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Results: 1-10 of 1,837

U.S. Secret Service issues Advisory on attacks targeting prepaid debit account payment processors

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 21 2013

After observing a noticeable increase in sophisticated attacks targeting payment processors of prepaid debit accounts in which criminals are able to

Changes to Basel III as we ring in 2013

  • Alston & Bird LLP
  • -
  • USA
  • -
  • January 23 2013

Over the weekend of January 5, 2013, the Basel Committee of the Bank for International Settlements issued its new plans for determining a bank's

Recent decisions on non-recourse carve-outs in CMBS loans

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 19 2012

Recent court decisions in the state of MichiganWells Fargo Bank, NA v. Cherryland Mall, ____ N.W.2d _____, 2011 WL 6785393 (Mich.App. 2011) (Cherryland) in the Michigan intermediate appellate court and 51382 Gratiot Avenue Holdings Inc. v. Chesterfield Development Company, 2011 U.S. Dist. LEXIS 142404 (E.D. Mi. Dec. 12, 2011) (Chesterfield) in a federal district courthave presented lenders, master and special servicers with new considerations in enforcing their rights and remedies, but confronted borrowers and guarantors in real estate finance markets with vastly different legal liability and unexpected economic consequences than had previously been understood or thought to have been documented in CMBS mortgage transactions

U.K.’s FSA suggests changes to EU bank branch passporting rights

  • Alston & Bird LLP
  • -
  • European Union, United Kingdom
  • -
  • February 10 2009

Yesterday, the U.K.’s Financial Services Authority (FSA) released a report entitled “Financial Risk Outlook 2009.”

Beal Bank assumes deposits of New South Federal Savings Bank

  • Alston & Bird LLP
  • -
  • USA
  • -
  • December 21 2009

On Friday, the OTS closed New South Federal Savings Bank, headquartered in Irondale, Alabama, and the FDIC was named as receiver

Evolving DDOS attacks provide the driver for financial institutions to enhance response capabilities

  • Alston & Bird LLP
  • -
  • USA
  • -
  • February 12 2013

Distributed Denial-of-Service (DDoS) attacks are not a new method employed by cyber criminals to inflict damage on victim entities’ networks. In fact

Summary of the proposed FATCA regulations

  • Alston & Bird LLP
  • -
  • USA
  • -
  • March 15 2012

On February 8, 2012, the IRS issued proposed regulations under the Foreign Account Tax Compliance Act (FATCA) that build upon prior FATCA notices issued by the IRS

The TIA and REMIC securitizations: one year after Policemen’s Annuity

  • Alston & Bird LLP
  • -
  • USA
  • -
  • April 4 2013

In April 2012, U.S. District Court Judge William Pauley concluded that mortgage-backed pass-through certificates issued pursuant to pooling and

President issues two new Executive Orders tightening sanctions on Iran and Syria

  • Alston & Bird LLP
  • -
  • Iran, Syria, USA
  • -
  • May 3 2012

President Obama has issued two new Executive Orders that impose significant new extraterritorial sanctions on persons who do business with Iran or Syria

Key provisions of an effective forbearance agreement

  • Alston & Bird LLP
  • -
  • USA
  • -
  • June 5 2009

As the economic downturn continues to affect our economy, a growing number of borrowers are having difficulty meeting the obligations under their financing arrangements