Steven C. Preston has moved on from the Small Business Association to become the Secretary of Housing and Urban Development. He is credited with the overhaul of the agency’s loan disaster program which was crushed from aftermath of Hurricane Katrina. His departure is unfortunate as while significant improvements have been made under his watch, there […]
Entries Tagged as 'Austin Business Lawyer'
S.B.A. Leader Vacates Position
June 18th, 2008 · No Comments
Tags: Austin Small Business Attorney · Austin business law firm · Austin Business Lawyer
Microsoft, Yahoo Negotiating Again
May 19th, 2008 · No Comments
After rejecting Microsoft’s $31 per share takeover bid recently, Yahoo has come under fire from shareholders, most prominently investor Carl Icahn, who has launched a proxy battle seeking to replace the company’s board of directors. But now, Microsoft and Yahoo are once again sitting down to the bargaining table. This time, the topic of discussion […]
Tags: Austin business partnership attorney · Austin business deal lawyer · Austin contract law · Austin Business Lawyer
Amid Credit Crunch, Banks Wary of Commercial Loans
February 18th, 2008 · No Comments
The financial crisis in the mortgage and real estate industries is sending shock waves throughout the economic sphere, making many banks leery of issuing new commercial loans, particularly to small businesses. Even with a low Federal Funds rate, approximately 1/3 of banks in the U.S. had enacted tougher commercial and industrial loans during the 4th […]