NEXT
Sign in to follow

Daily Business Review

Private Credit Giants Curb Buyout Lending Spree in Big Shift

As recently as June, a group led by Blackstone provided about $5 billion of debt, one of the biggest seen in direct lending, to help fund the leveraged buyout of software maker Zendesk.
4 minute read

The Legal Intelligencer

Law Firm Blocked From Recovery From Bank Over Fake Client's Fraudulent Check Scheme

U.S. District Judge Gerald Austin McHugh Jr. of the Eastern District of Pennsylvania found that the law firm had not advanced a theory of recovery that would allow it to claw back what it lost in the alleged scheme.
4 minute read

Daily Business Review

Florida, Nursing Home in Talks in Suspension Case

Operators of a Okaloosa County nursing home went to the appeals court in April after the Agency for Health Care Administration issued an emergency order to suspend the facility's license.
3 minute read

Daily Business Review

Yellen Touts 'Friend-Shoring' as Global Supply Chain Fix

U.S. Treasury Secretary Janet Yellen singled out China, which has come in for increasing criticism from the Biden administration over a number of issues, as a country on which the U.S. and others should be less reliant.
3 minute read

Daily Business Review

Apple Sued Over Apple Pay, Accused of Antitrust Violations

Apple is accused of using its market power to fend off competition from rival payment apps and charging card issuers fees to boost its bottom line.
3 minute read

Daily Business Review

Florida Lawmakers Look to Revive Vetoed Projects

Lawmakers faced a Friday deadline for filing requests to tap into a new $80 million pot of money included in the state budget that took effect July 1.
3 minute read

New York Law Journal

The Statute of Limitations for Mortgage Foreclosures Faces Potential Changes

In raising a statute of limitations defense, a question may arise as to when the lender accelerated the loan, which begins the running of the six-year statutory period. Courts have held that the lender must take an "unequivocal overt act" and deliver a notice to the borrower expressly accelerating the loan. This article discusses several cases which have addressed the issue of what constitutes an unequivocal notice.
6 minute read

Daily Business Review

Goldman Traders Rescue Results From Investment-Banking Slump

Goldman Sachs was the last of the six biggest U.S. banks to post results, with investors scouring the reports for clues on the health of the economy.
4 minute read

Daily Business Review

Summer Airfares Show Signs of Peaking on Inflation Pressure

Airlines had been raising fares this year in part to capitalize on a surge in demand as people resumed travel in the wake of the pandemic.
3 minute read

Daily Business Review

Climate Activists Pivot to Local Action, Frustrated by DC Gridlock

West Virginia Sen. Joe Manchin has now decided to hold back support for climate and tax provisions in a broad spending bill.
4 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • The Role of Evolving Support Structures in Optimizing Legal Talent

    Brought to you by BigHand

    Download Now

  • Corporate Monitorship Advisory Services

    Brought to you by HaystackID

    Download Now

  • AI-Powered Deposition and Medical Record Summaries: Low Risk, High Reward

    Brought to you by Parrot

    Download Now

  • Aligning Client Needs with Lawyer Growth and Profitability

    Brought to you by BigHand

    Download Now