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10 Feb 2019, 6:07 am by Kevin LaCroix
”   In addressing the notice of claim issue, Judge Snow first noted that Metro Bank conceded that if the “trier of fact” were to conclude that Metro Bank discovered its loss on the Global Medical loan during the 2013-2013 bond period, there would be no coverage, because the bank had not provided notice of the loss prior to the end of the policy period for that bond. [read post]
14 Dec 2018, 2:00 am by Jane Meacham, Contributing Editor
The post Ten Investment Actions for DB Plans in the New Year Recommended by Willis Towers Watson appeared first on HR Daily Advisor. [read post]
29 Nov 2018, 11:58 am by Wolfgang Demino
And TERI was one of the first casualties.But TERI was a corporate entity, and was arguably instrumentalized and misused to allow for-profit entities to take advantage of TERI's not-for-profit status. [read post]
11 Nov 2018, 4:03 pm by Wolfgang Demino
If they never made any payments on their respective loans, Foster and Mock were in effect net beneficiaries of the predatory loans (at least as long as the Trusts do not garnish their bank accounts, if any, judgments secured). [read post]
6 Sep 2018, 12:52 pm by ccollins
Read the Independent Report by Kobe and Kim More Blog Posts:Shepherd Smith Edwards & Kantas LLP Investigating Claims Involving Puerto Rico UBS Bond Funds, August 21, 2018 Assured Guaranty Sues Puerto Rico Over Fiscal Rescue Plan, May 21, 2018 Judge Rules Against Ex-UBS Puerto Rico Broker in Closed-End Fund Case, May 6, 2018 The post New Report Suggests Banco Popular de Puerto Rico Could Be Held Liable Over Island’s Final Junk Bond Issuance appeared first on Securities… [read post]
3 Sep 2018, 6:00 am
These loans have no government involvement but are offered by banks or other private institutions. [read post]
26 Jul 2018, 8:00 am by Charles B. Jimerson, Esq.
To determine the prevailing party the Court will apply the significant issues test, which was first adopted as law in Florida by our Supreme Court in 1992. [read post]
12 Jun 2018, 8:51 am by Andrée Blais
Certain maturities of the bonds have the benefit of bond insurance provided by Assured Guaranty Municipal Corp. [read post]
1 Jun 2018, 12:45 pm by Joe Virene
”  A personal guaranty might mitigate this risk by providing an additional target, but guarantees are often difficult to obtain. [read post]
8 Mar 2018, 4:00 am by Pulat Yunusov
No bank to give your money back, no escrow to hold your money until you’re sure what you’re doing, no intermediary to blame. [read post]
1 Feb 2018, 5:55 pm by Kevin LaCroix
The first was the widespread adoption of “Delaware only” forum selection clauses in corporate bylaws. [read post]
12 Dec 2017, 9:57 am by Wolfgang Demino
We leave to the District Court to address in the first instance whether the Delaware choice-of-law clause precludes Madden's claims.The District Court also denied Madden's motion for class certification, holding that potential NBA preemption required individualized factual inquiries incompatible with proceeding as a class. [read post]
12 Dec 2017, 9:57 am by Wolfgang Demino
We leave to the District Court to address in the first instance whether the Delaware choice-of-law clause precludes Madden's claims.The District Court also denied Madden's motion for class certification, holding that potential NBA preemption required individualized factual inquiries incompatible with proceeding as a class. [read post]