Law-firm Loans Show Cracks

In the race to open offices throughout the globe and lure rainmakers to their ranks, some law firms took on debt they expected to have no trouble paying—a once-safe bet that is now backfiring for some. An industry that has historically been perceived as a low credit risk, attractive to banks, is starting to see cracks in that facade.

Topics:  cracks   
ASK NEWS:
  • What a Kaisa Dollar Debt Default Could Mean for Creditors - Bloomberg
    ... of our domestic bank loans contain ... weeks, Bloomberg-compiled prices show. ... is advising offshore bondholders while law firm Kirkland & ...
    04/20/2015 - 9:01 am | View Link
  • Sweet Briar’s Closing Plan Roils Bonds of Riskier Small Colleges - Bloomberg
    ... data compiled by Bloomberg show. ... face of mounting student loans, said ... help students enroll elsewhere, an alumnae group hired a law ...
    04/20/2015 - 8:28 am | View Link
  • What a Default on Kaisa's Dollar Debt Could Mean for Creditors - Yahoo! Finance
    ... of our domestic bank loans contain ... weeks, Bloomberg-compiled prices show. ... is advising offshore bondholders while law firm Kirkland & ...
    04/19/2015 - 1:45 pm | View Link
  • What a Default on Kaisa’s Dollar Debt Could Mean for Creditors - Washington Post
    ... of our domestic bank loans contain ... weeks, Bloomberg-compiled prices show. ... is advising offshore bondholders while law firm Kirkland & ...
    04/19/2015 - 1:24 pm | View Link
  • In case you missed it Special report: Payday at the mill - Portland Press Herald
    Millinocket have nothing to show for it. ... loans and meet the intent of the law ... Chris Howard, the attorney from the Portland law firm ...
    04/19/2015 - 10:19 am | View Link
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BING NEWS:
  • What a Kaisa Dollar Debt Default Could Mean for Creditors
    The prospectus for its 2018 bonds, for example, states, “the notes and some of our domestic bank loans contain cross- default provisions ... Investment bank Moelis & Co. is advising offshore bondholders while law firm Kirkland & Ellis LLP is acting ...
    04/19/2015 - 11:31 pm | View Link
  • What a Default on Kaisa’s Dollar Debt Could Mean for Creditors
    The prospectus for its 2018 bonds, for example, states, “the notes and some of our domestic bank loans contain cross-default provisions ... Investment bank Moelis & Co. is advising offshore bondholders while law firm Kirkland & Ellis LLP is acting ...
    04/19/2015 - 6:12 pm | View Link
  • Minnesota Supreme Court Rejects The Ponzi Scheme Presumption: Lenders Claw Back Some Of Their Own Rights
    Inc.) in the United States Bankruptcy Court for the District of Minnesota in connection with loans made by those funds. He also appeared as an amicus party in the Finn case. Tobias S. Keller is the Managing Partner of Keller & Benvenutti LLP, a law firm ...
    04/17/2015 - 2:29 am | View Link
  • Lenders warned over TCF after FOS maximum mortgage age ruling
    Law firm DWF partner Harriet Quiney says ... “Regulatory requirements to show responsible lending and the repayment vehicles associated with interest only loans have become more stringent since this application was made in 2012.
    04/16/2015 - 9:30 pm | View Link
  • AG says ‘shame on Anastasiades’ for lending support to Erotokritou (Wrap)
    meaning his seized deposits of over €0.5 million could be offset against an equal amount of loans, because the defendants’ lawyers – Andreas Neocleous & Co LLC – failed to show up at the hearing. The law firm subsequently argued it had “mixed up ...
    04/14/2015 - 6:11 pm | View Link
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BING SEARCH:
  • Miami Lawyers
    Miami Lawyers, Immigration, Family Lawyer or Bankruptcy Attorney. Gallardo Law Firm offers skilled representation & free legal advice in Miami. Call us
    04/21/2015 - 6:00 am | View Website
  • Oak View Law Group
    Registered California law firm with a team of attorneys for debt settlement and bankruptcy solutions.
    04/20/2015 - 6:04 pm | View Website
  • Laws.com | Attorney and Law Firm Information and Directory ...
    Bankruptcy is a financial maneuver undertaken by individuals in the midst of financial insolvency. When a financially-distressed person files for bankruptcy, the ...
    04/20/2015 - 9:43 am | View Website
  • The Freedom Law Firm: Orlando Foreclosure Attorney
    Orlando Foreclosure Attorney - Our Foreclosure defense lawyers aggressively fight for your rights. The Freedom Law Firm can represent you Call 407-883-2618.
    04/20/2015 - 7:41 am | View Website
  • Waco Bankruptcy Lawyer | McLennan County Debt Relief ...
    Seeking an experienced bankruptcy law attorney in Waco, Texas? Call The Kehl Law Firm, P.C., at 254-633-2876. We offer a free, no-obligation consultation.
    04/19/2015 - 4:47 pm | View Website
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