MBIA Suit Dismissal Strips Banks of Creditor Rights, Lawyers Say in Appeal
March 17, 2011 by
Filed under mortgage insurance
MBIA Suit Dismissal Strips Banks of Creditor Rights, Lawyers Say in Appeal
Bank of America Corp. (BAC) , UBS AG (UBSN) and other financial institutions said a New York appeals court stripped them of rights under state debtor and creditor laws when it tossed out a lawsuit challenging MBIA Inc.’s 2009 split into two bond insurers, [...]
Lawyers seeking jail term for former businessman
June 15, 2010 by
Filed under mortgage loans
Lawyers seeking jail term for former businessman
A former St. John’s businessman — whose mortgage brokerage shuttered in 2004 in the wake of hundreds of thousands of dollars in civil judgments and two licence suspensions by provincial regulators — is facing a hefty jail term.
Read more on The Telegram