Lowenstein Sandler created a global financial crisis group, a team of attorneys from a broad scope of practice areas dedicated to serving a growing list of clients affected by the current economic turmoil.
The new group includes a nationally ranked bankruptcy practice; a capital markets litigation team that is a pioneer in cases involving collateralized debt obligations and other forms of securitizations; a Derivatives practice with significant expertise in the negotiation and interpretation of complicated derivative contracts; an investment management practice that advises more than 200 domestic and offshore clients with net assets valued from $50 million to $30 billion; a mortgage banking and finance practice with extensive experience advising on purchases and sales of loan portfolios and servicing rights; a nationally recognized insurance practice that specializes in D&O coverage; a highly experienced securities ltigation team; and a white collar criminal defense practice that in recent years has represented directors, officers and corporations in more than 50 significant high-profile securities fraud prosecutions.
"By working cooperatively in this innovative cross-practice structure, our attorneys are able to anticipate and rapidly respond to ever-shifting conditions and provide an exceptionally thorough level of service to our clients," said Lowenstein Sandler Managing Director Gary Wingens.
"Over the past few weeks attorneys in our firm have fielded literally hundreds of questions from clients regarding these complex financial issues and have advocated on their behalf with administrators, trustees, regulators and counterparties. The global financial crisis group offers comprehensive analysis, advice and advocacy to help our clients manage their businesses and portfolios in this constantly evolving and interconnected global economy."