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Ponzitracker

Covers Ponzi schemes. By Jordan Maglich.

http://www.ponzitracker.com/

May 18
Death Sentence for Chinese Woman Convicted of $70 Million Ponzi Scheme

Death Sentence for Chinese Woman Convicted of $70 Million Ponzi Scheme

A Chinese woman who masterminded a $70 million Ponzi scheme has been sentenced to death by a Chinese court - possibly by firing squad. Lin Haiyan, 39, from the Wenzhou province, received the sentence as part of a broader push by Chinese…
May 13
California Man Guilty in $250 Million Ponzi Scheme

California Man Guilty in $250 Million Ponzi Scheme

A federal jury has returned a guilty verdict against a California man for masterminding a massive Ponzi scheme that bilked investors out of over $250 million. James Stanley Koenig, 60, was found guilty of all but one of the three…
May 12
Petters Wants 50-Year Sentence Overturned

Petters Wants 50-Year Sentence Overturned

The man responsible for the third-largest Ponzi scheme in history has filed papers seeking to have his fifty-year sentence overturned, claiming that his former attorney failed to disclose that prosecutors had previously offered a 30-year…

Rank this Week: 248

Mandelman Matters

Covers the foreclosure crisis. By Martin Andelman.

http://mandelman.ml-implode.com

May 18
Nevada Legislature Considers Passing its Own Homeowner Bill of Right

Nevada Legislature Considers Passing its Own Homeowner Bill of Right

Nevada’s legislature is considering adopting its own Homeowner Bill of Rights, and in fact, the bill... SB 321... has already passed the Nevada State Senate and is headed to the House.
May 18
South Carolina’s Hardest Hit Funds Farce… Failing but Finally Changing?

South Carolina’s Hardest Hit Funds Farce… Failing but Finally Changing?

It's been 3.5 years since the money was made available. It’s time for the programs funded by hardest hit funds to help homeowners... stopping foreclosures with aggressive benefits and inclusive qualifying requirements. Surely we know…
May 17
Bill to End Foreclosure Mediation In Missouri Passes… Wake Up, Missouri

Bill to End Foreclosure Mediation In Missouri Passes… Wake Up, Missouri

Unless you believe that the foreclosure picture in this country somehow magically changed dramatically over the last month or two... you don’t want to wake up one day to find out you might need mediation... only it’s no longer…

Rank this Week: 188

Jim Hamilton's World of Securities…

Jim Hamilton's World of Securities Regulation

Commentaries on security regulation.

http://jimhamiltonblog.blogspot.com/

May 18
House Passes SEC Regulatory Accountability Act

House Passes SEC Regulatory Accountability Act

By a vote of 235 to 161 the House of Representatives passed the SEC Regulatory Accountability Act, H.R. 1062. Seventeen Democrats voted to pass the bill. Rep. Scott Garrett (R-NJ), Chairman of the Financial Services Subcommittee on Capital…
May 15
House Panel Approves Legislation Directing FSOC Study on Derivatives Credit Valuation Adjustment

House Panel Approves Legislation Directing FSOC Study on Derivatives Credit Valuation Adjustment

The House Financial Services Committee approved legislation requiring the Financial Stability Oversight Council (FSOC) to conduct a study and report to Congress on the likely effects that differences between the U.S. and other…
May 15
House FSC Approves Extending SEC Registration Thresholds to Thrift

House FSC Approves Extending SEC Registration Thresholds to Thrift

The House Financial Services Committee approved legislation to extend to savings and loan institutions the JOBS Act shareholder thresholds for SEC registration and deregistration. Introduced by Rep. Steve Womack (R-Ark), the Holding…

Rank this Week: 128

The 10b-5 Daily

Covers securities class action litigation. By Lyle Roberts.

http://www.the10b-5daily.com/

May 17
Shrug, Concur, and Move On

Shrug, Concur, and Move On

In a famous market manipulation that lead to multiple criminal convictions, the A.R. Baron brokerage engaged in a pump-and-dump scheme to induce customers to purchase the securities of small companies at artificially inflated prices. Among…
May 10
What Next?

What Next?

Based on the Supreme Court's recent decisions, a plaintiff is not required to prove the existence of loss causation (Halliburton) or materiality (Amgen) to certify an investor class. In the Halliburton case, however, the defendants pursued a…
Apr 26
Cornerstone Report On Accounting Case

Cornerstone Report On Accounting Case

Cornerstone Research has issued a study of 2012 securities class actions involving accounting allegations. The notable findings include: (1) The number of accounting filings fell from 78 in 2011 to 45 in 2012. Two factors that contributed to…

Rank this Week: 894

RESPA Lawyer Blog

Covers the Real Estate Settlement Procedures Act (RESPA). By Sterbcow Law Group LLC.

http://www.respalawyer.com/

May 17
CFPB RESPA ENFORCEMENT ACTION ALERT

CFPB RESPA ENFORCEMENT ACTION ALERT

The Consumer Financial Protection Bureau "CFPB" ordered a Texas homebuilder, Paul Taylor, to pay $118,194.20 he received in kickbacks for referring mortgage origination business to Benchmark Bank and to Willow Bend Mortgage Company in…
Apr 12
RESPA CONFERENCE: MARX STERBCOW TO PRESENT AT NATIONAL SETTLEMENT SERVICES SUMMIT IN CLEVELAND, OHIO

RESPA CONFERENCE: MARX STERBCOW TO PRESENT AT NATIONAL SETTLEMENT SERVICES SUMMIT IN CLEVELAND, OHIO

Attorney Marx Sterbcowof the Sterbcow Law Group will lead a panel presentation along with Attorney Jeff Arouh of McLaughlin & Stern at the October Research Corporation's National Settlement Services Summit being held at the Marriott at…
Mar 12
MARX STERBCOW AND CHARLES CAIN TO PRESENT AT RESPA News' RESPA WEBINAR SERIES ON MAY 18, 2013

MARX STERBCOW AND CHARLES CAIN TO PRESENT AT RESPA News' RESPA WEBINAR SERIES ON MAY 18, 2013

Marx Sterbcow, Managing Attorney at Sterbcow Law Group, and Charles Cain, Of Counsel to Sterbcow Law Group and Senior Vice President to WFG National Title Insurance Company, have been selected by RESPA News to co-present a webinar on the…

Rank this Week: 1166

OFAC SDN Sanctions Removal Lawyers

Covers the Department of Treasury's Office of Foreign Assets Control and its Specially Designated Nationals list. By McNabb Associates, P.C.

http://ofac-sdn-list-removal.com/

May 17
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC): “Treasury Removes Sanctions on Iraqi Bank”

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC): “Treasury Removes Sanctions on Iraqi Bank”

The U.S. Department of the Treasury on May 17, 2013 released the following: “Action Follows a Verified Change of Behavior from the Elaf Islamic Bank WASHINGTON – The Department of the Treasury today lifted sanctions against the…
May 17
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC): “The List of Foreign Financial Institutions Subject to Part 561 (the “Part 561 List”) Name Removal”

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC): “The List of Foreign Financial Institutions Subject to Part 561 (the “Part 561 List”) Name Removal”

The U.S. Department of the Treasury on May 17, 2013 released the following: “5/17/2013 OFFICE OF FOREIGN ASSETS CONTROL Part 561 List Update: The following deletions have been made to OFAC’s Part 561 List: ELAF ISLAMIC…
May 16
The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC): “Treasury Increases Sanctions Against Syria”

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC): “Treasury Increases Sanctions Against Syria”

The U.S. Department of the Treasury on May 16, 2013 released the following: “Action Targets Senior Syrian Officials as well as Companies Supporting the Government of Syria and Linked to Iran’s IRGC-QF and Hizballah WASHINGTON…

Rank this Week: 59

BeyondVC

Covers entrepreneurship, venture capital, technology, investing, and globalizaiton. By Ed Sim.

http://www.beyondvc.com/

May 17
Branding first starts with your team

Branding first starts with your team

External branding starts with developing a consistent, internal message first. When you think of branding and positioning, remember that your first line of offense and the most important representation of your company comes from your…
Jan 15
Camping out and closing deal

Camping out and closing deal

I am sure you can see a common thread in many of my recent posts - Sales, Sales, Sales! I don't care how great your product is because without an ability to articulate the value proposition succinctly, tell the world about it in a…
Sep 28
Cutco Knives and startup

Cutco Knives and startup

When I worked for Cutco Knives one summer in college selling the world's finest cutlery, my dream was to sell the Homemaker +8 at every meeting. It was the Rolls Royce of knife sets and in every sales call I had, I always tried to flog the…

Rank this Week: 1562

Mortgage Fraud Blog

Covers mortgage fraud information, fraud schemes and indictments. By Rachel Dollar.

http://www.mortgagefraudblog.com

May 17
Sales Manager Admits Bribing Loan Officer

Sales Manager Admits Bribing Loan Officer

Jason Sterlino, 34, Hercules, California, pleaded guilty in federal court in San Francisco, California, to paying bribes to a bank official in order to procure residential mortgage loans. Sterlino was employed as a sales manager for Discovery…
May 17
Real Estate Attorney Admits Loan Fraud Scheme

Real Estate Attorney Admits Loan Fraud Scheme

Stanley A. Walton, 54, Las Vegas, Nevada, an attorney, has pleaded guilty to a charge brought against him in February 2011 that he participated in a scheme to obtain mortgage loans from financial institutions using straw buyers and false loan…
May 16
Lawyer Admits Lying to Further Real Estate Scam

Lawyer Admits Lying to Further Real Estate Scam

United States Attorney Bill Nettles stated today that Scott C. Allmon, age 38, of Easley, South Carolina, pled guilty today in federal court in Anderson to making false statements in connection with a real estate investment scheme, a…

Rank this Week: 2

Mortgage Crisis Watch

Covers business and legal issues affecting loan repurchases, mortgage-backed securities and mortgage insurance. By Bilzin Sumberg.

http://www.mortgagecrisiswatch.com/

May 17
Loan Modification and the Failure to Mitigate Damage

Loan Modification and the Failure to Mitigate Damage

Freddie Mac Streamlined Modification Freddie Mac has announced the immediate implementation of its Streamlined Modification program, a no-document modification program offered to severely delinquent borrowers. The implementation of…
Apr 19
Bank of America Settles Class Action Brought By Mortgage Investor

Bank of America Settles Class Action Brought By Mortgage Investor

$40 Billion Settlement Bank of America has agreed to settle a class-action lawsuit brought by investors who claimed they were misled by its Countrywide unit into buying risky mortgage securities. Bank of America acquired Countrywide…
Apr 17
TBTF Servicing: Another Issue for Originators to Consider

TBTF Servicing: Another Issue for Originators to Consider

Shocking Statistics from Foreclosure Review As widely reported recently, close to 1.2 million borrowers (about 30% of the more than 3.9 million households that faced foreclosure proceedings by the 11 leading financial institutions in 2009 and…

Rank this Week: 1797

Securities Law Blog

Features news, commentary and thoughts on the law of the securities markets. By Mark Astarita.

http://seclaw.blogspot.com/

May 17
FL Court Rules Statute of Limitations Apply in Arbitration

FL Court Rules Statute of Limitations Apply in Arbitration

We finally have a ruling on the questionable argument that is often advanced that the statute of limitations does not apply in arbitration. The argument is premised on a contorted interpretation of a Florida statute and requires one to…
May 14
SEC, FINRA Issue Investor Alert On Pension or Settlement Income Stream

SEC, FINRA Issue Investor Alert On Pension or Settlement Income Stream

The SEC and FINRA issued an investor alert entitled Pension or Settlement Income Streams – What You Need to Know Before Buying or Selling Them. The investor alert informs investors about the risks involved when selling their rights to…
Apr 23
FINRA Wants Your Facebook Account

FINRA Wants Your Facebook Account

You read that right, just as the SEC is embracing social media, FINRA wants access to brokers' Facebook accounts.We all know that an employer's demand for access to an employees Facebook account is illegal in many states, and probably illegal…

Rank this Week: 1469

TheCorporateCounsel.net Blog

Covers corporate and securities law. By Broc Romanek.

http://www.thecorporatecounsel.net/Blog/

May 17
The SEC Staff Speaks on Whistleblower Development

The SEC Staff Speaks on Whistleblower Development

The SEC Staff Speaks on Whistleblower Developments In this half-hour podcast, Sean McKessy, Chief of the SEC's Office of the Whistleblower brings us up-to-date on what is happening in his Office, including: - How do you like the job so...
May 16
Corp Fin's New Director: The Mighty Keith Higgins! (& Lona Nallengara Becomes SEC's Chief of Staff)

Corp Fin's New Director: The Mighty Keith Higgins! (& Lona Nallengara Becomes SEC's Chief of Staff)

Corp Fin's New Director: The Mighty Keith Higgins! (& Lona Nallengara Becomes SEC's Chief of Staff) It couldn't happen to two nicer guys. Keith Higgins was tapped yesterday to become Corp Fin's Director - and Acting Director Lona…
May 15
Our New "Internal Controls Disclosure Handbook"

Our New "Internal Controls Disclosure Handbook"

Our New "Internal Controls Disclosure Handbook" Spanking brand new. Posted in our "Internal Controls" Practice Area, this comprehensive "Internal Controls Disclosure Handbook" provides a heap of practical…

Rank this Week: 371

Blog y Lana finanzas personales…

Blog y Lana finanzas personales que se entienden

Porque de nada sirve ganar mucho dinero si no sabemos mantenerlo en nuestra bolsa. Finanzas personales que se entienden.

http://www.blogylana.com/

May 17
Vocación Profesional: vale la pena encontrarla Podcast #105

Vocación Profesional: vale la pena encontrarla Podcast #105

Encontrar la vocación profesional no es fácil, y puede tardar muchos años (como fue mi caso) pero ¿saben qué? NUNCA hay que dejar de buscarla porque trabajar en lo que te encanta es la fórmula segura…
May 15
Sin gastar dinero: 25 cosas diferentes que hacer

Sin gastar dinero: 25 cosas diferentes que hacer

No siempre es necesario gastar dinero para hacer algo divertido, entretenido, diferente o especial. Prueba algunas de estas 25 cosas y ¡te reto a que me desmientas! Jajaja 1. Limpiar objetos viejos para revivirlos (brochas de…
May 13
Como emprender sin descalabrar tu cartera

Como emprender sin descalabrar tu cartera

Uno de los más grandes temores a la hora de animarse a emprender es LA LANA. ¿Cómo emprender si no tengo mucho dinero? o, tengo dinero, pero ¿y si se acaba? Por supuesto que en este mundo no hay nada garantizado,…

Rank this Week: 702

Broke and Broker

Covers the Wall Street docket of criminal, civil, regulatory, and arbitration cases. By Bill Singer.

http://brokeandbroker.com/index.php

May 16
Weekend Update by Bill Singer of BrokeAndBroker.com

Weekend Update by Bill Singer of BrokeAndBroker.com

The $2.6 Million Question In Goldman Sachs Suitability ArbitrationFINRA arbitration Decisions tend to be unanimous, but, with increasing frequency, we are seeing decisions by two of three arbitrators -- and ther...Read OnPublic Customer…
May 16
The $2.6 Million Question In Goldman Sachs Suitability Arbitration

The $2.6 Million Question In Goldman Sachs Suitability Arbitration

FINRA arbitration Decisions tend to be unanimous, but, with increasing frequency, we are seeing decisions by two of three arbitrators -- and there has been an increasing number of written dissents published. Although it would be…
May 16
Public Customer Wins Messy Private Placement Arbitration

Public Customer Wins Messy Private Placement Arbitration

In a Financial Industry Regulatory Authority (“FINRA”) Arbitration Statement of Claim filed in November 2011, Claimant Process Engineering Services asserted breaches of contract and fiduciary duty, misrepresentation, and omission of…

Rank this Week: 887

Florida Banking Law Blog

Covers legal developments impacting banking, finance and loan enforcement in Florida. By Rogers Towers, PA.

http://www.floridabankinglawblog.com/

May 16
Magistrates to Handle Florida Residential Foreclosure Actions – Florida Supreme Court Amends Rule 1.490 and Significantly Changes Landscape of Residential Foreclosure Litigation

Magistrates to Handle Florida Residential Foreclosure Actions – Florida Supreme Court Amends Rule 1.490 and Significantly Changes Landscape of Residential Foreclosure Litigation

Authored by Scott St. Amand and Douglas L. Waldorf, Jr. of Rogers TowersIt is no secret that Florida consistently ranks among the worst states in the union in regards to the mire of the residential mortgage foreclosure case backlog. From 2007…
May 9
What can Twinkies and Beer Teach Investors about Purchasing the Assets of an Insolvent Corporation?

What can Twinkies and Beer Teach Investors about Purchasing the Assets of an Insolvent Corporation?

Authored by Scott St. Amand and J. Ellsworth Summers, Jr. of Rogers TowersWhen Hostess announced last November that it would be shutting the doors to its factories, spooked by the news and likely addled by decades of cream filling, hoarders…
May 7
A Lesson from the Lumber Yard: Middle District of Florida Raises Particularity Requirement for Trustee Standing in § 549 Avoidance Action

A Lesson from the Lumber Yard: Middle District of Florida Raises Particularity Requirement for Trustee Standing in § 549 Avoidance Action

Authored by J. Ellsworth Summers, Jr. and Scott St. Amand of Rogers TowersOne of the primary roles of a Chapter 7 trustee is to ensure that the bankruptcy estate is preserved prior to liquidation. It is no wonder, then, that the…

Rank this Week: 1256

Bank Lawyer's Blog

Covers accounting/auditing, commercial lending, credit unions, electronic banking, privacy, RESPA and stocks. By Kevin Funnell.

http://www.banklawyersblog.com/3_bank_lawyers/

May 15
There Ain't No "There," There

There Ain't No "There," There

Last week, an article by Andy Peters in the American Banker hit a nerve. It profiled a California bank that had tried to make small dollar loans work as an alternative to payday lending, but had decided to give up...
May 14
Waters Attacked By Sudden Fit Of Reason

Waters Attacked By Sudden Fit Of Reason

This past weekend, The New York Times set out to rehabilitate in the minds of community bankers the image of a woman whose performance in a congressional hearing was once described by The Atlantic's Megan McArdle as "like watching…
May 12
Camden Fine Fires Off A Fine Salvo

Camden Fine Fires Off A Fine Salvo

In recent opinion piece for Bloomberg News, ICBA CEO Camden Fine was in fine fettle, ranting about his favorite topic: new regulatory burdens are strangling community while the largest banks are doing just fine, thank you very much. Among…

Rank this Week: 288

NC Business & Banking Law Blog

Legal news and analysis on matters affecting financial institutions and other businesses, with an emphasis on North Carolina. By Matt Cordell.

http://bizlawnc.com/

May 15
Ethical Email for In-House Counsel

Ethical Email for In-House Counsel

When may a lawyer copy or "Reply All" to an opposing party, and when is it prohibited? I wrote an article in The Business Lawyer entitled "Ethical Email for In-House Counsel: What the Ethics Committee of the North Carolina State Bar…
May 13
Pisgah Community Bank in Asheville Seized

Pisgah Community Bank in Asheville Seized

On Friday, May 10, the N.C. Office of the Commissioner of Banks seized Pisgah Community Bank in Asheville, North Carolina, and handed it over to the FDIC as receiver. The FDIC immediately sold the approximately $19.8 million of Pisgah…
Apr 30
Before You're Hacked: Risks Associated With Data Security Breaches And How To Address Them Now

Before You're Hacked: Risks Associated With Data Security Breaches And How To Address Them Now

Don Hankins / Foter.com / CC BYData security breaches continue to increase as a source of financial, legal, and reputational risk for a wide array of businesses. Financial institutions have long been aware of the significant risks they…

Rank this Week: 884

That Credit Union Blog

Covers current issues affecting the credit union industry. By the law firm of Weltman, Weinberg & Reis.

http://thatcreditunionblog.wordpress.com

May 15
Credit Unions Capitalize On Mobile Banking Trend

Credit Unions Capitalize On Mobile Banking Trend

By Angie Picardo It’s no secret that mobile banking has exploded in the past five years. As smartphone and tablet saturation increases, consumers have begun to expect that their financial institution will offer a free mobile application…
May 13
Indirect Lending and the CFPB

Indirect Lending and the CFPB

By Jennifer Monty Rieker, Partner and Amy Clum Holbrook, Partner Earlier this week the Consumer Financial Protection Bureau (CFPB) issued guidelines for how indirect auto lenders can avoid violating the Equal Credit Opportunity Act…
May 9
The Consumer Financial Protection Bureau and Private Student Loan

The Consumer Financial Protection Bureau and Private Student Loan

By Timothy K. Spencer, Attorney Recently, the Consumer Financial Protection Bureau (CFPB) indicated an interest to delve further into overseeing and making recommendations concerning the private student loan market. Chiefly, the Bureau…

Rank this Week: 843

The Venture Alley

Covers business and legal issues for entrepreneurs, startups, venture capitalists and angel investors. By DLA Piper.

http://www.theventurealley.com

May 14
Investigative Crises: Surviving Until Help Arrive

Investigative Crises: Surviving Until Help Arrive

Article prepared by and republished courtesy of our colleagues in the White Collar, Corporate Crime and Investigations practice group of DLA Piper; originally published here:…
May 12
2013 Private Equity Survey Indicates Cautious Optimism

2013 Private Equity Survey Indicates Cautious Optimism

CONTRIBUTED BYMegan Muirmegan.muir@dlapiper.com The 2013 Private Equity Survey of McGladrey, done by the research unit of SourceMedia, indicates growth and optimism in the PE sector although the funds remain cautious about the broader…
May 8
Pitching Angel Investors: Advice from Jonathan Sposato

Pitching Angel Investors: Advice from Jonathan Sposato

CONTRIBUTED BYMegan Muirmegan.muir@dlapiper.com Investor and serial entrepreneur Jonathan Sposato has seen enough startup pitches in his day to know what he likes. In this Geekwire post from earlier this year, he shares…

Rank this Week: 508

InfoBytes Blog

Monitors and reports on news, legal developments and legislative actions affecting the financial services industry. By Buckley Sandler LLP.

http://www.infobytesblog.com/

May 14
Spotlight on the SCRA (Part 2 of 3): Ensuring Compliance

Spotlight on the SCRA (Part 2 of 3): Ensuring Compliance

Recent enforcement activity has demonstrated the agencies have taken to viewing the SCRA as a strict liability statute. This shift in interpretation makes financial institutions legally responsible for compliance with the SCRA. According to…
May 13
Report Indicates FDIC Suing Bank Directors and Officers at Record Pace

Report Indicates FDIC Suing Bank Directors and Officers at Record Pace

On May 8, an economic and financial analysis and consulting firm issued a report that indicates the FDIC is on pace to file more suits against bank directors and officers in 2013 than it has in any year since the start of the financial…
May 13
FINRA Fines Three Broker-Dealers Over AML Compliance Failures, Suspends Executive

FINRA Fines Three Broker-Dealers Over AML Compliance Failures, Suspends Executive

On May 8, FINRA announced that it fined three firms a combined $900,000 and suspended four executives for allegedly failing to establish and implement adequate anti-money laundering programs. Specifically, FINRA claims that…

Rank this Week: 630

Canadian M&A Perspectives

Covers developments in private and public mergers and acquisitions, and private equity. By McCarthy Tetrault.

http://www.canadianmergersacquisitions.com

May 14
You Can’t Always Get What You Want

You Can’t Always Get What You Want

Making realistic projections during an auction processBy Robert Hansen and Shane C. D'Souza The recent Delaware ruling in In Ancestry.com Inc. Shareholder Litigation provides a cautionary tale relating to a target company developing…
May 9
Challenges for State-Owned Enterprises Arising From Proposed Amendments to the Investment Canada Act

Challenges for State-Owned Enterprises Arising From Proposed Amendments to the Investment Canada Act

By Oliver J. Borgers and Michele Siu The Canadian government’s Bill C-60 contains proposed amendments to the Investment Canada Act that will significantly impact foreign investors whom the Canadian government considers as state-owned…
May 6
Ignorance is not bliss: beware minimal due diligence

Ignorance is not bliss: beware minimal due diligence

Lessons from the Quebec Court of AppealBy Martin Boodman and Shane C. D'Souza The Quebec Court of Appeal’s decision in Francoeur v. 4417186 Canada Inc., 2013 QCCA 191, provides a cautionary tale on the dangers of entering into a share…

Rank this Week: 1180

The Swap Report

Covers regulatory and transactional issues related to derivatives. By Reed Smith LLP.

http://www.theswapreport.com/

May 14
A Practical Guide to Lender Compliance with Eligible Contract Participant (ECP) Requirement

A Practical Guide to Lender Compliance with Eligible Contract Participant (ECP) Requirement

By David Surbeck, Reed Smith LLP In the attached piece, David Surbeck of Reed Smith LLP offers practical insights about the documentation of eligible contract participant (ECP) provisions in the context of single bank loan and syndicated…
May 11
CFTC Open Meeting Scheduled for 5/16 at 9:30 a.m. Eastern: Block Sizes, Made Available to Trade, SEFs and Anti-disruptive Trading Practice

CFTC Open Meeting Scheduled for 5/16 at 9:30 a.m. Eastern: Block Sizes, Made Available to Trade, SEFs and Anti-disruptive Trading Practice

The proposed agenda covers: Minimum Block Sizes for Swaps; The "Made Available to Trade" Rule Under section 2(h)(8) of the Commodity Exchange Act and Swap Transaction Compliance and Implementation Schedule; Core…
May 1
A Practical Guide to the Eligible Contract Participant (ECP) Definition: A Q&A for Banks and Borrower

A Practical Guide to the Eligible Contract Participant (ECP) Definition: A Q&A for Banks and Borrower

By Andrew Cross, Crystal Travanti and Tom Watterson of Reed Smith LLP We have prepared the above-referenced guide to the eligible contract participant ("ECP") definition under section 1a(18) of the Commodity Exchange Act ("CEA"). …

Rank this Week: 1331

Pension Risk Matters

Focuses on pension financial risk issues from a governance and fiduciary perspective. Published by Susan M. Mangiero.

http://www.pensionriskmatters.com/

May 13
Economic Indicators to Include Focus on Pension

Economic Indicators to Include Focus on Pension

In what most people would call a significant announcement, the U.S. Bureau of Economic Analysis ("BEA") will begin measuring economic growth this summer by taking public pension finance into account. According to its March 2013 announcement,…
May 8
Pensions and Politic

Pensions and Politic

I have a favorite shirt that gets a few laughs when I wear it. Its message is "Change is good. You go first." That is how I feel when I hear pundits talk about the future of pensions and the need for reform. What I continue to…
May 8
Real Estate Investment Trusts (REITs) and ERISA Plan

Real Estate Investment Trusts (REITs) and ERISA Plan

According to "REITs By The Numbers," published by the National Association of Real Estate Investment Trusts, Inc. ("NAREIT"), real estate is gaining favor with 401(k) investment committees that decide on asset allocation. They write that the…

Rank this Week: 835

Strictly Business

Covers business law for entrepreneurs, emerging companies and the investment management industry. By Alexander J. Davie.

http://blog.alexanderdavie.com/

May 13
The JOBS Act, a Year Later – Part 4: Online Angel Investment Platform

The JOBS Act, a Year Later – Part 4: Online Angel Investment Platform

This post is the fourth in a series examining the impact of the Jumpstart Our Business Startups Act (or JOBS Act) one year after its passage and focuses on the provisions related to online angel investment platforms. In the last post of this…
May 12
Selling Your Business — Practical Tips for Sellers — Part 10: Indemnification (Part One)

Selling Your Business — Practical Tips for Sellers — Part 10: Indemnification (Part One)

This post was jointly written by Casey W. Riggs and Jennifer Wilson. This is part 10 of our series discussing the sale of a business from the seller’s perspective. We’ve covered commencement of a potential deal through…
Apr 29
Working Effectively with Your Lawyer: Five Tips to Effectively Engage and Use Legal Counsel

Working Effectively with Your Lawyer: Five Tips to Effectively Engage and Use Legal Counsel

Like it or not, most business owners will require legal counsel from time to time. In most circumstances, using legal counsel will be in the context of a transaction, like raising capital, buying a competitor, or bringing in a key…

Rank this Week: 495

Financial Industry Review

Covers asset management, litigation, and rating agencies. By Orrick, Herrington & Sutcliffe LLP.

http://blogs.orrick.com/financial/

May 13
European Commission Publishes Proposed Legislative Reforms of EU Bank

European Commission Publishes Proposed Legislative Reforms of EU Bank

On May 6, the European Commission published a roadmap for legislative changes. This follows the October 2012 publication of the Liikanen report, which provided a set of recommendations on banking reform sponsored by…
May 13
Federal Court Dismisses United States Action Against Countrywide In Part

Federal Court Dismisses United States Action Against Countrywide In Part

On May 8, Judge Jed Rakoff of the United States District Court for the Southern District of New York dismissed claims by the United States for damages and civil penalties under the False Claims Act against Countrywide and Bank of…
May 13
District Court Denies Countrywide’s Motion to Dismiss AIG Suit

District Court Denies Countrywide’s Motion to Dismiss AIG Suit

On May 6, Judge Mariana Pfaelzer of the United States District Court for the Central District of California allowed American International Group, Inc. (AIG) to proceed with several of its claims against Bank of America and related entities…

Rank this Week: 479

Australian Regulatory Compliance…

Australian Regulatory Compliance Review

Covers legal and regulatory impacts on Australian businesses. By David Jacobson.

http://www.djacobson.com/australian_regulatory_rev/

May 12
Unfair terms in general insurance contract

Unfair terms in general insurance contract

We've Moved! Update your Reader Now. This feed has moved to: http://www.langes.com.au/australian_regulatory_compliance/feed/ Update your reader now with this changed subscription address to get your latest updates from us.
May 12
Chief Risk Officer requirement for ADIs and insurer

Chief Risk Officer requirement for ADIs and insurer

We've Moved! Update your Reader Now. This feed has moved to: http://www.langes.com.au/australian_regulatory_compliance/feed/ Update your reader now with this changed subscription address to get your latest updates from us.
May 12
Appointing new financial services representative

Appointing new financial services representative

We've Moved! Update your Reader Now. This feed has moved to: http://www.langes.com.au/australian_regulatory_compliance/feed/ Update your reader now with this changed subscription address to get your latest updates from us.

Rank this Week: 154

Investment Fund Law Blog

Provides updates and insights on legal issues facing fund managers and investors. By Pillsbury Winthrop Shaw Pittman LLP.

http://www.investmentfundlawblog.com/

May 9
Best Laid Plans Gone Awry: Practices for Rule 10b5-1 Trading Plan

Best Laid Plans Gone Awry: Practices for Rule 10b5-1 Trading Plan

Written by Sarah A. Good, Cindy V. Schlaefer, Brian M. Wong, Gabriella A. Lombardi and Laura C. Hurtado Rule 10b5-1 trading plans are in the limelight due to investigations initiated by U.S. Attorney’s Offices and the SEC into…
Apr 29
Lifting Ban on Hedge Fund Advertising

Lifting Ban on Hedge Fund Advertising

Today, Jay Gould was interviewed by Deirdre Bolton on Bloomberg TV’s “Money Moves” where Jay discussed lifting the ban on hedge fund advertising.
Apr 16
Private Equity Fund Managers as Unregistered Broker Dealers - Sanctions and Rescission

Private Equity Fund Managers as Unregistered Broker Dealers - Sanctions and Rescission

Written by: Jay Gould On April 8, 2013, we reviewed a recent speech by David Blass, the Chief Counsel of the Division of Trading and Markets of the Securities and Exchange Commission (the “SEC”), in which Mr. Blass provided…

Rank this Week: 1591

North Carolina Business Litigation…

North Carolina Business Litigation Report

Reports on judicial decisions of significance to business and shareholders. By Mack Sperling of Brooks Pierce LLP.

http://www.ncbusinesslitigationreport.com/

May 7
Claims For Legal Malpractice Aren't Assignable In North Carolina

Claims For Legal Malpractice Aren't Assignable In North Carolina

Maybe you've wondered whether a claim for legal malpractice can be assigned. Maybe you haven't. But yesterday, the North Carolina Court of Appeals answered that question. In Revolutionary Concepts, Inc. v. Clements Walker PLLC, the…
May 1
Fourth Circuit Takes A Narrow View On Recovery Of E-Discovery Cost

Fourth Circuit Takes A Narrow View On Recovery Of E-Discovery Cost

You've undoubtedly prevailed in a federal case -- either at summary judgment or after a trial -- and you have probably struggled with what you are entitled to recover as costs under 28 U.S.C. §1920. And recently, your client,…
Apr 29
Arbitration Compelled Based On Unsigned Arbitration Agreement

Arbitration Compelled Based On Unsigned Arbitration Agreement

If you were thinking that an arbitration agreement needs to be signed in order to get an order compelling arbitration, your world may have been turned on its ear by the Order from the Business Court last week in Morton v. Ivey, McClellan,…

Rank this Week: 875

Al-Mirsal

Covers Middle East banking and finance law. By Latham & Watkins LLP.

http://www.al-mirsal.com/

Apr 30
How new UAE Competition Law will impact businesse

How new UAE Competition Law will impact businesse

The expiration date is looming for the six month transitional period granted to the Federal Law No. 4 of 2012 (the “Competition Law”) On 23 February 2013, the new Competition Law came into force in the UAE, prohibiting certain…
Apr 11
How New UAE Competition Law Will Impact Businesse

How New UAE Competition Law Will Impact Businesse

The expiration date is looming for the six month transitional period granted to the Federal Law No. 4 of 2012 (the “Competition Law”) On 23 February 2013, the new Competition Law came into force in the UAE, prohibiting certain…
Feb 26
K.A.CARE Sheds Light on Renewable Energy Program

K.A.CARE Sheds Light on Renewable Energy Program

The King Abdullah City for Atomic and Renewable Energy (K.A.CARE) has recently published its consultation white paper for the “Proposed Competitive Procurement Process for the Renewable Energy Program.” The paper outlines the…

Rank this Week: 3750

Cosgrove Law Securities and…

Cosgrove Law Securities and Investment Blog

News and commentary on the latest securities and investment developments.

http://securitiesandinvestmentblog.blogspot.com/

Apr 29
The Use of Social Media for Investment Advice. The Struggle Between Employee Privacy Laws and Investor Protection

The Use of Social Media for Investment Advice. The Struggle Between Employee Privacy Laws and Investor Protection

The landscape of communication has changed drastically in the past decade. Information has the capability of widespread reach through the use of various sources. In particular, social media has become an important channel of…
Apr 16
Second Circuit Finds That SEC is Immune from Lawsuit by Bernie Madoff Victim

Second Circuit Finds That SEC is Immune from Lawsuit by Bernie Madoff Victim

In Molchatsky, et al. v. United States, 11-2510-cv(L), the Plaintiffs sought to hold the United States liable for SEC employees’ failure to detect Bernard Madoff’s Ponzi scheme and for the financial losses that Plaintiffs claim…
Apr 12
Did Your Attorney Have the Authority to Settle Your Lawsuit

Did Your Attorney Have the Authority to Settle Your Lawsuit

If parties to a lawsuit dispute whether a valid settlement agreement was entered into, the party purporting that an agreement was made may file a motion to enforce the agreement with the court. Vulgamott v. Perm, 154 S.W.3d 382, 387 (Mo. App.…

Rank this Week: 2125

Banking Law Update

Provides updates and commentary on developments in law affecting banks and financial institutions. By Verrill Dana LLP.

http://www.bankinglawupdate.com/

Apr 24
CFPB Issues Bulletin On ECOA Risks In Indirect Auto Lending

CFPB Issues Bulletin On ECOA Risks In Indirect Auto Lending

The Consumer Financial Protection Bureau (“CFPB”) recently issued a compliance bulletin warning financial institutions that they may face potential liability as indirect lenders for fair lending violations in the process of making…
Apr 12
CFPB Issues Small Entity Compliance Guide on Ability-to-Repay and Qualified Mortgage Rule

CFPB Issues Small Entity Compliance Guide on Ability-to-Repay and Qualified Mortgage Rule

The Consumer Financial Protection Bureau (“CFPB”) recently issued a Small Entity Compliance Guide on the Ability-to-Repay and Qualified Mortgage Rule (the “Rule”). The Rule was issued under Dodd-Frank. The Guide…
Apr 10
Federal Agencies Publish Guidance on Leveraged Lending

Federal Agencies Publish Guidance on Leveraged Lending

The FDIC, Federal Reserve, and OCC have issued joint guidance on the practice of leveraged lending (the “Guidance”). Although definitions of “leveraged lending” vary, generally speaking the practice involves the…

Rank this Week: 3534

Financial Regulatory Report

Covers financial services regulation, compliance, enforcement and litigation. By Reed Smith LLP.

http://www.financialregulatoryreport.com/

Apr 23
CFPB Issues Guidance on Mortgage Servicing Transfers (CFPB Bulletin 2013-1)

CFPB Issues Guidance on Mortgage Servicing Transfers (CFPB Bulletin 2013-1)

This posting was written by Travis P. Nelson. Our colleague in the Financial Industry Group, Colleen H. McDonald, recently wrote about a Guidance issued by the Consumer Financial Protection Bureau (CFPB) on mortgage servicing transfers. With…
Mar 14
Reed Smith to Present on New CFPB Residential Mortgage Regulations at Pennsylvania Bankers Association Seminar in Harrisburg

Reed Smith to Present on New CFPB Residential Mortgage Regulations at Pennsylvania Bankers Association Seminar in Harrisburg

This posting was written by Leonard A. Bernstein. On Wednesday, April 3, 2013, Leonard A. Bernstein and Robert M. Jaworski will be speaking at the Pennsylvania Bankers Association’s (PBA) Mortgage Regulation Revolution Seminar at…
Feb 13
Reed Smith's James Burns Discusses Recent NLRB Attacks on Bank Workplace Policie

Reed Smith's James Burns Discusses Recent NLRB Attacks on Bank Workplace Policie

This posting was written by Travis P. Nelson. In a recent article appearing in Illinois Banker magazine, “Beyond Social Media Policies: Have Other Common Employer Policies and Practices Been Struck Down by the National Labor Relations…

Rank this Week: 1570

Lenders 360.

Covers business and legal issues affecting the financial services industry. By Winstead PC.

http://www.lenders360blog.com

Apr 16
Foreclosure Tip #1: Inspections – Do It Before You Own It

Foreclosure Tip #1: Inspections – Do It Before You Own It

In some parts of the country, a recovering local economy means the special asset (or problem loan) groups are reducing staff, as loan production groups come back to life. Leaving the special asset group under-staffed could be a mistake…
Apr 3
Refresh Your Mortgage Loan Documents with these Tech Topic

Refresh Your Mortgage Loan Documents with these Tech Topic

Most commercial real estate loan documents give meaning to the phrase “real estate is old as dirt.” Why? Because just as dirt doesn’t change, commercial mortgage loan documents largely ignore the impact of technology…
Mar 26
Business Focus on Connections & Information Ignores . . . Lawyer

Business Focus on Connections & Information Ignores . . . Lawyer

As I look around the business landscape, much of the focus of company growth seems to center on leveraging the internet for greater connections (with their trading partners) and for more information (“big data”). It’s a…

Rank this Week: 1527

Special Assets Lawyer Blog

Covers bankruptcy, foreclosure, loan workouts and receiverships. By Richard A. Rogan.

http://www.specialassetslawyer.com/

Apr 12
Dick Rogan to Speak at SAMA Conference

Dick Rogan to Speak at SAMA Conference

I will be a panelist discussing "Specialized Loan Workouts" at the upcoming 4th Annual Special Assets Management Association conference to be held next week at the Santa Barbara Biltmore Hotel. My fellow panelists are the highly capable…
Apr 5
Can a Plan of Reorganization Separately Classify a Claim That Is Personally Guaranteed?

Can a Plan of Reorganization Separately Classify a Claim That Is Personally Guaranteed?

Recently, we've been seeing debtors try to confirm cram down plans of reorganization that are unfavorable to the secured creditor by "gerrymandering" the class of unsecured claims. The typical situation finds the secured creditor holding an…
Feb 12
Lenders: Beware of the Arizona "Two-Dollar Bankruptcy"

Lenders: Beware of the Arizona "Two-Dollar Bankruptcy"

Recently, my partner, Matt Kenefick, obtained a large judgment here in California against an Arizona resident. The desert rat refused to pay up voluntarily, hiding behind Arizona's unique and highly protective community property laws. The…

Rank this Week: 3634

Financial Industry Recovery Center

Covers the financial crisis. By Hunton & Williams.

http://www.huntonfinancialindustryrecovery.com/

Apr 11
SEC and CFTC Adopt Rules on Red Flags and Identity Theft

SEC and CFTC Adopt Rules on Red Flags and Identity Theft

On April 10, 2013, the Securities and Exchange Commission (“SEC”) and the Commodity Futures Trading Commission (“CFTC”) jointly adopted rules that require broker-dealers, mutual funds, investment advisers and certain…
Jan 22
The Essentials: The CFPB's Final "Ability-to-Repay/Qualified Mortgage" Rule

The Essentials: The CFPB's Final "Ability-to-Repay/Qualified Mortgage" Rule

On January 10, 2013, the Consumer Financial Protection Bureau (the “CFPB”) issued final rules (the “Ability-to-Repay Rules”) amending Regulation Z under the Truth in Lending Act (“TILA”) to implement the…
Jan 15
Consumer Financial Protection Bureau Releases Final "Ability-to-Repay/Qualified Mortgage" Rule

Consumer Financial Protection Bureau Releases Final "Ability-to-Repay/Qualified Mortgage" Rule

On January 10, 2013, the Consumer Financial Protection Bureau (CFPB) released its final “Ability-to-Repay/Qualified Mortgage” rules. The rules and the concurrent proposed amendments were posted on the CFPB’s website…

Rank this Week: 2039

Banking Law Prof Blog

By Professor Ann Graham.

http://lawprofessors.typepad.com/banking/

Apr 4
Early Jail Release for Enron's Jeff Skilling?

Early Jail Release for Enron's Jeff Skilling?

The Enron collapse in 2001 remains a significant example of greed run amok and corporate governance standards in complete rout. The Enron scandal led directly to passage of the Sarbanes Oxley Act (SOX) in 2002. Now the Justice Department…
Apr 3
Pay Corporate Directors Like CEOs - Does "Aligning Incentives" Really Work?

Pay Corporate Directors Like CEOs - Does "Aligning Incentives" Really Work?

Is this a new trend -- and is it likely to improve long-term profitability of publicly traded corporations? Or will it create a new compensation "arms race"? Two hedge funds are promising their director nominees compensation tied to…
Apr 2
Fannie Mae and Freddie Mac - Update

Fannie Mae and Freddie Mac - Update

The Secondary Mortgage Market giants Fannie Mae and Freddie Mac are back to making big profits. A significant question is whether, when, and how to scale back government involvement in the U.S. housing market through these two Government…

Rank this Week: 1248

The Journal of the Business Law…

The Journal of the Business Law Society

Covers recent developments affecting business law . By the students of the University of Illinois College of Law.

http://www.law.uiuc.edu/bljournal/

Mar 26
Entrepreneurship in Brazil

Entrepreneurship in Brazil

Bolivians, mainly members of affected indigenous groups, protested the Brazilian construction company OAS’s project to build a road through a remote Bolivian indigenous territory. Meanwhile, citizens of Argentina, Paraguay, and…
Feb 23
Entrepreneurship in Turkey

Entrepreneurship in Turkey

Although Turkey is often considered an emerging market, and indeed has many positive attributes that make it an attractive place to invest and do business, it is not a hotbed of entrepreneurship; and until it receives more governmental and…
Dec 7
Shadow banking: Help is on the Way

Shadow banking: Help is on the Way

Despite being recognized as a primary culprit of the financial crisis, shadow banking has continued to flourish. According to the Financial Stability Board (FSB), shadow banking has grown since the onset of the crisis from $62 trillion…

Rank this Week: 1808

Redeye VC

Offers a view of startup ecosystem. By Josh Kopelman.

http://redeye.firstround.com/

Mar 19
Six months in Philly

Six months in Philly

It’s been a little over six months since we moved our headquarters into the city of Philadelphia. And boy has a lot happened since then: We announced the Dorm Room Fund here in Philadelphia. We received interest from over 700...
Mar 4
First Round Capital is Hiring: Platform Experience and Operations Manager

First Round Capital is Hiring: Platform Experience and Operations Manager

First Round Capital is an entirely new kind of venture firm built from the ground up to help the world's best entrepreneurs build better companies. One of our key tools to deliver on this promise is crafting incredible in person...
Feb 6
Hiring Female Engineer

Hiring Female Engineer

We host 50+ events for our portfolio companies a year -- and historically we've held off on sharing the content widely, since we viewed it as a benefit that came from being a member of the First Round Capital community....

Rank this Week: 4244

Southeast VC

Covers businesses, trends, technology and venture investing in the Southeast. By Jason Caplain.

http://southeastvc.blogs.com/southeast_vc/

Mar 15
SEVC - Quick Recap

SEVC - Quick Recap

David and I spent the last 2 days at the Southeast Venture Conference. The 7th annual conference was in Charlotte for the first time. The conference was completely sold out and I was told there was a long waiting list....
Mar 5
Southeast Venture Conference - Charlotte

Southeast Venture Conference - Charlotte

We're looking forward to the 2 day Southeast Venture Conference, which will be held next week in Charlotte. It is the first time Charlotte has hosted SEVC. I was in Charlotte yesterday for a few hours and there is definitely...
Dec 31
Andreessen Horowitz, NEA, Intel and Grotech Coming to Raleigh for Entrepreneurs' Serie

Andreessen Horowitz, NEA, Intel and Grotech Coming to Raleigh for Entrepreneurs' Serie

Join us for Entrepreneurs' Series: Venture Outlook in Raleigh the morning of January 30th. Check out the lineup and to register here. Panelists include: Jed Carlson, President and Co-Founder, ReverbNation Brian Carney, Principal, Harbert Andy…

Rank this Week: 1251

Covers the legal ramifications of financial fraud related to multinational corporations, multinational financial institutions, foreign governments, foreign officials and high-profile individuals in sensitive regulatory, civil and international criminal matters. By Michael Diaz, Jr.

http://www.michaeldiazjr.com

Mar 11
U.S. Federal Judge Denies Dismissal of U.S. Auto Dealer’s Lawsuit Against Indian Truck Manufacturer Mahindra

U.S. Federal Judge Denies Dismissal of U.S. Auto Dealer’s Lawsuit Against Indian Truck Manufacturer Mahindra

Mahindra duped hundreds of U.S. auto dealers and walked away with more than $60 million in cash and trade secrets. A federal lawsuit was filed in June 2012 against Mahindra & Mahindra, Ltd, and Mahindra USA, Inc., by dealerships in New…
Feb 13
Novel Approaches To U.S. Investor Visas Opening New Opportunities.

Novel Approaches To U.S. Investor Visas Opening New Opportunities.

Perhaps the most direct and efficient way to obtain residency in the United States, if you have the resources, is through an EB5, or “investment” visa. A recent news item reports that a hotelier in Miami Beach is taking an…
Feb 4
Bob Targ to speak at the International Symposium on Economic Crime, Cambridge, UK | Fall 2013

Bob Targ to speak at the International Symposium on Economic Crime, Cambridge, UK | Fall 2013

The threats of serious financial crime and abuse in both the public and private sector are many. The resources that can be deployed in protecting both economies and institutions are best placed by taking preventive measures. However, in…

Rank this Week: 1727

Financial Institutions Law Blog

Covers issues such as usury, form compliance for federal and state consumer transactions, UCC and securitization issues. By Sheppard Mullin.

http://www.financialinstitutionlawblog.com/

Feb 4
California Court Holds That Borrowers May Enjoin A Foreclosure If A Lender Fails To Meet Servicing Guideline

California Court Holds That Borrowers May Enjoin A Foreclosure If A Lender Fails To Meet Servicing Guideline

By Alejandro E. Moreno and Shannon Z. Petersen In Pfeiffer v. Countrywide Home Loans, --- Cal.Rptr.3d ----, 2012 WL 6216039 (Dec. 13, 2012), mortgage borrowers filed a damages claim against a trustee for violating the…
Dec 12
California Homeowner Bill of Rights: A New Mortgage Law For The New Year

California Homeowner Bill of Rights: A New Mortgage Law For The New Year

By Mark Rackers, Alejandro Moreno, and Shannon Petersen The California Homeowner Bill of Rights (“HBR”) goes into effect on January 1, 2013. The HBR revamps California’s non-judicial…
Oct 16
TILA Does Not Require A Loan Servicer To Identify Who Owns A Loan, Unless The Servicer Owns The Loan By Assignment

TILA Does Not Require A Loan Servicer To Identify Who Owns A Loan, Unless The Servicer Owns The Loan By Assignment

By Alejandro Moreno and Shannon Petersen

Rank this Week: 3821

Current Issues in Credit Unions

Covers credit unions and the issues they face daily. Hosted by Brian Witt, Guy Messick, Gwen Baker and Robert Rutkowski.

http://ciicu.libsyn.com

Dec 31
Best of CIiCU December 2012

Best of CIiCU December 2012

We took December off so I give you a "best of" created by Victor, our loyal producer.
Nov 30
Current Issues in Credit Union #76.

Current Issues in Credit Union #76.

Hal, Guy, Katherine & Rob bring you this month's topics.
Oct 30
Current Issues in Credit Unions Episode 75.

Current Issues in Credit Unions Episode 75.

Live from the NAFCU Compliance Conference in Seattle Washington.

Rank this Week: 1547

The Reverse Merger & SPAC Blog

nsights on reverse mergers, special purpose acquisition companies (SPACs), and other alternatives to initial public offerings (IPOs). By David Feldman.

http://reversemergerblog.com

Nov 26
Flash: Schapiro Stepping Down as SEC Chair

Flash: Schapiro Stepping Down as SEC Chair

SEC Chairman Mary Schapiro announced this morning that she is leaving her job effective December 14. This was widely expected. The short span from announcement to departure was not as widely expected. Rumors floating name a Treasury…
Nov 23
Reverse Merger Market Improving

Reverse Merger Market Improving

We learn from the latest DealFlow Report that November has already been the best month for reverse mergers since June. Eight deals have already been completed this month. If one more gets done then it will tie November of last year.
Nov 17
The (Good?) Old Days Part VI – Speech Recognition

The (Good?) Old Days Part VI – Speech Recognition

As I try to be slightly ahead of the curve I am here to say that much is about to change in the world of technology in the 10 or so years to come. Namely: thanks in part to Apple’s dive into the speech recognition software world with the…

Rank this Week: 1715

Bank D&O Liability Law Blog

Covers bank director and officer liability. By Jennings, Strouss & Salmon, PLC.

http://www.bankdandolaw.com/

Nov 5
FDIC Issues List of Banks Examined for CRA Compliance

FDIC Issues List of Banks Examined for CRA Compliance

The Federal Deposit Insurance Corporation (FDIC) today issued its list of state nonmember banks recently evaluated for compliance with the Community Reinvestment Act (CRA). The list covers evaluation ratings that the FDIC assigned to…
Nov 2
Centennial Bank, Conway, Arkansas, Assumes All of the Deposits of Heritage Bank of Florida, Lutz, Florida

Centennial Bank, Conway, Arkansas, Assumes All of the Deposits of Heritage Bank of Florida, Lutz, Florida

Heritage Bank of Florida, Lutz, Florida, was closed today by the Florida Office of Financial Regulation, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC ent
Nov 2
Heartland Bank and Trust Company, Bloomington, Illinois, Assumes All of the Deposits of Citizens First National Bank, Princeton, Illinoi

Heartland Bank and Trust Company, Bloomington, Illinois, Assumes All of the Deposits of Citizens First National Bank, Princeton, Illinoi

Citizens First National Bank, Princeton, Illinois, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered…

Rank this Week: 1434

Broken Bench Bytes

Covers decisions affecting corporate bankruptcy, restructuring and turnarounds. By Kramer Levin.

http://blogs.kramerlevin.com/brokenbenchbytes/

Oct 23
Forget About Buying Your Way Out of “Cramdown” in the Ninth Circuit

Forget About Buying Your Way Out of “Cramdown” in the Ninth Circuit

The Bottom Line: The Bankruptcy Appellate Panel for United States Court of Appeals for the Ninth Circuit (the “BAP”) affirmed that a creditor failed to show cause to change the vote of a purchased claim in order to prevent the…
Oct 23
Trademark Licensees Do Not Need the Protection of Section 365(n) to Continue to Use Property Post-Rejection

Trademark Licensees Do Not Need the Protection of Section 365(n) to Continue to Use Property Post-Rejection

The Bottom Line: Intellectual property licenses are often crucial components of licensees' businesses, and despite Congress's adoption of section 365(n) of the Bankruptcy Code and its provision that licensees can continue to use licensed…
Jul 23
Channel Surfing – A Look at Recent Circuit Decisions on 524(g) Channeling Injunction

Channel Surfing – A Look at Recent Circuit Decisions on 524(g) Channeling Injunction

Channel 1 – Thorpe Insulation Addresses Insurer Standing to Object to Plan and Assignability of Insurance Contracts to Plan Trusts Bottom Line: Our first case discusses whether provisions of a chapter 11 plan were “insurance neutral”…

Rank this Week: 5052

Lending Law Report

Covers corporate financial transactions. By Reed Smith LLP.

http://www.lendinglawreport.com/

Oct 22
Commercial Tort Claims as Collateral

Commercial Tort Claims as Collateral

This post was written by Reed Smith lawyers Susan Alker and Jonathan Riley. For those of you who have always wondered what a "commercial tort claim" is, and what to do when you have one, today's the day you'll get your answer.
Oct 11
Loan Participations - Are You Diligent Enough?

Loan Participations - Are You Diligent Enough?

This post was written by Reed Smith lawyers Susan Alker and Abbey Mansfield.
Aug 15
The Thrill of Cross-Border Work

The Thrill of Cross-Border Work

When I was in law school, everyone wanted to do "international" work.

Rank this Week: 4428

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