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Daily Business Review

Holland & Knight Advises Bank on Colombian Road Financing

Holland & Knight represents Colombia's infrastructure development bank on financing for a $1.1 billion road construction project.
2 minute read

National Law Journal

Consumer Agency Takes Swipe at Payday Lenders in New Rule

The Consumer Financial Protection Bureau today plans to unveil the first federal regulations targeting practices in the payday loan industry that critics say have kept borrowers in an endless cycle of debt. The agency's proposal comes as Google Inc. prepares to ban ads for payday loans in July.
4 minute read

The Recorder

Regulation Crowdfunding: What You Need to Know

New rules expand the number of people eligible to participate in broadly marketed private financings.
12 minute read

Daily Business Review

Banks Get New Ownership Disclosure Rule in 2018

U.S. financial institutions will be required to list beneficial ownership on all accounts in two years. While calls for beneficial ownership are gaining steam, some are calling for balance with confidentiality needs.
10 minute read

Daily Business Review

Argentina's Macri to Repatriate $1.3 Million From Bahamas

President Mauricio Macri said he will repatriate $1.3 million in savings from the Bahamas and use the money to buy Argentine treasury bonds because he is confident the struggling economy will recover and thrive.
1 minute read

Daily Business Review

Group Targets DNC Chairman With TV Ad Over Payday Lending Bill

A liberal group is spending $100,000 in television ads in South Florida to call out embattled Democratic National Committee chairwoman Debbie Wasserman Schultz for not cracking down harder on what many call the predatory practices of the payday lending industry.
4 minute read

Delaware Business Court Insider

Laster Rules Dell Merger Shortchanged Shareholders

Vice Chancellor J. Travis Laster on Tuesday ruled that Michael Dell and the private equity firm Silver Lake underpaid investors by approximately 28 percent in the $24.4 billion going-private merger of Dell Inc. in 2013.
4 minute read

Texas Lawyer

Texas Supreme Court Allows $1.29M Legal Mal Case Against DLA Piper to Proceed

The Texas Supreme Court has ruled that an Australian businessman has standing to sue DLA Piper, giving him a shot at recovering a $1.29 million jury verdict he won against the huge multinational law firm after the judgment was thrown out by an intermediate court of appeals.
4 minute read

Daily Business Review

Banks Come Up Empty in Probe of Ocwen's Mortgage Servicing

Ocwen says it's been vindicated by a third-party investigation into allegations from institutional investors led by Wells Fargo.
11 minute read

National Law Journal

Morning Wrap: Feds Bank on New Regs | Tech Companies Turn to State Lawmakers

The feds have "armies" of new rule enforcers for the banking and finance industry. Tech companies are increasingly taking legislative concerns to the states. And Merrick Garland gets a chance to speak (at his high school). This is a news roundup from ALM and other publications.
2 minute read

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