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:
  • After Inner City Press Protests NYCB - Inner City Press
    15,081 loans to whites, 1125 loans to ... appealing, even as released the documents show that Goldman Sachs through its law firm Sullivan & ...
    02/13/2016 - 11:20 am | View Link
  • Lots of interests, private and public, in the General Assembly - Hampton Roads Daily Press
    ... forms legislators filed show they've ... on the electric cooperatives association and a law firm, as well as a ... 000. "Paying back student ...
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  • UK: Judgments - Mondaq
    ... provide partner capital subscription loans (PCSLs ... account if the partner left the firm. The PCSL was governed by English law. The Firm ...
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  • Commission OKs Contract For Greenline Extension - Memphis Daily News
    ... a former partner of the Atlanta office of the Baker Donelson law firm. ... The brand is starting to show up ... eligible are borrowers whose ...
    02/12/2016 - 5:00 am | View Link
  • 276-Unit Cordova Apartments Sell for $29.2M - Memphis Daily News
    ... a former partner of the Atlanta office of the Baker Donelson law firm. ... The brand is starting to show up ... eligible are borrowers whose ...
    02/12/2016 - 5:00 am | View Link
  • West Cancer Intros New Therapy - Memphis Daily News
    ... a former partner of the Atlanta office of the Baker Donelson law firm. ... The brand is starting to show up ... eligible are borrowers whose ...
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  • Soulsville Seniors All Accepted to College - Memphis Daily News
    ... a former partner of the Atlanta office of the Baker Donelson law firm. ... The brand is starting to show up ... eligible are borrowers whose ...
    02/12/2016 - 5:00 am | View Link
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BING NEWS:
  • 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 - 6:51 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 - 6:14 am | View Link
  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of United Development Funding IV
    The report further stated, in part, that: (i) "[v]isits to actual development sites, which serve as collateral to UDF development loans, show that ... www.prnewswire.com/news-releases/shareholder-alert-pomerantz-law-firm-investigates-claims-on-behalf ...
    12/10/2015 - 9:09 am | View Link
  • SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of United Development Funding IV
    NEW YORK, Dec. 10, 2015 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of United Development Funding IV ("UDF IV" or the "Company") (NASDAQ:UDF ... collateral to UDF development loans, show that, in numerous instances ...
    12/9/2015 - 4:09 pm | 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 - 9:00 pm | View Link
  • Law Firm Wins Dismissal of Suit by Client Whose Litigation Loans Ate Up Settlement
    A trial court in Brooklyn, N.Y., Jan. 3 threw out a malpractice complaint against a law firm in which a personal injury client ... and did not agree to represent the client in connection with the loans. The client did not and could not plead a viable ...
    01/29/2013 - 11:00 am | View Link
  • The Daily Docket: Law-Firm Loans Show Cracks
    In the race to open offices throughout the globe and lure rainmakers to their ranks, some law firms willingly took on debt they expected to have no trouble paying—a once-safe bet that is now backfiring. Read the Daily Bankruptcy Review article via The ...
    04/30/2012 - 3:21 am | View Link
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BING SEARCH:
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  • FHA Loans
    FHA-Home-Loans.com FHA loan info from a FHA mortgage loan site specialized in FHA loans - FHA Home Loans.com is not a Government Agency.
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  • Dallas Bankruptcy Attorneys | Debt & Credit Representation ...
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  • Texas home equity loans
    An Overview of Home Equity Loans in Texas Introduction. Home equity loans are a particular form of home mortgage which enable a homeowner to convert the equity in his ...
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  • Advocate Capital Law Firm Financing Blog
    At Advocate Capital, our service allows law firms, trial lawyers and litigation attorneys to finance their legal case cost and litigation expenses.
    02/1/2016 - 6:59 am | View Website
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