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30 Jun 2020, 2:15 pm by Kenneth Duvall and Philip R. Stein
Wells Fargo holds $34.6 billion in CLOs, while JPMorgan & Co. holds $20.5 billion and Citigroup Inc. $18.1 billion. [5] Like CDOs, CLOs are arranged in tiers, so that the cash flow from borrowers’ payments goes to the highest-grade bondholders first, then the next highest-grade, and so on down the line.[6]  In good times, the lower tiers can experience tremendous returns. [7] But in bad times, those tiers are the first to experience losses. [read post]
24 Jun 2020, 2:28 pm by Eugene Volokh
In furtherance of this role, he maintains an online presence using both Facebook and Twitter accounts, as well as internet websites. [read post]
24 Jun 2020, 5:01 am by Hilary Hurd
Most famously, in Capital Cities/ABC, Inc. v. [read post]
19 Jun 2020, 5:00 am by John Jascob
Regarding class actions specifically arising out of the pandemic, Hansen pointed to five:Inovio Pharmaceuticals, Inc. [read post]
16 Jun 2020, 2:18 pm by Kevin LaCroix
Corporate defense lawyers assert that these sacred protections allow corporate executives to manage data security incidents without fear that their words could later be used against them in litigation. [read post]
12 Jun 2020, 6:43 am by John Jascob
The court also concluded that two directors were potentially subject to liability, but dismissed claims against a third director (In Re Dell Technologies, Inc. [read post]
8 Jun 2020, 10:13 am by Schachtman
Claims under Federal and State Racketeering Acts And Other Civil Remedies There are three types approaches to civil remedies a defendant might pursue to inhibit the flow of false claims in products cases. [read post]
1 Jun 2020, 2:29 am
  June 25, 2020 - 1 PM: In re FHC Associates Inc., Serial No. 88303462 [Section 2(e)(4) surname refusal of MANIO CASHMERE for "Bathrobes; Beanies; Cardigans; Gloves; Hats; Ponchos; Scarves; Shawls; Sweaters; Clothing wraps; Men's dress socks; all the foregoing made wholly or substantially in part of cashmere' [CASHMERE disclaimed]]. [read post]
25 May 2020, 9:04 pm by Guest Contributor
As the U.S. prepares to re-open after an unprecedented moment of pause during the COVID-19 pandemic, many people across the country have used this time for personal reflection. [read post]
22 May 2020, 3:00 am by Jim Sedor
In memo lines explaining why the contributions were being returned, three reasons were listed: “refund due to Politico”, “refund,” and “refund after Montellaro” – the last name of a Politico reporter. [read post]
21 May 2020, 10:50 am by IncNow
There is a silver lining, though. [read post]
15 May 2020, 3:03 am by Lynn Jokela
The memo reports the company’s nominees were re-elected and the bottom line message is that a contested virtual meeting is an option. [read post]
13 May 2020, 4:39 am
In re Nett Designs, Inc., 236 F.3d 1339, 57 USPQ2d 1564, 1566 (Fed. [read post]