Search for: "Covenant Bank"
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14 Sep 2022, 4:00 am
Loan covenants are often violated when a substantial fraud has been committed and it is important that a realistic and well-thought-out financial recovery plan is presented to the bank. [read post]
6 Sep 2018, 4:00 am
Loan covenants are often violated when a substantial fraud has been committed and it is important that a realistic and well-thought-out financial recovery plan is presented to the bank. [read post]
22 Feb 2013, 4:00 am
Tom is the head of our commercial real estate and banking group. [read post]
12 Jun 2009, 12:35 pm
FAMM's finances hit the skids, and the company went into "covenant default" on the Sovereign loan. [read post]
20 Mar 2012, 3:10 am
These definitions usually identify the categories of liquid instruments in which a borrower is permitted to make investments as part of its treasury management function, and which may, in certain circumstances, be treated as equivalent to cash for the purposes of testing financial covenants. [read post]
20 Mar 2012, 3:10 am
These definitions usually identify the categories of liquid instruments in which a borrower is permitted to make investments as part of its treasury management function, and which may, in certain circumstances, be treated as equivalent to cash for the purposes of testing financial covenants. [read post]
7 Jun 2011, 6:01 am
Here are today's leading legal headlines from Wise Law on Twitter:Why lawyers will love iOS 5 - http://goo.gl/s71RsSettlement Approved in Canadian Music Industry "Pending Lists" Lawsuit - http://goo.gl/sljlKOfficer jailed for using Mugabe's toilet - http://goo.gl/nb7iPWeiner Admits He Sent Lewd Photos; Seeks Not to Resign -http://goo.gl/pkLqI Licences may soon be required for tattoo parlours -http://goo.gl/9YRUkScotiabank clients fear identity theft after personal data lost -… [read post]
11 Jun 2024, 8:00 am
HRW says in its report that this is incompatible with Article 11 of the International Covenant on Civil and Political Rights, which states that “no one shall be imprisoned merely on the ground of inability to fulfil a contractual obligation. [read post]
16 Dec 2015, 9:26 am
Protecting Confidential Information and Client Relationships in the Financial Services Industry The second installment, led by Scott Humphrey, Jason Stiehl and James Yu, focused on trade secret and client relationship considerations in the banking and finance industry, with a particular focus on a firm’s relationship with its FINRA members. [read post]
29 Nov 2018, 7:58 am
A traditional bank loan is not an option for him. [read post]
2 Feb 2011, 10:00 am
In this post, we would like to tell you a bit more about an important case on this topic -- The Chase Manhattan Bank v. [read post]
1 Feb 2018, 6:24 pm
The reason for the increase in sales in 2017 was due to weak covenants that allowed companies to prefer borrowing senior loans.[8] Companies had less restrictions on covenant agreements with banks. [read post]
5 Apr 2012, 1:45 pm
To avoid this potential conflict of interest, the board submitted the transaction to a conflicts committee of independent directors who, relying on an investment bank's fairness opinion, determined that the overall transaction was fair and reasonable. [read post]
13 Sep 2017, 8:10 am
He was then asked to manage the $21-billion sale of LaSalle to Bank of America and the $93-billion sale of ABN to Royal Bank of Scotland and two other banks, as executive lead of the ABN North America Transition Leadership Team. [read post]
10 May 2011, 8:00 am
(Note that these remedies might not help subsequent buyers, who would have limited rights under quitclaim covenants). [read post]
10 May 2011, 8:00 am
(Note that these remedies might not help subsequent buyers, who would have limited rights under quitclaim covenants). [read post]
23 Oct 2009, 3:01 pm
One reason may be the firm's covenants in their bank line agreements, many of which contain performance criteria. [read post]
30 Jan 2008, 5:25 am
American Real Estate Holdings (“American”) filed suit against Citibank to recover damages for the latter’s breach of a lease-related covenant to repair the premises which the financial institution had occupied.Although Citibank vacated the premises at the end of its lease, and American later sold the building to another party, American still filed suit against its former tenant alleging breach of the parties’ agreement.When the New… [read post]
14 Jan 2016, 12:31 pm
Global Fitness had alleged that FRS intentionally misused the credit card and bank account information of Global Fitness’ customers, which consequently interfered with FRS’s business dealings. [read post]
27 Jan 2010, 7:13 am
How To Enforce Civil Judgments in Ontario – If you ever wanted to learn about how we turn a court order into money in the bank, see this entry by Toronto insurance lawyer Pamela Pengelly on her Res Ipsa Loquitor blog. [read post]
