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Illinois Legislature and court clarifies confusion on mortgage requirements after In re Crane

Miller Canfield PLC
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USA
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May 23 2013

A new Illinois law will close a loophole through which some mortgages could be subject to avoidance in bankruptcy. The loophole, created by U.S

A warning to financial institutions: failure to issue a litigation hold may have serious consequences

Frost Brown Todd LLC
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USA
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May 3 2013

As electronic discovery has become more prevalent and voluminous, national standards for the preservation of evidence have evolved dramatically in

Bankruptcy implications of Affiliated Lender provisions and debt buybacks

King & Spalding LLP
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USA
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May 1 2013

Over the last few years, provisions in credit agreements permitting the Borrower’s equity sponsor and other affiliates (typically referred to as

What about make-whole premiums?

Richards Kibbe & Orbe LLP
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USA
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April 30 2013

An important decision by Judge Kevin Carey of the United States Bankruptcy Court for the District of Delaware recently focused the distressed debt

EuroResource--deals and debt

Jones Day
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Argentina, Cyprus, France, United Kingdom, USA
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April 29 2013

On 29 March 2013, the Republic of Argentina proposed an alternative payment formula to the U.S. Court of Appeals for the Second Circuit that, if

Cherryland update: is turnabout fair play?

Reed Smith LLP
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USA
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April 25 2013

Last year in this space we reported on a pair of Michigan court decisions (51382 Gratiot Avenue Holdings, Inc. v. Chesterfield Development Company

Secured lender's large makewhole claim upheld by Delaware Bankruptcy Court

Ropes & Gray LLP
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USA
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April 25 2013

The United States Bankruptcy Court for the District of Delaware recently upheld a secured lender's claim for a $23.5 million "makewhole" premium (the

Second Circuit rejects edge act jurisdiction in AIG RMBS case

Orrick Herrington & Sutcliffe LLP
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USA
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April 22 2013

On April 19, the Second Circuit ruled that a lawsuit brought by American International Group (AIG) against several Bank of America entities involving

New agency guidance on resolution plans of U.S. and foreign banking organizations: moving to the hard questions

Gibson Dunn & Crutcher LLP
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USA
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April 22 2013

On April 15, 2013, the Board of Governors of the Federal Reserve System (Federal Reserve) and the Federal Deposit Insurance Corporation (FDIC) issued

Freddie Mac announces numerous servicing policy updates

BuckleySandler LLP
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USA
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April 22 2013

On April 15, Freddie Mac issued Bulletin Number 2013-6, which announces numerous revisions to servicing requirements. The bulletin updates the

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Search results

Illinois Legislature and court clarifies confusion on mortgage requirements after In re Crane

A warning to financial institutions: failure to issue a litigation hold may have serious consequences

Bankruptcy implications of Affiliated Lender provisions and debt buybacks

What about make-whole premiums?

EuroResource--deals and debt

Cherryland update: is turnabout fair play?

Secured lender's large makewhole claim upheld by Delaware Bankruptcy Court

Second Circuit rejects edge act jurisdiction in AIG RMBS case

New agency guidance on resolution plans of U.S. and foreign banking organizations: moving to the hard questions

Freddie Mac announces numerous servicing policy updates

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