Exact(2)
Investigators claimed the loans were in fact a means for the Da Silvas to recover drug debts by taking the proceeds and leaving their customers to repay the loans.
In the end, though, BofA rolled over surprisingly quickly in order to relieve the worst of its housing-related headaches, a product of its ill-advised purchase of Countrywide, a gung-ho mortgage lender.The bank will pay $8.5 billion to investors in more than 500 Countrywide-linked securitisations who had claimed the loans breached basic underwriting standards.
Similar(58)
Retail Acquisitions claimed the loan was for "professional fees", although more than a third went to members of the consortium.
The IRS claimed the loan transaction wasn't a loan at all and instead was a sale.
Sisu claimed the loan was an unlawful use of public funds, but the council said it was happy it had a "robust defence".
While he acknowledges borrowing money from Cohen and Shusterman, he claims the loans are older and much smaller than press reports have claimed, and weren't used to launch his weed venture.
If you receive a loan, can the IRS claim the "loan" you received that is still outstanding and hasn't been forgiven isn't a loan and was actually a sale?
If insurance cannot be obtained lenders may claim the loan is in default or refuse new loan applications.
Kushner's lawyer, however, claims the loan didn't need to go on the forms because Kushner doesn't need to pay the money back right away.
Ms Rousseff claimed the government loans for stadiums will be paid back in full and do not come from the ordinary budget.
Reijtenbagh has claimed the Blackthorne loan was made prior to Credit Suisse's financing to Plaza, but Credit Suisse claims it was kept in the dark about it.
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