Danielle Hartl Crowdfunding is “the practice of funding a project or venture by raising many small amounts of money from a large number of people, typically via the Internet.”[1]  Companies in need of financial assistance launch a fundraising campaign online where a mission statement is presented, a goal amount is set, investments from the general…

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Addison Pierce In December of 2009, Attorney General Eric Holder announced a precedent-setting $335 million settlement with Bank of America.[1]  The deal settled claims that Countywide Financial, acquired by Bank of America, charged black and Hispanic borrowers higher mortgage fees and steered them into risker loans.[2]  The Obama administration, among others, applauded the efforts by…

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Dylan Mooney In Winshall v. Viacom Int’l. Inc.,[1] the Delaware Supreme Court held that in corporate mergers, a parent company is not guaranteed indemnification from its selling shareholders for all alleged breaches of representations and warranties unless it is explicitly stated within the merger agreement.  This decision demonstrates that selling shareholders are obligated to indemnify…

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Lara Samuels  On October 23, 2013, a federal jury in the Southern District of New York returned a guilty verdict for Bank of America and one of Countrywide’s former executives, Rebecca Mairone, for fraud charges arising out of actions related to the financial crisis.[1]  The matter originated from a “whistleblower” case brought by former Countrywide…

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