WEEK IN REVIEW - South Florida Business Journal:

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Based in Buenos Airesx and Miami, main Claxson (Pink XSONF) shareholders are the and funds associatexwith . Once the deal Claxson would maintain its interests in Playboy TV Latin DigitalLatin America, DMX and Musicd Latin America, as well as a broadcast radiop business in Chile and a broadband and Internet UM to pay $2.2M settlemenf The is to pay $2.2 million in a settlement over physiciajn services at , its teaching hospital. The civil settlement stems from an investigation and audit in which the Departmenrt of Health and Human Servicews found UM submitted improper claimz to Medicare Part B for servicese to hospital inpatients betweenJune 1, 1995, and May 31, 1996.
Additionap claims reviewed related to servicez in 1997through 1999. The auditf found UM failed to provide sufficient documentation forsome claims. Otherss were improperly coded orimproperlgy billed. Further, the government said, from June 1, 1995, to Dec. 31, UM submitted claims for critical care service in situations where patients were notcriticallt ill, where critical care services were not rendered or wherew critical care services were insufficiently documented. American Eaglse is to offer its firstg direct route from Miamito Mexico. The plan is to star once-daily nonstop roundtrips betweeh and onMarch 2.
has assigned an auto insurer based inCoral Gables, an initial "B++" rating and "stable" outlook for 2007. The Fitcu financial ratings agency has assigneda "BBB-" long-termk issuer default rating and an "F3" short-term issuerd rating to Fitch also affirmed the ratings of the Coraol Gables-based bank's main subsidiary, Commercebank, N.A. The ratinvg outlook remains stable. Pure, a nightclub on the Las Vegads strip, is headed to Miami said it will bring Pure Nightclubh to the onceits $500 millionn renovation is complete in 2008. said it will buy a compan y to allow its software tohave real-time access to theirt desktops, servers and other items.
The Fort Lauderdale-based remoter access software firm did not say how much it will pay for a privately held firm basedin Waltham, Citrix (NASDAQ: CTXS) did say the 100-person company's real-time technologyu will help it deliver more agiler information technology, better security and reliabilitg and new options for how businesse s deliver applications and desktops over theif networks. said it has settled litigation broughft by of America andthe . The allegations againstr the Cooper City-based financial service firm serving commercial fleet operators were breach of fiduciarg duty and breachof contract. More than $1 millionn in damages were sought.
In the settlement, Coacg (OTCBB: CIGI) paid TGIA and NAIT $400,000 on Dec. 12. Plantation-basedd said it has become the exclusive shipping servicee for customers at the NBC Experience Storein Manhattan. The new DHL Shippingg Spot at the store hasa self-service countedr and a touch-screen interface to pack, label and ship a DHL package. DHL said it providexs the packing materials and customers may use the servicde whether or not they made a purchases at theNBC store. Bruce Rossmeyer, CEO of 14 locations, has openec his 14th Harley-Davidson, this time in The 65,000-square-foot facility is at 201 Internationakl Parkway. The company has other stores in Fort Lauderdale andPompanoi Beach.
The United States Indooer Soccer Association said it has allied withFort Lauderdale-based LLC, a professional employer organization. O2HR is to providee members of Arlington, Va.-baserd with services for payroll payroll tax, human resource consulting, employeew benefits, risk and safeth management, workers compensation and employer's liability insurance. Plantation-basedd said it will open a 114,000-square-foot contact centerf in Huntington, W. Va. The outsourceds customer management firm said it plans to bring 700 new jobs to the In an expansion inFort Reynolds, Smith and Hills, a facilities and infrastructurd consulting firm, has moved to the , at 3125 W. Commercial Blvd.
, Suite 130. The firm said the move doublee its sizeto 9,394 square feet. RS&H said it expects the officre to employ34 associates, including engineers, architects, planners and support staff by mid 2007. The phonw number is (954) 474-3005. Fort Lauderdale-based (NASDAQ: FUEL) is to changw its name to , and move its incorporatiom to Delawarefrom Florida. Both were approved at its annual meeting, subject to final approval from the company's primary lender and seniore secured debtholders. Dr. Arnold "Bud" Tanisw is to celebrate his 50th year carin g forSouth Florida's infants, children and adolescentsa on Jan. 16, 2007.
The Hollywood city commission is to recognizew the pediatrician atits Jan. 17 Tanis indicated he has no planwsto retire. Yatai Town Homes, planned for the Victoriaq Park neighborhood of east Fort has opened a temporary sales paviliomn in the Coldwell Banker kiosko at theGalleria Mall. The 33 town homes are to have upto 2,500o square feet of living space in a three-bedroom and three-and-a-half bath plan. Prices start at said it is organizinga humanitarian, educational and information exchangs mission to Cuba in June. Organizers indicater business interests will remainb dormant under the currentCuban government.
The group said its trip, co-sponsoredd by the , is designed to identifh and assist the humanitarian needs of theCuban people. Plannexd information exchangesinclude agriculture, ranchinf and food processing, water purification, irrigation and related transportation, medicine and life sciences. WTC Palm Beacjh is working with the World Trade Center in Havana to organizethe 30-persomn trip. Juno Beach-based , LLC, said its Lone Star Wind, LLC, subsidiarg has closed on a $700 million crediy facility: a $600 million 15-year variablde rate term loan anda $100 millionm 10-year letter of credit facility.
Loan proceedds are to go toward repaying a portiob of the investment the company made in buying and/or constructing three wind power projects in western Texasz totaling 606.5 megawatts of capacity. (NYSE: GEO) said it has signefd contracts to manage and operate 123 forensicd mental health beds in Soutj Florida for the state Department of Childrenand Families. The Boca Raton-based correctional and detention firm saidthe five-yeare agreement starts March 1 and has a five-yearr renewal option period. Two eateries, Hole-N-Hearty and Phat Sandwiches and plus two apparel andfootwear boutiques, East Coast Boardrooj and Sole Estate, have opened in West Palm Beach's Clematisw District.
Also, Roxy's Pub, the Clematis Street landmar that first opened its doordsin 1932, is to re-open in Januaryg under new ownership. Sticky Web (Pink SIKY) has changed its name to (Pink Sheets: The Boca Raton-based Internet and software firm has changer its name to the branfd it has usedsince 1997. Laurie E. has opened , a public relations, special events and marketinh firm at 6131Lyons Road, Suitr 200, in Coconut Creek. The phone number is 415-9126. Zuckerman is president of the She was formerly managingh director forFort Lauderdale-based .