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23 Jan 2012, 1:11 am by Kevin LaCroix
The FDIC’s assertion of claims against the spouses is an illustration of the importance of the language found in many D&O policies which extends the definition of the term “Insured Persons” to include the spouses or domestic partners of the insured entity’s directors and officers, but only to the extent the spouses or partners is a party to a claim as a spouse to the director or officer. [read post]
13 Apr 2012, 7:24 am
Most bankruptcy cases attempting to avoid foreclosure are cases involving mortgage debt, not judgment debt, so the circumstances and defenses were different in Walters v. [read post]
The Supreme Court of Canada dismissed an application for leave Thursday in the case of Gwendolyn Louise Deegan v. [read post]
23 Sep 2008, 7:15 pm by Glenn R. Reiser
A bank employee who misappropriates a customer's cash deposit can expose the bank to a claim under the New Jersey Consumer Fraud Act, a NJ appeals court ruled in Lee v. [read post]
30 Jun 2010, 7:21 pm by Brendon Tavelli
District Court of the Southern District of New York granted summary judgment to The Bank of New York Mellon Corp. in Hammond v. [read post]
The UPI system is a real-time payment system developed by the NPCI for inter-bank peer-to-peer and person-to-merchant transactions. [read post]