The Global Subprime Crisis: Issues You Need to Know

Overview

Why You Should Attend

The collapse of the US housing market and the tightening of US credit as a result of the subprime mortgage crisis have caused a global economic slowdown.  Global losses due to the subprime credit crunch have been estimated at over one trillion dollars.  From Europe to Asia to Australia, the subprime crisis continues to impact a wide variety of legal practice areas - from litigation and securities to bankruptcy, structured finance and real estate.  As the problems in the United States spread abroad, attorneys need to prepare to handle the widely anticipated instability in the world financial markets.   Our stellar faculty of in-house counsel, compliance officers, regulators, and private practitioners will share their insights and expertise so that you and your clients and companies can proactively handle any developments resulting from these global events.

What You Will Learn

• How the subprime credit crisis has affected the global economic climate
• The current international economic view of the subprime credit crisis
• What is the crisis in liquidity and how will it affect you and your client or company
• Potential regulatory issues arising from the global economic turmoil caused by the subprime credit crisis
• The crisis' impact on international financial corporate practice

And

Earn one hour of ethics credit with a panel discussion of global corporate governance and compliance

Who Should Attend

In house counsel, financial service providers, compliance personnel, work out consultants, and secondary market investors should find this program of interest.

Special Features

• Keynote address by Zachary W. Carter, Dorsey and Whitney LLP
  Head of the New York Trial Department and co-chair of the White Collar Crime and Civil Fraud Practice
  Former US Attorney for the Eastern District of New York (1993-1999)
• Remarks by Paul J. McNulty, Baker & McKenzie LLP
  Former Deputy Attorney General, US Department of Justice

For more information click on the Live Webcast link in the Related Items box.

Special Bonus to all Registrants

All attendees will receive a complimentary copy of PLI's comprehensive Course Handbook. This softcover, bound volume was written to augment the program and to stand alone as a permanent reference. PLI's Course Handbooks represent the definitive thinking of the nation's finest legal minds, and are often the standard reference in the field.

Please Note: Webcast attendees will receive a downloadable version of the Handbook one business day prior to the program.

PLI Group Discounts

Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount.  For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.

PLI Can Arrange Group Viewing to Your Firm

Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.

Cancellations

All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.

Schedule

Morning Session: 9:00 a.m. - 12:15 p.m.

• Europe
• Asia
• The Americas 
• Australia
• Crises of liquidity and securitization
• Role of sovereign funds
• What is the crisis and what needs to be done globally?

• Compliance risk assessment
• Areas of financial impact
• Opportunities for consolidation of financial institutions
• Global financial and economic sectors
• Housing sectors
• Managing risk from consumer protection laws

11:00  Break

• Justice Department
• State Attorneys General
• FBI
• SEC
• Investigations into insider trading and international organizations

12:15  Lunch

Afternoon Session: 1:15 p.m. - 5:00 p.m.

1:15  Keynote Speaker

Zachary W. Carter

• Nordbank v. Merrill Lynch
• Financial Services v. AKB
• Merrill Lynch v. XL
• Anticipated litigation
• Class actions, derivative suits, and government investigations

• E-discovery
• Attorney/client privilege
• Privacy issues
• Blocking statutes
• Bankruptcy
• Insurance

3:45  Break

• Global corporate compliance
• Global corporate governance
• Federal and multilateral regulatory responses

5:00  Program adjourns

Faculty

Chairperson(s)

Moderator(s)

Speaker(s)

Program Attorney(s)

CLE Credit

Travel Information