Banking | Global Insolvency

U.S. District Court reverses U.S. Bankruptcy Court decision allowing Illinois mortgage to be avoided for failure to state interest rate and maturity date

01 March 2013

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U.S. Bank, Nat’l Ass’n v. Lightstone Holdings, LLC (N.Y. App. Div. Feb. 14. 2013) -- senior lender gets second chance to assert its priority over mezzanine lenders with respect to guaranty claim

21 February 2013

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Lenders beware

18 February 2013

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Loan ‘participant’ that bears no risk is neither a ‘participant’ nor a creditor

18 February 2013

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Illinois legislation rejects In re Crane

12 February 2013

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Strategic Growth Bancorp’s acquisition and recapitalization of mile high banks in a section 363 sale

13 February 2013

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Lender’s credit bid of entire debt at foreclosure sale results in forfeiture of rights to additional collateral

08 February 2013

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Investors in failed mutual bank cannot convert investment into a deposit

11 February 2013

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Latest trends in the enforceability of make-whole premiums

04 February 2013

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Attorney fee award to debtor is affirmed where creditor's "reasonable reliance" claims have no merit

01 February 2013

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