Search for: "Covenant Bank"
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8 May 2012, 9:55 pm
MBNA America Bank N.A. [read post]
1 May 2012, 12:58 pm
JP MORGAN CHASE BANK, N.A., ET AL., Appellees/Cross-Claimants/plaintiffs. 3rd District.Appeals -- Timeliness -- Untimely motion for rehearing did not toll rendition of final order for purposes of appeal -- Appeal dismissedIVORY MILES, JR., Appellant, v. [read post]
1 May 2012, 7:53 am
Dewey & LeBoeuf had been facing a Monday deadline to renegotiate a $100 million credit line with a syndicate of banks. [read post]
27 Apr 2012, 6:56 am
Wells Fargo Bank. [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]
24 Apr 2012, 8:53 am
Last week Dewey management said the covenants had not been breached. [read post]
19 Apr 2012, 8:45 am
In February, I reported on a case brought by the IP merchant bank Ocean Tomo against Steve Lee, a former president of one its business units, who was allegedly going to disclose privileged information and trade secrets to an opposing party in an arbitration pending in Illinois. [read post]
16 Apr 2012, 10:29 am
Compass Bank v. [read post]
5 Apr 2012, 1:45 pm
To avoid this potential conflict of interest, the board submitted the transaction to a conflicts committee of independent directors who, relying on an investment bank's fairness opinion, determined that the overall transaction was fair and reasonable. [read post]
3 Apr 2012, 12:58 pm
The articles have in turn drawn attention from Joe Nocera of The New York Times ("Why People Hate the Banks"), and a couple of my favorite bloggers, Ed Mierzwinski ("Banks Still Run Amok"), and Bob Lawless at Credit Slips ("One Answer to Why People Hate Banks"). [read post]
2 Apr 2012, 6:26 pm
Dykema In late January 2012, we reported to you on possible "springing recourse" liability for borrowers and guarantors arising out of Wells Fargo Bank, NA v. [read post]
2 Apr 2012, 7:19 am
Category: Recent Decisions;Foreclosure Opinions Body: Below is today's foreclosure Appellate Court opinion:AC32568 - Ulster Savings Bank v. 28 Brynwood Lane, Ltd. [read post]
30 Mar 2012, 6:43 am
In Wells Fargo Bank, N.A. v. [read post]
21 Mar 2012, 10:01 am
To do so would have required the court to allow El Paso to violate covenants in the merger agreement. [read post]
Delaware Court of Chancery Addresses Issue of First Impression in Connection with an LLC Dissolution
20 Mar 2012, 8:59 pm
For example, Semco: (i) had no offices nor employees nor bank accounts nor real estate in Delaware; (ii) its sales in Delaware for each of the four years before filing this suit were less than 1% of the total sales. [read post]
20 Mar 2012, 3:10 am
These definitions usually identify the categories of liquid instruments in which a borrower is permitted to make investments as part of its treasury management function, and which may, in certain circumstances, be treated as equivalent to cash for the purposes of testing financial covenants. [read post]
20 Mar 2012, 3:10 am
These definitions usually identify the categories of liquid instruments in which a borrower is permitted to make investments as part of its treasury management function, and which may, in certain circumstances, be treated as equivalent to cash for the purposes of testing financial covenants. [read post]
18 Mar 2012, 6:15 am
Lender shall give notice to Borrower prior to acceleration following Borrower's breach of any covenant or agreement in this Security Instrument (but not prior to acceleration under Section 18 unless applicable law provides otherwise). [read post]
16 Mar 2012, 2:37 pm
The Federal Housing Finance Agency (FHFA) has published a Final Rule in the Federal Register that limits the ability of Fannie Mae, Freddie Mac and the Federal Home Loan Banks to deal in mortgages on properties that are encumbered by private transfer fee covenants. [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]
