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, […]
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 […]
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 […]
Stan Gibson returns to the Special Assets Lawyer Blog with the third segment of his important series on Litigation Readiness and Electronic Discovery. In his last segment, Stan Gibson explained why it is so crucial to quickly locate and preserve the bank’s records by implementing a Litigation Hold. This time, Stan explains what a Data […]
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 […]
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 […]
In Court Suppresses Email Evidence in Bear Sterns Case, Stuart Tubis discusses U.S. v. Cioffi, et al., Case No. 08-CR-415 (FB) (E.D.N.Y. Oct. 26, 2009), in which The Eastern District of New York granted defendant Matthew Tannin’s motion to suppress evidence obtained from his personal Gmail account.
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.
You’ve gotten a judgment against that troublesome borrower who hides assets and plays games, but you are afraid that it will be many moons before you are able to collect. You know that one of the best ways to get this kind of person to deal with you is to get a statewide judgment lien […]
Michael Gold’s article "Efficient E-Discovery for the Smaller Case" was published in PLI’s November 5 All-Star Briefing newsletter.