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29 Jun 2023, 5:00 am by written by Adrian Rosu
The consequences for a corporation failing to provide a status certificate within the prescribed time are significant. [read post]
28 Jun 2023, 5:34 am by Andrew Lavoott Bluestone
Plaintiffs further note that Baker held some of the Mortgages in escrow for over a year (id. [read post]
26 Jun 2023, 9:01 pm by renholding
In reaching its decision, the Supreme Court recognized that bank competition is critically important for families who are trying to take out a mortgage or earn interest on their savings. [read post]
  The phase-out will begin in the 2025 CFT year (which is the 2024 income tax year) and the CFT will be reduced by 25% for each year in which overall corporate tax collections (from the CFT and the Corporation Income Tax) exceed $600 million. [read post]
13 Jun 2023, 5:04 pm by Arianna Morseau
Managing Attorney – Corporate/Finance/Complex Transactions. [read post]
5 Jun 2023, 10:30 pm by Sherica Celine
Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. [read post]
3 Jun 2023, 7:41 am by Russell Knight
These loans keep the business owner liquid and provide them with the flexibility needed to maintain their business and their personal life. [read post]
31 May 2023, 9:01 pm by renholding
The OCC and CFPB’s decrees also provided detailed three-stage “action plans” for compliance. [read post]
30 May 2023, 10:53 am by Greg Lambert and Marlene Gebauer
We talk with ⁠Michael Bommarito⁠, CEO of 273 Ventures and well-known innovator and thinker in legal technology and education. [read post]
29 May 2023, 9:01 pm by renholding
The proposed amendments to DGCL Section 272 would provide Delaware corporations with a safe harbor from the Section 271 stockholder approval requirement in connection with dispositions of property or assets subject to a mortgage or pledge if certain conditions are satisfied. [read post]
29 May 2023, 8:48 pm by Peter Mahler
Defendants also alleged that the notice of election was defective because it failed to include a release of defendants as guarantors under the existing mortgage on the LLC’s realty, unlike the outside buyer’s offer which included repayment of the existing mortgage. [read post]
26 May 2023, 4:43 pm by Arianna Morseau
   The associate must be skilled in managing complex litigation and providing staff direction. [read post]
23 May 2023, 9:05 pm by renholding
Citibank, Bank of America, Wachovia, and Washington Mutual all failed in 2008 (three were bailed out and one was seized and sold) because managers fatally misunderstood mortgage risk. [read post]
23 May 2023, 9:01 pm by renholding
Today, nearly 75 years later, the private fund industry has grown to $25 trillion[8] in gross asset value amongst tens of thousands of funds[9]—larger than the entire $23 trillion commercial banking sector.[10] Private fund advisers playan important role in each sector of the capital markets, whether it’s equities, treasuries, corporate bonds, mortgages, municipals, private credit, loan origination, or many other markets. [read post]
22 May 2023, 4:07 am by Peter J. Sluka
Upon the court-ordered dissolution of a corporation, BCL 1111(c) provides that the court may, “in its discretion” provide for the distribution of the corporation’s property. [read post]
11 May 2023, 9:05 pm by renholding
In the end, our arguments are based on the idea that the failure of banks is not comparable to the failure of any other corporation. [read post]
11 May 2023, 6:24 am by Offit Kurman
You will need to provide information as to what accounts, property, etc., is jointly or solely owned by one or both of you or if the assets are owned by a corporation or partnership. [read post]
10 May 2023, 10:37 am
For example, if you will be maintaining ownership of your family home, you may be able to take advantage of mortgage interest deductions and property tax deductions. [read post]