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:
  • Saudi Aramco Leads Surge in Gulf Energy Loans After Oil’s Plunge - Bloomberg
    ... months, data compiled by Bloomberg show. ... took out $4 billion in loans in the ... bankrupt, owing almost $62 billion, according to law ...
    06/29/2016 - 7:44 am | View Link
  • BUSINESS IN BRIEF 16/6 - VietNamNet Bridge
    ... to buy non-performing loans (NPLs ... 14. According to Duc, who is also Chairman of law firm Basico, thousands ... from the Ministry of ...
    06/15/2016 - 1:19 pm | View Link
  • Ald. Burke casts himself as consumer helper in light of Trump ... - Chicago Tribune
    ... credit cards and bank loans make it ... Chicago Sun-Times has noted that Burke's law firm represented Trump in ... with the city show Burke ...
    06/15/2016 - 4:03 am | View Link
  • Questions over spate of banker ‘suicides’ - Adelaide Now
    ... and auto and personal loans across ... father] didn’t just want to show up ... He then moved to the white-shoe law firm Skadden Arps as an ...
    06/12/2016 - 9:20 am | View Link
  • CMS Remains on Growth Path: 8.4 % Increase in Revenue to EUR 1.01bn ... - Yahoo! Finance
    ... firm in the AmLaw 2015 Global Top 100First international law firm to ... Independently conducted surveys show ... 1.2bn refinancing of the ...
    06/10/2016 - 8:25 am | View Link
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BING NEWS:
  • 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
  • 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
    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
  • 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
  • Houston Injury Attorney Says Law Firm Stole His Clients
    court records show. And in another case, two former clients sued Nacol earlier this year after they learned the attorney allegedly failed to repay LawCash $140,000 in loans they took to assist with medical expenses while waiting for their personal injury ...
    08/20/2013 - 11:55 am | View Link
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BING SEARCH:
  • 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 ...
    06/27/2016 - 5:33 am | View Website
  • Nevada Yellow Pages
    eNevadaPages.com is your one stop website for all businesses and services within Nevada. We have compiled many different Nevada yellow page books and made them all ...
    06/26/2016 - 10:31 pm | View Website
  • Law Firm Wins Dismissal of Suit by Client Whose Litigation ...
    By Joan C. Rogers A trial court in Brooklyn, N.Y., Jan. 3 threw out a malpractice complaint against a law firm in which a personal injury client claimed that his ...
    06/26/2016 - 3:50 pm | View Website
  • Roberts & Roberts Law Firm | Real Estate, Probate, Estate ...
    Killeen law firm of Roberts & Roberts, serving the real estate, probate, estate planning, and business law needs of Bell, Lampasas and Coryell Counties
    06/26/2016 - 1:56 pm | View Website
  • Student Loans | US News
    Betsy Mayotte | June 15, 2016 Paying extra each month – even the cost of a cup of coffee – will save you money and help you pay off student loans faster.
    06/26/2016 - 9:24 am | View Website
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