McDermott Will & Emery announced the appointment of Kate Lamburn as a partner in the London securitization and structured finance group. Lamburn joins McDermott from London-based Ashurst where she was formerly a partner in the securities and structured finance group and then subsequently the director of professional development for that group. She was previously a partner at the London office of Weil, Gotshal & Manges. Kate focuses on cash and synthetic CDOs and other structured debt products. "We are delighted to welcome Kate to the team. She is one of the leading structured finance lawyers in London and her appointment marks a significant milestone in the rapid growth of the practice in London," said McDermott's co-head of securitization and structured finance Paul-Michael Rebus.
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Federal Reserve Vice Chair Philip Jefferson said in a speech Friday that long-term productivity gains brought on by artificial intelligence could compel the central bank to maintain higher rates to keep prices stable.
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The highly diversified pool mix consists of 29 different aviation asset types, with a third being new and emerging technology aircraft, and 45.7% are current technology aircraft.
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The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
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The deal will not make any principal payments during the revolving period unless it needs the cashflow to maintain the required overcollateralization amount.
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Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
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The financial technology firm says the hires reflect its continued investment in a solid growth, as it develops its finance offerings, and engages with industry leaders and regulators.
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