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   
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    07/5/2015 - 10:13 am | View Link
  • East St. Louis paid Clayborne’s law firm more than $778,000 last ... - Belleville News Democrat
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    06/30/2015 - 7:39 am | View Link
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BING NEWS:
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  • Three Witnesses Testify to Dewey & LeBoeuf's Financial Practices
    Throughout the trial, prosecutors have sought to show that Dewey & LeBoeuf sometimes backdated checks ... part of his responsibility was to grow the bank’s law firm business. He had a prior relationship with Sanders so he reached out to him to solicit ...
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  • In Fattah indictment, a big name from Rendell era resurfaces
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  • Westfield mayor’s business headed for sheriff’s sale
    Tradewinds was upside down on $2.7 million it owed on the property when TBF acquired the loans. According to an independent appraisal ... Church, Hittle & Antrim law firm who represents Tradewinds. The Cooks referred questions to Douthit.
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  • Cerberus Leads U.S. Investors in Buying Discounted European Bank Loans
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    07/28/2015 - 6:09 am | View Link
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