Discover how escrow accounts reduce risk and ensure smoother closings in business deals across industries – including manufacturing, logistics, and distribution. When it comes to selling or acquiring ...
The Supreme Court has asked the solicitor general to weigh in on an issue that could affect lenders and borrowers alike: whether the National Bank Act (NBA) trumps state laws that require lenders to ...
The ethical principle behind escrow funds is simple—the funds belong to a client or a third party, not the attorney. The attorney, who is a fiduciary, cannot commingle escrow funds with the attorney's ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. When it comes to selling or acquiring a business, the ...
Today, we turn our attention to escrow trust accounts, which do not offer any additional layers of FDIC protection when buying or selling a home than traditional checking, savings and money market ...
Justice Brett Kavanaugh’s opinion for a unanimous court Thursday in Cantero v. Bank of America will not be one for the casebooks or treatises, as it says almost nothing about how the lower court is ...
What's the Difference? - If you are a business, managing finances likely involves operating a regular business account on a ...
A recent ruling by the US Court of Appeals for the First Circuit could signal heightened exposure for lenders and servicers to ...