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Rodgin Cohen is a partner and chairman of Sullivan & Cromwell LLP focusing on acquisition, corporate governance, regulatory and securities law matters. [read post]
24 Aug 2015, 8:16 am by Kelly Phillips Erb
You might land a big client or get an infusion of cash from an investor. [read post]
24 Aug 2008, 6:56 pm
The concerns arise out of the general economic malaise, the mortgage crisis and the current rate of bank failures across the U.S. [read post]
21 May 2024, 6:51 am by Dan Bressler
He declined to say how much Holland & Knight paid him, but said the monthly payment ‘helped cover my mortgage.'” “Sullivan Hits Back Against FTX Investors’ ‘Dubious’ Fraud Claims” — “FTX law firm Sullivan & Cromwell is slamming the ‘claim by some of the failed crypto exchange’s investors that its lawyers were complicit in a billion-dollar fraud. [read post]
3 Jan 2013, 12:28 am by Kevin LaCroix
In addition, most of the antitrust litigation filed to date has named only corporate defendants. [read post]
15 Apr 2010, 2:53 am by Kevin LaCroix
In particular, in many cases the investors have pursued securities lawsuits against the directors and officers of the failed banks. [read post]
11 Jan 2011, 12:04 am by Kevin LaCroix
The article, which was definitely making the rounds on the email circuit today, numerically demonstrates that litigation is becoming an almost invariable accompaniment to corporate mergers and acquisitions. [read post]
28 Feb 2011, 8:16 am by admin
It made all sorts of crazy adjustable rate mortgages that required no documentation of income; its array of products was also well known and disclosed to investors. [read post]
5 Aug 2008, 6:58 pm
There is also an argument for letting firms and investors choose between two distinct approaches to opting out of fiduciary duties. [read post]
30 Aug 2011, 7:17 am by Lovechilde
We now know that the American taxpayer was asked to rescue failing businesses without being given any of the concessions any other lender or investor would have been demanded -- like replacing the failed executives who ruined the enterprise, ending the practices that brought down the corporation (and the economy), or ensuring that the lender (who is also a customer) be treated fairly in all future business dealings. [read post]
8 Jan 2010, 7:46 am by admin
The SEC … alleges that [Countrywide] "misled the market by falsely assuring investors that Countrywide was primarily a prime-quality mortgage lender that had avoided the excesses of its competitors. [read post]
22 Jan 2023, 9:01 pm by renholding
In addition, on December 21, 2022, the New York DFS proposed guidance for New York state-regulated banking and mortgage institutions relating to management of material financial risks from climate change. [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]
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]
14 Jul 2008, 11:05 am
For example, the NERA report specifically mentions lawsuits involving corporate debt (as I also noted, here). [read post]
Attention is given in the chapter to modifying mortgages, including to the legal obstacles that arise from contracts related to the securitization of mortgages. [read post]
30 Jan 2019, 9:01 pm by Tamar Frankel
The Enron Corporation modernized the Ponzi scheme by using complexity to hide its true financial condition and using its shares to guarantee the value of its securitized assets.Secrecy also has a great appeal and can entice investors and instill trust. [read post]
4 Nov 2009, 1:49 am
  It is probably worth noting that another significant corporate investor in the Financial Guaranty Insurance Corporation, The Blackstone Group, has also been sued in a subprime-related class action lawsuit in connection with the company’s write-down of its investment in bond insurer, about which refer here. [read post]