An escrow account is a secure, neutral third-party account, typically managed by a bank or attorney, used to hold funds until ...

Discover how escrow accounts reduce risk and ensure smoother closings in business deals across industries – including manufacturing, logistics, and distribution. When it comes to selling or acquiring ...

Managing multiple business transactions, assets, and bank accounts that all require escrow processing, also requires extreme organization. This element is key for any entity that needs to securely ...

The argument Tuesday in Cantero v. Bank of America revealed a bench of justices struggling to reconcile provisions of the National Bank Act that protect national banks with a New York statute ...

When closing on a home loan to help pay for your home purchase, you may find that your lender requires you to have an escrow account with them. In some cases, you can opt out, though you may not want ...

Justice Brett Kavanaugh’s opinion for a unanimous court Thursday in Cantero v. Bank of America will not be one for the casebooks or treatises, as it says almost nothing about how the lower court is ...

The U.S. Supreme Court seemed skeptical of both sides in a case involving state preemption of the National Banking Act. Whether national banks need to pay interest on mortgage escrow accounts in New ...

The appellate panel remanded the case and instructed the district court to assess, with factual development, whether the Rhode Island statute significantly interferes with Citizens' banking powers ...

On appeal, the Second Circuit reversed and held that “federal law preempts any state law that ‘purports to exercise control over a federally granted banking power,’ regardless of ‘the magnitude of its ...

When it comes to selling or acquiring a business, the stakes are high, and the details are complex. Commercial & Industrial (C&I) transactions often involve multiple layers of financial and ...