Evaluating A Bank’s Interest Rate Swap

A leading national bank (the “Bank”) was sued by a large corporate client (the “Borrower”) that had taken out several loan agreements and an interest rate swap (“IR Swap”) to hedge the floating rate payment risk. A team of experts from FTI Consulting was engaged by the Bank to review the IR Swap and act as an expert witness.
Situation
The Borrower entered a loan with the Bank, which grew significantly through multiple loan agreements and […]

By | October 25th, 2022 ||

Checking In With Bank Of Ireland’s Nicholas Armstrong

In this episode of Fund Finance Friday: Industry Conversations, Bank of Ireland’s Nicholas Armstrong joins Cadwalader partner Jeremy Cross to discuss fund finance at BoI, as well as current market developments and predictions for the rest of 2021.

 

By | October 14th, 2022 ||

Traubenfliegel v. Miller & Milone

Taubenfliegel v. Miller & Malone, P.C., Case No. 1:18-cv-01884-ERK-JO (E.D.N.Y. Dec. 17, 2018)

Mound Cotton won summary judgment in favor of its client, Miller & Malone, P.C., in an action alleging violation of the Fair Debt Collection Practices Act.  The FDCPA is a strict liability statute that “generally forbids collectors from engaging in unfair deceptive or harassing behavior” and “establishes certain rights for consumers whose debts are placed in the hands of professional debt collectors […]

By | October 12th, 2022 ||