The accounting standard is coming regardless of a delay. It will bring some nonbank lenders to the forefront of banking competition.
(PITTSBURGH) August 15, 2019 – Bernstein-Burkley is pleased to announce that partners, Robert S. Bernstein, Kirk B. Burkley, Kit F. Pettit and Keri P. Ebeck have been selected by their peers for inclusion in the 26th Edition of The Best Lawyers in America®. Robert Bernstein, Co-Managing Partner, was recognized in the fields of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law, and Litigation – Bankruptcy. This will be the 13th consecutive year that Bernstein has been acknowledged by Best Lawyers®. He has also previously been named Litigation – Bankruptcy “Lawyer of the Year” in Pittsburgh. Kirk Burkley, Co-Managing Partner, was selected in the area of Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization Law. This will be the 10th consecutive year that Burkley has been acknowledged by Best Lawyers®. Also recognized were Kit Pettit, Partner, for his work in Real Estate Law, and Keri Ebeck, Partner, for her work in Bankruptcy and Creditor Debtor Rights / Insolvency and Reorganization Law. This is the first year that both have been acknowledged by Best Lawyers® ABOUT BERNSTEIN-BURKLEY Bernstein-Burkley is a highly regarded and respected Pittsburgh-based law firm with a national reach in Bankruptcy and Restructuring, Creditors’ Rights, Business and Corporate Transactions, Litigation, Real Estate, and Oil and Gas. The firm has cultivated a reputation for excellence over the course of 50 years in the business community.
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The former Amazon employee got info from 30 other entities, prosecutors say; another bad day for bank stocks, with 3% losses typical.
Read More from: Mediatbankry
Another week, another raft of stories.
But first, if National Collegiate Trust, or, more accurately one of the more than a dozen National Collegiate Trusts is suing you, I can help.
Well, most of the loans are in forbearance or deferment or not due yet or some other reduced plan.
And there are the cosigned or Parent Plus student loans.
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People’s United offered 30% more in the summer of 2018 for United Financial than it agreed to pay in a deal announced last month. What followed the initial talks is a textbook lesson in the impact of indecision and the unexpected in bank M&A.
The LendingClubs and SoFis of the world have a big head start, but HSBC's U.S. unit says its partnership with the fintech Avant will help it close the gap in online personal loans.
The 2020 election is shaping up to be a key yardstick for legislation expanding cannabis firms’ financial services access.
The company withdrew an earlier bid to become an ILC after regulators identified problems with its application. It is seeking a Nevada bank charter because it wants to add deposit management services and expand into small-business lending.
Black and Hispanic owners of one-person businesses are more likely to be discouraged from applying for financing, and they’re less likely to receive financing when they do apply for it, than their white counterparts, according to a new report from the New York Fed.
The Department of Housing and Urban Development will remove some barriers to government-insured condominium lending next month, including a post-crisis measure housing industry groups have long complained about.
Yesterday, the Securities and Exchange Commission (SEC or Commission) announced that the agenda for the Open Meeting, next Wednesday, August 21, 2019 at 10:00 a.m. E.T., will include consideration by the Division of Corporation Finance on whether to publish an interpretation and related guidance regarding the utilization of proxy advice in the proxy voting process.
In addition, the Division of Investment Management will consider whether to publish guidance on the proxy voting responsibilities of investment advisers under Rule 206(4)-6 of the Investment Advisers Act of 1940. These regulatory responsibilities include advisers’ adopting policies and procedures that are reasonably designed to ensure that the advisers vote client securities in the best interests of their clients and disclosing how advisers resolve conflicts of interest.
Read More from: Davis Polk Briefing: Governance
The Massachusetts Democrat is questioning a claim by the agency about the amount of redress available to those affected by the credit bureau's 2017 data breach.
Indiana Members Credit Union will pay cash for Commerce Bank.
The global bank’s overhaul plan will put taxpayers and the financial system at risk.
Offering 3% on purchases through its App Store, Apple hopes to make its competitors' phones a less-appealing option; a call for speeding up FedNow.
First of all, you should take any notifications that your get from your lender seriously. A Notice of Intention to Foreclosure is your lender telling you that because you are not current with your mortgage payments, the lender is planning to foreclose on your property.
This is likely a very stressful time for you, but it is very important that you understand what is happening and take it seriously. Having an experienced foreclosure defense attorney on your side is invaluable to that you can know what to expect and what defenses are available to you.
If it is a residential property, the New Jersey Fair Foreclosure Act requires that the lender send a Notice of Intention to Foreclose at least 30 days before the lender can file a complaint (sue you). The Notice of Intention to Foreclose must be sent by regular and certified mail, and starting on August 1, 2019, it cannot be sent more than 180 days before the complaint is filed.
What Must Be Included in the Notice?
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Reverse Mortgage Solutions, Inc. v. Nunez, 598 B.R. 876 (S.D. Fla. 2019) – A debtor filed a chapter 13 plan that proposed to cure defaults under a reverse mortgage by paying unpaid taxes and insurance. The mortgagee objected, arguing that because … Continue reading
Read More from: Bankruptcy-RealEstate-Insights
The Iowa company will pay QCR Holdings about $59 million for Rockland Bank and Trust.
Changing consumer attitudes about these companies and the emergence of open banking have made them appealing to venture investors, whose commitments rose 15% in the first half of the year.