Our panel of experts from Hogan Lovells presented this exciting training program on cybersecurity legal risks and associated best practices. The presentation was based on a case study that follows a significant cybersecurity incident suffered by a fictional global organization. Presented by Jasmeet K. Ahuja, Counsel, Hogan Lovells - Philadelphia & New York, Peter M. Marta, Partner, Hogan Lovells - New York and ​​​​Michael C. Williams, Partner, Hogan Lovells - Washington, D.C.

This program covered the work required to support third party legal opinions given in real estate and non-real estate financings that involve limited liability companies and the "up the chain" diligence that typically may be performed. Presented by Andrew J. Bettwy, Partner, Proskauer Rose LLP, Kimberly A. Desmarais, Partner, Jones Day and David L. Miller, Senior Counsel, Northern Virginia, Pillsbury Winthrop Shaw Pittman LLP. Presentation and replay now available for LSTA Members.

What does the rule say?, What have we learned and how do we stay safe? Loans as securities: Is it really over? Presented by Lara Samet Buchwald, Partner, Davis Polk & Wardwell LLP, James A. Florack, Partner, Davis Polk & Wardwell LLP and Elliot Ganz, Head of Advocacy & Co-Head, Policy, LSTA. Presentation and replay now available for LSTA Members.

Over the last several years, managers of directly originated and negotiated loans have flocked to business development companies, or BDCs, as their main investment vehicle of choice. We have assembled a group of industry leaders in the BDC space who gave us a primer on BDCs, followed by a deep dive into the world of BDCs. Presented by Bill Bielefeld, Partner, Dechert LLP, Larry Herman, Managing Director, Raymond James Investment Banking, Elizabeth Murray, CFO, Barings BDC, Inc., Barings Private Credit Corporation and Barings Capital Investment Corporation, Harry S. Pangas, Partner, Dechert LLP, Eyal Seinfeld, Partner/Principal, Ernst & Young LLP and Tess Virmani, Deputy General Counsel, Co-Head - Policy, LSTA. Presentation and replay now available for LSTA Members.

What does the rule say? How will the rule change SPAC Practice. Presented by Derek Dostal, Partner, Capital Markets, Davis Polk & Wardwell LLP, Christian Nagler, Partner, Capital Markets, Kirkland & Ellis LLP and Joel Rubenstein, Partner, Capital Markets, White & Case LLP. Presentation and replay now available for LSTA Members.

On November 27, 2023, the U.S. Securities and Exchange Commission issued a final rule that restricts securitization participants with respect to an asset-backed security (ABS) from engaging in conflicted transactions with respect to the ABS until the one-year anniversary of the first closing of the sale of the ABS. This webinar examined the implications of this rule for CLOs. Presented by Joseph (Giles) Kelly and Eno M. Usoro, Partners at Sidley Austin LLP. Presentation and replay are now available for LSTA Members.

Financial transparency has been a concern of law enforcement and regulators for decades. To address this, Congress enacted the Corporate Transparency Act as part of the Anti-Money Laundering Act of 2020. Presented by Daniel Stipano, Partner at Davis Polk & Wardwell LLP. Presentation and replay now available for LSTA Members.

On November 3, 2023, the Financial Stability Oversight Council (“FSOC”) finalized new procedural guidance for its use of one of its most consequential authorities:  its ability to designate nonbank financial companies as “systemically important financial institutions” (“nonbank SIFIs”).  Designation as a nonbank SIFI subjects a nonbank company to Federal Reserve supervision and prudential standards. This new guidance replaces guidance that FSOC issued in 2019—and makes it significantly easier for FSOC to designate companies as nonbank SIFIs. The webinar provided an update on FSOC, including insights and reflections on the new guidance and its potential practical effects and implications for LSTA members and the market generally. Presented by Jeffrey T. Dinwoodie and Matthew M. Kelly, both Partners at Cravath, Swaine & Moore LLP. Presentation and replay now available for members to download.

This interactive program used hypotheticals to address the most basic question preceding any conflicts (and many other ethics and privilege) analyses: who is your client?  After discussing client identity when representing the government, partnerships, associations, insureds, estates and bond deal participants, the program focuses on client identity in the corporate context.  Among other things, the program addressed client identity within the corporate entity, within a corporate family, during corporate stock and asset sale transactions, and when dealing with corporate employees. Presented by Thomas E. Spahn, Counsel at McGuireWoods. Presentation and replay now available for LSTA Members.