Cash Collateral Account

• Owner Operator Indep. Drivers Ass'n v. Comerica Bank, (6th Cir. 2011)

..."), through which Arctic kept several accounts and a revolving line of credit, holds a portion of... the amount of eligible collateral, determined how much Arctic could request be advan... disbursement account), and (3) a cash collateral account. The lending relationshi...

• Federal Circuits

• Initiative Would Limit 'Pay Day' Loan Interest Rates

If it's not paid off, the company has the check as collateral, and may cash it whether or not you have enough money in your account to cover it, said Jean Ann Fox, director of financial services for the Consumer Federation of America.

• Missoulian
• August 21, 2009

• Initiative Takes Aim at Payday Lenders

If it's not paid off, the company has the check as collateral, and may cash it whether or not you have enough money in your account to cover it, said Jean Ann Fox, director of financial services for Consumer Federation of America.

• Billings Gazette, The
• August 21, 2009

• 12 CFR 950.17 - Advances to housing associates.

...(b) Collateral requirements?(1) Advances to housing associates. A... of such collateral, a Bank may establish a cash collateral account for a housing associate that ha...

• Code of Federal Regulations - Title 12: Banks and Banking

• Additional Set-Off Rights Against Cash Collateral Accounts - Better Be Clear.

Bank of America N.A. v. Lehman Brothers Holdings Inc. and Lehman Brothers Special Financing Inc. 439 B.R. 811 (2010) (U.S. Bankr. Ct., S.D.N.Y.) I d...

• Mondaq Business Briefing
• Nbr. 2011, January 2011

• Delaware's Not So Safe Harbors: Third Circuit Bankruptcy Court Declines To Rule That A Payment On A Letter Of Credit Is An Avoidance-Proof 'Settlement Payment'

... in all of their Citibank deposit accounts. In October 2008, in the midst of the 2008 econo... out under the LC from the Debtors' now flush cash collateral account. Less than two months later, ...

• Mondaq Business Briefing
• United States Law Articles in English

• 17 CFR 1.17 - Minimum financial requirements for futures commission merchants and introducing brokers.

... futures commission merchant in customer accounts and noncustomer accounts. (C) The amount of adjust...(2) The term current assets means cash and other assets or resources commonly identified ... spot commodities which ?adequately collateralize? indebtedness under paragraph (c)(7) of this secti...

• Code of Federal Regulations - Title 17: Commodity and Securities Exchanges

• 12 CFR 204.136 - Treatment of trust overdrafts for reserve requirement reporting purposes.

... reserve requirements on transaction accounts and nonpersonal time deposits. Under section 19(b)... the depository institution's receipt of the cash collateral from the broker and the trust departmen...

• Code of Federal Regulations - Title 12: Banks and Banking

• Self-Regulatory Organizations; Proposed Rule Changes:

... tri-party repo transactions are collateralized all day. Currently, tri-party repo transactions un... have unbalanced net GCF securities and cash positions within each clearing bank (that is, it i... of the clearing bank and FICC accounts needed to effect the after-hour movement of securi...

• FR, July 29, 2011
• Notices
• Securities and Exchange Commission

• MF Global U.S. Bankruptcy First Day Hearing Leaves Questions Unanswered

... Debtors allowed to use US$5 million of cash collateral held with JP Morgan for ordinary course... and stated that all money was accounted for with MF Global Inc. (the MF Global broker-deal...

• Mondaq Business Briefing
• United States Law Articles in English