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:
  • Trump’s Law Firm and Russia
    It leaves other questions unanswered, including whether Mr. Trump or his firms received Russian income or loans from entities registered elsewhere or whether he derived income from Russian-linked partnerships that file their own returns. Moreover ...
    05/13/2017 - 7:05 am | View Link
  • Bankruptcy Attorney Reginald Osenton Remarks on Student Loan Discharges
    Brandon, FL (Law Firm Newswire) February 17, 2016 - A pair of recent cases show bankruptcy courts may be increasingly receptive to discharging student loans. In December 2015, the 8th Circuit Bankruptcy Appellate Panel approved the discharge of 11 of 15 ...
    02/16/2016 - 10:04 pm | View Link
  • SHAREHOLDER ALERT: Pomerantz Law Firm Announces the Filing of a Class Action Against United Development Funding IV and Certain Officers – UDF
    NEW YORK, Dec. 23, 2015 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against United Development Funding IV (“UDF IV” or the ... as collateral to UDF development loans, show that, in numerous instances ...
    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
  • Fraud cases may doom Waterloo law firm
    The two loans were due in full in June and October, and collateral included the firm’s equipment, accounts and letters of credit, court records state. Court records show at the time of his death, Roth was buying the firm’s West Fifth Street office ...
    02/11/2015 - 12:11 pm | View Link
  • More
BING SEARCH:
  • Student Loan Law | Get Help with your Student Loans
    The lawyers at The Lee Law Firm know what you are going through and can show you the way out. ... Student Loan Law. ... Get Help with your Student Loans.
    05/20/2017 - 1:21 am | View Website
  • Financing A Law Firm
    FindLaw's Law Firm Management Center provides Finance resources for solo and small law firm practice on topics like Legal Funding,Basics,Loans,Credit Cards and More.
    05/18/2017 - 2:35 am | View Website
  • Law Firm and Sole Practitioner
    One of the largest packagers of SBA Loans to law firms in the United States Financing Your Law Practice Couldn’t Be Any Easier. No more high-interest rates
    05/17/2017 - 2:11 pm | View Website
  • Financing a Law Practice | Law Practice Division | Solo ...
    Financing a Law Practice ... Law firms usually seek bank loans to purchase assets for use ... you will need to be able to show the bank that your firm currently ...
    05/16/2017 - 3:45 pm | View Website
  • Solutions for Law Firm Financing, Attorney Funding, Law ...
    Advanced Legal Capital has tailored solutions for Law Firm Financing, Attorney Funding, Attorney Lines of Credit. Specialists with unmatched capital resources for law ...
    05/15/2017 - 5:38 am | View Website
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