NB. This article is not published yet. Please try again later.
More Popular Related Articles on Finance and Banking from USA
Overseas Shipping Group ("Overseas") recently sued its former attorneys, a prominent New York-based law firm, for legal malpractice in drafting credit agreements that resulted in the company incurring an estimated $463 million in tax liability.
Holland & Knight
On March 25, 2015, the U.S. Securities and Exchange Commission (SEC) adopted final rules that will greatly facilitate the ability of private (i.e., non-SEC reporting) financial institutions and other companies to access the capital markets and issue non-restricted.
The Bank Recovery and Resolution Directive (BRRD), a core piece of post-crisis regulation aimed at ending ‘too big to fail’, is being implemented across the EU.
Butler Snow LLP
What happens when a debt buyer sends a letter to a debtor offering to "settle" a debt—one whose statute of limitations has run?
FinCEN’s announcement discussed three examples of money-laundering activity that the bank allegedly facilitated.
Holland & Knight
This guide is designed to provide in a concise format the principal information that the buy-side needs to know about the U.S. margin rules.
Troutman Sanders LLP
On March 9, a regulatory milestone occurred. Consumer Financial Protection Bureau Director Richard Cordray presided over oral arguments in the first ever appeal of a CFPB administrative enforcement action.
Morrison & Foerster LLP
A divided Seventh Circuit found that the Truth in Lending Act (TILA), 15 U.S.C. § 1601 et seq., requires mortgage servicers to credit online electronic payments on the day...