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GRATA International | Uzbekistan | 29 Jul 2019

The Central Bank keeps the refinancing rate at 16% per annum

By decision from 20 July 2019, the Board of the Central Bank kept the refinancing rate unchanged at 16% per annum. This decision of the Board of the…
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Gómez-Acebo & Pombo Abogados | Spain | 4 Jan 2019

Homologación de acuerdos de refinanciación de deudas financieras de la masa del concurso

Se explora la posibilidad de que los acreedores financieros de la masa del concurso puedan solicitar una homologación judicial de un Acuerdo de…
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Manatt Phelps & Phillips LLP | USA | 27 Nov 2018

Online Lender Settles With FTC Over Refinancing Misrepresentations

Since at least April 2016, the online lender made “prominent” false statements about loan refinancing savings in television, direct mail and internet…
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Hunton Andrews Kurth LLP | USA | 14 Nov 2018

Building Relationships: New York Real Estate Highlights | Fall 2018

Hunton Andrews Kurth LLP is a global law firm of over 1,000 lawyers serving clients in the United States, Europe, Latin America and Asia. The firm…
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Meister Seelig & Fein LLP | USA | 5 Nov 2018

Key New Developments in Real Estate Finance

The following is a summary of the most important new developments in U.S. real estate finance, during the period from April-October of 2018. These…
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Advokatfirmaet Grette AS | Norway | 2 Nov 2018

FSAN publishes draft regulation on prudent consumer lending practices

In 2017 the Financial Supervisory Authority of Norway (FSAN) published guidelines on prudent consumer lending practices. However, in order to strengthen the FSAN's ability to ensure that the 2017 guidelines are actually implemented, it has now proposed that they be converted into a regulation. This would make it easier for the FSAN to impose penalties on institutions that fail to comply with......
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Porter Wright Morris & Arthur LLP | USA | 4 Oct 2018

IRS letter ruling generates interest in employer student loan benefit plans, but be aware of testing and other issues

The Internal Revenue Service (IRS) recently issued a private letter ruling, PLR 201833012 (PLR) that has generated interest among employers about…

Asters | Ukraine | 26 Sep 2018

Asters defends interests of PrivatBank in dispute worth over UAH 2 billion before Supreme Court

Asters successfully defended the interests of PrivatBank CB JSC, the largest bank by assets in Ukraine, in a dispute with Pivdenmedbiosintez Design…
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Walder Wyss Ltd | Switzerland | 21 Sep 2018

Recent developments in the Swiss securitisation market in 2017/18

In 2017 and 2018 the public Swiss ABS market has seen a number of transactions by constant ABS issuers, such as AMAG Leasing AG, Multilease AG and…
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Harneys | British Virgin Islands | 26 Jun 2018

Security for costs - Don’t Delay!

The English Commercial Court has held that delay in seeking security for costs can lead to a reduction in the amount ordered for incurred costs…
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