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11 Oct 2023, 11:17 am by John Elwood
Bank of America, require banks to pay at least 2% interest annually on escrow accounts associated with residential mortgages. [read post]
26 Sep 2023, 9:01 pm by renholding
This decision avoids large-scale disruption across a number of aspects of the $2.5 trillion syndicated loan market[2], including the daily functioning of bank lenders, the secondary loan trading market, the creation of loan participations and the markets for related investments such as loan funds and collateralized loan obligations. [read post]
15 Sep 2023, 6:08 am by Andrew Lavoott Bluestone
” Wells Fargo Bank, N.A, v Osias, supra at 981 (internal quotation marks omitted). [read post]
14 Sep 2023, 8:35 pm by Anthony Zaller
Review reasons for termination, and have clear guidelines for seeking legal counsel to avoid any potential wrongful termination or discrimination claims. 2. [read post]
  Specifically, the court rejected a bankruptcy court’s ruling that allowed a plaintiff’s nationwide class action to survive Defendant Citibank, N.A. [read post]
6 Aug 2023, 5:40 am by Joel R. Brandes
 August 2, 2023Appellate Division, First DepartmentAge 29 Law allows unmarried children through age 29, regardless of financial dependence, to be covered under a parent’s group health insurance policy  In B.D. [read post]
18 Jul 2023, 6:00 am by Public Employment Law Press
In 1936, Jarema sponsored a bill that would reduce the probationary period for a teacher who had "rendered satisfactory service as a regular substitute for a period of two years" (Assembly Mem in Support, Bill Jacket, L 1936, ch 680 at 2 [emphasis omitted]). [read post]
18 Jul 2023, 6:00 am by Public Employment Law Press
In 1936, Jarema sponsored a bill that would reduce the probationary period for a teacher who had "rendered satisfactory service as a regular substitute for a period of two years" (Assembly Mem in Support, Bill Jacket, L 1936, ch 680 at 2 [emphasis omitted]). [read post]
24 Apr 2023, 4:53 am by Franklin C. McRoberts
Rule #2: “An attorney who represents two parties with respect to a single matter may not assert the privilege in a later dispute between the clients” (Quintel Corp., N.V. v Citibank, N.A., 567 F Supp 1357 [SD NY 1983]). [read post]
15 Mar 2023, 5:14 am by Rob Robinson
The FDIC then created a new entity, Silicon Valley Bank N.A., to transfer all deposits and ensure depositors could access their funds. [read post]
21 Feb 2023, 3:30 am by Kevin Kaufman
After the tables, we document notable individual income tax changes implemented in 2022. 2023 State Income Tax Rates and Brackets State Individual Income Tax Rates and Brackets, as of January 1, 2023   Single Filer Married Filing Jointly Standard Deduction Personal Exemption State Rates   Brackets Rates   Brackets Single Couple Single Couple Dependent Alabama 2.00% > $0 2.00% > $0 $3,000 $8,500 $1,500 $3,000 $1,000 (a, b, c) 4.00% > $500 4.00% > $1,000    … [read post]
31 Jan 2023, 6:55 am by John Wester and Emma Kutteh
Wells Fargo Bank N.A., 789 F.3d 889, 896 (8th Cir. 2015) (rejecting plaintiff’s argument that, under the juridical link doctrine, the court must assess standing requirements with reference to the class as a whole); Bahamas Surgery Ctr., LLC, v. [read post]
27 Jan 2023, 4:32 am by Andrew Lavoott Bluestone
After the defendant failed to timely answer the complaint, the plaintiff moved pursuant to CPLR 3215 for leave to enter a default judgment against the defendant upon her failure to answer the complaint or for a hearing on the issue of any reasonable excuse [*2]offered by the defendant. [read post]
13 Jan 2023, 2:44 pm by Law Lady
ANA PAOLA MURILLO, Appellee. 3rd District.Creditors' rights -- Proceedings supplementary -- Fraudulent transfers -- Uniform Fraudulent Transfer Act -- Subsequent transferees -- Final summary judgment declaring transfer of condominium unit void as a fraudulent transfer was supported by evidence establishing undisputed existence of seven badges of fraud -- Discussion of badges of fraud in section 726.105(2) in context of case at issue involving series of transfers and shifting corporate… [read post]