The Office of the Chief Counsel of the Internal Revenue Service has issued a Legal Memorandum (Number AM2013-001, dated March 1, 2013) (the “Memorandum”), which has important implications and represents a victory for lenders...more
3/11/2013 - Capitalized Cost Deed-in-Lieu of Foreclosure Foreclosure IRS Mortgages OREO Properties
Often in connection with commercial loans, borrowers will enter into hedging transactions (“swaps”) for the purpose of mitigating interest rate, commodity or currency risk. Such swaps will frequently be entered into directly...more
3/4/2013 - CEA CFTC Dodd-Frank Eligible Contract Participant Loan Documentation SEC Swaps
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