In light of the rapidly changing coronavirus (COVID-19) situation, Troutman Sanders and Pepper Hamilton have postponed the effective date of their previously announced merger until July 1, 2020. The new firm – Troutman Pepper – will feature 1,100+ attorneys across 23 U.S. offices. Read more.
Presented by Financial Executives Alliance
The Federal Reserve is restarting its Term Asset-Backed Security Loan Facility (TALF) program, which was very successful during the 2008 financial crisis. This program is designed to strengthen the market for asset-backed securities. Through this facility, the Federal Reserve will lend up to nine times the amount an investor group raises through a fund.
This discussion will review:
*Pepper Hamilton set up a number of successful TALF funds during the last crisis in 2008 and is already actively receiving inquiries about how to take advantage of this program during the uncertainty created by the pandemic of 2020.