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20 Oct 2010, 7:25 am by Gina Botti
The most common methods of collecting a judgment include requesting a garnishment of a homeowner’s wages (‘continuing writ of garnishment’) or funds being held in their bank/brokerage account(s) (‘bank writ’). [read post]
20 Oct 2010, 7:25 am by Gina Botti
The most common methods of collecting a judgment include requesting a garnishment of a homeowner’s wages (‘continuing writ of garnishment’) or funds being held in their bank/brokerage account(s) (‘bank writ’). [read post]
12 Nov 2018, 5:00 am
It is an opportunity for the parties to ensure that they are in basic agreement with the loan amount, repayment terms, interest rate, collateral, guaranty requirements, and fundamental representations and covenants. [read post]
26 Aug 2015, 5:28 am by Mary Jane Wilmoth
The Department of Justice announced settlements in the following False Claims Act lawsuits: First Tennessee Bank N.A. [read post]
16 Feb 2010, 7:26 am
All of these set interest rates based on something called LIBOR, a rate set daily by British banks, for U.S. dollar deposits. [read post]
8 Jan 2009, 7:59 am
Ben Berry got a $500K “for entering into the covenant” (hmmm….almost sounds like a religious order) and David Twiddy got $425K for entering into his covenant. [read post]
19 Aug 2009, 1:32 pm
Aug. 6, 2009),  read opinion here, the Court addressed a former bank executive’s claims to enforce a change of control agreement she had with her employer bank before that bank merged into a successor bank and for advancement of fees and costs with respect to this litigation. [read post]
2 Aug 2016, 8:00 am by Thomas Kidera
Bank brought claims for breach of contract for Equifirst’s alleged misrepresentations regarding the quality of the underlying mortgage loans, and breach of the implied covenant of good faith and fair dealing arising from an alleged failure to notify contractual counterparties of Equifirst’s alleged breaches. [read post]
16 Jul 2013, 6:26 am
 If the either of those financial covenants reach a pre-negotiated threshold, the guaranty is terminated. [read post]
26 Feb 2007, 8:42 pm
Those lines of credit contain covenants that could allow the lenders to demand prepayment of the outstanding balance if Accredited has two consecutive quarters of losses, the company said. [read post]
31 Mar 2014, 6:23 am by Rebecca Tushnet
Deutsche Bank National Trust Co., No. 12–56892, 2014 WL 1244279 (9th Cir. [read post]
8 Jul 2009, 5:42 pm
  And with ten potential buyers, the question is: will any bank be willing to sell (and then mark its assets down accordingly)? [read post]
27 Mar 2018, 1:30 pm by zamansky
Just as in the high-yield bond market, covenants designed to prevent the most egregious behavior of borrowers were scrapped and investors took more on faith: Half of U.S. leveraged loans and 60% of Europe’s are ‘covenant-lite,’ according to the Institute of International Finance, a trade group. [read post]
27 Jan 2023, 11:03 am by Holly
In response, Georgia’s Court of Appeals in Northside Bank v. [read post]