Commercial Lending Definitions
The Wacky World of Unclaimed Property
How Well do you know Jamie Ryan?
Mergers and Acquisitions
100

This is the instrument that evidences the obligation of a borrower. 

What is a Note? 

100

The name of the process of transferring unclaimed property to the State from English law. 

What is escheat?

100

Jamie Ryan was born in this town in 1960. 

What is Painesville, Ohio?

100

These are the two different types of acquisitions or dispositions. 

What are assets deals and equity deals?

200

This is the security instrument that allows a creditor to take a security interest in land and affixed strucutres.

What is a mortgage? 

200

Before the creation of gift card subsidiaries, gift cards often included these two consumer unfriendly terms. 

What are expiration dates and fees?

200

Jamie Ryan graduated from this High School in 1978. 

What is Painesville Riverside?

200

He worked on the very first retail issuer credit card securitization deal as a first year lawyer in 1985.

Who is Jamie Ryan?

300

This is the name of a person or entity who agrees to be co-obligated to pay a loan made to another person or entity.

What is a guarantor? 

300

The creative lawyer who came up with the idea for gift card subsidiaries. 

Who is Jamie Ryan?

300

This was Jamie Ryan's undergraduate major at the University of Dayton. 

What is American Studies? 

300

This is the term used in partnership agreements when one partner can force the other partners to sell to a third party of the selling partner's choice. 

What is a Drag Along clause?

400

I am the party who receives the benefit of the land secured by a mortgage. 

What is a Mortgagee?

400

Who did the State of New Jersey accuse of "slick corporate lawyering" in a brief filed with the United States Supreme Court? 

Who is Jamie Ryan? 

400

Who finished as the top student in the first year contracts class at the Ohio State College of Law in 1982-3? 

Who is Jamie Ryan? 

400

This is the term for a provision in a partnership agreement when one partner offers a price to buy out the other partner, and the second partner can with accept the price offered (and sell) or buy the first partner out at that price. 

What is a Shoot Out provision? 

500

The process of taking a security interest in tangible personal property without taking actual physical delivery of the collateral. 

What is hypothecation? 

500
When did Jamie Ryan become the co-Chair of the Government Relations Advocacy Committee of the Unclaimed Property Professionals Organization? 

When is 2020? 

500

What is the nickname of the Painesville Riverside High School football team, where Jamie Ryan was a first team All Northeastern Conference offensive lineman in 1978? 

What is the Beavers? 

500

The name of the Cookie Company that Jamie Ryan represents. 

What is C. Krueger's Finest Baked Goods?