Jenner & Block

“Securitization Practices & Related Liability,” New York City Bar CLE program, New York, NY

Jenner & Block Partner Stephen L. Ascher will speak at a New York City Bar CLE program titled, “Financial Institution Liabilities, Risks & Related Insurance Issues,” to be held October 21.

Mr. Ascher will be a panelist in a session titled, “Securitization Practices & Related Liability,” which will cover litigation topics concerning CDOs, credit default swaps, and other instruments that are at the heart of the ongoing credit crisis.

This new program will address risks and liabilities currently facing institutions and the insurance issues raised by these risks, including topics such as lending practices and related liability, insurance of collateral and residual value, corporate management liability and shareholder litigation, bond insurance and credit default swaps, and government enforcement actions and investigations.

Currently, Mr. Ascher is representing several financial institutions in a wide variety of disputes arising out of the ongoing crisis in the credit markets, including: a major financial institution in a dispute concerning billions of dollars of collateralized debt obligations, swaps, and other derivative transactions; the trustee for a bankrupt fund in a well-publicized dispute with its prime broker; and a large mortgage originator in various matters relating to its origination, sale, and securitization of mortgages.

Please click here for program information.