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   
  • Dex Media Creditors Said to Demand Meeting After Missed Payment - Bloomberg
    ... four different term loans totaling $2.02 billion. Those lenders are being represented by law firm Milbank ... creditor group in order to show ...
    10/6/2015 - 7:09 am | View Link
  • How Two Guys Lost God and Found $40 Million - Bloomberg
    ... heads into his bedroom to show off ... as a source of loans for less than ... He obtained an opinion letter from law firm Stroock & Stroock ...
    10/6/2015 - 7:05 am | View Link
  • The Greatest, Most Amazing, Absolutely HUGE Story of How Donald ... -
    ... tens of millions in loans, including ... a few prospects bothered to show up ... says Raighne Delaney, a partner at the Arlington law firm ...
    10/5/2015 - 3:24 pm | View Link
  • Tales from the Coffeeshop: Souls not sex concern the bearded men in ... - Cyprus Mail
    ... disappointed with our Church should tune into Mega TV’s Star Kypros 2015 show tonight, just after ... A foreign law firm is handling the ...
    10/4/2015 - 4:59 am | View Link
  • Square could take hit on IPO with Jack Dorsey leading Twitter ... - Yahoo! Finance
    Square could take hit on IPO with Jack Dorsey leading Twitter - Reuters Canada
    10/1/2015 - 10:23 am | View Link
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  • Consuegra law firm in Tampa to lay off 154 employees
    The Consuegra law firm was among the so-called "foreclosure mills" hired by banks to push through foreclosure cases after tens of thousands of Floridians defaulted on their loans in the wake ... Bar records show. Consuegra's law office and title company ...
    10/1/2015 - 10:09 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 - 9:00 pm | View Link
  • Law firm looks to close amid theft claims
    WATERLOO – A Waterloo law firm appears set to close ... In the midst of these malpractice lawsuits and estate claims, court records show the firm’s insurance carrier is considering revoking its coverage, and a local credit union is seeking more ...
    02/12/2015 - 11:46 am | 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 - 10:00 am | View Link
  • 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
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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.
    10/6/2015 - 7:27 am | View Website
  • Law Crossing
    America's leading job site offering legal jobs and career opportunities from every legal industry in the US. Apply for the top law jobs in law firms now!
    10/5/2015 - 8:29 pm | View Website
  • Student Loan Help
    We provide the following Assistance for Student Loan Relief: Pay off loan(s) early and/or reduce principal. Loan forgiveness for government, public or non-profit ...
    10/4/2015 - 9:20 pm | View Website
  • Waco Bankruptcy Lawyer | McLennan County Debt Relief ...
    Seeking an experienced bankruptcy law attorney in Waco, Texas? Call The Kehl Law Firm, P.C., at 254-633-2876. We offer a free, no-obligation consultation.
    10/4/2015 - 5:56 am | View Website
  • Domain Auction | Buy & Sell Distinctive Domains
    GoDaddy Auctions is the place to go for great domain names that are expiring or have been put up for auction. GoDaddy Auctions makes it easy to get the domain name ...
    10/4/2015 - 4:52 am | View Website
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