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9 Mar 2010, 8:46 am
Weekly D245aInsurance -- Commercial general liability -- Coverage -- Insurance dispute arising out of state court slip-and-fall suit against underlying defendants that culminated in Coblentz agreement, which was subsequently reduced to consent judgment -- Duty to defend -- Insurer was relieved of its duty to defend, given the omission in underlying complaint of plaintiff's uncontroverted receipt of workers' compensation benefits and her employment status and the… [read post]
9 Mar 2010, 5:00 am
” The Financial Crimes Enforcement Network, Federal Reserve System, Federal Deposit Insurance Corporation, National Credit Union Administration, Office of the Comptroller of the Currency, Office of Thrift Supervision, Securities and Exchange Commission, and Commodity Futures Trading Commission all joined in the guidance. [read post]
4 Mar 2010, 11:02 am
The judge in the Washington Mutual bankruptcy case is postponing a hearing as the bank tries to resolve disputes with JPMorgan Chase and the Federal Deposit Insurance Corporation. [read post]
4 Mar 2010, 6:09 am
By insuring that states would always compete for charters through ever-more diluted restrictions, the federal system resulted in unrestricted chartering of corporations by the end of the nineteenth century. [read post]
2 Mar 2010, 3:25 am
Shelby’s plan would create a new Consumer Protection Division inside the Federal Deposit Insurance Corporation, according to his summary…. [read post]
2 Mar 2010, 2:31 am
Federal Deposit Insurance Corporation is planning to sell $1.8 billion of guaranteed asset-backed debt, according to I.F.R., in what may be a step toward restoring confidence in securities closely tied to the financial meltdown. [read post]
28 Feb 2010, 6:29 am
The current corporate governance landscape includes proposed or actual reforms to these areas from federal legislation, SEC rule-making, state corporate legislation, changes to New York Stock Exchange rules, and stockholder proposals. [read post]
26 Feb 2010, 5:00 am
Says by Eric Dash in the New York Times After weathering the nation’s worst run of bank failures in nearly two decades, the Federal Deposit Insurance Corporation announced Tuesday that it had added 450 institutions to its list of challenged lenders in 2009 and warned that the industry was likely to remain under stress. [read post]
25 Feb 2010, 6:31 am
He claims Johnson told him the promissory notes were insured by the Federal Deposit Insurance Corp. [read post]
24 Feb 2010, 1:03 am
The bank was shut down by the Federal Deposit Insurance Corporation in January 2009. [read post]
15 Feb 2010, 2:33 pm
All week long, officials at the Federal Deposit Insurance Corporation watched with growing dismay as a YouTube video ricocheted around the Internet. [read post]
15 Feb 2010, 2:20 pm
Baykeeper; American Farm Bureau Federation v. [read post]
15 Feb 2010, 7:58 am
The Federal Deposit Insurance Corporation took the unusual step last week of rebutting a YouTube video charging the agency with selling IndyMac Bancorp to a group of private investors in a sweetheart deal. [read post]
14 Feb 2010, 1:54 pm
The transfer of intangible personal property such as stocks,bonds, corporate securities, bank deposits and mortgagesowned by a nonresident decedent is not subject to the NewJersey Inheritance Tax.3. [read post]
14 Feb 2010, 6:05 am
The study concludes that two-thirds of failed banks were previously cited by federal bank examiners or had ongoing appraisal administration problems. 22 of the 35 Federal Deposit Insurance Corporation Inspector General Material Loss Reviews of failed banks contained concerns or recommendations ignored from previous reviews regarding the appraisal practices of the banks. [read post]
12 Feb 2010, 5:16 am
(6) Where a corporation is insolvent, or in imminent danger of insolvency, or has forfeited its corporate rights [read post]
8 Feb 2010, 7:42 pm
So Parnegg, whose Albuquerque firm did lots of business with the locally-owned Charter, is out to try to get the sale of Charter to Beal Financial Corp. reversed, or to at least let the Office of Thrift Supervision and the Federal Deposit Insurance Corporation know that many Albuquerqueans are angry about the seizure and sale of the 30-year-old community bank. [read post]
8 Feb 2010, 3:15 am
Omni failed and was taken over by the Federal Deposit Insurance Corporation (“FDIC”) on March 27, 2009. [read post]
5 Feb 2010, 6:05 am
In the notable $85 billion federal bailout of AIG, however, some question whether the asserted prospect of severe counterparty losses actually existed. [read post]
3 Feb 2010, 6:24 am
Background Section 7 of the Federal Deposit Insurance Act (”FDIA”) requires the FDIC to establish a risk-based system to assess the probability that the Deposit Insurance Fund will incur losses from the failure of insured depository institutions. [read post]
