Freeport is, however, a substantially important decision concerning two of the safe harbor provisions in section 91.402 of the Texas Natural Resources Code. Those allow the payment of proceeds to be withheld, i.e., placed in suspense, without interest […]
We all know that general unsecured creditors, like holders of trade debt, often receive little to no recovery on account of the debt they are owed when a customer files for bankruptcy. Luckily, Section 503 of the Bankruptcy Code provides some relief […]
Energy Team co-chair Demetri Economou spoke with Law360 reporter Keith Goldberg about the federal court’s refusal to get involved with actions taken by Texas' grid operator during the 2021 winter storm. Click the link above to read the […]
The Texas Data Privacy and Security Act (“TDPSA”) regulates the collection, use, processing, and treatment of consumers’ personal data. The TDPSA applies to nearly anyone who conducts business in Texas or produces products or services […]
The new Corporate Transparency Act ("CTA"), as part of the National Defense Authorization Act ("NDAA"), directs the Financial Crimes Enforcement Network ("FinCEN") to establish and maintain a national registry of corporate […]
On November 30, 2023, the Financial Crimes Enforcement Network (FinCEN) issued a final rule extending the deadline for certain "reporting companies" to file their initial beneficial ownership (BOI) report under the Corporate Transparency Act […]
In Part II, Charles Aster discussed how the borrower needs to approach the initial meetings with the lender when its CRE loan is in the near future maturing and the borrower needs a loan extension or restructuring. The borrower needs to understand the […]
In Part I of this three-part blog on meeting with your lender, Charles Aster discussed the new June 2023 Policy Statement (the "2023 Fed Policy Statement") issued by the Federal Banking Authorities (the “Feds”), the upcoming […]
As discussed in previous blogs regarding the $4-5 Trillion of office mortgage loans maturing in 2024 and 2025, the Federal Banking Authorities (the “Feds”) have foreseen, in their new June 2023 Policy Statement (the "2023 Fed Policy […]
Kathryn Laflin discusses the Texas Supreme Court's recent decision that a subsequent purchaser of a home was required to arbitrate her claims against the builder for alleged construction defects. Read the full blog post here.
The Corporate Transparency Act ("CTA") directs the Financial Crimes Enforcement Network ("FinCEN") to establish and maintain a national registry of corporate beneficial ownership information ("BOI"). The CTA is comprised […]
A little over two months ago, the federal banking authorities (Feds) issued a new Policy Statement, a re-vamp and expansion of the 2008 “extend and hold” or “pretend and extend” policy that emerged from the 2008 Bank Liquidity […]