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:
  • 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
  • Cerberus paid law firm £15m 'for access to Stormont government and other info'
    Cerberus paid £1.2 billion for a massive collection of property loans, taken over by the Irish Republic's toxic assets agency Nama after the economic crash.
    11/17/2016 - 1:03 am | View Link
  • Guardian and BBC publish details of huge data leak which links heads of state to tax haven law firm
    The Guardian reports that the documents show "a network of secret offshore deals and vast loans worth $2bn has laid a trail to Russia’s president". The ICIJ also led the investigation into the HSBC files last year, which disclosed tax evasion facilitated ...
    04/3/2016 - 10:10 am | View Link
  • SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against United Development Funding IV and Certain Officers – UDF
    which serve as collateral to UDF development loans, show that, in numerous instances, there is no development and the collateral is still non-income producing, raw land 2, 3, 5 (as much as 10) years after loans were issued.” Finally, the report notes ...
    12/23/2015 - 12:46 am | View Link
  • Foreclosures Continue to Ensnare NJ Families -- Along with at Least One Law Firm
    Usually, they did not initiate the loans, and must show the chain of transactions by which they acquired a particular mortgage note. At times, documents come only from a small private company established by major lenders, Mortgage Electronic Registration ...
    09/16/2015 - 5:49 pm | View Link
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BING SEARCH:
  • Richard Croak
    Bankruptcy Attorney Richard Croak, with law offices in Albany and Kingston NY is Board Certified in Consumer and Business Bankruptcy. Representing clients in Albany ...
    12/7/2016 - 3:14 am | View Website
  • Student Loan Law | Get Help with your Student Loans
    They say you can’t put a price on a good education; but if you ask the millions of Americans carrying unbearable student loan debts, the answer is quite different.
    12/4/2016 - 5:48 am | View Website
  • Madison, Wisconsin Law Firm
    Welcome. Boardman & Clark attorneys provide legal services to individuals, a wide range of business and corporate clients, school districts and local governments.
    12/3/2016 - 5:24 pm | View Website
  • Guelph Ontario Lawyers
    SmithValeriote Law Firm LLP has 28 lawyers servicing the province of Ontario including the communities of Waterloo, Kitchener, Fergus, Cambridge, Elora and Guelph.
    12/3/2016 - 4:55 pm | View Website
  • Florida Record Expungement Law Firm | RecordGone.com
    Florida Record Expungement . An expungement in FL removes the arrest and court case from your record completely. It allows you to not disclose the arrest to potential ...
    12/3/2016 - 3:08 pm | View Website
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