Credit Market Distress Monthly Teleconference Series

Wednesday, July 9, 2008
11:00 am - 11:30 am EDT

Join us for the next in Mayer Brown's teleconference series focusing on the business impact and legal challenges stemming from the credit market disruptions that continue to propagate throughout the financial system and market.ÿ These 30-minute monthly briefings are designed to give you a legal update on the current issues facing corporate America including potential new regulations, pending and potential SEC enforcement and litigation matters, bankruptcies, corporate dealings and financial implications. Members from across Mayer Brown's interdisciplinary Credit Market Distress Team will provide insight on these wide-ranging ramifications stemming from the current economic environment.

According to the International Swaps and Derivatives Association , the Credit Default Swaps (CDS) market has exploded beyond $65 trillion over the past decade. The current credit crisis is having a major impact on the CDS market as insurers are being been forced to write down the value of their CDS portfolios and monoline insurance companies are scrambling to raise capital to cover possible defaults and to prevent a downgrade from the ratings agencies. The recent credit market turmoil has also raised speculation that this largely unregulated market could become the source of systemic risk.

Join us as this month's teleconference focuses on selected exposure and restructuring issues affecting CDS. Topics to be covered include:

  • Market overview
  • Ramifications of defaults and bankruptcy and restructuring
  • Special regulatory issues (including the recent New York Department of Insurance
    regulation relating to CDS)
  • Recent litigation developments and potential risks
Register >>

For additional information, please contact:

Jean Shim at or +1 202 263 3885.
Somer McBride at or +1 202 263 3015.