On September 15, 2009, the IRS and the Department of the Treasury issued new and updated tax guidelines relating to CMBS and Real Estate Mortgage Investment Conduits (REMIC). Please join Mayer Brown partners Jeffrey Cantrell and Robert Gordon for our next 30-minute teleconference where they will summarize and discuss these provisions and the associated business implications.

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Mayer Brown's Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm's global resources from multiple practices and offices, the Initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.

Visit Mayer Brown's Financial Market Distress - Resources site for a compilation of links to the latest documents issued by regulatory and other governmental agencies worldwide, and additional commentary by Mayer Brown. Please bookmark it and check back often to stay informed on this rapidly evolving situation.