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16 Sep 2008, 5:37 pm
Senator McCain used the crisis as an excuse to push a so-called stimulus plan that offered another huge and permanent corporate tax cut, including $4 billion for the big oil companies, but no immediate help for workers. [read post]
8 Jan 2009, 11:35 am
Ironically, just months after the Supreme Court's evisceration of the role of punitive damages, we saw the net effect of unrestrained corporate greed when our economy unraveled as a result of the mortgage crisis as one company after another demonstrated that with the decreased regulation and decreased civil justice rights (the right to sue companies to keep them accountable to consumers and shareholders) horrible things can happen. [read post]
8 Mar 2024, 6:02 pm
Pix Credit here On 7 March 2024, President Biden delivered the 2024 State of the Union Address. [read post]
17 Jan 2019, 10:06 am
Potash, [1986] 2 SCR 351, 1986 CanLII 34 (SCC)) that consumers cannot lose their statutory rights by contracting out or waiver in the case of, for example, paying off a mortgage after 5 years. [read post]
27 Jun 2018, 2:04 pm
.; WALTER INVESTMENT MANAGEMENT CORPORATION; BEST INSURORS, INCORPORATED; MID STATE CAPITAL, L.L.C.; MID STATE TRUST II; MID STATE TRUST III; MID STATE TRUST IV; MID STATE TRUST V; MID STATE TRUST VI; MID STATE TRUST VII; MID STATE TRUST VIII; MID STATE TRUST IX; MID STATE TRUST X; MID STATE TRUST XI; WILMINGTON TRUST COMPANY; MID-STATE CAPITAL CORPORATION 2004-1 TRUST; MID-STATE CAPITAL CORPORATION 2005-1 TRUST; MID-STATE CAPITAL CORPORATION 2006-1 TRUST;… [read post]
29 Feb 2016, 4:43 pm
This past year was an eventful one in the corporate and securities litigation arena, with the U.S. [read post]
29 Jul 2011, 5:23 pm
Funded by the mortgage banking industry along with the GSEs, Fannie and Freddie, MERS is a company with few employees established to allow mortgages to be registered centrally without recording at county recording offices, as had always been required. [read post]
13 Oct 2021, 5:54 am
Code § 7206 No accountant is going to risk 3 years in prison to save their client a few thousand dollars. [read post]
19 Feb 2013, 2:38 pm
Case in point--John Paulson, the notorious hedge fund manager who got a CDO built to his desires with a bunch of iffy subprime mortgages and then took the short side of the bet, making a fortune off the bet against subprimes in the mortgage crashes underlying the 2007-8 Great Recession. [read post]
28 Jan 2010, 2:02 am
Cases with cross-border litigation counterparts in the U.S. tended to settle for larger amounts both in terms of absolute dollars and as a percentage of claimed damages. [read post]
2 Sep 2009, 11:00 am
One might sympathize in instances where someone is a dual national or due to the falling dollar, they their living expenses have shot up. [read post]
8 Apr 2022, 4:43 am
Any interest you paid towards a mortgage or outstanding student loan is deductible, for example. [read post]
16 Jan 2012, 10:05 pm
United States Treasury securities are valued in US dollars-their price is in United States Dollars. [read post]
23 Nov 2009, 1:16 am
" In a November 21, 2009 editorial in The Buffalo News (here), Schonbrun takes on the plaintiffs' securities class action bar, asserting that class action securities litigation is "skimming hundreds of millions of dollars from investors in U.S. corporations. [read post]
19 Aug 2019, 2:28 pm
This is intended to prevent high-income individuals and corporations from abusing the bankruptcy system. [read post]
26 Jan 2011, 1:31 am
In my capacity as Assistant Attorney General, I oversee much of the federal government’s civil litigation across the country, including many of the Department of Justice’s efforts to protect consumers and recapture billions of taxpayer dollars lost to fraud, like health care fraud, procurement fraud, and mortgage fraud. [read post]
30 Dec 2010, 3:04 pm
This was a major decision that sparked much concern about the potential for political corruption by corporations, including non-501(c)(3) nonprofit corporations. [read post]
3 Aug 2016, 1:00 pm
These contract provisions also frequently include a class action waiver, meaning that consumers are unable to band together through collective action to address widespread wrongdoings by powerful corporations. [read post]
3 Dec 2009, 12:13 am
General Growth Properties Eyes Exit From Chapter 11 The American Lawyer The fourth-largest real estate investment trust in the United States moved a big step closer to emerging from Chapter 11 bankruptcy Tuesday by filing dozens of precedent-setting consensual plans that would collectively restructure billions of dollars in mortgages. [read post]
11 Jun 2009, 7:00 am
In addition to the agents that are currently on board, the FBI’s 2010 budget includes 143 new positions (50 special agents and 93 professional staff) and $25.5 million to assist the FBI in combating mortgage and corporate fraud. [read post]
