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    Course Information

6310  Acquisitions in the Financial Services Industry


No cost or obligation  
Course Length    54  minutes
Course Price    $ 119.00

Volume discounts and subscriptions are available; for more information, contact Cognistar Sales.

    Accreditation Information


Click on jurisdiction below for more details.
>>  0.90  credit    DE
>>  1.00  credit    CA  CO  NJ  NY  RI  VA  WV

    About the Instructor(s)


  Nicholas Demmo
Wachtell, Lipton, Rosen & Katz

Nicholas G. Demmo joined Wachtell, Lipton, Rosen & Katz in 1997 and was elected partner in 2004. Mr. Demmo specializes in mergers and acquisitions of banks and other financial institutions, and has a broad range of experience in complex corporate, securities, regulatory and compliance matters. Mr. Demmo has worked on numerous public and private company acquisitions, corporate control contests, securities offerings, corporate governance matters and joint venture transactions.

Mr. Demmo received his B.A. in economics from Yale University in 1993 and his J.D. from the University of Pennsylvania in 1996.



  Huntley Garriott
Goldman Sachs

M. Huntley Garriott, Jr. was made a managing director at Goldman Sachs in 2007. He graduated from the University of Virginia in 1998 with degrees in economics and mathematics.



  Mark Menting
Sullivan & Cromwell LLP

Mark J. Menting is a partner in Sullivan & Cromwell’s Mergers & Acquisitions and Financial Institutions groups. He became a partner on January 1, 1994. He is listed in Chambers USA as one of America’s Leading Lawyers for Business.

He specializes in mergers and acquisitions, securities, and corporate and regulatory matters for U.S. and non-U.S. financial institutions and has broad experience in general corporate and securities law matters. Mr. Menting regularly advises on mergers and acquisitions in the financial services industry. He also regularly advises on U.S. securities offerings by banks and their holding companies and is a frequent speaker on various topics for financial institutions.

Mr. Menting recieved his J.D in 1983 from the University of Pennsylvania Law School and his B.S. in 1979 from the University of Wisconsin.



  Lee Meyerson
Simpson Thacher & Bartlett LLP

Lee A. Meyerson is a senior corporate partner at Simpson Thacher & Bartlett LLP, specializing in mergers and acquisitions and in capital markets transactions for financial institutions. In addition, he has participated in the most significant private equity investments in the banking industry over the past several years. Mr. Meyerson’s capital markets practice includes IPOs and a broad range of debt, equity and hybrid capital securities offerings for banks, thrifts, insurance companies and other financial services companies.

Mr. Meyerson has been ranked as one of the leading M&A and banking lawyers in the United States and is a frequent speaker and author on issues concerning the financial services industry.

Mr. Meyerson recieved his J.D. from New York University School of Law in 1981. He recieved his A.B. from Duke University in 1977.



  William Sweet
Skadden, Arps, Slate, Meagher & Flom LLP

William J. Sweet, Jr. is a partner in the Washington, D.C. office of Skadden, Arps, Slate, Meagher & Flom LLP. He concentrates in financial institution merger and acquisition, regulatory and enforcement matters. Prior to joining the firm, Mr. Sweet was a staff attorney with the Federal Reserve Board, where he handled bank holding company regulatory, litigation and enforcement matters.

Mr. Sweet represents U.S. and non-U.S. banks, thrifts, insurance, securities and investment companies in connection with the acquisition of banks, savings and loan associations, savings banks, investment managers, securities firms, mutual fund complexes, credit card issuers and other financial institutions. Mr. Sweet also has counseled numerous U.S. and non-U.S. banking and investment banking clients engaged in various joint ventures. In addition, he has represented clients in matters relating to the subprime lending industry.

Mr. Sweet also writes on banking issues and appears frequently at seminars on financial institution mergers and acquisitions, regulatory issues and enforcement matters.

He received his J.D. from Georgetown University Law Center in 1978 and his B.A. from Bucknell University in 1974.



    Outline + Synopsis

Outline Synopsis
Acquisitions in the Financial Services Industry
    I. Recent Developments
        A. Expect the Unexpected
        B. Congressional Actions
        C. Credit-Driven Difficulties
        D. The Impact of Capital
        E. Accounting Issues
        F. Market Consequences
    II. Shifts in the Banking Industry
        A. Bank Holding Company Act
        B. Controlling Interest
        C. The Private Equity Industry
    III. Looking to the Future
        A. Consolidation
        B. The Shift in Investments
    AfterWords®


This course reviews a variety of different transactions not usually seen within the financial services industry. The panel discusses the recently issued Federal Reserve Board policy statement on noncontrolling equity stakes in banks and bank holding companies and the recent wave of private equity investments within the banking sector.

The panelists outline the effect of the enactments of the Housing and Economic Recovery Act of 2008 and the Emergency Economic Stabilization Act of 2008 and how credit-driven difficulties have affected the financial services industry.




    Content Provided By

 

The Penn State Dickinson School of Law

Founded in 1834 by Judge John Reed, The Dickinson School of Law is the oldest law school in Pennsylvania and the fifth oldest in the nation. Throughout its history, the law school has trained distinguished graduates who have gone on to become leaders of the bar, of the judiciary, of government, and of business. These alumni include the first secretary of the U.S. Department of Homeland Security, five governors, three U.S. senators, and more than 100 federal, state and county judges and countless prominent lawyers and civic leaders. In 2000, the law school merged with Penn State, one of the country’s premier research universities, and stepped into a new era of legal excellence.

Penn State Dickinson School of Law Center for the Study of Mergers and Acquisitions

The center, headed by Samuel C. Thompson Jr., former director of the UCLA Center for the Study of Mergers and Acquisitions, examines corporate, securities, tax, antitrust, and other legal and economic issues that arise in mergers and acquisitions. An important part of the center’s mission is to sponsor continuing legal education programs addressing these issues.

The Association of the Bar of the City of New York

The years following the Civil War were tumultuous ones for New York City, offering many opportunities to the dishonest. Unsavory politicians and errant members of the bench and bar were among those who took advantage of those troubled times. In December 1869, a letter was circulated among some of the city’s lawyers addressing those improprieties. It called for the creation of a new bar association to “sustain the profession in its proper position in the community, and thereby enable it ... to promote the interests of the public ....” More than 200 lawyers responded by signing a declaration of organization and in 1870 The Association of the Bar of the City of New York was born. The young organization quickly made its presence felt. Among its first activities was a campaign to defeat corrupt politicians and judges at the polls and to establish standards of conduct for those in the legal profession.

The association continues to work at political, legal and social reform, and maintaining high ethical standards for the legal profession. The association also continues to implement innovative means by which the disadvantaged may be helped. Much of this work is accomplished through the Association's more than 160 committees, each charged to consider a specific area of law or the profession.

The association has grown to more than 23,000 members. To serve them, the association strives to move ahead in many areas. The library is the largest member-funded law library in the country, and provides members with a “gateway” to online services, including free use of LexisNexis and WestLaw, while continuing to provide more traditional library services. The Small Law Firm Center, Career Management Program and other benefits are constantly evolving to serve members’ needs. More than 150 continuing legal education programs are presented annually.

The public good remains one of the association’s highest priorities. The Legal Referral Service, jointly sponsored by the association and the New York County Lawyers’ Association, provides an array of services directly aimed at serving the needs of the public. The City Bar Justice Center identifies the most pressing legal concerns of New York’s neediest and uses novel approaches to address them, often involving community participation.




    Purchase course

6310  Acquisitions in the Financial Services Industry

Course Price     $ 119.00


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