Search
RSS
Our Attorneys
Twitter
Twitter
Friday
Jun192015

Verrill Dana to Present Two Maine Startup & Create Week Partner Programs

 
Verrill Dana is partnering with Maine Center for
Entrepreneurial Development and the Maine Angels
to host two Maine Startup & Create Week programs.

We hope you are able to join us for both events!


WHEN: Tuesday, June 23, 12:30 – 2:00 PM
 
WHERE: Verrill Dana
One Portland Square, 9th Floor
Portland, ME
04101

Join us for this panel discussion with Don Gooding, MCED, Greg Fryer, Verrill Dana, Bradley McCurtain and Judith Shaw from the Maine Office of Securities. This workshop will review the important details about the Maine Equity Crowdfunding law, aka Fund-ME, and in particular the new instruction manual to help entrepreneurs fill out the application. Important questions to be discussed include: what are the steps you need to go through before you start your application? When might a securities attorney be helpful or necessary? What role might broker/dealers play? How much might it cost?
 
REGISTER FOR THIS EVENT HERE

WHEN: Tuesday, June 23, 3:00 – 4:00 PM
 
WHERE: Verrill Dana
One Portland Square, 9th Floor
Portland, ME
04101

Now in its twelfth year, the Maine Angels regularly ranks on the national Halo list as one of the most active angel investment groups in the country. They usually meet behind closed doors; now is your chance to meet them, hear a bit about their investment strategy, and see if Maine Angels is a fit for you as an entrepreneur or investor.
 
REGISTER FOR THIS EVENT BY E-MAIL HERE

 
Click here to view the full schedule of Maine Startup & Create Week events.

Tuesday
Jun162015

Madden v. Midland Funding: National Bank Act does NOT preempt state usury laws for non-national bank

On May 22nd, the US Court of Appeals for the Second Circuit decided that the National Bank Act would not preempt a state law usury claim against the assignee of credit card debt -- a non-national bank -- that was initially issued by a national bank.

Click to read more ...

Wednesday
Jun032015

Financial Institutions . . . In the News

  • The second annual financial “stress test” of Fannie Mae and Freddie Mac show improvement.  (PPH 5.1.2015)
  • Wells Fargo’s stand-alone division focusing on commercial banking in New England.  (Boston Business Journal (5.4.2015)
  • Maine mortgage foreclosures are down due to the Greenleaf case ruling by the Maine Supreme Judicial Court.  (BDN 5.6.2015)
  • Four branches of Camden National to close from the acquisition of the Bank of Maine.  (BDN 5.15.2015)
  • US Department of Justice and four Swiss banks reach a deal to turn over US tax evaders.  (Maine Mirror 5.29.2015)
  • $3 million reinvested in Caribou from Maine State Retirement System surplus.  (BDN 5.30.2015)
Tuesday
Apr282015

Financial Institutions . . . In the News

  • A suit was filed against Quicken Loans by the Department of Justice for mortgage misconduct.  (Maine News Online 4.27.2015)
  • Deutsche Bank agreed to $2.5 billion settlement and other sanctions for fraud and anti-trust charges. (Maine Mirror 4.24.2015)
  • US banks plan to issues more microchip debit and credit cards to help prevent fraud.  (Mainebiz 4.20.2015)
  • Maine’s foreclosure inventory continues to decline.  (Benzinga 4.19.2015)
  • The MERS (Mortgage Electronic Registration System) is strongly being debated in Augusta.  (The Free Press 4.16.2015)
  • Some banking systems in Europe paying customers to take out loans.  (MPBN 4.14.2015)
Monday
Mar302015

Financial Institutions . . . In the News

  • Small Business Administration names Bangor Savings Bank the Top Lender in 2014, working with 87 businesses totaling more than $9.3 million in loans.  (The Spectator.com 3.26.2015)
  • TD Bank plans to increase United States’ location through acquisition of 25 to 30 branches each year.  (Reuters.com  3.26.2015)
  • IRS scammers becoming more aggressive in tactics to cheat people out of money.  (BDN 3.25.2015)
  • Mortgage bonds shows that 2015 refinancing was not as strong as previously anticipated.  (BDN 3.2.2015)
  • Bangor Savings Bank plans continued growth in Southern Maine.  (Mainebiz 2.23.2015)
  • Maine Housing’s new Advantage Program assists first-time homebuyers with a low interest rate and money for closing costs.  (RealEstateRama 2.24.2015)