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19 Nov 2009, 6:26 am
A qualified receiver is similar to a “conservator†under the Federal Deposit Insurance Act, except that a qualified receivership would have had a limited initial term of two years, with up to three one-year extensions, for a maximum life of five years. [read post]
18 Nov 2009, 6:37 am
They discussed community association rent receiverships, and how they serve to aggressively and creatively aid a community association in its collection of unpaid assessments. [read post]
18 Nov 2009, 12:47 am
was removed as receiver over an alleged undisclosed conflict of interest, it appears that the firm still seeks to be compensated for the work done on behalf of the receivership. [read post]
11 Nov 2009, 8:50 am
Holder In Due Course Basics First, we must start with the basics of holder in due course law before we get into how the FDIC (and buyers of loans from their failed bank receiverships) use the FHDC Rule against borrowers and guarantors. [read post]
11 Nov 2009, 1:29 am
†This does seem to be a difficult situation and one that may become more common with more landlords falling into receivership. [read post]
3 Nov 2009, 7:37 am
Chicago Partner Samuel Levine gave a presentation during the annual meeting of the American College of Real Estate Lawyers (ACREL) on the topic Receiverships for Distressed Real Estate. [read post]
2 Nov 2009, 2:05 am
" According to the Los Angeles Times article linked above, the holding company had owned $855 million in preferred Fannie and Freddie shares that became worthless when the government placed the companies in receivership in September 2008. [read post]
2 Nov 2009, 12:33 am
District Judge Federico Moreno first read the final fee request for the Mutual Benefits fraud receivership, he thought lawyers were seeking $1.1 million, not $11 million. [read post]
2 Nov 2009, 12:18 am
.'' Tobin also write that there may be ``multiple filing of receivership motions'' and that creditors may also file a motion. [read post]
31 Oct 2009, 10:59 am
 Do you suppose these clown princes of finance actually think that they’re out of the woods and won’t have to be thrown into receivership after the midterms are over? [read post]
30 Oct 2009, 6:57 am
District Judge Federico Moreno first read the final fee request for the Mutual Benefits fraud receivership, he thought lawyers were seeking $1.1 million, not $11 million. [read post]
30 Oct 2009, 4:40 am
Indeed, consider what's going on with our friend Allen Stanford and his receivership, which is just off the ground and has accrued over $36 million in fees -- or $100,000 a day. [read post]
25 Oct 2009, 8:00 am
The Texas Department of Insurance has a web site that provides some useful information when an insurance company goes into receivership. [read post]
24 Oct 2009, 8:00 am
No matter how much you try, it is unlikely that you would understand the claims process when a company goes into receivership. [read post]
23 Oct 2009, 9:24 am
These improvements include: (a) a restructuring of the court's intake and scheduling methods to facilitate community participation and feedback,; (b) the creation of receivership programs that allows the court to oversee property repairs and fine collection; (c) the contribution of community liaisons who provide assistance with case management, research and communication with neighborhood activists.; and (d)coordinating landlord-tenant eviction cases with the housing code violations… [read post]
22 Oct 2009, 1:51 pm
A separate part of the FDIC - the FDIC acting in their corporate capacity that insures bank deposits and regulates banks, as opposed to their receivership capacity where they arrange for the sale or liquidation of a failed bank Another bank that buys the loans through a Purchase and Assumption Transaction Some other private buyer. [read post]
22 Oct 2009, 2:39 am
Kenneth Welt, the receiver appointed to oversee Lewis Freeman's business, was sued by his brother who asked that Welt's business be put in receivership. [read post]
21 Oct 2009, 6:04 am
(Editor’s Note: The post below by Commissioner Sheila Bair is a transcript of her remarks to the International Institute of Finance Annual Meeting in Istanbul earlier this month, omitting introductory and conclusory comments; the complete transcript is available here.) [read post]
19 Oct 2009, 1:24 am
A Miami attorney who represented Freeman in receiverships said he was "in a state of shock and disbelief" when he heard that Freeman had put himself in receivership. [read post]
16 Oct 2009, 9:01 am
Freeman & Partners and place the firm in receivership under the control of another veteran South Florida receiver, Kenneth A. [read post]
