Finance Law

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES Grows finance assets from $6 million to $1 billion in 27 months TORONTO, July 3, 2012 /CNW/ – Element Financial Corporation (TSX:EFN) (“Element”), one of Canada’s leading independent equipment finance companies, today announced that it has completed the previously announced acquisition [...]

Posted: 07/04/2012 8:22 am Michael MeyersonWilson H. Elkins Professor of Law and Piper and Marbury Faculty Fellow, the University of Baltimore School of Law Our collective understanding of the framers’ view of the appropriate relationship between religion and government has been clouded by the divisive nature of contemporary politics. On one side are those who [...]

LANSING, Mich. (AP) – Gov. Rick Snyder and his lieutenant governor have signed 603 laws since taking office in 2011, a pace not seen in years. Mlive.com says the Legislature has kept the governor busy since the 2010 election put Republicans in control of state government. Snyder spokeswoman Sara Wurfel says the governor is focused [...]

On Wednesday, a Spanish national court judge ordered Rodrigo Rato, a political ally of Spain’s prime minister and former head of the International Monetary Fund, to appear in court to face criminal fraud accusations over his recent stewardship of the giant mortgage lender Bankia. Bankia, which the government seized in early May, is at the [...]

July 4 (Bloomberg) — Hellenic Telecommunications Organization SA has gone from being the biggest loser in Europe’s bond market to the best performer as its debt reduction plan kicks in and concern Greece will exit the euro recedes. The phone company’s 3.25 billion euros ($4.1 billion) of bonds in the Bank of America Merrill Lynch [...]

  The law school at private Texas Wesleyan University is being purchased by Texas AM in order to establish a public law college in the Dallas-Fort Worth area. The deal was announced by both schools on Tuesday after officials from Texas Wesleyan approved the sale on Monday night. The purchase price being paid by Texas [...]

LANSING (AP) — Gov. Rick Snyder and his lieutenant governor have signed 603 laws since taking office in 2011, a pace not seen in years. Mlive.com says the Legislature has kept the governor busy since the 2010 election put Republicans in control of state government.  Snyder spokeswoman Sara Wurfel says the governor is focused on [...]

By Alexandra Alper and David Henry Wed Jul 4, 2012 1:46am BST (Reuters) – Nine of the largest global banks on Tuesday expressed confidence they can be salvaged or dismantled without taxpayer bailouts if they became insolvent, as U.S. regulators released public portions of these banks’ “living wills”. The documents, required by the 2010 Dodd-Frank [...]

Wed Jul 4, 2012 7:42pm IST

Editor’s note: Lawrence Norden is deputy director of the Democracy Program at the Brennan Center for Justice at NYU School of Law. (CNN) — Amid our vacations, fireworks and barbecues Wednesday, it’s easy to forget that we are actually commemorating the signing of the Declaration of Independence. The most famous phrase from that document is [...]