August 15, 2020 – Lisa D. Love is pleased to serve on the 2020-2021 NBA Women Lawyers Division Executive Board as its Parliamentarian and looks forward to assisting the Division to fulfill its missions for this year of strategic partnerships, targeted advocacy, empowerment sessions and paying it forward through mentoring. We are looking forward to [...]
Lisa D. Love Elected Parliamentarian ...
August 15, 2020 – Lisa D. Love is pleased to serve on the 2020-2021 NBA Women Lawyers Division Executive Board as its Parliamentarian and looks forward to assisting the Division to fulfill its missions for this year of strategic partnerships, targeted advocacy, empowerment sessions and paying it forward through mentoring. We are looking forward to [...]
THE PHASE-OUT OF LIBOR AND IMPACT ON ...
By: Lisa D. Love For nearly fifty years, the London Interbank Offered Rate (LIBOR) has been used by banks and other financial institutions as a global floating reference rate (benchmark). It is the primary benchmark for short-term interest rates around the world and underpins more than $350 trillion in mortgages, commercial loans, bonds and derivatives. [...]
THE TITLE INSURANCE COMMITMENT and cl...
By: Reginald A. Long, Esq. Pursuant to the New Jersey Title Act, title insurance companies are required to make a determination as to insurability prior to issuing an insurance policy. In order to determine the insurability of property, the title company will examine title to the property … Full [...]
Selective Disclosure In Securities
On September 13, 2017, the Municipal Securities Rulemaking Board (the “MSRB”) published a market advisory (the “Market Advisory”) regarding “Selective Disclosure” by municipal security issuers, which occurs when certain classes of investors (such as investment banking firms, investment advisers and institutional investors) are given access to information but other investors are not. Selective disclosure may [...]
Make Whole Provisions Triggered Upon ...
In Delaware Trust Co. v. Energy Future Intermediate Holding Co., 842 F.3d 247 (3d Cir. 2016),the Third Circuit stated that (i) New York and federal courts deem the term “redemption” to include both pre- and post-maturity repayments of debt, (ii) refinancings of debt by Energy Futures Intermediate Holding Co. (“EFIH”) with debtor-in-possession financing were optional [...]
Enforceability of Tail Fee Provision ...
In a recent breach of contract action involving the failure to pay an investment banking tail fee, the New York Supreme Court Appellate Division unanimously affirmed the order of the lower court granting a motion for summary judgment in favor of StormHarbour Securities LP (“StormHarbour”) against IIG Trade Opportunities Fund N.V. (the “Fund”) requiring the [...]
