By Steve Mulligan
Bieging Shapiro & Barber LLP
April 6, 2013
On March 26, 2013, in Teed v. Thomas & Betts Power Solutions, LLC, the U.S. Court of Appeals for the 7th Circuit in Chicago affirmed the U.S. District Court’s decision to impose successor liability on an entity who acquired the assets of [...]
February 28, 2013
Bankers and lenders, if your borrower grows marijuana or rents to people who grow marijuana, your real property collateral may be at risk of forfeiture under federal law despite the fact that such activity might be legal under Colorado state law.
Judge Howard A. Tallman, chief judge of [...]
January 11, 2013
Shortly before she left office, Sheila Bair gave an interview to the American Banker’s Joe Adler, in the course of which she admitted something she’s admitted before.
“As bad as I knew subprime and the nontraditional mortgages were, I never thought it would have led to this global, [...]
Regulators Warn of the Dangers of Due Process
By Kevin Funnell
A bipartisan group of representatives is trying to move forward through the House a bill (the “Financial Institutions Examination Fairness and Reform Act“) that would provide a modicum of due process for bankers who believe that they’ve been dealt an unfair report [...]
Is the Treasury Department Contemplating TARP Closeout Sales?
By Kevin Funnell, Bieging Shapiro & Barber
When word leaked out recently that the US Treasury Department was
considering selling the preferred stock it held in over 350 banks as a result
of its TARP capital injections, I think the remaining TARP banks [...]
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