Initial regulatory steps toward giving credit unions access to alternative sources of capital could add to bankers' concerns that their tax-advantaged rivals are expanding beyond their mission.
CEOs at several regionals have decided to sit on the sidelines so they can digest recent big acquisitions, while others are contemplating going for more deals provided they find lower-risk opportunities.
Jim Van Dyke, CEO of futurion, discusses the correlations between mobile deposit features, the ratings of those features, and app adoption.
Treasury Secretary-designate Steven Mnuchin struck a pro-banking industry tone during testimony on Capitol Hill Thursday while tangling with lawmakers over foreclosures, offshore accounts and other issues.
JPMorgan Chase increased Chief Executive Jamie Dimon’s compensation by 3.7% for last year as the bank’s stock advanced 31%.
Associated Banc-Corp in Green Bay, Wis., reported a sharp increase in profits on an 11% increase in noninterest income and on lower credit costs.
A diamond engagement ring can be a symbol of love and devotion. It can also be a potential problem in a bankruptcy proceeding. Ever since the DeBeers Organization began an aggressive marketing campaign for diamonds during the depression years of the 1930’s, diamond rings have become common place as in engagement arrangements. They can be valuable, and exemption laws often cover only limited amounts for jewelry.
Historically, an agreement to marry was a contract. As a down payment on this contract, the parties were often allowed to have sexual relations. Historically, when virginity was an important component of an agreement to marry, one party (typically a woman) was giving up something of value when she entered into an engagement…..an asset that could never be recovered. A “breach of marital promise” arose in many states and was often memorialized in statute. This was intended to protect women who gave up their virginity as part of the engagement when the partner failed to complete the marriage.
Just as the DeBeers company began its campaigns to market diamonds, state legislatures began to repeal the breach of marital promise legislation. Hence, the diamond engagement ring began to be considered a “non-refundable deposit” from prospective grooms to their betrothed.
Read More from: Bankruptcy Law Network
College Term Papers- The Way To Face These?
Majority of the students don’t seem to begin with most inside tough academic writings. The basic reason is the lack of spirit and commitment. While the remaining have troubles to build a paper because they do not know the precise way around. This article will help both cohorts of students eradicating their hurdles in the way of writing term papers comfortably.
Life and Works-Forster was developed in London on January 1, 1879. He was educated at King’s College, cambridge university. He wrote his first novel in the age of 26. The novel was ‘Where Angels Fear to Tread’. Exercises, diet tips published in 1905. His last notable novel was ‘A Passage to India’ (1924). The novel deals with the conflict of cultures in the ambiguous personal relationship between an English visitor also as an Indian during British tenet. It displays Forster’s own dislike of imperialism.
A mother of three young girls, a private business owner and a fan of accordion music, Mona says that prior towards the beginning of this revolutionary movement in 2011 she considered politics in her home country to end up like a predictable theater usefulness. It all took place on a stage. The script had already been written along with the audience of Egyptian citizens could only passively watch over. It didn’t matter if they liked the performance or less than. The plot was unchangeable.
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The Second Circuit issued its much anticipated decision in Marblegate Asset Management LLC v. Education Management Corp., holding that “Section 316(b) prohibits only non-consensual amendments to an indenture’s core payment terms.” At issue is whether the phrase “right . . . to receive payment” forecloses “more than formal amendments to payment terms that eliminate the right to sue for payment.” The Second Circuit held that it does not.
Since the inception of the TIA in 1939, most practitioners and courts have interpreted §316(b) as providing only limited protection to noteholders by prohibiting formal modifications of the payment terms or the right to sue. The traditional view, which remained largely unchanged for more than seven decades, is that §316(b) protects only a noteholder’s legal right to receive payment when due rather than any practical ability to receive it. By contrast, the Marblegate District Court decisions interpreted §316(b) as prohibiting amendments that impair noteholders’ practical ability to receive payment.
Read More from: Business Finance & Restructuring News - Weil
Upcoming Committee Formation Meeting: Friday, January 27, 2017, 10:00 am
Case Name: 17-10111 (MFW)
Location: Office of the US Trustee 844 King Street, Room 3209 Wilmington, DE 19801
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
Read More from: Tampa Bankruptcy
A consortium of fintech companies have formed a new industry group to advocate for better data sharing via open APIs.
BorrowersFirst said its new financing will come from Waterfall Asset Management, a New York firm that focuses on high-yield investments.
A 9% increase in interest revenue helped to offset relatively flat growth in fee revenue.
Profit surged at BB&T in Winston-Salem, N.C., during the fourth quarter, driven by various acquisitions and growth in business lending.
House Republicans charge CFPB director broke federal law in effort to fire him; consulting firms total the costs and savings from technology; German chemist finds the secret behind money's aroma.
The Cleveland company also had a record quarter for its investment banking business.
It should surprise no one that the cybersecurity rules regulators are drafting are simplistic and written in one size to fit all.
Strong growth in commercial and CRE lending also led record to interest income in the quarter.
The New York bank weathered headwinds in its taxi-medallion portfolio to post double-digit growth in earnings and net interest income during the fourth quarter.