Finance Law

LONDON, Jun 01, 2012 (BUSINESS WIRE) – Northern Trust /quotes/zigman/76293/quotes/nls/ntrs NTRS -3.38% announced today that it has received the IFSC Deal of the Year Award from Finance Dublin for its acquisition of Bank of Ireland Securities Services (BoISS) last year. The awards recognise the most significant MA and capital markets transactions and the expertise of [...]

By Lorene Yue June 04, 2012 Northwestern University’s law school, one of the top programs in the country, is considering shrinking its class size because of the continuing job crisis in the legal industry. Although there is no timetable for a decision, law school Dean Daniel Rodriguez says he is “taking a very close look [...]

NEW YORK–(BUSINESS WIRE)– Fitch Ratings assigns an ‘AA-’ rating to the following Monroe County NY Industrial Development Authority (IDA) bonds: –$65,940,000 school facility revenue bonds (Rochester schools modernization project), series 2012A (tax exempt bonds); –$57,910,000 school facility revenue bonds (Rochester schools modernization project), series 2012B (federally taxable qualified school construction bonds). The bonds are expected [...]

LOS ANGELES, May 31, 2012 (GLOBE NEWSWIRE) — Preferred Bank (Nasdaq:PFBC) today announced the termination of the Consent Order, dated March 22, 2010, between Preferred Bank (the Bank), the California Department of Financial Institutions (DFI) and the Federal Deposit Insurance Corporation (FDIC). In conjunction with the termination of the Consent Order, the Bank has signed [...]

Europe’s debt crisis is derailing Poland’s record corporate bond sales as banks curb lending. PGE SA (PGE), Poland’s biggest utility, and PKO Bank Polski SA, its largest bank, are among companies that delayed or canceled debt sales since April. While Polish companies and lenders raised a record 10.1 billion zloty ($2.84 billion) of debt between [...]

The recent impeachment trial was not just about legal terms and evidence, about objections and powerpoint presentations. It was also about personalities – from legal luminaries and fiery senators, to clueless witnesses and one defiant ear-covering prosecution lawyer. And so with post-trial assessment comes a shortlist of those who emerged as the impeachment rock stars, [...]

Each of the approximately 80 parents who dropped off their children at Shull David Elementary School recently received a special handout, courtesy of local law enforcement. Lehighton police officer Derek Solt and Rick Leymeister of the North Central Highway Safety Network handed out information about the Child Passenger Safety Laws now in effect that require [...]

LAS VEGAS, NV — Plaza Bank (OTCBB: PLZB) continued to strengthen its business banking and client services in Nevada with the hiring of talented banking executive Jessie Wade as a senior vice president and senior relationship manager in Las Vegas. “We’re seeing more and more demand for the services we offer, especially to small and midsized [...]

NEW YORK, June 1, 2012 /PRNewswire via COMTEX/ – KPS Capital Partners, LP (“KPS”) announced today that its portfolio company Global Brass and Copper, Inc. (“GBC”) completed a successful recapitalization. GBC raised $575 million of financing, including a $200 million committed asset-based revolving credit facility and $375 million 9.5% senior secured notes due June 2019, [...]

SALT LAKE CITY (Reuters) – Students in a Utah school district will need permission from their parents to read a book about a lesbian couple raising a family following the decision by a special committee to keep it behind library counters instead of on bookshelves. The book “In Our Mothers’ House,” by Patricia Polacco, became [...]