maryland

Many get stung by Maryland banking company's bankruptcy plan

07/11/17

The Treasury Department will take a huge hit when Cecil Bancorp sells it bank, while 1st Mariner Bank in Baltimore will see its equity stake completely wiped out. Cecil opted for bankruptcy court when it was unable to resolve an impasse over its trust-preferred stock.

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Severn in Md. to buy title insurance company

07/10/17

Severn said it believes Mid Maryland Title Co. will complement its existing dealings in mortgages, commercial banking and commercial real estate.

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1st Mariner enters next phase of leadership

07/03/17

Rob Kunisch will succeed Jack Steil as CEO of 1st Mariner Bank, which has been seeking to right itself after years of difficulties.

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Howard Bancorp in Md. is planning to raise $36M

01/27/17

The company said it could use proceeds for repaying debt and acquisitions, among other things.age%22:Hz�/̘

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Shore Bancshares enters Baltimore with branch deal

01/11/17

Shore Bancshares in Easton, Md., has agreed to buy three branches around Baltimore from Northwest Bancshares in Warren, Pa.

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Owners of The Georgian Building in Silver Spring, Maryland File for Chapter 11 Bankruptcy Protection

06/23/11

On Wednesday, two related companies – Stellar GT TIC LLC and VFF TIC LLC – voluntarily filed for chapter 11 protection in the bankruptcy court in Greenbelt, Maryland with a pre-negotiated plan of reorganization.  The companies own an 891-unit multi-family high rise property (consisting of two 14-story apartment buildings) located at 8750 Georgia Avenue in [...]

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