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10 Jun 2011, 4:48 am by Dan
Damjan just completed his first year of law school at the University of Michigan and he will be clerking at Harris & Moure this summer. [read post]
9 Jun 2011, 5:13 pm by James Hamilton
34 and was designed to assist the IRS with crafting regulations that accomplish FATCA’s goals without unnecessarily disrupting the operations of the capital markets. [read post]
8 Jun 2011, 5:54 am by Frank Pasquale
The debtor retains risk because the debtor owns the equity (or “first loss tranche”) in the SPE, and because the debtor may be required to repurchase assets from the SPE if losses reach a level exceeding . . . [read post]
8 Jun 2011, 4:32 am
The wording of condition (a) above appears to be confusing and suggestive of the first criteria under the proviso to Section 4A(2) of the Act.The use of the phrase ‘special Act’ in condition (a) may also be interpreted to be a ‘special Act’ of a state legislature, for it is not clear if the qualification in the later part ‘being central Act’ applies to the phrase ‘special Act’. [read post]
7 Jun 2011, 1:18 pm by Dan
China’s deal making world abounds with stories of forged bank statements and other documents leading to disastrous deals. [read post]
7 Jun 2011, 10:45 am by Adam Levitin
In the first century of the Republic, government land grants were a huge boon to anyone looking for housing. [read post]
7 Jun 2011, 8:20 am by James Hamilton
In addition, the proposal to require a minimum 20 percent down payment under the qualified residential mortgage definition would reduce available affordable mortgage capital for otherwise qualified consumers.Further, unnecessarily strict qualified residential mortgage definition would particularly harm first-time and minority home buyers, said the House members. [read post]
7 Jun 2011, 5:39 am by Mandelman
Mortgage origination volume fell 35% in the first quarter, to $325 billion, according to the Mortgage Bankers Association. [read post]
6 Jun 2011, 9:44 am by LindaMBeale
  They suddenly find a problem with increasing the debt limit, after borrowing trillions to come to the aid of their bankster cohort, without imposing conditions that would require the banks to treat ordinary Americans fairly. [read post]
3 Jun 2011, 8:24 pm by Peter Conti-Brown
First, if the idea that JPMC needs to raise $350 billion in order to meet a 20% capital requirement sounds cartoonish in its implications--and I agree, no question, that it does--that says more about the sheer girth of JPMC's balance sheet than it does about the reasonableness of a 20% capital requirement. [read post]
3 Jun 2011, 6:33 pm by Kenneth Anderson
 A very shrill debate immediately sidelines the rest of technical discussions, whether of derivatives, or capital adequacy, or what have you. [read post]
3 Jun 2011, 1:33 pm by Andrew Goldberg
For example, he represents Bluestone Innovations Texas in an infringement suit brought against various foreign companies over LED technology, and defendant Capital One Financial Corp. in a patent suit brought by LML Patent Corp. against a number of large banks over patents on payment services. [read post]
3 Jun 2011, 8:36 am by James Hamilton
In addition, the proposal to require a minimum 20 percent down payment under the qualified residential mortgage definition would reduce available affordable mortgage capital for otherwise qualified consumers.Further, unnecessarily strict qualified residential mortgage definition would particularly harm first-time and minority home buyers, said the House members. [read post]
  It denied the LLPs’ claim in relation to 75% of the first year capital allowances and held that only 25% of the price paid by the LLP to the MCashback had been properly incurred on the acquisition of software. [read post]
2 Jun 2011, 1:00 pm by McNabb Associates, P.C.
-EU Mutual Legal Assistance Agreement, specifically: mutual legal assistance to administrative authorities; expedited transmission of requests; use limitations; identification of bank information; joint investigative teams; and video conferencing. [read post]
2 Jun 2011, 7:43 am by admin
Bank profits were up $11.6 billion, or 66.5 percent, in the first quarter compared to the first quarter of 2010. [read post]
2 Jun 2011, 7:42 am by Kara OBrien
Review and update compliance policies and procedures to ensure that they: Affirmatively require employees and outside consultants to report violations internally through corporate compliance programs first Articulate a clear anti-retaliation policy Impose express time limits for internal investigations, in an effort to self-report (where necessary) in a timely fashion Detail the process for determining whether to self-report, and the documentation required to support this determination… [read post]
1 Jun 2011, 10:01 pm by Lovechilde
Banks, with equal justification, are reluctant to lend to them. [read post]