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12 Sep 2011, 3:00 am by Louis M. Solomon
  There were priority provisions in the various instruments, the priority altered in the event of a default including insolvency, and the Court said that the “central issue” in the proceedings and the appeal is the validity of those provisions for alteration of priority. [read post]
9 Sep 2011, 8:40 am by Peter Rost
”I encourage you to seek meaningful reform of the FDA, which begins with a complete change in the FDA's leadership,” Stupak wrote in a letter to president-elect Obama endorsing Rost's candidacy.Rost said he is looking for a shakeup of the FDA, including a reorienting of the agency's priorities from serving the drug industry to helping American citizens. [read post]
7 Aug 2011, 11:58 am by James Hamilton
Thus once an event of default under the swap occurred, the entity was not deprived of the priority but simply prevented from acquiring it in the first place.Lord Mance also noted that the anti-deprivation principle finds a parallel in section 541 of the US Bankruptcy Code. [read post]
5 Aug 2011, 6:44 am by admin
  These could well be the residue of the late unlamented Countrywide Financial. [read post]
1 Aug 2011, 8:21 am by admin
  HUD Secretary Shaun Donovan eyeing New York City   Nationally, home prices in May were 7.4% lower than a year earlier, but after excluding distressed sales, prices fell just 0.4%, according to CoreLogic Inc. [read post]
26 Jul 2011, 4:26 pm by R Grace Rodriguez
On June 19, 2007, Ramon executed a promissory note agreeing to repay the loan, along with a deed of trust that gave ING a first priority security interest in Ramon's property.In February of 2008, Ramon stopped making his required monthly loan payments. [read post]
6 Jul 2011, 12:18 pm by McNabb Associates, P.C.
"Protecting Americans from financial fraud is one of our top priorities," said Tony West, Assistant Attorney General of the Justice Department's Civil Division. [read post]
6 Jul 2011, 12:18 pm by McNabb Associates, P.C.
"Protecting Americans from financial fraud is one of our top priorities," said Tony West, Assistant Attorney General of the Justice Department's Civil Division. [read post]
29 Jun 2011, 2:24 pm
’s subsidiary NBC Universal Inc.; and Google’s acquisition of ITA Software Inc. [read post]
28 Jun 2011, 4:03 am by Broc Romanek
This Davis Polk blog on the topic lists "several large financial institutions (American Express Company, Bank of America Corporation, Citigroup Inc., The Goldman Sachs Group Inc., JPMorgan Chase & Co., Morgan Stanley and Wells Fargo & Company) gave an estimate of possible loss or range of loss above their existing reserves for the first time in their Form 10-Ks for the 2010 fiscal year and updated those estimates in their 2011 first quarter… [read post]
22 Jun 2011, 7:09 am by Peter Rost
”I encourage you to seek meaningful reform of the FDA, which begins with a complete change in the FDA's leadership,” Stupak wrote in a letter to president-elect Obama endorsing Rost's candidacy.Rost said he is looking for a shakeup of the FDA, including a reorienting of the agency's priorities from serving the drug industry to helping American citizens. [read post]
25 Mar 2011, 8:17 am by Anthony P. Chan
At first glance, Apersee seems to incorporate all the important elements in evaluating e-discovery vendors. [read post]