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28 Feb 2012, 7:09 am
Investor quality will change. [read post]
7 Jan 2010, 6:19 am
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
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
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
In addition, most of the antitrust litigation filed to date has named only corporate defendants. [read post]
15 Apr 2010, 2:53 am
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
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]
13 Jul 2020, 4:51 am
’s mortgage loan. [read post]
28 Feb 2011, 8:16 am
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
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
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
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]
24 Dec 2009, 6:31 am
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
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]