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25 Sep 2008, 5:22 pm
On the other hand, JP Morgan Chase is a consolidated investment and commercial bank, but it is among the strongest of the remaining financial institutions in the country. [read post]
19 Sep 2008, 3:09 am
Bank of America loss mitigation head Michael Gross was the only servicer that noted that the company â€â [read post]
16 Sep 2008, 9:25 am
Plaintiffs firms filing suits on behalf of shareholders of failed companies generally seek the largest recoveries from banks who they claim facilitated securities fraud at companies like Enron or WorldCom. [read post]
13 Sep 2008, 10:24 pm
  A classic example, albeit in some ways a small but symbolic one, is this:  "When he first came from Bank One, Dimon vociferously defended using the Chase "octagon" symbol as a trademark across the company. [read post]
30 Aug 2008, 12:15 pm
  In addition, the complaint asserted that the firm failed to "inform the market of the ticking time bomb in the Company's hedge funds due to the deteriorating subprime mortgage market, which would cause Bear Stearns to have to rescue the funds, cause the Company and its officers possible criminal liability and hurt the Company's reputation. [read post]
29 Aug 2008, 6:23 pm
., an 8-page opinion, Judge Kirsch writes:Ace Bail Bonds, American Bail Bond Company, Bertholet Bail Bond, and Express Bail Bond (collectively, the "Bail Agents") appeal the trial court's order: (1) granting the release of the Bail Agents' $2,500 bond to Government Payment Service, Inc. [read post]
25 Aug 2008, 3:23 am
"The notion that a mortgage company has an obligation to make repairs on a property that it doesn't even own is very hard to comprehend," says Marco Cercone, a Buffalo attorney who represents a range of lenders before Nowak in the courtroom. [read post]
12 Aug 2008, 2:00 pm
  Here are the particulars:   Date: Tuesday, August 19th, 2008   Time: 06:30PM - 09:30PM   Location: The Madison & Gypsy Tea27 West 24th Street, NY, NY   And look who's going:   Current RSVP List for PropertyShark.com Real Estate Networking Party Name    Company    Job Title    … [read post]
21 Jul 2008, 2:41 pm
The firm, which had traded at $170 per share a year earlier, initially agreed to be sold for $2 a share to JPMorgan Chase in a government-supported bailout (JPMorgan ultimately agreed to pay $10 per share). [read post]
3 Jul 2008, 9:21 am
DLA Piper's real estate lawyers are focusing on helping U.S. companies, including financial institutions and hotel conglomerates, chase development opportunities around the globe, said Jay Epstien, a Washington partner who chairs the firm's U.S. real estate practice group. [read post]
16 Jun 2008, 3:07 pm
Instead of the chart, the company provided a much sketchier paragraph that didn’t have nearly as many details. [read post]
27 May 2008, 8:54 am
We entered the case and were acknowledged by the mortgage company as the attorneys for the borrower. [read post]
20 May 2008, 9:58 am
At Merrill Lynch, 1,100 people, mostly in its mortgage-related businesses, were laid off earlier this year. [read post]
24 Apr 2008, 3:42 pm
The companies subpoenaed include UBS AG, Merrill Lynch, Citigroup, Inc., JP Morgan Chase and Co., and Goldman Sachs Group. [read post]
21 Apr 2008, 1:20 pm
Morgan Chase & Co at a fire-sale price of $2 a share in stock, approximately $236 million.[1]  With the rumors about Bear Stearns' losses in the mortgage industry circulating in the market, investors pulled their money out, the firm was short on cash, and the deepening losses left Bear Stearns with no other choice but to sell to their white knight, J.P. [read post]
15 Apr 2008, 7:12 am
It was no surprise that a few days after, JP Morgan Chase acquired Bear Sterns for a mere $2 a share, representing less than one-tenth the firm's market price. [8] Liquidity problems can significantly impair a company's operation to the extent that it will make business sense for that company to want to become a target-company. [read post]
2 Apr 2008, 11:51 pm
Morgan Chase & Co. and to prevent a destructive ripple effect on Wall Street.... [read post]
28 Mar 2008, 4:17 pm
New foreclosures rose to a record in the second quarter, led by defaults in subprime adjustable-rate mortgages, according to the Mortgage Bankers Association in Washington. [read post]