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Specialty Group: Financial Institutions and Markets

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Lenders, Be Wary When Extending Credit on Rental Income Stream

By: Alison Rind A recent 7th U.S. Circuit Court of Appeals case reminds lenders that it is incumbent upon the lender to verify the income stream before extending credit based on rental income. In Wells Fargo Equipment ...

Perfect Your Security Interest By Filing Before A Closing

By: Michael Smith In most commercial loan transactions, a lender will secure a loan by filing a Uniform Commercial Code (UCC) financing statement to perfect its security interest in the borrower’s personal property. ...

Market Abuse Actions In Accordance With Capital Markets Law

By: Att. Nilay Celebi Introduction The Capital Markets Board adopted the Communiqué on Market Abuse (VI-1.104.1) (“Communiqué”) in order to determine the acts and transactions that result in the distortion of th ...

Don't Forget the Waiver

By: Lawrence G. Lerman One may ask why we always include a waiver of all claims when we prepare an amendment or modification to existing loan documents. Similarly, we include a waiver of all claims against the lender in ...

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