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The Expanding Scope of Lender Liability
Bankers beware. Lenders are under stricter scrutiny regarding who they conduct business with and what they know about their debtors. Recently, cases have analyzed whether to permit claims to proceed against lenders on theories of aiding and abetting, equitable subordination, deepening insolvency and fraudulent conveyance in situations where the lenders have taken little action beyond ordinary lending or due diligence.
Bernanke may forgo easing as data point higher
Federal Reserve Chairman Ben S. Bernanke tomorrow may disappoint stock investors betting on a commitment to step up stimulus. He has little choice, given rising consumer prices and a U.S. economy that is still growing.
Law Journal Press | Digital Book
Law Firm Accounting and Financial Management, Seventh Edition
Authors: Lawrence E. Ballard , Carole Symonds
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Capital Sources: Banker brings positive attitude to new post
First Bank of the Palm Beaches is counting on Joseph B. "Jay" Shearouse III and three colleagues from Fidelity Federal Bank & Trust to bring help grow the bank.Steel Resolve: Pittsburgh Emerges From 2009 Eager to Grow
The Pittsburgh legal market held tight to its conservative nature in 2009 as it navigated the recession, coming out relatively unscathed and eager to get back to strategic management in 2010.As Philly Firm Splits, Wilentz Picks Up Jetsam
The expansion of New Jersey firms into Pennsylvania continues, this time with Wilentz Goldman & Spitzer grabbing five of the 13 lawyers at disbanding Philadelphia commercial litigation boutique Silverman Bernheim & Vogel.County May Take Interest on Bond Payments
Counties, school districts and other local governments that issue bonds are entitled to the extra interest that accrues after the bonds mature and have not been redeemed, a sharply divided en banc panel of the Commonwealth Court has ruled.Trending Stories
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