November, 2009 Articles

Bankruptcy

California Increases Homestead Exemptions

Most loans today are secured by real or personal property collateral, so the homestead exemption is of less importance to institutional lenders than it used to be. However, if you do find yourself administering an unsecured loan, or if you discover that the loan you thought was well secured turns out to be unintentionally unsecured, […]

How to Figure Monthly Interest Payments In Your Head

Negotiations with borrowers can be tricky and fast-paced. The workout professional needs to be able to respond to borrower inquiries quickly, authoritatively and without losing a step. While final numbers, covenants, terms and conditions must be developed carefully before being finalized, workout professionals know that Cash is King and that they must be able to […]

On Bank Litigation–E-discovery (Part 4): Establishing a Data Assembly Process

The final segment of Stan Gibson’s series on Litigation Readiness and Electronic Discovery addresses the practical problem of assembling and collecting all of the data needed for use in the lawsuit. Stan’s point is that advance preparation, a luxury in today’s fast-paced, cost conscious world, pays dividends when a lender is faced with short time […]

On Bank Litigation–E-discovery (Part 2): The Litigation Hold Process

Stan Gibson’s timely series on Litigation Readiness and Electronic Discovery continues with an explanation of the vital “Litigation Hold” process, what it is and how it is implemented. Stan is co-chair of JMBM’s E-Discovery Group, and at my request, is sharing his wealth of knowledge with our readers in a four-segment series. Members of the […]

On Bank Litigation–E-discovery (Part 1): Record Retention and Compliance

E-discovery, or electronic discovery, has come to California’s court system. Given our litigious society, there is a good chance that your bank or financial institution will soon be responding to requests for e-discovery. Litigation is never the process of choice, but as all workout professionals know, there are times when the only way to collect […]

4Hoteliers.com: Occupancy tax update on internet hotel booking: More lawsuits against Expedia and online travel companies (OTCs) over "lost" bed taxes — Why hotels should care about the transient occupancy tax (TOT) battle

Jim Butler’s blog article, "Occupancy tax update on internet hotel booking: More lawsuits against Expedia and online travel companies (OTCs) over "lost" bed taxes — Why hotels should care about the transient occupancy tax (TOT) battle," appeared in 4Hoteliers.com, ehotelier.com, Hotel Resource and Hotel Online.