Foley Partners Matthew Breuer and David Cook authored an article titled “FDIC Adopts Rules to Attract Private Equity Purchasers of Failed Banks” in the September 21, 2009 issue of Real Estate Finance & Investment. The authors discuss the new rules created by the Federal Deposit Insurance Corp. in order to encourage private equity firms to buy failed banks, noting that the FDIC is looking for non-bank investors to help defray the costs related to bank failures. They add that the FDIC’s willingness to adopt weaker private equity investment rules could spell opportunity for investors who are willing to operate by the new rules.
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15 November 2024
Events
Chevron’s Demise and its Impact on Health Care
Foley partner Judy Waltz, co-chair of Foley’s Health Care Practice Group, is speaking in the California Society for Healthcare Attorneys’ 2024 Fall Seminar in a panel titled “Chevron’s Demise and its Impact on Health Care” on November 15.
12 November 2024
Events
2024 NAM Manufacturing Legal Summit
The National Association of Manufacturers will be hosting its third annual Manufacturing Legal Summit on November 12-13 in Washington D.C at the Willard InterContinental. The conference is for manufacturing lawyers addressing the latest pressing challenges across the legal regulatory landscape.
19 September 2024
Viewpoints
SEC’s Focus on Whistleblower Protection Practices Continues
On September 9, 2024, the U.S. Securities and Exchange Commission announced that it settled charges against seven public companies for alleged violations of Securities Exchange Act Rule 21F-17.