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28 Jan 2010, 6:12 am
Private investors invest in an existing bank or thrift holding company that acquires the failed institution. [read post]
25 Jan 2010, 5:00 am
As we said last week, because it’s a Dechert case, we can’t comment directly on Clark v. [read post]
22 Jan 2010, 11:15 am
In 2009, 140 banks failed. [read post]
21 Jan 2010, 10:39 am
The companies are: •First Tennessee Bank, Memphis, TN •Alethes, Lakeway, TX •Security Atlantic Mortgage Co., Edison, NJ •Pine State Mortgage Corporation, Atlanta, GA •Birmingham Bancorp Mortgage Corporation, West Bloomfield, MI •Alacrity Financial Services, Southlake, TX •Assurity Financial Services, Englewood, CO •D and R Mortgage Corporation, Farmington, MI •Webster Bank, Cheshire, CT •Mac-Clair Mortgage Corporation,… [read post]
11 Jan 2010, 4:08 pm
Brunton (Patently-O) BPAI: Reissue not available when narrowing contains all original patent claims: Ex Parte Tanaka (271 Patent Blog) District Court W D Washington: Plaintiff’s track record of nuisance value settlements supports exceptional case finding and award of attorneys’ fees to successful defendant: Eon-Net LP v Flagstar Bancorp (Docket Report) US Patents – Lawsuits and strategic steps Avery Dennison - N D Illinois questions infringement case against… [read post]
11 Jan 2010, 1:03 am
" By way of illustration, a recent motion filed by bank officials in connection with the bankruptcy proceedings involving Haven Trust Bancorp, the holding company for a Duluth, Georgia bank that failed in December 2008, states that certain of the officials "received subpoenas…issued by counsel to the [FDIC] regarding the FDIC’s investigation of certain matters relating to the failure of Haven Trust Bank. [read post]
6 Jan 2010, 1:41 am
The lawsuit arises out of the failure of Haven Trust Bancorp, whose operating banking subsidiary was taken over by the FDIC on December 12, 2008. [read post]
27 Dec 2009, 10:00 pm
Bancorp and Wells Fargo & Co., never had the right to sell the homes. [read post]
15 Dec 2009, 11:02 am
Bancorp, and James E. [read post]
1 Dec 2009, 7:26 pm
People’s United Bank, Inc. here.) [read post]
16 Nov 2009, 1:11 pm
Bancorp $29.23B Morgan Stanley $28.00B American Express Company $26.62B Citigroup Inc [read post]
16 Nov 2009, 1:11 pm
Bancorp $29.23B Morgan Stanley $28.00B American Express Company $26.62B Citigroup Inc [read post]
13 Nov 2009, 1:21 am
Bancorp has modified 150 million mortgages, even though the Minneapolis-based bank did not enter the HAMP program until September. [read post]
11 Nov 2009, 4:08 am
Fifth Third Bank [read post]
10 Nov 2009, 8:08 pm
Fifth Third Bank, N.A., 581 F.3d 305, 308 (6th Cir. 2009). [read post]
2 Nov 2009, 2:05 am
Bancorp agreed to assume all of the combined banks assets of $19.4 billion and deposits of $15.4 billion. [read post]
19 Oct 2009, 2:56 am
Example of this kind of residential mortgage-related failed bank litigation include the lawsuits filed by the shareholders of Corus Bank (refer here) and Pacific Capital Bancorp (refer here). [read post]
6 Oct 2009, 5:12 am
McKnight, president, Bancorp South Insurance Services Inc.; J. [read post]
30 Sep 2009, 6:05 pm
They had to explain why banks were failing and why Wall Street investors stopped buying collateralized packaged loans. [read post]
25 Sep 2009, 7:17 am
He spent the past 10 months at Fifth Third Bancorp (FITB) where he was paid substantially less working for the private sector: $580K plus a $100K signing bonus when he joined the bank last November. [read post]
