The Financial Crisis
As the country maneuvers through these turbulent economic times, those in a position to counsel such diverse entities as securities brokers, insurance companies, mortgage and real estate groups, accounting firms, and other financial institutions must have easy, economical access to the most up-to-date information and daily developments.
The legal issues of the financial crisis are mired in considerations of loss of property and acquisition of debt, the politically charged involvement of the U.S. government in stimulating a recovery, and myriad other matters underpinned by high finance, M&A, executive compensation, fraud investigations, workouts, restructuring, taxation, and a morass of litigation efforts aimed at mitigating risk.
To help you confidently advise your clients on one of the most pressing topics of our time, West offers the following industry-leading tools and content:
Take a closer look – Financial Crisis Demo
Books & Newsletters
Andrews Publications
The following
Andrews Litigation Reporter titles (available in print and on Westlaw) provide continuous coverage of developments in financial crisis legislation and litigation.
Examples of some of the articles featured in these
Andrews Litigation Reporter titles include:
The Unintended Consequences of the New Housing Act by Terry Connelly, Dean of Golden Gate University's Ageno School of Business
And many more
The Financial Crisis: A Thomson-West Report This book brings together in one place in-depth information about how the financial crisis is affecting the investment banking and mortgage industries, how regulators are responding, what reforms are in the works, and how states are responding to the tsunami of mortgage foreclosures. It also highlights the major litigation coming out of the crisis including lawsuits against Fannie Mae and Freddie Mac, AIG, Lehman Brothers, Merrill Lynch, and IndyMac. Finally, it includes reproductions of court filings in several of these cases that attorneys can use as models for their own work product.
View Table of Contents
Aspatore Publications
Most Recent
Additional Titles
The American Recovery and Reinvestment Act of 2009: An Immediate Look at the Legal, Governmental, and Economic Ramifications of President Obama's Stimulus Package
This product provides feedback from some of the nation's leading legal minds on the American Recovery and Reinvestment Act of 2009 and what it may mean for clients. The $787 billion stimulus package focused on improving tax relief, health care, infrastructure, technology, employment, and corporate responsibility as a means to change. This book addresses issues such as the major legal implications of these efforts, their potential for successfully turning the economy around, and possible negative consequences of the implementation of the Act. It also discusses next steps for revitalizing the economy.
Global Equity: Key Concerns for Inbound and Outbound Equity Investment
This product provides feedback from leading lawyers worldwide on weighing options for investing during the economic crisis and restoring stability to the markets. These experts discuss where opportunities exist for lower-risk investing and offer advice for attorneys to help clients weather the storm and come out ahead. From initial public offerings to sovereign wealth funds to private equity investments, inbound and outbound investing across the world has stalled and investors face uncertainty as to where their money may be safest. This book addresses the factors investors and executives should consider when weighing their investment options.
The Viability of Debtor-in-Possession Loans in the Economic Crisis: An Immediate Look at the Effects the Financial Crisis May Have on DIP Lending
This product provides feedback from some of the nation's leading legal minds on the risks and benefits of debtor-in-possession (DIP) loans for lenders, creditors, and borrowers during the current financial crisis. These experts discuss the reasons for the recent decline in DIP financing and offer their thoughts on keeping DIP loans alive despite the economic climate, particularly for companies considering Chapter 11.
Recovering Lost Assets in Ponzi Schemes: An Immediate Look at the Legal, Governmental, and Economic Ramifications of the Bernard Madoff Scandal (Aspatore Special Report)
This product provides an in-depth, on-the-spot look at how to recover lost assets from Ponzi schemes. In December 2008, Bernard Madoff was accused of perpetrating what appears to be the largest Ponzi scheme in history. Madoff allegedly deceived investors and took approximately $50 billion of their invested capital. This report provides feedback from some of the nation's leading legal minds on how this case compares to previous Ponzi schemes and what legal counsel needs to do to locate and distribute assets. These experts also consider what steps may be taken to strengthen compliance laws and bring forth enforcement actions.
Understanding the Bush Administration's Auto Bailout: An Immediate Look at the Legal, Governmental, and Economic Ramifications of the Government's Financial Assistance to Automakers (Aspatore Special Report)
This product provides feedback from the nation's leading legal minds on the benefits and risks of the $17.4 billion auto industry bailout for GM and Chrysler in late 2008 and the ways in which this agreement changes how the government interacts with U.S. automakers. These experts also discuss the effects these changes may have on auto dealers, both on the national and local level. Topics include whether the government bridge loans will be enough to rescue the automotive industry and the requirements placed on automakers as a result of accepting these loans.
New Developments in the Subprime Crisis: An Immediate Look at the Legal, Governmental, and Economic Ramifications of the Changing Face of Subprime Lending (Aspatore Special Report)
This product provides an update on the status of subprime lending in light of the continuing financial crisis and offers insight into potential reforms that may occur. The authors reflect on how the face of the economic crisis has changed from the initial subprime meltdown and consider what solutions exist for recovering troubled assets and implementing new low-rate lending options.
Financial Market Reform: Leading Lawyers on Understanding the Precedents for the U.S. Market Crises and Proposing Solutions for Improving a Failing System (Inside the Minds)
This product provides an authoritative, insider's perspective on the events and factors that have historically led to financial crises in the United States and the ways in which the system can be reformed. Featuring partners and chairs from some of the nation's leading law firms, these experts offer their insight into the status of the nation's financial market, including how this system was established and what issues may have led to the subprime mortgage and credit crises. Emphasizing the need to change how our financial markets operate, the authors walk the readers through a history of corporate fraud and regulatory reform.
Assisting Clients in Government Investigations During a Financial Crisis:An Immediate Look at the Attorney's Role in Resolving the Key Legal Issues Surrounding Government Investigations
This product provides insight into preparing a client for investigation by governmental regulatory entities during an economic crisis. It walks the reader through the investigation process step-by-step and offers suggestions on managing employees, interacting with authorities, and mitigating risks throughout each stage.
Distress in the Marketplace: How to Take Advantage: An Immediate Look at the Available Opportunities for Working with Distressed Assets in the Financial Crisis
This product provides insight into opportunities that exist to invest in distressed assets and negotiate with defaulting lenders. It offers suggestions for assisting clients in protecting investments and weighing the risks of investing in distressed funds.
The Impact of the Obama Administration's Financial Crisis Policies: An Immediate Look at the Legal, Governmental, and Economic Ramifications of President-Elect Obama's Potential Solutions to the Recession
This product provides insight into preparing a client for investigation by governmental regulatory entities during an economic crisis. It walks the reader through the investigation process step-by-step and offers suggestions on managing employees, interacting with authorities, and mitigating risks throughout each stage
Comparisons of the Current Financial Crisis to the Great Depression (in print and on Westlaw)
Provides feedback from some of the nation's leading legal and financial minds on the similarities and differences between our current economic climate and that of the Great Depression era. These experts speculate on how the relationship between these two crises may affect future reform decisions, as well as the impact changes will have on attorneys and financial advisors alike.
The Collapse of Washington Mutual (in print and on Westlaw)
Some of the nation's leading legal minds weigh in on the significance of Washington Mutual's failure within the overall financial crisis and the repercussions that may be felt throughout the financial market. These experts speculate on potential new legal and regulatory compliance changes that may occur to battle the continuing crisis and weigh the pros and cons of increased regulation.
Understanding the Government Bailout Plan (in print and on Westlaw)
Provides feedback from some of the nation's leading legal minds on the various provisions of this response plan to the financial crisis, and how Americans will be impacted. These experts speculate on how this plan may factor into a larger scheme of new reforms, and discuss the effectiveness of this approach to bailing out the financial markets.
The Emergency Economic Stabilization Act of 2008: Analysis and Interpretation
This product provides an in-depth look at the Emergency Economic Stabilization Act and the various provisions that will impact the markets. It analyzes title I, Troubled Assets Relief Program; title II, Budget-Related Provisions; and title III, Tax Provisions of the Act, and provides the critical insight necessary to understand this new legislation. It interprets the key provisions of the Act, providing commentary on how each section translates in the real world and enabling attorneys to best serve the clients who are most affected by this bailout.
Legalworks Publications
Mortgage and Asset Backed Securities Litigation Handbook (in print and on Westlaw)
This book provides lawyers, judges, policymakers, and sophisticated investors with the tools needed to understand the issues unique to the litigation of securitized mortgages and assets, the direction such litigation will take in the future, and the ever-changing legal and regulatory landscape evolving from the expanding credit crisis.
Understanding the Government Bailout Plan (in print and on Westlaw)
Available in December 2008.
Online (Westlaw)
NEW Financial Crisis Tab on Westlaw
The world financial crisis has gone well beyond housing and subprime mortgage issues. By adding the Financial Crisis tab to your customized Westlaw home page, you put dozens of financial crisis and subprime resources on one convenient screen, giving yourself quick access to key data to keep you current on all aspects of the current financial situation, including:
- Current legal analysis from Andrews and Aspatore
- Pending financial crisis and subprime federal regulations
- Pending financial crisis and subprime federal legislation
- Financial crisis and subprime trial filings
- Portions of the congressional record related to the financial crisis
- And more
Take a closer look – Financial Crisis tab
For assistance in setting up the Westlaw Financial Crisis tab, call 1-800-207-WEST (1-800-207-9378). We are available 24/7.
NEW Financial Crisis Fixed-Rate Plans
Choose the plan that fits your needs – and your budget. Plus, stay up to date on the latest legal developments related to financial crisis with a subscription to our weekly email update, which contains links to articles, cases, trial filings, and more – to help keep you current on this ever-changing topic.
Fixed-rate plans include:
- Financial Crisis Specialist
- Financial Crisis Specialist, with weekly First Focus email update
- Financial Crisis Premier
- Financial Crisis Premier with weekly First Focus email update
- Weekly First Focus email update only
Take a closer look – weekly email update
Seminars
West Legalworks Seminars (available through West LegalEdcenter)
West LegalEdcenter provides online access to the largest library of live and on-demand continuing legal education (CLE) programs, and is continuously updated to ensure that the most current, most relevant programs are available to you. Whatever the challenge, there's a resource ready to strengthen and simplify your day-to-day efforts. It's like having your own virtual mentor!
Click on a practice-area link below to see the latest West Legalworks seminars related to the financial crisis.
(NOTE: seminars listed may be live conferences as well as on-demand webcasts.)
Andrews Publications E-Seminar Series
Andrews Publications' e-seminars bring you high-profile attorneys, judges and experts as speakers to present the latest in specialized litigation topics. Each conference offers continuing legal education credits and is built around the latest information developing in a particular field of law.
Live events are scheduled continuously throughout the year, and all past events are available in an on-demand format via West LegalEdCenter.
(CLE credits available on most programs.)
Some recent e-seminars include:
Derivatives and Bankruptcy: Where Do the Safe Harbors Begin and End
Originally conducted 10/29/2008.
Déjà Vu All Over Again? Legal Issues Arising from the Financial Crisis of 2008
Originally conducted 10/30/2008.