ArticleSimplifying GSE Reform – A Roundtable DiscussionOn April 8, 2015 Andrew Davidson & Co, held a roundtable discussion in Washington D.C., "Simplifying GSE Reform – A Roundtable Discussion". United StatesFinance and BankingOrrick
ArticleSociété Générale Agrees To $122M Settlement In RMBS SuitOn February 27, the Federal Housing Finance Agency announced that it reached a settlement with French bank Société Générale of an RMBS suit.United StatesFinance and BankingOrrick
ArticleSpeech On FCA Priorities Relating To Asset Management, MiFID II And EMIROn September 12, the FCA published a speech by Martin Wheatley, FCA Chief Executive, on the FCA’s plans for 2014, which focus on issues relating to asset management, MiFID II and EMIR. United StatesFinance and BankingOrrick
ArticleSunTrust Settles With DOJ For US$968 MillionOn June 17, the United States Department of Justice announced a US$968 million settlement with SunTrust Mortgage Inc. United StatesFinance and BankingOrrick
ArticleTrustee Representation And Warranty Suit Against Morgan Stanley Will ProceedJustice Marcy Friedman of the Supreme Court for the State of New York partially dismissed U.S. Bank’s suit against sponsor Morgan Stanley Mortgage Capital.United StatesFinance and BankingOrrick
ArticleTrustees Seek Approval Of $4.5 Billion SettlementOn January 20, trial commenced before Justice Marcy Friedman in New York County Supreme Court to determine whether Deutsche Bank, U.S. Bank, and the other trustees of 330 RMBS trusts...United StatesFinance and BankingOrrick
ArticleUK House Of Commons Scrutinizes MLD4 And Revised Wire Transfer Regulation ProposalsOn January 2, the United Kingdom House of Commons Scrutiny Committee published its 28th Session 2013-2014 report. United StatesFinance and BankingOrrick
ArticleU.S. Treasury Department Issues White Paper On Online Marketplace Lending IndustryOn May 10, 2016, the Department of the Treasury issued a white paper on online marketplace lending that maps the current market landscape, reviews industry insights and offers policy proposals for the road ahead.United StatesFinance and BankingOrrick
ArticleU.S. Treasury Issues Guidance On The Transition From Interbank Offered Rates To Other Reference RatesThe U.S. Department of the Treasury issued proposed regulations that provide guidance on the transition from LIBOR. United StatesFinance and BankingOrrick
ArticleWells Fargo Settles FHFA’s RMBS ClaimsOn November 6, Wells Fargo & Co. disclosed in a regulatory filing with the Securities and Exchange Commission that it settled claims by the Federal Housing Finance Agency against it for approximately $335 million. United StatesFinance and BankingOrrick
ArticleDetroit Confirms Chapter 9 Plan Of AdjustmentApproximately 16 months after filing the largest chapter 9 bankruptcy in history, Detroit received approval November 7 of its chapter 9 plan of adjustment. United StatesInsolvency/Bankruptcy/Re-StructuringOrrick
ArticleHUD Returns The Housing Authority Of New Orleans To Local ControlOn May 28, HUD announced that it is returning the Housing Authority of New Orleans to local control from federal receivership effective June 30, 2014.United StatesInsolvency/Bankruptcy/Re-StructuringOrrick
ArticleUpdate To MadoffFollowing our post on the district court's extraterritoriality decision, the bankruptcy court dismissed the actions against several defendants on the grounds that the presumption against extraterritoriality ...United StatesInsolvency/Bankruptcy/Re-StructuringOrrick
ArticleAssured Guaranty Discontinues Lawsuit Against DB Structured ProductsOn November 17, 2014, Justice Shirley Werner Kornreich of the Supreme Court for the State of New York, New York County approved the stipulation of voluntary discontinuance between Assured Guaranty Municipal Corp., DB Structured Products, Inc., and ACE Securities Corp. United StatesLitigation, Mediation & ArbitrationOrrick
ArticleBob Loeb Participates In Lawfare Podcast On D.C. Circuit Ruling In Al-NashiriBob Loeb, a partner in Orrick's Supreme Court & Appellate group and a former appellate counsel at the U.S. Department of Justice, where he handled numerous national security related cases, recently participated in an episode of The Lawfare PodcastUnited StatesLitigation, Mediation & ArbitrationOrrick
ArticleCorporate Counsel: Is It A 'Cyberattack' Or A 'Data-Breach Incident'?This Corporate Counsel article goes beyond the nuts and bolts of how to respond to a data-breach incident, and offers some lessons learned from the frontlines.United StatesPrivacyOrrick
Article"Cybersecurity Guide Navigating The Digital Age" – Cyber Risks To Board Of DirectorsIn the wake of high-profile cyberattacks, boards of directors are increasingly being scrutinized by regulators, shareholders, and the public over their oversight of cybersecurity risk. United StatesPrivacyOrrick
ArticleThe Cybersecurity Playbook: Building Effective Attack And Breach PreparednessWith the most significant of cyberattacks resulting in millions of dollars in costs, irreparable damage to a company's brand, and key executives getting fired, organizations must begin to prepare...United StatesPrivacyOrrick
ArticleUPDATE: A Data Breach By Any Other NameThe Connecticut Supreme Court on Monday affirmed the lower courts' decisions in Recall Total Information Management, Inc. v. Federal Ins. Co., a case on which we have previously commented.United StatesPrivacyOrrick
ArticleNine Key Tax Issues For Startup Founders To ConsiderGrady Bolding, a partner in Orrick's Tax team in San Francisco, recently co-authored an article with Orrick alum Richard Harrochs, now a Managing Director and Global Head of M&A...United StatesTaxOrrick