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7 Aug 2009, 6:42 am by Peter (Pete) A. Steinmeyer
Not many lawsuits under the Employee Retirement Income Security Act (“ERISA”) turn on whether an employer legitimately insisted that an employee sign a no-compete agreement in order to receive benefits, but a federal court lawsuit currently pending in Chicago presents that very scenario. [read post]
7 Aug 2009, 5:44 am
A Boston attorney has filed a class action lawsuit against Bank of America Home Mortgage and Wells Fargo Home Mortgage, alleging that the lenders knew or should have known that the loans could grow bigger over time and were unaffordable to borrowers. [read post]
6 Aug 2009, 5:54 pm
Well, today is my last day working full time for a little bit as I drive back to Seattle tomorrow and then from there onto Denver, Chicago and Madison...by car. [read post]
6 Aug 2009, 8:48 am by TerryConaway
That leaves many low- and middle-income people squaring off against professional attorneys who represent banks, collection agencies and other deep-pocketed organizations. [read post]
6 Aug 2009, 8:48 am by TerryConaway
That leaves many low- and middle-income people squaring off against professional attorneys who represent banks, collection agencies and other deep-pocketed organizations. [read post]
5 Aug 2009, 2:16 am
The bulk of the fees are owed to two midsize firms that represented the struggling company: TroyGould in Los Angeles and Fitch, Even, Tabin & Flannery in Chicago are out more than $815,000 in fees. [read post]
3 Aug 2009, 2:36 am
The case seems to present circumstances quite analogous to the facts involved in the securities suit against National Australia Bank case (refer here), in which the Second Circuit ultimately concluded that the U.S. courts lacked subject jurisdiction over the matter. [read post]
2 Aug 2009, 6:27 pm
A Chicago nursing home worker faces financial exploitation and aggravated identification theft charges for allegedly stealing $4,008 from a patient at The Moorings, a nursing home in Arlington Heights, IL. [read post]
2 Aug 2009, 10:42 am
The speaker here is a Chicago-area banker, quoted in the Chicago Tribune, about a Chicago-area bank failure:"It was a bank created around the asset side of the balance sheet: 'Let's go make a lot of loans and figure out a way to fund them later,' instead of a bank that had a valuable franchise of deposit collection and was looking for a place to put those deposits. [read post]
29 Jul 2009, 7:23 am
Department of Agriculture Bill  Bergman, Former Senior Financial Market Analyst, Federal Reserve Bank of Chicago, Whistleblower Spencer A. [read post]
24 Jul 2009, 11:17 am
Boies Schiller and Fried Frank snag former federal prosecutors, Lathrop & Gage opens a Chicago office, and Jones Day and McGuireWoods pick up former bank in-house counsel. [read post]
23 Jul 2009, 4:08 pm
According to authorities, there are more than 200 members of the Chicago-based gang, Cannon to the Wiz. [read post]
23 Jul 2009, 10:00 am
THE WHITE HOUSEOffice of the Press Secretary For Immediate… [read post]
20 Jul 2009, 7:56 am
  The report concludes with an observation of the heightened number of bank failures during 2009, adding the observation that only 21 of the 45 banks that had failed through June 30, 2009 were publicly traded, and only one of the bank failures has resulted in a securities class action lawsuit. [read post]
13 Jul 2009, 12:25 pm
The Chicago traffic accident in the Humbolt Park neighborhood occurred at Mozart and Division Streets at about 11 p.m., Chicago Police spokesman David Banks told CBS2. [read post]
13 Jul 2009, 2:44 am
I exclusion in most D&O policies today contain additional exceptions to the exclusion, or coverage “carve banks” as they are usually called. [read post]