7 Best Christmas Tree Stands in 2022

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Believe it or not, a Christmas tree won't stay upright on its own. Instead, you need a stable Christmas tree stand that can accommodate the type and size of tree you have. We researched dozens of the best Christmas tree stands to help you find the right one for your needs, whether you have a real tree, an artificial tree, a small tree, or a behemoth. The stands in our guide have a track record of durability, performance, and easy setup. We also outline the size and type of tree each stand is meant for. Check out our guide to the best Christmas tree skirts once you've chosen the right stand for your tree. The best Christmas tree stands in 2022 Best Christmas tree stand overall: Krinner Tree Genie Christmas Tree Stand, available at Amazon, $82.79 The German-engineered Krinner Tree Genie Christmas Tree Stand is easy to set up in a couple of minutes and keeps trees up to 12 f...
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New York court issues liability ruling against CIBC in Cerberus lawsuit


CIBC CM-T says a New York court has issued a liability ruling against the Canadian bank in a lawsuit brought by Cerberus Capital Management LP.

Cerberus filed the lawsuit in November 2015.

The case related to an October 2008 transaction in which CIBC issued a limited recourse note to Cerberus specifying certain payment streams, and a subsequent transaction in 2011 in which CIBC sold a residual interest in the streams to the private equity firm.

Cerberus claimed damages of US$1.067-billion at trial earlier this year.

CIBC says it intends to appeal the liability ruling and will dispute Cerberus’s measure of damages at a hearing on Dec. 19.

The bank says it expects to recognize a provision in its first-quarter 2023 results, the estimate of which will be determined by developments during the quarter.

https://www.tausiinsider.com/new-york-court-issues-liability-ruling-against-cibc-in-cerberus-lawsuit/?feed_id=331230&_unique_id=6452ae79215d0

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