A promissory note, in its simplest form, is an instrument by which a Borrower (the Maker) acknowledges its obligation to repay the Lender (the Payee). Historically, Lenders required Borrowers to enter ...

Deciding on the college or university of your choice and enrolling in that institution can be an exciting time, but it can also feel overwhelming with so much to plan and do before your first semester ...

You have to spend money to make money, as the old saying goes. But sometimes you have to borrow money to spend money, too. “It’s really the most important legal document that establishes the ...

Recent declines in the real estate and credit markets provide a unique opportunity in valuations of promissory notes. At first blush, the fair market value (FMV) of promissory notes, secured or ...

Benjamin N. Feder, associate, Katten Muchin Zavis Rosenman, Chicago, Ill. A common estate planning strategy is the sale of assets to a defective grantor trust. Generally speaking, the grantor ...

Lindsay VanSomeren is a personal finance writer based out of Kirkland, Washington. Her work has appeared on Business Insider, Credit Karma, LendingTree, and more. Lindsay VanSomeren is a personal ...

A recent opinion out of the Florida Fifth District Court of Appeal makes clear that the failure of a lender or its successor in interest to introduce and authenticate original promissory notes at ...

Two Los Angeles firms and individuals accused of raising at least $230 million through the fraudulent sale of promissory notes will pay a fine to settle the charges, regulators said Tuesday. J.T.

The A&R Promissory Note includes a commitment of the Lender to advance up to the full $10 million principal amount upon the request of the Company. As of the date hereof, the Company has taken an ...