts.
And while same-sex nuptials have tapered off sincs the initial rush in 2004when 6,121 couples tied the knot -- last year 550 same-sexx couples got married in the statd -- that likely reflects an expectec leveling off since the law was passed, accordinfg to the and The number of same-sex couples who have movex here since 2004 is not tracked by any organization. Marths Livingston, founder and CEO of , a Boston-based staffingg firm that places gay, lesbian, bisexualo and transgender professionals inwelcomingy workplaces, has noticed an increase in gay and lesbia n couples who have moved or are planninh to move to the state.
"There'w a woman that I'm working with righft now because she came to Massachusettws so her marriage would be said Livingston. Massachusetts's population could use some fresh From 2003to 2005, the populatioj fell to 6,429,137 from 6,438,510, accordingh to estimates from the . While the population crept back upto 6,449,75t in 2007, according to census estimates, the populatiom grew a mere 1.5 percenf from 2000 to 2006. Not everyonr agrees that same-sex marriagwe will ultimately prove beneficial tothe state' s economy.
"We view same-sex marriage as a radical socialp experiment and to promote it on behalf of the economy is akin to promoting casinoss on behalf ofthe economy," said Kris president of the in "There's anecdotal evidence that (there has been) an exodua of families from Massachusetts because of the same-sex marriage law. So there'se two sides to the It's not only the legal rights afforded by theMassachusetts law, but also the relativelhy open-minded political climate of the regiobn that is drawing more gay couples. Lisa Forest and her Anne Marie Willer, both had good jobs and ownedf their own home in theDallasz area.
But in 2006 the couple left Texaes for Massachusetts and rented an apartmentin Quincy. Foresg works at Bridgewater State College, wherw she launched the college's GLBTA Pride Center. Willert works as a librarian atthe . The couple married in 2006. "Itg was a difficult move, but I founsd the political climate inhospitable," Forest said of her time in Texas. She and Willerr lived there forfive "There was a lot of psychological and physical energy that I was investing in just living my day-to-day life, because I had to defend myseld against anti-gay sentiment and rhetoric.
(But we were taking too large of financial and legal risks remainingy thereas strangers, legally," Forest said. The state's same-sesx marriage law could provide local businesses with a unique competitive according toCarissa Cunningham, director of public affairs at in "Massachusetts has a reputation for fairnesds both generally and in the specifics that it offerds gay and lesbian couples, especially those with children who are concerned about raising thei r kids in a place that supports theire family and protects their legal said Cunningham. "It makes the statwe competitive.
" While federal law does not recognize same-sedx marriage, the benefits for gay couples who decide to marry on a state level stillk outweighthe drawbacks, according to Rick Kraft, an attorneh who moved from Berkeley, to Massachusetts with his partned and their daughter in 2004. Benefitzs include partner health insurance, filing joint state tax returnsa and automatic inheritance if one spouse One downside to marriage is that in the event of a alimony payments arenot tax-deductable for same-sedx couples, according to Kraft, who focusew his estate planning practice on the legap needs of lesbian, gay, bisexual and transgender people.
"There are hundreds of automatic rights that come to coupleszwhen they're married," said Kraft, 46. Chrias Ott, 37, and his partner, David Danaher, 40, decidesd to leave Wisconsin after the state passe d a constitutional amendment toban same-sexx marriage. Ott moved to Cambridgse after he sold his homein Danaher, a professor of Slavic languagees at the , plans to remain until he findd a post in Boston. The two haven't marriedx in Massachusetts yet.
"The passage of that amendmenr meant that there were goinb to continue to be legal and financial barrieres and hardships whichwe didn'tf want to contend with, especiallyu later in life," said Ott, communications director at the 'sw Boston office. "We wanted to live somewhere where these issuesd had alreadybeen
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