2021-01-06
By Keila Estevez Associate, Bernstein-Burkley, P.C. On December 27, 2020, President Trump signed a new $900 billion COVID-19 Relief Package. The bill provides for certain bankruptcy protections.
Read More from: Bernstein-Burkley, P.C.
2021-01-06
$600 stimulus (actually advance on tax credit) not subject to assignment/levy.
Read More from: Tampa Bankruptcy
2021-01-06
While a positive development, the bank is still operating under 10 other enforcement actions; the president said Alipay, WeChat Pay and six other apps pose national security risks.
Read More from: BankThink
2021-01-06
Several members of Congress challenging the result of the 2020 presidential contest received financial support from trade groups that could find themselves in hot water with some constituents.
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2021-01-06
The United States Bankruptcy Court for the District of New Mexico recently held that a federal credit union chartered under the Federal Credit Union Act, 12 U.S.C.
Read More from: Krieg DeVault
2021-01-05
Acquiring Boston Private could put the parent company of Silicon Valley Bank years ahead of schedule in catering to the investment needs of high-tech and biomedical clients, whose industries have thrived during the pandemic.
Read More from: BankThink
2021-01-05
A panel appointed by the Consumer Financial Protection Bureau said Congress should consider authorizing the bureau — and not the Office of the Comptroller of the Currency — to issue federal charters to fintech companies.
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2021-01-05
The Office of the Comptroller of the Currency terminated a 2015 consent order that required the bank to improve its controls for combating money laundering.
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2021-01-05
Rockefeller Capital Management will buy Whitnell & Co., a business Associated bought in 2017 that manages $1.4 billion of assets.
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2021-01-05
Seven states and the District of Columbia want to invalidate a new federal rule that threatens to hinder states’ power to cap interest rates on consumer loans.
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2021-01-05
The New York Court of Appeals recently handed down an important opinion on out of court restructurings involving bond debt. In CNH Diversified Opportunities Master Account, L.P., v.
Read More from: Bankruptcy Law Insights
2021-01-05
Felix Todd, formerly of Regions Financial, says "the excitement is authentic" at the New York community development bank, which has a reputation for being both innovative and purpose-driven.
Read More from: BankThink
2021-01-05
John Lund joined the Utah-based credit union as a courier in 1975 and was named CEO in 2012. His successor has spent more than three decades there.
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2021-01-05
The holidays came early for the United States Trustee (the “U.S.
Read More from: Business Finance & Restructuring News - Weil
2021-01-05
The digital currency and related distributed-ledger technologies could "enhance the efficiency, effectiveness and stability of the provision of payments," according to an interpretive letter issued by the Office of the Comptroller of the Currency.
Read More from: BankThink