The current financial environment provides an ideal climate for outside investments in financial institutions. Federally-insured banks are failing almost every week, and federal regulators are requiring banks to increase their capital holdings. This environment and the potential for a high rate of return are attracting activist investors to banks. In some cases, outside investors are friendly to management; in other instances, investors have their own plans that may be adverse to the interests of current directors and bank management.
Join us as we examine the key legislative and regulatory issues involved in investing in financial institutions, and how the rules change when the target institution is a failed bank. Our panel also will examine the litigation strategies that investors have employed when launching an activist shareholder campaign, as well as defenses that bank management should consider when defending against such a campaign. Our experienced speakers also will look at some of the current financial factors that investors should consider in determining whether to invest in a target bank.
November 16, 2009
12:00 - 2:00 p.m.
Pepper Hamilton LLP
3000 Two Logan Square
Eighteenth and Arch Streets
Philadelphia, PA 19103
Speakers
Timothy R. McTaggart, Partner, Pepper Hamilton LLP
Frank A. Mayer, III, Partner, Pepper Hamilton LLP
Angelo A. Stio, III, Partner, Pepper Hamilton LLP
Travis P. Nelson, Associate, Pepper Hamilton LLP
Charles K. Hull, Managing Director, Boenning & Scattergood, Inc.
Lee Calfo, Portfolio Manager, 1914 Advisors, a division of Boenning & Scattergood, Inc.
To register for this event, visit https://www.regonline.com/financialinstitutions.
Contact Kim MacAlister at macalisterk@pepperlaw.com or 215.981.4249 with any questions.
