Finance Law Blog

PRESS RELEASE - FEBRUARY 2009.  The international law firm STILAS led by founder Matthew Greene successfully closed a collateral securities financing transaction for $1.4 Billion USD (1.0 Billion EUR), with European banking institutions, to benefit project funding for ongoing batches of projects.... Read More

PRESS RELEASE - DECEMBER 2008.  The law firm STILAS founded by Matthew Greene closed a $55 Million loan funding transaction for a South American development company.... Read More

PRESS RELEASE - OCTOBER 2008.  The law firm and financial institution STILAS led by founder Matthew Greene successfully closed a $35 Million project finance funding loan closing for a start-up Egyptian construction company.... Read More

PRESS RELEASE - SEPTEMBER 2008.  The law firm STILAS founded by anti-fraud expert Matthew Greene successfully closed a $15 Million loan funding closing for a British non-profit in Egypt.... Read More

PRESS RELEASE - JULY 2008.  The international law firm STILAS founded by anti-fraud expert Matthew Greene successfully closes a project finance funding of $25 Million USD French investment for an Egyptian startup company.

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Copyright 2007, 2009 STILAS - All International Rights Reserved.

As a result of a superficial public understanding (and misunderstanding) of the various government notices on frauds and scams, the “conventional wisdom” in the financing industry became a counter-productive overreaction of complete refusal to pay any fees of any kind whatsoever to anybody, if the payment happens to be requested at any time before a loan offer is... Read More

Copyright 2007, 2009 STILAS - All International Rights Reserved.

The US State Department identifies the central common characteristics of an “advance fee fraud” scam.  “The proposals are unsolicited, emphasize the urgency and confidentiality of the deal, and require the victim to pay various government and legal fees and taxes before receiving what turns out to be nonexistent money.”  (US Department of... Read More

Copyright 2007, 2009 STILAS - All International Rights Reserved.

The term “Up-Front Fee” became synonymous with fraudulent scams after a series of popular schemes beginning in the United States during the 1960’s and reaching their peak in the 1970’s.  These schemes were based upon the promoters promising immediate access to unrealistically low interest rate loans, in exchange for the payment of an upfront... Read More

Copyright 2007, 2009 STILAS - All International Rights Reserved.

As a result of the many notices and warnings on various frauds and scams published by government agencies, many amateur intermediary brokers, and also many general practice lawyers who do not specialize in financing and banking transactions, have developed a mistaken and misdirected “knee jerk” reaction to normal professional services.  To avoid “up... Read More

Copyright 2002, 2009 STILAS - All International Rights Reserved.

The term “due diligence” comes from the legal concept that corporate executives have a legal obligation to duly exercise reasonable diligence in researching any potentially adverse facts in a business or transaction.

The phrase “due diligence” was first made popular by multinational law firms.  It later became... Read More