In this upcoming article series, we will provide insights regarding third-party risk management throughout the lifecycle of a bank’s relationships with its critical vendors. Our first installment concerns operational considerations to keep in mind when negotiating vendor agreements.
Bringing the DOJ’s Bank Merger Guidelines into the 21st Century: How Certain Revisions Could Help Community BanksCategory: Legal Update
In fall 2020, the Department of Justice’s Antitrust Division issued a press release providing background and seeking public comment on a potential update to the Division’s 1995 Bank Merger Competitive Review Guidelines.
Most lenders are familiar with creating and perfecting security interests in personal property. However, when lending to farmers, there are a few additional issues.
Fredrikson & Byron is ranked among the most active law firms advising on mergers & acquisition, private equity and venture capital deals in Pitchbook’s 2020 Annual Global League Tables.
Prior to the COVID-19 pandemic, the Bankruptcy Code generally has been interpreted to require debtors to pay rent obligations on time under unassumed real property leases as those obligations arose post-filing and pre-rejection. This result was driven by 11 U.S.C. § 365(d)(3), which requires the debtor to “timely perform” all obligations until the lease is assumed or rejected, with one narrow exception.
The most important part of the process is assessing the alternative methods to wind down a business, choosing the right approach and executing on the plan.
As financial distress grows due to the pandemic, charitable organizations are faced with two immovable forces–increased demand from hard hit communities and decreased funding due to both the economic hardships facing many donors and the cancellation of most live fundraising events.
On February 22, 2021, Representative Steve Elkins introduced a major new privacy bill (HF 1492) in the Minnesota House of Representatives containing significant privacy obligations for businesses to which it applies.
Biden administration announces several PPP reforms to support the smallest businesses.
Fredrikson & Byron attorney Christopher D. Pham was named a “40 Under 40” honoree by the Minneapolis/St. Paul Business Journal (MSPBJ).