Search for: "First Guaranty Financial Corporation"
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22 Jul 2013, 4:01 pm
The post Excluding Assets From a Personal Guaranty appeared first on San Jose Attorney and Counselor At Law - Richard G. [read post]
26 Oct 2023, 12:22 pm
On October 25, 2023, the Financial Condition (E) Committee (the “E Committee”) of the National Association of Insurance Commissioners (“NAIC”) adopted revisions to the Property and Casualty Insurance Guaranty Association Model Act (#540) which would ensure guaranty fund coverage following insurance business transfer or corporate division transactions. [read post]
17 Jul 2019, 5:00 am
So be aware of that; just because someone leaves the business doesn’t automatically mean that he is off of the guaranty.Corporate GuarantyA corporate guaranty is very similar to a personal guaranty. [read post]
23 Sep 2013, 7:22 am
Gische of the Appellate Division of the Supreme Court of New York, First Judicial Department found that ACA Financial Guaranty Corporation, as bond insurer, must make future, post-confirmation principal and interest payments on bonds issued pre-bankruptcy by a municipal issuer despite the fact that the bonds were exchanged for new bonds and cancelled under the municipality’s chapter 9 plan. [read post]
21 May 2018, 12:56 pm
Assured Guaranty has filed a lawsuit against Puerto Rico for the second time. [read post]
Orrick Alert: Following Chapter 9 Plan, Monoline Insurer Must Continue to Make Payments on Old Bonds
30 Sep 2013, 8:17 am
Gische of the Appellate Division of the Supreme Court of New York, First Judicial Department found that ACA Financial Guaranty Corporation, as bond insurer, must make future, post-confirmation principal and interest payments on municipal bonds issued pre-bankruptcy. [read post]
18 Aug 2010, 5:25 am
Safeguard Guaranty Corporation is offering “divorce insurance” under the brand name Wedlock Divorce Insurance. [read post]
14 Mar 2024, 2:00 am
., and New York City Housing Development Corporation (HDC) President Eric Enderlin announced an initiative to provide up to $50 million to help Minority Business Enterprises (MBE) overcome financial barriers and participate in developing much needed affordable housing for New Yorkers. [read post]
23 Oct 2012, 8:57 am
Bankruptcy Court for the Southern District of Florida found (1) that the granting of a guaranty by subsidiary corporations to secure more than $420,000,000 of new loans extended to the parent corporation, secured by liens on the corporate assets of the subsidiaries, was an avoidable fraudulent conveyance. [read post]
17 Apr 2013, 1:17 pm
Financial statements.11. [read post]
17 Apr 2013, 1:17 pm
Financial statements. 11. [read post]
15 Aug 2019, 11:24 pm
(TERI) took fees for providing guaranties for private student loans originated by The First Marblehead Corporation (not First Marblehead Bank) under a "rent-a-charter" scheme involving numerous national banks. [read post]
29 Nov 2018, 11:58 am
And TERI was one of the first casualties.But TERI was a corporate entity, and was arguably instrumentalized and misused to allow for-profit entities to take advantage of TERI's not-for-profit status. [read post]
14 Nov 2011, 12:38 am
Guaranty Bank of Austin, Texas’s August 21, 2009 closure is the fourth-largest bank failure during the current wave of bank failures and the tenth largest bank failure in U.S. history. [read post]
9 Jul 2018, 2:03 pm
Ambac, a monoline financial guaranty insurer, had agreed to insure payments of principal and interest owed to holders of 17 RMBS securitizations that had been sponsored by Countrywide. [read post]
23 Sep 2009, 7:08 am
We first show that airlines in financial distress obtain wage concession from employees whose pension plans are underfunded. [read post]
17 Sep 2008, 4:10 pm
First, there's no Federal guaranty assocation. [read post]
20 Jun 2013, 6:30 am
The guaranty fund is usually a special purpose non-profit corporation of the state. [read post]
17 Dec 2018, 2:00 am
The balance sheet for the Pension Benefit Guaranty Corporation’s (PBGC) single-employer plan moved into the black in the latest fiscal year (FY) to continue a trend of better results, but the multiemployer plan remains in deficit and at risk of insolvency in as few as 7 years, according to the agency’s FY 2018 Annual Report. [read post]
17 Sep 2017, 7:30 pm
Ambac Assurance Corporation is expected to issue a note guaranty insurance policy in conjunction with the notes to be issued by each trust. [read post]
