2020-04-02
The one-year relief is intended to free up lending to consumers and businesses; the online small business lender not making loans, shrinks credit lines, staff.
Read More from: BankThink
2020-04-02
About 1,000 interns were notified of the change this week. They will still receive the pay and housing funds outlined in their original offer letters.
Read More from: BankThink
2020-04-01
If Capitol Hill plans another round of stimulus, Democrats could have more leverage to demand steps such as suspending overdraft fees or placing a temporary cap on consumer lending rates.
Read More from: BankThink
2020-04-01
First, do no harm. The shutdown of businesses by government order was sudden. Most companies were unprepared. Decisions made quickly that are not carefully thought through can create liability down the road that
Read More from: Bankruptcy and Restructuring Law Monitor
2020-04-01
First, do no harm. The shutdown of businesses by government order was sudden. Most companies were unprepared. Decisions made quickly that are not carefully thought through can create liability down the road that
Read More from: Cole Schotz P.C. Bankruptcy & Restructuring Law Blog
2020-04-01
Amid the coronavirus emergency, the central bank may have to decide at what point the imperatives of an economic crisis outweigh the requirements of its most severe enforcement action in recent memory.
Read More from: BankThink
2020-04-01
The agency said lenders should avoid reporting delinquent payments to credit bureaus for consumers who have sought payment relief due to the pandemic.
Read More from: BankThink
2020-04-01
The Coronavirus Aid, Relief, and Economic Security Act known as the CARES Act has officially been signed into law and includes a Paycheck Protection Program.
Read More from: Bernstein-Burkley, P.C.
2020-04-01
Bank of America said it has agreed to allow 50,000 mortgage customers to defer payments for three months because they've lost income as a result of the pandemic.
Read More from: BankThink
2020-04-01
The pandemic may force the Small Business Administration to rely more on fintechs and digital channels to hasten loan approvals, a shift that could stick.
Read More from: BankThink
2020-04-01
The app, set to roll out this month, will be offered to the 38 million Office 365 users and can connect via the data aggregator Plaid to all bank and card accounts.
Read More from: BankThink
Which Law Applies When Determining the Validity of an Assignment of Receivables Cross-Border? Update
2020-04-01
Read More from: Squire Patton Boggs
2020-04-01
No Easy Money Anymore
Gordian Group’s President and Head of Restructuring and Distressed M&A Peter Kaufman argues there is no more easy money for a lot of companies as the coronavirus hits the economy.
Read More from: Gordian Group
2020-04-01
Last week, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law, implementing broad relief for individuals and businesses affected by COVID-19. One of the sections of the CA
Read More from: Bankruptcy Law Insights
2020-04-01
Tribal leaders and federal officials this week will begin the task of implementing the economic relief programs of the Coronavirus Aid, Relief and Economic Security Act (or “Act”) passed by Congress on March 27, 2020. The U.S.
Read More from: Bankruptcy and Restructuring Blog