Fairfield County Business Journal 9/10/2012 Issue by Westfair Business Journal

FAIRFIELD COUNTY

BUSINESS JOURNAL

YOUR only SOURCE FOR regional BUSINESS NEWS | westfaironline.com

September 10, 2012 | VOL. 48, No. 37

FCBJ TODAY There is nothing nuanced about 50-fold-plus growth in three short years … 2 Connecticut considers scrapping $250 business tax, as deadbeats say “come get me” … 3 Op-ed: Richard Levin’s impact on Yale … 4 Technology Talent Bridge gets new support … 7 Gold coastal property: Smiths Detection leaving Danbury … 8 In the field: OPEL exits solar … 12

From Datto Inc.’s Norwalk headquarters, Austin McChord monitors server networks from coast to coast and overseas.

From Datto 500 to Inc. 500 BY ALEXANDER SOULE

Running a business by the seat of the pants … 18

casoule@westfairinc.com

Finance ledger: Fairfield County companies near VC funding … 20

If the 5,500 percent growth Datto Inc. achieved over a three-year period seems almost a figure

Also … “Another area we will explore is that of entrepreneurship, … an area of great interest to me.” 5

in the abstract, for tangible evidence just visit its Norwalk offices where crews are readying a second floor for the data backup company’s use. And if you are wondering how a company puts up that kind of growth in a down

casoule@westfairinc.com

eading into Labor Day, Gov. Dannel P. Malloy again appointed a union leader as commissioner of the state Department of Labor, naming AFT Connecticut president Sharon Palmer to lead. Malloy said his administration approached

economy, wander into the “command room” where in late August a news feed showed Hurricane Isaac pummeling Louisiana, even as others tracked the status of servers under Datto, page 6

Stamford becoming talk-show capital

Union chief to lead state Labor Department BY ALEXANDER SOULE

MEDIA PARTNER

Data backup company thrives in down times

BY JENNIFER BISSELL

Palmer, who had been a strenuous voice in the debate over education reform this past spring. The AFL-CIO union represents 28,000 teachers, with Palmer herself having taught 20 years in addition to serving as a Waterford town representative. Malloy’s first year in office was marked by a showdown with unions representing state workers, with the governor threatening mass

jbissell@westfairinc.com NBCUniversal Inc.’s newest daytime talk show filmed in Stamford will begin airing Sept. 17 in select markets. Similar to NBCU’s “Maury,” “The Jerry Springer Show” and “Steve Wilkos,” “Trisha Goddard” will feature family and relationship drama, but without the “you are the father” sensationalism.

Union chief, page 6

Stamford, page 6

Special report: Bank balance sheets improve, credit conditions not so much •17

Talking about generating growth; now this is big BY ALEXANDER SOULE

casoule@westfairinc.com

here is nothing nuanced about 50-foldplus growth in a short three years – unless you are talking about the nuanced approach Inspira Marketing Group employs in brainstorming “experiential marketing” campaigns to spur its clients’ own revenue growth. Inspira Marketing Group was barely bested by Datto Inc. in the annual Inc. 500 list, with the two Norwalk companies the lone Connecticut businesses to break into the top 50. Inc. magazine ranked companies based on their three-year revenue growth between 2008 and 2011, a period encompassing the recession and recovery. Datto and Inspira supplanted Westport-

based Advanced Biohealing and Sheltonbased Health Plan One as the top Connecticut companies on the Inc. 500, with the latter two reporting 1,600 percent growth to rank among the top 200 entries in 2011. Health Plan One saw its growth drop to under 500 percent on this year’s list, still enough to make the top 12 Connecticut companies on this year’s list. Advanced Biohealing parlayed its own rapid growth into a $750 million sale in July to Shire PLC, which dumped the Advanced Biohealing name in favor of Shire Regenerative Medicine Inc. With Inc. publishing companies’ revenue and growth, investors prospect the list to identify portfolio companies. Datto founder Austin McChord said he has gotten inquiries from venture capitalists, but has elected to fund his

Fairfield County companies on the Inc. 5000 Rank Company Growth 2011 Revenue HQ 38 Datto 5554% $8.8 million Norwalk 44 Inspira Marketing Group 4980% $8.1 million Norwalk 289 Bongo International 1271% $7.4 million Bridgeport 296 SCS Direct 1255% $32.6 million Stratford 507 Fieldpoint Private 754% $20.3 million Greenwich 610 Etouches 595% $3.3 million Norwak 720 Health Plan One 489% $10.6 million Shelton 794 Cornerstone Advisors Group 431% $2.7 million Redding 963 My Pet Chicken 334% $2 million Monroe 1068 Efficient Lighting Consultants 296% $4.9 million Newtown 1381 Client Attraction 221% $3.2 million Stamford 1404 Junk my Car 214% $17.2 million Shelton 1465 Kain Management Group 204% $2 million Norwalk 1798 Abyss Group 157% $3.1 million Stamford 2307 United Services of America 109% $19.1 million Stamford 2314 Essential Data 108% $5.2 million Shelton 2429 Kayak Software 100% $224.5 million Norwalk 2460 Lex Products 99% $48.3 million Shelton 2499 Triple Point Technology 97% $136.6 million Westport 2941 Southridge Technology Group 75% $2.2 million Brookfield 3263 SamsonBrands 61% $5.8 million Danbury 3714 Eastern Land Management 46% $6.7 million Stamford 3749 Third Door Media 45% $6.1 million Redding 3887 SmartRevenue 40% $9.4 million Ridgefield 3996 M2 Media Group 36% $11.7 million Stamford 4148 The Wellspring Group 31% $8.6 million Shelton 4428 Ash Creek Enterprises 24% $2.1 million Stratford 4423 Teddy's Transportation System 24% $5.1 million Norwalk 4446 Amnet Technology Solutions 23% $4.6 million Stamford 4566 ICR 19% $32.7 million Norwalk 4887 Affinion Group Holdings 9% $1.5 billion Stamford 4904 Maxum Petroleum 8% $1.5 billion Greenwich 4970 DiplomaFrame.com 6% $6.4 million Monroe

own company’s growth through profits. Norwalk-based etouches ranked among the top six Fairfield County companies with nearly 600 percent growth. The last time etouches made the Inc. 5000 list, it was an event outsourcing agency. Since then it has added a cloud-based software platform for managing events and has booked impressive results. With revenue just $3.3 million in 2011, etouches recently announced it is raising $7.8 million in venture capital from Connecticut Innovations, Wilton-based Cava Capital and Greycroft Partners, which has offices in New York City. As the case with Datto, Inspira has chosen to build out its company with no outside investment. “It has been quite a ride,” said Jeff Snyder, owner of Inspira who uses the title chief inspiration officer. “We completely bootstrapped it in 2008 … Now we’re 30 employees.” Snyder’s statement sums up the experience for companies ringing up sufficient sales to make the Inc. 500 list, which this year was led by Unified Payments, a merchant payment processing company in North Miami, Fla., which saw nearly 24,000 percent growth selling both through independent agents and partnerships with banks and other organizations with retail industry contacts. Unified Payments barely beat out Astrum Solar of Annapolis Junction, Md., which provides photovoltaic installation services and financing options in 16 states, including Connecticut. Burlington, Mass.-based Acquia was the top Northeast company at eighth overall, selling social media software used by organizations ranging from Twitter to Al Jazeera. New York City-based Livestream led tristate area companies at 12th on the list, with its platform allowing anyone to broadcast live to the Web. Fairfield County dominated this year’s inclusion of Connecticut companies on the Inc. 5000 list of the fastest-growing businesses in the country, with 33 entries to just 31 elsewhere in the state. Norwalk tied with Stamford to lead Connecticut with seven entries – but following its August initial public offering of stock, Kayak Software Corp. is now in the process of relocating its headquarters to the latter city, tipping the balance. Two months after its founder was recognized with a 40Under40 award from the Fairfield County Business Journal, Datto Inc. was named the fastest–growing company in Connecticut by Inc. magazine, ranked 38th nationally. Launched by Austin McChord, Datto sells hardware used for data backup and offsite storage, targeting small businesses (see related story on page 1). No other security or backup company posted a better growth rate nationally. Other Fairfield County companies making the select Inc. 500 list included Bongo International, a Bridgeport company focused

on helping ecommerce companies ship packages overseas, expanding their market; and SCS Direct, itself a dot-com focused on toys, games and home goods among other products, also operating a children’s toy store in Stratford along with what it says is Connecticut’s largest gaming tournament center for hobbyists. Greenwich-based Fieldpoint Private Bank & Trust just missed the Inc. 500 list, ranked 507th with a 754 percent growth rate, just 8 percentage points behind MCT Trading, a San Diego company that helps mortgage bankers hedge their loans. If making the Inc. 500 list is a major achievement for a young company, that is not necessarily the case for inclusion on the larger Inc. 5000 list – for a second straight year, Stamford-based Affinion Group Holdings and Monroe-based Diplomaframe.com Inc. eked onto the list with mere single-digit growth over three years, an achievement almost certainly shared by far more than just the 64 Connecticut companies qualifying for inclusion on the Inc. 5000. Still, for the 30-plus companies achieving or approaching triple-digit growth, it marks a major milestone, with Fairfield County dominating that subgroup as well with 19 making the mark. Snyder has done marketing work for Fairfield-based General Electric Co., Norwalkbased Pepperidge Farm and Sobe, founded in Norwalk and owned today by Purchase, N.Y.based PepsiCo Inc. The company’s largest client today is Jim Beam. While exploring marketing angles with client Interstate Battery, Snyder’s team uncovered the fact that car batteries are more likely to fail in the summer months than on a frigid winter day, contrary to the perception of many. That had Inspira contrasting those perceptions by building a winter wonderland of sorts at a July minor league baseball game in Sacramento, Calif. “It was 107 degrees, and we ended up putting 20 tons of snow in the middle of a parking lot … Real snow – believe it or not, we found this group out of Wisconsin where we had tractor-trailer loads of these massive, massive ice blocks and you would just shave this down into this huge snow gun. We built a 16-foot sledding ramp – we had a huge area where kids could have snowball fights and build snowmen. We had a snow-cone machine out there. “This little nuance was buried,” Snyder added. “If we were to ask Interstate, ‘Hey what’s your challenge,’ they’re not coming to us and saying ‘You know, our challenge is the reality that heat is a bigger (battery) killer and we don’t think consumers understand this … Collectively we’ll have dozens of ideas and then it really takes people from not only the creative side of things but from leadership to (say), ‘You know what? This one really articulates what that deep-rooted insight is and how can we translate that into a message that is compelling enough?”

2 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

RDS_FCBJad_Aug_12_140Sherman:RDS_FCBJad_Aug_12_140Sherman

‘For $250 – come get me’ Days might be numbered for business entity tax BY ALEXANDER SOULE

casoule@westfairinc.com

n this past spring’s legislative session, Connecticut cut its $250 “business entity” tax in half by converting it to a biennial fee. As it turns out, the market had already acted on a de facto basis to halve the tax – at least on the collection front. A task force plans to recommend that Connecticut do away with the tax, primarily to send a message to small businesses that it wants to lessen their tax burden; but also to do away with the headache of actually collecting the tax from thousands of small businesses that simply are not bothering to pay up. “The … (minimum tax) really, I think, comes as a huge annoyance to us frankly as a department,” said Kevin Sullivan, commissioner of the Connecticut Department of Revenue Services, at an August meeting of Gov. Dannel P. Malloy’s Business Tax Policy Task Force.

Connecticut’s tax structure is out of sync with the emerging economy in which companies are equally likely to operate with a mobile, virtual mindset with workforce levels contingent on revenue and often selling intangible services. – Kevin Sullivan “They’re extremely expensive for us to collect … We probably are getting taxes from about half the entities that should be paying us a business entity tax. Part of that is just the annoyance of thinking, ‘Hey, for $250 – come get me.’ And the chances are we’re not going to spend too much time or too much energy for $250.” The task force is slated to issue formal recommendations to the governor by October, but Sullivan suggested the group will adhere to panelist Chris Bruhl’s suggestion that changes be rolled out over a period of as long as six years. Bruhl is

CEO of the Business Council of Fairfield County, which has its office in Stamford. Under a preliminary set of recommendations reviewed in August, the state would now charge a $120 fee under a requirement that all businesses file electronically with the state before doing business here. Other recommendations are: surcharges on corporate income taxes the state has repeatedly used to help make up budget deficits; and to allow an “EZ filing” option for lower-income entities if they file taxes electronically. More broadly, the task force says Connecticut needs to define “doing business” more broadly in order to avoid “exportation” of tax benefits to companies based elsewhere but that sell products or services here. Sullivan said that Connecticut’s tax structure is out of sync with the emerging economy in which companies are equally likely to operate with a mobile, virtual mindset with workforce levels contingent on revenue and often selling intangible services. “Local, fixed, hard, traditional employment, tangible goods and services – our tax system reflects that world,” Sullivan said. Save for property taxes and taxes on new investments, Connecticut’s tax climate is moderate, Sullivan maintained, and he said taxes seldom are a starting point for corporate decisions on whether to operate a location in Connecticut – while acknowledging it can swing the vote on two jurisdictions thought roughly equal on their other merits. Connecticut kicked off fiscal 2013 with corporate income tax collections up by half in July to nearly $600 million. “You think of business decisions as kind of a triage – a reverse triage maybe,” Sullivan said. “What are the things that I’m going to look most importantly for in terms of where I’m going to be or where I’m going to stay?’ They usually aren’t tax issues … The tax issue is usually a tiebreaker. “There’s no neutral tax in the world – somebody gains and somebody loses,” Sullivan said. “Our state business taxes tend to pick a few winners, but relatively more losers, which is to say that if you look at the history of almost every tax code, whether it’s on the credit side or the tax side, it is often a collection of incremental and anecdotal decisions that have been made with a certain sector in mind.”

8/17/12

2:58 PM

Office/Medical Space Available

140 SHERMAN AVENUE FA I R F I E L D , C O N N E C T I C U T

900 to 3,000 Square Feet Immediate Occupancy Build-to-Suit Parking 4 per 1,000 sq. ft. Heart of Downtown Fairfield Walk to Restaurants, Bank, Shops Convenient access to I-95, two blocks from Train Station

Robert D. Scinto, Inc. OWNER/DEVELOPER/BUILDER/MANAGER

203.929.6300 www.scinto.com

203.708.9228 rick@gretschcommercialre.com

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012

Page 1

PERSPECTIVES ‘Rick has never desisted from the work of Yale’ In an open letter to the Yale University community published online Aug. 30, Yale Corporation Senior Fellow Edward Bass recounted Richard Levin’s contributions in two decades as Yale president.

“I

n light of Rick Levin’s decision to step down next June after completing two decades as president of Yale University, I write to convey the heartfelt gratitude of the Yale Corporation for all that Rick has done to advance this university. Rick’s accomplishments as president have been extraordinary – perhaps unsurpassed in the history of this university – and we have been blessed to have had his leadership for so long. The last Yale president to serve 20 years was Arthur Twining Hadley, who took office in 1899. None of the 60 other presidents represented in the American Association of Universities has served as long as Rick and the current Ivy League presidents have had, on average, less than a decade in office. Every year that Rick has been president has been one of advancement for the institution. The corporation and the Yale community are profoundly indebted to him. As Rick explained to the fellows of the corporation, a number of important projects undertaken in recent years are now well launched: the West Campus has gained the necessary momentum with the establishment of the six new institutes and the move of the nursing school there; Yale School of Management’s new campus is funded and under construction; the new liberal arts college in Singapore has recruited its inaugural faculty and will open next summer; and the hard work to reshape Yale’s budget after the national economic downturn will be accomplished by the end of this fiscal year. Characteristic of Rick’s time as president, there are exciting new projects, programs and initiatives in the pipeline, not least of which are new research and teaching facilities for Science Hill and the two new residential colleges. Rick is of the view that now would be an opportune time for a new leader to assume the presidency and to work with the corporation and with the entire Yale community to shape the next great period of Yale’s future. In due course we will have the occasion and take the time to celebrate Rick and Jane’s innumerable contributions. But at this time I would like to mention some of the high points of his achievements. Rick leaves every part of Yale stronger than when he assumed office in 1993. The faculty of arts and sciences and the faculties in each of the professional schools are larger, more diverse and

Rick Levin

Literally thousands of alumni have been inspired by him to ‘invest’ in their alma mater. These donations to Yale, coupled with the remarkable investment management by David Swensen and his team, have resulted in an increase in Yale’s endowment from $3.2 billion in 1993 to $19.4 billion this year. cumulatively stronger. He spearheaded the internationalization of Yale and he has been a champion for Yale intensifying its leadership in science. The physical campus has undergone a renaissance during Rick’s tenure. The school of art and the school of forestry and environmental studies have new homes and the school of nursing will soon; engineering and medicine have new buildings; the schools of divinity, architecture, music and law have undergone comprehensive renovations, as has virtually all of the laboratory space in the school of medicine; and a new campus is under construction for (the Yale school of management). All 12 residential colleges

have been renovated and 70 (percent) of the space on campus has been partially or comprehensively renovated since 1993. Students have (benefited) in innumerable ways from new programs, improved facilities and especially from dramatic improvements in financial aid, a priority throughout Rick’s presidency. Yale’s student body is far more diverse and far more global than it was two decades ago. Rick has been a remarkable steward of the financial resources of the university. He has been most gifted in attracting support for the university, raising more than $7 billion during his tenure. Literally thousands of alumni have been inspired by him to ‘invest’ in their alma mater. These donations to Yale, coupled with the remarkable investment management by David Swensen and his team, have resulted in an increase in Yale’s endowment from $3.2 billion in 1993 to $19.4 billion this year. After decades of disappointing relations between Yale and its unions, Rick and his team have worked in concert with union leaders to secure two successive labor contracts peacefully, including the new contracts signed this summer that extend until January 2017. From his first month in office, Rick has made partnership with New Haven a priority and we are all the beneficiaries of the improvements achieved from the combined efforts of the city of New Haven and Yale. From the New Haven Homebuyers Program initiated in 1994 to the university’s investments in downtown New Haven to the new program of support to encourage local students to attend college, the city and the university have been made stronger by Rick’s vision and leadership and by Yale’s many partnerships in the city and region. These examples are only the beginning of the roster of Rick’s contributions. A fuller description of Yale’s progress during his presidency is available at news.yale.edu. I will write in the near future concerning the upcoming presidential search, but for now, I wanted to underscore the corporation’s great appreciation for an extraordinary job well done. On many occasions, Rick has quoted Rabbi Tarfon: ‘We cannot complete the work, neither are we free to desist from it.’ Rick has never desisted from the work of Yale and by his inspiring example, we shall not either.”

FAIRFIELD COUNTY

BUSINESS JOURNAL • Main office telephone. . . . . . . . (914) 694-3600 • Newsroom fax. . . . . . . . . . . . . . (914) 694-3680 • Sales fax. . . . . . . . . . . . . . . . . . . . (914) 694-3699 • Research fax. . . . . . . . . . . . . . . . (914) 694-3682 • Editorial e-mail. . . . . casoule@westfairinc.com Or write to: Fairfield County Business Journal 3 Gannett Drive, Suite G7 White Plains, N.Y. 10604-3407 www.westfaironline.com Publisher • Dee DelBello Managing Editor • Bob Rozycki

News

Fairfield County Bureau Chief • Alexander Soule Editor, Digital Content • Patrick Gallagher Reporters • Jennifer Bissell • Patrick Gallagher • John Golden • Janice Kirkel • Mary Shustack • Zoë Zellers

Advertising Sales

General Manager • Dennis Connaughton Advertising Director • Richard Free Account Managers • Konstantine Wells • Dan Vierno Publications Manager • Michael Berger Programs and Projects Coordinator • Beverly Visosky

Production

Senior Art Director • Caitlin Nurge Harrison Art Director • Dan Viteri Manager of Digital Media • Sinéad Deane

Audience Development

Director • Alissa Frey Director, Circulation • Holly Gallicchio Director, Events • Linda Cady Assistant Circulation Manager • Kristina Cook Circulation Representative • Marcia Rudy Research Reporter • Elizabeth Beneke

Administration

Chief Operating Officer • Michael Gallicchio Office Manager • Sylvia Sikoutris

Fairfield County Business Journal (USPS# 5830) is published Weekly, 52 times a year by Westfair Communications, Inc., 3 Gannett Drive, White Plains, NY 10604. Application to mail at Periodicals Postage rates is pending at White Plains, NY, USA 10610. POSTMASTER: Send address changes to: Fairfield County Business Journal: Westfair Communications, Inc., 3 Gannett Drive, White Plains, NY 10604. More than 40 percent of the Business Journal is printed on recycled newsprint. © 2012 Westfair Communications Inc. All rights reserved. Reproduction in whole or in part without written permission is prohibited

Have your say

The Business Journal welcomes letters to the editor and opinion columns. Submissions must include the writer’s name, home or business address, email address and telephone number for verification purposes. The Business Journal reserves the right to edit submissions for accuracy, style and space considerations. Email submissions to casoule@westfairinc.com. Submissions may appear in print and online.

4 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Q&A with the new dean of UB business school the School of Business that will contain our overall goals. This plan will include a focus on continuous improvement comparable to programs in place at many successful businesses. Another area we will explore is that of entrepreneurship in keeping with the mission of the Ernest C. Trefz Center for Venture Management and Entrepreneurial Studies on our campus. This is an area of great interest to me given my background of working with hundreds of successful entrepreneurs in my banking career. In addition, I was previously the director of an entrepreneurship center and have written several research articles on the entrepreneurial attitudes of students in the U.S. and abroad.”

loyd Gibson is the newly named dean of the University of Bridgeport’s School of Business. Before moving into academia, Gibson worked in the banking industry for 28 years in positions ranging from lending officer to president and CEO. Most recently he was the dean of education at Stratford University in Virginia, where he oversaw 32 programs. Before that, he was the director of the master’s of business administration program at Seton Hill University in Pennsylvania, where he implemented a new entrepreneurship program. He and his wife, Regina Gibson, both received their MBAs from the University of Pennsylvania’s Wharton School of Business. He also has a doctor of science in information systems and communications from Robert Morris University in Chicago. Gibson recently spoke with Fairfield County Business Journal’s Jennifer Bissell on his goals for the School of Business. You and your wife recently moved to Bridgeport from Virginia. How do you like the area so far? “We love it. We feel very comfortable here. The people have been very friendly and helpful in our transition. The area reminds us of where we both grew up in Pittsburgh. My wife, Regina, and I look forward to exploring the area now that we are settled and becoming part of the community.” What are your goals for the School of Business? “We plan to expand the School of Business by adding selected programs that meet the needs of students in an everchanging business world. For example, we are currently awaiting approval of an online MBA program. We will be developing a strategic plan for

Before moving to academia you were in the banking industry for 28 years. How has that experience affected your roles as a professor and administrator? “My banking experience, particularly my experience as a CEO, helped me to develop the leadership skills needed in my current position and the practical knowledge that I can incorporate into the classroom to help prepare the students for future careers. I believe that the MBA degree, in particular, is a very practical degree and represents a combination of theory and practical applications. In order for students to be successful in their careers it is important for them to combine theory and practice and my experience enables me to bring these elements to the programs in the School of Business.” You have a master’s degree in business administration, as well as a doctorate in information systems and communications. What importance do you place on business and technology? “Technology is an important part of the business world and many new opportunities will be driven by technological changes. In addition, many people would say we are currently in an information age as we move toward a knowledge-based economy. The use of technology is essential as part of this process and also as support for manufacturing and production facilities.” What is the most important thing the business community should know about you? “They should know that I am one of them and my experience puts me in a position to understand the issues they face. They should also know that I want to work with them to develop programs that will be mutually beneficial for the School of Business and for the business community.”

Citrin Cooperman Corner How to Get Control of Your Company’s Costs BY GILBERT K. WATKINS, CPA CITRIN COOPERMAN Over the past three years, cost control was generally reduced to cost slashing. As the recession depleted revenue, businesses looked for ways to cut costs. In many situations this was required for any chance of survival. Now, as business is slowly returning, cost control remains critical. The objective of cost control is to keep costs and expenses at reasonable levels, and to constrain them from exceeding targeted amounts. There must be a balance when controlling costs so as not to reduce expenses to the point where there is a detriment to quality of service or the production process, or to the point of starving future growth without the appropriate investment. A key tool to controlling costs is effective management of the budget. While this may sound daunting, a budget can start simply and then be made more sophisticated as it is used and developed over time. Start by using historical information for the last five years. This should incorporate direct and overhead costs as well as investments in property and equipment. With the historical information as a reference, the next step is to anticipate the costs for the current year. Have some costs risen to the point where they need to be cut back? Is it time to increase investments in technology or another area that will aid the growth of the company? Are some costs out of line compared to current or anticipated revenue? In addition to your knowledge of your business, use industry benchmarks to ascertain that amounts and ratios are in line with your competitors. For example, architectural firms will generally spend between four and five percent of net revenue on technology. For any number of reasons, your firm may budget a different amount, but an industry standard will add an objective thought process as to why a greater or smaller amount of funds would be better spent for your business. Now that you have a budget, do not treat it as a static document. Reporting

through the accounting system should compare actual costs to the projected amounts. Ideally, this report should be generated monthly providing monthly and year-to-date amounts. Most accounting systems or dashboards can be formatted to provide this information. Significant variances should be investigated to determine why they have occurred. Frankly, one month is almost too short a period to warrant major adjustments, but you may find there was an item in an expense category that was not anticipated when the budget was prepared. Potential problems need to be identified early, so that future costs can be curtailed for that expense or so that another area can be cut. Or in some cases, it may be that expenses for the period should be higher. As more months are added over the course of the year, it will be clearer how the actual expenses will compare to projections; but if too much time passes it may be too late to make adjustments. There needs to be accountability for costs and significant variances from projections. This requires the budget to be shared with key personnel throughout the budgeting process. If it becomes clear that actual expenses are going to exceed a budget item, the cause needs to be discussed with those responsible for the line item immediately. Your company’s budget is just a tool in helping to control costs. While it provides a guide for expenses for the year, it has to remain flexible to adjust for changes in the business. Hopefully these changes are positive with increasing revenue, controlled costs and higher profit. The next Citrin Cooperman Corner column will appear on this page Monday, October 1, 2012 dealing with how to make your business profitable. About the Author: Gilbert K. Watkins is a partner at Citrin Cooperman’s Norwalk office. For over 30 years he has provided counsel, financial analysis and performance measurement to businesses in a variety of fields. Gil can be reached by phone at 203-8474068 or via email at: gwatkins@ citrincooperman.com. Citrin Cooperman is a full-service accounting and business consulting firm.

A MESSAGE FROM CITRIN COOPERMAN FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012

UNION CHIEF — From page 1

layoffs to extract concessions on benefits in an effort to balance the state budget. “Oh hell, I bang heads with everybody,” Malloy said. “Every discussion I ever had with (Palmer) – whether it was around politics or the closure of Wright Tech (in Stamford) or the future of the ‘vo-tech’ high schools in our state or the organization of nurses or the rights and responsibilities that employers have to employees – more often than not, we’ve been in agreement. That doesn’t mean we were in 100 percent agreement, but we were far more often in agreement.”

DATTO — From page 1

Datto’s watch. If a coincidence that Inc. magazine ranked Datto 38th in its annual Inc. 500 list on the one-year anniversary that Tropical Storm Irene struck Connecticut, it also hammered home the company’s appeal as an easy way to back up files, while maintaining access to data during events that disrupt entire company networks. It was not so long ago that founder Austin McChord was hunkered down in a basement office of his father’s Wilton engineering firm, fresh out of school with an idea for a small data storage device – ironically the Datto 500 – that now occupies a museum shelf of sorts at Datto’s Merritt 7 offices in Norwalk. “Ironically, all those failed,” McChord said. “That was being sold to consumers and what we ended up hearing was that IT service providers … wanted to resell it and they wanted to sell it to businesses. So what

AFT Connecticut

Sharon Palmer

Former Stamford and Bridgeport official Dennis Murphy has been acting DOL commissioner since the departure last spring of Glenn Marshall, a longtime carpenter’s union activist from Milford with an extensive background in workers’ safety and rights, but relatively scant experience in workforce development. “I’m very proud of what the Labor Department is doing – more inspections, more protection of employees, holding people to a far higher standard than any recent administration has held employers,” Malloy said. “That work is going to continue.” Palmer makes two straight appointments for Malloy of union officials to lead

ended up happening is we kept tugging at that string because this market was calling us.” In 2009, Datto abandoned direct sales in favor of those resellers, and revenue shot up, even as competing backup services such as Backblaze, Carbonite, CrashPlan, Dropbox, JungleDisk and Mozy from EMC Corp. also attacked the market. “From the technology standpoint, we’ve always been ahead of the game,” McChord said. “What’s really helped us, when we made that switch to go channel only, then we started taking feedback from the resellers who said: ‘Well, wouldn’t it be great if the product really could do this or do that?’ And so we got all this feedback in and we kept iterating on it.” In the event of a downed server, Datto’s SIRIS server can spin out an identical copy in less than six seconds – a short enough period of time that many end users do not even notice their email server died. If a company’s building network goes offline, Datto can reconstitute a company’s IT infrastructure from its own data centers.

DOL. He said that was not by design, but also expressed his admiration for the work of labor unions, dating back to his youth when his mother was a union member. “It is called the labor department, but there is no exclusive franchise (for unions),” Malloy said. “I have had labor representatives fill the job; on an acting basis, I had someone with a management background (in Murphy).” Still, Malloy again passed up potential opportunities to install an expert in the workforce needs of corporations, even as he starts a lengthy experiment in turning around Connecticut’s worst schools. In Palmer, Malloy gets an activist well versed in the challenges facing schools. This past summer, Gov. Andrew Cuomo installed a state assemblyman and onetime law-enforcement official as his first appointee to lead the New York State Department of Labor. New Jersey’s labor commissioner is an experienced banker and businessman; in Massachusetts, a former AFL-CIO attorney leads the bureau dubbed the Department of Labor and Workforce Development. As the case with Marshall, Palmer will have no shortage of workforce experts in Connecticut on which to draw ideas – but suggested she has some ideas of her own on that front. “I hope I’ll be able to combine my experience in education and retraining and connecting jobs, through higher ed and perhaps through our voc-tech system and our vocational colleges,” Palmer said. “I think I bring some expertise from the area of education.”

“There’s a reseller of ours up in Ridgefield,” McChord recalled. “He actually had a customer and they took a (Datto) appliance from their office and brought it to the CEO’s house, and spun up the (system) there.” At the touch of a key, McChord can bring up maps that show all the power or network outages in the country where Datto backs up servers, with Hurricane Isaac’s impact clearly visible as a cluster of blue icons signifying down time. The company has 120 people today and its new floor can accommodate at least 80 more where Webloyalty was once based before its 2011 sale to Stamfordbased Affinion Group Holdings, which itself barely made the Inc. 5000 list with singledigit growth. Asked to describe building a company in a recession and its aftermath, McChord’s response was simple. “We never existed during good economic times, so it’s hard to really tell you the difference,” he said.

STAMFORD — From page 1

“We work out what’s beneath the initial headlines,” Trisha Goddard said. “The aim is for there to be some resolution. You take something away because the guests take something away.” The show is NBCU’s fourth daytime talk show to be filmed at the Stamford Media Center since the company relocated to Connecticut in 2009 to take advantage of the state’s 30 percent film, television and digital media tax credit program for productions over $1 million. In the last two years, the Stamford Media Center (SMC) has spent more than $23 million for its NBCU shows on local construction and maintenance companies, restaurants, hotels and other services. To upgrade its set for “Trisha Goddard,” SMC spent roughly $600,000 for local contractors and construction companies and added about 50 new positions to its total staff of 230, according to NBCU. In the show, which began taping in August, Goddard helps her guests overcome issues ranging from single parenthood to personal debt. For the past several seasons of “Maury,” she’s been a guest conflict-resolution expert and before that the British television presenter hosted and produced shows in Britain and Australia. “This show goes back to what was great about talk years ago,” said Paul Faulhaber, NBCU executive producer. “You take a great story, incredible host and it’s not about bells and whistles, but getting to core of the story. It’s a joy to watch. It’s TV magic.” Faulhaber said Goddard’s diverse background and “five” lifetimes worth of experiences allow guests to instantly connect and respect Goddard’s advice. “You see them leaving better than they came,” Faulhaber said. “People can’t be changed in a day, but it’s amazing when you see someone plant the seeds of change.” Goddard has lived around the world, raised two children, had an ex-husband die from AIDS and had a sister deeply affected by a mental illness. She’s trained in conflict resolution and has served as the chair of Australia’s national Consumer Advisory Group on mental health. Additionally, she’s a licensed neurolinguistic programming practitioner, which relies on self-hypnosis and communication skills to motivate oneself to change. In the last two years, NBCU’s shows have brought 160,000 audience members into Stamford and “Trisha Goddard” is expected to bring 800 more guests into Stamford per week. The guests come mainly from the tristate area and many are New York City tourists that NBCU buses into Connecticut. The show will continue filming into April and NBCU caters lunch for audience members between tapings.

6 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Success of CI internships results in more funding jbissell@westfairinc.com

fter a successful summer session, Connecticut Innovations will be continuing funding for student internships under its Technology Talent Bridge program. CI is a quasi-public organization that provides financial assistance to companies to stimulate the state’s economy and job creation. The internship program started in April as a way to connect Connecticut college students with local companies. The goal is to increase the likelihood that graduating students find quality work in the state, preventing the state’s infamous young talent drain. Only students enrolled in a Connecticut four-year institution qualify for the program’s internships. This summer the program provided 10 companies with grants of up to $25,000 to hire interns. Undergraduates were paid up to $15 an hour and graduate students were paid up to $25 an hour, unless companies decided to use their own funds to pay more. As of press deadline, none of the 16 students in the program have officially received job offers but the outlook is promising. “All the companies have been extremely pleased with their interns and are hoping to hire them once they graduate from school,” said Christine Gemelli Christine Gemelli, CI program manager. “Three of the companies that have summer interns are finishing up right now and the rest of the companies have the students going into the fall and spring semesters.” Some might question the likelihood that a company would hire a new employee when it doesn’t have the funds to hire an intern, but Gemelli disagrees. The program miti-

gates the risk in an expensive new hire and reduces the training costs. Additionally, the program allows the company to test more potential employees at a lower cost, said Fred Jackson, president of Strain Measurement Devices Inc. in Wallingford. Using the program, Jackson’s company hired an additional intern this summer it wouldn’t have otherwise had funds to hire. The sensor manufacturing company assigned its interns to develop a new sensor

AV T Ai rA LA d BL in E G im Su m iT Ed ES iA TE LY

BY JENNIFER BISSELL

that could be used to expand the company’s portfolio. A Yale University student not only met the challenge, but designed a sensor that worked even better than the company’s existing sensor for its primary market. “We’re thrilled with his performance,” Jackson said. “He did great work and he’s going to continue (working) throughout the school year.” Strain Measurement Devices is able to hire roughly 40 percent of their interns, simply because the interns are able to pay

for themselves in a short period of time by bringing in new business as a part of their jobs. Jackson said the interns he hired through the program worked very well with the company and would likely be hired in the future. “Once someone works here for three months, you can see how they struggle and get things done,” Jackson said. “You learn quickly who you want to hire and if you hire more people you can see more people who you want to hire.”

1700 EAST PUTNAM AVENUE

a suite location

at a sweet price... Average price per sq ft:

$45

$55

$65

$75

$85

1700 EAST PuTnAm AVEnuE STAmfOrd dOWnTOWn ArEA GrEEnWiCh dOWnTOWn ArEA

FAIR ARGUMENT “You may take comfort in learning that surveys have shown that Yale parents are the most satisfied in the Ivy League.”

mOVE-in rEAdY SuiTES AVAiLABLE Trading floor ready • Executive parking • Small to large sq. footage • Complimentary train shuttle Adjacent to hyatt regency Greenwich • fitness center with personal trainers • full-service café

Contact us today for a tour: 203-637-3060 or 203-325-5380 | www.1700eastputnam.com – Rick Levin, president Yale University, in August welcoming remarks to Yale class of 2016

1700 East Putnam Avenue, Old Greenwich, CT 06870 203.637.3060 or leasing@relatedproperties.com

177 Broad Street, Suite 700, Stamford, CT 06901 William V. Cuddy, Jr: 203.325.5380 or william.cuddy@cbre.com

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012

Gold coastal property In brief

Smiths Detection closes Danbury office Smiths Detection reportedly shut down its Danbury office in a consolidation to a facility in Maryland, with that state awarding $850,000 in aid. Smiths Detection has its Danbury facility at 21 Commerce Drive, with the office functioning as the first point of contact for emergency responders and also handling military inquiries for hand-held chemical and biological detection and identification devices. The London-based company is moving 100 employees from Danbury and Morristown, N.J. to Edgewood, Md., according to the Baltimore Sun. A company official said Edgewood appeals in part due to its proximity to the U.S. Army’s Aberdeen Proving Ground test facility.

Bridgeport sues Fannie, Freddie The city of Bridgeport filed a class action lawsuit against Fannie Mae and Freddie

Mac, claiming the two mortgage giants have not paid taxes on real estate transfers. The city alleges that Fannie Mae and Freddie Mac illegally claimed to be government entities that are not required to pay taxes when they transfer property. Fannie Mae and Freddie Mac have previously defended themselves, claiming exemption because they are government sponsored.

UTC moves Goodrich work to Danbury United Technologies Corp. is closing a Goodrich Corp. in Ithaca, N.Y., moving the work to its Goodrich lab in Danbury that the company has recently expanded. Hartford-based UTC acquired Goodrich last month for $16.4 billion, merging it with subsidiary Hamilton Sundstrand to form UTC Aerospace Systems. The relocation could add as many as 125 jobs in Danbury, according to Danbury Patch, which cited Stephen Bull, president of the Danbury Chamber of Commerce.

MerrittView owner wins appraisal appeal A judge reportedly ruled the Norwalk tax

We’ve Been Helping Businesses Grow for Over 75 Years

assessor’s office overvalued the MerrittView office building by $15 million in a 2008 revaluation, or nearly 44 percent above the property’s accurate value. MerrittView, 383 Main Ave. in Norwalk, is owned by New York City-based Malkin Properties. Tenants include Reed Elsevier and the Fairfield County Community Foundation According to the Norwalk Hour, Judge Arnold Aronson determined a gross income for the building of $6.3 million and operating income of $3 million.

Shell Island Tower, a 60-foot tall structure built in 1925 as a memorial. Great Captains Island Light House, which dates back to 1868, has been renovated to insulate walls and windows and improve the power supply, in addition to refurbishing wood interiors. “It is now especially important to remind everyone that saving a building means preserving the resources embedded in it as well as protecting our architectural heritage,” said John Morris Dixon, who chaired the awards committee.

Zero waste for Bigelow

Toll Bros. incentive under scrutiny

R.C. Bigelow Inc. achieved a “zero waste to landfill” certification, thanks to efforts at U.S. plants as well as its Fairfield headquarters. To qualify under guidelines published by Zero Waste International Alliance, companies must divert 90 percent per cent of their waste from landfills. The company’s Fairfield facility diverts all of its trash through composting, recycling and sending the remainder to a local trash-to-energy plant. Its Louisville, Ky. facility diverts 95 percent of its waste materials, and its Boise, Idaho facility diverts 92 percent. “We are committed to achieving and maintaining excellence in all facets of our business,” CEO Cindi Bigelow said in a statement. “We set the bar high, then challenged company employees to meet it. And meet it they did, by finding ways to reduce, reuse and recycle everything from materials used daily in the manufacturing process; to the cups, plates and utensils used in all three cafeterias.”

St. Vincent’s denied permit Offering our clients a wide variety of service in: Public and Municipal Law • Corporate/Business Law • Commercial Real Estate Land Use • Education • Estate Planning/Probate • Labor and Employment Litigation • Affordable Housing • Urban and Economic Development

75 Broad Street Milford, CT 06460 (203) 783-1200

27 Imperial Avenue Westport, CT 06880 (203) 227-9545

For more information visit www.bmdlaw.com

Your #1 source for local business news

westfaironline.com

Fairfield denied St. Vincent’s Medical Center’s application to build a cardiac care center on Park Avenue citing the potential impact on area residences. The building would have been designed for 25,000 square feet of space on two floors, sufficient for as many as 75 employees.

Preservation awards The Greenwich Historical Society bestowed preservation awards for three projects, including the Brant Foundation Art Study Center, which was built in 1902 as an orchard facility and later used as a sports venue. The Greenwich Historical Society also cited Amos Brush House for what it called a “historically sensitive” addition of a garage and upper level library, as well as a dining solarium overlooking a yard. The Greenwich Land Trust was recognized for its scaffold-less restoration of

The Connecticut Real Estate Commission scheduled an Oct. 3 hearing in Hartford, as it readies a declaratory ruling on an incentive program Toll Brothers hopes to roll out to bolster home sales in Connecticut. Toll Brothers developments in Connecticut include Rivington in Danbury and The Summit at Bethel. Under the Horsham, Pa.-based company’s incentive program, those who already own a home by Toll Brothers would receive a “gift,” in the company’s words, of up to $3,000, if they recommend a family member of friend to buy a home that results in a transaction. Connecticut law prohibits referral fees or shared commissions for anyone who does not hold a real estate license. A Toll Brothers attorney stated the company should be allowed to pay a “recommendation fee” due to the company’s status as a homebuilder and seller. Toll Brothers stated it in no way would interfere with the ability of any broker to earn a commission on the sale of a home, and that any homeowner gift would be in addition to any commission paid a broker.

Westport eatery opens New York City-based Arezzo Ristorante opened a Westport restaurant on the Saugatuck River at 5 Riverside Ave., serving northern Italian fare. The restaurant has seating for 80 people, along with 40 more on an outdoor patio overlooking the river. The facility is available for corporate functions.

Cancer center for pets opens in Norwalk The Veterinary Cancer Center (VCC) opened at 129 Grover Ave. in Norwalk, providing chemotherapy, radiation and other services, in addition to clinical trial work. VCC says it is among the largest standalone animal cancer facilities in the nation. – Jennifer Bissell and Alexander Soule

8 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Encon, GSG Leasing launch solar financing program BY JENNIFER BISSELL

jbissell@westfairinc.com

ew business-financing programs are beginning to surface as the state’s renewable energy credit program begins to ramp up. To help businesses fund solar energy projects without any upfront installation costs, Encon, a solar energy system provider in Stratford, has partnered with GSG Leasing to offer flexible financing options. Solar energy can significantly cut down on utility bills and pay off quickly through tax credits, but investing in a new solar energy system can be costly. By offering financing however, companies can see savings right away, said Glenn Cucinell, Encon’s solar energy division manager. “You have a return on investment from day one,” Cucinell said. “From that day forward, it is just pure savings.” Last summer the renewable energy credit program was signed into law, which allows Connecticut utility companies to buy renewable energy credits from businesses generating their own renewable energy. The program allows utilities to meet the state’s increasing renewable energy quota requirements as well as save money. It also encourages more small-scale renewable energy projects. If a business’ project is chosen for either the zero or low-emissions renewable-energy credits programs, the company can then enter into a 15-year contract with Connecticut Light & Power or United Illuminating Co. to receive monthly payments for the renewable energy it generates. Encon and GSG will begin moving forward with their financing program after UI and CL&P announce how much the credits will be worth, which is expected to occur later this month. GSG, which has offices in New York City and Fairfield, will help companies, schools and government buildings interested in solar energy, navigate the credit application process and then offer unique financing to fit the businesses’ financial

needs. Energy finance is the leasing com- projects in just six months through one of pany’s fastest growing division. Cucinell Energize Connecticut’s initiatives. estimated the installation cost for a comEnergize Connecticut is a new umbrelpany is paid for by three or five years of la partnership among the Connecticut utility bill savings. Department of Energy and Environmental Encon’s solar division launched May Protection, Connecticut Energy Efficiency 2011 and has installed 24 systems to date. Fund and the Clean Energy Finance and But with growing interest in solar, the Investment Authority. This fall the orgacompany expects to be growing as fast nization will be launching a website for as it’s able. Encon was named Energize state residents and business owners to get Connecticut’s preferred installer for more information about energy efficient Westport and will be handling about 60 and renewable energy programs available, David7.375x8.5_Layout 1 7/10/12 8:41 AM Page 1

including rebates and funding incentives. The website will also offer residents and businesses a holistic approach to saving energy, said Bob Wall, CEFIA director of marketing and outreach. Business owners shouldn’t just put solar panels on their buildings, Wall said, they need to think comprehensively about their energy use. Companies need to assess their building’s energy efficiency first and then they can determine energy requirements.

Exceptional Catered Cuisine corporate • weddings • special events Since 1988, David’s Soundview Catering has delivered top-notch personal service and creative catering services for Corporate, Non-profit, Academic and Private clients.

David’s Soundview Catering does it all! • Corporate Functions • Client Meetings • Sales, Workshop & Training Setup • Corporate Food Service Solutions • Special Events & Fundraisers • Bar & Bat Mitzvahs • Weddings Call us today and experience exciting gourmet cuisine at work & all your special celebrations.

Need a Lead? Check our

On the Record section. Business leads fresh weekly.

203.324.5724 events@davidscatering.com www.davidscatering.com

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012

Captive insurance, a form of self insurance, is the fastest growing risk management tool used by companies today. Whether your business already has a captive or not, come learn why a Connecticut captive insurance company may make sense for your company.

The Symposium on Captive Insurance in Connecticut FrIday, OCTOber 5, 2012 8:30 a.m. to 11:30 a.m. The bushnell Center for the Performing arts 166 Capitol Avenue Downtown Hartford Welcoming Remarks

Thomas Leonardi Commissioner of Insurance, State of Connecticut

Catherine Smith Commissioner of the Department of Economic & Community Development, State of Connecticut Registration, Networking & Continental Breakfast begin at 7:30 a.m. This event is FREE and open to the general public, but seating is limited.

ask andi by andi gray

Get more efficient with cost estimate We have a lot of walk-ins who are potential customers. They are doing their homework on what’s available and what things cost. Right now, if they ask for an estimate we say we’ll get back to them. But then there’s a week of delays to get the estimate out and once they get a price from us it’s an opportunity for them to go to our competitors. I want to close more sales on the spot and reduce the chances prospects will make a purchase elsewhere. Thoughts of the day: Qualify prospects for needs and timing. Create a system to quote on the spot. Tell prospects what to expect from you next and build trust by doing exactly that. Ask for commitment before saying goodbye. Systematize basic sales skills. Create a set of routine questions that every salesperson asks right off the bat in order to get to know what a prospect needs. Build a questionnaire that salespeople fill out that matches how information gets fed into proposals. Have a spreadsheet that tracks prospects, including introduction, information gath-

ering, proposal submission, follow up and final decision. Note which competitors your salespeople run into and who on your sales team is involved in each sales opportunity. Analyze what’s going on. Which competitors should you watch out for? Why? Which salesperson is doing an excellent job at each sales stage? What can you teach your salespeople so they can replicate best practices? Define the scope of prospects needs. Try explaining it this way. “Some people need very complex solutions and will pay hundreds of thousands of dollars. Other people want something simple and have a very limited budget. I don’t want to waste your time or mine. Give me a ballpark figure that you think you can live within so I can create options that fit within your budget.” Review the pattern and complexity of your company’s sales. Look for the things that come up regularly. Make policies – which kinds of clients get what levels of discounts and who in the company has to approve them. Work out standard quote language with blanks that can be filled in. Build templates on the computer that the salesperson can pull up and quickly complete while the customer is still in front of them. If it’s necessary to get management approval before extending a quote, make sure there’s always a manager on call. Customers want to have a relationship with the person who is selling to them. That doesn’t mean knowing everything about a prospect’s family history. It does include

being knowledgeable about the buyer’s needs and helping that buyer to be more successful. Record notes in a database for access throughout the sales process. Establish business relationships. Tell prospects what to expect. Refer prospects to satisfied customers who can vouch for how the salesperson helped them, as well as vouch for the product or service. Make sure prospects know how to reach a salesperson. Return all calls by the end of the day, even if it means sending an email or leaving a voicemail. Seek commitment. It’s fair to ask where a prospect is in the decision-making cycle and what would cause them to take action on a proposal. It’s also fair to point out that as a salesperson one gets paid by educating customers and helping them to find the right solution. And that the job isn’t complete until the customer has made a purchase with which he/she is satisfied. Ask the prospect what else has to be done to complete the job. Looking for a good book? Try “How to Get Your Point Across in 30 Seconds or Less” by Milo O. Frank. Andi Gray is president of Strategy Leaders Inc., strategyleaders.com, a business-consulting firm that specializes in helping entrepreneurial firms grow. She can be reached by phone at (877) 238-3535. Do you have a question for Andi? Please send it to her, via email at AskAndi@StrategyLeaders.com or by mail to Andi Gray, Strategy Leaders Inc., 5 Crossways, Chappaqua, NY 10514. Visit AskAndi.com for an entire library of Ask Andi articles.

ThIS SymPOSIum wILL COver: l why a Connecticut Captive

Insurance Company makes Sense for your business l The Tax advantages of Captive Insurance l Getting Started with your Captive Insurance Company l Captive Insurance in Practice

10 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

GUESS WHAT WAG’s CLASS & SASS GALS ARE UP TO AT BLOOMIE’S?

Sponsor

SEPT. 13 BLOOMINGDALE’S WHITE PLAINS 175 Bloomingdale Road, White Plains 5:30 P.M.

Save the date. You won’t want to miss this unique fall fashion event complete with hors d’oeuvres and beverages. RSVP (914) 684-6306, seating is limited.

Styling by Sandy Hapoienu FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012 11

IN THE FIELD In brief

State gets $107M health IT grant Connecticut received a $107 million federal grant to further the design and development of the state’s health insurance exchange. The U.S. Department of Health and Human Services funding will be used for staff and consultants to manage the exchange’s creation and for development of an information technology system that will assist in enrollment, provide information for consumers, insurers and agencies and determine eligibility.

Poll: McMahon takes early lead In a Quinnipiac University poll of likely voters in late August, Republican Linda McMahon held a 49-46 advantage over U.S. Rep. Chris Murphy in the race for the seat of U.S. Sen. Joe Lieberman. McMahon held a commanding 55-40 majority among independent voters, who helped Lieberman win a final term in office in 2006 after losing the Democratic

primary to Ned Lamont, but making the ballot as an independent. Quinnipiac’s poll director Douglas Schwartz dubbed the race too close to call. Quinnipiac University surveyed nearly 1,500 likely voters between Aug. 22 and 26, assigning a margin of error of plus or minus 2.6 percentage points. “McMahon has worked on her image in the last two years, and it shows,” Schwartz said. “Voters like her more now than they did when she faced Richard Blumenthal in 2010.” President Obama held a 52-45 percent lead over Mitt Romney among likely voters in Connecticut, with 12 percent of both camps saying they might change their mind. The economy will be “extremely important” to their presidential vote, 58 percent of voters say, higher than any other issue. Medicare will be extremely important for 41 percent of voters, with Obama deemed a better choice on that issue and more voters choosing Romney when it comes to the economy.

IBM buying HR software firm For nearly $1.3 billion, IBM Corp. is

acquiring Kenexa Corp., whose software helps personnel departments perform a wide range of functions, from recruiting employees – including via social media – to planning compensation and retention measures. Wayne, Pa.-based Kenexa has about 2,800 employees. In the second quarter, the company lost $1.7 million as sales rose 25 percent from a year earlier to $86 million. It was Armonk, N.Y.-based IBM’s second acquisition announced in August, following a deal for Texas Memory Systems, a Houston-based maker of flash memory devices, with IBM not immediately disclosing transaction terms.

Survey finds manufacturers confident More than half of Connecticut manufacturers surveyed said they plan to hire in the coming year, according to a poll of nearly 200 companies undertaken by the offices of U.S. Sen. Richard Blumenthal and U.S. Rep. Chris Murphy. About three in four companies indicated they are confident in their financial future, a sentiment seemingly at odds with

many over the past several years that have voiced worries about Connecticut’s high costs of doing business and the resulting impact on profit margins. By far the biggest concern for companies is the cost of health care insurance, with 78 percent saying they are very concerned; followed by taxes and regulation. “This survey shows that Connecticut manufacturers are confident, can-do job creators – most planning to hire new workers and raise pay – but still struggling to find people with the right skills to fill positions,” Blumenthal said in a statement. “The survey reinforces the need for tax reform like the Bring Jobs Home Act that will enable manufacturers to grow jobs and re-shore them from abroad.” More than 70 percent of respondents say they face competition from foreign sources and 45 percent say that outsourcing has hurt their business.

OPEL exits solar Northern States Metals is acquiring the solar business of OPEL Technologies, a Toronto-based company with main U.S. office in Shelton. OPEL’s high-concentration photovol-

12 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

taic system focuses sunlight from a comparatively large area onto small receivers, with OPEL also selling machinery to help keep panels aligned with the sun. The company struggled to sell the system, however, and plans to focus on a semiconductor technology it is developing at a University of Connecticut business incubator. Northern States Metals is an aluminum machining company with corporate offices in West Hartford and manufacturing in Youngstown, Ohio. Through Solar FlexRack, it sells a photovoltaic mounting system that has been used in a range of settings.

CL&P has new president Northeast Utilities named Bill Herdegen III as president and chief operating officer of Connecticut Light & Power, a year after CL&P struggled to restore power to Connecticut homeowners and businesses beset by Tropical Storm Irene and later, the October nor’easter of 2011. Most recently, Herdegen was vice president of transmission and distribution operations at Kansas City Power & Light, including KCP&L’s storm response plan that has won plaudits from federal agencies.

Fed: Modest growth this summer The tristate area’s economy expanded at a modest pace this summer, according to the Federal Reserve Bank of New York’s latest Beige Book informal survey, though there were scattered signs of softening in the labor market as some industries scaled back hiring. Retailers, however, report generally favorable results, the Fed added, with auto dealers reporting fairly strong sales remain fairly strong and tourism active with attendance at Broadway theaters running about 5 percent ahead of a year earlier.

Manhattan’s office market strengthened somewhat in July, as leasing activity picked up and vacancy rates edged down. A major New York City employment agency specializing in office jobs, however, reported that hiring activity was even more sluggish in July and early August than is usual for the this time of year. And a contact in the securities industry told the Fed there has been neither any significant increase in layoffs nor much hiring.

State e-book buyers to receive $1.3M Connecticut consumers will receive up to $1.3 million, following a settlement with three publishers over e-book price-fixing allegations. Hachette Book Group Inc., HarperCollins Publishers L.L.C. and Simon & Schuster Inc. agreed to pay more than $69 million to resolve antitrust claims. Earlier this year, the U.S. Department of Justice announced an investigation against the three companies as well as Apple, Macmillan and Penguin, which are not participating in the settlement. “While publishers are entitled to their profits, consumers are equally entitled to a fair and open marketplace,” Connecticut Attorney General George Jepsen said in a statement. “This settlement … will restore competition in the e-book market.” Along with Texas, Jepsen’s office took the lead in working with the Justice Department in the investigation.

First Reserve buys Texas chemical company Alongside SK Capital Partners, First Reserve Corp. is acquiring chemicals company TPC Group Inc., in a transaction worth $850 million. Houston-based TPC sells chemicals used in rubber, gasoline blends and coatings, among other products. First Reserve

FAIR ARGUMENT “Rick Levin is simply one of the world’s great leaders. He has been transformational in envisioning how a university should be a leading citizen in its home community and he has boldly staked out how the leading universities should become global institutions. His example has been a guide for how universities around the world can have a much greater impact.”

is based in Greenwich and SK has its main office in New York City. Founded in 1943, TPC until 2010 was known as Texas Petrochemicals. TPC earned $3 million in the second quarter as sales dropped 13 percent to $690 million. As of June 30, the company listed assets of $985 million, including $135 million in cash.

Feds award funding Bridgeport won $1.6 million in funding from the Federal Highway Administration to roll out a citywide bicycle route network and bike-share project, allowing participants to pick up and return bicycles at designated locations when needed. Also winning $2.8 million in funding was the town of Greenwich, which will install adaptive signal control technology along the Arch Street corridor to improve the flow of traffic between traffic lights. The city of Norwalk will receive $3 million to complete the third phase of an ongoing traffic signal upgrade program on Route 1, Route 123, East Avenue and Strawberry Hill Avenue.

Wage gap widens Connecticut’s wage gap has grown since the recession and through the recovery, according to a new study, with the highest-income workers enjoying compensation growth four times that of those near the median wage. The state is increasingly becoming a state of “haves and have-nots,” stated Connecticut Voices for Children. The organization collaborated on the study with the Economic Policy Institute of Washington, D.C. Connecticut’s median wage grew 2.4 percent between 2006 and 2011, after adjustments for inflation. For those workers earning wages above the 90th percentile, however, wages grew by 11 percent over the period. In contrast, those Connecticut workers with pay below the 10th percentile saw their wages fall 0.2 percent. Voices for Children said the state is continuing a trend in which it is losing high-paying manufacturing jobs, with the gap filled by lower-paying jobs in education, social services and health care. – Jennifer Bissell, Patrick Gallagher and Alexander Soule

ARE YOU PAYING TOO MUCH FOR YOUR INSURANCE? Are you properly covered?

AUTO • MOTORCYCLE • HOME • LIFE RETIREMENT PLANS • RENTERS • CONDO • CO-OP

J. GIARDINA

For a

QUICK QUOTE

INSURANCE JOE GIARDINA

Licensed Agent

visit our website www.jgiardinains.com

Protecting your personal as well as business assets.

(866) 540-6555

WE SERVICE THE TRISTATE REGION AND PROVIDE TOP LINE INSURANCE

LEAGUES FORMING NOW All Levels: Men’s, Women’s & Co-Ed Leagues

– Yale University trustee and PepsiCo Inc. CEO Indra Nooyi, Greenwich

I-95, Exit 9 • Stamford, CT • chelseapiersCT.com/leagues FCBJ 1-8p 9-10-12.indd 1

8/27/12 2:52 PM

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012 13

Fairfield County Welcomes the Travelers Championship

The Business Council Honors James P. Torgerson with the Walter H. Wheeler Jr. Leadership Award

Celebrating the Travelers designated Championship’s new office grand beneficiaries, opening in Stamford, a reception The Hole in was held at TrumpCouncil Parc Stamford on the Wall Gang policy debate by analyzing the impact boards of the Edison Electric Institute, The Business of Fairfield March annually 2nd, andrecognizes featured an a special Camp and of five key areas of state services on the American Gas Association, CBIA, County excepguest leader appearance from PGA TOUR the Greater the state’s economic vitality. By provid- and The Business Council of Fairfield tional of the regional business professional Through Billy Andrade. Har tford ing data-driven research and analysis, County. He is a member of the Americommunity. the Walter H. The Travelers Championship is Jaycees. many of the reports’ recommendations can Cancer Society’s CEOs Against Wheeler, Jr. Leadership Award, The Connecticut’s only PGA TOUR event Also, more than 130 other have been adopted by the legislative Cancer, and a trustee of the FoundaBusiness Council demonstrates its and is looking to expand its reach Connecticut charities par ticipated and executive branches to improve tion for the Advancement of Catholic commitment to volunteer leadership into Southern Connecticut with the in tournament fundraisers in 2009 Connecticut’s fiscal position. Schools. and offersofa role modelat for707 all businessopening an office Summer to help generate dollars for their speJim also chairs REX, the New HaFor more information, please conpeople to emulate. The award, named Street in Stamford. The office space cific causes. In 2009, the Travelers ven area’s regional economic developtact The Business Council at 203-359after the visionary Pitney Bowes leadwas generously donated by The Championship donated $1.08 million ment organization, and serves on the 3220. er, celebrates the spirit innovation Ashforth Company and ofthe tourna- to non-profit organizations throughand our commentcorporate has alsoleadership partneredin with The out the state. A special thank you to this year’s munity. Business Council of Fair field to help “We are excited for the opporWalter H. Wheeler, Jr. Leadership Award Committee*: with theyear expansion. This we are pleased to honor tunity to be a part of the Fair field “We P. welcome Travelers James Torgerson, the President and County community,” said Travelers The Ashforth Company Pitney Bowes Inc. Championship the Fair fieldHoldings County Championship Tournament Director Chief Executiveto Officer of UIL Pharma L.P. engaged his colBank of Americaness MerrillCouncil. Lynch Purdue The said Business Council of Fairfield&County annu-Grube.The“The 2010 Travelers Walter H. Wheeler, Jr. Leadership He has actively area,” Chris Bruhl, President Nathan Corporation on Tuesday, October 23, Connecticut Light & Power PwC LLP ally recognizes an exceptional leader of the regional Award will be presented to Richard E. Taber, Chairleagues in community service opportunities, worked CEO,the The Business “Their with 2012 Walter Council. H. Wheeler, Jr. Championship is a premier statewide Day Pitney LLP RBS Markets & International Banking business community. man of the Board & CEO, First County Bank on tirelessly for access to affordable housing, and has philanthropy reaches all corners of event, and we’re eager to continue industry, Jim has volunteered his time Deloitte Robinson & Cole LLP Leadership Award. theChosen state and we wish them great to have a great partnership with the Through the Walter H. Wheeler, Jr. Leadership Tuesday, October 5th. been deeply supportive, through personal leaderDiserio Martin O’Connor & Castiglioni LLP Shipman & Goodwin LLP for his leadership in the ar- and expertise as Chair of the ConnectisuccessThe as Business they increase their pres- businesses, volunteers, charities and Sikorsky Aircraft Corporation FinnconDixon ship & Herling Award, Council com- for Mr.21st Taber is a respected and LLP the Bank’s community investments, in exInstitute the Century, an or- community leader eas of economic vitality, fiscaldemonstrates stability cutits ence in the region.” leadership and offers fans aofrole Connecticut. Without them, Stamford Hospital County Bank mitment to volunteer his time and leadership to a variety of areaFirstpanding educational opportunities for all children. ganization ledtributing by a group of volunteer and education, Jim has become a reThe tournament donates 100% of the success of this tournament would TD Bank on this year’s Walter H. General Electric Corporation private and public sector thought leadmodel for all businesspeople to emulate. The award, non-profits including the Housing Development For more information spected and influential leader in Connet proceeds ever y year to its two not be possible.” Harbor Point Development Towers Watson ers thatcelis focused creating opportunecticut’s business community over leader, named after the visionary Pitney Bowes Fund,onStamford Partnership, the United Way, the Wheeler Jr. Leadership Award Dinner, please conKPMG LLP UIL Holdings Corporation nities for economic growth in the Services state. the past corporate six years.leadership in our community. ebrates Downtown Special District, and The Busi- tact The&Business Council at 203-359-3220. Bank Morrow Co. Webster Much as he recognized the oppor- Under Jim’s leadership, The Institute O’Connor Davies, LLP Wells Fargo Bank, N.A. tunities to grow and diversify within his has helped shape informed public People’s United Bank *Committee in formation

Honoring

Richard E. Taber, Chairman of the Board & CEO, First County Bank

Leadership Fairfield County: Access. Connections. Solutions.

Save the Date: Legislative Leadership Breakfast The Business Council of Fairfield County Leadership Fair field leadership development Forecast for the Connecticut LEADERSHIP NETWORK activities. SNAPSHOTS County is a professional Participants March 24, 2010

Announces Two New Position Openings

and Regional Economies

non-profit representatives. For more information development program that encouraged to actively Registration: 7:45am Breakfast Program: 8:00 – 9:30am is a business Human Capital Council leadership areand Employee wellness contactpresenters Elizabeth Bradley broadens succession the skills andannounced engage in dia- at ebradley@businessfairCost: $45 members; $55 non-members – and Business Council - issue. perspectives of organiza- Susan Johnson, and advantage field.com. Stamford Plaza Hotel and Conference Center Vice logue In 2007 and 2009, a team of member executives ary commensurate withtake responsibilities Business Development UConn economistsplease will provide their tional leaders and provides of their expertise by asking For more information, call 203-359-3220 President, Strategic Talconducted “Healthy Workplace” employer recognition and experience. Full benefits. most recent assessment of the health Director the region with individuthoughtful andNew thought pro- forming? group ent Management & Diverprograms which celebrated the accomplishments of of the regional and state economy, as alsWill whogenerate, are prepared voking questions. developtoand coordiTwelve “trusted advisors,” leaders of firms who peer-selected employers and shared their experiencsity Leadership Communications for Pitney Associate wellcome as highlight significant regional deservenew as catalysts for posiMonthly sessions, begin- have nate member recruitment; develop advise business leaders, together for a es Bowes Inc., has been in events and publications. These were among the Will assist ininthe development and velopments. tive implement change. strategy Established ning March and concludand to convert proof dialogues facilitated by Business Council best received events named Chair of the Human ingseries we’ve ever presented. The Fall 2012 Release of implementation of communications stratin 1992 by the Business in November, last from The Fall 2012 quarterly release of fessional participation by non-member director Lucy Baney, CEO of Access Technologies Capital Council. Susan Members involved in our Health Care Council and the Quarterly Review Council of Fairfield County, threeof member hours toengagement; a full day, in support The perspectives Connecticut on Economy, published executives into company membership; egies Group. Participants have shared the Chief succeeds Cathyparticipate Candland, in Human Resources Officers Roundtable have “Leadership” has served with the majority running the marketing of our probyand UConn’s Economics, conduct annual renewal and recruitment relationship between advisor client,Department discussed ofexpressed CEO, Advantage Human interestMonday, in holding another program later more than 300 executives from 80+ from 8:00 a.m. to 1:00 p.m. All will be September 17, 2012 grams, events and services; aid in buildwill be presented Stamford on Monefforts for leadership teams which re-who held the the potential of forming an ongoing peer group,inand Resourcing, this year, but believe that the opportunity to improve companies, non-profit organizations and held on Fridays. Registration: 8:00am ing brand awareness amongin relevant September quire supplemental investments; support explored ways which theirday, unique sets of 17. knowl- wellness may be larger than can be met in a single position for two years. government agencies. Sites and visited will decision be in Stamford, Program 8:15-9:30am regional national makers in Steven Lanza, Executive Editor, annual fundraising dinner committee edge and experiences can beSPEAKER efficiently OF THE shared HOUSE with HOUSEevent MINORITY SENATE PRESIDENT PRO SENATE MINORITY TheprofesCouncilBridgeport, provides or publication. Each year, mid to senior level Newtown, Hartford and KPMG, Stamford the public and private sectors. Reports to along withDONOVAN contributing editors, will sales efforts; conduct by ongoing research CHRISTOPHER LEADER CAFERO TEMPORE LEADER PRO TEMPORE the broader Business Council leadership network. A LARRY the organizaBoard of Norwalk Directors Later this month, fifteen of the most knowledgesionals are selected their and will include city halls, a $20 WILLIAMS member; $30 JOHN non-member the Director oflively Communications. Salary DONALD MCKINNEY present the latest data from their third into opportunities for competitive funding LinkedIn Group Discussion is also underway. tions to participate in thiswith educational transportation center, a waste water ongoing analysis of able individuals from our most “wellness-active” commensurate with responsibilities and quarter Their presentations will from public Class and private sources. group expects to make and report. announce deciprogram. size issector limited to human 25. treatment public and public charLegislative leaders from the Connecticut General Assembly will regional capital is-facility,The members will meet explore potential acA to special thank youparticipate toadditional in experience. Full benefits. include a review and forecast of Reports to Business Council CEO. Salsions on mission, criteria for participation and serParticipants receive exposure to the aster schools, the State Capitol, a hospital, a moderated discussion of tivities the primary issues facing the State. Moderated by sues, serves a steering andreroles for The Business Council. our event co-hosts, KPMG LLP Individuals interested innext receiving gional economic activity, job with vices over the 4-6 weeks. more information critical issues a correctional facility, among others. theFor Business Council’s VP including of Public Policy, Joeaction McGee, we will use our famous committee for facing related Fairfield BusinessCounty Counciland programs A report, will be and Therecommendations, Ashforth Company. more information about either position trends and expectations over the next through on-site visits, us! moderated you would like Lynn to find out more at lspreadbury@businesscontact Spreadbury “straight to the questions”presented format to to bethe followed And our Follow and services, provides a forum forinterpeer best IfpracticBoardby of moderated Directors atQ&A. its September may contact The Business at 18 months the Bridgeport-Norwalkaction with working professionals, this program pleaseCouncil contact promise: Nofor speeches. Really. fairfield.com. es exchanges and acts as a publiclecpolicyabout advocate. meeting. For more information contact Tanya Court info@businessfairfield.com facebook.com/ Stamford region. tures, discussion groups, and other Tanya Court at 203-359-3220. It is comprised of business, academic, government at tcourt@businessfairfield.com. BusinessFairfield

#BCFairfieldCo

The Business Council of Fairfield County thanks The Community’s Bank for their support of our communication efforts. 14 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

A trip back in time The Norwalk Historical Society has many events and programs throughout the year to celebrate Norwalk’s rich history. From April to June, elementary students have an opportunity to participate in the “Little Red Schoolhouse” program, which provides students with the chance to learn about life in early Norwalk. The program has been enriching minds for more than 40 years. The historical society has many other happenings this fall, including “Norwalk Letterboxing Trail,” a treasure hunt to find historic attractions (through Nov. 1); “Norwalk and the Civil War,” an exhibit on view through Nov. 18; the “Evening of Historical Proportions” fundraiser (Oct. 4); the “Haunted Halloween Graveyard” tour (Oct. 26-27); and the lectures “The 17th Regiment Connecticut Volunteer Infantry & the Civil War” (Sept. 16) and “Norwalk and Lincoln: Some Interesting Connections” (Nov. 11). The nonprofit society is headquartered at Mill Hill Historic Park, just off the Norwalk Green at 2 E. Wall St. It was incorporated in 1899 with the mission to “preserve and educate the public about Norwalk’s history.” Visitors are invited to experience early Americana at Mill Hill Historic Park where they can take a trip back in time to see the Town House (1835), Little Red Schoolhouse (1826), Governor Fitch Law Office (1740) and the Mill Hill (Town Hill) burying ground. Mill Hill Historic Park is open 1-4 p.m. Saturdays and Sundays May through November, or by appointment. Admission is $5; $3 for children age 12 and under. For more information, call 846-0525 or visit norwalkhistoricalsociety.org.

The mission of the Cultural Alliance of Fairfield County is to support cultural organizations, artists and creative businesses by providing promotion, services and advocacy. For more information, visit CulturalAllianceFC.org or email infoCulturalAllianceFC.org or call 256-2329. For events lists, visit FCBuzz.org.

FCBUZZ

Arts & Culture of Fairfield County

SILVERMINE FEST SAYS, YOU GOTTA HAVE ART

“Kid Lancelot’s Birthday Quest” is part of Silvermine’s ArtFest.

The Silvermine Arts Center will play host to its second annual ArtsFest Sept. 15 from 2 to 4 p.m. The free outdoor event is a fun-filled day of music, puppet shows and hands-on art activities. You can stroll the grounds and

Sculpture Walk, enjoying the music of Howard Fishman and the Biting Fish Brass Band as they lead you around the campus. This high-energy band will perform original numbers, mixed with a classic brass-band repertoire of spirituals, blues, gospel and funk. The event will also feature “Kid Lancelot’s Birthday Quest,” a puppet show suitable for young and old, and crafts for all ages led by the distinguished faculty of the Silvermine School of Art. And don’t miss the opportunity to see the end of summer exhibits in the galleries, which run through Sept. 16. The exhibits are “Collective Vision,” a juried guild show; “Silvermine, Milestone Graphics and the American Print Renaissance, 1979-1989,” an historical exhibit; and “Full Tilt,” a solo show of works by Silvermine Guild artist Robert Gregson; along with “The Silvermine School of Art Faculty Show,” on view in Sara Victoria Hall. The Silvermine Art Center is at 1037 Silvermine Road in New Canaan. For more information, call 966-9700 or visit silvermineart.org.

DOMESTIC ARRANGEMENTS

“Reimagining the Distaff Toolkit,” an exhibit exploring household tools as metaphors for the social and cultural histories of women, is at the Housatonic Museum of Art through Oct. 26. Rickie Solinger, an author, historian and curator, reexamines women’s history by viewing domestic tools as fulcrums for contemporary works of art. “The artists in this exhibit place these old tools at the center of their own work – washboard, a dressmaker’s dummy, graters, doilies, an advice book, cooking pans, a

basket, a garden hoe, dress patterns, a rolling pin, buckets, darning eggs, a work glove, a needle threader, rug beaters, ironing boards, mason jars and a telephone.” Among the 28 artists represented in this show are Betye and Alison Saar, Lisa Alvarado, Dave Cole, Judy Hoyt, Larry Ruhl, Flo Oy Wong and Debra Priestly. Hours are 8:30 a.m.-5:30 p.m. weekdays, 9 a.m.-3 p.m. Saturdays and noon-4 p.m. Sundays, with evening hours until 7 p.m. Thursdays. For more, visit HousatonicMuseum.org.

HIGH WATERMARK The Watermark at 3030 Park, a retirement community in Bridgeport, has teamed with the ArtPlace Gallery in Fairfield for a show featuring the works of Fairfield artist Elisa Khachian and Rowayton artist Sandra K. Meagher. The show, which is on view through Oct. 31 at ArtPlace Gallery @ The Watermark, will have a reception at 2 p.m. Sept. 12 featuring an artists’ talk and a performance by Naugatuck cellist Thirzah Bendokas. Khachian earned her B.A. in art education from the Rhode Island School of Design. Her work has appeared throughout Fairfield County. She is a past recipient of the Connecticut Watercolor Society Award and the Connecticut Woman Artist Award.

Meagher is a graduate of Smith College in Boston and has a studio in Port Chester, N.Y. She has participated in 18 one-person shows and won first prize in the Katonah Museum of Art’s Tri-State Show in Katonah, N.Y. The collaboration between The Watermark at 3030 Park, and ArtPlace, a nonprofit, cooperative gallery celebrating its 30th anniversary, aims to provide Watermark residents, guests of The Watermark and the public with the opportunity to experience the visual arts. ArtPlace Gallery @ The Watermark is open 8 a.m.-5 p.m. Mondays through Saturdays and 8 a.m.-5 p.m. Sundays. For more information, call The Watermark at 3030 Park at 374-5611.

Visit FCBuzz.org for more information on events and how to get listed.

Presented by: Cultural Alliance of Fairfield County

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012 15

Ranked by the number of planners in the county; listed alphabetically in event of tie.

THE LIST

Fairfield County Next List: Sept. 17 RE Developers

Financial Planners

college

estate

corporate/small-business benefits

investment

94 (21 Westchester County, N.Y.)

2 3 4

285 Riverside Ave., Suite 200, Westport 06880 221-5203 • benderfinancialgroup.nmfn.com

WND

AXA Advisors 1266 E. Main St., Sixth Floor, Stamford 06902 937-2441 • axa-equitable.com, michelle-mcguire.com

(20 Westchester County, N.Y.)

WND

Northwestern Mutual The Fairfield Financial Group

Leonard DiCostanzo CLU Managing director Leonard DiCostanzo len.dicostanzo@nmfn.com 1857

1 Eliot Place, Suite 200, Fairfield 06824 259-3377 • dicostanzogroup.com

WND

Northwestern Mutual The Wilton Financial Group

Walter Pierz CLU Managing director Walter Pierz walter.pierz@nmfn.com 1857

372 Danbury Road, Suite 255, Wilton 06897 834-3240 • wiltongroup.nmfn.com

WND

HTG Investment Advisors Inc.

Rebu Advisors

Catamount Wealth Management

Asset Management Group Inc.

50 Locust Ave., New Canaan 06840 972-8262 • htginvestmentadvisors.com

H. Thomas Gnuse Susannah Hansley htg@htgadvisors.com 1993

Robert J. Reby CFP Beth Campbell info@rebyadvisors.com 1985

83 Wooster Heights, Danbury 06810 790-4949 • rebyadvisors.com

943 Post Road East, Westport 06880 226-0603 • catmg.com

60 Long Ridge Road, Suite 305, Stamford 06902 964-8300 • amgplanning.com

Ganim Group Inc.

Lawrence J. Ganim Lawrence J. Ganim lganim@ganimgroup.com 1985

2429 North Ave., Bridgeport 06604 335-0851 • ganimgroup.com

2 (Two Westchester County, N.Y.)

RDM Financial Group Inc. 1555 Post Road East, Westport 06880 255-0222 • rdmfinancial.com

Ronald D. Weiner Andy Weissman rdm@rdmfinancial.com 1991

Judith Heft & Associates L.L.C

J. Philip Bender Managing partner J. Philip Bender phil.bender@nmfn.com 1857 WND Michelle McGuire 2000

Louis F. Albanese Laurie Stefanowicz info@catmg.com

Insurance

2003 LeGrand S. Redfield Jr. LeGrand S. Redfield Jr. lee@amgplanning.com

Comprehensive plan

1983

Judith Heft Judith Heft

34 Fifth St., Stamford 06905 978-1858 • judithheft.com

judy@judithheft.com

Loretta Nolan Associates

Loretta Nolan CFP Loretta Nolan

13 Arcadia Road, Suite 10, Old Greenwich 06870 637-1402 • lorettanolan.com

Other

risk management

retirement

Northwestern Mutual The Bender Financial Group

Planning services offered

tax

Number of employees in county

fee and commission based

Payment options

Number of planners in county

commission based

Top local executive Contact (bold) Email address Year firm established

fee based

Name, address, phone number Area code: 203 (unless otherwise noted) Website

fee only

Rank

Ranked by the number of planners in the county; listed alphabetically in event of tie.

Exit planning

1996

WND

1997

Questions or comments, call (914) 694-3600, ext. 3005. WND Would not disclose.

16 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Wealth management

SPECIAL REPORT Banking

CBIA economist Pete Gioia says commercial credit demand remains lackluster in Connecticut.

Loans resume growth … sort of BY ALEXANDER SOULE

casoule@westfairinc.com

fter a second-quarter dip in lending, Connecticut banks pumped nearly $420 million more onto the street in the form of loans and leases and pushing the total back up above the $54 billion mark. Banks nationally pushed up their lending totals, emboldened in part by better net interest margins and fewer problem loans on the books. According to Connecticut bank data published by the Federal Deposit Insurance Corp., problem loans amount to 2.2 percent of all loans outstanding in the second quarter, down 0.2 percentage points from the first quarter and well below the close to 3 percent figure for the fourth quarter of 2010. Fairfield County’s bank scene could be in for a profound change, with the market entry of M&T Bank via its acquisition of Hudson City Bancorp, which had $1.3 billion in deposits as of a year ago at nine branches in Fairfield County, and a focus on commercial lending. “I think out of the gate our first focus … will be to sort of make sure we are all comfortable with the size of the portfolio and the environment, so you’ve got a lot of natural runoff in (the loan) portfolio,” said Renee Jones, CFO of Buffalo, N.Y.-based M&T, in a conference call in late August. “After that we are going to get familiar with

the franchise. These guys have done a very nice job on building a franchise that has worked from a credit perspective.” After a first-quarter hiccup, banks resumed loan growth nationally in the second quarter by a full $100 billion, obviously an encouraging development to FDIC and its acting Chairman Martin Gruenberg. “The net interest margins have been one of the constraints on revenue growth and that’s been an ongoing challenge I think for institutions across the board,” Gruenberg said during a press conference. “The industry’s improvement in net income has been driven thus far by reductions in reserves that have been made possible by improving credit quality. But there’s only so far that can take you – at some point, you’re going to need to see sustained growth in lending.” The gains came even as Fairfield community banks cut small business lending as a group in the second quarter and as the Connecticut Business & Industry Association found continued pessimism among small and mid-size businesses on bankers’ appetite for extending credit. Connecticut’s credit conditions weakened in the second quarter, according to a poll of business owners, with just 15 percent of respondents saying they expect an improvement in the near term and 41 percent expecting a

deterioration. The survey is sponsored by the Connecticut Business & Industry Association and Farmington Bank, in conjunction with DataCore Partners of New Haven. “With economic growth waning, demand for credit has slackened as well,” Peter Gioia, a CBIA economist, said in a statement. “This lies in sharp contrast to what we saw earlier in the year when expectations for expansion were more favorable. It was hoped that the prospects for rising profits would boost business lending, thereby further reducing the risk of another downturn in the 2012-13 timeframe, but despite record-low interest rates, credit demand remains rather lackluster.” About one in every four respondents saw credit availability as a problem for their business. Of that group, 27 percent said that lack of credit forced them to reduce their workforce and 62 percent said that they would be unable to grow or expand as a result of inadequate credit. Another 16 percent indicated employee compensation or benefits would likely be reduced as a result. Small to medium-size banks in the tristate area, however, told the Federal Reserve Bank of New York of a noticeable pickup in demand for residential and commercial mortgages, though commercial and industrial loans decreased. Bankers also reported declining delinquency rates, particularly on commercial and industrial loans and residential mortgages.

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012 17

PE fundraising doubles in Q2 BY ALEXANDER SOULE

casoule@westfairinc.com

reenfield Partners secured nearly $275 million in commitments toward a $1 billion fund, its first since a 2007 fund it raised that is fully invested today. The Norwalk-based company filed registration papers with regulators even as private equity fundraising more than doubled between the first and second quarter, despite ongoing uncertainty from the fall’s election and the continuing federal reform in the financial sector.

We mean business. Union Savings Bank’s commercial lending team is dedicated to the communities we serve. If you’re looking for business banking products, from mortgages to lines of credit to term loans or SBA loans, we have the resources you need, for businesses large or small. With our customized approach, our team is here to help you every step of the way. We’re your local community bank. Contact us today!

Commercial Lending • Cash Management • Electronic Banking Merchant Services • Wealth Management

Photo left to right: Chris Daigle, Joe Morrissey, Mark Petrino

Big enough to help you, small enough to know you. unionsavings.com 203.830.4200 866.872.1866 Member FDIC

“The current trends in U.S. private equity indicate that, even in the current economic environment, investors have confidence that private equity firms will be able to deploy capital and deliver superior returns over the long run...” – Bronwyn Bailey

Greenfield is run by Gene Gorab, who previously was with Starwood Capital Group in Greenwich. Since 1997, it has invested about $4 billion across seven separate funds, with recent investments, including the purchase of a group of Maryland office buildings totaling nearly 850,000 square feet of space, and land in Ann Arbor, Mich., and Austin, Texas for future development. For its part, Greenwich-based Starwood Capital remains active as well, fronting $130 million for a major south Florida beach resort hotel to be called Margaritaville Hollywood Beach, according to the Miami Herald. Second-quarter fundraising by private equity companies rocketed to $42 billion, up from $20 billion in the first quarter, according to the Private Equity Growth Capital Council. Investment deal volume was off 8 percent to $51 billion and “exit” deals similarly dropped 10 percent to $24 billion. Exiting August, the private equity indus-

try got a jolt after The Wall Street Journal reported that New York Attorney General Eric Schneiderman is investigating whether companies improperly exploited loopholes to avoid paying taxes – specifically by plowing management fees into new investments eligible for tax breaks. Such fee-waiver conversions can transform a 35 percent tax bill into a 15 percent capital gain, the newspaper reported. “The current trends in U.S. private equity indicate that, even in the current economic environment, investors have confidence that private equity firms will be able to deploy capital and deliver superior returns over the long run,” said Bronwyn Bailey, vice president of research for the Washington, D.C.-based trade group. The Private Equity Growth Capital Council says private equity firms invested $53.5 billion in Connecticut companies between 2002 and 2011, and that more than 275 private equity firms are based in the state. Fairfield County’s cohort of private equity firms had a small flurry of deals entering December, with First Reserve Corp. taking a stake in a Texas chemical company; Brynwood Partners buying into Back to Nature; Catterton Partners acquiring a digital promotions firm in Michigan; and Emil Capital capping a deal for SIPP beverages. In an August conference call, the CEO of Sturm, Ruger & Co. has been approached by private equity companies hoping to interest the firearms maker in buying a portfolio company. “The prices tend to be in the stratosphere – they’re really not sustainable for a company that wants to buy and hold,” Ruger CEO Michael Fifer said. “They might make sense for another private equity firm and actually that’s usually who ends up buying them … We’ve taken some sort of cursory looks when people have solicited us at the companies outside of firearms, but I haven’t found anything that looked affordable and attractive.”

Need a Lead? Check our

On the Record section.

Business leads fresh weekly.

18 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Measuring success Quality metrics key to performance BY JENNIFER BISSELL

jbissell@westfairinc.com

uantifying the success of a servicebased company can be difficult for small business owners. How do life coaches use numbers to track their business when clients’ goals are very subjective? How would an interior designer determine the most cost- and timeefficient activities, when every client’s project is different? “A lot of business owners are very knowledgeable about their business or industry,” said John Harmon, managing director of Adulant Consulting Services. “But they operate off of instincts and without structure.”

“I rarely come across a service business that has a rich set of metrics that measure their performance...” – John Harmon

Speaking at a SCORE workshop in Darien late last month, Harmon stressed the importance of quantifying a business’s structure through creating value chains and identifying key performance indicators. Besides managing his own consulting agency after many years in corporate America, Harmon has been a mentor for small businesses through SCORE for two and a half years. SCORE is a nonprofit education and counseling organization dedicated to expanding small businesses. “I rarely come across a service business that has a rich set of metrics that measure their performance,” Harmon said. “That may be fine because they’re happy and they don’t want to change. But most businesses have this problem and also want to grow. If they run their business in a structured and quantifiable way, they’ll have a lot more success, fewer hassles and a lot more growth opportunities.”

Supply chains are easier to conceptualize when there are tangible materials being used to produce a good. But service organizations can also use the concept by looking at their service and creating a value chain and then identifying their key performance indicators, Harmon said. For instance, a call to an IT help desk might begin with an operator with little tech knowledge. Then it might get passed to a message machine and then it might need to be directed to someone with higher expertise. Looking at the call process, a company could measure the amount of time a user spends waiting for a solution, how many times the operator misdirects a call and also how often calls end up in a voicemail box. If business owners are running a business by the seat of their pants, they won’t be able to understand why their customers are ever unhappy or what to improve. If having calls be answered promptly is the most important aspect to customers, maybe employees need to be given cell phones, Harmon suggested. If employees are continuously dealing with the same issue, maybe an automated answering system should be put in place. The key difference between a manufacturer and a service is that a service doesn’t require raw materials, said Mark Fagan, Citrin Cooperman managing partner. Instead they are selling their time and their expertise. Citrin Cooperman is a business solutions and accounting firm with an office in Norwalk. If an interior design firm tracks how much time is spent with its clients, it may notice that it has 10 clients that demand twice as much attention as its others clients for the same price. If that’s the case, the firm may want to consider doubling the price. If half leave, they’ve already been paid for by the other half and now the firm can go out and look for more clients, Fagan said. Metrics are vital to a small company looking to grow, but that’s only the first step, Fagan said. It might seem obvious that an employee who is cranking out five sets of designs at a firm is more valuable than the employee completing three in the same time period, but the metrics must be put into context. The employee completing less work may be out securing more work and clients for the future. “As you grow it’s even more important,” Fagan said. “We want to get these metrics in and get the owners used to running their business like this, when the business is manageable … a larger company takes more time to change.” FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012 19

FINANCE LEDGER In brief

Homeowners get relief Between March and June, more than 1,000 Connecticut homeowners received varied forms of mortgage relief under a $25 billion national settlement agreement with five big banks, with Connecticut assistance totaling $65 million or $63,000 on average. As of June 30, another $82 million of loan principal forgiveness modifications were in the pipeline for more than 800 Connecticut borrowers. Bank of America Corp., Citigroup Inc., Ally Financial Inc., JPMorgan Chase & Co. Inc. and Wells Fargo & Co. agreed to the settlement with 49 states and the federal government. “The settlement is off to a good start,”

Connecticut Attorney General George Jepsen said in a statement. “Although encouraging, it is clear the process is only beginning and that the servicers have much work ahead to fulfill their obligations under the settlement.” Banks are offering homeowners firstand second-lien modifications, refinancing, forbearance for unemployed borrowers and help with short sales in which the servicer agrees to a sale of a home for an amount less than the principal balance on the mortgage and waives the unpaid amount. The settlement also requires the companies to improve the quality of service they provide customers and to ensure the integrity of the documents they file in bankruptcy and foreclosure proceedings.

MyCare, ICN near funding Connecticut Innovations Inc. plans to

make a follow-on investments in Intelligent Clearing Network and MyCare L.L.C. Intelligent Clearing Network, whose software allows retailers to offer complex promotions at the point of sale, is ringing up an additional $175,000 from Connecticut Innovations, a statebacked venture capital fund in Rocky Hill. New Canaan-based ICN’s investors also include Cleveland-based Early Stage Partners. The company’s most recent revealed round of funding was in early 2011, for $1 million in the form of debt and warrants. At press deadline, Connecticut Innovations had yet to reveal the size of its investment in MyCare, a Westport-based electronic medical records developer that received $1 million earlier this year from CI and Intersection Health Partners of Westport. Yale-New Haven Health System has been piloting MyCare’s system.

Bank CEOs Florida-bound The Connecticut Bankers Association again is scheduled to hold its annual meeting at a Florida resort, with this year’s meeting to be held Oct. 18-21 at the Ponte Vedra Inn & Club, with the town best known for its Tournament Players Club at Sawgrass golf course that hosts the PGA Championship annually. Members pay $965 to attend, with room rates between $350 and $570 a night. The Connecticut Bankers Association has reserved 220 rooms. After a morning session to discuss accounting and other business issues, attendees will have the opportunity to play an afternoon golf tournament. Another morning session covers legal issues and other business, with attendees then free until an evening “farewell reception and gala” and departure the following morning.

SEC readies ad rules

We’re not just a great place to get a business loan. We’re part of the Stamford community.

The Securities and Exchange Commission issued its long-awaited proposal to allow general advertising for some securities sold by hedge funds and other financiers. The new rules were authorized under the Jumpstart Our Business Startups (JOBS) Act of 2012. “I believe that the proposed rules fulfill Congress’s clear directive that issuers be given the ability to communicate freely to attract capital, while obligating them to take steps to ensure that this ability is not used to sell securities to those who are not qualified to participate in such offerings,” said SEC Chairman Mary Schapiro. The SEC will seek public comment on the proposed rules for 30 days.

STIF ROI ahead of peers

Mike McKelvey, Heidi DeWyngaert, Bob Palermo

We put Stamford First! 612 Bedford Street, Stamford, CT 06901 (Bedford & North), Parking in rear via North Street www.stamfordfirstbank.com (203) 391-5777 www.facebook.com/stamfordfirstbank

Over the past three years, Connecticut’s Short-Term Investment Fund had a return on investment three times that paid out by similar money funds, according to state Treasurer Denise Nappier. STIF money is used as operating cash for the state’s treasury, agencies, municipalities and other subdivisions of the state. During the past three years, STIF earned an average of 0.24 percent while similar money funds earn an average of 0.07 percent. As a result, an additional $24.6 million in interest payments were made. In 2012 it earned 0.16 percent, compared to the average 0.05 percent, earning investors an additional $5.3 million. “We are pleased to have consistently outperformed other funds, particularly during these periods of extremely low interest rates,” Nappier said in a press release. “The budget pressures that the state and local governments are experienc-

20 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Included: Proactive advice from a Type ing make this incremental revenue all the more important.” STIF is rated AAAm, which is Standard & Poor’s highest principal stability fund rating.

Forgotson leaving BNC Months after ceding the leadership of BNC Financial Group Inc., Jay Forgotson is stepping down as CEO as well of BNC subsidiary Bank of Fairfield. In May, New Canaan-based BNC said it was hiring former NewAlliance Bank CEO Peyton Patterson, who now will become Bank of Fairfield CEO as well as BNC subsidiaries Bank of New Canaan and Stamford First Bank. Forgotson’s 2011 compensation totaled $435,000; Patterson has a base salary of $500,000 and is eligible for additional incentive-based compensation.

Stamford firm fined Mullaney Management & Trust L.L.C. and its president are being fined $10,000 apiece by the Connecticut Department of Banking, which says the firm sold securities in gold exploration companies without registering as a broker dealer. Raymond Mullaney leads the Stamford-based company, which also is required under the agreement to retain a regulatory consultant to ensure it complies with applicable laws.

SEC issues first whistleblower award A whistleblower who helped the Securities and Exchange Commission stop a multimillion-dollar fraud will receive nearly $50,000 and possibly more – the first payout from a new Dodd-Frank era program to reward people who provide evidence of securities fraud. The program has been generating eight tips a day on average. The award represents 30 percent of the amount collected in an SEC enforcement action against the perpetrators of the scheme, the maximum percentage payout allowed by the whistleblower law. “This whistleblower provided the exact kind of information and cooperation we were hoping the whistleblower program would attract,” Robert Khuzami, director of the SEC’s division of enforcement, said in a statement. “Had this whistleblower not helped to uncover the full dimensions of the scheme, it is very likely that many more investors would have been victimized.” The SEC did not approve a claim from a second individual seeking an award in this matter because the information provided did not lead to or significantly contribute to the SEC’s enforcement action as

Personality.

required for an award.

Hedge fund tops for 401(k) performance A Hartford hedge fund was the best performer on a list of 401k plans maintained by Connecticut companies, with Fairfieldbased General Electric Co. the top Fairfield County performer. San Diego-based BrightScope ranks companies with at least $100 million in assets in their plans, augmenting data provided directly by companies with additional information from publicly available sources such as the Securities and Exchange Commission. Hartford-based George Weiss Associates Inc. had the best performance, edging out The Phoenix Cos. After GE in fourth, other Fairfield County companies on the list included Danbury-based Praxair Inc. in seventh, Bridgeport-based People’s United Financial Inc. in 19th and Shelton-based Hubbell Inc. 22nd.

Webster Cash Flow Pro

YOUR SOURCE FOR SOLUTIONS AND EXPERTISE . INTRODUCING WEBSTER CASH FLOW PRO

401(k) plan matches rise For a second straight year, the percentage of employers increased offering 401(k) plan matches for their workers, according to Charles Schwab & Co., and for the first time more than 40 percent of companies said they automatically enroll new employees in 401k plans. From 68 percent in 2010, last year 73 percent of employers provided a 401(k) matching contribution, according to Schwab, while 83 percent of employers made 401(k) advice available to plan participants, compared to just 42 percent in 2005. Forty percent of employers using automatic enrollment also used automatic savings increases, up from 14 percent in 2006, and up from 36 percent in 2010.

Hedge funds’ assets up in first half Hedge funds increased their assets under management 5.2 percent to $1.9 trillion, according to a study by PerTrac, a New York City-based provider of software for investment professionals. The funds of hedge funds subsector, however, continued their decline in assets under management, by 4.9 percent to $425 billion. “Although challenging economic conditions have impacted hedge funds’ performance during the last few years, investors still see their long term value and are giving them a significant place in their portfolios,” Brendan Dolan, president of PerTrac, said in a statement. – Jennifer Bissell and Alexander Soule

With Webster Cash Flow Pro, you’ll not only increase efficiency with time-saving features like Business Remote Deposit, but you’ll also get better options to manage your funds. And with next-day funding on your payment card receivables, we’ll help you access your cash faster. • ACCESS FUNDS Combined with the expertise FASTER of a Certified Business Banker, • SPEED UP CASH RECEIPTS Webster Cash Flow Pro is the only resource you need. • REDUCE EXPENSES So come visit a branch and • FULL SUITE OF CASH FLOW MANAGEMENT let a dedicated Webster TOOLS Type W Personality go the extra mile for your business.

WebsterBank.com/CompleteBusiness

Certified Business Banker: Webster teamed with Moody’s Analytics to certify its bankers in financial analysis, risk evaluation, and management expertise. Next-business-day funds available on card payments processed through Webster Bank Merchant Services to a Webster business checking account. Merchant Services are offered through a marketing agreement with First Data Corporation. Business Remote Deposit requires completion of application and is subject to eligibility requirements. The Webster Symbol and Webster Bank are registered in the U.S. Patent and Trademark Office.

Cash Flow Pro 8/31/2012 Studio Number: 013542012 GD: Jessie FAIRFIELD COUNTY BUSINESS Ad Code: WFC-BPB-2987 FF&WC BJs

Size: 5” x 11.5”

Webster Bank, N.A. Member FDIC

Color:• 4C JOURNAL Week of September 10, 2012 21 MM: Joanne Renna

{KEY{ If Knowledge is

POWER Speed is the

NOW AVAILABLE DIGITALLY

m its , C r e P , g n i d l i u B , s e i c t B an krup

o u rt C as

o re c F , s d e e es , D

lo su r

men g d u J e s,

ts,

, Li s e s a Le

s, n e d en

ge a g t or

FCBJ RECORDS... HOURS OF RESEARCH DOWNLOAD YOURS NOW Find FCBJ’s NEW Expanded Records Section at westfaironline.com or contact

Kristina Cook | (914) 694-3600, ext. 3033 | kcook@westfairinc.com 22 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

w , Ne

es n i s u

en t a P

FAIRFIELD COUNTY

BUSINESS JOURNAL Bankruptcies

Building Permits

The following petition was filed in U.S. Bankruptcy Court, Bridgeport. Chapter 11 indicates the filer intends to submit a plan of reorganization to the court. Chapter Claudio Fidaleo, Stamford, con7 indicates a liquidation of assets. tractor for the city of Stamford. Cover dugouts at 888 Washington 307 Hamilton Ave. L.L.C., 4 Blvd., Stamford. Estimated cost: Perryridge Road, Greenwich. $150,000. Filed Aug. 24. Chapter 11, filed Aug. 27, case no. 12-51589. Assets: less than Fuss and O’Neill, Stamford, $50,000. Liabilities: $1 million to contractor for Yale and Towne $10 million. Creditors: Stabilis SPF L.L.C. Lay a concrete slab at Fund II L.L.C., $1.2 million; and an existing commercial building, town of Greenwich, $6,483. Type 100 Washington Blvd., Stamford. of business: corporation. Debtor’s Estimated cost: $30,000. Filed attorney: Peter L. Ressler, Groob, Aug. 23. Ressler & Mulqueen P.C., New Haven. JCS Construction, Stamford, for Dock St. Holdings Zerodraft Insulation L.L.C., contractor L.L.C. Perform interior altera1085 Connecticut Ave., Bridgeport. tions at an existing Chapter 11, filed Aug. 28, case no. building for tenantcommercial Fletcher 12-51603. Assets: less than $50,000. Knight at 1 Dock St., Stamford. Liabilities: $1 million to $10 mil- Estimated cost: $119,000. Filed lion. Creditors: American Express, Aug. 24. $88,228; Daimler Chrysler Truck Finance, $45,504; Daimler Chrysler Truck Finance, $42,516; Daimler Kingsbrook Development Chrysler Truck Finance, $ 40,383; Corp., Meriden, contractor for Ford Credit, $34,074; Ford Credit, Stamford Associates, Stamford. $33,284; Ford Credit $32,866; Perform interior renovations and Ford Credit $31,888; Ford Credit alterations at an existing com$29,115; Icynene Corp. $87,403; mercial building for Riverside RaNiagara Conservation Corp. diology, 65 Harvard Ave., Stam$48,042; Webster Bank $144,998; ford. Estimated cost: $628,110. Webster Bank $500,000; Webster Filed Aug. 23. Bank $348,786; Webster Bank $200,861; Wells Fargo Equipment $215, 484; Wells Fargo Equipment Vulcan Scrap Metal L.L.C., $181,619; Wells Fargo Equipment Stamford. Demolish office and $140,273; Wells Fargo Equip- ceilings at an existing commercial ment $73,505 and Wells Fargo building for Vulcan Scrap Metal, $45,734. Type of business: corpora- Stamford. Estimated cost: $1,200. tion. Debtor’s attorney: Ronald I. Filed Aug. 23. Chorches, Law office of Ronald I. Chorches, Wethersfield.

Commercial

Items appearing in the Fairfield County Business Journal’s On The Record section are compiled from various sources, including public records made available to the media by federal, state and municipal agencies and the court system. While every effort is made to ensure the accuracy of this information, no liability is assumed for errors or omissions. In the case of legal action, the records cited are open to public scrutiny and should be inspected before any action is taken. Questions and comments regarding this section should be directed to: Bob Rozycki c/o Westfair Communications Inc. 3 Gannett Drive, Suite G7 White Plains, N.Y. 10604-3407 Phone: (914)694-3600 Fax: (914)694-3680

Residential

Briggs, Susan, Weston. Perform interior renovations and alterations at an existing single-family residence, 67 Birch Hill Road, Weston. Estimated cost: $7,500. Filed Aug. 8. Butler, Jane and Don, Easton. Perform external repairs at an existing single-family residence, 45 Skyline Drive, Easton. Estimated cost: $53,500. Filed date not available.

Cachaines, John and Carolyn, Wilton. Perform additions and alterations at an existing singlefamily residence, 1 Bald Hill Place, Wilton. Estimated cost: $6,000. Filed Aug.13.

Mantz Construction L.L.C., Bridgeport. Repair water damage at an existing single-family residence for T. Isaacs at 2 Wallenburg Drive, Stamford. Estimated cost: $78,820. Filed Aug. 24.

Pennington, Charles H., Weston. Perform interior renovations and alterations at an existing single-family residence, 37 Glenwood Road, Weston. Estimated cost: $14,000. Filed Aug. 20.

Clark Construction, Ridgefield. Contractor for Kelly and Chris Flatt. Perform additions and alterations at an existing singlefamily residence, 31 Hollow Tree Place, Wilton. Estimated cost: $233,653. Filed Aug. 21.

Mason, Joanne Jaffin, Weston. Perform external renovations at an existing single-family residence, 27 Cedar Hills, Weston. Estimated cost: $15,000. Filed Aug. 9.

Sauri, A., Stamford. Build a second-floor addition and interior alterations at an existing singlefamily residence, 59 Westover Road, Stamford. Estimated cost: $118,040. Filed Aug. 24.

McDonald, Brien and Elizabeth, Weston. Perform additions and alterations at an existing single-family residence, 50 Catbrier Road, Weston. Estimated cost: $105,000. Filed Aug. 23.

Singer, Jay P. and Lisa A., Weston. Perform interior renovations at an existing single-family residence at 128 Indian Valley Road, Weston. Estimated cost: $110,000. Filed Aug. 23.

Daley Construction, Westport. Contractor for Maureen Fletcher. Repair fire and water damage at an existing single-family residence for Maureen Fletcher, 107 Eagle Drive, Stamford. Estimated cost: $96,000. Filed Aug. 24.

Mellin, James, Wilton. Perform additions and alterations at an Dig ESU Building, Stamford. existing single-family residence, Contractor for C. Fellion. Per- 82 Glen Hill Road, Wilton. Estiform interior renovations and mated cost: $7,000. Filed Aug. 13. alterations at an existing singlefamily residence, 37 Palmer Hill Road, Stamford. Estimated cost: Mettel, Kenneth and Linda, Weston. Perform external reno$7,000. Filed Aug. 23. vations at an existing singlefamily residence, 36 Joanne Lane, Espeland, Tom and Debbie, Weston. Estimated cost: $25,000. Weston. Perform interior renova- Filed Aug. 1. tions at an existing single-family residence, 32 Tobacco Road, Weston. Estimated cost: $141,000. Moskowitz, Alice, Weston. Perform interior renovations at an Filed Aug. 16. existing single-family residence, 27 Greenlea Lane, Weston. Estimated Flodeen, Everett and Dorothy, cost: $150,000. Filed Aug. 20. Weston. Perform interior renovations and alterations at an existing single-family residence, 36 Mau- New England Coastal, Trumreen Drive, Weston. Estimated bull, contractor for Robert and Lauren Ryan. Perform additions cost: $250,000. Filed July 30. and alterations at an existing single-family residence, 523 Nod Hudson, Eric, Easton. Perform Hill Road, Wilton. Estimated cost: external repairs at an existing sin- $605,000. Filed Aug. 23. gle-family residence, 27 Bayberry Lane, Easton. Estimated cost: $14,748. Filed date not available. Newtown Pools, Newtown, contractor for Karen N. and Caren K. Tell. Installation of a Levesque-Carlon, Anne Marie, pool at an existing single-family Weston. Perform interior renova- residence, 247 Whipstick Road, tions at an existing single-family Wilton. Estimated cost: $38,000. residence, 257 Newtown Turn- Filed Aug. 23. pike, Weston. Estimated cost: $29,000. Filed Aug. 21. P. Interlandi, Stamford, contractor for Joan Buzzallino. Perform MacQuarrie, Debra, Wilton. interior renovations at an existing Perform additions and alterations single-family residence, 40 Ridge at an existing single-family resi- Brook Lane, Stamford. Estimated dence, 33 Woodhill Road, Wilton. cost: $20,000. Filed Aug. 22. Estimated cost: $50,500. Filed Aug. 16.

Court Cases

Bridgeport Superior Court Aquarion Water Company of Connecticut, et al, Bridgeport. Filed by Ana Goncalves, Shelton. Plaintiff’s attorney: James E. Butler, Bridgeport. Acton: The plaintiff alleges that she was caused to fall into a defective water meter pit while walking on the property of the defendant and as a result suffered multiple injuries for which she incurred medical expenses. The plaintiff alleges the accident was caused by the negligence and carelessness of the defendant and claims compensatory damages of more than $15,000. Filed Aug. 16. Case no. CV126029627.

Sinor, Zubin and Cynthia, Wilton. Perform addition and alterations at an existing single-family residence, 20 Oak Ledge Lane, Board of Education of the city Wilton. Estimated cost: $2,400. of Bridgeport. Filed by Dalia Filed Aug. 16. Cunning, Stratford. Plaintiff’s attorney: Willinger, Willinger Sollinger, Jeremy and Debra, & Bucci P.C., Bridgeport. The Weston. Perform interior reno- plaintiff alleges that the defendant vations at an existing single- had terminated her contract of family residence, 12 Joanne Lane, employment in the Bridgeport Weston. Estimated cost: $61,000. Public Schools, which she feels was unjust and not satisfactoFiled Aug. 27. rily explained to her. The plaintiff claims an appeal from the Taddeo, Justine, Weston. Per- court; judgment from the court; form interior renovations and the plaintiff’s reinstatement as alterations at an existing single- a tenured teacher with full back family residence, 178 Godfrey pay, benefits and seniority; and Road, Weston. Estimated cost: any relief that the court may $25,000. Filed Aug. 20. deem appropriate. Filed Aug. 27. Case no. CV126029866. Waters Edge. Contractor for M. Wallach, Installation of an in- Cencunjanin, Senad, et al. Filed ground pool, spa and fence at an by Hartley & Parker Limited Inc., existing single-family residence, Stratford. Plaintiff’s attorney: 59 Rodgers Road, Stamford. Esti- Stuart A. Margolis, New Haven. mated cost: $89,000. Filed Aug. 24. The plaintiff, Hartley & Parker Ltd. Inc., sold and delivered liquor goods and supplies to the defenWeinstein, Gayle M., Weston. dant, which still has an unpaid Perform interior renovations and balance of $5,349.44. The plaintiff alterations at an existing single- claims monetary damages and an family residence, 8 Hills End order of weekly payments. Filed Road, Weston. Estimated cost: Aug. 28. Case no. CV126029891. $130,000. Filed July 31. Zimmerman, Steve and Janet, Weston. Perform interior renovations at an existing single-family residence at 39 Tannery Lane South, Weston. Estimated cost: $25,000. Filed Aug. 28.

THE RECORDS SECTION IS NOW AVAILABLE BY DIGITAL SUBSCRIPTION. Go to westfaironline.com/buy/records-section/ for more information and to view a sample. FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012 23

on the record Housing Authority of the city of Bridgeport, Bridgeport. Filed by Kusema Minick, Bridgeport. Plaintiff’s attorney: Nicholas R. Nesi, East Haven. The plaintiff alleges that she was caused to slip and fall due to the uneven and downward sloping treads on the front steps. The plaintiff suffered serious personal injuries, which were sustained as a direct result of the negligence of the defendant as it failed to routinely inspect the front steps. The plaintiff claims restitution in the form of monetary damages in the excess of $15,000. Filed Aug. 24. Case no. CV126029834. Kinship Academy Inc., et al., Bridgeport Filed by Rite Check Cashing Corp., Bronx, N.Y. Plaintiff’s attorney: William L. Marhon, New Haven. The plaintiff alleges that it paid face value of two checks that the defendant Fay Osborne Godbolt had endorsed and presented for check cashing. Each check was dishonored and subsequently the amount of $3,188.85 is due to the plaintiff. Filed Aug. 27. Case no. CV126029847. Trumbull Shopping Center No. 2 L.L.C., Trumbull. Filed by Robert Silk. Plaintiff’s attorney: Alexander H. Schwartz, Southport. The plaintiff was a customer of the building and was caused to trip and fall over a defective condition on the premises, as the defendant failed to maintain the location in a safe condition, thus causing the plaintiff injuries and medical expenses. The plaintiff demands monetary compensation in the excess of $15,000. Filed Aug. 27. Case no. CV126029862. Unified Home Repair L.L.C., Stamford. Filed by Luxus Stone L.L.C., Stratford. Plaintiff’s attorney: Lori M. Dion L.L.C., Fairfield. The defendant entered into a contract, including but not limited to the installation of tiles at a property located at 443 Park Ave., Bridgeport. The plaintiff claims negligence, a breach of contract and breach of warranty and violation of Connecticut Unfair Trade Practices Act. The plaintiff claims monetary damages in excess of $15,000, punitive damages and legal costs. Filed Aug. 28. Case no. CV126029881.

Danbury Superior Court Carlson Theraphy Network P.C., (CTN) Cheshire. Filed by Valory Omasta, Danbury. Plaintiff’s attorney: Steven R. Smart, Danbury. The plaintiff alleges that she was employed at CTN and that the defendant approached the plaintiff to loan CTN $167,000 to cover payroll and ongoing expenses, which the defendant has failed to repay. The plaintiff claims damages, the imposition of a constructive trust over the operating accounts and accounts receivable of CTN and any relief that the court may deem appropriate in excess of $15,000. Filed Aug. 27. Case no. CV126010351.

Pyramid Advisors L.P. d.b.a. Danbury Crowne Plaza Hotel, Boston, Mass. Filed by Barbara Cobuzzi, Tinton Falls, N.J. Plaintiff’s attorney: James K. Smith of Ventura, Ribeiro & Smith, Danbury. Action: The plaintiff alleges she was caused to trip and fall due to a defect in the rubber-edging strip on the top stair of a stairway causing her to suffer multiple injuries. As a result of the defendant’s negligence and carelessness, the plaintiff was forced to incur medical expenses and loss of income and seeks money damages in excess of $15,000. Filed Aug. 16. Case no. CV126010260. Stony Hill Village Condominium Association Inc., Danbury. Filed by Candice O’Connell, Brookfield. Plaintiff’s attorney: Richard D. Arconti, Danbury. Action: The plaintiff alleges that she was walking from the front door of her condominium unit onto an asphalt walkway under the control of the defendant when she was caused to fall on black ice, suffering multiple injuries as a result of the negligence and carelessness of the defendant. The plaintiff seeks monetary damages in excess of $15,000, exclusive of interest and costs. Filed Aug. 15. Case no. CV126010250.

Darien Spa & Nails Inc., et al, Darien. Filed by Stephen Payuk, Darien. Plaintiff’s attorney: Howard I. Gemeiner, New Haven. Action: The plaintiff alleges that he entered into a written shareholder agreement in which the plaintiff bought 50 percent of all outstanding common stock of the company, where all shareholders would share in the profits and losses of the company of Darien Spa & Nails Inc. The defendants allegedly improperly dissolved the company and formed Darien Beauty Corp. The plaintiff claims breach of fiduciary duty and seeks any money damages for which the defendant may be found liable. Filed Aug. 15. Morales Benjamin d.b.a. BenCase no. CV126010246. jamin Painting. Filed by LM Insurance Corp., Boston, Mass. The Morganti Group Inc., Dan- Plaintiff ’s attorney: Howard bury. Filed by Action Air Systems Evan Ignal, Bridgeport. Action: Inc., Manchester. Plaintiff’s attor- The plaintiff alleges that the neys: Mary B. Ryan and Robert J. plaintiff and the defendant had O’Brien, Hartford. The defendant entered into a contract in which issued payment and performance the plaintiff issued an insurance bonds for construction projects policy. The defendant owes the located in the state of Connecti- sum of $11,822 in unpaid precut to the Morganti group, which miums. The plaintiff claims subcontracted to the plaintiff monetary damages between to furnish labor, materials, tools $2,500 to $15,000. Filed Aug. 28. and equipment of which the Case no. CV126015302. plaintiff has yet not received satisfaction. The amount in question is $323,838.93. The plaintiff Wakefern Food Corp., Stamclaims monetary damages of ford. Filed by Emily Kethler, more than $15,000. Filed Aug. 28. Stamford. Plaintiff’s attorney: Stewart M. Casper, Stamford. The Case no. CV126010309. plaintiff alleges she was a customer at the defendant’s supermarket when she slipped on the store’s wet floor. The plaintiff sustained injuries and loss of earnings as a result of the negligence of the defendant. The plaintiff claims monetary damages in the excess of $15,000. Filed Aug. 24. Case no. CV126015275.

Stamford Superior Court

U.S. District Court Afni Inc., Bloomington, Ill. Filed by Emily Rojas, Middletown. Plaintiff’s attorney: Joanne S. Faulkner, New Haven. Action: The plaintiff alleges the defendant communicated that a debt had passed its statute of limitations and that it would report it to the credit reporting agencies as unpaid. The plaintiff claims any compensatory and punitive damages that are permitted by law, as well as $1,000 statutory damages under the FDCPA. Filed Aug. 23. Case no. 12CV1238. Bristol Hospital, Bristol. Filed by Dusti Preston, Wethersfield. Plaintiff’s attorney: Vincent F. Sabatini, Newington. Action: The plaintiff alleges gender discrimination, due to her single-mother status, disability discrimination due to an injury and emotional distress, and requests compensatory damages. Filed Aug. 27. Case no. 12CV01252. Commissioner of Social Security, U.S.A. Filed by Kevin L. Ulitsch Sr., Stafford Springs. Plaintiff’s attorney: John L. Roberts, Longmeadow, Mass. Action: The plaintiff alleges a denial of social security benefits, which he is entitled, and requests that the court revise the decision of the defendant to grant maximum monthly disability benefits to the plaintiff. Filed Aug. 24. Case no. 12CV01245. Depuy Orthopaedics Inc, et al., Warsaw, Ind. Filed by Sharon A. Fabricatore, New Haven. Plaintiff’s attorneys: John J. Houlihan Jr. and Patrick J. Kennedy, Hartford. Action: The plaintiff has suffered damages as a result of the defendant’s development, design, testing, manufacture, distribution and sale of the metal-on-metal DePuy Pinnacle TM Hip Replacement System. The plaintiff suffered bodily injury and has incurred medical expenses, and demands a jury by trial, judgment against the defendant to award the plaintiff medical and incidental expenses, loss of earnings and/ or earning capacity. Filed Aug. 27. Case no. 12CV01249.

Electrolux Home Products Inc., Cleveland, Ohio. Filed by Tracy and Cher Golas, Norwich. Plaintiff’s attorney: Mark D. O’Hara, Windsor Locks. Action: The plaintiffs allege they purchased a Kenmore brand electric range that was installed at the plaintiff’s premises and it was defective, which caused a fire and damages to the property. The plaintiffs claim a judgment in an amount in excess of $75,000. Filed Aug. 24. Case no. 12CV01243.

National Recovery Solutions L.L.C., Lockport, N.Y. Filed by Jason Antunovich, Danbury. Plaintiff’s attorney: Michael W. Kennedy, Branford. Action: The plaintiff seeks relief pursuant to the Fair Debt Collection Practices Act since the defendant communicated with the plaintiff for 12 months regarding the plaintiff’s disputed personal debt, which violated the FDCPA. The plaintiff requests that the court award damages as are permitted by law, including $1,000 statutory damages against the defendant and Halstead Financial Services that the court award declaratory L.L.C., et al., Skokie, Ill. Filed by and injunctive relief. Filed Aug. 22. Jay Watts, New London. Plain- Case no. 12CV01232. tiff’s attorney: Joanne S. Faulkner, New Haven. Action: The plaintiff seeks relief pursuant to the Fair Triplanet Partners L.L.C., et al., Debt Collections Practices Act as New York City. Filed by Benjamin the defendant was responsible for Roberts, Newtown. Plaintiff’s atsupervision and control of col- torneys: Benjamin J. O’Rourke lectors, which was not licensed and Lorey Rives Leddy, New Caas a collection agency and were naan. Action: The plaintiff alcommunicating in connection leges that the defendants failed with a debt that the plaintiff al- to pay his wages earned, includlegedly owed to HSBC. The ing two annual equity payouts plaintiff demands that the court arising from his equity owneraward the plaintiff damages that ship interest in the company, as are permitted by law, including well as a breach of contract that $1,000 statutory damages against pertains to the plaintiff’s emthe defendant. Filed Aug. 22. ployment and wages that were Case no. 12CV01228 withheld. The plaintiff seeks compensatory damages, punitive damages and judgment against Idex Health & Science L.L.C., all defendants. Filed Aug. 21. Lake Forest, Ill. Filed by Diba Case no. 12CV01222. Industries Inc., Danbury. Plaintiff’s attorneys: Eric E. Grondhal and Kevin L. Reiner, Hartford. Walmart Stores Inc., WaterAction: The plaintiff alleges a bury. Filed by Calvin Hayden, patent infringement against New Haven. Plaintiff’s attorney: the defendant whom by design Law Office of W. Martyn Philhave infringed on the patent of pot Jr. L.L.C., New Haven. Acthe plaintiff. The plaintiff re- tion: The plaintiff alleges that his quests a trial by jury, judgment employment was terminated for against the defendant to enforce changing a patient’s prescription the plaintiff’s patent among without the ophthalmologist’s other damages. Filed Aug. 24. permission but according to the Case no. 12CV01248. plaintiff his termination was discriminatory because of race, age, defamation of character and the National Flood Insurance Pro- intentional infliction of emotiongram, et al., United States Federal al distress. The plaintiff claims Government. Filed by John Gior- damages, reimbursement of back dano, New Haven. Plaintiff’s at- wages and re-establishment of torney: Joseph A. DiSilvestro, East any and all benefits, an amount Haven. Action: The plaintiff al- of $1 million. Filed Aug. 27. leges that he was issued an insur- Case no. 12CV01251. ance policy and while the policy was in effect the plaintiff’s property had suffered damages as a result of a flood. The defendant has Deeds failed to compensate the plaintiff for damages and as a result is in breach of contract to the insured. The plaintiff claims compensatory damages and relief in the excess of $300,000. Filed Aug. 24. Birch Hill Rest Inc., Woodstock, Vt. Seller: Paul Fontana, GreenCase no. 12CV01242. wich. Property: 18 Homestead Lande, Greenwich. Amount: $520,000. Filed Aug. 23.

24 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Commercial

on the record Credits, Clients and Awards The Kennedy Center was awarded a $10,000 grant from The Fairfield County Community Foundation to support The Norma F. Pfriem Foundation Alzheimer’s Center at Faust Hall in Bridgeport. This grant has provided the center with an opportunity to enhance its services for the Alzheimer’s program that serves up to nine individuals.

Newsmakers

Diane Winston, principal of Winston Strategic Partners L.L.C., a Norwalk-based business-strategy and communications consulting firm, was recently awarded a contract with the Connecticut Lottery Corp. Winston has more than 30 years of combined full-time and consulting experience with corporations, including Citibank, AXA Financial, Pitney Bowes, Dr Pepper Snapple Group, and Unilever.

Norwalk Seaport Association and First County Bank recently welcomed state Sen. Bob Duff and Norwalk Mayor Richard Moccia to a ribbon-cutting ceremony welcoming the 35th annual Oyster Festival, which was held at Veteran’s Memorial State Park in Norwalk.

On the Go: Business, Etc. Tuesday Sept. 11

Green Acres Landscape & Design L.L.C., a Wiltonbased landscape design/build firm, has announced the following “How to Overcome the Resume Black Hole: Applicant Tracking System,” 7 p.m., Rotary Room at Fairfield Public Library, 1080 Old appointments. Post Road, Fairfield. For information, call 256-3160. Bonnie Parkinson has joined the company as garden-care Wednesday Sept. 12 manager. Parkinson holds a bachelor’s degree in landscape design and a master’s degree in education from the University of Con- “Business After Business”, 5 to 7 p.m., Crowne Plaza,18 Old necticut. Ridgebury Road, Danbury. $20 nonmembers, $15 members. For information, call 743-5565. Vincent Vollono is now head of operations and business development, as well as a member of the design team. He is a gradThursday Sept. 13 uate of the University of Connecticut, and holds a bachelor’s degree “Getting Mentally and Physically Fit” networking luncheon, in landscape design. In addition, he recently graduated from the noon to 2 p.m., Equinox, 72 Heights Road, Darien. For informaMBA program at Albertus Magnus College. tion, email coleynick@over40females.com. Michael Horyczun of Trumbull was named director of media relations at Fairfield University. Most recently, he served as director of public relations for the Bruce Museum in Greenwich. He currently is an on-air staff member at public radio station WPKN-FM in Bridgeport, hosting a bi-monthly music program. Horyczun is a graduate of the University of Connecticut, where he majored in English and journalism.

Snapshot Human Resources Outsourcing Firm, OperationsInc, and AllCountyJobs.com, a network of local and industry-specific online job boards, recently celebrated a ribbon-cutting ceremony and open house at their new offices at 535 Connecticut Ave. in Norwalk.

Quinnipiac University has announced the following individuals have been appointed to the founding faculty of the university’s new undergraduate engineering program.

Information for these features has been submitted by the subjects or their delegates.

Justin W. Kile is an associate professor of industrial engineering in the new program, which will offer its first classes this fall. Kile comes to Quinnipiac from the University of Wisconsin-Platteville, where he was coordinator of the industrial engineering program.

John J. Reap is an assistant professor of mechanical engineering in the new program. Reap comes to Quinnipiac from Virginia Tech, where he was an instructor of engineering.

From left, Gerald Toni, Oyster Festival director, Norwalk Seaport Association; Sen. Bob Duff, representing Norwalk and Darien; Norwalk Mayor Richard Moccia; Rey Giallongo, chairman and CEO First County Bank; Katherine Harris, president and COO First County Bank; and Irene Dixon, president of the board of trustees at the Norwalk Seaport Association.

From left, Michael Wiston, product manager for AllCountyJobs.com; David Lewis, CEO of OperationsInc and AllCountyjobs.com; Jennifer Gerwien, senior vice president of marketing and business development for OperationsInc and AllCountyJobs.com; Norwalk Mayor, Richard A. Moccia; state Sen. Bob Duff; and state Rep. Chris Perone.

GET THE RECORDS EARLY. Go to westfaironline.com/buy/records-section/ for more information and to view a sample. FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012 25

on the record Bridgeport Renewal L.L.C., Bridgeport. Seller: Ellen Johnson and James Dorsey, Hennepin, Minn. Property: 15341542 Seaview Ave., Bridgeport. Amount: $100,000. Filed Aug. 27.

Benjamin, Brian and Debbie, Hoboken, N.J. Seller: William L. and Mary E. Sandberg, Riverside. Property: 86 Lockwood Road, Riverside. Amount: $1.16 million. Filed Aug. 22.

Da Costa, Adriana Braga and Mario Valente, Bridgeport. Seller: Nancy Schneider, Bridgeport. Property: 120 Huntington Turnpike, Unit 101, Bridgeport. Amount: $29,000. Filed Aug.22.

Folsom, William, Norwalk. Seller: Mauricio Martins and Lucilene Elaine Dasilva, Leesburg, Fla. Property: 141 Westville Ave., Danbury. Amount: $195,000. Filed Aug. 27.

Joseph, Abishai W. and Sylvia Rabindranath, Secauscus, N.J. Seller: Katherine M. Oyster, Stamford. Property: 28 Crescent St., Unit 2, Stamford. Amount: $350,000. Filed Aug. 24.

Post Road Iron Works Inc., Employees Pension Plan Trust, Greenwich. Seller: Suntrust Mortgage Inc., Richmond, Va. Property: 127 Van Buskirk Ave., Stamford. Amount: not available. Filed Aug. 22.

Bonfigli, Andrea, Rye, N.Y. Seller: B & B Development L.L.C., Stamford. Property: 10 Ranson St., Stamford. Amount: $470,000. Filed Aug. 22.

Defilippo, Mike, Bridgeport. Seller: the Secretary of Housing and Urban Development, Washington, D.C. Property: 400 Flint St., Bridgeport. Amount: $110,000. Filed Aug. 28.

Gersten, Alexander and Irina Dymarsky, Stamford. Seller: Karen and Markus Weinseiss, Easton. Property: 84 Larkspur Road, Stamford. Amount: $600,000. Filed Aug. 23.

Kathlee M. Dwyer, Wilton. Seller: Matthew D. Alpert, Monroe. Property: 39 Tower Ave., Stamford. Amount: $530,000. Filed Aug. 24.

Dempsey, William and Rebecca Balsley, New York City. Seller: Christopher Carlton and Angela M. Carella, Stamford. Property: Lot 2, Map. 3737, Stamford. Amount: $525,000. Filed Aug. 24.

Giblin, Debra L., Norwalk. Seller: John McCusker, Easton. Property: 25 Southfield Road, Easton. Amount: $663,000. Filed Aug. 24.

Kauh, Austin D. and Christine C. Yang-Kauh, Brooklyn, N.Y. Seller: Anne P. Hill, Norwalk. Property: 31 Pheasant Run, Wilton. Amount: $885,000. Filed Aug. 15.

Briand, Jean and Danielle Robinson Briand, Ariz. Seller: EweRealty Strategies, L.L.C., At- lina Wyszynski, Easton. Property: lanta, Ga. Seller: Bank of America 32 Lobdell Lane, Easton. Amount: N.A., Charlotte, N.C. Property: $1,150,000. Filed Aug. 16. 34 Weatherbell Drive, Norwalk. Amount: $350,000. Filed Aug. 21. Brill, Dorothy, Stamford. Seller: Barbara L. Vogt, Stamford. PropRR One L.L.C., New York City. erty: 65 Flint Rock Road, StamSeller: Newfield Urbor L.L.C., ford. Amount: $735,000. Filed Norwalk. Property: 175 New- Aug. 22. field Ave., Bridgeport. Amount: $185,000. Filed Aug. 23. Brust, Thomas D. and Marissa, Greenwich. Seller: Stone FinancStone Financing L.L.C., Mel- ing L.L.C., Melbourne, Fla. Propbourne, Fla. Seller: Francisco I. erty: 32 Meyer Place, Greenwich. and Valentina Narvaez, Green- Amount: $1.65 million. Filed wich. Property: 32 Meyer Place, Aug. 23. Greenwich. Amount: $1.65 million. Filed Aug. 23. Cadman, Gregory C. and Xiomara Rocha-Cadman, Old Vulcan Scrap Metal L.L.C., Greenwich. Seller: Arthur Riel Stamford. Seller: Martin Kelsey, and Susana Cumplido-Riel, Ridgefield. Property: 63 Taff Ave., Greenwich. Property: 7 LightStamford. Amount: $800,000. house Lane, Old Greenwich. Filed Aug. 22. Amount: $2.35 million. Filed Aug. 24.

Residential Ambergis, Elizabeth and Jordan A., Stratham, N.H. Seller: Peter S. and Isabelle G. Bell, Wilton. Property: 14 Silver Spring Road, Wilton. Amount: $970,000. Filed Aug. 14. Baldwin, Paula N., Bridgeport. Seller: Odette Charles, Bridgeport. Property: 75E Leslie Road, Bridgeport. Amount: $105,000. Filed Aug.22. Baxendale, Matthew and Jeanette, Stamford. Seller: Michael J. and Madeline J. Rozzi, Wilton. Property: 35 Kent Hills Lane, Wilton. Amount: $575,000. Filed Aug. 16. Belden, Sheila M., Greenwich. Seller: Seth M. Lynn Jr., Marblehead, Mass. Property: 32 Ritch Ave. West, Greenwich. Amount: $420,000. Filed Aug. 23.

Carbajales, Francisco and Marisa Gallaro, Riverside. Seller: Khalid Mohammed Malik and Aqsa Qureshi, Riverside. Property: 11 Wilmot Lane, Riverside. Amount: $1.39 million. Filed Aug. 24.

Gilmartin, Brian M. and Mary, Rye, N.Y. Seller: John J. Bria, Palm Coast Fla.; and Ralph F. Bria, Greenwich. Property: 31 Hollow Wood Lane, Greenwich. Amount: $616,000. Filed Aug. 22.

Diaz, Nestor D., Alberto Santos and Deliris Santos, Bridgeport. Seller: Joao Paulo Almeida and Joaquim Valeriano, Bridgeport. Property: 269 Pleasantview Ave., Bridgeport. Amount: $180,000. Godden, Joseph A. and ValFiled Aug. 27. erie A. Leff, Weston. Seller: DLJ Mortgage Capital Inc., Salt Diaz, Yanetsy, Stamford. Seller: Lake City, Utah. Property: 12 Ralph Latella, Norwalk. Prop- Richmond Hill Road, Weston. erty: 11 Deerfield St., Norwalk. Amount: $460,000. Filed Aug. 16. Amount: $206,000. Filed August 24. Guerrero-Olivia, Consuelo D., Bridgeport. Seller: Sean Donovan, Diane M., Wilton. Kuzma and Jerry Garceau, GuilSeller: Onofrio and Ellen Pata- ford. Property: 1199-1201 Irafio, Norwalk. Property: 19 Lynn nistan Ave., Bridgeport. Amount: Crest Drive, Norwalk. Amount: $190,000. Filed Aug. 27. $400,000. Filed Aug. 22. Donovan, Justin A. and Gillian J., Brooklyn, N.Y. Seller: Lisa Hume, Weston. Property: 446 Newtown Turnpike, Weston. Amount: $375,500. Filed Aug. 13.

Dorne, Christopher and Shirin, Wilton. Seller: Craig FerChincay, Olinda, Bridgeport. rero, Wilton. Property: 34 Saddle Seller: Carlos H. Escobar, Stam- Ridge Road, Wilton. Amount: ford. Property: 95 Liberty St., Unit $784,000. Filed Aug. 13. B8, Stamford. Amount: $145,000. Filed Aug. 22. Faria, Almir, Shelton. Seller: Levent Bildik, Bridgeport. Property: Colahan, Peter D. and Jane 50 Greenhouse Road, Unit 10A, H., Rye, N.Y. Seller: Sanford and Bridgeport. Amount: $77,500. Meryl Silverstein, Norwalk. Prop- Filed Aug. 27. erty: Lot 13, Map 6359, Norwalk. Amount: $525,000. Filed Aug. 21. Fernandez, Robert, Fairfield. Seller: Scott Kleinberg, New York Czebiniak, Adrian A., Stamford. City. Property: 70-72 Dewey St., Seller: Jillian M. Zebeck, Shelton. Bridgeport. Amount: $38,000. Property: 160 Glenbrook Road, Filed Aug. 23. Unit 1C, Stamford. Amount: $535,000. Filed Aug.23. Flaherty, Kevin M. and Serena C., Old Greenwich. Seller: Robert F. and Frances D. Schapperle, Old Greenwich. Property: 7 Clark St., Old Greenwich. Amount: $3.2 million. Filed Aug. 24.

Harris, David L. and Christine, Weston. Seller: Steven and Amy Sheinberg, Weston. Property: 26 September Lane, Weston. Amount: $765,000. Filed Aug. 21.

Latiak, Lynden Theodore and Franz J. Ferrer, Greenwich. Seller: Patrick A. and Tricia Kennedy, Riverside. Property: 4 Mary Lane, Riverside. Amount: $635,000. Filed Aug. 22.

Mullins, David B. Jr. and Mary Ann Ganziala, Greenwich. Seller: Grant Gyesky, et al., Cos Cob. Property: 99 Valley Road, Unit East, Swan Cove Condominiums, Cos Cob. Amount: $2.2 million. Filed Aug. 22. Newcombe, George A. and Holly K., Norwalk. Seller: Christopher and Maureen Smith, Wilton. Property: 52 Tanners Drive, Wilton. Amount: $1.42 million. Filed Aug. 20. O’Malley, John P. and Sarah W., Wilton. Seller: Philip L. and Kimberly B. Armundson, Wilton. Property: 35 New Canaan Road, Wilton. Amount: $1.55 million. Filed Aug. 14. Ocegueda, Manuel, Bridgeport. Seller: Federal National Mortgage Association, Washington, D.C. Property: 836 Chopsey Hill Road, Bridgeport. Amount: $51,000. Filed Aug. 22.

Lawrence, Sheena M. and Sean, Greenwich. Seller: ARRC L.L.C., Greenwich. Property: 83 View Pak, Joshua and Hannah HyStreet West, Greenwich. Amount: ewook, Wilton. Seller: Karlene $765,000. Filed Aug. 24. E. Mitchell, Wilton. Property: 38 Hilton Hunt, Wilton. Amount: $675,000. Filed Aug. 16. Lewis, Alexander and Nona, Bridgeport. Seller: Federal National Mortgage Association, Pasquino, Joseph M., Stamford. Washington, D.C. Property: 110 Seller: Norine Steinmetz, StamGlenwood Ave., Bridgeport. ford. Property: 255 Strawberry Amount: $38,000. Filed Aug. 22. Hill Ave., Unit C8, Stamford. Amount: $273,000. Filed Aug. 23. Martinelli, Anthony and Inez, Stamford. Seller: David B. Roth, Riverside. Property: 16 Bouton St., Unit C3, Stamford. Amount: $289,000. Filed Aug. 22.

McDermott, Robert Jr. and Jessica, Easton. Seller: Suzanne Will Harrington, West Chesterfield, N.H.; Margaret Will, Chapel Hill, N.C.; Mary E. Will Sussman, Webster, N.H.; Roland Tracy Will II, Waunakee, Wisc. Property: James M. and Mary Florindi, 12 Sport Hill Parkway, Easton. Port Chester, N.Y. Seller: Derek Amount: $410,000. Filed Aug. 14. Sabine, Stamford. Property: 87 Glenbrook Road, Unit 2A, Stamford. Amount: $176,954. Filed Mee, Adrian Christopher and Nicole Soskia Elisabeth Pfleger, Aug. 23. Norwalk. Seller: Joel and Erica Harvill, Walnut Creek, Calif. Jester, J. Gregory, Stamford. Property: 47 Shorefront Park, Seller: Erik C. and Tracy D. Buck- Norwalk. Amount: $520,000. holz, Stamford. Property: 39 Filed Aug.21. Lawton Ave., Stamford. Amount: $393,000. Filed Aug. 24. Miller, Tameika G. and Kenneth Robinson, Norwalk. Seller: Jones, Sean P., Bridgeport. Sell- Sherman G. and Paige M. Eagan, er: Raymond Stanley Wolczek, Norwalk. Property: 3 Valley View Bridgeport. Property: 128-130 Road, Unit 20, Norwalk. Amount: Gurdon St., Bridgeport. Amount: $382,000. Filed Aug. 24. $250,000. Filed Aug. 22. Hyman, Carolyn, Pleasantville, N.Y. Seller: Steven A. and Janine M. Scharff, Stamford. Property: 81 Bangall Road, Stamford. Amount: $757,500. Filed Aug. 24.

26 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Peterson, Andrew C., Greenwich. Seller: Scott and Liz Spurr, Easton. Property: 275 Sport Hill Road, Easton. Amount: $565,000. Filed Aug. 20. Prentice, Scott and Nancy, Fairfield. Seller: Jeremy and Joan Frost, Easton. Property: 428 Westport Road, Easton. Amount: $555,500. Filed Aug. 13. Radley, Melanie and Philippe, North Salem, N.Y. Seller: Alice Moskowitz, Boca Raton, Fla. Property: 27 Greenlea Lane, Weston. Amount: $853,900. Filed Aug. 16. Rahilly, Heather D. and Robert G., New York City. Seller: Gail Sagel, Weston. Property: 11 Fanton Hlll Road, Weston. Amount: $1.05 million. Filed Aug. 24. Reilly, Christine and Thomas, Bridgeport. Seller: Amita Umaranikar, Elmhurst, N.Y. Property: 85 Corn Tassel Road, Bridgeport. Amount: $230,000. Filed Aug. 27.

on the record Reynolds, Ronald Lamont and Gloria Isabel Iniquez Reynolds, Weston. Seller: Marc and Deborah Breslawsky, Weston. Property: 51 Eleven Oâ&#x20AC;&#x2122;Clock Road, Weston. Amount: $910,000. Filed Aug. 15.

Yiru, Sun and Yu Huang, Stamford. Seller: Eastside Development Association L.L.C., Stamford. Property: 850 Main St., Stamford. Amount: $457,800. Filed Aug.24.

Ritter, Erik and Alison Scozzafava, Stamford. Seller: Matthew W. Lake, Ridgefield. Property: 61 Rivergate Drive, Wilton. Amount: $625,000. Filed Aug. 15.

Yujcre, Sonia, Yonkers, N.Y. Seller: Nohemy Gaviria-Suarez and Bernardo Suarez, Bridgeport. Property: 715 Frenchtown Road, Unit 7, Bridgeport. Amount: $105,000. Filed Aug. 27.

Rosen, Sindy S., Cos Cob. Seller: Jonathan Paul Cuticelli and ElizaForeclosures beth A. Schuette, Greenwich. Property: 9 River Road, Unit 417, Cos Cob. Amount: $340,000. Costa, Juciele, et al. Creditor: Filed Aug. 23. The Bank of New York Mellon. Property: 1406 Wood Ave., Bridgeport. Mortgage default. Scanlon, Philip and Janet Filed Aug. 22. Evans-Scanlon, Dunellen, N.J. Seller: James P. and Samantha Spielman, Norwalk. Property: Diggins, William, et al. Credi58 Melbourne Road, Norwalk. tor: First Niagara Bank N.A., Amount: $416,500. Filed Aug. 20. Stamford. Property: 55 Crooked Trail Road, Norwalk. Mortgage default. Filed Aug. 23. Sobrinho, Jose and Carmelita Maria Firmino, Bridgeport. Seller: Correa Da Silva and Lil- Gamble, John, et al. Creditor: lian Munoz, Bridgeport. Prop- U.S. Bank N.A., trustee, Minneerty: 1 Wallace Court, Bridgeport. apolis, Minn. Property: 68 Grey Amount: $45,000. Filed Aug. 23. Rock Road, Bridgeport. Mortgage default. Filed Aug. 22. Sorial, Ehab Z., Stamford. Seller: Lauren Ochman and Christopher Richards, Norwalk. Property: 49 Day St., Unit 309, Norwalk. Amount: $77,000. Filed Aug. 23. Sullivan, Michael J. and Pamela J., Fayetteville, Ark. Seller: Vincent J. and Gaetana M. Cavalea, Wilton. Property: 321 Sturges Ridge Road, Wilton. Amount: $929,000. Filed Aug. 15. Ward, Stephen and Joann, Pennington, N.J. Seller: Robert R. and Julie A. Cantrell, Phoenix, Ariz. Property: 20 Encampment Place, Ridgefield. Amount: $1.07 million. Filed Aug. 24. Wegner, Jeremy and Angie Smolka, Los Angeles, Calif. Seller: Tom and Debbie Helene Espeland, Weston. Property: 32 Tobacco Road, Weston. Amount: $789,000. Filed Aug. 20. Yang, Zhihong, and Haihang Sun, Sandy Hook. Seller: Federal National Mortgage Association, Washington, D.C. Property: 200 Woodmont Ave., Unit 139, Bridgeport. Amount: $75,000. Filed Aug. 28.

Patel, Shash V., et al. Creditor: OneWest Bank F.S.B., Pasadena, Calif. Property: 3200 Madison Ave., Unit 33, Bridgeport. Mortgage default. Filed Aug. 22. Ramirez, Guadalupe, et al. Creditor: U.S. Bank N.A., trustee, Minneapolis, Minn. Property: 99101 Grant St., Bridgeport. Mortgage default. Filed Aug. 22.

Judgments BAC Home Loans Servicing L.L.P., Fort Worth, Texas. $4,541.24 in favor of Berkshire Hills Townhouse Condominiums Association Inc., Danbury. Property: 160 Shelter Rock Road, Unit 9, Danbury. Filed Aug. 23. Dow, Ian, Easton. $26,811.35 in favor of American Express Centurion Bank, Salt Lake City, N.J, by Joseph M. Tobin, New Haven. Property: 12 Ridgeway Road, Easton. Filed Aug. 27.

Ackerly, Gary L., et al., Danbury. Filed by Hunt, Leibert, Jacobson P.C., Hartford, for OneWest Bank F.S.B., Pasadena, Calif. Property: 65B Padanaram Road, Danbury. Action: to foreclose a delinquent Scott, Richard and Durelle mortgage in the original principle M. Green, 2356 Staples Road, amount of $330,000 dated JanuEaston. $204,014.65, tax debt on ary 2007. Filed Aug. 27. Chuddy, Edward II, 22 income earned. Filed Aug. 13. Glenbrook Road, Stamford. $26,547.22, tax debt on income Agurcia, Nelly, Stamford. Filed Telesco, Jennie S., 1288 How- by Loren M. Bisberg: Bendett & earned. Filed Aug. 22. ard Ave., No. 3, Bridgeport. McHugh, Farmington for U.S $651,744.70, tax debt on income Bank N.A., Salt Lake City, Utah. Dicocco, Theresa, 90 High earned. Filed Aug. 27. Property: 22 Harvard Ave., StamMeadow Road, Easton. ford. Action: to foreclose a delin$145,894.02, trust-fund recovery quent mortgage in the original Young, Jacquieline A., 24 Cepenalty and/or excise taxes imprinciple amount of $389,600 dar Road, Wilton. $30,334.16, posed. Filed Aug. 13. tax debt on income earned. Filed dated Feb. 2007. Filed Aug. 23. Aug. 15. Dos Reis, Wiliam Marlon F. and Ali, Neshat, et al., Bridgeport. Carla R., 23 Sheridan St., DanFiled by John J. Ribas, Bridgeport, bury. $4,218.07, tax debt on infor the Water Pollution Control come earned. Filed Aug. 23. Authority for the city of Bridgeport. Property: 218 West Ave., Bridgeport. Action: to foreclose Hayes, Andrew W. and Monica, 4 S. Stanwich Road, Greenwich. Cizik, Michael and Marlene P., sewer use charges against this $253,075.62, tax debt on income 164 Jourmire Road, Bridgeport. unit. Filed Aug. 27. $429.63, tax debt on income earned. Filed Aug. 22. earned. Filed Aug. 27. Angulo, Ronny G., et al., Bridgeport. Filed by Richard M. Shapiro, Hooker, Samule, 35 Bayberry Lane, Easton. $131,596.07, tax Da Silva, Domingos A., 482 Hamden, for Regency Condodebt on income earned. Filed Cowperthwaite St., Danbury. minium Association Inc., Ham$5,439.30, tax debt on income den. Property: Unit 10F, Regency Aug. 13. Condominium, Bridgeport. earned. Filed Aug. 23. Action: to foreclose on the unit Ideal Stoneworks Inc., 375 Fairto recover delinquent common field Ave., Stamford. $14,597.98, Morgan, Donna, 1723 Broad- charges due to the association. bridge Ave., Bridgeport. Filed Aug. 23. payroll taxes. Filed Aug. 22. $172,599.62, trust-fund recovery penalty and/or excise taxes imJones, Mitchell, P.O. Box 1107, posed. Filed Aug. 27. Artiaga, Roger Antonio, et al., Norwalk. $7,114.07, tax debt on Bridgeport. Filed by Adrienne income earned. Filed Aug. 21. Roach: Hunt Leibert jacobson Norwalk Music Inc., Norwalk P.C., Hartford, for The Bank of Music Studios, 120 New Canaan New York Mellon, New York City. Lieberman, Richard and Lau- Ave., Norwalk. $1,068, tax debt on Property: 166 King St., Bridgeren, 102 Valley Road, Apt. 16, Cos income earned. Filed Aug. 21. port. Action: to foreclose a delinCob. $41,356.50 tax debt on inquent mortgage in the original come earned. Filed Aug. 22. principle amount of $197,000, Singlewald, Charles F., 99 dated July 2006. Filed Aug. 27. Old Easton Turnpike, Weston. Perez, Erick D., 172 Hanover St., $81,125.36, tax debt on income Apt. 2, Bridgeport. $16,046.74, earned. Filed Aug. 13. Beauvil, Pierre G., Bridgeport. tax debt on income earned. Filed Filed by John J. Ribas, Bridgeport, Aug. 27. for the Water Pollution Control Thomas, Alson, 1335 Sylvan Authority for the city of BridgeAve., Bridgeport. $6,200.08, tax port. Property: 48-54 Center St., Riveros, Aleides Daniel, 30 Liv- debt on income earned. Filed Bridgeport. Action: to foreclose ingston Place, Apt. 3, Bridgeport. Aug. 27. sewer use charges against this $7,672.04, tax debt on income unit. Filed Aug. 27. earned. Filed Aug. 27.

Liens

Federal Tax liens - filed

Sather, William R. and Diane E., 15 Church Lane, Weston. $144,069.28, tax debt on income earned. Filed Aug. 13.

Federal Tax Liens - Released

Langston, Nicole, Bridgeport. $7969.87 economic damages and $40,000 noneconomic damages in favor of Maria Molina, Bridgeport, by Stuart Hawkins, Stratford. Property: 1149-1153 Gold, Lynn A., et al. Credi- Central Ave., Bridgeport. Filed tor: Success Village Apartments, Aug. 23. Bridgeport. Property: 100 Court Drive, Building 10, Bridgeport. Roda, Carlos. Bridgeport. Leasehold interest. Filed Aug. 27. $12,542.04 in favor of U.S. Equities Corp., South Salem, N.Y., Hernandez, Anibal, et al. Cred- by Linda Strumpf, New Canaan. itor: U.S. Bank N.A., trustee, Property: 225 Little Deer Road, Minneapolis, Minn. Property: 96 Bridgeport. Filed Aug. 23. Glenwood Ave., Unit 96, Bridgeport. Mortgage default. Filed Telfort, Marie, Bridgeport. Aug. 22. $1,745.97 in favor of Midland Funding L.L.C., San Diego, Calif., Martin, Richard. Creditor: by Stephen A. Wiener. Property: Bridgeport Gateway Apartments 52 Bancroft Ave., Bridgeport. Inc., Shelton. Property: 55 Water- Filed Aug.28. man St., Apt. 47, Bridgeport. Statutory lien for common charges. Triner, Kim, et al., Easton. Filed Aug.22. $2,947.60 in favor of Norbert E. Mitchell Co. Inc., Danbury. PropMay, Karen M. Creditor: Bank- erty: 15 Church Road, Easton. Boston N.A., Boston, Mass. Prop- Filed Aug. 23. erty: 206 Beechwood Ave, Unit B, Building I, Bridgeport. Mortgage Leases Roberts, Belynda D., 7 Nob Hill default. Filed Aug. 22. Circle, Bridgeport. $29,335.25, Brookside Motors L.L.C. by tax debt on income earned. Filed Molnar, Scott. Creditor: OneW- Regina M. Flaherty. Landlord: 10 Aug. 27. est Bank F.S.B., Pasadena, Calif. Boston Ave. L.L.C. Property: 43 Property: 22 Ash St., Bridgeport. North Ave., Bridgeport. Term: 20 Mortgage default. Filed Aug. 22. years, commencing May 15, 2012. Robushi, David E., 320 Center Road, Easton. $44,778.73, tax Filed Aug. 16. debt on income earned. Filed Aug. 13.

Lis Pendens

Abilome, Jean C., et al., Bridgeport. Filed by Jo-Ann Sensale, Farmington, for JPMorgan Chase Bank N.A., Columbus, Ohio. Property: 465 Merritt St., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $157,076 dated Dec. 2008. Filed Aug. 28.

on the record Briceno, Juan, et al., Bridgeport. Filed by Adrienne Roach, Hartford, for Federal National Mortgage Association, Washington, D.C. Property: 242-244 Orchard St., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $240,000 dated June 2007. Filed Aug. 23.

Eaddy, Grace, Bridgeport. Filed by Loren M. Bisberg: Bendett & McHugh, Farmington, for HSBC Bank USA N.A., Buffalo, N.Y. Property: 61 Woodmont Ave., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $238,000 dated October 2005. Filed Aug. 28.

Friedlander, Jill, Norwalk. Filed by Mark A. Sank: Mark Sank & Associates L.L.C., Stamford, for Dorlon Terrace Association Inc., Norwalk. Property: 199 Gregory Blvd., Unit 1H, Norwalk. Action: to claim a foreclosure $155,000 dated February 2001. Filed Aug. 23.

Guiles, David Heman, Bridgeport. Filed by Robert N. Sensale: Bershtein, Volpe & McKeon P.C., New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 54 Fifth St., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 22.

Butler, James, et al., Bridgeport. Filed by Loren M. Bisberg, Farmington, for U.S Bank N.A., Salt Lake City, Utah. Property: 322 Hooker Road, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $215,050 dated November 2005. Filed Aug. 27.

Escarte, Maria C., Bridgeport. Filed by Loren M. Bisberg: Bendett & McHugh, Farmington, for HSBC Bank USA N.A., Buffalo, N.Y. Property: 48 Bell St., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $92,000 dated October 2006. Filed Aug. 28.

Gilbertie, Salvatore J., et al., Easton. Filed by Joseph E. Faughnan: Susman, Duffy & Segaloff P.C., New Haven, for Berkshire Bank, Pittsfield, Mass. Property: 65 Adams and 659 Sport Hill roads, Easton. Action: to foreclose a delinquent mortgage in the original principle amount of $2.7 million dated March 2007. Filed Aug. 22.

Castellanos, Sonia, Norwalk. Filed by Nicole M. Fitzgerald: Bendett & McHugh, Farmington, for U.S Bank N.A., Salt Lake City, Utah. Property: 15 Edgewood St., Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $512,000 dated March 2006. Filed Aug. 23.

Fabian, Sileni, Danbury. Filed by Loren M. Bisberg: Bendett & McHugh, Farmington, for JPMorgan Chase Bank N.A., Columbus, Ohio. Property: 159 Triangle St., Danbury, Action: to foreclose a delinquent mortgage in the original principle amount of $251,250 dated April 2007. Filed Aug. 23.

Couch, Patricia E., Stamford. Filed by Loren M. Bisberg: Bendett & McHugh, Farmington for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 237 Sun Dance Road, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $484,000 dated September 2007. Filed Aug. 23.

Federal National Mortgage Association, Washington, D.C. Filed by John J. Ribas, Bridgeport, for Coachlight Square Association of Bridgeport Inc., Bridgeport. Property: 200 Woodmont Ave., Unit 139, Bridgeport. Action: to foreclose a statutory lien on this unit. Filed Aug. 27.

Cuadrado, Haysebell, et al., Bridgeport. Filed by Robert N. Sensale, New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 265267 Cedar St., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 22.

Filip, Agnes P. et al., Bridgeport. Filed by Richard M. Shapiro: Shapiro & Epstein P.C., Hamden, for Regency Condominium Association Inc., Hamden. Property: Unit 10A, Regency Condominium, Bridgeport. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 23.

Dor, Marie, et al., Bridgeport. Filed by Adrienne Roach, Hartford, for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 288 Oakwood St., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $159,953 dated September 2008. Filed Aug. 27.

Flor, Marina Ramirez, et al., Stamford. Filed by William R.Dziedzic: Bendett & McHugh, Farmington, for Deutsche Bank National Trust, Los Angeles, Calif., Property: 46 Taylor St., Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $200,000 dated December 2005. Duque, Antonio, Easton. Filed Filed Aug. 22. by Bruce L. Elstein: Elstein & Elstein P.C., Bridgeport, for Marcos Siqueira, et al. Property: 29 Jesse Freitas, Luzia, Bridgeport. Filed Lee Drive, Easton. Action: to fore- by Karen J. Lucien: Hunt Leibert close on a mechanic’s lien dated Jacobson P.C., Hartford, for Bayview Loan Servicing L.L.C., Coral February 2012. Filed Aug. 22. Gables, Fla. Property: 270 Cleveland Ave., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $223,250 dated January 2007. Filed Aug. 27.

Latella, Marie, et al., Norwalk. Filed by Amy L. Harrison: Bendett & McHugh, Farmington, for Wells Fargo Bank N.A., Bloomington, Minn. Property: 198 1/2 W. Norwalk Road, Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $316,680 dated November 2005. Filed Aug. 23.

Moss, Omar S., Bridgeport. Filed by Loren M. Bisberg: Bendett & McHugh, Farmington, for Citimortgage Inc., O’Fallon, Mo. Property: 390 Charles St., Unit 116, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $152,000 dated August 2008. Filed Aug. 28.

Hargrave, Annette, Bridgeport. Filed by Amy L. Harrison: Bendett & McHugh, Farmington, for Wells Fargo Bank N.A., Bloomington, Minn. Property: 1056 Kossuth St., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $138,040 dated February 2005. Filed Aug. 27.

Lee, Julie, Bridgeport. Filed by Steven G. Berg: Frankel & Berg, Norwalk, for Seaside Village Homes Inc., Bridgeport. Property: 27 Forest Court, Apt. 144, Bridgeport. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 27.

Parker, Tammy, Bridgeport. Filed by Karen J. Lucien: Hunt Leibert Jacobson P.C., Hartford, for Bank of America N.A., Charlotte, N.C. Property: 45 Birdsey St., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $87,000 dated October 2005. Filed Aug. 23.

Giotis, Sharon Davis, et al., Wilton. Filed by Erik Loftus, Hartford, for CitiMortgage Inc., O’Fallon, Mo. Property: 162 Old Kings Highway, Wilton. Action: to foreclose a delinquent mortgage in the original principle amount of $526,311 dated August 2011. Filed Aug. 20.

Islam, Mohammed A., Bridgeport. Filed by Amy L. Harrison: Bendett & McHugh, Farmington, for U.S Bank N.A., Salt Lake City Utah. Property: 641-643 Iranistan Ave., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $280,000 dated March 2006. Filed Aug. 27.

Limone, William C., Norwalk. Filed by Amy L. Harrison: Bendett & McHugh, Farmington, for U.S Bank N.A., Salt Lake City, Utah. Property: 16 Pettom Road, Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $423,000 dated October 2005. Filed Aug. 23.

Gjini, Flamur, Stamford. Filed by Amanda Tiernan, West Warwick, R.I., for Deutsche Bank National Trust, Los Angeles, Calif., Property: 17 Renwick St., Unit E., Renwick Place Condominium, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $182,000 dated January 2007. Filed Aug. 22.

Johnson, Daryl D., Norwalk. Filed by William R.Dziedzic: Bendett & McHugh, Farmington, for JPMorgan Chase Bank N.A., Columbus, Ohio. Property: 16 Ave., Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $378,000 dated October 2007. Filed Aug. 23.

Littell, J. Paul, Norwalk. Filed by Amy L. Harrison: Bendett & McHugh, Farmington, for U.S Bank N.A., Salt Lake City, Utah. Property: 19 Seabreeze Place, Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $750,000 dated October 2005. Filed Aug. 23.

Gomez, Lucely, et al., Norwalk. Filed by Karen J. Lucien: Hunt, Leibert, Jacobson P.C., Hartford, for Deutsche Bank National Trust, Los Angeles, Calif. Property: 30 Emerson St., Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $488,000 dated March 2006. Filed Aug. 23.

Jusufi, Nevzat, et al., Danbury. Filed by Franklin G. Pilicy, Watertown, for Summit Park West Condominium, Danbury. Property: Park Avenue, Unit 204, Danbury. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 23.

Markeviciute, Ruta, et al., Bridgeport. Filed by Kevin Casini: Hunt, Leibert, Jacobson P.C., Hartford, for Green Tree Servicing L.L.C., Rapid City, S.D. Property: 27 Ameridge Drive, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $156,170 dated March 2005. Filed Aug. 27.

Kovach, Steven W., et al., Greenwich. Filed by Adrienne Roach, Hartford, for Citibank N.A., Sioux Falls, S.D. Property: 9 Lucy St., Greenwich. Action: to foreclose a delinquent mortgage in the original principle amount of $348,000 dated August 2006. Filed Aug. 23.

Mecca, James, et al., Bridgeport. Filed by Karen E. McArthur, Armonk, for HSBC Bank USA N.A., Buffalo, N.Y. Property: 179 Lousiana Ave., Unit C, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount, which was not disclosed dated May 2006. Filed Aug. 28.

Rezende, Roberto, et al., Bridgeport. Filed by Nicole M. Fitzgerald, Farmington, for HSBC Bank USA N.A., Buffalo, N.Y. Property: 239 Dogwood Drive, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $224,000 dated August 2006. Filed Aug. 27.

Lambo, David M., et al., Easton. Filed by Loren M. Bisberg: Bendett & McHugh, Farmington, for Wells Fargo Bank N.A., Bloomington, Minn. Property: 65 Blanchard Road, Easton. Action: to foreclose a delinquent mortgage in the original principle amount of $624,000 dated July 2006. Filed Aug. 24.

Montero, Anthony, Norwalk. Filed by Mario Arena: Hunt, Leibert, Jacobson P.C., Hartford, for Citimortgage Inc., O’Fallon, Mo. Property: 7 Blake St., Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $432,000 dated September 2004. Filed Aug. 23.

Rivera, David, et al., Bridgeport. Filed by Wiliam R. Dziedzic: Bendett & McHugh, Farmington for HSBC Bank USA N.A., Buffalo, N.Y. Property: 875 Thorne St., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $173,000 dated April 2006. Filed Aug. 27.

Gonzalez, Jose L., Norwalk. Filed by Loren M. Bisberg: Bendett & McHugh, Farmington, for Deutsche Bank National Trust, Los Angeles, Calif. Property: 131 Lexington Ave., Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $392,000 dated May 2006. Filed Aug. 23. Greco, Mark, co-administrator for the estate of John G. Greco, Norwalk. Filed by Jeffrey M. Knickerboxer, Hartford, for Wells Fargo Bank N.A., Bloomington, Minn. Property: 30 Fairview Ave., Unit 3, Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $152,625 dated March 2009. Filed Aug. 23.

28 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Pinilla, Eduardo, et al., Norwalk. Filed by Karen J. Lucien: Hunt, Leibert, Jacobson P.C., Hartford, for Wells Fargo Bank N.A., Bloomington, Minn. Property: 19 Isaac St., Unit 308, Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $247,100 dated March 2007. Filed Aug. 23. Quarles, Valerie et al., Bridgeport. Filed by Steven G. Berg, Norwalk, for Beechwood Square Condominium Association Inc., Westport. Property: 204 Beechwood Ave., Unit A, Bridgeport. Action: to foreclose on the unit to recover delinquent common charges due to the association. Filed Aug. 27. Ramirez, Javier, Norwalk. Filed by Erik Loftus, Hartford, for Flagstar Bank F.S.B., Troy Mich. Property: 16 Chester St., Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $344,000 dated December 2009. Filed Aug. 23.

on the record Rodriquez, Javier Alonso, Stamford. Filed by Brynne E. Nichols, Ackerly & Ward, Stamford, for First Fairlawn Condominium Inc., Stamford. Property: Unit 17 F-4, Stamford. Action: to foreclose a tax lien held by the plaintiff against real property. Filed Aug. 22.

Sanchez, Lilian Caro, et al., Norwalk. Filed by Ronald M. Bender, Hamden, for Linden Terrace Association Inc., Stamford. Property: 1 Linden St., Unit B16, Norwalk. Action: to foreclose on the unit to recover delinquent common charges due to the association. Filed Aug. 23.

Roofeh, Farhad, et al., Stamford. Filed by Wiliam R.Dziedzic, Farmington, for JPMorgan Chase Bank N.A., Columbus, Ohio. Property: 71 Strawberry Hill Ave., Apt. 807, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $150,000 dated June 2003. Filed Aug. 23.

Sandor, Lucy M., et al, Wilton. Filed by Mario Arena, Hartford, for Wells Fargo Bank N.A., Bloomington, Minn. Property: 251 New Canaan Road, Wilton. Action: to foreclose a delinquent mortgage in the original principle amount of $376,622 dated August 2010. Filed Aug. 22.

Rosado, Rodolfo, et al., Norwalk. Filed by Jeffrey M. Knickerboxer: Hunt, Leibert, Jacobson P.C., Hartford, for Wells Fargo Bank N.A., Bloomington, Minn. Property: 43 Noahs Lane, Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $352,000 dated January 2005. Filed Aug. 23. Ruggiero, Shawn, et al., Bridgeport. Filed by Steven G. Berg: Frankel & Berg, Norwalk, for Carriage Crossing Condominium Association, Middletown. Property: 33 Boston Terrace, Unit 22, Bridgeport. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 23. Russo, Judith J., Stamford. Filed by Adrienne Roach, Hartford, Bloomington, Minn. Property: 46 Square Acre Drive, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $350,000 dated June 2007. Filed Aug. 23. Samson, Euvrena S., Bridgeport. Filed by William R.Dziedzic: Bendett & McHugh, Farmington, for U.S Bank N.A., Salt Lake City, Utah. Property: 106 Yacht St., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $144,000 dated August 2005. Filed Aug. 27.

Santiago, Lizandro, Bridgeport. Filed by Steven G. Berg: Frankel & Berg, Norwalk, for Seaside Village Homes Inc., Bridgeport. Property: 87 Sims St., Unit 232, Bridgeport. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 23. Sealy, Reginald U., Stamford. Filed by William R. Dziedzic: Bendett & McHugh, Farmington, for JPMorgan Chase Bank N.A., Columbus, Ohio. Property: 146 Cold Spring Road, Unit 7, Stamford. Action: to foreclose a delinquent mortgage in the original principle amount of $412,000 dated October 2007 Filed Aug. 23. Sergiyenko, Volodymyr et al., Bridgeport. Filed by Robert N. Sensale: Bershtein, Volpe & McKeon P.C., New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 56-60 Whittier St., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug.22. Sheppard, Janet A., et al., Easton. Filed by William R. Dziedzic, Farmington, for JPMorgan Chase Bank N.A., Columbus, Ohio. Property: 36 Wedgewood Drive, Easton. Action: to foreclose a delinquent mortgage in the original principle amount of $338,956 dated Nov. 2007. Filed Aug. 24. Smith, Alice E., et al., Bridgeport. Filed by Karen J. Lucien, Hartford, for The Bank of New York Mellon, trustee, New York City. Property: 284 West Ave., Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $81,000 dated June 2007. Filed Aug. 27.

Smith, Wendy, Bridgeport. Filed by Jason E. Brooks: McCabe, Weisberg & Conway P.C., Stamford, for Flagstar Bank F.S.B., Troy Mich. Property: 51 Ridgevale Place, Bridgeport. Action: to foreclose a delinquent mortgage in the original principle amount of $231,800 dated September 2008. Filed Aug. 28.

Vann, Lemeul et al., Norwalk. Filed by Marylou Scofield: Bendett & McHugh, Farmington, for Deutsche Bank National Trust, trustee, Los Angeles, Calif. Property: 32 Circle Road, Norwalk. Action: to foreclose a delinquent mortgage in the original principle amount of $335,900 dated May 2007. Filed Aug. 23.

Sousa, Sergio M., Danbury. Filed by Franklin G. Pilicy, Watertown, for Summit Park West Condominium, Danbury. Property: Park Ave., Unit 211, Danbury. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 23.

Veronica Jackson Estate, et al., Stamford. Filed by Daniel M. McCabe for the city of Stamford. Property: 105 Orange St., Stamford. Action: to foreclose on the property to recover judgment and liens charged $4,643.65 dated June 2010. Filed Aug. 23.

St. Paul’s Pentecostal Church of God in Christ Inc., et al., Bridgeport. Filed by Walter M. Spader Jr., North Branford, for Tower Lien L.L.C., Jupiter, Fla. Property: 340 and 346-350 Connecticut Ave., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport dated June 2010. Filed Aug.28.

All In Promotion, 22 Leonard Dynamic Eagle Limousine, St., Norwalk 06854, c/o Brian 16 Bouton Street East, Unit 21, Stamford 06907, c/o Nazmi Arifi. Federici. Filed Aug. 24. Filed Aug. 23. Appraisal & Real Estate School, 76 Progress Drive, Suite 250, Edan Hill Enterprises, 36 KelStamford 06851, c/o Christopher logg Hill Road, Weston 06883, c/o Wayne Wyatt. Filed Aug. 28. L. Farris. Filed Aug. 16. Apulia, 191 Summer St., Stam- FEI MA Restaurant, 4565 Main ford 06901, c/o Giovanni Tenace. St., Suite 100, Bridgeport 06606, c/o Minghui Zhu. Filed Aug. 27. Filed Aug. 21. Badyogi Publishing, 251 New- Frank And T’s, 54 Wood Ave., town Turnpike, Weston 06883, c/o Bridgeport 06605, c/o Theresa E. Blalato. Filed Aug. 22. Steven Needham. Filed Aug. 10.

Beloved, 24 Dale Place, Stamford Greenwich Transport, 6 Indian 06901, c/o Karene A. Thames. Knoll Place, Greenwich 06831, Wandzel, Andrew et al., Stam- Filed Aug. 20. c/o Eric Freeburg. Filed Aug. 22. ford. Filed by Brynne E. Nichols, Ackerly & Ward, Stamford, for Marc Place Condominium Inc., Beloved Enterprises, 24 Dale Headliners Unisex Salon, 2988 Stamford. Property: 1400 Bed- Place, Stamford 06901, c/o Fairfield Ave., Bridgeport 06605, ford St., Unit 11, Stamford. Ac- Karene A. Thames. Filed Aug. 20. c/o Luis Martinez. Filed Aug. 28. tion: to foreclose a lien held by the Plaintiff against real property Caban Business Consulting, 81 House of Lily Gatch, 1011 Hope $4,644. Filed Aug. 22. Byran Road, Greenwich 06830, St., Suite E, Second floor, Stamc/o Steffane Caban. Filed Aug. 24. ford 06902, c/o Nicole Lingad. Filed Aug. 13.

Mortgages

Surace, Tommaso, Bridgeport. Filed by Robert N. Sensale: Bershtein, Volpe & McKeon P.C., New Haven, for Plymouth Park Tax Services L.L.C., Whippany, N.J. Property: 113 Lee Ave., Bridgeport. Action: to foreclose the tax liens levied by the city of Bridgeport. Filed Aug. 22.

Cake Dreams by Deb, 1340 Washington Blvd., Apt. 225, Iserve Residential Lending O & G Industries Inc., Tor- Stamford 06902, c/o Debra Bion- L.L.C., 1010 Washington Blvd., rington, by Anthony J. Buzzanca, dolillo. Filed Aug. 21. Sixth floor, Stamford 06902, c/o Bridgeport. Property: 38 Gurdon Douglas M. Wilson. Filed AuSt., Bridgeport. Amount: $90,000. gust 21. CF Accounting Services, 494 Filed Aug. 22. Glenbrook Road, No. 4, Stamford 06902, c/o Carlos Fallaque. Filed Joel’s Paint Protection, 79 N. Water St., Geeenwich 06830, c/o New businesses Aug. 17. Joel Valverde Jara. Filed Aug. 22.

Taveras, Migdalia et al., Bridgeport. Filed by John J. Ribas, Bridgeport, for the Water Pollution Control Authority for the city of Bridgeport. Property: 796798 William St., Bridgeport. Action: to foreclose sewer use charges against this unit. Filed Aug. 27.

360 Training, 56 Willowbrook Christian Couture, 27 Silver Ave., Stamford 06902, c/o Chad St., Stamford 06902, c/o Jason E. Jonathan Rios L.M.T., 96 McGarrett. Filed Aug. 22. Mullen Ave., Greenwich 06902, Smith. Filed Aug. 24. c/o Jonathan Rios. Filed Aug. 23.

Thompson, Sylvia, Bridgeport. Filed by Steven G. Berg: Frankel & Berg, Norwalk, for Carriage Crossing Condominium Association, Middletown. Property: 33 Boston Terrace, Unit 18, Bridgeport. Action: to foreclose on the unit to recover delinquent common charges due the association. Filed Aug. 27. Uhry, Alfred F., Weston. Filed by Adrienne Roach, Hartford, for Wells Fargo Bank N.A., Basking Ridge, N.J. Property: 11 Ledgewood Drive, Weston. Action: to foreclose a delinquent mortgage in the original principle amount of $320,000 dated July 2003. Filed Aug. 23.

Aaron’s, 4016 Main St., Bridge- Cousin Tax Service, 920 Mapleport 06606, c/o SEI CT 1 L.L.C. wood Ave., Bridgeport 06605, c/o Filed Aug. 22. Shondia Hall, Desene Clark Wilson and Brandesha Clark Wilson. Filed Aug. 28. After Midnight, 4 Eighth St., Stamford 06902, c/o Gregg Layman. Filed Aug. 14. C. W. Wright Inc., P.O. Box 727, Westport 06881, c/o Caleb L. Wright II. Filed Aug. 16 AKWE, 182 Ludlow St., Stamford 06902, c/o Unity Red L.L.C. Filed Aug.t 20. DASCO, 43 Homestead Ave., Stamford 06902, c/o Robert Schwarzenbek. Filed Aug. 15. Aldana Tutoring, 27 Depinedo Ave., Stamford 06902, c/o Carla Aldana. Filed Aug.t 13. Doneit Realty Group, 42 Glen Terrace, Stamford 06906, c/o Fred Doneit. Filed Aug. 14. Allen Edmonds, 69 Main St., Westport 06880, c/o Jay P. Schauer. Filed Aug. 20

K & M Appliance Delivery Service, 516 Hope St., Stamford 06906, c/o Kenneth Montas. Filed Aug. 14. K.C.V. Home Improvement, 46 Emma Road Stamford 06905, c/o Luis Vera. Filed Aug. 15. Kelley Master Management Services. 40 Liberty St., Stamford 06902, c/o William C. Kelley Jr. Filed Aug. 22. Latin Quarters North, 241 Main St., Danbury 06810, c/o Alonzo Vargas. Filed Aug. 23. Lean Coach, 68 Good Hill Road, Weston 06883, c/o Melaina Marion. Filed July 31.

on the record Nosh Artful Dining & Events, 1074 Stillwater Road, Stamford 06902, c/o Tara Hunter, Dominique Moore, Erin Hawkins and Nikita Johnson. Filed Aug. 22.

TOS African Hairbraidind, 3841 Main St., Bridgeport 06606, c/o Loveth O. O’Gunbiyi. Filed Aug. 27.

Magnetic Soul, 24 Dale Place, Stamford 06906, c/o Karene A. Nosh Artful Dining and Events, 25 Adams Ave., Unit 113, StamThames. Filed Aug. 20. ford 06902, c/o Dominique Moore, Nikita Johnson and Tara Magnetiksoul, 24 Dale Place, Hunter. Filed Aug. 22. Stamford 06906, c/o Karene A. Thames. Filed Aug. 20. Osadia Grocery, 2434 Main St., Bridgeport 06606, c/o Hector Mel’s Health Shop, 1103 Ship- Chavez. Filed Aug. 27. pan Ave., Stamford 06902 c/o, Melita Marchese. Filed Aug. 16. Rose The Best In Town, 39 Ives Court, Second floor, Bridgeport Metropolitan Marine Con- 06606, c/o Rosemary Garcia. sultants CT, 2A Wheeler Drive, Filed Aug. 27. Danbury 06811, c/o Richard C.K. Curtin. Filed Aug. 27. Southern Connecticut Carpet Cleaning, 134 Wilson St., National Asset Direct Inc., 1010 Bridgeport 06605, c/o Jim Hatton Washington Blvd., Sixth floor, Jr. Filed Aug. 27. Stamford 06902, c/o Louis A. Amaya. Filed Aug. 21. Swag But Don’t Sag, 27 Silver St., Stamford 06902, c/o Jason E. National Business Consulting, Smith. Filed Aug. 24. 17 Old Shelter Rock Road, Danbury 06810, c/o Michael Lambert & Mohamed Ghounem. Filed Three Lovelies, 131 Fairfield Ave., Westport 06880, c/o WhitAug. 23. ney M. Cobb. Filed Aug. 21

Two Brothers Catering, 154 Main St., Bridgeport 06604, c/o Bryan Blackwell and Travon Jones. Filed Aug. 23.

Madison Avenue Beauty L.L.C., 345 Hycliff Terrace, Stamford 06902, c/o George T. Eliades. Filed Aug. 13.

Unique Senior Assistance, 80 Virgil St., No. 6, Stamford 06907, c/o Marika Zakariashvili. Filed Aug. 24. Visiting Angels, 1266 E. Main St., Suite 200, Stamford 06902, c/o Parent Care L.L.C. Filed Aug. 21. Wholesum Notions, 1633 Washington Blvd., Unit 4C, Stamford 06902, c/o Kathleen Wagner. Filed Aug. 14.

Quit Claim Deeds Lucrevest L.L.C., West Harrison, N.Y. Deutsche Bank National Trust, Los Angeles, Calif. 6 Spring St., Danbury. $135,000. Filed Aug. 23.

Continuous feed printer. Patent no. D666,666 issued to Donald A. Brown, Honeoye Falls, N.Y.; William T. Clark III, Pittsford, N.Y.; and Stephen F. Skrainar, Penfield, N.Y. Assigned to Xerox Corp., REO Properties Two L.P., San Norwalk. Diego, Calif. TD Bank N.A., Portland, Maine. 25 Cartright photoSt., Bridgeport. $29,401.12. Filed Glossmark-enabled product composition station. Aug. 28. Patent no. 8,259,361 issued to Javier A. Morales, Rochester, N.Y.; REO Properties Two L.P., San and Michael E. Farrell, Webster, Diego, Calif. TD Bank N.A., Port- N.Y. Assigned to Xerox Corp., land, Maine. 660 W. Jackson Ave., Norwalk. Bridgeport. $111,635.42. Filed Aug. 23 Hyper nanocomposites (HNC) for fuser materials. Patent no. 8,260,184 issued to David J. Patents Gervasi, Pittsford, N.Y.; Santokh Badesha, Pittsford, N.Y.; and Alan Charge generation layer doped R. Kuntz, Webster, N.Y. Assigned with dihalogen ether. Patent to Xerox Corp., Norwalk. no. 8,258,503 issued to Brian P. Gilmartin, Williamsville, N.Y.; and Liang-bih Lin, Rochester, Job-specific print-defect manN.Y. Assigned to Xerox Corp., agement. Patent no. 8,259,350 issued to Wencheng Wu, WebNorwalk. ster, N.Y.; Edul N. Dalal, Webster, N.Y.; and D. Rene Rasmussen, Color characterization or cali- Pittsford, N.Y. Assigned to Xerox bration targets with noise-de- Corp., Norwalk. pendent patch size or number. Patent no. 8,259,369 issued to R. Victor Klassen, Webster, N.Y. As- Micro-tip array as a charging signed to Xerox Corp., Norwalk. device, including a system of interconnected air-flow channels. Patent no. 8,260,174 issued to Fa-Gung Fan, Fairport, N.Y.; and Nancy Jia, Webster, N.Y. Assigned to Xerox Corp., Norwalk. Park & Vine Associates L.L.C., Trumbull. city of Bridgeport.1208 Park Ave., Bridgeport. $2,500. Filed Aug. 28.

stay in

black the

during these challenging times

with information from the Fairfield County Business Journal, the Westchester County Business Journal and HV Biz. Call (914) 694-3600 now for your three-month FREE subscription. (New subscribers only.)

30 Week of September 10, 2012 • Fairfield County Business Journal a division of Westfair Communications, Inc. • www.westfaironline.com

Multitier pricing of individual products based on volume discounts. Patent no. 8,260,670 issued to Jay S. Walker, Ridgefield; Andrew S. Van Luchene, Norwalk; Magdalena Mik, Greenwich; and Daniel E. Tedesco, New Canaan. Assigned to Walker Digital L.L.C., Stamford. Optimizing video stream processing. Patent no. 8,259,175 issued to Russell Bobbitt, Pleasantvile, N.Y.; Quanfu Fan, Somerville, Mass.; Sachiko Miyazawa, Bronx, N.Y.; Sharathchandra Pankanti, Darien; and Yun Zhai, Mount Kisco, N.Y. Assigned to International Business Machines Corp., Armonk, N.Y. Unified systems and methods for controlling use and operation of a family of different treatment devices. Patent no. 8,257,346 issued to Jay Qin, Fremont, Calif.; Robin Bek, Campbell, Calif.; John Gaiser, Mountain View, Calif.; Rachel Croft, San Francisco, Calif.; Peter Muller, Los Gatos, Calif.; and David S. Utley, Redwood City, Calif. Assigned to Mederi Therapeutics Inc., Greenwich.

Business ConneCtions ElEction 2012

InsIde the CapItol

Q-Poll Sends Warning to General Assembly Candidates

he results of the latest Quinnipiac University Poll should make incumbent state legislators seeking re-election this fall and their challengers sit up and take notice. For starters, Connecticut voters are not enamoured with the direction the state is taking. When asked if they were satisfied with the way things were going in Connecticut today, more than half (59%) responded negatively. Just 40 percent said they were satisfied.

Independent voters were again more dissatisfied than the average, with 55% disapproving of the legislature’s performance. And two-thirds of Republicans disapproved of the General Assembly, while almost half (49%) of Democrats approved. (Democrats hold a 99-52 majority in the House and a 22-14 majority in the Senate.)

Those numbers were basically unchanged from April this year, when the Q-Poll asked the same question.

27%

And independent voters—the largest proportion of Connecticut’s registered voting population—were more dissatisfied than the average, with almost two-thirds (64%) expressing a negative opinion.

Are Voters Satisfied with Connecticut? Source: Quinnipiac University Poll

32%

Male voters were slightly more likely to be upset with things than women (61% to 58%). Younger voters (those aged 18-34) were less pessimistic than older voters (49% to 60%). When asked whether they approved of the way the state legislature was handling its job, exactly half said they disapproved. Just a third of voters approved, while 17% had no opinion.

Somewhat satisfied Somewhat dissatisfied Very dissatisfied Don’t know

In contrast, 62% of Democrats said they were satisfied, while 78% of Republican voters were somewhat or very dissatisfied. That general negativity holds up across income groups, with 60% of those in households earning less than $30,000 expressing dissatisfaction, compared with 58% in the $30-$50,000 bracket; 50% in the $50-$100,000 bracket; and 58% of those who earn more than $100,000.

Very satisfied

Not There Yet

elf-billed as “The Location Advisor,” Business Facilities magazine every year sizes up how the 50 states are doing on a wide range of factors, from business climate to jobs, education, labor costs and transportation. However, the magazine’s 2012 Rankings Report pretty much limits itself to top-10 (or top-5) lists—providing no wider picture of where all the states place in each category, or how they compare year-to-year. That’s a disappointment, because here’s the problem: Connecticut doesn’t show up on most of the magazine’s nearly fifty top-10 lists. Exceptions include the top-10 rankings for per capita income, education climate and aerospace/defense industry leaders—some of our state’s natural and longstanding strengths. We also shine (#3) in the workforce health and safety ranking—something that state lawmakers should note.

With the presidential election, all five U.S. House seats, and the battle to fill Senator Joe Lieberman’s seat in the U.S. Senate, General Assembly candidates can expect a high voter turnout this fall. Almost a third of voters (32%) said they were more enthusiastic about voting this fall, while 21% said they were less enthusiastic. Republicans were more energized than Democrats (45% to 25%), while 29% of independents expressed greater enthusiasm about voting in this election. ➤ Read more at gov.cbia.com

But wouldn’t it be great to be in the national top-10 for such categories as “jobs growth leaders,” “biotechnology strength: employment leaders” and “economic growth potential”—especially because that’s where the state lately has been focusing efforts? But we’re not. How about being in the top-10 for “most business startups” or “best business tax climate”? Not this year. The bottom line is, we’re not there yet. ➤ Read more at gov.cbia.com

EvEnts

Preparing Your Family Business for the Upsurge in U.S. Industry Prepare your family business for tomorrow. Over the last few decades, American companies have been moving their operations to Asia and elsewhere overseas at an alarming pace. If you’re thinking about following or responding to this trend, join us to hear from an expert who advises against making such a long-term investment. Find out why Ken Gronbach—a demographer, futurist, and generational marketing expert with an amazing track

record of predicting economic trends— predicts the U.S. will resume its role as the world’s industrial leader. Date

Wednesday, Sept. 19, 2012

Time

5:430–9:30 pm

Scan & register!

CBIA’s Family Business Program Sponsors:

Place Grassy Hill Country Club, 441 Clark La., Orange Cost CBIA members, $75 first registration; $37.50 each additional. Non-members, $85 first registration; $42.50 each additional.

FAIRFIELD COUNTY BUSINESS JOURNAL • Week of September 10, 2012 31

ARE YOUR EVENTS HO HUM? THEN GET OUT OF THE BOX. THE BUSINESS JOURNALS and WAG magazine have planned a unique presentation for you at their Roundtable Conversation series program. You’ll be jumping out of the box with new ideas and resources, which can bring excitement and revitalized interest in your business and fundraising events.

SEPTEMBER

11:30 AM THE MANSION

Renaissance Westchester Hotel 80 West Red Oak Lane West Harrison, NY

PANEL JOE GUILDERSON President, Corporate Audio Visual Services JILL PRINCE President, Hal Prince Music and Entertainment ZOILO RUIZ President, Industrial Rhythm L.L.C. MIMI KLEIN STERNLICHT Creative Director, The Loading Dock

SPONSORS AND PARTICIPANTS

MODERATOR ELIZABETH BRACKEN-THOMPSON Partner at Thompson & Bender Register now. Space is limited. Email Beverly Visosky at bvisosky@westfairinc.com or go to westfaironline.com

Biz

WCBJ ®

INSIDE

WESTCHESTER COUNTY

BUSINESS JOURNAL

magazine