When and whether tort claims impermissibly duplicate breach of contract claims is a question ubiquitous in commercial litigation in New York. A plaintiff's ability to assert a tort claim beside a ...

Learn the ins and outs of collateral assignment in life insurance policies, how it secures loans, and what it means for your beneficiaries.

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over ...

In this article, legal scholar LORD DENNING shows the legal gap that misled some journalist to assume that MDF’s payment amounted to corruption. On 19th January 2024, the MDF letter to the supplier, ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Jurgen Pohl, head of collateral department, BayernLB, says the ...

The case of Abbey vs Simply Construction brought up the question of whether adjudication can apply to a collateral warranty This affair asks whether a collateral warranty is capable of being ...

Collateral contracts are supposed to protect those not party to a contractual set-up. They work, but they also introduce flint-hearted button counters into the equation There have been a few problems ...

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Collateral is a valuable asset (like a car, house or even cash) you can pledge to secure a loan. If you fail to repay your loan, the lender can seize whatever you've put up as collateral. Financial ...