Welcome to the BANKING AND FINANCE LAW Spotlight Site.
Here you will find interesting information on trends and issues in the banking industry--especially with respect to the law and regulatory matters.
Check back frequently, or subscribe to the RSS feed using the orange button in the top left.
Thanks for visiting.
Search results for "Banking and Finance Law".
Posted on Mar. 27, 2017
In a case decided January 14, 2016, the Utah Supreme Court ruled that a trustee's sale conducted by an unqualified trustee, was neither void nor voidable.
Samuel Adamson refinanced his home in 2007. Thereafter, the loan became owned by Bank of America, which appointed ReconTrust as successor trustee. Contrary to Utah Code Ann. Section 57-1-21, ReconTrust did not maintain a physical office within the state, but nonetheless recorded a Notice of Default and Election to Sell.
Posted on Jan. 30, 2017
A recent case by the U.S. Court of Appeals for the Second Circuit underscores the desirability of an "all assets" collateral description in UCC financing statements.
Posted on Aug. 18, 2016
A recent hearing before the House Oversight and Government Reform Committee examined why virtually no new banks have been organized since 2009. The hearing focused on why that mattered as well as why it is happening. The findings should be of interest to everyone concerned about our nation's economic policies.