On-Demand Learning

Banking

Recorded on: Apr. 2, 2013

Taken from the briefing International Banking, Part IV: Foreign Banks Issuing Covered Bonds into the U.S.recorded March, 2013.Despite the sovereign crisis and heightened volatility, the covered bond market remains very attractive.  Foreign banks continue to access the U.S. markets with covered bond offerings.  We will discuss the market environment, the legal and regulatory considerations, and the process for an exempt offering by a ...

Recorded on: Apr. 16, 2013

AMY TAUB: Thank you. Hello, my name is Amy Taub, and I'm a program attorney with PLI. I would like to welcome you to today's briefing, International Banking, Part Four, Foreign Banks Issuing Covered Bonds into the US. Before we begin, I have some administrative announcements. This briefing will be one hour in length. Please feel free to send questions at any time during the briefing. Please remember that you have access to materials for this briefing ...

Released on: Oct. 3, 2013

Taken from the briefing International Implications of the JOBS Act Amendments Eliminating the Prohibition on General Solicitation and General Advertising Under Rule 506(c) of Regulation D and Rule 144A recorded September, 2013. Experts will lead a panel and discuss the SEC’s newly-adopted and amended rules under the Jumpstart Our Business Startups Act (the “JOBS Act”) that allow “general solicitation” and “general advertising” in private placements ...

Recorded on: Jul. 29, 2013

ROBERT W. MURPHY: Thank you, Brian. Our next speaker is Amy Wells, and she's going to be speaking to you about the Fair Credit Reporting Act. Miss Wells is a founder of the Wells Law Office, a boutique consumer protection litigation firm base in Dayton, Ohio. She earned her JD and her MBA in a joint program at the University of Dayton School of Law. She dedicates her legal practice to consumer advocacy, including issues involving identity theft, ...

Recorded on: Apr. 14, 2010

SCOTT LESNE: Welcome back, everyone. We are now going to spend some time talking about, in a combined session, inventory, and then after that, Ed will be talking about chattel paper. Let me just give you a little historical perspective, generally, about asset-based lending. I was noticing the name of the program, "Asset-Based Financing in Today's Economy" in 2010. When I first attended this program, a long time ago, it was just called, ...

Recorded on: Mar. 7, 2012

RON LAURIE: OK. So this is the banker panel. And these two gentleman up here probably know as much about M&As any two individuals on the planet. Stefan Selig is a vice chairman of investment banking at BofA Merrill Lynch. And Dave Descoteaux is managing director of Lazard and has been involved in many of the major high visibility patent deals of late. So let me just kick it off and ask the question, what gives you discomfort about trying to do ...

Recorded on: Apr. 14, 2010

EDWIN SMITH: OK. We are back live, for Letters of Credit. This is another topic I know you've all been waiting for. As you can tell, I got all the topics that nobody else wanted to do. But letters of credit are pretty important. And they're important in a lot of asset-based loan facilities. Now, let's start off with what is a letter of credit? This may be a little bit elementary for some of you. But others of you may not have come across letters ...

Recorded on: Nov. 19, 2012

Taken from the briefing LIBOR Scandal: Update on Current Litigation and Other Consequences for the Financial Industry (Audio-only) recorded November, 2012. Headlines continue to break as  bid-rigging scandal unfolds, with civil suits and criminal charges quickly following.  A wide range of plaintiffs are attempting to bring class action lawsuits against financial industry participants on this issue.  Significant ...

Recorded on: Dec. 6, 2012

PATRICK T. QUINN: So we're going to keep moving right along. The next panel covers litigation in the securitization space. I was observing to another panelist that we'll know that the securitization markets have sort of gotten back to normal when there's not as much to say on panels like this. Although we'll still invite these guys to talk. To my right, Susan DiCicco is a partner in Bingham Securities Litigation Group. And to Susan's right, James ...

Recorded on: Nov. 27, 2012

Taken from the briefing London Investment Company Act Equity Procedures 2012 recorded November, 2012. The Forum for U.S.  in London () has recently launched the London Equity Procedures 2012 (the “Procedures”), which include a menu of procedures and considerations to be used by issuers in the London market taking advantage of the Section 3(c)(7) exemption under  Act of 1940 for equity securities.  ...

Recorded on: Apr. 10, 2012

ALAN S. KAPLINSKY: OK. We're ready to begin. This will be the final panel before we break for lunch. And I'm sure it's gonna be a lively one, where the topic is mortgage litigation. You've already heard quite a bit, both yesterday and earlier today, with the state AGs and the New York Banking Department, about what they're doing in the mortgage area. Our focus here is gonna be a bit more on private litigation. And we've got two highly qualified people ...

Recorded on: Mar. 12, 2013

Taken from the briefing Navigating the Requirements for Derivatives Trading: Title VII of Dodd-Frank recorded March, 2013.Now that the rulemaking relating to Title VII of the Dodd-Frank Act has been nearly finalized, market participants are preparing themselves to function in a very different derivatives market.  Title VII imposes a comprehensive regulatory framework for derivatives, and requires both end-users and dealers to adopt ...

Recorded on: Mar. 26, 2013

AMY TAUB: Thank you. Hello. My name is Amy Taub, and I'm a program attorney with PLI. I would like to welcome you to today's briefing, Navigating the Requirements for Derivatives Trading, Title VII of Dodd-Frank. Before we begin, I have some administrative announcements. This briefing will be one hour in length. Please feel free to send questions at any time during the briefing. Please remember that you have access to materials for this briefing ...

From the program: Negotiating Real Estate Deals 2013

Released on: Jun. 18, 2013

Many things have changed in the world of real estate: the structuring of transactions, availability of financing availability of equity capital, bankruptcy remote structures, the role of the bankruptcy process, joint venture considerations, work out pitfalls, carve-out guaranties and unanticipated judicial interpretations, global market gyrations, interest rate setting irregularities, evolving neighborhoods, mega public/private projects, special servicer ...

Released on: Apr. 11, 2013

Taken from the briefing New OCC Foreclosure Settlements: Moving on From the Independent Foreclosure Review Process recorded March, 2013. Millions of homeowners have lost their homes and been subjected to unlawful conduct by mortgage servicing companies in the context of both judicial and non-judicial foreclosure proceedings around the country. The Office of the Comptroller of the Currency and the Federal Reserve recently announced that they reached ...

Released on: Oct. 24, 2013

Taken from the briefing New York State Department of Financial Services - Recent Initiatives in Consumer Protection and Capital Markets recorded October, 2013.The New York State Department of Financial Services (“DFS”) was formed in October 2011, merging the former state banking and insurance departments into a dynamic new regulatory agency. Two senior executives from DFS will speak about some of the groundbreaking work their divisions have been pursuing ...

Recorded on: Dec. 6, 2012

SPEAKER: And this first panel is going to be an overview of many of the different regulatory issues. Chairing the panel is Tom Deutsch, who's the executive director of the American Securitization Forum. To Tom's right is Larry Rubenstein, who's general counsel of Wells Fargo Asset Securities Corporation, as well as the Capital Markets Managing Counsel and head of Residential Mortgage Finance Legal Group for Wells Fargo. And to Larry's right is Scott ...

Recorded on: Apr. 14, 2010

ED: I'll give the podium over to Marsha. MARSHA SIMMS: Good morning, everyone. Thanks, Ed. As Ed mentioned, we talk to each other all the time. One of the other things that we do is we are all members of a listserv which is called UCC Law. And for those of you who are interested in joining, anyone can do that, please come up afterwards to me. I have the URL. And it's a good listserv in the sense that you can send in your questions and someone will ...

Recorded on: Jul. 29, 2013

ROBERT W. MURPHY: I'm going to first introduce Brian. I have to get his biography, although I know it by heart. Brian attended Vassar College, initially. And then he went on to Oberlin, graduated from Oberlin his bachelor's degree, and then went to Brooklyn Law School. That's his educational background. Brian is, I believe, argued from every circuit in the United States, with maybe one or two exceptions, the appellate level, repeatedly in front of ...

From the program: Real Estate M&A and REIT Transactions 2013

Released on: Jan. 24, 2013

Do you know the best negotiating strategies in the current real estate M&A market? What are the “hot buttons” for seller, buyer and lender requirements, in the board room, the courts and with the SEC?  What are the factors and legal issues you should analyze with respect to investing in distressed situations? How do the nature and ownership of the entity, and the characteristics of its property and the structuring of the acquisition ...

Recorded on: Mar. 12, 2012

LAWRENCE S. MAKOW: I think we have everybody. We're going to continue with the 10:15 panel. The way I wanted to do this was make some introductory remarks, which I will try to keep as brief as possible, but kind of give an overview of what we're going to try to do with the panel. And then introduce our panelists. And then go on. I guess the unwieldy name of this panel is Regulatory Developments Driving Transactions, Including the Volcker Rule and ...

Recorded on: Jun. 26, 2013

Taken from the briefing Return of Structured Finance and Residential MBS recorded June, 2013.As the U.S. capital markets continue to gain relative strength and longstanding regulatory uncertainties are resolved, ABS, MBS and covered bond issuers are increasingly inquiring about the prospects for entering these markets once again. The years since the financial crisis have brought sweeping changes in the rules affecting structured finance ...

Recorded on: Dec. 6, 2012

PATRICK QUINN: Is is a panel on risk retention in contrast to the previous panel on derivatives where there was a tremendous amount of a current regulatory activity and a lot to digest. There hasn't been a tremendous amount of activity on the risk retention front in 2012, although obviously there's still lots and lots to talk about. So let me just introduce the panel. To my right Lewis Cohen, a partner in the New York office of Clifford Chance. To ...

Recorded on: May. 1, 2013

Taken from the briefing SEC's Extension of Exemptions for Security-Based Swaps 2013 recorded April, 2013.Among its many important changes to the legal landscape, The Dodd-Frank Act defined the term “security” to include security-based swaps. The SEC has taken a deliberative approach in relation to the effects of this change, and recently extended until February, 2014 the expiration date of certain temporary exemptions and interim final rules ...

Recorded on: Apr. 14, 2010

SPEAKER 1: OK, that's it for letters of credit. I'm going to give Ed De Sear, my partner in the securitization area, an extra minute here. Ed has been involved in some of the really ground breaking work in securitizations from the very beginning. And is widely regarded as one of the top securitization experts in the country. I think we're all going to enjoy hearing what he has to say. EDWARD DE SEAR: Thank you Ed. And Ed, to advance the slides? To ...