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Mechanics lien subordination: Illinois further limits construction lenders’ ability to ensure priority against mechanics liens

  • Sheppard Mullin Richter & Hampton LLP
  • -
  • USA
  • -
  • September 18 2014

On July 16, 2014, Illinois enacted Public Act 98-764 (Senate Bill 3023) (“SB 3023”), which amends the Illinois Mechanics Lien Act (770 ILCS 60 et

Community banks week in review - Sept 16, 2014

  • Nelson Mullins Riley & Scarborough LLP
  • -
  • USA
  • -
  • September 16 2014

Recognizing the slow-down in activity in both the agencies and Congress at the end of the summer, we have been on hiatus, but both the government and

Inside the courts - September 2014

  • Skadden Arps Slate Meagher & Flom LLP
  • -
  • USA
  • -
  • September 16 2014

This issue of Inside the Courts, Skadden’s securities litigation newsletter, includes summaries and associated court opinions of selected cases

Bank directors and officers win summary judgment on all FDIC claims

  • Alston & Bird LLP
  • -
  • USA
  • -
  • September 15 2014

Bank directors and officers (D&Os) have scored a significant victory with the first summary judgment ruling in favor of D&Os on claims of negligence

Financial services update September 15 2014 judicial developments

  • Winston & Strawn LLP
  • -
  • USA
  • -
  • September 15 2014

Dow and several foreign banks created partnerships that generated over one billion dollars in tax deductions for Dow. The partnerships allocated the

What lenders need to know about enforcement of foreign country court judgments within the US

  • Kaye Scholer LLP
  • -
  • USA
  • -
  • September 15 2014

In last year's International Issue, this publication contained articles discussing the growing Trend of US lenders to extend asset based loans to

SDNY rejects challenge to New York City’s responsible banking law

  • BuckleySandler LLP
  • -
  • USA
  • -
  • September 12 2014

On September 9, the U.S. District Court for the Southern District of New York dismissed an industry group's challenge to a New York City ordinance

Foreclosure of DC Condominium Association’s lien for unpaid assessments extinguishes first mortgage

  • BuckleySandler LLP
  • -
  • USA
  • -
  • September 12 2014

In a case of first impression, the District of Columbia Court of Appeals held that a condominium association’s foreclosure of a lien for unpaid

N.C. Supreme Court issues significant ruling on commercial forbearance agreements and spousal guaranties

  • Womble Carlyle Sandridge & Rice LLP
  • -
  • USA
  • -
  • September 12 2014

On August 20, 2014, the North Carolina Supreme Court issued an opinion giving great weight to properly-drafted forbearance agreements in a commercial

Merchants ask Supreme Court to consider interchange fees

  • Manatt Phelps & Phillips LLP
  • -
  • USA
  • -
  • September 11 2014

A coalition of merchants and retailers has requested that the U.S. Supreme Court weigh in on interchange fees. In March, the D.C. Circuit Court of