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Two more courts 'just say no' to transfer taxes for Fannie and Freddie

Reed Smith LLP
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USA
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May 7 2013

Last week, two more federal district courts dismissed suits seeking to collect transfer real estate taxes from Fannie Mae, Freddie Mac, and their

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

Cyber fraud: lawsuit by local community bank demonstrates need for vigilance

Reed Smith LLP
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USA
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April 18 2013

A recent lawsuit filed by Charlotte-based Park Sterling Bank against a corporate customer highlights the importance of financial institutions having

Lenders beware

Reed Smith LLP
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USA
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February 18 2013

A new troubling case from California allows borrowers to present evidence of prior oral statements of a lender which contradict the terms of the

Loan ‘participant’ that bears no risk is neither a ‘participant’ nor a creditor

Reed Smith LLP
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USA
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February 18 2013

The dispute involved competing interests in the proceeds of a stock sale. The stock of the debtor’s subsidiary was pledged as security for repayment

New York High Court rules that statutory interest not included with liquidated damages - unless you say so

Reed Smith LLP
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USA
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February 14 2013

A recent opinion by New York's highest court (J. D'Addario & Co. v. Embassy Indus., Inc. Slip Op 07850, Court of Appeals) held that a seller's "sole

Illinois legislation rejects In re Crane

Reed Smith LLP
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USA
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February 12 2013

Custom and practice in Illinois with respect to mortgages has been to incorporate the note or other debt instrument by reference, rather than to

Sixth Circuit holds that mortgage foreclosure and foreclosure lawyers are subject to the FDCPA

Reed Smith LLP
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USA
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February 1 2013

The U.S. Court of Appeals for the Sixth Circuit recently held that mortgage foreclosure actions are "debt collection" under the Fair Debt Collection

Illinois legislation trumps In re Crane bankruptcy court decision

Reed Smith LLP
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USA
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December 14 2012

Since the In re Crane decision was handed down by the Bankruptcy Court for the Central District of Illinois in April 2012, all eyes in the mortgage banking industry have been focused on the appeal of the decision pending in the U.S

Court of Appeal holds that a payment guarantee issued in respect of an instalment due under a shipbuilding contract was an “on-demand” bond

Reed Smith LLP
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United Kingdom
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December 12 2012

Reed Smith (Charlie Weller) has represented the successful Appellant in Wuhan Guoyu Logistics Group Co Ltd v Emporiki Bank of Greece SA 2012 EWCA Civ 1629

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Search results

Two more courts 'just say no' to transfer taxes for Fannie and Freddie

Cherryland update: is turnabout fair play?

Cyber fraud: lawsuit by local community bank demonstrates need for vigilance

Lenders beware

Loan ‘participant’ that bears no risk is neither a ‘participant’ nor a creditor

New York High Court rules that statutory interest not included with liquidated damages - unless you say so

Illinois legislation rejects In re Crane

Sixth Circuit holds that mortgage foreclosure and foreclosure lawyers are subject to the FDCPA

Illinois legislation trumps In re Crane bankruptcy court decision

Court of Appeal holds that a payment guarantee issued in respect of an instalment due under a shipbuilding contract was an “on-demand” bond

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