through its unit Alibaba International Digital Commerce Group (AIDC)
has acquired a minority stake in Vietnamese beauty retailer Hasaki
Hasaki is a leading Vietnamese beauty retailer headquartered in Ho Chi Minh City
The chain currently operates more than 140 stores and clinics across Vietnam
The company runs a unique shop-spa-warehouse store model with retail on the ground floor
a skincare clinic and spa services on the upper floor
and a mini-distribution center servicing online orders
Hasaki is highly tech-focused and operates an online retail platform
and store-in-store on an e-commerce marketplace
Hasaki is one of Vietnam’s leading e-commerce platforms focused on the cosmetics sector
Alibaba International Digital Commerce Group is a business unit spun off from Alibaba Group following corporate restructuring in March this year
AIDC manages Alibaba.com and owns several international retail businesses
WHY: Hasaki aims to capture at least 35% of local market share by 2027
The Vietnamese market is valued at $2.2 billion and witnessing an annual growth rate of 7%
This sector is undergoing a transformation
with modern retailers replacing traditional individual sellers and small stores
IN THEIR OWN WORDS: "We are thrilled to welcome Alibaba International as a financial investor
this transaction is a testament to the Hasaki team's capability and business model," said Hiep Dinh
we believe that international markets will offer significant growth potential
we will intensify our investments in high-potential markets within selected regions and capitalise on highly probable opportunities,” a representative from Alibaba said
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uses a brush to apply red clay onto a vase modeled after an ancient southern Italian vessel
who is one of only a few artists today who practice the ancient style called red-figure vase painting
visited campus in April to demonstrate the craft for UArizona students
about a dozen University of Arizona classics and anthropology students gathered under the eucalyptus trees in the Women's Plaza of Honor to watch an artist at work
Using a series of fine-bristled brushes dipped in wet clay
Roberto Paolini – an artist from Cerveteri
a famous ancient town north of Rome – traced over graphite drawings on a vase modeled after an ancient southern Italian vessel
made of rabbit whiskers and dipped in wet clay
over graphite drawings of the figures on the vase
Paolini led the long bristles of his brush
just a few millimeters wide and made of rabbit whiskers
Students craned their necks to see the images of people dressed in robes taking shape
Paolini's painting style – called red-figure vase painting – is thousands of years old
was a common pottery decorating method used by artisans in Greece and in southern Italy between the sixth and third centuries B.C
Paolini is one of only four or five artists
He started selling his work when people would stop by his studio asking to meet the artist
By coming to campus and demonstrating his work
Paolini brought to life the ancient Greek and southern Italian pottery and iconography that classics and anthropology students had spent the semester studying
"You cannot teach a craft with only pictures," said Eleni Hasaki
a UArizona professor of anthropology and classics and a Mediterranean archaeologist who studies ancient craftsmanship
"You have to see what we call the energetics of the craft
Paolini's visit was part of an international research project called A.G.A.T.H.O.C.L.E.S., a partnership between UArizona and the University of Turin in Italy that seeks to better understand the craftsmanship of ancient potters in southern Italy and Greece. Marco Serino
an assistant professor at the University of Turin and an expert on southern Italian vase-painting
Hasaki serves as the project's supervisor in the U.S
stands for The Archaeology of Gesture: Apprenticeship
Learning Experience and Social Network Analysis
Agathocles was also the first tyrant of Syracuse
The three-year project is funded by a grant from Marie Sklodowska-Curie Actions
a funding program by the European Union for doctoral students and postdoctoral researchers
we're attracting students not only for the ancient resources we have
but also the interdisciplinary expertise that can be applied to ancient contexts," said Hasaki
who also holds appointments in the School of Anthropology and the Department of Religious Studies and Classics
"No matter how you want to approach antiquities research
Hasaki has spent her career studying the workspaces
techniques and industry of ancient artisans
Her research often overlaps three key areas: antiquity
or ancient objects; artists today who use and replicate ancient techniques
such as Paolini and a core group of vase-painters from Greece; and digital humanities
which uses digital tools to better understand topics in the humanities
Hasaki once built a replica of an ancient Greek kiln in Tucson for firing ceramics, which she uses for research and in her classes. With colleagues in the School of Geography, Development and Environment, she helped create an online map and database of ancient kiln sites in Greece
A more recent project Hasaki helped lead involved taking existing databases of information about painters and potters in ancient Athens and
creating a map to visualize the artists' relationships to one another – a process called social network analysis – to better understand the ceramics industry more broadly
Along with professors David Killick and Daniela Triadan, Hasaki co-directs the School of Anthropology's Laboratory for Traditional Technology
Complete with a ceramics studio and equipment that can process metal samples
the lab allows students and researchers to recreate ancient pottery-making techniques to test hypotheses and answer questions about the processes artisans used centuries ago
The practice is called experimental archaeology
"It's reverse engineering a process while acknowledging that you're only coming up with one possible explanation
not the final answer – but it's better than knowing nothing," Hasaki said
with Hasaki and Paolini during Paolini's demonstration with students in April
many of Hasaki's undergraduate students created pots in the lab while documenting the process
are valuable for understanding the technological processes of ancient materials
"They understand much better when they go through a process
they learn patience and perseverance," she said
"It enhances their appreciation for the course material
and I think it will stay with them for life when they go to museums
After reading several of Hasaki's papers about ancient artisan workspaces and social network analysis
Serino thought she would be a valuable collaborator on the A.G.A.T.H.O.C.L.E.S
"I thought that my project would fit very well with her expertise
and then I realized that the University of Arizona had the facilities to do experimental archaeology and to do research to social network analysis," Serino said
"All of this fit very well with some parts of my project
an honors student majoring in anthropology
was originally nervous to take Pottery Craft and Society in Ancient Greece
a course Hasaki teaches mostly to graduate students
But Hasaki's teaching style – blending lectures with opportunities for students to work hands-on with ceramic replicas of ancient vessels and to use digital tools to visualize the materials – made the class more accessible than Moore had expected
Students spent significant time in Hasaki's lab
some of them creating their own pottery projects with the help of Tucson ceramic artist Cynthia Jones
By keeping students so immersed in the pottery-making process
Hasaki and the course "rehumanized the past."
"A lot of people look at the object and don't think about where it came from," Moore said
"Eleni really rooted the human element: 'Who exactly were crafting these objects that we would find and what were their lives like?'"
Moore was among the students who gathered around Paolini at the Women's Plaza during his demonstration in April
Watching an artist replicate the movements and techniques of ancient potters
further emphasized the human element behind the inanimate objects the class had spent the semester studying
it's easy to forget about what goes into the material items most people use every day
"Thinking about the ancient world is in sharp contrast to that because it's all person labor," Moore said
"There is a human or multiple people who worked on this one object so that it can be used."
Moore will complete archaeological field school in Ferns
studying the ruins of a 12th-century monastery
will help rehumanize the past in Ireland and any future archaeological experiences
"It's really valuable to teach students how to critically look at old datasets and create new meaning from them
"It's about teaching new skills that feed into inspiring students
to ask new questions about the past and the impact they're going to have for future research."
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we saw a variety of posters featuring work from around the world
Annual Meeting participants were treated to an incredible array of diverse research presented in a visual format
Three Poster Awards are given out during the Poster Award Sessions: the Best Poster Award, First Runner-Up, and the Student Poster Award.
We asked the winner of this year’s First Runner-Up Poster Award winners a few questions about themselves and their project:
First Runner-Up Poster Award Recipient: Jennifer S
“Nikosthenes’ Networks of Production and Trade”
The name “Nikosthenes” represents an individual artist and entrepreneur in late archaic Athens
as well as an artist collective and a brand
The Nikosthenes workshop is a vase-making enterprise
a leading innovator in shapes and painting techniques
and a savvy brand maker for its overseas trade to Etruria though strategic use of signatures and trademarks
With a total of 351 signed and attributed vases
13 shapes including its hallmark Nikosthenic amphora
the Nikosthenic workshop constitutes one of the most interesting test cases to study communities of practice in the Athenian Kerameikos and communities of traders and consumers in Etruria
The 149 surviving Nikosthenic signatures account for nearly 25 percent of all extant epoiesen signatures in black-figure
A total of 31 trademarked Nikosthenic products
Products of the Nikosthenic workshop comprise one of the largest and most focused surviving sets of trademarks known for a particular Attic workshop
when coupled with those of related workshops and individuals
provide two of the best examples of dedicated trademarking of a specific style of pots by a specific workshop
Through network visualizations of these related datasets
we can reassess the workshop’s centrality and recapture its importance in the dynamic landscapes
With this more comprehensive and integrated approach to the Nikosthenic brand we highlight the potential of the Nikosthenic workshop
often underrecognized in modern scholarship
How long have you been a member of the AIA?
CS: I have been an AIA member since 2020.
EH: I think since the mid 90s as a graduate student at the University of Cincinnati
I still remember with awe when I attended my first AIA meeting and I read the name tags of some giants in our field whose works are the cornerstones of Classical archaeology
I have been a proud member of the AIA Tucson Society (aiatucson.arizona.edu)
I encourage everyone to join their local society and contribute time and resources to its success.
How many Annual Meetings have you attended (in-person or virtually).
JT: Attended at least 10 AIA meetings
CS: I believe I have attended four meetings
In my first poster in 1999 in Dallas I presented my doctoral research on ceramic kilns in ancient Greece
In almost half of all my meetings I have participated with a poster
I have collaborated with colleagues and with graduate and undergraduate students
An earlier poster entitled “Bronze Age Terracotta Statues of Ayia Irini
Kea: An Experimental Reconstruction and Technical Examination” coauthored with then Honors student Rachel DeLozier won the Best Poster Award in 2015
How did you first come to this project/topic?
JT: This project is based in part on my dissertation
but I met Eleni Hasaki at her AIA talk in 2020 on using social network theory in Greek vase-painting studies in DC and we thought a collaborating would be interesting
And Cole’s expertise in trademarks made it the perfect collaboration
Next step is to drill the data down even more to show how Nikosthenes’ workshop was a major center for innovation that spurred many successful artists.
CS: I came to this topic at the invitation of Eleni and Jennifer
as I had done some network research relating to trademarks for my Master’s thesis which Eleni supervised
EH: After our brief encounter at an AIA session I co-organized in 2020 Jennifer
reached out to me again to explore a collaboration
As Cole had just completed his MA thesis on trademarks on Athenian pottery under my supervision at the University of Arizona
and with my continued interest in potters’ communities in ancient Greece
it was the perfect timing to join our individual areas of expertise to address the Nikosthenic workshop that is such an outlier in the Athenian Kerameikos
What is one cool fact or interesting result from this project that didn’t make it onto the final poster?
CS: Many more network diagrams were created to model the data that unfortunately didn’t make the cut for the poster
But it was interesting to see that when the full dataset of trademarked Attic figured pottery from various workshops was charted out
that Nikosthenes and those close to their workshop still stood out immediately for the nature of the trademarking practices
Models were also complete relating to the shapes of vessels and Nikosthenes again stood out.
and trademarks would have highlighted the combined strength of distinct types of evidence.
What is your advice to students/new authors who are preparing posters for upcoming conferences?
JT: My advice to poster authors would be to start early
🙂 And definitely collaborate with other colleagues if you can
It’s much more educational to have multiple minds and perspectives at work on a project.
CS: Advice I would give to anyone preparing posters for upcoming conferences is that if you are not enjoying your poster neither are your viewers.
EH: A poster is a great way for a finishing PhD student to participate in their first AIA meeting as a presenter
The poster session does not compete with other sessions in terms of scheduling
and the visitors have more time to interact with the presenter than in a standard open session oral presentation
one can exhibit their poster at their institution to highlight academic research and/or bring it to community outreach events.
Eleni Hasaki’s tips for prospective Poster Session participants]:
Include numbers in your sections so that the reader can follow your argument
Identify ahead of time a place (even on your campus) where you can print your poster and turnaround time
Ask them to print first a small version of your poster for you to identify any problems you cannot spot on the computer screen.Have a few A4 copies of your poster with you to give out to visitors who may want to reach out to you after the meetings
Congratulations to all of our Poster Award winners this year
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In the context of ongoing discussions about climate change
the focus on beach resilience has gained significant attention in contemporary studies
a comprehensive understanding of beach resilience
This study utilizes a dataset of 104 storm events in Hasaki beach
The study considers four types of distinct beach profile patterns based on sandbar formations
Employing XGBoost and the SHAP explanation method
the influence of morphometric indicators on beach resilience were explored
Resilient beach profiles are anticipated to exhibit rapid recovery following erosional storm events
The results reveal that morphometrics play a crucial role in determining the short-term
with specific morphometric features demonstrating pronounced effects based on profile patterns
The study contributes to the current knowledge of post-storm beach recovery and provides insights that could inform discussions on beach resilience
and offshore areas play a crucial role in nearshore sediment balance
acting as key factors in the long-term recovery process
including mining and disruptions to sediment supply in fluvial networks
play a crucial role in shaping beach evolvements
become essential to sustain the beach system when natural recovery rates are insufficient
ultimately safeguarding its coastal system
Although numerous studies have delved into the cyclic behavior of beach systems across different time scales
the primary focus has been on seasonal and annual time scales
the influence of coastal storm events brings about substantial changes in surf zone morphology
where \(H_0\) and \(L_0\) are deep-water wave height and length
Positive values resulting from this calculation indicate erosion
While negative values show beach accretionary conditions
Given the limited discussions on the influence of morphometric variables in beach recovery
the present study aims to fill this gap by setting quantitative objectives and employing innovative ML-driven tools for measurement of the role of morphometrics on recovery
while the presence of sandbars significantly shapes beach profiles during recovery
we examine the resilient behavior of four types of distinct profile patterns based on sandbar formations
a consideration often overlooked in prior studies
By incorporating sandbar formations into our beach resilient discussions
we expect to strengthen the present understanding of the role of beach morphology in its recovery
(a) Location of the Hasaki Oceanographic Research Station (HORS) in the Ibaraki prefecture
(b) Beach profile immediately after a storm event and after a 10-day period
where shoreline changes based on the high water level (HWL) are considered as the beach recovery
Inner and outer zone definitions are based on the foreshore boundary and average wave breaking location
(c) Sandbar identification based on trough and bar formation
with sandbar indicators defined based on this figure
Storm identification based on the two threshold approach
The threshold of 2.5 m was employed to identify storm events and 1.5 m was employed to calculated the storm duration
Shoreline variation with the presence of storms and recovery in post-storm period are also shown here
Consecutive storm occurrence damaging the shoreline recovery is visible in September
This categorization includes unbarred profiles
Sandbar identification in the present study was achieved through a Python algorithm designed to detect bar crests and troughs
To ensure the identification of prominent bar formations
minimum height thresholds of 0.25 m and 0.50 m were applied for inner and outer sandbars
aiming to disregard insignificant bar inclusions in the analysis
and 21-day intervals and compared the occurrence of sequential storms and shoreline recovery measurements for a better statistical approach
considering the observed recovery patterns at Hasaki
This 10-day selection provided an undisturbed period from consecutive storm occurrences and a significant dataset for our statistical analysis of beach resilience
BRN is defined as the ratio between the shoreline recovery after 10 days and the shoreline erosion during the storm event:
BR represents the beach recovery after 10 days (measured from the post-storm shoreline position)
and dSL signifies shoreline erosion after the corresponding storm event (measured from the pre-storm shoreline position)
For example a BRN value of 1 indicates full recovery of the shoreline to initial state
a negative BRN signifies negative recovery
indicating further instances of erosion during the post-storm period
Distribution of BRN values for the 125 storm dataset selected after filtering out consecutive storm occurrences and accretionary cases
The Interquartile Range Technique was employed to detect outliers in the Beach Recovery Number (BRN) distribution for the final storm data filtering
resulting in the selection of the final 104 storm dataset for analysis
providing a clear outline of the definitions employed in this study
which focused on quantifying feature importance in beach susceptibility
Initially, we trained four separate XGBoost models using 18 indicators (Table 1) as inputs and the Beach Resilience Number (BRN) as the output
These trained models formed the basis for explaining the influence of each indicator
encompassing 14 morphometric and 4 hydrodynamic variables
we employed the SHAP algorithm to explain both local and global interpretations of feature importance
Local interpretations provide insights into how each input variable influences individual predictions
while global interpretations provide a broader perspective on the overall impact of an indicator by averaging the absolute SHAP values across a particular dataset
we have four datasets based on the profile pattern
global interpretation values are calculated as the average of the absolute local interpretations across the profiles within each of the four profile patterns
As the first phase of feature importance analysis
based on the global interpretation values for each indicator
we selected key indicators with a significant influence on beach recovery
This initial selection phase aimed to identify the most impactful indicators
we refined our analysis by training new four XGBoost models for each of the profile patterns using only the selected significant indicators as inputs
These refined models enabled us to investigate deeper into the specific contributions of each selected indicator to the output variable
By applying the SHAP algorithm once again to these models
we gained further insights into the relative importance of each indicator in predicting the output variable
This employed feature importance analysis provided a comprehensive understanding of the role played by different indicators in deciding the beach recovery in the 10-day post-storm period
The first phase of the feature importance analysis aimed to identify critical indicators in each profile pattern for use in the subsequent local interpretation phase
Utilizing a 0.1 threshold for each profile pattern yielded distinct indicators for different profiles
eight were selected based on their global interpretations concerning BRN
the chosen indicators included shoreline position
mean and standard deviation of wave height in the post-storm period
Inner sandbar profiles featured selected indicators of outer zone sediment volume and standard deviation of wave height in the post-storm period
Outer sandbar profiles were characterized by one morphometric indicator
and the mean value of wave period in the post-storm period
double sandbar profiles only exhibited one indicator significantly related to beach resilience
In the second phase of the feature importance analysis
we focused on local interpretations to showcase the variation of importance of each selected indicator in each post-storm recovery case
which was decided based on the post-storm profile pattern
Local interpretations explain the model’s predictions for individual inputs
hence the variation of indicator importance with indicator value can be quantified
Second phase of feature importance analysis using local interpretations of the indicators for the beach recovery number values
Each color bar denotes the range of indicator values
with blue hues representing smaller values and red hues indicating larger values
Recognizing the significant influence of hydrodynamic variables on nearshore morphology changes
we assessed the impact of wave action during the 10-day post-storm period on beach recovery
The last four indicators among the 18 considered represented the wave condition for each profile pattern
The mean significant wave height (\(H_S\)) values for unbarred
mean wave period (\(T_S\)) values were 7.90 s
32 exhibited mean \(H_S\) values exceeding the long-term average
only 12 of these 25 cases had higher \(H_S\) values than the long-term average
suggesting that wave conditions alone do not determine post-storm changes
when the mean \(H_S\) during the post-storm period exceeded 1.60 m
it was observed that the majority of positive BRN cases
reinforcing our approach to exclude consecutive storm occurrences
A graphical illustration showing the distribution of wave height (\(H_S\)) and wave period (\(T_S\)) for the complete dataset
and post-storm periods for each of the profile patterns can be found as Supplementary Fig
In Fig. 5a
the local interpretations of each selected indicator for the beach recovery (BRN) of unbarred profiles after 16 storm cases are presented
focusing on how individual post-storm beach morphometrics contribute to beach recovery
the probability of wave breaking significantly diminishes
allowing larger waves to directly impact the foreshore
resulting in less resilient beach profiles
Key morphometrics controlling recovery include shoreline and outer zone sediment volume
where higher values exhibit negative SHAP values
shadowing the impact of morphometrics in this context
The accumulation of sediment in the outer zone contributes to recovery during milder post-storm periods
The variation of SHAP values for different shoreline positions (sl) in Fig
a shows that larger shoreline values (seaward shoreline positions) lead to relatively less resilient profiles
Although the magnitudes of SHAP values are not cogent
this suggests that largely accreted profiles are more prone to erosion even under average wave conditions
Unbarred profiles often represent the endpoint of long-term sandbar migration
where most of the sediment is located on the beach
making the beach zone sediment-rich but more susceptible to erosion
the recovery period is significantly influenced by seasonal wave climates
a factor not directly addressed in this study
In Fig. 5b
the local interpretations of each selected indicator for the beach recovery (BRN) of inner sandbar profiles after 27 storm cases are presented
These local interpretations signify the contribution of each selected indicator to BRN
wave conditions also exert significant control over recovery for inner sandbar profile patterns
beach recovery appears to be influenced by the wave condition during the post-storm period
emerges as the only morphometric indicating its importance on short-term beach recovery
Although a higher sediment budget in the outer sandbar
appears to impede recovery during the post-storm period
unclear distributions of SHAP values hinder drawing definitive conclusions from this evidence
as higher wave height standard deviations during the post-storm period prevent recovery
Figure 5c shows the local interpretations of each selected indicator for the beach recovery (BRN) of outer sandbar profiles after 40 storm cases
Outer sandbar profiles were the predominant category among the 104 datasets for post-storm recovery indicators
offering substantial and satisfactory data for conducting the feature importance analysis
The variation of the only hydrodynamic indicator
with the SHAP values did not show a strong correlation
and its mean during the post-storm period of outer sandbar profile patterns (7.98 s) was not significantly different from the long-term mean (7.87 s)
Figure 5d shows the local interpretations of the only indicator selected for beach recovery, BRN, of double sandbar profiles after 21 storm cases. In the global interpretation shown in Fig.4d
emerged as significantly important in controlling beach recovery
Shallower water depths at the outer sandbar suggest that waves break even for lower wave heights during the recovery period
disturbing the outer zone sandbar and bringing sediment to the beach under milder wave conditions
\(o_d\) was identified as the sole indicator for double sandbar formations
given that these profiles encompass all 18 indicators
Such a high global interpretation importance
which concentrated on beach susceptibility
we employed several methodologies established in that study to identify storms
Investigating 14 morphometric parameters within four distinct profile patterns (unbar
we aimed to explain and interpret their impact on short-term recovery dynamics
Key influential morphometric features for each of the four profile patterns were identified as shoreline position and outer zone sediment volume significantly for unbarred profiles
outer zone sediment volume for inner sandbar profiles
seaward sandbar slope and beach slope for outer sandbar profiles
and water depth at the outer sandbar for double sandbar profiles
our findings underscored the significant contribution of beach profile patterns to the recovery process
as these patterns represent different stages in the long-term transformation of beach profiles
This study addresses a significant gap in the literature by providing a comprehensive analysis of short-term beach recovery
Results further highlight the role of wave conditions in controlling beach recovery following extreme storm events
We hypothesize that the insights gained from this study can serve as a foundation for future research endeavors
providing a basis for understanding and analyzing beach resilience variations through the proposed Beach Resilient Number (BRN)
our observations indicate that water depth at the outer sandbar crest plays a crucial role in governing the recovery process
This aligns with the established understanding that the outer sandbar acts as a sediment source
the seaward slope of the outer sandbar emerges as a key factor influencing recovery; steeper slopes appear to yield the beach more fragile
yet contribute to sediment availability for recovery
the combination of low water depths and higher seaward slopes contributes to overall beach profile resilience
While the present study examines the importance of considering beach profile patterns in recovery processes
certain limitations provide insights for future research recommendations
The analysis employed a relatively small dataset size due to the storm data filtering conditions
including requirements for the absence of consecutive storm occurrences and significant erosions during the storms
To enhance the robustness of the proposed BRN and methodology
we recommend the use of larger datasets for validation in future work
we believe that the methods developed in this study are transferrable to various sandy beaches
as evidenced by our satisfactory apprehension of beach recovery dynamics even with a relatively modest dataset
Future research can build upon these insights to advance our understanding of beach recovery and enhance the applicability of the proposed methodologies across diverse coastal environments
Any requests for the dataset of storm and cross-sectional profiles at HORS must be directed to the fourth author
The codes used to identify storms, BRN calculations, and feature importance analysis are available upon reasonable request from the corresponding author. The codes are also intended to be made accessible at https://github.com/SalikaThilakarathne
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ST analyzed the results with important contributions from TS
MM and MB; ST wrote the article and all co-authors provided important contributions and critical revisions
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essentially created Little Tokyo with restaurants like Hasaki and Sake Bar Decibel — and Sakura is carrying on his legacy by implementing much-needed updates
stumbling into the subterranean sushi spot Hasaki or the nearly undetectable Sake Bar Decibel in the East Village felt like falling down a secret passageway into Japan — in no small part because they had virtually no online presence
both of their websites are beautifully designed
with high-quality photography and clear menus
quietly became one of New York City’s most influential restaurateurs — and for the last eight years
Sakura Yagi has worked to bring her father’s restaurant group into the 21st century
with the first one opening just a few years before she was born; she jokingly refers to them as her siblings
when Bon Yagi was diagnosed with now-remissive prostate cancer
What is going to happen to this company that my parents worked so hard to build?’” Yagi says
“What is going to happen to the people who work for us
Yagi paused her career in public relations to take over operations at T.I.C.
where she expected to stay on for five years while coming up with a succession plan
She found a company whose inner workings were practically fossilized: Managers still counted employee hours by hand and faxed the totals to the main office each pay period; her father would then head to the bank
(The company at one point also encompassed a private detective business
she was accustomed to benefits and processes that have long been the norm at most companies
and she wanted to bring them to her family business
Yagi’s assistant at the time and now T.I.C.’s vice president of operations
says that Yagi had to teach some long-time employees how to even use a computer — a skill some were not interested in learning
Many viewed her as simply Bon Yagi’s daughter
“It’s always difficult managing people who are older than you
but to manage people who are older than you but also knew you as a child is very difficult,” she says
Yagi says that she also made some mistakes along the way
especially when trying her hand at the front-facing side of things; a private event space above Cha-An Teahouse flopped
“I don’t have the intuition that my father has
that antenna that he’s developed over the years,” she says
“Data is therefore that much more important to me to be able to make decisions.”
But by repeatedly tackling mundane tasks like fixing the internet
she eventually gained the trust and respect of the T.I.C
She’s currently transforming the failed private event space into a cooking classroom
with several classes having already sold out
It’s now been eight years since Yagi stepped in
three years longer than she planned to work at T.I.C
She says she stayed once she accomplished her initial operations goals because “the horizons opened up” and she saw more opportunities to shape the company’s future — and because of her commitments to her family and their employees
who subscribes to the “employees first” motto popularized by Danny Meyer
her primary work goal is improving life for her staff
“We’re not a company that’s obsessed with the bottom line; we don’t have shareholders we have to report to,” she says
How can we make more so the bonuses are higher?’”
Horikoshi notes that Yagi hasn’t changed just the systems at the company
“It’s not a typical Japanese corporation,” Horikoshi says
Yagi held court at the front window table at East Village sushi institution Hasaki
Employees interrupted repeatedly to ask her opinion about various decisions
A woman greeted her in Japanese with a quick question
A man with a ladder gave her a wave before setting it up to fix something outside
tapping on the window to get her attention so the two could have a brief conversation
It’s a sign that she’s deeply embedded now
both in the neighborhood and in the wider community
Erina Yoshida — also the COO of a company started by her father — who runs fellow legacy businesses Sunrise Mart and Angel’s Share
have played a major role in how far the New York City Japanese restaurant scene has come
really highlighted various types of Japanese cuisines and has helped the food culture flourish,” Yoshida says
“It’s nice to see that there are various other non-Japanese people opening up their types of restaurants and bars
or even chefs utilizing more and more Japanese ingredients within their cuisine
I think that’s really evident in New York City culture
What Sakura has done as second-generation is spread more awareness not just within the community
Yagi has been raising her 1-year-old daughter
She’s also the co-council leader of the New York chapter of nonprofit group the U.S.-Japan Council
which focuses on fostering U.S.-Japan relationships through events like public happy hours and concerts
Yagi has broadened the scope of the group so much in her focus on rising generations that her co-council leader
says the organization has been given “new life.” “She’s the glue that holds this young professional group together,” Azuma says
Yagi’s work with other young Japanese Americans on the U.S.-Japan Council “makes me feel accepted — neither Japanese nor American
just kind of a hyphenated identity,” she says
Do I stay authentic and go the Japanese way
or do I try to do something more of this age?’” she questions
there are so many opportunities because my father has created so many different brands.’ Being authentically Japanese has a place in being authentically American and appealing to more of the masses.”
Yagi envisions taking some of T.I.C.’s concepts to multiple locations both in the United States and abroad
She plans to stay on at the company to achieve that
she’s cognizant of upholding the Yagi family name; Bon Yagi says that he wants his children to “continue this legacy” and be sure not to “blow out our candle.”
“A lot of people just dismiss me as Yagi-san’s daughter,” Yagi says
“You just have to understand that he’s doing something at a different vantage point than I am
but [understand] that my vantage point also has merit
people will start to accept me into that.”
personal care company HasakiChain aims to capture at least 35% of local market share by 2027
Vietnam's beauty and personal care sector is one of the country's fastest-growing consumer segments
HANOI -- Chinese retail giant Alibaba has, through its unit Alibaba International Digital Commerce Group (AIDC), agreed to buy a minority interest in Vietnam-based cosmetics and beauty chain Hasaki, DealStreetAsia has learned.
Hasaki is backed by Hong Kong-headquartered private equity firm Excelsior Capital Asia's Vietnam fund.
agreed to buy a minority interest in Vietnam-based cosmetics and beauty chain Hasaki
Edited by: Padma Priya
Deals
IPOs & Markets
Deals
"Runaways fleeing from the plague," a woodcut from 'A Looking-glasse for City and Countrey,' printed by H
director of the UArizona Division for Late Medieval and Reformation Studies
said that when rich people can leave town to flee a pandemic
Epidemiologists have a saying: "If you've seen one pandemic
from how illness is transmitted to the length of time someone is contagious before they show symptoms
there is much to learn from the world's previous experience with communicable diseases
Three scholars in the College of Social and Behavioral Sciences at the University of Arizona see several parallels between COVID-19 and previous pandemics
including a reliance on time-honored strategies such as quarantine
the struggle to educate people amid a barrage of wrong or confusing information
disproportionate impact on poor and working-class people
and the way a pandemic can unveil both the worst and the best of humanity
an associate professor of anthropology and classics
taught a course this spring called "Health and Medicine in Classical Antiquity." Returning from spring break to virtual Zoom classes
three plagues spanning a millennium in Greek and Roman history: the Athenian Plague (430-426 B.C.)
Ute Lotz-Heumman, director of the Division for Late Medieval and Reformation Studies, has taught courses on contagious diseases that spread in the 16th to 18th centuries, most notably the plague and smallpox. She recently penned a popular article in The Conversation titled "Diary of Samuel Pepys shows how life under the bubonic plague mirrored today's pandemic."
a doctoral degree candidate in the Department of History
studies the impact that communicable and infectious diseases had in shaping public health norms in 19th-century Spain
and her research includes an examination of the global cholera pandemic of 1830
Oropeza is currently teaching a course called "The History of Epidemics."
Lotz-Heumann said one of the things that has struck her during the COVID-19 pandemic is that society still relies heavily on quarantine to help slow the spread of disease
"We are resorting to measures that have been around for a long time
at least until we get the vaccine," she said
"Our civilization is so fragile that quarantine is basically the method that we have to resort to in spite of all the scientific progress."
The Venetians relied on quarantine in the 14th century when they required that ships arriving in Venice from infected ports sit for 40 days before landing
But records of people staying inside their homes go back even farther
in his "History of the Wars," notes that during the Justinian Plague "it seemed no easy thing to see any man in the streets of Byzantium" and "work of every description ceased." People who were healthy stayed in their houses to tend the sick or mourn the dead
Lotz-Heumann noted that during the bubonic plague in London in the 17th century
quarantine was only required when someone in the household showed symptoms
a British naval administrator who kept a diary during that time wrote
how sad a sight it is to see the streets empty of people."
One important difference between past pandemics and COVID-19: the hope for a vaccine
vaccines and inoculations are one of the greatest medical advancements in world history," Lotz-Heumann said.
"Perception actually drives behavior more than anything that scientists are telling us," Lotz-Heumann said
To channel human perception in ways that are productive to humans as a society is actually awfully hard."
people are not always satisfied with messaging from the government and health organizations
changes in medical recommendations and fluctuating risk models can add to confusion
People tend to choose information that reinforces their world view
"I compare what we are seeing now with the start of book printing and pamphleteering in the 16th and 17th century," Lotz-Heumann said
"You could pick and choose the information that you were getting."
While social media and the internet have aided the spread of disinformation
questionable remedies and conspiracy theories have always existed
scientists theorized that the plague was spread through miasma
or "bad air" created by rotting organic matter
Popular measures to combat the plague involved purifying the air by smoking tobacco or by holding herbs and spices in front of one's nose
In Constantinople – modern Istanbul – in A.D
speculations of the causes of plague were equally wild
"They love to conjure up causes which are absolutely incomprehensible to man
and to fabricate outlandish theories of natural philosophy."
1849 Cholera prevention poster in New York City
The poster advises people to abstain "above all from ardent spirits."
The challenge of educating people during a pandemic can be formidable
During the cholera outbreak in Spain in the 19th century
the government produced small advice manuals
who were significantly impacted by cholera
"It presents a very bourgeois vision of health," Oropeza said
"Educating the population during moments of crisis was a huge problem."
pandemics have disproportionately impacted poor and working-class people
Minority groups also have been hit the hardest by COVID-19
cholera primarily affected working-class people because of poor housing conditions
water was collected from pumps on the street
Hasaki said current news reports of worsening food insecurity – which is also more likely to impact low-income households – is a common co-occurrence with disease
"Always these two things are together: hunger and plague," Hasaki said
these terms were one letter apart but sounded the same: limos (hunger) and loimos (plague)
like modern metropolitan cities around the world
from the mundane to the exotic," Hasaki said
further undermining any hope for recovery among the sick."
In terms of financial relief help from the government
Lotz-Heumann said that in early modern Europe
help was based on who was considered "worthy poor."
"Authorities decided who they regard as worthy poor in a situation where there is economic pain as a result of a contagious disease," Lotz-Heumann said
"But it also means they expect those people to do the jobs that need to be done
such as go into homes to inspect corpses and carry the infected to plague hospitals."
Pandemics often set the stage for selfish behavior
and may also emphasize and exacerbate existing social divisions
"When you see that all the rich people can leave town
you immediately have a social divide," Lotz-Heumann said
The cholera pandemic in the 19th century incited fear of outsiders
"The kind of 'assisted emigrant' we can not afford to admit." Cartoon by Friedrich Graetz
It led to fights and increased social tension
"Wealthy and middle class people suspected that it was the lower classes that were breeding grounds for infection," Oropeza said
poor people were accused of being intentional plague spreaders
"These are the poor people who had to be outside to beg or do whatever they had to do to make a living in order not to starve
and so they could obviously be plague spreaders," she said
examples of helpful behavior can be found in past pandemics as well as the current one
Oropeza said that during the cholera outbreak in Spain
some physicians came out of retirement and put up their own money to help
who wrote about the Athenian Plague in his "History of the Peloponnesian War," remarked that the sick could find compassionate people among those who had recovered from the plague: "These knew what it was from experience
almost a millennium later in the Justinian Plague
people sought what connects them not what divides them," Hasaki said
"We hear that even groups in the society that previously harbored animosity towards each other set aside their differences and attended in unison burial rites of the dead."
Lotz-Heumann notes the "somewhat spectacular case of self-quarantine" during the 1665 plague in Eyam Village in Derbyshire
the villagers decided to seal off the village
the quarantine helped prevent the plague from spreading to nearby areas
"Societies have to pull together but at the same time everybody has a self-interest," Lotz-Heumann said
According to DealStreetAsia’s report on November 18
Chinese retail giant Alibaba has agreed to acquire a minority stake in Vietnam-based beauty and cosmetics chain Hasaki
Backed by Hong Kong-based venture capital firm Excelsior Capital Asia
Hasaki has demonstrated resilience and growth in a challenging economic environment
“We are thrilled to welcome Alibaba International as a financial investor
Despite the challenging macroeconomic conditions
this transaction is a testament to Hasaki's business model and capability,” said Hiep Dinh
Ho Chi Minh City-based Koru Capital served as the financial advisor for Hasaki in this deal
Hasaki now boasts over 140 stores across Vietnam and operates a robust online retail platform
Hasaki has amassed a total of 3.8 million members
with approximately 750,000 monthly shoppers
The company aims to capture at least 35 per cent of the domestic market share by 2027
Hasaki highlighted the fast-growing nature of the beauty and personal care segment in Vietnam
with the market valued at $2.2 billion and witnessing an annual growth rate of 7 per cent
Another notable investment in Vietnam's beauty sector was Mekong Capital's backing of Beauty Box in 2021
following L Catterton-supported Social Bella's market entry a year earlier
AIDC is a business unit spun off from Alibaba Group following corporate restructuring in March this year
China's largest integrated international online wholesale market
and owns several international retail businesses
AIDC's financial report for Q3 2023 showed a 53 per cent revenue increase year-over-year
an integrated retail platform of Masan Group
led an investor group to acquire a 5.5 per cent stake in The CrownX
Truong Hai Corporation (THACO Group) – one of Vietnam’s largest privately held conglomerates - successfully issued bonds totalling approximately $350 million on November 14
marking the largest single bond offering in Vietnam since the beginning of the year
★ Poor ★ ★ Promising ★★★ Good ★★★★ Very good ★★★★★ Exceptional
Vietnam Investment Review under the Ministry of Finance
Advertisement | Contact us
Book Nook, a children’s literacy studio, just opened a new outlet at 59th Street and West End Avenue
The Hoptimist appears to be a new beer shop opening in the former home of the Beer Shop at 422 Amsterdam Avenue between 80th and 81st streets
but we’re trying to stay hoptimistic
The Post also reports that SA Hospitality Group
which operates restaurant and wine bar Felice
is planning to open a new restaurant in the former home of Oxbow Tavern at 240 Columbus Avenue off of 71st Street
It’s not yet clear what the name will be
“We have always looked for the perfect location for a Felice on the Upper West Side,” SA partner Jacopo Giustiniani said
noting that the pandemic provided a perfect opportunity
“The Upper West Side is an iconic neighborhood
and we hope this opening will help in its recovery.”
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Is curry mania a stand-alone restaurant or just a menu offering inside a ramen place (Kitakata I think)
It’s just a menu inside the ramen place
I have yet to figure out how to pre-order so I went up there today to get lunch
It took quite a while to get my order (and waiting outside on Amsterdam & 72nd is an utter nightmare) but one bite of the curry made it all worthwhile
having them in the neighborhood could be damaging to my waistline
Another tip: they’re opening an exterminator shop next door……..Pestimist
Bravo… reminds me of Bob’s burgers
Anyone know what’s going on in the Saffron space
The Hoptimist is the same owner as Caledonia next door – will be a bar and beer shop
FYI it also looks like there’s a new restaurant called Covacha opening in the Cafe Frida space on Columbus
I saw recently that they had taken the window paper down and posted menus
the few dishes we tried were definitely of a higher caliber than those found at Cafe Frida
The tortillas are thick and flavorful (albeit still with a bit more room for improvement)
there’s a salad with interesting greens (mache and nettles
and the shrimp aguachile is nearly black with some sort of ash (maybe from charred chili peppers
If the Felice people are still pondering a name for their new spot
especially if they plan to offer Jamaican cuisine
Of course they could always call it Felice 71
Thanks to the WSR for keeping me up to speed on curry-nt affairs
I want to see a restaurant that is specialized in Chicken tikka masala
It sounds like Indian dish but only exists in Great Britain
so I’m looking forward to this addition
© 2025 West Side Rag | All rights reserved
© 2025 West Side Rag | All rights reserved
Alibaba is reported to have decided on taking a minority stake in Hasaki
a cosmetics and beauty chain based in Vietnam
through its arm Alibaba International Digital Commerce Group (AIDC)
The value of the transaction has not been disclosed.
Hasaki is backed by Excelsior Capital Asia’s Vietnam fund
also acted as Hasaki’s financial counsel.
Hasaki was founded in 2016 and has become one of the most popular beauty chains in Vietnam with 140 locations along with online platforms
runs Alibaba.com and other retail channels including Lazada
The cosmetics industry is quickly becoming one of the world’s fastest-growing retail categories
with rapid expansion in Vietnam attracting interest from foreign companies as well as locals
the Indonesian beauty brand Sociolla opened its first store in Ho Chi Minh City
the cosmetics market in Vietnam will generate US$528.9 million in revenue this year and is expected to expand by 3.21 per cent per year on a CAGR basis from this year through to 2028
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At the 2024 Annual Meeting, we saw many posters featuring exciting archaeological work from around the world, from ancient leather to maritime connectivity. Three posters were selected as winners for this year’s AIA Poster Award
We asked the winners of this year’s awards a few questions about themselves and their projects
Best Poster Award: Elizabeth (Beth) M. Greene, Rhiannon Stevens, Barbara Birley, and Gillian Taylor (Species Analysis of Leather Objects and Manufacturing Offcuts from Vindolanda, UK)
First Runner-Up Poster Award: Jennifer S. Tafe, Cole M. Smith, and Eleni Hasaki (Nikosthenes’ Networks of Production and Trade)
Best Student Poster Award: Nick Bowman (Maritime Connectivity and Mobility in the Southeastern Aegean During the Neopalatial Period: A GIS-Based Approach)
Congratulations to the poster award winners!
Eleni Hasaki is Associate Professor of Anthropology and Classics with the School of Anthropology at the University of Arizona
Her research focuses on the craft technologies of Classical antiquity
and the negotiation of social status through crafts
and ethnoarchaeological evidence in her projects
Her archaeological fieldwork in Greece (Paros
the ethnoarchaeological project in Tunisia (Moknine) and an experimental open-air lab for pyrotechnology locally (Tucson) promote the knowledge of crafts both in antiquity and its relevance for modern societies
(magna cum laude) from the University of Athens
she continued her graduate studies at the University of Cincinnati where she received her Ph.D
She has recently launched a collaborative project Web Atlas of Ceramic Kilns in Ancient Greece
a searchable database for ceramic production in ancient Greece covering five millennia
relied on their friendly neighborhood ceramics workshop for everything from dishes to perfume bottles to roofing materials
aims to map these critical centers of ceramics production in a first-of-its-kind online database
designed to support archaeologists working in Greece today
The Web Atlas of Ceramic Kilns in Ancient Greece includes information on 600 Greek kiln locations
Each uncovered kiln represents the location of a ceramics workshop
The idea for the database grew from Hasaki’s dissertation on ceramic kilns — the ovens used to fire pottery — in ancient Greece
Hasaki sifted through stacks of hard-copy archaeological reports in Greek
and traveled to Greece to collect information about kiln excavations that had not yet been formally published
“My major hope for the online database is that it will help archaeologists on the ground who uncover kiln sites to quickly find similar cases in the same region or of the same period or of the same type
without having to wait for the final publication of a kiln site
often several years after its discovery,” said Hasaki
who teamed up with Greek archaeologist Konstantinos T
to compile information on the 600 kiln locations mapped in the database
She said the database serves as a jumping-off point for researchers to answer larger questions about ceramics production in Greece across five millennia
“It’s more than just a map with spots,” she said
“If you keep going through more complex questions
people who study craft production in an area have the exact locations of kilns
and they can ask questions about craft production and even about scale of economy or scale of trade
It starts as a little dot but then goes very quickly to the bigger picture.”
Hasaki also co-directs the UA’s Laboratory for Traditional Technology
which focuses on the study of traditional technologies such as ceramics
She has been invited to lecture at several institutions both nationally and internationally
She has served on international conference review boards and as a reviewer on grant and fellowship committees for major organizations
and the Archaeological Institute of America
© 2025 ellines.com
© 2025 ellines.com, all rights reserved
ShareSaveCommentMoneyPersonal FinanceColorado Single-Member LLC Falls To Alter Ego In BronchickByJay Adkisson
Forbes contributors publish independent expert analyses and insights
I cover Wealth Preservation in its legal permutationsFollow AuthorJun 14
11:41am EDTShareSaveCommentDowntown Denver
This opinion explores alter ego in the asset protection context
but also presents an example of when alter ego can fail in the context of a professional corporation and also where an innocent ex-spouse is a co-owner of an entity
District Court opinion and thus is subject to further appeal to the U.S
William Bronchick was an attorney practicing in Colorado
To skip ahead — and this becomes an important fact — William and Caroline separated in 2019 and divorced in 2020
Boxer won its two judgments against William totaling $891,970
William had interests in at least three companies
("B&A") which was the Colorado professional corporation through which Bronchick ran his law practice
LLC ("BCG") was a Colorado LLC of which William was the sole member
BCG was also a subtenant in B&A's office
LLC was a Delaware Series LLC in which both William and Caroline were members
Hasaki was authorized to conduct business in Colorado
The business of Hasaki was purchasing residential real estate for leasing purposes
Boxer garnished B&A for William's wages
Boxer also obtained a charging order in Colorado against William's interest in BCG in 2018 and a charging order that same year in Delaware for William's interest in Hasaki
Note that there was no charging order against B&A
but rather Boxer was apparently content to simply garnish William's wages from that entity
Boxer's judgment apparently arose out of a lease agreement that was breached by William
and at least in some part by another Bronchick entity known as Flamingo
Boxer made a written demand for payment to William
and William indicated in return that he would abandon the leased space
William caused Hasaki to extend one letter of credit agreement to B&A and another to BCG
Wiliam drafted and signed these agreements on behalf of all the involved companies
What happened is that since Hasaki could not make distributions to William without it being caught up by the Boxer charging order
William instead used Hasaki to make loans to B&A and BCG
The letters of credit authorized B&A and BCG to take up to $400,000 each in loans from Hasaki
These letters of credit were unsecured and did not provide for a default interest rate
What was curious is that William apparently never could get the paperwork quite right for the transfers
while others were listed as "mentoring income"
as certain of Hasaki's residential properties were sold off
transactions were recorded late or were inaccurate
and apparently left many things to William
but as a 41% member of Hasaki she did help to manage the properties and kept Hasaki's books until around 2013
Caroline mostly left the business to William so that she could offer more care for their children
Williams did not take any distributions from either Hasaki or BCG
Bronchick testified that he has not taken any draws out of Hasaki since the service of the charging order on Hasaki because he does not want those distributions to be subject to Boxer's charging order
He likewise testified that he has not taken any draws out of BCG since the service of the charging order on BCG because he does not want those distributions to be subject to Boxer's charging order."
William caused Hasaki to transfer money (the opinion is frustrating unclear on just how much) to B&A and BCG
What was clear is that the loans were poorly documented
and Hasaki's general ledger was likewise unclear about the transfers
There were also apparently very small transfers of money made just to take the BCG or B&A accounts out of negative balances
while Williams testified that he always told Caroline about the loans and transfers
Caroline testified that the first time that she heard about the loans and at least some of the transfers
was at her deposition in the case prior to the trial
Caroline further testified to the effect that:
Bronchick his desire to place title to the properties that he had purchased in his own name into trusts
he 'explained to me in a very basic way about asset protection
how it protects us against the tenants from knowing where we live....I'm not sure he used the word *protection against creditors.* My concern was about asset protection and anonymity for family reasons.' "
and the court found this " significant and reflects a lack of credibility on the part of Mr
This was not the end of William's hinky transfers
William cut a check for $50,000 from Hasaki to B&A (Williams' professional corporation) and noted on the memo line of the check "Capital distribution to C
and if she was to receive a distribution from Hasaki then the check should have been made directly to her
Even William was forced to admit at trial that this "was probably not the brightest way to do it."
BCG's ledger listed a transaction from William's lawyers trust account (called a "COLTAF" account in Colorado)
using one's lawyers trust account for personal transactions is usually a real no-no
Hasaki also made distributions to William's family members
which sounds fine in the abstract until one realizes that the family members were not members of Hasaki and there were not entitled to any distributions
One such "distribution" went to William's mother
Another strange transaction was that William caused Hasaki to pay at least $35,000 in legal fees to a law firm for legal services (the aforementioned 10th Circuit appeal of William's case that end up with Boxer's judgment) that had been rendered not to Hasaki
This more-or-less summarizes the factual findings of the court
and we now move on to the court's legal findings
Boxer's first three causes of action alleged that William was the alter ego of each of B&A
these causes of action requested the court to pierce the corporate veil so that the assets of each entity were available to Boxer as the creditor of their owner in William
to be distinguished from traditional veil piercing where a judgment against an entity is sought to be enforced against the entity's owner
and essentially alter ego law just about everywhere in the United States with minor variations
Boxer as the creditor needed to prove three things:
(1) The person and entity were alter egos of each other
they were really just one and the same for all practical purposes
and this is often expressed as a unity of ownership and control under the totality of the relevant facts and circumstances of the case;
(2) The entity was used to perpetrate a fraud or some other wrong; and
(3) Disregarding the corporate veil (read: the legal separateness of the person and the entity) would achieve an equitable result
the court found that there was ample evidence that William was the alter ego of all of B&A
There was commingling of money and other assets
the financial operations of these entities were blurred and William admitted that he was not keeping track of how much was owed in principal or interest between entities
The records kept by Bronchick were inadequate
and certain transactions characterized several different ways
especially as to Hasaki where William sometimes did not treat that company as if Caroline was a member
often keeping either minimal balances or negative balances
Formalities were disregarded and company funds were used for William's personal purposes
such as to pay the legal fees for his appeal
But the court's alter ego analysis was only the first prong in its analysis
BCG and Hasaki had been used to perpetrate some wrong
It is here that we get to a truism of veil piercing
as explained by the court: "The mere fact that corporate creditors would go unsatisfied because they cannot reach a shareholder's personal assets does not
justify piercing the corporate veil." In other words
a party like Boxer must show that a putative alter ego entity was not merely misused in some way by the debtor
but it must be misused in some way that caused the creditor harm
BCG and Hasaki caused the creditor harm because William misused them specifically for the purpose of defeating Boxer's claim
Moneys were transferred around with William's intent that no distributions would be made to him such as would be picked up by the charging orders against those two entities
This was due to William himself designing and implementing the letters of credit precisely for that purpose
The third element to be proven by Boxer was whether considerations of equity would be served by piercing the corporate veil of B&A
the court looked at each company individually — and reached very different results
The first company taken up by the court was Hasaki
The problem here was that Hasaki was not just owned by William but also by Caroline
the court found that Caroline was an innocent ex-spouse in all this:
"She testified credibly that for years she was unaware of the Underlying Judgment amount and thought it was somewhere around $200,000 or $300,000
Bronchick was not represented by counsel in her divorce from Mr
She received no documentation regarding the finances of Mr
Bronchick's businesses or the Underlying Judgments and was unaware of any rights she may have had to separate her interest in Hasaki from Mr
Bronchick received a greater interest in Hasaki as part of the parties' divorce proceedings
Bronchick's testimony that she took no steps to assist Mr
Bronchick in evading or frustrating Plaintiff's collection efforts
and the Court finds no evidence establishing otherwise."
If Boxer was able to pierce Hasaki's corporate veil and liquidate its assets
then Caroline's interest in the assets of Hasaki would be severely reduced — even though she did nothing wrong
the court declined to determine that it would be equitable for Hasaki's veil to be pierced
The court also refused to hold Caroline liable to Boxer on a civil conspiracy theory for largely the same reasons
A somewhat similar was reached by the court in relation to William's professional corporation
although Caroline had no interest in that entity
The reason here was that B&A did have clients
and those clients' interests could be negatively affected if B&A's corporate veil was to be pierced
The court therefore declined to pierce the veil as to B&A
That brings us to the third of William's entities
That company had no outsiders whose interests needed to be considered and thus the court would allow Boxer to pierce BCG's veil
the court also ruled in favor of Boxer's request that an equitable lien be placed on BCG's assets
essentially freezing them until they could be liquidated to pay Boxer's judgment
The bottom line was that Boxer could not pierce B&A or Hasaki
nor hold Caroline liable as a co-conspiratory with William
but Boxer could pierce BCG's corporate veil and impose an equitable lien on BCG's assets
The part of asset protection planning that gets all the glamour is the structuring
such as creating trusts and LLCs and various transactions to make it all come together
and arguably much more important 90% or consists of the correct operation of the structure by respecting the entities that are created making sensible and well-documented transfers
it really doesn't matter how strong the structure itself is as the odds will be low that the courts will respect the form of the entities
This is something that I've seen probably hundreds of times over my career: Somebody will spend tens-of-thousands of dollars to create an asset protection structure
but then the next day they will start to treat everything as one big bucket as before
The problem is that if they are treating everything as essentially one big bucket
that is what the court is going to do as well
one can see that it doesn't take much for a single-member LLC to have its company shield pierced
Allowing creditors to invade the LLC in most circumstances will not cause harm to others
That leaves only the element of the entity being used to commit some wrong
and if it is used to circulate money around so the creditor cannot collect on the judgment
single-member LLCs are still widely marketed as asset protection vehicles
the company veil of a single-member LLC should not be any more susceptible to veil piercing than a sole shareholder corporation
please do not think for a second that this opinion establishes that professional entities are somehow immune from creditor attack
While applicable state law usually prevents a non-professional from taking ownership in the entity
this does not mean that there are other ways that creditors can access the income or assets of a professional entity
such as by having a licensed professional act as a receiver (this is one of the classic uses of post-judgment receivers
in addition to dealing with things like liquor licenses)
Then finally we come to the issue of the innocent spouse
Take note that Caroline narrowly avoided having her interest caught up in all this
by having to take the stand and convince the court that she indeed had been hoodwinked by William
The term "innocent spouse" is easy to say
but in the creditor-debtor context is often very difficult to prove ― even when the innocent spouse is an innocent ex-spouse
Note also that Caroline's testimony to protect her own interest simultaneously annihilated William's credibility with the court
This happens too and is one of those things that a good litigator will see a mile away but a planner will never suspect
I think the District Court got it right here but if there is an appeal then it will be interesting to hear what the 10th Circuit says about all this
Today's print edition
Home Delivery
Picture New York’s East Village on an autumn afternoon
the sun setting on dirty and chipped pavement below old
red brick buildings with black fire escapes on the facades
Three boys try to identify flags that hang from a restaurant’s wooden shed on the side of the road
The front door to one of these buildings opens
and Bon Yagi rushes out — walking past the group drinking tea at the store he owns
past the small and empty wooden tables at a sake bar that he also owns
and past the bank on the corner at the end of the block
his gaze is focused.googletag.cmd.push(function() { googletag.display('div-gpt-ad-1499653692894-0'); });
Yagi, 73, is head of T.I.C. Restaurant Group, and wields a quiet but immeasurable influence over how New Yorkers understand and consume Japanese cuisine. Born in 1948 as Shuji Yagi, he arrived in the city in the mid-1970s and opened his first Japanese restaurant, Hasaki (named after his hometown of Hasaki
selling affordable sushi among the East Village’s no-frills
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Flames will fill an 8-foot-tall ancient Greek kiln replica when students
teachers and community members attend the all-day 10th Greek Kiln Firing on Friday
The event began in 2004 when the Archaeological Institute of America (AIA) awarded the AIA Society of Tucson and Southern Arizona — made up of University of Arizona faculty and students — the first Local Society Outreach Grant for its newly established Greek Kiln Project
The AIA awards a university or program that successfully plans and implements an outreach program in the society to get the community involved and to educate the community in some way about archaeology
Eleni Hasaki, an associate professor at UA's School of Anthropology and Classics
helped conceive and submit the Kiln Project along with members of the society
Augustine Catholic High school and local potters
"My research expertise is in ancient Greek pyrotechnology
so it was an exciting and intriguing project for me to start
All the AIA lectures take place on campus
so there is a close connection between the AIA Tucson Society and UA," said Hasaki
"In the late '90s and around early 2000s there was a big push to do experimental replicas and to test theories that only come from archeological remains
build it and fire it and then study the whole process they used," she said
The construction of the wood-fired kiln was complex
The Greek kiln has two chambers — a combustion chamber with a perforated floor and another that holds the pots
St. Augustine Catholic High School offered their campus as a holding place for the Greek kiln
"We were extremely lucky when the school allowed us and welcomed us to make the project a part of their school
the location is an educational experiment in an educational setting so it worked out perfectly," said Hasaki
and it took a while to come up with a design of the kiln because it had to consist of materials as close to antiquity as possible
we wanted to come up with a design based on archeological evidence," she said
Students and faculty contribute to the event each year by bringing some of their own pieces to be fired
Black- and red-figured pottery is most commonly fired at the event to represent the ancient Greek techniques
Augustine teacher Patricia Bradshaw and her students have been producing different types of pottery with historical and mythological themes including the Trojan wars
the wood-fired process takes 18 hours and the kiln's temperatures can climb as high as 1,600 degrees
The firing event attracts local potters because the effects of the wood-fired kiln on the glazes are unpredictable and less controlled
"People come and go to the firing, it reaches out to a lot of academic audiences. There is a team coming from the ASU Arts Program and we even have ceramic pieces sent to us from a potter in Japan to be fired," she said
Potters interested in having pieces fired in the kiln have until 9 p.m
There also will be lectures and ancient Greek- and Roman-themed movies during the free event
For more information about the firing, visit AIA Society of Tucson and Southern Arizona's website.
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Discover the bold flavors and immaculate artistry behind Japanese cuisine at these top-rated restaurants in and around Charlotte
The Queen City is not only a hub for Southern comfort food; it is also home to a myriad of exquisite Japanese restaurants that are sure to delight your taste buds
From traditional sushi to hearty ramen bowls
indulge in the tantalizing flavors of Japan right here in Charlotte
The menu offers a diverse range of delectable options
ensuring an authentic taste of Japanese cuisine
This hidden treasure in Charlotte’s University Place magically takes your taste buds on a journey to Kyoto and back
The impeccable attention to detail and a genuine passion for their craft ensure that every dish here is a true work of art
From the incredibly fresh and flavorful sushi to the mouthwatering pan-fried Gyoza
everything at Nakoto bursts with those iconic Japanese flavors
The laid-back vibe and inviting ambiance provide the perfect setting for a gathering with friends or a casual date
Musashi Japanese Restaurant in Charlotte is a hidden gem
offering an authentic and immersive dining experience
this no-nonsense eatery surprises new patrons with its drool-worthy delicacies and iconic
Musashi’s menu is a treasure trove of Japanese comfort food
For an incredible Japanese steakhouse in Charlotte
From the talented chefs to the friendly staff
every aspect of your dining experience here is exceptional
The menu offers a diverse range of mouthwatering options
ensuring there’s something for every palate
Nakato goes above and beyond to accommodate dietary restrictions
making it a welcoming destination for everyone
O-Ku in Charlotte’s South End neighborhood is a sushi lover’s haven. The impeccable attention to detail highlights their culinary expertise
ensuring that each roll is not only delicious but unique to the restaurant
Indulge in their melt-in-your-mouth nigiri or discover the creativity of their speciality cocktails
but be sure to have that designated driver at the ready
From the lively atmosphere to the mouthwatering aromas
BAKU is another hidden gem in Charlotte’s vibrant culinary scene
Their sushi rolls offer a tantalizing explosion of flavors
Explore their enticing selection of small plates and hot entrees
each bite delivering a delightful fusion of textures and tastes seen across Japan
Embark on a culinary adventure in Charlotte at these top-rated Japanese restaurants, where the perfect blend of tradition and innovation awaits
Whether you’re a seasoned sushi lover or eager to explore bold flavors
these Japanese establishments will take you on a delectable journey to the heart of Japan
Immerse yourself in the art of Japanese cuisine and savor every bite
prepare to be captivated by the sublime flavors and impeccable craftsmanship of Charlotte’s best Japanese eateries
Alibaba Group has acquired a minority stake in Vietnamese beauty retailer Hasaki
marking the group’s strategic expansion in Southeast Asia
Hasaki has demonstrated both resilience and growth in a currently challenging economic environment
this transaction is a testament to Hasaki’s business model and capability.”
which has been operational since 2016 with over 140 stores and a dynamic online presence
commands a significant market presence with 3.8 million members and 750,000 monthly consumers
Targeting around a 35 per cent domestic market share by 2027
Hasaki wants to capitalise on Vietnam’s burgeoning $2.2 billion beauty sector
AIDC is overseeing Alibaba.com and other international ventures
reporting a 53 per cent revenue jump to $3.36 billion in Q3/2023
Alibaba’s strategy focuses on lucrative international markets
with this acquisition complementing its previous investment in Masan Group’s The CrownX in Vietnam
it led an investor group to acquire a 5.5 per cent stake in The CrownX complex
private investment firm Bain Capital in October agreed to invest at least $200 million into Masan Group in equity capital at a price of VND85,000 ($3.50) per share
“Proceeds from the transaction will be used to strengthen Masan’s financial position and de-lever its balance sheet
This marks Bain Capital’s first-ever investment in Vietnam and underscores its confidence in Masan’s ability to realise the immense opportunity to fulfill 100 million Vietnamese consumers’ daily grocery
Vietnam stands as Southeast Asia’s leader in consumption growth
projected at an annual rate of 7.7 per cent from 2022 to 2040
This surge is fuelled by rapid urbanisation and the emergence of a booming consumer class
characterised by rising disposable incomes and shifting demands that span from fundamental necessities to lifestyle and financial products
Japan’s Sojitz Corporation announced that it
has jointly acquired full ownership of New Viet Dairy
Vietnam’s largest wholesaler of commercial food (see Page 8)
Sojitz believes that Vietnam’s dairy market is poised to reach $8.4 billion
head of the Cross-border Division of RECOF Corporation said
“Key sectors drawing investor interest for M&A opportunities in Vietnam include fast-moving consumer goods
the logistics sector has become a major area of focus for investors
which is also attracting considerable attention in Vietnam in particular.”
Masan has been continuously opening multi-experience stores CVLife to integrate more services from its latest acquired startup Mobicast
make financial transactions at Techcombank
buy medicine and functional foods at Phano
WinCommerce General Commercial Services JSC
a member of Masan Group has opened the first two franchised WinMart+ stores in Hanoi and Bac Giang
The opening marks an important milestone in Masan Group’s goal to develop 20,000 franchised stores and 10,000 its own outlets to serve 30-50 million consumers by 2025
has officially changed the brand name of VinMart retail system into WinMart
which operates WinMart/WinMart+ supermarkets and minimarts
has planned to open over 700 new WinMart+ stores and more than 20 WinMart supermarkets and hypermarkets in the remaining months of 2022
The Web Atlas of Ceramic Kilns in Ancient Greece is the first of its kind GIS database of kiln sites in Greece
dating from the Prehistoric to Post-Byzantine periods (ca
The Web Atlas will help excavators of kiln sites to quickly contextualize them within their chronological
as well as other scholars of Greek antiquity to address questions of ceramic production
and consumption in various eras and regions
The GIS database was developed by UA Classics Alumna Lauren Alberti
with assistance by University of Arizona Professor of Geography and Regional Development Gary Christopherson
The WebAtlas searchable interface was developed by Tawny Lochner at the University of Arizona Social and Behavioral Sciences College IT Team
We are grateful to all individuals for their steadfast support of the project
Previous studies have produced lists of kilns sites from various periods (see under Resources)
there is a need to have an updated database of these important ceramic production centers
The Web Atlas aims to address this need by providing a valuable research tool to scholars who study ceramic production of different time periods in ancient Greece
With the active participation of its users
we hope that the Web Atlas will assist researchers and benefit from their online submissions of their kiln sites
Ceramic kilns played a vital role in ceramic workshops as they transformed malleable clay forms into durable terracotta products
Greek potters used predominantly updraft kilns with two-chambered
a lower one (combustion chamber) to place the fuel
and an upper one (the pot-firing chamber) to fire the ceramics
The two chambers were separated by an intermediate perforated floor which allowed the heat generated in the combustion chamber to reach the area where the ceramics were stacked
are circular and rectangular with some variation in the support system for the perforated floor
Most circular kilns measure 1.00-1.50m in dimensions
The kiln capacity was optimally designed both to bring profit from successful firings and to help the workshop recover quickly from unsuccessful ones
constitute the most reliable criterion for identifying ceramic workshops
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Japanese version
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Eater critic Robert Sietsema's picks for eating sea urchin over rice
Sea urchin is seeing much wider and more creative uses in the city’s restaurants
and diners seem more willing to try it in unfamiliar contexts
usually paying a premium for the privilege
Following are some restaurants serving sea urchin in dishes that run from the conventional to the frankly wild
At the East Village’s oldest running sushi bar
sea urchin is part of the classic omakase sushi assortment
Japanese import Ootoya often includes a sea urchin “tongue” in its sashimi collection
Some of the best and freshest uni sushi in town comes from Chelsea Market’s Lobster Place
Long Island City’s Mu Ramen offers an appetizer of rice topped with uni (sea urchin) and ikura (salmon roe) called “U & I.”
SPONSORED: Ted Allen’s Picks for Bold Flavors in NYC
One of the city’s few soba (Japanese buckwheat noodle) parlors
Sobakoh assembles a cold noodle bowl with sea urchin
Japanese BBQ specialist Takashi tenders an uni tongue on a slab of raw steak carpaccio
At Sicilian old-timer Joe’s of Avenue U in Gravesend
the riccio de mare (sea urchin) is tossed with hot linguine
Basque tapas bar El Quinto Pino produces a pressed panini of sea urchin flavored with wasabi
New York City's Hottest Brunch Restaurants
Danny Bowien pioneered an herbed take on the Japanese custard chawanmushi heavily freighted with uni
but a squid-ink flatbread served with uni is.)
The signature pizza of Donatella Arpaia’s newest venture
with no tomato sauce or mozzarella in sight
The Hottest Restaurants in Manhattan Right Now
Cosme’s chef Enrique Olivera surprised patrons of his new restaurant when he dropped a sea urchin tongue on a tostada shell
creating not only an unusual flavor juxtaposition
but also an oddball color contrast of purple and orange
TEHRAN – Iranian director Kazem Mollai’s drama “Kupal” will compete in the Jameson CineFest International Film Festival in Miskolc
the film will be screened in the official competition of the event that is scheduled to be held from September 8 to 17
“Kupal” tells the story of a hunter and a taxidermist
a short film by Iranian director Mohammad Farahani
The film is about a girl whose family members have been murdered
In order to show her protest to the ongoing massacre
she decided to burn herself in front of a webcam
Photo: Levon Haftvan in “Kupal”
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A strong magnitude 5.1 earthquake occurred in the North Pacific Ocean 113 km (70 mi) from Japan in the early morning of Tuesday
The depth of the quake could not be determined
but is assumed to be shallow.The quake was reported felt by some people near the epicenter
A strong magnitude 4.6 earthquake occurred in the North Pacific Ocean near the coast of Japan in the morning of Monday
The quake had a shallow depth of 50 km (31 mi) and was reported felt by some people near the epicenter.