Vietnam’s EV Taxi Giant GSM Eyes Hong Kong IPO With $2–3 Billion Valuation 
Winter Storm Devin Triggers Massive Flight Cancellations and Travel Disruptions Across the U.S. 
Brazilian Oil Workers’ Strike Continues as Key Petrobras Union Rejects Proposal 
TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards 
Boeing Secures $8.6 Billion Pentagon Contract for F-15 Jets for Israel 
Warner Bros. Discovery Shares Slide Amid Report of Potential Paramount Skydance Lawsuit 
Leapmotor Targets 4 Million Annual EV Sales as Global Expansion Accelerates 
Citigroup to Exit Russia With Sale of AO Citibank to Renaissance Capital 
BP’s Castrol Stake Sale Raises Debt Relief Hopes but Sparks Cash Flow Concerns 
Star Entertainment Leadership Shake-Up Deepens as CFO and COO Exit Amid Ongoing Restructuring 
China’s LandSpace Takes Aim at SpaceX With Reusable Rocket Ambitions 
Samsung Electronics Secures Annual U.S. Licence for China Chip Equipment Imports in 2026 
China’s Iron Ore Buyer Pressures Mining Giants as New Supply Shifts Market Power 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccine Portfolio 
Royalty Pharma Stock Rises After Acquiring Full Evrysdi Royalty Rights from PTC Therapeutics 
Lloyds Banking Group to Close Invoice Factoring Business by End of 2025 
Nvidia and Groq Strike Strategic AI Inference Licensing Deal 
TROY, Mich., March 07, 2016 -- Giarmarco, Mullins & Horton, P.C. is pleased to announce that John McNew has published an article in the Real Property Law Section of the State Bar of Michigan’s e-Newsletter. The article is titled Insurance Proceeds: No Double Dips and is about the ruling in the case of Howard v. National City Mortgage (Mich App No. 323118, January 12, 2016, unpublished).
John McNew writes about how the implications of the full credit bid rule led to the predictable result: a mortgagee is not entitled to insurance proceeds for a loss occurring prior to a foreclosure sale if the mortgagee made a full credit bid extinguishing the debt. The link for the full article is: http://www.michbar.org/eBlasts/realproperty_enews
John McNew is an associate in the firm’s Business Practice Group. John concentrates his practice on corporate law, commercial transactions, mergers and acquisitions, real estate transactions, business formation, information and technology transactions and digital media issues. John’s clients include startups and small and middle market businesses.
Giarmarco, Mullins & Horton, P.C., ranks as the 12th largest law firm in Michigan. Founded 39 years ago, located in Troy, Michigan, Giarmarco, Mullins & Horton, P.C. is a full service law firm with over 60 attorneys. Areas of practice include litigation, corporate law, health care law, business transactions, estate and trust planning, commercial litigation, governmental law, real estate, creditors’ rights, criminal law, employment and labor and workers’ compensation. GMH has been recognized as a Top Tier Law Firm in the United States by U.S. News and World Report. Additional recognitions include Crain’s Detroit Business Cool Place to Work and Detroit Free Press Top Workplaces 2012.
Contact: R. Gilchrist 248-457-7190 [email protected]
