In a recent Wall Street Journal article, Friedman Kaplan litigation partner and leader of its LIBOR Transition Task Force Anne Beaumont discussed the impact of the Federal Reserve's decision to abandon a requirement that loans issued under the Main Street Lending Program use the Secured Overnight Financing Rate (SOFR) to set the rate of interest. More

Friedman Kaplan is pleased to announce that the firm has been recognized in the 2020 edition of Chambers USA in its Commercial Litigation and White-Collar Crime and Government Investigations categories. Further, partners Eric Seiler and Edward Friedman are both recognized individually for Commercial Litigation, and partners Eric Corngold, Mary Mulligan, and Ricardo Solano are individually ranked in the White-Collar Crime and Government Investigations category. More

In a recent webinar hosted by the Investment Management Due Diligence Association, litigation partners Anne Beaumont  and Scott Berman discussed key considerations for private fund investors navigating the coronavirus crisis, a summary of which was then published by the Hedge Fund Law Report. More

Friedman Kaplan litigation partner Anne Beaumont was quoted extensively in two articles in ACA Compliance Group’s January 6, 2020 issue of ACA Insight. More

What’s happening right now in the world of LIBOR transition?  Friedman Kaplan’s LIBOR Transition Task Force sees four major themes More

Since Congress passed the landmark Coronavirus Aid, Relief, and Economic Security Act (CARES Act) last week, which is designed to provide financial relief to U.S. individuals and businesses in response to the economic fallout from the coronavirus (COVID-19) pandemic, business owners have rightfully been focused on the “Paycheck Protection Program” included under the CARES Act and how they might benefit from the provision of aid thereunder in the form of $349 billion in loan financing. This article, which is one of a series our firm is authoring in our effort to help individuals and businesses navigate our now rapidly shifting economic and legal landscape, distills the most important aspects of the program. More

On March 23, 2020, the Co-Directors of the Securities and Exchange Commission’s (“SEC”) Division of Enforcement issued a warning highlighting the need for heightened vigilance against insider trading amidst the market volatility caused by the novel coronavirus (COVID-19) pandemic. More

The global pandemic caused by the novel coronavirus (COVID-19) has upended our lives and businesses in ways, and to a degree, that few would have anticipated even a month ago. Most tragically, estimates now project that hundreds of thousands, and perhaps millions, of people will be infected, and the death rate will continue its terrible climb. But even while we mourn the human toll of this global health emergency, we recognize that businesses must reckon with the coronavirus’s devastating blow to “business as usual.”  More