Chadbourne & Parke LLP | USA | 2 Nov 2011
The larger US solar rooftop companies have used various forms of master tax equity facilities to finance their projects.
Orrick, Herrington & Sutcliffe LLP | USA | 18 Apr 2011
On April 13, 2011, the Office of the Comptroller of the Currency ("OCC") announced consent orders and enforcement actions against eight national bank mortgage servicers (Bank of America, Citibank, HSBC, JPMorgan Chase, MetLife Bank, PNC, U.S. Bank, and Wells Fargo) and two third-party servicers (Lender Processing Services and subsidiaries, and MERSCORP and subsidiaries (including MERS)).
Kramer Levin Naftalis & Frankel LLP | USA | 17 Aug 2009
The Bankruptcy Court for the Southern District of New York recently issued a decision that, if left to stand unchallenged, effectively eviscerates a key structural component of a massive number of financings – specifically, the so-called "bankruptcy remoteness" of a special (or single) purpose entity.