Search for: "GROSS MORTGAGE CORPORATION"
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14 Feb 2010, 6:55 pm
A corporation or partnership may not be a chapter 13 debtor. [read post]
12 Feb 2010, 9:41 pm
Contact your lender to work out any discrepancies and have the lender issue a corrected Form 1099-C.How do I report the forgiveness of debt that is excluded from gross income? [read post]
18 Jan 2010, 9:03 am
Have you ever paid your mortgage on a credit card? [read post]
8 Jan 2010, 6:00 am
Today, nearly one out of every four homes has a mortgage balance greater than its market value (or one-third of all homes with a mortgage). [read post]
7 Jan 2010, 6:19 am
Rodgin Cohen is a partner and chairman of Sullivan & Cromwell LLP focusing on acquisition, corporate governance, regulatory and securities law matters. [read post]
6 Jan 2010, 8:40 am
The Dec 23, 2009 filing cited a gross income of $15.7 for 2009, $9.1 million in assets and $27.5 million in debts. [read post]
14 Dec 2009, 1:29 am
" The letter explains that the demand for civil damages is "based on the breach of duty, failure to supervise, negligence, and/or gross negligence of the named Directors and Officers. [read post]
11 Dec 2009, 11:38 am
Securitization The legislation reforms the process of securitization by, primarily, requiring companies that sell products like mortgage-backed securities to retain a portion of the risk to ensure that they will not sell garbage to investors, because they have to keep some of it for themselves. [read post]
10 Dec 2009, 6:09 am
Editor's Note: James Morphy is a partner at Sullivan & Cromwell LLP specializing in mergers & acquisitions and corporate governance. [read post]
7 Dec 2009, 12:29 pm
The transfer of intangible personal property such as stocks, bonds, corporate securities, bank deposits and mortgages owned by a nonresident decedent is not subject to the New Jersey Inheritance Tax. 3. [read post]
3 Dec 2009, 7:13 pm
Debt reduced through mortgage restructuring, as well as mortgage debt forgiven in connection with a foreclosure, qualifies for the relief. [read post]
27 Nov 2009, 8:41 am
Plaintiff and respondent Millennium Rock Mortgage, Inc. [read post]
18 Nov 2009, 1:41 pm
A net operating loss (“NOL”) for a taxable year is the excess of business deductions over the business’ gross income for that taxable year. [read post]
3 Nov 2009, 2:12 pm
The temporary rule allowed businesses satisfying the $15 million gross receipts test to have an extended carryback period for 2008 NOLs. [read post]
28 Oct 2009, 10:00 am
Between 1941 and 1945, the Gross National Product (GNP) grew by more than 75 percent, and the U.S. government had taken the lead on the economy. [read post]
8 Oct 2009, 6:29 am
Although the passage of some or all of the Commission's recommendations is uncertain, the following list highlights the proposed changes: Personal Income Tax Reduce the number of tax brackets from six to two with the following tax rates: 2.75% for taxable income up to $56,000 for joint filers ($28,000 for single filers); 6.5% for taxable incomes above that amount Allow a choice between a… [read post]
3 Sep 2009, 9:32 am
The Federal Deposit Insurance Corporation (“FDIC”), in particular, seems determined to wipe out the “scourge” that is CRE lending. [read post]
31 Aug 2009, 5:12 am
On that basis, the complaint asserted causes of action for breach of fiduciary duty, abuse of control, gross mismanagement, waste of corporate assets and unjust enrichment.In granting the defendants' motion to dismiss, the court rejected the plaintiffs' arguments that a demand would have been futile because each of the director defendants faced a substantial likelihood of liability and that the directors lacked "independence. [read post]
9 Jul 2009, 11:36 am
With increasing volumes of arbitrage capital, return on gross capital employed compressed, as one would naturally expect. [read post]
25 May 2009, 7:15 pm
" And the burden of proving gross negligence, attorneys said, is a high bar. [read post]
