EACC New York Member GRANITO has expanded once again, this time to actively assist companies, both in the US and Europe, to increase their business in the Netherlands. With the addition of Attorney Johan De Flines, an international Dutch lawyer,  Granito's Team is in a ready position to further aid its clients involved in cross-border business. The arrival of Avv. De Flines illustrates Granito's goal to actively expand into those countries which can benefit corporations seeking to increase profits beyond their home borders, whether by expanding exports, contracts,...

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It appears that the $65 million 75 Rockefeller Plaza loan will show up as defeased soon. According to a Commercial Real Estate Direct piece, MassMutual has refinanced the note with a new 40 year loan. The existing loan makes up over 50% of COMM 2003-LB1A. The loan matures in August 2014, but the note may be prepaid four months earlier. When trading this deal, make sure you account for the upcoming jump in the defeasance percentage and the likelihood that the loan will payoff once...

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Compliments of EACCNY Member Houthoff Buruma Shadow banking is a hot topic in the financial and regulatory world. Shadow banking was defined by the Financial Stability Board as the system of credit intermediation that involves entities and activities outside the regular banking system. Although shadow banks conduct activities similar to those of banks, unlike banks, they are currently not regulated. The relevance of shadow banking is partly caused by its size. The FSB has roughly estimated the size of the global...

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