Western Alliance Sues Jefferies Over Soured Loan, Records Charge-Off
Western Alliance Bancorporation filed a lawsuit against Jefferies Financial Group after being informed that $126.4 million in forbearance payments would not be made.
American Banker
Western Alliance sues Jefferies for $126M in First Brands fallout
The Phoenix-based bank said that affiliates of Jefferies had stayed current on the loan agreement until last week. The suit is the latest example of private credit-related problems at banks.
National Law Review
California Court Rejects DFPI’s “True Lender” Allegations in Fintech-Bank Partnership Dispute
On February 24, a California state court issued a preliminary decision granting summary judgement to a financial technology platform in litigation brought by the California Department of Financial ...
American BankerOpinion
Fincen is forcing banks to rethink some customer relationships
The Financial Crimes Enforcement Network's expectations of banks that file suspicious activity reports have changed. Some ...
HousingWire
Trade groups push for lower MSR capital charges, tailored mortgage risk weights
Eight lender groups urge federal regulators to lower capital charges on mortgages and MSRs, citing reduced bank participation and market changes. AI Summary Eight trade groups representing lenders are ...
Altoona Mirror
Public health groups sue EPA over repeal of finding
A coalition of health and environmental groups sued the Environmental Protection Agency on Wednesday, challenging the rescinding of a scientific finding that has been the central basis for U.S. action ...
Orlando Sentinel
Public health, green groups sue EPA over repeal of rule supporting climate protections
WASHINGTON (AP) — A coalition of health and environmental groups sued the Environmental Protection Agency on Wednesday, challenging the rescinding of a scientific finding that has been the central ...
Wall Street Journal
Environmental Groups Sue EPA Over Repeal of Climate Finding
A coalition of climate and health organizations sued the Environmental Protection Agency on Wednesday in an effort to combat its repeal of a landmark climate finding. The suit follows the EPA’s move ...
WUNC
Environmental groups sue EPA over climate regulation rollbacks: ‘Politics overriding science’
Last week, the Environmental Protection Agency rolled back a key climate finding that gave the federal agency the authority to regulate greenhouse gas emissions. Wednesday morning, environmental ...
Electrek
Groups sue EPA for its illegal dirty air plan which hikes your energy costs $1.4T
A coalition of 17 environmental groups have filed suit against the EPA’s recent illegal attacks on clean air and climate science, pointing out that the rule will raise American energy costs by $1.4 ...
PBS
Groups sue Trump's EPA over repeal of rule that supported climate protections
WASHINGTON (AP) — A coalition of health and environmental groups sued the Environmental Protection Agency on Wednesday, challenging the rescinding of a scientific finding that has been the central ...