Banking Archive » October, 2011

Banking - October, 2011

230 articles

• $205M AmBase Award Stands In Suit Tied To S&L Crisis
• Wells Fargo Sticks Up For $70M Friendly's DIP Loan
• Fed Didn't Document Authority For AIG Bailout: GAO
• Insurer Fights Covering FDIC In $71M Silverton Suit
• Merrill Can't Dodge RICO Suit Over Film Financing Deal
• Schwab ARS Fraud Claims Too Thin To Continue: Judge
• Too-Big-To-Fail Banks Not Too Big For A Living Will
• Developer Faces $21M PNC Suit Over Shopping Center
• US Presses China On WTO Banking, Insurance Promises
• REIT NorthStar Secures $100M For CMBS Buys
• Ex-State Street Execs Cleared Of SEC Fraud Claims
• It May Take Two To Tango Under RESPA
• Miami Beach Hotel Says Loan Servicers Cost It $899M
• Lenders Take Over Atlantic City Shopping Mall For $25M
• Software Co. Says Credit Suisse Yanked Funding For I2 Buy
• Judge Says Apthorp Atty 'Duped' Him In $385M Loan Suit
• McGuireWoods Nabs Securities, Antitrust Pro From Sullivan
• 2nd Circ. Nixes Arbitration Bid In $9M Wachovia CDS Case
• Patton Boggs Leads Opus Bank In $100M Capital Injection
• Aussie Fund Seeks $1B From Goldman Over Toxic Assets
• Avoiding Client Reference Fatigue During Awards Season
• Judge Whittles Claim From SEC's Suit Over CDO Fraud
• 4Kids, Lehman Reach Deal In $36M ARS Dispute
• Willis Group Beats Stanford Investors' Fraud Suit
• First American Can't Cut Losses In $4.5M WaMu Title Row
• Lehman, Danske Bank End $1B Claims Feud Over Loans
• US Tracks Down $7B In Allegedly Missing Iraq Aid Funds
• Madoff Trustee Targets HSBC Unit In $86M Clawback Suit
• Judge Questions Citi's $285M CDO Deal With SEC
• Why Are Rating Agencies Still Getting A Free Pass?
• TARP Watchdog Blasts Feds For Favoring Big Banks
• JPMorgan Slammed Over Use Of $700M Lehman Collateral
• SC Bank Sells $200M In Bad Loans To PE Joint Venture
• Commerzbank Pares Suit Over $275M Movie Loan
• Mass. Targets BNY Mellon Over Alleged Forex Scam
• NY, Del. AGs Mull Criminal Charges Over Mortgage Abuses
• Lehman Plan Gets OK From Creditors With $160B In Claims
• Basel Panel Eases Capital Rules To Boost Emerging Trade
• AmFin Financial Wins Approval Of Ch. 11 Plan
• Ex-Goldman Director Gupta Denies Insider Trading Charges
• Pillsbury Opens 1st Middle East Office In Abu Dhabi
• Goldman Says It Didn't Hide Paulson Position On Abacus
• US Bank Exec May Be Liable For Alleged MBS Fraud: Judge
• FDIC Seeks $127M From Mutual Bank's Ex-Directors
• 3rd Circ. Puts Away Garment Industry Antitrust Suit
• FDIC Adds $47M In Real Estate Loans To Nov. Auctions
• Tribune Investors Want Deutsche Clawback Suit Tossed
• Another Blow To Triangular Setoff In Bankruptcy
• UBS Short-Selling Claims Draw $12M FINRA Fine
• CFPB's Supervisory Manual: Priorities And Procedures
• Capmark Sues Goldman For $147M In Preference Claims
• JPMorgan Wants Parts Of $6B Lehman Claim Fight Hidden
• Drinker Biddle Dodges Ex-Lehman Broker's Malpractice Suit
• Lehman Ends Loan Spat With Developer SunCal
• Kennedy Wilson Buys $1.8B UK Loan Portfolio
• Merrill Brokers Urge 7th Circ. To Revive Bonus Bias Action
• Banco Espirito To Shell Out $7M Over Securities Sales
• Wells Fargo Escapes $16M Suit Over Real Estate Scheme
• WaMu Investors Get Class Cert. In $10B MBS Suit
• Goldman Sued By Pension Over Role In $38B Energy Deal
• Chadbourne, Proskauer Get Stanford Ponzi Suit Booted
• Marco Polo Survives Lenders' Bid To Sink Ch. 11 Case
• EU Extends Review Of Deutsche Boerse, NYSE Merger
• Treasury, IRS Urged To Revamp Derivatives Tax Policies
• Firms Want Fee Dispute Transferred To Federal Court
• ICE Approved To Clear Sovereign CDS In Latin America
• Ex-Brokers Say E1 Retaliated Over OT Class Action
• AIG Can't Move $10B BofA Suit To State Court: Judge
• Webster Puts Up $10M For Seavest Hospital Project
• Cravath Helps Santander Sell Auto Unit Stake To PE Firms
• Ropes Helps Bain Seal $2.1B Skylark Eatery Deal
• JPMorgan, FDIC Can't Shake $2M WaMu Lease Suit
• Too-Big-To-Fail Critic Tapped For Key FDIC Post
• Case Study: Whittle Development V. Branch Banking
• Ex-Affiliated Foods CFO Gets 1 Year For Bank Fraud
• Case Study: FICO V. Experian Information Solutions
• TD Bank Gets RICO Claims Dumped In Rothstein Fraud Suit
• Lewis & Roca Guides IMT's $8M Townhome Purchase
• Fraudster Gets 2 Years For $3.6M Ex-Im Bank Scheme
• $45M In Tax Refunds Belong To BankUnited: Judge
• Securities, M&A Pro Rejoins Godfrey & Kahn
• Ex-UCB Execs Deny Fraud Over Loan Losses
• Investment Co. Says Workers Took Trade Secrets To Rival
• Crews Wants $8M Bond Suit Over Housing Project Nixed
• Simpson Helps Scotiabank Buy Colombia Bank For $1B
• Regulators Told To Tighten Fast-Trading Controls
• Chase Clients Win Class Cert. In Mortgage Suit
• New EU Securities Proposals Would Clean Up Dark Markets
• What To Do When Your Borrower Files Bankruptcy
• Fight Over $8.5B BofA MBS Deal Moved To Federal Court
• Lehman Takes Aim At BNY Mellon Over Derivatives Deal
• JPMorgan Strikes $9M Deal In Wage-And-Hour Action
• Atty Barred From Misleading Mortgage Lawsuit Clients
• Judge OKs Lehman, BofA's $4.5B Claims Reduction Deal
• 2nd Circ. Upholds Citigroup, McGraw-Hill ERISA Wins
• SEC Review Could Lead To Slowdown In ETF Trading
• ATM Users Swipe At Banks, Card Cos. In Antitrust Suit
• IberiaBank Pays $2.5M To Exit Overdraft MDL
• Insurer's Ex-CEO Gets 5 Years For Forgery Fraud
• Allen Family Accused Of Forgery In $15M Ranch Deal
• 9th Circ. Affirms Class In BNY Suit Over Ponzi Scheme
• Santander Wants Madoff Fund Investors Sanctioned
• Carlton Fields Adds Trio To Atlanta Real Estate Group
• Nonprofit Debt Counselor Was Capital One Puppet: Suit
• Citigroup To Pay $285M In SEC Mortgage CDO Suit
• EU Raids Top Banks In Euribor Antitrust Probe
• BNP Paribas Defrauded Federal Credit Program: US
• Goldman Loses $393M On PE Funds, Other Investments
• Judge OKs Marco Polo Deal To Wipe Away $48M Claim
• Chase Home Finance Can't Shake TILA Action
• Judge Seeks More Info On Attys In Libor Antitrust Actions
• Swiss Re, BNY Mellon Beat Dutch Insurer's $86M CDO Suit
• BofA Wants Quinn Emanuel Ousted From AIG's $10B Suit
• Apollo, Others Accused Of Delays In LBO Price-Fixing Suit
• CFTC Expands Access To Derivatives Clearinghouses
• Insurer Sues Credit Suisse Units Over $1.8B In RMBS
• JPMorgan Ousts Squire Sanders In South Edge Bankruptcy
• Countrywide Wants Competition Claims Cut From OT Suit
• Credit Suisse May Close CMBS Division
• BofA Hands Off Property To Principal Real Estate
• AIG, BofA, Others Seek Exit From $137B Bailout Suit
• Brookfield Snaps Up BofA Stake In Ex-Merrill HQ
• Panel Urges SEC To Get Tough On Microcap Transfer Agents
• Cleary Helps JC Flowers Nab KBC Insurance Unit For €244M
• JPMorgan, BNY Mellon Sued Over Hospital Bond Filings
• Goldman's Tourre Can't Appeal SEC Fraud Suit Yet: Judge
• Allen & Overy Adds Financial Services Pro From O'Melveny
• Fed Adopts 'Living Wills' Rule For Riskiest Cos.
• Case Study: In Re Zais Investment Grade
• Judge Trims Class Action Over Optimal Madoff Feeder Fund
• House GOP Wants Supercommittee To Curtail Dodd-Frank
• FDIC's $48M Imperial Claim To Stay In Bankruptcy Court
• Ex-Orion CEO Wants Surviving ERISA Claims Tossed
• Madoff Feeder Fund Sues Citi Unit, Others For $143M
• BofA Credit Protection Plan Draws Another Class Action
• Ares Capital Ups Wells Fargo Funding To $1.3B
• Managing Cyber Fraud Risk At Law Firms
• Artemis Strikes $62.5M Deal In AIG Fraud Suit Over Sale
• Ambac's Fraud Claim Against Credit Suisse Back In Play
• Investor Wants 9th Circ. To Nix $3M Bear Stearns Award
• Judge Revives MBIA's Fraud Claims Against Credit Suisse
• Citing Dukes, Judge Nixes Class In Countrywide Bias Suit
• NY, Apthorp Builders Reach Deal In Condo Controversy
• BofA Wrongful Foreclosure Class Action Gets The Boot
• Morgan Keegan Beats Back Investor Suit Over ARS Risks
• The Enforceability Of Capital Commitments
• Resort Founder Loses Bid To Sue Credit Suisse, New Owner
• TCF Steers Into Auto Loan Market With Gateway One Deal
• Citigroup Dodges Norwegian Investors' $13M Fraud Suit
• House Dems Seek Antitrust Probe Of Debit Card Fees
• Citi's Hidden MBS Risks Led To Massive Stock Slide: Suit
• Applying FINRA Rules To Social Media
• Morgan Stanley Adviser OT Suits Consolidated In NJ
• Goldman Escapes Investor Suit Over High Pay Rates
• Essex Equity Fights Lehman Bid To Release D&O Insurers
• JPML Won't Unite UBS Wage-And-Hour Class Actions
• Countrywide Borrowers Lose Class Bid In Toxic Loan Suit
• SEC Advances Proposed Volcker Rule
• Grocery Supply CFO Should Pay $5M For Check Fraud: Feds
• JPMorgan OFAC Settlement — Only The Beginning
• DOJ Charges 2 Swiss Bankers In $600M Offshore Scheme
• Ex-United Commercial Execs Charged With Fraud
• Citi Accused Of 'Shoddy' Security Before Data Breach
• Doctors Take ERISA Suit Against UMB To High Court
• 'Risky' Wells Fargo Investments Cost Insurer $40M: Suit
• Baker & McKenzie Adds Latin American Finance Pro
• NJ Judge Tapped For WaMu Ch. 11 Mediation
• FINRA Hits SocGen With $61M Award For Fund Manager
• High Court Rebuffs RSGI Bankers' Bid For More Cash
• Reporting Rules Could Close Volcker Loopholes: Attys
• FDIC Targets Execs Over Alpha Bank Failure In $24M Suit
• Consulting Co. Targets JPMorgan Over $75M Oil Deal Funds
• Moody's Downgrades RBS, Lloyds, 10 Other British Banks
• Russian Insurer Can't Escape $1M Price-Fixing Fine
• House Grills FHFA On Outside Counsel Hires In Bank Suits
• Jilted Lenders Nail Belt Black Diamond With $16M Suit
• Goldman Stays Clear Of Solectron Shareholder Tangle
• JPML Combines Citi Home Loan Program Suits
• Attracting Private Investment In EU Bank Recapitalization
• Mortgage Fraudster Charged With Plotting To Kill Witness
• Ex-Banco Santander VP Poached Talent, Clients: Suit
• The Benefits Of Investor Protection
• Attorneys At Work: A Flexible Notion Of Plagiarism
• FDIC Beats Back MBIA's Suit Over IndyMac Collapse
• Madoff Trustee Wants $47M From ABN Amro, Nomura
• Goldman Unit Sued For Nixing $385M Lehman Property Deal
• Squire Sanders Taps Hahn & Hessen Corporate Partner
• Soros Can't Overturn French Insider Trading Conviction
• Distinguishing Between Loans And Municipal Securities
• UBS, Citigroup Snared In Investor Action Over SinoTech IPO
• Judge Nixes WaMu Bid To Limit Mediation On Ch. 11 Plan
• Lone Star Stock Fraud Ruling Clears Way For KEB Sale
• EU Commissioner Fights Opposition To Transaction Tax
• Deutsche Bank, Others Sued Over $500M In 'Crap' CDOs
• Former WaMu Execs Agree To $41.5M Securities Suit Deal
• 2 UBS Execs Step Down After $2B Rogue Trading Scandal
• Del Monte, Barclays Settle Buyout Case For $89M
• Credit Union Seeks Coverage Of Fannie Mae Loan Feud
• CFPB Head Nomination Moves To Full Senate
• Feds Add Laundering Charges To $670M Bond Fraud Case
• Insurers Slam Countrywide's Fraud Causation Demand
• Banks In $59B Madoff Suit Push To Kill Racketeering Claims
• New Claims Can't Save Lehman ERISA Suit: Judge
• EU Lists Concerns Over Deutsche Boerse's $10B NYSE Buy
• Zions Bank Sued For Alleged Overdraft Fee Scheme
• EU OKs Draft Rules Boosting OTC Derivatives Oversight
• Banks Should Base Worker Bonuses On Risk-Taking: Fed
• Mass. AG Blasts Foreclosure Talks, Preps Bank Suits
• GOP Stays On Attack With Proposal To Delay New OTC Rules
• Goldman Sex Bias Suit Shouldn't Lose Class Claims: Judge
• Financial Firms Cheated Vets With Hidden Fees: FCA Suit
• WaMu Pushes For Quick Approval Of Latest Ch. 11 Plan
• White & Case Lures Chiomenti Partner To Milan
• Sealing The Deal: Paul Hastings Becomes King Of FDIC Auctions
• Wachovia, Raymond James To Buy Back $458M In ARS
• Orrick Snares 5 Deals, Bankruptcy Pros
• NY AG, Feds Accuse BNY Mellon Of $2B Forex Scam
• Keeping Rogue Traders At Bay
• Cerberus Forges $400M Investment Deal With Turkish Bank
• Nomura Says Cadwalader's Bad Loan Advice Cost It $70M
• Alinda Capital Portfolio Co. Buys Cambridge Water
• Merrill Lynch Fined $1M Over Broker's Ponzi Scheme
• No Difference Between 'Law,' 'Laws': 7th Circ.
• Banks Try To Kick Marco Polo Bankruptcy Out Of US Court
• Supreme Court Bounces JPMorgan Check Fee Action
• Poker Sites' Banker Looks To Trump Laundering Charges
• Insurer Can't Dismiss Kickbacks Class Action
• Black Merrill Brokers Rebuffed By High Court
• Case Study: In Re Washington Mutual
• High Court Won't Mull $19M First Bank Winstar Ruling