≡ Menu

Glossary Of Equipment Leasing Terms L – Z

The following Glossary of Equipment Leasing Terms should help all business owners, whether a lessor or lessee, to understand key leasing terms when in the market to acquire equipment. Without some basic knowledge of these terms and qualified legal counsel, it may be substantially more difficult to make an educated decision in any leasing transaction. Please see Part One here.

Read more on Glossary Of Equipment Leasing Terms L – Z…

{ 0 comments }

In U.S. Bank NA v. The Village of Lakeridge LLC (“U.S. Bank”), the Ninth Circuit Court of Appeals held that for a bankruptcy debtor to confirm a plan using the Bankruptcy Code’s cram-down provisions, unsecured claims held by insiders are not counted for plan voting purposes. However, in the U.S. Bank case, the issue arose in the context of another party acquiring an interest from an insider, presenting the question: When a person acquires a claim from an insider, does this person become an insider?

Read more on SCOTUS TO Review Whether A Designation Of Non-Statutory Insider Status Is Reviewable Under Clear Error Standard…

{ 0 comments }

Glossary Of Equipment Leasing Terms A – K

The following Glossary of Equipment Leasing Terms should help all business owners, whether a lessor or lessee, to understand key leasing terms when in the market to acquire equipment. Without some basic knowledge of these terms and qualified legal counsel, it may be substantially more difficult to make an educated decision in any leasing transaction.

Read more on Glossary Of Equipment Leasing Terms A – K…

{ 0 comments }

Last month, the Treasury Department issued a 150-page report containing dozens of recommendations related to how Congress and regulatory agencies may streamline its regulation of the banking industry to better promote economic growth.

Read more on Treasury Department Recommends Better Tailored Banking Regulations, Part 2…

{ 0 comments }

In early June, the Treasury Department issued a 150-page report that included more than several, in fact, dozens of proposals and suggestions related to how the federal government through its regulatory agencies, with Congress leading the way, may better regulate the banking industry so that such governance and supervision promotes economic growth.

Read more on Treasury Department Recommends Better Tailored Banking Regulations, Part 1…

{ 0 comments }

The Federal Reserve promotes a stable banking and financial system that supports the growth and stability of the U.S. economy. To this end, the Federal Reserve supervises bank holding companies (BHCs), U.S. intermediate holding companies (IHCs), savings and loan holding companies, state member banks, and any nonbank financial institutions that the Financial Stability Oversight Council deems worthy of oversight.

Read more on Fed Approves the Capital Plans of U.S. Financial Institutions…

{ 0 comments }

The Effects Of Puerto Rico’s Bankruptcy “Filing”

Puerto Rico, a U.S. territory, filed for the equivalent of bankruptcy to relieve $74 billion dollars in debts to local and U.S. based creditors, as well as $49 billion in pension obligations. The appointed oversight board stated in a court filing that Puerto Rico is “unable to provide its citizens effective services.” As this unfolds, it is certain to have many far-reaching effects across the continental United States.

Read more on The Effects Of Puerto Rico’s Bankruptcy “Filing”…

{ 0 comments }

Lessons From In re Sunnyslope Housing Ltd. Partnership

In First S. Nat’l Bank v. Sunnyslope Hous. Ltd. P’ship (In re Sunnyslope Hous. Ltd. P’ship), 2017 U.S. App. LEXIS 9198 (9th Cir., 5/27/2017), the Ninth Circuit Court of Appeals permitted a bankruptcy debtor to cram down a first-position deed of trust because of restrictive covenants in junior position deeds of trust. The lender, in this case, First Southern National Bank (“First Southern”) argued that the court’s ruling would discourage future lending in similar circumstances.

Read more on Lessons From In re Sunnyslope Housing Ltd. Partnership…

{ 0 comments }

In First S. Nat’l Bank v. Sunnyslope Hous. Ltd. P’ship (In re Sunnyslope Hous. Ltd. P’ship), 2017 U.S. App. LEXIS 9198 (9th Cir., 5/27/2017), the Ninth Circuit Court of Appeals, because of restrictive covenants in junior position deeds of trust, permitted a bankruptcy debtor to cram down a first-position deed of trust to an artificially low value.

Read more on Ninth Circuit Allows Cram Down Based Upon Restrictive Covenants In Junior Position Deeds Of Trust…

{ 0 comments }

California Lenders License Legislation, SB 297, Fails

Efforts by the California legislature to expand the licensure and regulation of finance lenders and brokers under the California Finance Lenders License (CFLL) through California Senate Bill 297 (SB 297) have failed. SB 297 would have expanded the licensure and regulation of finance lenders and brokers under the California Finance Lenders License (CFLL) to include finders, referred to as “lead generators” by the provisions of SB 297.

Read more on California Lenders License Legislation, SB 297, Fails…

{ 0 comments }