On Monday, the Commodity Customer Coalition filed court papers objecting to a lien on MF Global assets secured by J.
FORBES: Benzinga Talks to MF Global Customer Counsel James Koutoulas
For example, you buy a home and later learn that the previous owner paid so little real estate tax that the local government has put a lien on the property.
The Company received a letter from the Brown Rudnick law firm which said that the retailer had breached a covenant of a bond indenture agreement by granting a lien on its inventory, according to the complaint.
Unfortunately, Germany did not understand that Britain did not have a lien on the whole world, and that (British interests apart) the views of other powers had to be taken into account, so that the desired territorial concessions could not be slipped into Germany's pocket without demur.
Why else would it ask for a 2nd lien on the spectrum nobody at the moment can figure out how to use?
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Wednesday's report drew sharp comment from Dean Zerbe, an AlliantGroup national managing director and former Senate Finance Committee Republican tax counsel who has been campaigning for a new small business taxpayer " bill of rights, " which would force the IRS to make an individual determination of the necessity of a lien, weighing the economic impact on the individual or business of a lien.
The certificate represents a super priority lien on the property.
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He even suggested to the vice-Chairman of the CME that he could argue in front of the court that the judge grant a lien to CME on the MF Global holding company assets if the exchange were to put up a temporary fund to make MF customers whole.
FORBES: Benzinga Talks to MF Global Customer Counsel James Koutoulas
The Residential Mortgage Banking segment directly originates primarily first lien residential mortgage loans on a nationwide basis with a significant presence within the retail banking footprint, and also originates loans through majority and minority owned affiliates.
At the time of purchase, no lien was filed on the track but Severson was a racetrack owner.
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The Treasury is working on a plan to let primary mortgage servicers compensate second lien holders, but those details have not been worked out.
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