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Specialty Group: Financial Institutions and Markets

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Varying security for costs orders - how secure is your security?

An order for security for costs is never made lightly by the courts, notwithstanding that they have a broad discretion to do so. That discretion extends to an application to vary a security for costs order already in pla ...

Operation Choke Point: Lawsuit Against Federal Bank Regulators Survives Motion to Dismiss, Proceeds to Discovery

Contact: Camden R. Webb; Williams Mullen’s (North Carolina & Virginia, USA) A federal court in Washington DC has ruled that a lawsuit against federal bank regulators challenging “Operation Choke Point” may pr ...

Communiqué on the Principles Regarding Security Investment Companies

Author: Att. Ozgur Kocabasoglu The Communiqué on the Principles Regarding Security Investment Companies (III-48.5) (“Communiqué”) published in the Official Gazette dated 27.05.2015 and numbered 29368. The Com ...

Pledging a Residence to Secure a Commercial Loan

By: Arnie Spevack When a borrower requests a commercial loan for a new business or a business acquisition, lenders frequently require the borrower to secure the business loan with a mortgage on a personal residence. Th ...

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