Mayer Brown will be hosting a monthly series of teleconferences on the business impact and legal challenges arising from the ongoing credit market disruptions.
The law firm believes the 30-minute briefings will provide a legal update on the issues facing corporate America, such as potential new regulations, pending and potential Securities and Exchange Commission enforcement and litigation matters, bankruptcies, corporate dealings and financial implications.
To address the growing credit crisis, the firms subprime lending response team has changed its name to the credit market distress team, in order to include a wider range of credit-related needs.
The renamed team has attorneys from offices in the U.S., Europe and Asia, and financial practices.
The first teleconference, which will focus on exposure and restructuring issues affecting auction rate securities (ARS), will occur Wednesday, June 11 at 11 a.m. Speakers include finance partner Paul Forrester and securities enforcement & investigations partner Rich Morvillo.