Entries tagged “loans”
Leases and loans feeling the COVID-19 pain
Phillip Wang · March 26, 2020
Thursday, April 2nd • 1 PM ET – (1 CLE Credit) With Shelter-in-Place directives causing non-essential businesses to close, this webinar addresses how borrowers, tenants, landlords, and lenders should handle their lease and loan obligations. Download the presentation slides here. Presenter: Phillip Wang, Phillip Wang practices in the areas of commercial litigation, bankruptcy, creditors’ rights, and real…
Top 10 Issues to Consider When Dealing with Loan Participations. Rimon Partners Douglas J. Schneller and John J. Hanley in Thomson Reuters
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Douglas J. Schneller ·
John J. Hanley · November 5, 2018
Rimon Partners John J. Hanley and Douglas J. Schneller thoroughly summarize the considerations that lenders should take into account when deciding whether or not to participate in a loan. Read the full article here.
Default Interest Is Enforceable in Bankruptcy Except When It’s Not
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Douglas J. Schneller ·
John J. Hanley · August 21, 2018
Default interest is a very common feature in all manner of lending transactions in today’s market. However, few legal issues have created more confusion or generated more litigation. Bankruptcy courts, in particular, have struggled with the issue but have failed to develop a consistent framework. There are many pitfalls but a conscientious lender can take…
Top Ten Issues to Consider When Dealing with Loan Participations
insights
Douglas J. Schneller ·
John J. Hanley · July 24, 2018
Rimon Partners, John Hanley and Douglas Schneller, have an important update titled “Top Ten Issues to Consider When Dealing with Loan Participations”. Loan participations can be an effective way for lenders to reduce their exposure to a borrower’s credit and manage their loan portfolios and liquidity, and for investors to acquire an interest in a loan without becoming a…
U.S. Supreme Court: Filing a Time-Barred Claim in a Chapter 13 Bankruptcy Case Does Not Violate the Fair Debt Collection Practices Act
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Douglas J. Schneller · July 11, 2017
The U.S. Supreme Court recently issued a 5-3 decision holding that a creditor filing a proof of claim in a Chapter 13 bankruptcy case for a time-barred debt was not false, deceptive, misleading, unconscionable or unfair conduct in violation of the Fair Debt Collection Practices Act (FDCPA). Learn more here. > You may also find this complementary…
U.S. Supreme Court: Purchaser of Defaulted Loans Not a Debt Collector Under the Fair Debt Collection Practices Act
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Douglas J. Schneller · July 11, 2017
The U.S. Supreme Court recently held that a purchaser for its own account of a defaulted loan is not a debt collector within the meaning of the Fair Debt Collection Practices Act (FDCPA). Learn more here. > You may also find this complementary article of interest: U.S. Supreme Court: Filing a Time-Barred Claim in a Chapter 13 Bankruptcy Case Does…