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Because direct claims against the firm are stayed by bankruptcy proceedings, former Lehman executives have been named instead.
I would like to dispute the "legendary" customer service that First Direct claims to offer in your article of September 18.
Last month, Judge Wheeler narrowed the lawsuit, which Mr. Greenberg is pursuing through his investment vehicle Starr International, but allowed the direct claims against the government to stand.
Circulating "banknotes," yet another kind of commercial bank money, are direct claims against the issuing institution (rather than claims to any specific depositor's account balance).
It noted that direct claims by UK banks in the second quarter of 2015 represented 340 per cent of their tier-one capital.
At the same time, the decision leaves intact Mr. Greenberg's direct claims against the government on behalf of himself and other shareholders, denying a motion by the government to dismiss those claims.
Similar(43)
For one thing, it bars them from making any direct claim about the health benefits of their product.
But the investors have no direct claim on the assets of the Internet company should the parent company fall into a financial crisis.
It would also be a better deal for taxpayers, because it would give them a direct claim on any postbailout profits earned by the bank.
She pointed out that Jews seeking compensation for slave labor and property loss during the Holocaust can make a direct claim of personal harm.
The appeals court, the United States Court of Appeals for the Fourth Circuit, affirmed the decision, rejecting Mr. Dixon's direct claim under the First Amendment, which protects against actions by the government.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com