Sentences with phrase «against financial institutions such»

Not exact matches

Among his other accomplishments, he led a group of 20 law firms that prosecuted cutting - edge class action cases against financial institutions, such as Countrywide, Wells Fargo, and JPMorgan Chase, concerning destructive negative amortization loans that unknowingly caused borrowers to assume tens of thousands of dollars of additional debt.

Whenever any civil action has been brought against any officer of the Florida College System institution board of trustees, including a board member, or any person employed by or agent of the Florida College System institution board of trustees, of any Florida College System institution for any act or omission arising out of and in the course of the performance of his or her duties and responsibilities, the Florida College System institution board of trustees may defray all costs of defending such action, including reasonable attorney's fees and expenses together with costs of appeal, if any, and may save harmless and protect such person from any financial loss resulting therefrom; and the Florida College System institution board of trustees may be self - insured, to enter into risk management programs, or to purchase insurance for whatever coverage it may choose, or to have any combination thereof, to cover all such losses and expenses.

At the same time, such a central bank will be biased against major losses in financial institutions.

In addition to this, large financial institutions, such as AIG started to sell another product called CDS (credit default swaps), considered an insurance product against MBSs.

«They were sold as being conservative investments, which of course they're not,» said Jeffrey Pederson, an attorney in Denver, Colorado, who has represented investors in settlements against financial institutions over whether such notes were suitable for his clients.

The ability to repay the role needs to be verified with the financial institution through profitability, statements etc.The secured Business Loan is granted against collateral like property, gold etc. while the unsecured business loan requires no such validation, however turns out to be more expensive than the secured business loan.

This makes it very difficult for a single - service provider such as a mutual fund company to compete against a multi-service financial institution.

The installation contains a large portrait of one individual affected by the economic crisis who was threatened with eviction from his home; a video projection presenting TAF's actions and social practice against eviction, and a graphic chart offering relevant information on the economic and hosing situation in Spain, such as «There is an eviction in SPain every 8 minutes, 532 evictions a day during 2012's first semester...» Audiences are invited to write postcards to the financial institutions who are responsible for conducting these evictions.

Such disasters have befallen the New York City Opera and Long Island College Hospital, two major New York institutions that collapsed in financial disarray in recent years, and the Crystal Cathedral in California, which filed for bankruptcy protection in 2010 after accusations that its board had imprudently borrowed against the endowment.

In the decision reached recently (5 December 2017) the Court has renounced its leading role in the fight against serious financial crimes and to support the other European institutions, committed at world level in the fight to such crimes, like the Commission and Parliament.

Ms. Tomasco's extensive experience in this area has led to positive results for her clients, such as her successful defense of a financial institution against a claim by its pension plan participants for additional retirement benefits.

Such expenses include the costs for notarizing fraud affidavits; certified mail sent to law enforcement, financial institutions and credit agencies; lost income resulting from time off work to meet with law enforcement or credit agencies; loan application fees for reapplying for a loan; and reasonable attorney fees incurred to defend lawsuits brought against the insured and to remove criminal or civil judgments.