Share:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) Photo: US Air Force / PixabayJAMESTOWN — A deceased priest who served at St. James’ and St. John’s Roman Catholic churches has been named in two Child Victim Act lawsuits in state Supreme Court in Chautauqua County, according to Horowitz Law of Fort Lauderdale, Fla.Fr. Ralph P. Federico was named in the two lawsuits filed in July 2020 in state Supreme Court in Chautauqua County.Fr. Ralph Federico Horowitz LawAccording to the lawsuits, both victims were 10 years old at the time of the abuse. The first lawsuit states that the abuse occurred in 1976 when Federico served St. John’s Roman Catholic Church in Jamestown. The plaintiff was a student and participated in youth activities at St. John’s, where he met Federico.The second allegation claims Federico allegedly engaged in “unpermitted sexual contact” around 1974 while serving at Our Lady of Pompeii in Depew. Federico was also named in a lawsuit filed in August 2019, when the Child Victims Act first went into effect, allowing past sexual abuse victims to file claims. A man told the 7 Eyewitness News (diocesan documents confirm) that he reported an allegation against Federico in 2018. The victim was 12 years old when the abuse occurred in the early 1970s. The victim claims he was an altar boy at Our Lady of Pompeii in Depew, where Federico was pastor, but the abuse occurred when Federico took him to a trailer he owned in Mayville.Federico died in 2007, 12 years before the lawsuits came to light. He was 80 years old. Federico was ordained in 1952 and retired in 1997.He served at Our Lady of Pompeii, Lancaster, in the 1950s, Brothers of Mercy Nursing Home in Clarence in the 1960s, St John in Olean in the 1960s, St. James in the 1960s, St. John’s from 1970-76, and Our Lady of Lourdes, Bemus Point, from 1978 to 1997.Horowitz Law is a law firm representing victims of sexual abuse in the Diocese of Buffalo in New York.
Bermuda-registered company Avenir LNG has collected USD 110 million through a private placement with Stolt-Nielsen Limited, Golar LNG Limited and Höegh LNG Holdings Limited.The private placement of 110 million new shares, at a par price of USD 1 per share, represents the first step in the capitalisation of Avenir.The placement was split in two tranches, with tranche A consisting of 99 million new shares that were subscribed for by Stolt-Nielsen (49.5 million shares), Golar LNG (24.75 million shares) and Höegh LNG (24.75 million shares). This tranche has closed.Tranche B consisted of 11 million new shares and was placed with a group of institutional and other professional investors on November 8. It was scheduled to close on November 13, 2018.Stolt-Nielsen will hold 45% of the shares, each of Golar LNG and Höegh LNG will hold 22.5% while the remainder will be initially held by the subscribers in tranche B.The company’s shares will be listed on the N-OTC list with effect from November 14, 2018.At the beginning of October 2018, Stolt-Nielsen, Golar LNG and Höegh LNG announced a combined investment commitment of USD 182 million in Avenir LNG Ltd and a contemplated subsequent equity raise in the company.The parties explained that the investment would be contributed as cash and equity-in-kind and would partly fund the construction of four 7,500 cbm small-scale LNG carriers currently under construction at Keppel Singmarine in Nantong, China, two 20,000 cbm small-scale LNG carriers on order from Sinopacific Offshore Engineering in Nantong, China and 80% ownership in an LNG terminal and distribution facility under development in the Italian port of Oristano, Sardinia.