All banks operating in Minnesota must be aware of the recent decision in United Prairie Bank v. Molnau Trucking LLC. In that case, the Minnesota Supreme Court significantly reshaped the priority landscape between secured...more
On March 9, the SBA released a notice prohibiting foreign nationals and non-citizens from accessing all agency-backed loans. The notice provided that applicants of foreign national status would be ineligible to qualify for...more
Recently, the NCUA announced a second round of proposed regulatory changes under its “Deregulation Project,” an ongoing effort to reduce regulatory burden and eliminate outdated or duplicative requirements....more