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Specialty Group: Financial Institutions and Markets

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Don't Forget the Waiver

By: Lawrence G. Lerman One may ask why we always include a waiver of all claims when we prepare an amendment or modification to existing loan documents. Similarly, we include a waiver of all claims against the lender in ...

Federal Court Holds That Bank’s Deed of Trust Primes IRS Tax Lien Despite Its Subsequent Recordation

By: Matthew G. DiMeglio A federal court of appeals held that a bank’s deed of trust had priority over an IRS tax lien, even though, the IRS filed notice of the tax lien more than a month before the bank recorded the d ...

Prohibition on Hidden Income Shifting in Turkey

Contact: Att. Tuna F. Colgar; Erdem & Erdem (Turkey) Prohibition on hidden income shifting is one of the most important issues that is broadly regulated under Capital Markets Law No. 6362 (“CML”). In conjunction wi ...

The Bahamas Investment Condominium

Contact: Delaney Partners (Bahamas) Recent securities legislation establishing a sophisticated investment fund vehicle called an Investment Condominium (“ICON”) under Bahamian law, is an example of The Bahamas’ en ...

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