Posts Tagged ‘Andrew S. Mello’
UCC Article 2: Because Even Your Toaster Deserves a Fair Contract
The Uniform Commercial Code (“UCC”) is a comprehensive set of laws governing commercial transactions. It was designed and drafted with the aim of standardizing, harmonizing, and simplifying the laws around commercial transactions across the country. It governs various aspects of commercial transactions, providing a consistent set of rules to promote fairness, predictability, and efficiency. While…
Read MoreActions vs. J.P. Morgan, Monolith Serve as SEC Compliance Check Reminders
The Securities and Exchange Commission (SEC) recently settled charges against J.P. Morgan Securities LLC (JPMS) for impeding hundreds of advisory clients and brokerage customers from reporting potential securities law violations to the SEC.[1] JPMS agreed to pay $18 million in civil penalties to the SEC to settle the charges. According to the SEC, from March…
Read MoreMezzanine, Bridge Financing Becoming Key Tools in Uncertain Economy
During periods of economic uncertainty and rising interest rates, alternative financing options such as mezzanine and bridge lending have emerged as attractive solutions for businesses. These specialized forms of financing provide flexibility, expedited funding, and risk mitigation strategies that traditional lending institutions may not offer. Mezzanine Lending: A Bridge to Growth Mezzanine lending occupies a…
Read MoreProtection From Panic Starts With These Proactive Banking Strategies
The fast and furious developments related to Silicon Valley Bank (“SVB”), Signature Bank, and others had depositors, employees, landlords, lawyers, accountants, and fiduciaries from nearly every sector scrambling for solutions to very real and challenging liquidity problems for their businesses and clients. Fortunately, after stepping in as receiver last Friday, the Federal Deposit Insurance Corporation…
Read MoreSAFE Banking Tweak Would Be Huge ‘Plus’ for Financial, Cannabis Industries
As the regulated sale of cannabis increasingly becomes sanctioned under state law, federal implications arising from its classification as a controlled substance continue to frustrate those in the banking industry who view the meteoric rise of the cannabis industry as a promising opportunity (legal market sales in 2022 are expected to reach $33 billion[1]). Despite…
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