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   
BING NEWS:
  • Law firm seeks payday loan reform
    State regulatory data show that borrowers take out eight payday loans a year, spending about $520 on interest with an average loan size of $375. Payday loan rates allow up to 13 times prior limitations provided in Alabama's Small Loan Act. Ten states ...
    04/14/2017 - 7:04 am | View Link
  • Bahamian Liquidators Battle Florida Law Firm
    They are also alleging that the Rural Bank International liquidators have failed to show “a breach of duty that caused ... Mr Mcaculey’s letter confirmed that Rural International Bank’s loans were then “re-loaned in Brazil”, with some of ...
    11/24/2016 - 6:33 am | View Link
  • Sovereign Society fed clients to Panama Papers law firm
    When Webb and his wife filled out an information-request form during the 2006 Sovereign Society symposium, documents show, the handwritten instructions ... a year before the financial crisis sparked by subprime loans hit its critical stage.
    05/31/2016 - 7:00 pm | View Link
  • Panama Papers connect Baker & McKenzie to global elite
    The records show how wealthy individuals and companies create complicated ... company owned by the Swedish government tried to collect on $28 million in commercial loans. There are legitimate reasons to operate in tax havens, said Samuel Brunson, an ...
    05/13/2016 - 1:31 am | View Link
  • Panama law firm: We're victims of anti-privacy campaign
    Documents reportedly show a network of secret offshore deals and loans worth $2 billion leading to close friends of Russian President Vladimir Putin. Fonseca emphasised the firm is not responsible for the activities of the companies it incorporates.
    04/3/2016 - 4:50 pm | View Link
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BING SEARCH:
  • Law Firm Alliance: Member Firms
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  • Business and Commercial Law Attorneys | Coolidge Wall Co ...
    12/05/16. Coolidge Wall Co., L.P.A. is pleased to announce that six of its attorneys have been selected by their peers for inclusion in 2017 Ohio Super Lawyers
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    10/19/2017 - 4:36 pm | View Website
  • Preparing a financial affidavit | The Gufford Law Firm, P ...
    At the Gufford Law Firm, P.A., we handle a broad range of legal issues. To schedule a consultation, call our office in Stuart, Florida, at 772-221-1922.
    10/19/2017 - 9:20 am | View Website
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    Call (844) 465-4357 - Martin Law Firm, P.L. is dedicated to serving our clients with a range of legal services including Personal Injury and Divorce cases.
    10/19/2017 - 9:05 am | View Website
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