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Many finance companies, debt buyers, debt collectors, and collection law firms wrestle with the question of which statute of limitations to apply when collecting a deficiency balance on a retail installment contract.

For borrowers using tax-exempt bonds, particularly 501(c)(3) organizations, it is tempting to treat the issuance of tax-exempt bonds as the end of a financing process that can be unfamiliar and somewhat complicated.

The Upper Tribunal has upheld the FCA's decision that the CEO and CFO of Metro Bank were knowingly concerned in the Bank's breach of the Listing Rules.

Despite recent regulatory "encouragement" to adopt SOFR as "preferred" by the Alternative Reference Rates Committee (ARRC), we continue to observe credit agreements in the US loan markets that use...

The Boling Saga Continues as Third Circuit Gives Guidance on Whether Litigation Funding Constitutes a "Debt" Under the FDCPA.

Medical service providers who engage in medical billing, debt collection, and credit reporting are the focus of new regulations and regulatory enforcement efforts.

On January 23, 2015, the SEC staff issued a no-action letter reflecting their new position on expedited tender or exchange offers for non-convertible debt securities conducted under certain guidelines.

Volume of new issues in the broadly syndicated loan (BSL) market continued to climb in March, hitting $118.4 billion for the month, from $61.7 billion in February, according to Covenant Review.

During an economic downtown, LIBOR (and the interest rate on a LIBOR-priced loan) would likely increase. Because SOFR is a rate based on transactions secured by U.S.

The U.S. Court of Appeals for the Second Circuit denied a request by participating bondholders in 2005 and 2010 restructurings of Argentina's defaulted bond debt to have New York State's highest court resolve a dispute with holdout bondholders.

Late in the afternoon of October 16, 2008, the Board of Governors of the Federal Reserve System (the "Federal Reserve") released an interim final rule (the "Rule") effective October 17, which clarifies the capital treatment for bank holding companies ("BHCs") of the senior, cumulative preferred stock ("Preferred Stock") to be issued to the U.S. Treasury (the "Treasury") pursuant to the Treasury's TARP Capital Purchase Program (the "Program").

Earlier this week, the Consumer Financial Protection Bureau released the Fall 2021 edition of its Supervisory Highlights ("Supervisory Highlights" or "Report").

BlackRock Core Bond Portfolio is yet another one of the cases arising out of the RMBS meltdown in the latter half of the preceding decade that are wending their way through the trial courts.

On December 14, 2007, the SEC issued a proposal to amend Form S-11 to allow a registrant to incorporate by reference historical information from reports and documents previously filed under the Securities Exchange Act of 1934.

On February 7, 2023, the Securities and Exchange Commission's (the "SEC") Division of Examinations (the "Division") published its examination priorities for the upcoming year.

On March 2, 2009, Senator Carl Levin (D-Michigan) introduced the Stop Tax Haven Abuse Act (the “Bill”) in the Senate and a day later Representative Lloyd Doggett (D-Texas) introduced the same provision in the House of Representatives.

Troubled offshore funds may have to become more creative in looking to protect their U.S. assets from creditors, if a controversial new bankruptcy court decision is upheld. A U.S. bankruptcy court in New York has declined to recognize the Cayman Islands liquidation proceedings filed by two Bear Stearns hedge funds whose Cayman liquidators had sought to protect against seizure of U.S. assets by filing petitions for protection under Chapter 15 of the Bankruptcy Code.

Global banks and traders recently announced plans to launch the first blockchain-based platform to finance commodity trading.