Banking & Finance
Akerman Combines Practices to Launch National Fraud and Recovery Team
NEWS
The firm said the new team leverages the combined strengths of lawyers from the firm’s litigation, healthcare, bankruptcy, and data law practices.
Dykema Expands Financial Institutions Practice with Addition of Elizabeth Khalil
NEWS
Khalil focuses on emerging compliance issues, particularly those related to technology and new uses of consumer information, as well as consumer lending and deposit issues and rules issued pursuant to the Dodd-Frank Act.
Bitcoin in Business: Smart Contracts
Article
Businesses can create and complete contracts that are stored on the public ledger permanently.
Latham & Watkins Advises Gritstone Oncology in Its Formation and Financing
NEWS
Gritstone Oncology, a cancer immunotherapy company developing next-generation, personalized cancer therapeutics, has announced a Series A financing of $102 million.
Compliance and Cyber Security Competing Priorities for U.S. Insurers
White Paper
Insurers in the United States will face competing priorities for resources and time over the next 12 months, with cyber security preparedness challenging overall regulatory compliance readiness, argues Wolters Kluwer Financial Services and reported by Canadian Underwriter.
Restoring Banking Integrity – 10 Reform Proposals
White Paper
“The immediate danger is that a continuation of current behavior by many large banks threatens to undermine our global financial system,” Vogl writes in an article for the Huffington Post.
Clear Contractual Terms Prevail Over Equitable Principles in Bankruptcy Cases (Again)
White Paper
Especially where contract parties are sophisticated, courts give weight to the fact that each provision in the contract was likely heavily negotiated and that each word was chosen for a specific purpose.
Tips for Dispute Avoidance in the Current Oil Price Environment
NEWS
The conventional belief is that oil and gas disputes will rise in the latter part of 2015 and into 2016, triggered in some measure by banks’ next round of reserve-based redeterminations for oil and gas companies.
A Refresher on Term Sheets and Commitment Letters
White Paper
Term sheets and commitment letters differ with respect to what is required of, and whether the terms are binding on, the parties.
$19.9 Million Jury Verdict in Houston Securities Fraud Case
NEWS
The verdict included actual and punitive damages, and after pre-judgment interest and attorney’s fees and expenses are added, the total judgment could exceed $25 million.
Webinar: Risky Business? Top Four Risks that Online Marketplaces Must Consider
EVENT, July 15, 1 p.m. EDT
The webinar is designed for finance, legal, risk and compliance professionals from all types of online marketplaces, regardless of the products or services they provide.
Latham & Watkins Advises LifeStorage in Financing from Consortium
NEWS
Latham & Watkins LLP advised LifeStorage, L.P. and its affiliates in securing a new $300 million acquisition facility & term loan from a consortium.
How to Prepare for an SEC Exam
EVENT, June 23, 12:30 p.m. EST
CounselWorks and Compliance Science will present a complimentary webinar providing practical guidance on preparing for an SEC examination, conducted by Kathleen Malone, a former SEC examiner.
To Manage 3rd and 4th Party Risk, Think – and Act – Like a Regulator
White Paper
Being proactive will help any bank prove it’s doing an effective job at regulating all of its service providers, both third and fourth party, all the while reducing its risk of exposure.
Texas Court Rules Fractionalized Life Settlement Interests are Investment Contract
NEWS
The Texas State Securities Board and some investors sued Life Partners Inc. and Life Partners Holdings Inc. in 2012.
MasterCard, Target Data Breach Settlement Falls Apart
NEWS
MasterCard Inc. has reported that the proposed $19 million settlement with Target Corp. over the retailer’s 2013 data breach fell through because not enough banks accepted the deal, Reuters reports.
Goldman Expected to Pay $130 Million Forex Settlement
NEWS
The deal would add Goldman to the list of settlements private investors have extracted from many of the world’s largest banks
Coats Rose Advises City of El Paso on Housing Redevelopment
NEWS
Coats Rose attorneys Barry Palmer and Bill Walter worked on the Rental Assistance Demonstration program, having closed the first three RAD transactions in the State of Texas in 2014 and now following up with these 13 properties.
What Will Oil and Gas Companies Face in a New Investment Environment?
EVENTS: April 28, 2 p.m. EDT
Event will discuss strategies for oil and gas companies across the value chain, including upstream, oilfield services, midstream, and downstream, in a challenging investment environment.
DLA Piper Bolsters Restructuring Practice with Addition of Eric Goldberg in L.A.
NEWS
Goldberg represents debtors both in and out of court, as well as creditors and other stakeholders, including lenders and funds, in a variety of transactions.
