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:
  • Auditor candidate didn't report income, loans, Franklin County GOP ... - Columbus Dispatch
    ... to report some income and loans on ... he runs with his wife in Upper Arlington and from his law firm. ... Court records show that the banks ...
    10/28/2014 - 10:03 am | View Link
  • Local attorneys ignored in $8m land scam verdict - The Tribune
    McKenzie, managing partner at Davis & Co, the law firm of Deputy Prime ... on Rum Cay or make loans secured on ... the trial documents show, was
    10/27/2014 - 4:40 am | View Link
  • Great Southern director Jeff Mews hopes for end to 'four years of ... - Sydney Morning Herald
    Great Southern: former director hopes for end to 'four years of ... - Sydney Morning Herald
    10/26/2014 - 9:23 am | View Link
  • ECB Test Seen Failing to Give German Banks Spur to Merge - BusinessWeek
    ECB Test Seen Failing to Give German Banks Spur to Merge - Bloomberg
    10/26/2014 - 4:32 am | View Link
  • Mriya's nightmare grows as lenders call in loans - KPNews.com
    ... gave as much as $109 million in loans. ... 19, and Swiss-based SGS Group and law firm Bryan Cave were added as ... to talk about the past and ...
    10/23/2014 - 5:08 am | View Link
  • More
YAHOO NEWS:
  • Auditor candidate didn't report income, loans, Franklin County GOP says
    Franklin County Republicans have filed a complaint, saying the Democratic candidate for county auditor failed to report some income and loans on election forms more than five years ago.
    10/28/2014 - 9:31 pm | View Link
  • European Stress Test Unlikely to Catalyze Mergers Among German Banks
    The European Central Bank's health checks on euro-area lenders may provide a short-term boost for Deutsche Bank AG and Commerzbank AG. They may also remove an immediate incentive for Germany to consolidate its patchwork of co-operative and local savings banks. The only one of 24 German banks scrutinized in the ECB's asset quality review and stress test to fail -- Muenchener Hypothekenbank eG ...
    10/26/2014 - 7:01 pm | View Link
  • ECB Test Seen Failing to Give German Banks Spur to Merge
    The European Central Bank’s health checks on euro-area lenders may provide a short-term boost for Deutsche Bank AG and Commerzbank AG. They may also remove an immediate incentive for Germany to consolidate its patchwork of co-operative and local savings banks.
    10/26/2014 - 4:23 pm | View Link
  • Great Southern: former director hopes for end to 'four years of hell'
    Former Great Southern director Jeff Mews flew from Perth to Melbourne on Sunday hoping an end to "four years of hell" is in sight after word came the verdict on the class action against Bendigo & Adelaide Bank and Javelin Asset Management might be released.
    10/26/2014 - 1:00 am | View Link
  • Mriya's nightmare grows as lenders call in loans
    Mriya Agro Holding's creditors called on hundreds of millions worth of debt on Oct. 14 in a notice issued on the Irish Stock Exchange. © AFP Ukraine's government and business community should be closely following the financial collapse of Mriya Agro Holding.
    10/23/2014 - 5:16 pm | View Link
  • More
BING NEWS:
  • Survivor on hunger strike to pressure band’s relationship with law firm
    The documents also show the council held a special meeting to hear from survivors ... It was survivors from the band that alerted officials to extra fees and high-interest loans the firm was allegedly charging against their residential schools compensation ...
    09/12/2014 - 10:47 am | View Link
  • Debt Collectors Continue To Push the Limits of the Law Says Pioneer Law Firm
    Complaints to the CFPB show many consumers aren't aware they have a medical debt ... paid private debt collectors $1 billion in 2011 to collect on the $70+ billion outstanding in student loans. Consumer advocates have learned that the debt collectors ...
    05/28/2014 - 9:00 pm | View Link
  • 150-year-old law firm collapses into administration (From The Advertiser Series)
    Accounts filed with Companies House show Swinburne & Jackson owed £674,866 to creditors, and £125,365 in loans and debts to members. It is the latest traditional law firm to fall victim to increased competition in the sector which is threatening scores ...
    02/5/2014 - 10:03 pm | View Link
  • Law Firm Wins Dismissal of Suit by Client Whose Litigation Loans Ate Up Settlement
    While Mirman, Markovits & Landau PC was representing Elwin Francis in a personal injury matter, Francis secured cash from litigation funding companies through loans that would be ... required to initial each page to show that he had read it and understood ...
    01/29/2013 - 11:00 am | View Link
  • BofA’s Law Firm Says Lenders May Need More Loan Reserves
    The lender appealed New York State Supreme Court Justice Eileen Bransten’s Jan. 3 ruling that MBIA need only show Countrywide made misrepresentations about the loans, instead of also establishing they caused the losses the bond insurer is seeking to recover.
    08/8/2012 - 5:44 am | View Link
  • More
BING SEARCH:
  • 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.
    10/28/2014 - 12:05 pm | View Website
  • Short Sale Blog
    So you have your approval letter and now you are running into problems with the Buyer’s government backed loan. Whenever you take on a short sale an important ...
    10/28/2014 - 10:25 am | View Website
  • DannLaw
    It is bad enough that most people facing foreclosure who reach out to our law firm have been badly mistreated by their banks, but over the last few weeks ...
    10/28/2014 - 6:07 am | View Website
  • Orlando Foreclosure Attorney Blog | The Freedom Law Firm ...
    The Freedom Law Firm is an Orlando foreclosure, bankruptcy and personal injury law firm. Contact us today!
    10/28/2014 - 4:13 am | View Website
  • Juan F. Alban, P.A.
    Juan F. Alban serves the Miami, Florida area including the Cities Fort Lauderdale, Hollywood, Miramar, Weston, North Miami Beach, Miami Beach, Aventura, Hialeah ...
    10/28/2014 - 1:35 am | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News