NCUA places federal credit union into conservatorship | Orrick, Herrington & Sutcliffe LLP
On May 6, the NCUA placed a federally chartered credit union in Jackson, Mississippi, into conservatorship, citing “unsafe and unsound…
Tag: Credit
New York State updates insurance law to include virtual credit cards | Orrick, Herrington & Sutcliffe LLP
On December 19, the governor of New York enacted a law amending the insurance law and the public health law…
Hartford and Capital Credit Union clash over $3 million in bankruptcy battle
The dispute centers on two contracts: the General Indemnity Agreement (GIA) and the Intercreditor Collateral Agreement (ICA). The GIA, signed…