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Byline: Andrew Jeong A Texas court has ordered former star NFL running back Adrian Peterson to turn over personal assets to help pay off a $12 million debt. Peterson's debt [...]

Under CPLR 7502(c), a court in 'the county in which an arbitration is pending...[is permitted to] entertain an application...for a preliminary injunction in connection with an arbitration that is pending [...]

The Supreme Court of India ('Supreme Court') in Pro Knits v. The Board of Directors of Canara Bank (Civil Appeal Nos. 8332 to 8337 of 2024) has held that the [...]

Following on from our previous article (The big freeze: Unitel SA v Unitel International Holdings BV & Anor) on the first instance decision in April this year, the Court of [...]

On 18 June 2024, the Court of Appeal overturned a controversial High Court ruling in which the grantor of a participation in a loan was ordered to repay a participant's [...]

Byline: Bennett Loudon A Rochester couple is being sued by a business associate over loans taken out in his name and for making personal purchases on credit cards for a [...]

Federal criminalization of safe, regulated intrastate cannabis legal in 38 states is unconstitutional-and unfair to small businesses Cannabis businesses are unconstitutionally prevented from getting small business loans, investments; unable to [...]

The Supreme Court in its recent judgement Vistra ITCL (India) Ltd. and Ors. V. Dinkar Venkatasubramanian and Ors., discussed and clarified the treatment of a secured creditor who would not [...]

A recent Irish Tax Appeals Commission (the 'TAC') determination (72TACD2023) confirms that loans secured on Irish land are within the scope of Irish capital gains tax. This decision is significant [...]

The recent case of Goldhill Finance Limited v Smyth [2023] EWHC 362 provides a warning of the importance of raising issues early and accurately in pleadings and highlights an underused [...]

Carl Ulm, 67, of Charleston, pleaded guilty in federal court to defrauding the Small Business Association to receive a Paycheck Protection Program loan under the Coronavirus Aid, Relief, and Economic [...]

New legislation to extend the clock on CARES Act anti-fraud prosecutions will soon be enacted, having passed the House 421-0 and the Senate by voice vote. It was presented to [...]

Investors say Nelson Partners owes them tens of millions, and student tenants complain about poorly run properties. Now a $54 billion investment firm is in the mix. A student-housing operator [...]

BOSTON, MA -- The following information was released by the United States Attorney's Office for the District of Massachusetts: A New York Man was sentenced today on charges arising from [...]

The High Court of Delhi (High Court), in the recent case of Religare Finvest Ltd. v. Asian Satellite Broadcast Pvt. Ltd.,1 has held that the sufficiency of the stamp duty [...]

A recent decision from the U.S. Bankruptcy Court for the Northern District of Texas illustrates that aggressive lender action can lead to 'lender liability' in a loan workout. Bailey Tool [...]

Introduction Earlier this year, the Honourable Justice Segal (Segal J) delivered a judgment (Abdulhameed Jafar v Abraaj Holdings and Others, unreported, 10 August 2021) (Judgment) on two security for costs [...]

Four Indianapolis-area small business lending executives, all of whom worked for Banc-Serv Partners LLC (Banc-Serv) a defunct lending service provider were sentenced this month in the Southern District of Indiana [...]

WASHINGTON -- The following information was released by the U.S. Department of Justice: Four Indianapolis-area small business lending executives, all of whom worked for Banc-Serv Partners LLC (Banc-Serv) -- a [...]

Written contracts are an essential tool in confirming the terms of an agreement between two parties following an apparently successful negotiation. Yet too often parties treat such agreements as mere [...]

As the COVID-19 pandemic continues, so does Department of Justice (DOJ) enforcement of COVID-19-related fraud. In our first alert on this topic, in May 2020, we tracked early fraud cases [...]

The House Select Subcommittee on the Coronavirus Crisis recently announced an investigation into the role of four Fintech companies and partner banks in issuing allegedly fraudulent Paycheck Protection Program (PPP) [...]

In its judgement delivered on the 18 March 2021 in the names of Brace Adonis v Braai Masters Co Ltd et, the First Hall of the Civil Court, presided over [...]

On April 21, 2021, the Department of Justice ('DOJ') and the U.S. Attorney's Office for the Eastern District of California announced a second settlement resolving alleged violations of the False [...]

ALEXANDRIA, Va. -- The following information was released by the United States Attorney's Office for the Eastern District of Virginia: A Virginia Beach woman was sentenced today to five years [...]

NORFOLK, Va. -- The following information was released by the United States Attorney's Office for the Eastern District of Virginia: A Virginia Beach man was sentenced today to 10 years [...]

In a costs ruling delivered on 12 March 2021, the Honourable Justice Ramsay-Hale provided welcome clarity on the circumstances in which the Grand Court of the Cayman Islands will make [...]

It is well known in the restructuring world that a debtor in bankruptcy can't get a PPP loan. But what if you're a debtor and decide a PPP loan could [...]

After bringing dozens of criminal charges against Paycheck Protection Program loan recipients in recent months, on January 12, the US Department of Justice announced its first civil settlement resolving allegations [...]

The Associated General Contractors of America, Inc. ('AGC'), the U.S. construction industry's largest trade association, has taken dead aim at the controversial Paycheck Protection Program ('PPP') loan necessity questionnaire (the [...]

Introduction The English Court of Appeal has handed down its judgment in the case of Joanne Properties Limited v Moneything Capital Limited and another1, which concerned the use and effect [...]

The recent decision of the Court of Appeal in Promontoria (GEM) DAC v Ciaran Redmond, Michael O'Neill, Clody Norton and Peter Crean T/A 'The NORC Partnership'1demonstrates to loan purchasers the [...]

BALTIMORE, MD. -- The following information was released by the United States Attorney's Office for the District of Maryland: A Fugitive Since 2011, Defendant was Extradited from South Korea in [...]

Byline: Virginia Lawyers Weekly In prioritizing competing liens on personal property, the court found a bank's interests were superior to those of the Internal Revenue Service, which had tax liens [...]