"...your average $3-to-4 billion CLO manager doesn't have the resources to be able to participate in the new market, so you are going to see an ongoing consolidation"
Joe Moroney, Apollo Capital Management, Total Securitization, August 19, 2010

With over 100 CDOs having a change of manager so far this year and more likely in the aftermath of the Dodd-Frank requirements for registration and increased oversight, join us for our next GFMI teleconference for a discussion of the material legal aspects of these transactions, led by our partners, Ed Davis, Paul Forrester and Stephanie Monaco, who have been involved in several such transactions.

Listen to audio recording >> (Listening to the recording will require a brief registration.)

Of Related Interest

SEC Adopts Amendments to its Investment Adviser Registration Form
Legal Update

Massive Whistleblower Incentives Included in New Wall Street Reform Law
Legal Update

The Dodd-Frank Wall Street Reform and Consumer Protection Act
Legal Update

Recent Teleconferences

The Application of the Foreign Account Tax Compliance Act ("FATCA") to CDOs and Other Offshore Investment Vehicles
Teleconference recording: 8/12/2010

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.