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Entries tagged “Loans”

Top 10 Issues to Consider When Dealing with Loan Participations. Rimon Partners Douglas J. Schneller and John J. Hanley in Thomson Reuters

Insight John J. Hanley John J. Hanley · Douglas J. Schneller Douglas J. Schneller · November 05, 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.

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Default Interest Is Enforceable in Bankruptcy Except When It’s Not

Insight Douglas J. Schneller Douglas J. Schneller · John J. Hanley 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

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Top Ten Issues to Consider When Dealing with Loan Participations

Insight Douglas J. Schneller Douglas J. Schneller · John J. Hanley 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

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U.S. Supreme Court: Filing a Time-Barred Claim in a Chapter 13 Bankruptcy Case Does Not Violate the Fair Debt Collection Practices Act

Insight Douglas J. Schneller 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

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U.S. Supreme Court: Purchaser of Defaulted Loans Not a Debt Collector Under the Fair Debt Collection Practices Act

Insight Douglas J. Schneller 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

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