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Dodd-Frank Rules Impact Standard Subsidiary Loan Guarantees
Many standard subsidiary guarantees in secured financing transactions may be illegal under rules recently issued by the Commodity Futures Trading Commission under the Dodd-Frank Wall Street Reform and Consumer Protection Act.The waning days of September brought the end to a slew of big patent cases involving R.J. Reynolds, Freddie Mac, LG, and others, with Verizon alone agreeing to pay more than $500 million to put two separate infringement suits to rest.
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