Search for: "Covenant Bank"
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24 Jul 2012, 3:58 pm
Chances are that there is a default on the loan which means that the bank may foreclose at any time. [read post]
9 Jul 2015, 12:41 pm
No doubt, in the aftermath of the decision banks will protest that they must now enact racial quotas or make risky mortgage loans to unqualified borrowers. [read post]
16 Mar 2012, 6:54 am
Law-firm loans often contain covenants that allow banks to collect on loans if partner head count falls below a certain threshold or if key practice-group leaders leave, according to people with knowledge of the lending process, adding that banks seldom do so. [read post]
22 Oct 2011, 5:05 am
A claim under a guarantee may raise similar or even the same issues as the claim against the principal debtor, but the covenant to pay is given by a different party, here the parent company. [read post]
12 Mar 2013, 12:37 pm
In the latter case, the purchase agreement is generally simpler and won’t include the Pre-closing Covenants or Conditions to Closing sections. [read post]
24 Jun 2022, 4:45 am
But many people don’t realize that the cost of victory — that’s right, winning– can take an added toll on the bank account. [read post]
7 Oct 2019, 6:49 am
On Thursday 10 October 2019, the Privy Council hear the appeal of Magner & Anor r v Royal Bank of Scotland International Ltd (Gibraltar). [read post]
15 Dec 2011, 8:17 am
• Engaging an Investment Bank. [read post]
29 Jul 2023, 2:17 am
Engaging an Investment Bank. [read post]
20 Jan 2010, 7:51 am
Now they are facing their own waves of maturity defaults, covenant defaults, and payment defaults. [read post]
26 Sep 2019, 10:51 am
,the landlord, bank, or insurance company—will use a model created by someone else. [read post]
1 Oct 2008, 3:23 pm
From the banks' standpoint, this deal is a disaster in light of the current markets. [read post]
3 Aug 2011, 6:05 am
If the bank acquires units in an association via foreclosure, then the bank inherits the payment obligations. [read post]
26 Apr 2012, 4:38 am
Due to an exodus of about 70 partners, apparently leaving it close to breaching its loan covenants with the bank. [read post]
15 Sep 2015, 3:00 am
Dollars; the contributor for USD LIBOR, the only rate at issue in this case, consisted at all relevant times of 16 banks. [read post]
8 Oct 2013, 2:00 pm
Apparently, it doesn’t seem to matter to the banks whether or not the they legally hold title to the property, or whether or not the foreclosure lawsuit has been finalized – the banks don’t seem to think these distinctions matter. [read post]
4 Jun 2024, 9:05 pm
We also find that FOCs enable better loan contracting terms, such as fewer covenants and lower interest rates. [read post]
31 Dec 2019, 2:00 am
Barclays Bank plc v Various Claimants was heard on Thursday 28 November 2019. [read post]
11 Oct 2007, 5:30 am
Counts five and six charge Stockman with Bank Fraud, under 18 U.S.C. [read post]
16 Jul 2012, 7:27 am
That named plaintiff brought claims under the North Carolina Unfair Trade Practices Act, breach of contract, and breach of the covenant of good faith and fair dealing. [read post]