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25 Aug 2009, 2:28 pm
Judge Rakoff still isn't satisfied with the explanations given to him by the SEC and the Bank of America about the settlement involving the disclosure (or lack thereof) of Merrill bonuses in the BofA proxy statement. [read post]
23 Nov 2009, 3:41 am
Bank of America may extend its search for a new chief executive into next year if its board is unable to pick a candidate in the next four days, Bloomberg News reported. [read post]
9 Sep 2009, 3:35 pm
The WSJ reports that Bank of America has responded by letter to the New York AG's charges that its proxy statement in connection with the Merrill Lynch merger was misleading and that it was hiding behind the attorney-client privilege. [read post]
28 Sep 2009, 3:44 pm
Ohio's attorney general, Richard Cordray, said Monday that investors in his class-action lawsuit against Bank of America were trying to collect billions of dollars in damages resulting from the Merrill Lynch takeover. [read post]
18 Oct 2011, 7:37 am by buslawblogger
At the end of the second quarter, Goldman Sachs reported a $1.85 per share earnings and Bank of America reported a per share decrease of $.99 after an $8.8 billion loss. [read post]
16 Oct 2010, 2:35 pm by InternationalLaw Blogger
The Governments of the United States of America and the Republic of Costa Rica, the Central Bank of Costa Rica, and The Nature Conservancy have concluded agreements that will provide more than $27 million over the next 15 years for... [read post]
13 Jul 2009, 3:25 am
Bank of America is trying to avoid paying billions of dollars in fees to U.S. taxpayers for guarantees against losses at Merrill Lynch, saying the rescue agreement was never signed and the funds never used, Bloomberg News reported. [read post]
27 Aug 2009, 3:02 am
Robert McCann, ex-head of Merrill Lynch's wealth management unit, is in talks to settle a suit he filed August 24 against Bank of America seeking to lift a noncompete clause, Reuters reported. [read post]
12 Jul 2010, 3:49 am by By DEALBOOK
The Blackstone Group is taking over the management of the more than $2 billion Bank of America-Merrill Lynch Asian real estate fund, in a deal that will close in the third quarter, according to press reports. [read post]
6 Jan 2009, 8:04 am
Another strange twist in the collapse of Heller Ehrman: A paperwork slipup by its main lender could cost Bank of America and Citibank $51 million in debt Heller already has repaid to both. [read post]
12 Jul 2010, 7:01 am by Mark J. Astarita, Esq.
Bank of America Corp. has told federal regulators that it made six trades from 2007 to early 2009 that led to it hiding billions of dollars of debt, according to a media report Saturday. [read post]
27 Aug 2009, 6:42 am
Vice Chancellor Noble has approved a settlement in the class action arising from the merger of Countrywide Financial Corporation and Bank of America. [read post]
3 Sep 2009, 7:02 am
Bernanke also said no one at the Fed ever urged Bank of America to keep quiet about Merrill Lynch's financial problems. [read post]
1 Jun 2007, 9:00 pm
Good faith requirements rule On 3 May 2007, the Amsterdam Enterprise Court (‘Ondernemingskamer Hof Amsterdam') ruled that ABN AMRO Bank must freeze its $21 billion sale of U.S. unit LaSalle to Bank of America, because in the Court's opinion the deal requires prior shareholders' consent. [read post]
15 Apr 2008, 10:38 am
Chancellor Chandler in litigation captioned TravelCenters of America LLC v. [read post]
8 Apr 2011, 12:59 pm by Mike Scarcella
Brown advised Bank of America Corp. in the Financial Crisis Inquiry Commission. [read post]
9 Nov 2010, 4:48 pm by Steve Bainbridge
My friend and colleague UCLA Vice Dean Steven Bank has posted to SSRN an excerpt from his book From Sword to Shield: The Transformation of the Corporate Income Tax: Abstract: The U.S. corporate income tax – and in particular the double taxation of corporate income – has long been one of the most criticized and the most stubbornly persistent aspects of the federal revenue system. [read post]