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7 Jul 2022, 8:00 am
As a non-recourse lender will not have the benefit of a borrower’s credit covenant if a default under the art loan occurs, non-recourse loans are generally more costly when compared with recourse loans in order to reflect the higher credit risks to lenders in non-recourse lending. [read post]
13 Feb 2015, 7:16 am
She noted that paying more than a total of $285,000 would cause the company to default on bank covenants and she gave them the task of divvying up the $285,000. [read post]
5 Nov 2011, 11:15 am
In Virginia, the designation of a responsible party for a residential subdivision BMP is typically found in the association’s declaration of covenants and restrictions (or declaration of condominium, if a condominium). [read post]
10 Feb 2020, 10:58 am
The cases were Ex-Im Bank of Rep. of China v. [read post]
6 Mar 2011, 7:55 pm
Promises, covenants, and oaths, which are the bonds of human society, can have no hold upon an atheist. [read post]
13 Nov 2008, 12:07 pm
The district court summarized the three ways in which federal law may preempt state law, and noted that while there is generally a presumption against federal presumption, that presumption does not apply to the banking industry because it is “‘an area where there has been a history of significant federal presence. [read post]
13 Jan 2020, 6:44 am
They used “several measures of contractual detail” to compare the performance of the banks based on how detailed their loan agreements were: Consistent with the idea that more complete contracts create less holdup and therefore allow for greater investment efficiency, we find that subsequent annual return on assets and sales growth are higher for firms which sign more detailed loan contracts, conditional on other contractual features such as loan size and… [read post]
12 Jan 2007, 7:54 am
He signed the bill establishing the Second Bank and he vetoed an internal improvements bill. [read post]
5 Mar 2018, 5:51 pm
Light covenants and low interest rates continue to drive debt multiples. [read post]
10 Sep 2021, 11:36 am
Bank of Keysville, 229 Va. 534, 541 (1985)). [read post]
27 Jan 2017, 6:08 am
Simon, Schulte Roth & Zabel LLP, on Wednesday, January 25, 2017 Tags: Acquisition agreements, Acquisitions, Appraisal rights, Boards of Directors, Break fees, Covenants, Deal protection, Delaware law, DGCL, Fiduciary outs, Merger litigation, Mergers & acquisitions, Target firms, Tender offer White Collar and Regulatory Enforcement: What to Expect in 2017 Posted by John F. [read post]
2 Jul 2010, 5:45 am
Banks "All are welcome" is a common phrase on many a church sign and website. [read post]
20 Apr 2015, 4:00 am
With a solid and realistic plan, the company is more likely to receive cooperation from its bank. [read post]
Ninth Circuit Rulings on Equitable Mootness in Transwest and Sunnyslope Impact Third Party Investors
18 Apr 2016, 10:09 am
Bank v. [read post]
29 Jun 2010, 12:53 am
In particular, practices such as land banking (leaving land dormant in the expectation that it will be zoned for development, multiplying its market value) must be tackled. [read post]
26 Nov 2018, 2:39 pm
For example, Alabama includes an exemption from registration for advisers whose sole clients are banks, trust companies, insurance companies and employee benefit plans with assets of greater than $1 million. [read post]
11 Oct 2019, 6:03 am
Simpkins, Davis Polk & Wardwell LLP, on Saturday, October 5, 2019 Tags: Board composition, Boards of Directors, Diversity, Index funds, Institutional Investors, Shareholder voting, Stewardship Taking a Play out of the Financial Acquirer’s Playbook Posted by Jamie Leigh, Eric Schwartzman, and Ian Nussbaum, Cooley LLP, on Sunday, October 6, 2019 Tags: Acquisition agreements, Contracts, Covenants, Delaware… [read post]
17 Feb 2021, 4:00 am
With a solid and realistic plan, the company is more likely to receive cooperation from its bank. [read post]
13 Dec 2011, 1:29 pm
At partner levels it's either a top legal job or out of law entirely to the coveted investment-banking world, as Cleary's former managing partner, Mark Walker did last month, when he joined Lazard in Paris. [read post]
23 Dec 2021, 6:51 am
County land reutilization corporations (i.e., county land banks) will administer the program, and all funding will go through those entities. [read post]
