On Dec. 24, 2018, the day before Christmas, the Superior Court in MB Financial Bank v. Rao, 921 EDA 2018, provided borrowers throughout the commonwealth of Pennsylvania with a proverbial “lump of coal ...

On June 20, 2018, Judge Carey of the Delaware Bankruptcy Court issued an opinion in the Woodbridge Group of Companies bankruptcies enforcing an anti-assignment clause contained in a promissory note to ...

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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 ...

A LAW giving the Minister for Finance "unusual" power to create €31bn sovereign debt via promissory notes did not amount to an unlawful "blank chequebook" to spend public money, the State argued in ...

Everyone likes to collect the money owed to them. This is why banks use promissory notes when extending you a mortgage or car loan. The promissory note is basically an "I Owe You" with an official ...