article thumbnail

CONTRACTS: Emergency Orders and Delayed/Excused Action

NLRG (National Legal Research Group)

2d 306, 312 (1996) (regulations offer no excuse "where a party has assumed the risk of such regulation"). 2019); Specialty Tires of Am., 2002) (performance excused until it becomes possible to perform rather than excusing performance entirely). Dashiell , 195 Md. 677, 689, 75 A.2d Bobby Murray Chevrolet, Inc. ,

2002 40
article thumbnail

Will the GSEs Repeat 2007 - 2009’s Large Losses?

The Stoop (NYU Furman Center)

They have a credit box 8 that is akin to what existed around 2000 - 2002, i.e., before the GSEs loosened it up as mortgage bubble distortions showed up. 12] This is not a level considered “adequately capitalized” by the regulators. These reforms also include major changes to how the GSEs do their business.

2007 52