Loan Principle

At the intersection of the doctrine of black letter contracts, property and fairness: In re Citibank August 11, 2020 Wire Transfers, 2021 WL 1652171 (2021). | Charles E. Rounds, Jr.

Citibank administers as agent a $ 1 billion term loan for debtor (Revlon) and creditors (lenders). Lenders only have contractual property rights to the incremental principal payments over the term of the loan, which ends in 2023. The bank mistakenly transferred the full principal amount from its own account to …

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Two years after the 9th Senate: how far?

Deji Elumoye and Udora Orizu X-ray the Ninth Senate, two years after its inauguration in June 2019 Shortly after the April 2019 general election, the ruling All Progressive Congress (APC) party routed Ahmad Lawan, a senior senator, who has been a member of the National Assembly since the start of …

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LEGAL CORNER: Beware of Reverse Mortgages | Notice

Editor’s Note: The information in this column is not intended to provide legal advice, but to provide a general understanding of the law. All readers with a legal problem, including those whose questions are discussed here, should consult a lawyer for advice on their particular situation. While I love Tom …

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Rhode Island AG approves hospital sales, with conditions

CRANSTON, RI – The Rhode Island Attorney General has made the “unprecedented” decision to conditionally approve the sale of two hospitals in Rhode Island, saying securing future operations remains the top priority. “Since our review of this proposed transaction began over a year ago, we have been guided by one …

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Former Treasury communications chief joins Dashly

A former Treasury communications manager has been appointed communications and external affairs manager at the Dashly mortgage rating and switching platform. Lucy Mundy has led government communications on taxation, savings and investment, and joins Dashly to oversee its production of business and consumer news, design its strategic campaigns, and advise …

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Fintech overview for May 30, 2021

Billionaire Ray Dalio owns Bitcoin and thinks it’s better than bondsSpeaking at the Coindesk Consensus conference, Dalio said he held “Bitcoin”. He did not specify how much of his wallet is allocated to cryptocurrency or other digital assets, but he admitted that he prefers Bitcoin to government bonds. “The more …

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Biden’s budget has racial equity efforts in place

WASHINGTON – Six days after his inauguration, President Biden vowed that his administration would see everything through the prism of racial equality, making it “the business of the whole government.” On Friday, its $ 6 trillion budget began to deliver on that promise. Throughout the president’s massive spending plan are …

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Local swim school sued, bank says owners are underwater

The Baby Otter Swimming School operates in Palm Beach County, Broward County. Complaints from the main client companies. Bank United says the owners owe a lot of money. The Baby Otter Swimming School is continued in Palm Beach County. BY: STAFF REPORT | BocaNewsNow.com PALM BEACH COUNTY, FL (BocaNewsNow.com) (Copyright …

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Professional Negligence Claim Dismissed Against Lawyer Despite Conflict of Interest and Standard of Care Breach – Litigation, Mediation and Arbitration

“Neglect does not exist in the abstract,” notes Regional Senior Judge Calum MacLeod in Maisonneuve v. Langlois, 2021 ONSC 3587 (CanLII). Plaintiffs pursuing malpractice claims would do well to remember these words. The plaintiffs, husband and wife, sued their former lawyer, who had been struck off at the time of …

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Jim’s Mortgage Corner | Immovable

CONTINUE TO RENT OR SHOULD YOU BUY? This is one of my favorite questions because home ownership has so many benefits. While homeowners are happy that you rent out their home, you are essentially making the payments for them and helping them increase their equity, which you could do with …

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The Maine Millennial: New Love on the Road

You guys, I’m in love. She’s cool and gorgeous, and unlike anything I’ve experienced before. It’s a bright blue 2017 Hyundai Elantra. I called her “Electra”. It is not an electric car; I just thought “Electra the Elantra” would be catchy. It’s a used car, but with only 46,000 miles, …

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Race-based financial rewards, unfair loan forgiveness for all

The Biden administration, and Democrats in general, like to do racial equality, inclusiveness, and all that sort of thing. They systematically condemn racism on the surface, but violate this principle in practice. Recently, the United States Department of Agriculture of the Biden administration launched a program that offers loan forgiveness …

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Caps seek new loan deal for Nyoni

BY TAWANDA TAFIRENYIKA HARARE football giants Caps United are pushing for the loan deal from Chapungu’s Ian Nyoni ahead of the Premier Soccer League (PSL) player registration deadline on Friday. The transfer window closes on May 15, but PSL has encouraged clubs to register their players by Friday. Several clubs …

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Lisa Ellis of MoffettNathanson on Coinbase

Share Tweet Share Share Share E-mail The “Google of crypto economy»And Netscape 2.0. are just two of many powerful analogies that Coinbase’s Initial Public Offering (IPO) got when it debuted on April 14 with a closing price of $ 328.28 and $ 85.8 billion. market capitalization. It’s been a bit …

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LINE BK app exceeds two million customers in first 4 months

LINE BK from LINE Company, Thailand’s main social banking service, surpassed two million customers after operations started in October 2020, exceeding expectations by way of transaction quantity, mortgage functions and variety of new customers. A minimum of 50,000 new financial savings accounts are opened in a single day, and the …

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