By Reno Fernandez | March 15, 2023
"Bank failures are rare and, given the size of these failures and the government's unusual response, these in particular will likely raise novel issues," says Complex Appellate Litigation Group's Reno Fernandez.
By Maria Dinzeo | March 15, 2023
"The most important thing is it seems like payroll is going to get hit on time, but there are still plenty of things to be concerned about," said Healy Jones, vice president of financial strategy at the accounting firm Kruze Consulting.
By Jane Wester | March 14, 2023
The lawsuit, which accuses officers of making false statements that artificially inflated the value of its securities, is believed to be the first civil suit filed against the bank.
By Maria Dinzeo | March 14, 2023
"It's like having an airplane without a pilot or a ship without a captain. It will move, but to what direction?" said Charles Elson, a retired professor of corporate governance at the University of Delaware.
By Hugo Guzman | March 10, 2023
"He's got to be at the table, because this is one of those situations where he's either at the table, or the bank is on the menu," said Holland & Knight partner Rich Gold.
By Adolfo Pesquera | March 9, 2023
A federal judge ruled Orange County, California-based lender Balboa Capital Corp. consistently left out essential loan terms from the borrowers' loan packages.
By Lisa Willis | February 24, 2023
Kelley Uustal teamed with law firms in California, Illinois and Washington, D.C., to file this class action against Bank of America over the federal Paycheck Protection Program.
By ALM Staff | February 22, 2023
This suit was surfaced by Law.com Radar. Read the complaint here.
By ALM Staff | February 22, 2023
This suit was surfaced by Law.com Radar. Read the complaint here.
By Jane Wester | February 16, 2023
The government said its goal is to end the "whack-a-mole approach" of seeking new restrictions every time Bankman-Fried's use of another form of technology is detected.
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