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6 Jul 2022, 1:00 am by Harbir Deol
It is also common, for additional protection, to put in place a “parallel debt” structure. 10/10 NON-BANK LENDER RULES Loan agreements may be requalified into bonds (thus triggering adverse Swiss withholding tax and transfer stamp tax consequences) if either the 10 Non-Bank Lender Rule and/or the 20 Non-Bank Lender Rule is not complied with. [read post]
21 Jun 2022, 8:02 am by Dan Bressler
“Appeals Court Says ‘Gentleman’s Agreement’ Between Law Firm and Client Does Not Outweigh Contract” — “The New Jersey Appellate Division has rejected Basil Law Group’s claim that it is due $400,000 in fees and additional work promised in a ‘gentleman’s agreement’ with Noah Bank, after the bank’s CEO stepped down amid criminal charges. [read post]
15 Jun 2022, 8:19 am by Michael R. Guerrero and Doris Yuen
  One such tool is the “true lender” doctrine, where a state shows that the true lender is not the bank whose name is on the loan contract but rather the non-bank lender who has the predominant economic interest in the loan. [read post]
6 Jun 2022, 9:01 pm by Jillian Moss
She urges that this “open banking” approach allows for greater flexibility and consumer insight. [read post]
2 Jun 2022, 7:30 pm by The White Law Group
” Further, GWGH may not be able to obtain additional borrowing under existing debt facilities or new borrowings with other third-party lenders. [read post]
30 May 2022, 9:04 pm by Olivia Barrow
” Although SPCPs are an essential tool to advance equitable access to credit for historically excluded groups, they have gone underused since their authorization in the 1970s. [read post]
14 May 2022, 11:39 pm by Amanda Anderson
The post Digital Signature Pad Fraud By Auto Dealers in New York City appeared first on Schlanger Law Group LLP.. [read post]
12 May 2022, 9:50 pm by Amanda Anderson
The post CFPB, FTC And Consumer Advocate Groups File Amicus Briefs In Support Of Schlanger Law Group’s Appeal In FCRA Class Action appeared first on Schlanger Law Group LLP.. [read post]
6 May 2022, 7:30 am by Harbir Deol
If the security is created in favour of the lender directly, then it must be assigned by the existing lender to the new lender or recreated in favour of the new lender by the borrower. [read post]
5 May 2022, 6:53 am by Financial Times
With the new financing commitments, Musk will cut the margin loan he has taken with a group of lenders by half to $6.25 billion and increase the equity portion to $27.25 billion. [read post]
28 Apr 2022, 9:02 pm by Sam Wong
Department of Health and Human Services Secretary Xavier Becerra stated that the proposed rules will also “advance health equity,” as menthol cigarettes are disproportionately used by racial and ethnic minority groups. [read post]
28 Apr 2022, 5:55 am by Naomi Roht-Arriaza
The TDC in 2019 wrote to both France and the World Bank and International Monetary Fund (IMF) asking for an apology and reparations. [read post]
22 Apr 2022, 12:13 am by Tessa Shepperson
Demand for rentals at an all-time high Research by the Paragon Bank this week has shown the proportion of landlords reporting increasing tenant demand has hit an all-time high of 62 per cent. [read post]
17 Apr 2022, 6:49 am by Tom Sharbaugh
  The business model contemplates that almost every associate in the group will work extremely long hours—like greyhounds chasing the mechanical rabbit of partnership—and then the gods will decide that a few of them should become partners. [read post]
6 Apr 2022, 12:07 pm by Katherine Pompilio
According to officials, Russia’s Sberbank is the country’s largest bank and Alfa Bank serves as one of Russia’s top private lenders. [read post]
4 Apr 2022, 9:01 pm by Gary Gensler
Seeing these ads reminded me that, in the lead-up to the financial crisis, subprime lender AmeriQuest advertised in the Super Bowl. [read post]
31 Mar 2022, 7:00 pm by Daniel Jin
In March 2022, the central bank of the Netherlands, made new projections regarding its economy. [read post]