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U.S. banks move earlier to curb foreclosures
As the number of borrowers falling behind on their mortgage payments climbs to the highest level in five years, the mortgage industry is trying new strategies to help bail them out.Much of the attention is on homeowners who in recent years took out adjustable-rate mortgages, a popular way to finance a home when interest rates were low.DelCampo, Friends Start Dunwoody Firm In Farmhouse
Former DeKalb County Judge J. Antonio DelCampo has left the high-flying plaintiffs firm he joined two years ago to go into practice with a couple of old friends much closer to home.Avoiding the 'Death Knell' in Class Action Appeals
A recurring task for litigators is to seek appellate review of an issue prior to final judgment in a case. This endeavor often involves class action issues. Unfortunately, the Supreme Court has held that the grant or denial of class certification is not appealable under the "collateral order" doctrine, even where the ruling marks the "death knell" of the litigation. Enter Federal Rule of Civil Procedure 23(f), which, as attorney Mark I. Levy writes, can provide a reprieve from the "death knell."TLO Officers File For Chapter 11 To Restructure Late Father's Company
TLO, a Boca Raton-based data mining company pioneered by the late Hank Asher, files for bankruptcy protection.Atlanta electronic payments firm sees big payday
ATLANTA ENTREPRENEUR Ashish Bahl founded Harbor Payments in 2000 on the idea that American companies were behind the times in electronic invoicing. The idea caught on fast, judging from Harbor's explosive growth, and will get a much wider platform now that it has been purchased by American Express in a deal that closed last month.Pace of deals may drop along with stocks
THE STOCK MARKET'S recent downturn could slow the rapid pace of deals in local attorneys' pipelines-or perhaps shift the tide of acquisitions away from private equity funds, two Atlanta lawyers said.The stocks that make up the Dow Jones industrial average last week had their worst week since March 2003, dropping 4.Nine-Lawyer Group Leaves Hunton for Paul Hastings
Meredith [email protected] business trends change, so does Scott M. Hobby. Nine years ago Hobby and two other attorneys left Powell Goldstein for Hunton Williams, saying that they wanted to take advantage of Hunton's broader reach for their hi-tech clients.Hobby's nine-lawyer group now focuses on outsourcing and has just switched from Hunton Williams to Paul, Hastings, Janofsky Walker.Trending Stories
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