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28 Feb 2009, 7:40 am
Young, the plaintiffs' default judgment has been vacated, and the defendant has retained counsel. [read post]
16 Feb 2012, 12:08 pm by Gordon Smith
" Freedom of Contract and Default Contractual Duties in the Delaware Limited Partnerships and Limited Liability Companies, 46 Am. [read post]
17 Apr 2009, 7:44 am
KSL Salt Lake reports that SALT LAKE CITY (AP) -- The developer of a bankrupt luxury community near Park City was able to buy his own project back.Najafi's major creditor, the Swiss investment bank Credit Suisse, decided not to try to recover Promontory, which is operating at a loss.That left Najafi the only bidder in a courtroom Friday.Najafi bought Promontory for $30 million after defaulting on $350 million in loans packaged by Credit Suisse.Lawyers say the deal wipes out hedge… [read post]
18 Jul 2012, 9:15 am by By JESSE EISINGER
A proper market would want an organization that was impartial, regulated, transparent and open to appeal, but with credit default swaps, there is no such luck. [read post]
7 Oct 2013, 10:53 pm by David Friedman
One thing that puzzles me about the current controversy is that almost everyone talks as though hitting the debt limit means that the federal government must default on interest payments on its debt. [read post]
The 2014 Definitions introduce a new government bail-in Credit Event trigger for credit default swap (CDS) contracts on financial Reference Entities in non-U.S. jurisdictions and also modify the typical terms of sovereign CDS contracts in light of the Greek debt crisis, by allowing a buyer of protection to deliver upon settlement the assets into which the Reference Obligation has converted even if such assets are not otherwise deliverable. [read post]
10 Mar 2012, 12:31 pm by Steve Bainbridge
The market for sovereign CDSs would never have recovered if the Greek default hadn't been acknowledged as an event of default. [read post]
16 Jun 2010, 6:32 am by John Buford
The Court may enter default on its own motion (i.e., the "or otherwise" clause of Rule 55(a)). [read post]
13 Sep 2011, 4:47 pm
And with the recession, and high unemployment rates for young workers, default rates may continue to rise for some years. [read post]
27 Apr 2012, 1:53 pm by BuckleySandler
On April 25, Fannie Mae issued Servicing Guide Announcement SVC-2012-06, which sets new policies and clarifies several delinquency management and default prevention requirements related to (i) electronic submission of borrower response package documents, (ii) income documentation for employed borrowers, (iii) determining monthly gross income, (iv) modifications of loans secured by leasehold estates, (v) property valuation, and (vi) executing and recording modification agreements. [read post]
6 Jun 2007, 6:23 pm
Quick, call your credit card companies and ask if they use "universal default". [read post]
21 Apr 2009, 9:00 am
., when the New York County Supreme Court found Natixis wasn't in default of its lease, the landlord appealed to the Appellate Division, First Department. [read post]
6 Jul 2021, 5:00 am
The trial court opened the default and allowed the case to proceed. [read post]
21 May 2012, 5:15 am by Mandelman
If you want to know how to strategic default, ask the MBA… Mortgage Banking Association. [read post]
21 May 2012, 5:06 am by Mandelman
Lately, the question is: what is a strategic defaults, or as the mortgage banking industry would call them “ruthless defaults”. [read post]
15 Oct 2013, 5:47 pm by Jon Gelman
With only hours left, and the politicians in Washington DC still unsettled about how to resolve a US credit default, the focus turns to the impact on workers' compensation programs throughout the country. [read post]