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Q: Website question ( Answered 5 out of 5 stars,   1 Comment )
Question  
Subject: Website question
Category: Business and Money
Asked by: shoaib-ga
List Price: $2.00
Posted: 24 Jun 2003 16:32 PDT
Expires: 24 Jul 2003 16:32 PDT
Question ID: 221322
Various  financial institutions  are  the 'clients'  of  the 
www.proskauer.com   organization  for  processing  of  loans,  I  want
 to  know  that  what   is  the  'meaning'  of  that  mentioned 
sentense?
Answer  
Subject: Re: Website question
Answered By: denco-ga on 01 Jul 2003 13:34 PDT
Rated:5 out of 5 stars
 
Howdy shoaib!

It appears that the law firm of Proskauer Rose LLP handles several
facets of the loan process.  In a press release dated 08/20/2002,
they speak of loan origination.
http://www.proskauer.com/news_publications/press_releases/content/2002_08_20

"Merrill, which has relied on Weinberger to handle its conduit loans,
recently turned to him to originate in excess of $500 million in
mortgage loans for various borrowers.

Wachovia, on the other hand, has had him represent them in originating
large fixed and floating rate mortgage loans and revolving credit
facilities and other types of debt instruments."

Their "areas of practice" real estate web page mentions some of
their other loan functions.
http://www.proskauer.com/practice_areas/areas/057

"We also regularly represent clients in connection with real estate
finance transactions (including mortgage and mezzanine loan originations
and restructurings), debt securitization transactions (including REMICs
and loan participations) and equity securitization transactions
(including REITs, equity funds and partnership syndications)."

So, the law firm of Proskauer Rose LLP provides legal expertise to
various financial institutions (banks, mortgage companies, financial
companies, etc.) in the process of arranging, acquiring, finalizing,
litigating, etc. a variety of loan products.

Looking Forward, denco-ga

Request for Answer Clarification by shoaib-ga on 02 Jul 2003 18:41 PDT
Denco-ga  please  note that again  outstanding  and  excellent  answer
 has   been  provided  by  you. I  need  a  little  more 
clarification  of  your  answer. You  said  that  Proskauer and  Rose 
LLP  provides  legal  experties  to  various  financial  institutions 
in the  process  of  arranging, acquiring, finalizing, litigating 
etc.  a  variety  of  loan products so  it  means that that those 
various  financial  institutions  have  'hired' the  services  of 
Proskauer  and  Rose  LLP  organization  for  processing  of  loans 
and  it also   means  that those  financial  institutions  pay  to 
that  law  firm  of  Proskauer and  Rose LLP  for the  processing  of 
loans. Please provide  'clarification'  to  my  request.  Thanks  for 
your help from  shoaib-ga.

Request for Answer Clarification by shoaib-ga on 02 Jul 2003 18:45 PDT
My  second  question  is that  how   can   I  apply  to  the  law 
firm  of  Proskauer  and  Rose  LLP  for  mortgage  loan  for 
purchase  of  residential  resort  property in the  Punta Del  Este 
resort  area  of  Uruguay  country  for 'investment'?

Clarification of Answer by denco-ga on 06 Jul 2003 16:45 PDT
Howdy shoaib,

To your first clarification request; yes, those various
financial institutions have 'hired' the services of
Proskauer and Rose, LLP for processing loans and it also
means those financial institutions pay Proskauer and Rose,
LLP for the processing of those loans.

Looking Forward, denco-ga

Clarification of Answer by denco-ga on 06 Jul 2003 17:05 PDT
Howdy shoaib!

As for your second clarification request, here is the main
contact at Proskauer Rose LLP for real estate matters.
http://www.proskauer.com/contact/contact_legal?practice=057&x=31&y=9

"Real Estate"

"The Real Estate Department at Proskauer Rose LLP advises clients
in the diverse and complex legal aspects pertaining to commercial
real estate."

Please contact our group leader:

LAWRENCE J. LIPSON
212.969.3760
llipson@proskauer.com

Note that from the above phone number, it appears that Mr. Lipson
works from the main New York Proskauer Rose LLP offices.
http://www.proskauer.com/contact/contact_general

Proskauer Rose LLP
1585 Broadway
New York, NY  10036

Tel: 212.969.3000
Fax: 212.969.2900

Keep in mind that Proskauer Rose LLP has many lawyers that
work in various areas, but I would suggest you first contact
Mr. Lipson either through a phone call or email re: your
inquiry.

Proskauer Rose LLP also has a department dedicated to Latin
American issues, and they might be worth contacting.
http://www.proskauer.com/contact/contact_legal?practice=106&x=24&y=11

"Latin America"

"At Proskauer Rose LLP, we have been privileged witnesses to the
changes that Latin America has experienced in the last decades.
Through our clients, we have participated actively in the
development that the different regional economies have experienced."

Please contact our group leader:

CARLOS E. MARTINEZ
212.969.3160
cmartinez@proskauer.com

Also keep in mind that it appears that Proskauer Rose LLP works
primarily with large institutions and might have a large dollar
minimum of investment, etc. levels before they will get involved.

Looking Forward, denco-ga

Request for Answer Clarification by shoaib-ga on 07 Jul 2003 21:30 PDT
Denco  researcher  please   note   that   excellent  and   top  rated 
answer  has  been  provided  by  you  but  if   possible  for  you 
and  if  that  does  not  cause  inconvenience  to  you  then  please 
also  provide  to  me  the  answer of   my  another  posted  question 
having  the  heading  of   ‘Ambac  financial  group  Inc.’  and 
please  note  that  it has  very  simple  question  in  it.

Clarification of Answer by denco-ga on 08 Jul 2003 11:20 PDT
I will check into it.

denco-ga

Request for Answer Clarification by shoaib-ga on 13 Jul 2003 03:01 PDT
Denco  researcher  please  note  that  you  have  still  not  provided
 answer  to  my  another  posted  question  having the heading  of 
'Ambac  financial  group Inc.'  and  please  note  that  time  of 
that  posted  question  is  running  out.  Please  provide 
'clarification'  to  my  request.  Thanks  for  your  help  from 
Shoaib-ga.

Clarification of Answer by denco-ga on 13 Jul 2003 14:42 PDT
Howdy shoaib!

I have started work on your other question at:

http://answers.google.com/answers/main?cmd=threadview&id=222992

but I am of need of some guidance and have requested clarification
on that question.

Thanks!  denco-ga

Request for Answer Clarification by shoaib-ga on 15 Jul 2003 11:30 PDT
Denco  researcher  please  also  note  that I  need  website  address 
of  any  organization  similar  to  the  Equity  Capital  and 
Securities  Ltd  or  www.ecsl.net  organization  but  that 
international  finance  organization  should  also  be able  to 
provide  "international  mortgage  loans"  for  purchase of 
residential  resort   property  across  Latin  American  countries for
investment  and  it  should  have  "no  minimum"  international 
mortgage  loan  amount  for  above  mentioned  purpose  so  therefore 
I  want  to  know  that  if  I  place  another  question  in this 
answers.google.com  website  asking  you  for  information  about 
above  mentioned purpose  then  how  many  US$  you  would  charge 
for  information  of  website  address  for  above  mentioned  purpose
 so  that I  shall  be  able  to  place  another  question  in this 
website  for  that  purpose?  Great thanks  for  your  help  from 
Shoaib-ga.

Request for Answer Clarification by shoaib-ga on 19 Jul 2003 07:14 PDT
Denco  researcher  please  note  that  I  have  also  requested 
information  about  any   international  financial   organization  
similar  to the  Equity  Capital  and  Securites  Ltd  organization 
and  I  have  provided  "details"  for  that   purpose  in  the  above
  mentioned  clarification  request  and  if  you  are  interested 
for  providing   information  for  that  purpose  then  please 
respond  to  my   request.  Thanks   for   your  help  from  Shoaib.

Clarification of Answer by denco-ga on 21 Jul 2003 11:58 PDT
Howdy shoaib,

Because of personal time constraints, I am might not be
able to handle the research you need in regards to sites
and companies similar to Equity Capital and Securities,
Ltd. in the near future.

My apologies, denco-ga

Request for Answer Clarification by shoaib-ga on 02 Aug 2003 18:31 PDT
Hello  dear Denco resercher  I  hope  you  would  be  fine  and 
please  note  note  that I  have  sent  this  message  to  you  to 
give  special  thanks  to  you  because  of  the  exclusive  help  you
 had  provided  to  me  in my  previous  posted  questions.  Best 
regards  and  best  wishes  to you  from  Shoaib.

Clarification of Answer by denco-ga on 03 Aug 2003 11:47 PDT
Thanks for the kind words shoaib!

Looking Forward, denco-ga
shoaib-ga rated this answer:5 out of 5 stars
Denco  researcher  has  provided  excellent  answer although he has
not provided clarification answer for Equity Capital and Securities
Ltd  organization  and it was a little sad  experience for me  but I
want to mention that Denco is an excellent  researcher.

Comments  
Subject: Re: Website question
From: denco-ga on 21 Jul 2003 11:59 PDT
 
Howdy shoaib,

Thanks much for the 5 star rating.

denco-ga

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