Search for: "The Federal Deposit Insurance Corporation, in its Corporate Capacity" Results 61 - 80 of 153
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16 Nov 2007, 5:38 am
(5)  CPLR 1206 (c) reads: "the court may order that money constituting any part of theproperty be deposited in one or more specified insured banks or trustcompanies or savings banks or insured state or federal credit unions orbe invested in one or more specified accounts in insured savings andloan associations, or it may order that a structured settlementagreement be executed, which shall include any settlement whose termscontain… [read post]
14 Dec 2009, 1:29 am by Kevin LaCroix
"   According to the press release, the complaint further alleges that:   (a) defendants’ assets contained hundreds of millions of dollars worth of impaired and risky securities, many of which were backed by real estate that was rapidly dropping in value and for which Sterling had failed to record adequate loan loss reserves; (b) defendants failed to properly account for Sterling’s commercial real estate loans and construction and land development loans, failing to reflect… [read post]
28 Apr 2014, 6:47 am by Joy Waltemath
According to a federal district court in New York, the conduct alleged by the former examiner would not have violated the whistleblower protection provisions of the Federal Deposit Insurance Act. [read post]
6 Apr 2012, 4:10 am by David J. DePaolo
Because the governor appoints three of the five MEM directors, the insurer is exempted from federal taxes as an “independent public corporation. [read post]
31 May 2023, 1:44 pm by Kevin LaCroix
The Order also encourages the Federal Reserve to continue its research, development, and assessment efforts for a U.S. [read post]
2 Sep 2008, 8:03 pm
In mid-July, the Federal Deposit Insurance Corporation (FDIC) issued a final policy statement on how it would treat covered bonds in the event of a bank’s failure,[1] and at the end of July, the Treasury issued a long statement on best practices for covered bonds.[2] In a covered bond transaction, mortgages remain on the books of the bank or other depository institution but serve as collateral for bonds issued to finance the acquisition of the mortgages.… [read post]
9 Mar 2010, 8:46 am by Law Lady
Weekly D245aInsurance -- Commercial general liability -- Coverage -- Insurance dispute arising out of state court slip-and-fall suit against underlying defendants that culminated in Coblentz agreement, which was subsequently reduced to consent judgment -- Duty to defend -- Insurer was relieved of its duty to defend, given the omission in underlying complaint of plaintiff's uncontroverted receipt of workers' compensation benefits and her employment status and the… [read post]
13 Jul 2017, 6:10 am by WOLFGANG DEMINO
The bonds, when accompanied by all unmatured coupons appurtenant to them, are lawful and sufficient security for all deposits of state funds and of all funds of any agency or political subdivision of the state, and of counties, school districts, cities, and all other municipal corporations or subdivisions at the par value of the bonds. [read post]
20 Sep 2011, 9:00 pm by Hedge Fund Lawyer
At least annually and distributes its audited financial statements prepared in accordance with generally accepted accounting principles to all limited partners (or members or other beneficial owners) within 120 days of the end of its fiscal year; ii. [read post]
7 Jun 2010, 8:34 am by Joseph C. McDaniel
But one of the Official Forms is close to the heart of every bankruptcy debtor in Arizona who is a human being, as opposed to a corporation or partnership or limited liability company debtor in a bankruptcy case. [read post]
13 Dec 2022, 11:16 am by Maribeth Meluch
Those can involve “bait” advertising, treatment of deposits, provision of written estimates and home sales. [read post]
29 Apr 2009, 12:29 pm
For further information on the PPIP, please visit: **** Public-Private Investment Program Updated: April 6, 2009 To address the challenge of legacy assets, Treasury - in conjunction with the Federal Deposit Insurance Corporation and the Federal Reserve - has announced the Public-Private Investment Program as part of its efforts to repair balance sheets throughout our financial system and ensure that credit is available to the households and… [read post]
15 Nov 2015, 9:30 pm by Grayson C. Weeks
Second, Congress should create a new prudential supervisory agency which would consolidate the supervisory responsibilities of the Federal Deposit Insurance Corporation, the Federal Reserve, the Office of the Comptroller of the Currency, as well as those of the U.S. [read post]
22 Apr 2023, 7:16 pm
 Pix Credit hereThe great project of convergence has been ingloriously drifting toward the trash bin of history de facto even as its once progressive now reactionary claque continues to hold high its de jure banner. [read post]
27 Sep 2009, 10:26 am
• The Federal Deposit Insurance Corporation is considering a loan from the U.S. [read post]
24 Feb 2011, 7:41 am by Law Lady
Co., 21 No. 17 Westlaw Journal Insurance Coverage 9, Westlaw Journal Insurance Coverage February 4, 2011An insurance carrier might have acted in bad faith when its agent calculated contributory negligence into a claim evaluation for a policyholder who was struck by a pickup truck, a Pennsylvania federal judge has ruled. [read post]
26 Jun 2023, 9:01 pm by renholding
”[14] Congress directed the department to serve in an advisory capacity to the banking agencies by providing the agencies “a report on the competitive factors” involved in a bank merger.[15] At the same time, Congress authorized the DOJ to serve in its law enforcement capacity by challenging in court any anticompetitive bank merger that violates antitrust law.[16] On this milestone anniversary of Philadelphia National Bank, it is appropriate to take stock… [read post]