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Results: 1-10 of 3,645

Delaware court enforces subordination agreements despite senior indenture trustee’s late filing of senior claims

  • Schulte Roth & Zabel LLP
  • -
  • USA
  • -
  • July 29 2014

The United States District Court for the District of Delaware, on July 21, 2014, held that an indenture trustee's late filing of senior claims did

Bankruptcy court refuses to dismiss class suit claiming bank’s credit reporting practices violated Bankruptcy Code

  • BuckleySandler LLP
  • -
  • USA
  • -
  • July 25 2014

On July 22, the U.S. Bankruptcy Court for the Southern District of New York rejected a bank's motion to dismiss a putative class action adversary

CFPB, state AGs weigh in on TILA rescission

  • BuckleySandler LLP
  • -
  • USA
  • -
  • July 25 2014

This week, the CFPB and 25 states filed amicus briefs in Jesinoski v. Countrywide Home Loans, Inc., No. 13-684, a case pending before the U.S

Maryland’s High Court holds suits under finder’s fee law subject to three-year statute of limitations

  • BuckleySandler LLP
  • -
  • USA
  • -
  • July 25 2014

On July 21, the Court of Appeals of Maryland, the state's highest court, held in responding to a question certified by the U.S. District Court for

United States Bankruptcy Court rejects creditor’s cost claim because of defective notice

  • LeClairRyan
  • -
  • USA
  • -
  • July 25 2014

Lenders should be aware of a recent Bankruptcy Court decision that barred a lender from obtaining certain costs when it did not comply with a notice

Personal liability, bank directors and the business judgment rule

  • Porter Wright Morris & Arthur LLP
  • -
  • USA
  • -
  • July 25 2014

Last April, a trade association for bank directors, the American Association of Bank Directors reported the results of a survey designed to measure

Not a holder in due course? Not necessarily a standing problem

  • Porzio Bromberg & Newman PC
  • -
  • USA
  • -
  • July 25 2014

By now, all lenders have likely been faced with at least one situation where a borrower alleges that the lender lacked standing to sue on a note

State AGs in the news

  • Dickstein Shapiro LLP
  • -
  • USA
  • -
  • July 24 2014

CWAG held its annual meeting this week in Park City, Utah, which was attended by several members of Dickstein Shapiro's State Attorneys General

Second Circuit holds mortgagor’s written request for information does not qualify as a QWR when not sent to the QWR designated address

  • Burr & Forman LLP
  • -
  • USA
  • -
  • July 24 2014

In Roth v. CitiMortgage Inc., 2014 WL 2853549 (2nd Cir. June 24, 2014), the Second Circuit held that although a mortgage had three letters requesting

Defendants granted limitations-based summary judgment in captive reinsurance class action

  • Carlton Fields Jorden Burt
  • -
  • USA
  • -
  • July 23 2014

A putative class of mortgage consumers sued Flagstar Bank and its captive reinsurer alleging that they engaged in an illegal "kickback" scheme with