Specialty Group: Financial Institutions and Markets

An order for security for costs is never made lightly by the courts, notwithstanding that they have a broad discretion to do so. That discretion extends to an application to vary a security for costs order already in pla ...

Contact: Camden R. Webb; Williams Mullen’s (North Carolina & Virginia, USA) A federal court in Washington DC has ruled that a lawsuit against federal bank regulators challenging “Operation Choke Point” may pr ...

By: Arnie Spevack When a borrower requests a commercial loan for a new business or a business acquisition, lenders frequently require the borrower to secure the business loan with a mortgage on a personal residence. Th ...

By: Alison Rind A recent 7th U.S. Circuit Court of Appeals case reminds lenders that it is incumbent upon the lender to verify the income stream before extending credit based on rental income. In Wells Fargo Equipment ...