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3 Nov 2009, 3:06 pm
Recourse loans exist alongside non-recourse loans which, as the name implies, offer the lender no recourse against the borrower beyond foreclosure of the mortgage instrument. [4] Typically, non-recourse loans offer a higher degree of risk, and therefore carry a higher interest rate to match. [5] The banks run the risk that owners will abandon properties which they can no longer afford in a poor state of upkeep, reducing the value of the home, and therefore the amount the bank will receive… [read post]
2 Nov 2009, 8:05 am
 Part III stresses that under current U.S. law directors should have a duty to hedge. [read post]
2 Nov 2009, 8:03 am
It should be circumscribed by the limits established by U.S. case law on the duty of care, and as such, should be seen as a subcategory of the latter. [read post]
1 Nov 2009, 8:58 pm
” [33] However, due to the fact that the Tribune Company filed separately from the Chicago Cubs organization, the team should be clear from such action. [34] V. [read post]
3 Oct 2009, 1:56 pm
See Cunningham, 15 Ohio St.2d 121, 44 O.O.2d 119, 239 N.E.2d 40, paragraph two of the syllabus; Schmerber, 384 U.S. at 770-771, 86 S.Ct. 1826, 16 L.Ed.2d 908. [read post]
1 Oct 2009, 5:48 pm by admin
Court of Appeals for the Second Circuit held in State of Connecticut v. [read post]