Mr. Cohen borrowed from a 50 %-dozen banks and credit history unions to acquire taxi medallions. Then he used the medallions as collateral to borrow extra money to order additional medallions, previous colleagues mentioned. He rapidly amassed 30 medallions, Each individual then well worth about $250,000, but racked up thousands and thousands in debt.
Cohen, reveal the diploma to which he has typically operated from the backwaters on the financial and legal worlds.
Important apply locations: corporate; M&A; banking & finance; infrastructure and general public utilities; securities & funds marketplaces
Essential exercise spots: taxation; commercial regulation; banking & finance; cross border transaction structuring; M&A
One of several buildings from which Mr. Cohen labored. He borrowed income from banking companies and credit history unions to acquire taxi medallions value about $250,000 Just about every, amassing hundreds of thousands in financial debt.
In case you answered that that has a significant Extra fat yes, then you have to operate from this law firm. A fantastic attorney would never ever request all of your funds up entrance.
It is rarely very easy to accurately forecast when your clients pays. Then again, there are sometimes payments to get produced which have been tricky to foresee. ... Read far more Jeffrey Glen Communism vs. Socialism More often than not, in media and in dialogue the principles of Communism and Socialism are made use of interchangeably to seek advice from the basically the exact same economic/political philosophy. The truth is these are two various philosophies that while obtaining ... Examine far more
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