On-Demand Learning

Banking

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.  ...

Released on: Oct. 3, 2012

Taken from the briefing Mobile Payments Compliance: Unique Disclosure, Advertising, and Money Transmission Issues recorded September, 2012. There has been considerable growth in the mobile payment space over the last year or so.  This One-Hour Briefing panel will examine unique compliance issues for those involved in mobile payments and will explore a number of compliance issues associated with meeting the requirements of various consumer ...

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 ...

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 ...

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 ...

Recorded on: Apr. 14, 2010

EDWIN SMITH: OK. Good afternoon everybody. We're going to start again after our luxurious break. I do want to pick up on a couple of questions, or comments, that have come up through the net. One dealt with deposit account control agreements. One of our viewers mentioned that she had a very difficult time negotiating a deposit account control agreement because of the depository banks request for an indemnity. And, this is very typical of a deposit ...

Recorded on: Oct. 11, 2012

Taken from the briefing Stranger in a Strange Land: CFPB and DOJ Bring Non-Mortgage Products into the Fair and Responsible Lending Fold recorded October, 2012. Regulators have long patrolled residential mortgage lending data for compliance with fair lending laws - principally the Fair Housing Act and the Equal Credit Opportunity Act - and “responsible” banking practices, generally meaning practices that are not unfair, deceptive, ...

Recorded on: Oct. 24, 2012

AMY TAUB: Greetings. My name is Amy Taub, and I am a program attorney with PLI. I would like to welcome to today's briefing, "Stranger in a Strange Land, CFPB and DOJ Bring Nonmortgage Products Into the Fair and Responsible Lending Fold." 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 ...

Recorded on: Mar. 12, 2012

MITCHELL EITEL: Welcome back. Our next panel is a panel of luminaries. And I'll introduce them just working from left to right. Immediately to my right is Deborah Bailey, who's the director of governance, regulatory, and risk strategies at Deloitte. She is a prominent speaker on the subjects we're going to talk about here, which are systemic importance and its effects, risk management and the like. Before her career at Deloitte, Deborah worked for ...

Recorded on: Apr. 17, 2013

JOHN RODDY: I apologize for the ceaseless coughing. This is a panel on collection, FDCPA and TCPA. To my far right is Don Maurice. Don is the president of Maurice and Needleman, whose attorneys specialize in all areas of creditors' rights and financial services litigation. In nearly 225 years of practice, Don has successfully litigated for the financial services industry in both state and federal courts. He's appeared as amicus counsel before the ...