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26 Apr 2020, 10:39 am by Kevin LaCroix
  The Lawsuit On April 24, 2020, a plaintiff shareholder filed a securities class action lawsuit in the Southern District of New York against the company; certain of its directors and officers; and its offering underwriters. [read post]
24 Apr 2020, 7:42 am by Rachel Bercovitz
The CFAA provides for criminal and civil liability for unauthorized access or damage to a “protected computer,” which includes federal computers, bank computers and computers connected to the internet. [read post]
23 Apr 2020, 9:02 pm by Joshua Burd
Of the new funds, $60 billion would be allocated to smaller lending institutions to address concerns that the program was only accessible to business owners who had existing relationships with large banks. [read post]
16 Apr 2020, 4:55 am by Hedge Fund Lawyer
District Judge Kevin Castel of the Southern District Court of New York issued an injunction against Telegram Group Inc. [read post]
10 Apr 2020, 4:12 am by INFORRM
A cluster analysis then yielded three country groups: one group with high resilience to online disinformation (including the Northern European countries) and two country groups with low resilience (including Southern European countries and the US). [read post]
4 Apr 2020, 5:49 pm
It will support member country central banks, and other financial institutions to meet trade debt payments that fall due and to avert trade payment defaults, said Afreximbank. [read post]
3 Apr 2020, 4:00 am by Kimberly A. Kralowec
Automobile Club of Southern California (2006) 142 Cal.App.4th 1394,1403 [adopting the test for unfairness set forth in 15 U.S.C. [read post]
2 Apr 2020, 3:56 am
Furthermore, the same consumers may seek mortgage banking and investment advisory services, and therefore the channels of trade and classes of consumers overlap.As to the degree of purchaser care, the Board must make its determination based on the least sophisticated consumer. [read post]
30 Mar 2020, 4:59 am by Chris Wesner
UNITED STATES BANKRUPTCY COURT FOR THE SOUTHERN DISTRICT OF OHIO EASTERN DIVISION AT COLUMBUS In re: NASHEL : : : : : Jose J. [read post]
27 Mar 2020, 1:26 pm by Kevin Kaufman
Each bank will set the interest rate for the new guaranteed loans according to the solvency and risk of each company. [read post]
26 Mar 2020, 8:45 am by Kevin Kaufman
” Further, the government has lifted the ceiling on businesses’ tax accounts so that companies won’t have to pay negative interest rates when placing cash in the bank. [read post]
24 Mar 2020, 1:51 pm by Kevin Kaufman
The aid packages provide relief to businesses through subsidized loans and central bank lending, and temporary relief from insolvency laws, immediate expensing (instant asset write-off), and accelerated depreciation. [read post]
21 Mar 2020, 4:48 am by Sophia Tang
., 475 F.Supp. 2d 54 (2007); Jin v Ministry of State Security, 557 F.Supp. 2d 131 (2008); Walters v Industrial and Commercial Bank of China, 651 F.2d 280 (2011)), but given the impact of COVID-19 this case probably is the most influential one. [read post]
20 Mar 2020, 9:48 pm by Sophia Tang
., 475 F.Supp. 2d 54 (2007); Jin v Ministry of State Security, 557 F.Supp. 2d 131 (2008); Walters v Industrial and Commercial Bank of China, 651 F.2d 280 (2011)), but given the impact of COVID-19 this case probably is the most influential one. [read post]
20 Mar 2020, 12:48 pm by Elliot Setzer
Most retail shops and corporate offices are being ordered shut, though banks, grocery stores, pharmacies, laundromats and some other businesses are exempted. [read post]
19 Mar 2020, 10:35 am by Chris Wesner
The Debtors do not identify those creditors, arguing that doing so would create a “run on the bank” while eliminating any leverage the Debtors have in their negotiations with the creditors. [read post]