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15 Apr 2010, 6:09 am by Carolyn Moskowitz
   The defendant, National Australia Bank (“NAB”), is Australia’s largest bank. [read post]
14 Apr 2010, 2:15 am by Lindsey Williams
District Court for the Southern District of Florida (No. 08-60099)(docketed August 18, 2009), page 4. [read post]
13 Apr 2010, 12:04 pm by doug
Home equity lines are particularly troublesome to banks because they are the mortgages least likely to be secured in areas like Massachusetts and southern New Hampshire which have suffered rapid declines in housing prices. [read post]
12 Apr 2010, 9:44 pm by David Kopel
” Yglesias points out: “the Louisiana Purchase, the Bank of the United States, Henry Clay’s ‘American System,’ a transcontinental railroad, land grant colleges, etc. [read post]
12 Apr 2010, 3:05 pm by Mandelman
  It’s not lawyers who modify loans, it’s banks that modify loans… or not… as in this example. [read post]
12 Apr 2010, 7:25 am by Kevin LaCroix
  In a March 26, 2010 ruling (here), Southern District of New York Judge William H. [read post]
12 Apr 2010, 7:19 am by Lawyer Sanders
District Court for the Southern District of Ohio, and is subject to a 30-day public comment period and approval by the federal court. [read post]
12 Apr 2010, 6:29 am by Stephanie R. Thomas, Ph.D.
A federal judge in the Southern District of New York recently held that a pay system that compensated people on the basis of actual production is protected from disparate impact claims under Title VII, irrespective of whether the pay system has a disparate impact on minorities or women and irrespective of whether the employer knows that it will have a disparate impact.According to information provided by Weil Gotshal:The case involved a transition "stay bonus" program that… [read post]
10 Apr 2010, 6:43 pm by Mandelman
Are the banks now being double-dared to consider writing down the loans? [read post]
7 Apr 2010, 1:31 pm by David M. Trontz
The other three defendants made their initial appearance in the Southern District of Florida. [read post]
7 Apr 2010, 2:33 am by admin
Adams, the United States Trustee for the Southern District of New York. [read post]
7 Apr 2010, 2:21 am by Kevin LaCroix
"   Residential Capital LLC/RALI Certificates: In a March 31, 2010 order (here), Southern District of New York Harold Baer, Jr., citing his own prior ruling in the Royal Bank of Scotland/Harborview Mortgage Trust case (about which, refer to yesterday’s post, here), granted in part and denied in part the defendants’ motions to dismiss in the lawsuit brought with respect to mortgage-backed certificates issued by Residential Capital, known as RALI Certificates. [read post]
6 Apr 2010, 1:58 am by Kevin LaCroix
She also found that various statements about the bank’s loan underwriting practices on which the plaintiffs sought to rely were not false and misleading. [read post]
1 Apr 2010, 9:54 am by Nolan Goldberg
District Court for the Southern District of New York issued the latest opinion addressing the conflict between U.S. discovery laws and foreign blocking statutes. [read post]
1 Apr 2010, 4:21 am by David M. Trontz
The United States Attorney's Office for the Southern District of Florida agreed to defer prosecution against the bank until the large financial institution comes into compliance with the Bank Secrecy Act. [read post]
1 Apr 2010, 3:47 am by John L. Welch
From the TTAB Website: Everything You Ever Wanted to Know About Accelerated Case Resolution (ACR)TTAB Posts February 2010 Hearing ScheduleSenate Passes Bill to Provide Usual Grace Periods for Section 71 Declarations of UseTTAB Issues New Order in Oldest Pending TTAB CaseOldest Pending TTAB Case Continues in SuspensionTTAB Issued 52 Precedential Decisions in 2009Current Roster of TTAB Administrative Trademark JudgesTTAB Posts January 2010 Hearing Schedule"CAB CALLOWAY" TTAB Ruling Goes to… [read post]
31 Mar 2010, 9:33 pm by Randall Reese
Yesterday, Mizuho Corporate Bank, Ltd., acting in its role as the agent under a JPY 35 billion seven-year term loan credit agreement entered into on May 31, 2007, asked the Southern District of New York bankruptcy court for authority for the lenders under that loan facility to "freely assign or otherwise transfer" their respective interests in the credit agreement and the attendant claims against Lehman Brothers without further court approval or prior consent from… [read post]
31 Mar 2010, 11:10 am by Steve Bainbridge
District Court for the Southern District of New York March 24 granted summary judgment to the Securities and Exchange Commission in the case involving Ukrainian computer hacker Oleksandr Dorozhko (SEC v. [read post]