Drake’s apparel company, October’s Very Own (OVO), is locked in a legal feud with an investor who recalled a $4 million loan and now says the rapper’s business […]
U.S. Department of Treasury and Small Business Administration Release Loan Forgiveness Application Form and Instructions for Paycheck Protection Program
August 27, 2020 Update. On August 24, 2020, the Small Business Administration (“SBA”), in consultation with the U.S. Department of the Treasury (“Treasury”), published the Interim Final Rule […]
Usher Restaurant Loan Lawsuit Moves Forward Against Bryan-Michael Cox
Usher has won a court ruling allowing him to proceed with $700,000 legal claims against music producer Bryan-Michael Cox over a loan for a failed Atlanta restaurant. A […]
Icahn’s Lawsuit Against Commercial Mortgage-Backed Securities Loan Special Servicer Clears Hurdle
A state court cleared billionaire Carl Icahn to continue his battle against special servicers for commercialized mortgage-backed securities loans, finding that the activist investor had standing to sue […]
Teachers Union Sues U.S. Department of Education Over Halted Student Loan Repayment Plans
A teachers union sued the U.S. Department of Education in Washington, D.C., federal court Monday, challenging the agency’s abrupt shutdown of income-driven repayment plans that help student loan […]
Mortgage Giants Face Lawsuit Over Loan Disclosures
Rocket Mortgage LLC and Charles Schwab Bank SSB have been hit with a lawsuit alleging violations of the Truth in Lending Act related to mortgage disclosures. Franz Bunnell […]