In The News

06.21.16

Online Lenders Offer Bonds Backed by Personal Loans

The International Financing Review quoted Manatt’s Brian Korn, chair of the firm’s digital finance and marketplace lending practice, for an article about an online lender’s successful debut rated bond issue backed by personal loans. “Having an investment in the loans, and ...


05.27.16

Solicitor General Disagrees With Madden Verdict

Lend Academy interviewed Manatt’s Brian Korn, chair of the firm’s Digital Finance and Marketplace Lending practice, for an article about the Solicitor General’s statement that the Second Circuit made the wrong decision in Madden vs. Midland Funding.“This is a great brief for ...


05.16.16

Crowdfunding Isn’t for Everyone

CFO interviewed Manatt’s Brian Korn, chair of the firm’s Digital Finance and Marketplace Lending practice, for an article about the crowdfunding exemption, Title III of the Jumpstart Our Business Startups Act, that went into effect on May 16. However, industry insiders told CFO that ...


04.25.16

Goldman Sachs Begins Online Lending Efforts

The Financial Times interviewed Manatt's Brian Korn, a partner in the firm's Capital Markets practice, for an article about Goldman Sachs partner Harit Talwar's venture into online lending. The effort, known internally as "Mosaic," has driven a series of high-level hires from ...


04.25.16

Gottlieb Joins Financial Services Litigation Practice

Manatt announced that preeminent consumer financial services lawyer Richard E. Gottlieb has joined the firm's Los Angeles office as a litigation and government enforcement partner in its multidisciplinary Financial Services practice.


04.20.16

Dismissal of IM Trade Dispute Against Seaport Secured

HFMWeek covered Manatt’s trial victory on behalf of Seaport Group Securities, for which the firm secured the dismissal of an alleged breach of contract brought by Luxor Capital over a trade discussed via instant message. A New York judge dismissed Luxor’s claims that instant messages ...


03.05.16

Did Marketplace Lending Grow Too Quickly?

American Banker interviewed Brian Korn, chair of the firm’s Capital Markets practice, for an article about Prosper, a marketplace lending company that is in the process of laying off 22% of its workforce.   “They're built to scale,” said Korn. “If scaling is being ...


02.17.16

Online Lenders Fear Potential Impact of Scalia's Death

American Banker quoted Manatt's Brian Korn, a partner in the firm's Capital Markets practice, in an article about the banking industry's new fears following Justice Antonin Scalia's unexpected death.American Banker reports that marketplace lenders have been waiting for the court to ...


01.25.16

Manatt Receives M&A Advisor Turnaround Award

The M&A Advisor has named Manatt the winner of its Restructuring Deal of the Year ($100M-$250M) Award, one of the organization's 2016 Turnaround Awards, for the firm's representation of Finance and Thrift Company (F&T) in its reverse merger into Pan American Bank. Manatt's ...


01.25.16

Bay Area Offices and Pro Bono Director Honored

The Lawyers' Committee for Civil Rights of the San Francisco Bay Area has selected Manatt's San Francisco and Silicon Valley offices, as well as Partner & Director of Pro Bono Services Scot Fishman, to receive its 2016 James T. Caleshu Award for the firm's outstanding work to ...