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19 Jul 2015, 6:52 pm
With three exceptions, as hereafter discussed, the term foreign judgment refers to 'Any judgment, decree or order' of a sister state The quoted language appears to be clear and unambiguous and perhaps leads to the conclusion that article 54 is intended to cover All judgments, and that it makes no difference whether the foreign judgment requires the payment of money, or orders or restrains the doing as an act, or declares rights or duties of any other character in law or quoted, in probate,… [read post]
6 Mar 2015, 12:53 pm by MOTP
ARBITRABILITY OF HEALTH CARE LIABILITY CLAIMS IN TEXAS: FAA PREEMPTION AND MFA REVERSE PREEMPTION IN THE MED-MAL CONTEXT In an opinion released today, the Texas Supreme Court holds that the federal law that accords states the right to regulate the business of insurance (McCarran-Ferguson Act) does not furnish an exception to the general principle that the FAA (Federal Arbitration Act) preempts the TAA (Texas Arbitration Act) and other state arbitration laws when the two conflict, where the… [read post]
29 Aug 2011, 2:08 am by Kevin LaCroix
”   IndyMac MBS was a subsidiary of IndyMac Bank, and is now wholly owned by the IndyMac federal receivership. [read post]
The chapter also considers the receiverships of AIG and government-sponsored enterprises (principally Fannie Mae and Freddie Mac), the engineering-assisted transactions (including JP Morgan’s acquisition of Bear Stearns and Bank of America’s purchase of Merrill Lynch), as well as other measures adopted to stabilize troubled financial institutions. [read post]
10 May 2007, 8:09 am
  Former mayor, former HUD regional administrator, today's happy receiver   Receivership, as the judge contemplates, is a remedy for incompetence or insubordination, not insolvency, a distinction the judge has chosen to overlook:   Still, Judge Kevin McCarthy has said the agency's troubled finances are no reason for the victims to remain unpaid. [read post]
11 Feb 2007, 6:52 am
As a resource for class action defense attorneys who defend against RESPA (Real Estate Settlement Procedures Act) class actions, we provide the text of Regulation X. [read post]
7 Apr 2009, 1:32 am
Visit Legal Technology Dead Companies Can Tell Tales Legal Times What happens to the attorney-client privilege when a corporation enters bankruptcy or receivership? [read post]
14 Dec 2011, 2:46 pm by Jennings, Strouss & Salmon
In the absence of these actions, banks should be aware of potential nuisance actions or the exercise of local receivership powers to seize properties. [read post]
25 Oct 2021, 2:55 am by Peter Mahler
The court was equally dismissive of the two Myrons’ failure to present evidence opposing receivership, writing, Brandon’s application for a receiver is amply supported, whereas Respondents’ opposition is wholly lacking, despite their control of the books and records. [read post]
5 Jun 2017, 3:34 am by Peter Mahler
Second, in January 2015 she filed a complaint in New York state court asserting direct and derivative claims for breach of contract and breach of fiduciary duty, based on various alleged violations of, and defaults under, the divorce settlement and Stockholders Agreement by reason of Jeffrey’s dissolution of AETEA and receivership petition. [read post]
8 Jun 2012, 5:00 am by Josh Sturtevant
After some initial success, the club has fallen on hard times, sold most of its players, and may need to go into receivership. [read post]
7 Feb 2012, 10:12 am by Max Kennerly, Esq.
The original company went into receivership, a judge declare their parent company immune from legal liability, and so they didn’t even bother to defend the case after that. [read post]
5 Jun 2017, 3:34 am by Peter Mahler
Second, in January 2015 she filed a complaint in New York state court asserting direct and derivative claims for breach of contract and breach of fiduciary duty, based on various alleged violations of, and defaults under, the divorce settlement and Stockholders Agreement by reason of Jeffrey’s dissolution of AETEA and receivership petition. [read post]
19 Dec 2011, 12:25 am by Kevin LaCroix
The well-publicized settlement this past week of the FDIC’s lawsuit against three former officers of the failed WuMu bank was widely reported as having a value of $64.7 million. [read post]
25 Oct 2012, 2:14 am by Kevin LaCroix
The insurers will further argue that the sole basis on which the FDIC has any right to assert the claims is because, by operation of the receivership, it is acting “in the right of” the failed bank, and therefore the preclusive language of the exclusion applies, notwithstanding the fact that the FDIC may have other purposes and motivations in bringing the action. [read post]
17 Jun 2011, 2:54 am by Marie Louise
(Excess Copyright) Ontario Court of Appeal opines on technology licences in receivership case: Canrock Ventures LLC v. [read post]