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Steve Down
Steve Down is a Utah-based entrepreneur and business owner. He is best known as the founder of Even Stevens sandwich shops, Investors Dynamic Corporation (IDC), and The Falls Event Center, a chain of event centers in five westerm US states. In the 1990s a court order closed IDC. As of 2018 The Falls Events Centers were under investigation by the Securities and Exchange Commission and investors have characterized the company as fraudulent in a 2018 lawsuit.Aubrey Wieber (May 11, 2018)Utah’s Falls Event Center expanded by lying to investors about its value and profitability, lawsuit states Salt Lake Tribune, accessed 2020-02-11 Background In 2018 his sandwich store Even Stevens closed a number of stores, and The Falls Event Centers has filed for bankruptcy. In September 2018 Down was under criminal investigation by the FBI for financial fraud activities. Investors Dynamics Corporation In 1996, Down and his company Investors Dynamics Corporation (IDC) were subject to litigation b ...
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Entrepreneur
Entrepreneurship is the creation or extraction of economic value. With this definition, entrepreneurship is viewed as change, generally entailing risk beyond what is normally encountered in starting a business, which may include other values than simply economic ones. An entrepreneur is an individual who creates and/or invests in one or more businesses, bearing most of the risks and enjoying most of the rewards.The process of setting up a business is known as entrepreneurship. The entrepreneur is commonly seen as an innovator, a source of new ideas, goods, services, and business/or procedures. More narrow definitions have described entrepreneurship as the process of designing, launching and running a new business, which is often similar to a small business, or as the "capacity and willingness to develop, organize and manage a business venture along with any of its risks to make a profit." The people who create these businesses are often referred to as entrepreneurs. While de ...
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Administrative Proceeding
An administrative proceeding is a ''non-judicial'' determination of fault or wrongdoing and may include, in some cases, penalties of various forms. They are typically conducted by government or military institutions. In a military setting, a "Captain's Mast", held by a commanding officer of a U.S. Navy unit is one such administrative proceeding. As a consequence of the proceeding, the commander may impose non-judicial punishment upon members of the command. Various other administrations of government (for example, a department regulating motor vehicles, air pollution, forestry practices, or real estate sales agents) may impose fines or revocation of permits or licenses upon persons or corporations for acts of commission or omission found to be violating operating, permitting, reporting, or other rules. Such rules are typically formulated in the ''specific'' by the administrative authority under ''general authority'' established and limited by ''statute''. There may be additiona ...
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Businesspeople From Utah
A businessperson, businessman, or businesswoman is an individual who has founded, owns, or holds shares in (including as an angel investor) a private-sector company. A businessperson undertakes activities (commercial or industrial) for the purpose of generating cash flow, sales, and revenue by using a combination of human, financial, intellectual, and physical capital with a view to fueling economic development and growth. History Prehistoric period: Traders Since a "businessman" can mean anyone in industry or commerce, businesspeople have existed as long as industry and commerce have existed. "Commerce" can simply mean "trade", and trade has existed through all of recorded history. The first businesspeople in human history were traders or merchants. Medieval period: Rise of the merchant class Merchants emerged as a "class" in medieval Italy (compare, for example, the Vaishya, the traditional merchant caste in Indian society). Between 1300 and 1500, modern accoun ...
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Living People
Related categories * :Year of birth missing (living people) / :Year of birth unknown * :Date of birth missing (living people) / :Date of birth unknown * :Place of birth missing (living people) / :Place of birth unknown * :Year of death missing / :Year of death unknown * :Date of death missing / :Date of death unknown * :Place of death missing / :Place of death unknown * :Missing middle or first names See also * :Dead people * :Template:L, which generates this category or death years, and birth year and sort keys. : {{DEFAULTSORT:Living people 21st-century people People by status ...
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Salt Lake City Weekly
''Salt Lake City Weekly'' (usually shortened to ''City Weekly'') is a free alternative weekly tabloid-paged newspaper published in Salt Lake City, Utah. It began as ''Private Eye''. ''City Weekly'' is published and dated for every Thursday by Copperfield Publishing Inc. of which John Saltas is majority owner and president. History John Saltas founded what would become ''Salt Lake City Weekly'' in June 1984. He called his monthly publication ''Private Eye'' because it contained news and promotions for bars and dance clubs, which due to Utah State liquor laws were all private clubs. Saltas originally mailed the ''Private Eye'' as a newsletter to private club members. State law forbade private clubs from advertising at the time, so Saltas' newsletter was the only way for clubs to provide promotional information. In 1988 ''Private Eye'' became a bi-weekly newspaper although it was available mostly in clubs. Distribution of the paper broadened as new liquor rule interpretations at t ...
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Salt Lake City
Salt Lake City (often shortened to Salt Lake and abbreviated as SLC) is the Capital (political), capital and List of cities and towns in Utah, most populous city of Utah, United States. It is the county seat, seat of Salt Lake County, Utah, Salt Lake County, the most populous county in Utah. With a population of 200,133 in 2020, the city is the core of the Salt Lake City metropolitan area, which had a population of 1,257,936 at the 2020 census. Salt Lake City is further situated within a larger metropolis known as the Salt Lake City–Provo–Orem Combined Statistical Area, Salt Lake City–Ogden–Provo Combined Statistical Area, a corridor of contiguous urban and suburban development stretched along a segment of the Wasatch Front, comprising a population of 2,746,164 (as of 2021 estimates), making it the 22nd largest in the nation. It is also the central core of the larger of only two major urban areas located within the Great Basin (the other being Reno, Nevada). Salt Lake C ...
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Evergreen Aviation And Space Museum
The Evergreen Aviation & Space Museum is an aviation museum in McMinnville, Oregon. Its exhibits include the Hughes H-4 Hercules (''Spruce Goose'') and more than fifty military and civilian aircraft, unmanned aerial vehicles (drones), and spacecraft. The museum complex includes four main buildings: the original aviation exhibit hall, a large screen (7 stories wide, 6 stories high) digital theater, a second exhibit hall focused on space technology, and a water park. The museum is located across the highway from the former headquarters of Evergreen International Aviation and across Oregon Route 18 from McMinnville Municipal Airport (KMMV). Founded by the owner of Evergreen International Aviation, portions of the museum were purchased out of bankruptcy liquidation in April 2020 by business executive Bill Stoller. History First envisioned by Michael King Smith, a former captain in the United States Air Force and son of Evergreen International Aviation founder Delford M. Smit ...
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McMinnville, Oregon
McMinnville is the county seat of and largest city in Yamhill County, Oregon, United States. The city is named after McMinnville, Tennessee. As of the 2019 census, the city had a population estimate of 34,743. McMinnville is at the confluence of the North and South forks of the Yamhill River in the Willamette Valley. The city's economy has both industry: Cascade Steel (a Schnitzer Steel Industries company), and service businesses: Oregon Mutual Insurance Company, the Woodworth Contrarian Hedge Fund.SCOTT CARROLL The News-Review. 2021. “Plans for an Equestrian Resort Stirring Debate.” Nrtoday.Com. April 16, 2021. https://www.nrtoday.com/business/plans-for-an-equestrian-resort-stirring-debate/article_0c8b0382-48db-56a0-81fd-68ade563063d.html. Linfield University provides higher education, including new degrees in wine studies. Attractions include Wings and Waves Water Park, Joe Dancer Park, and Evergreen Aviation & Space Museum, the home of Howard Hughes's famed ''Spruce Goose'' ...
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Evergreen Aviation & Space Museum
The Evergreen Aviation & Space Museum is an aviation museum in McMinnville, Oregon. Its exhibits include the Hughes H-4 Hercules (''Spruce Goose'') and more than fifty military and civilian aircraft, unmanned aerial vehicles (drones), and spacecraft. The museum complex includes four main buildings: the original aviation exhibit hall, a large screen (7 stories wide, 6 stories high) digital theater, a second exhibit hall focused on space technology, and a water park. The museum is located across the highway from the former headquarters of Evergreen International Aviation and across Oregon Route 18 from McMinnville Municipal Airport (KMMV). Founded by the owner of Evergreen International Aviation, portions of the museum were purchased out of bankruptcy liquidation in April 2020 by business executive Bill Stoller. History First envisioned by Michael King Smith, a former captain in the United States Air Force and son of Evergreen International Aviation founder Delford M. S ...
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Disgorgement
Disgorgement is defined by ''Black's Law Dictionary'' as "the act of giving up something (such as profits illegally obtained) on demand or by legal compulsion." Overview Disgorgement is a remedy or penalty used in US securities law. For example, disgorgement of short-swing profits is the remedy prescribed by § 16(b) of the Securities Exchange Act of 1934. The second edition of ''American Jurisprudence'' states that: Although not labelled "disgorgement," recovery of profits from the wrongful use of a patent or copyright belonging to another person or entity has a long history in US law. The US Supreme Court, in ''Sheldon v. Metro-Goldwyn Pictures Corp.'', 309 U.S. 390, 399-400 (1940), stated: In ''Kokesh v. SEC'', 137 S. Ct. 1635 (2017), the US Supreme Court unanimously disagreed with the view of the Security and Exchange Commission (SEC) that disgorgement in the case was remedial but held that disgorgement payments to the SEC in the case were penalties. The decision rai ...
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Utah
Utah ( , ) is a state in the Mountain West subregion of the Western United States. Utah is a landlocked U.S. state bordered to its east by Colorado, to its northeast by Wyoming, to its north by Idaho, to its south by Arizona, and to its west by Nevada. Utah also touches a corner of New Mexico in the southeast. Of the fifty U.S. states, Utah is the 13th-largest by area; with a population over three million, it is the 30th-most-populous and 11th-least-densely populated. Urban development is mostly concentrated in two areas: the Wasatch Front in the north-central part of the state, which is home to roughly two-thirds of the population and includes the capital city, Salt Lake City; and Washington County in the southwest, with more than 180,000 residents. Most of the western half of Utah lies in the Great Basin. Utah has been inhabited for thousands of years by various indigenous groups such as the ancient Puebloans, Navajo and Ute. The Spanish were the first Europe ...
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Permanent Injunction
An injunction is a legal and equitable remedy in the form of a special court order that compels a party to do or refrain from specific acts. ("The court of appeals ... has exclusive jurisdiction to enjoin, set aside, suspend (in whole or in part), or to determine the validity of...."); ("Limit on injunctive relief'); ''Jennings v. Rodriguez'', 583 U.S. ___, ___138 S.Ct. 830 851 (2018); '' Wheaton College v. Burwell''134 S.Ct. 2806 2810-11 (2014) ("Under our precedents, an injunction is appropriate only if (1) it is necessary or appropriate in aid of our jurisdiction, and (2) the legal rights at issue are indisputably clear.") (internal quotation marks and brackets omitted); '' Lux v. Rodrigues''561 U.S. 1306 1308 (2010); ''Correctional Services Corp. v. Malesko''534 U.S. 61 74 (2001) (stating that "injunctive relief has long been recognized as the proper means for preventing entities from acting unconstitutionally."); '' Nken v. Holder''556 U.S. 418(2009); see also ''Alli v. Dec ...
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