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Litigation Risk Management Series: U.S. Banking Laws in Transition -- From Identifying Material Changes to Avoiding Material Risks


Product Code - LGAU02
Speaker(s): Kevin L. Petrasic, Paul Hastings Janofsky and Walker LLP; Erica Berg Brennan, Paul Hastings Janofsky and Walker LLP; Helen Y. Lee, Paul Hastings Janofsky and Walker LLP; Mark Poerio, Paul Hastings Janofsky and Walker LLP
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From the 2008 financial crisis, through the Dodd-Frank Act, and into today's maze of regulatory changes, the U.S. banking laws have been wildly in flux. This has created unprecedented challenges for those responsible for a host of issues ranging from basic banking operations to payment and compensation structures. Our panel will single out the greatest risks and best precautionary measures.

 

Educational Objectives:

 
• Update on the critical 2011 developments relating to the Dodd-Frank Act.

• Operational, structural, and transactional risks arising under changed banking laws and heightened regulation.

• Living Wills -- domestic and international challenges; scope and coverage; protecting sensitive information; gauging counter-party risks and impact.

• Impact of the new Consumer Financial Protection Bureau on litigation risk.

• Incentive Compensation -- from heightened safety and soundness standards to improved designs, to protecting directors from new personal liability risks.

Kevin L. Petrasic, Paul Hastings Janofsky and Walker LLP; Erica Berg Brennan, Paul Hastings Janofsky and Walker LLP; Helen Y. Lee, Paul Hastings Janofsky and Walker LLP; Mark Poerio, Paul Hastings Janofsky and Walker LLP

Kevin L. Petrasic / Paul Hastings LLP
Mr. Petrasic is a Partner in the firm's Global Banking practice, resident in the Washington, D.C. office. He advises banks and financial services firms on a wide array of regulatory, legislative, transactional and compliance issues. His practice area includes Dodd-Frank compliance, bank/thrift and holding company regulation, credit card and consumer financial compliance laws, UDAP issues, privacy and data breach, compliance laws impacting payments systems, mergers and acquisitions and other specialized transactions, bank/thrift powers and activities, legislative matters and analysis, mortgage market regulation, and corporate governance.

Mr. Petrasic is a regular speaker at financial services industry conferences and seminars, appears on various news shows, including Bloomberg Television, Al Jazeera English Television, and The Street.com TV and is a frequent source for numerous financial publications, including The Wall Street Journal, Financial Times, Bloomberg News, Reuters News Service, BNA Banking Report, BNA Real Estate Report, the American Banker and various other national news and financial publications. He earned a J.D. from The Columbus School of Law and a joint Bachelors degree in Economics and Political Science from the University of Delaware. He is a member of the District of Columbia, Maryland, Federal and American Bar Associations and serves on the Executive Council of the Banking Law Committee of the Federal Bar Association.

Mark Poerio / Paul Hastings LLP
Mark Poerio is a partner in the Employment Law Department in the Washington D.C. office of Paul Hastings, and is a member of the American College of Employee Benefit Counsel. For 25 years, Mr. Poerio has been in private practice with a focus on executive compensation and employee benefit matters, especially from a business, governance, tax, and securities perspective. He works regularly and globally with every Paul Hastings office, and has significant pro bono representations relating to not-for-profit governance, executive compensation, and tax matters. Mr. Poerio is also an adjunct professor with the Georgetown Law School, where he designed and teaches both “Executive Pay and Loyalty” and “The Business and Securities Aspects of Executive Compensation”.

Erica Berg Brennan / Paul Hastings LLP
Ms. Brennan is of counsel in the Corporate practice of the firm’s Atlanta office. She focuses her practice on financial service clients, representing such clients in various corporate transactions and consulting clients with respect to corporate governance and regulatory compliance. She also has experience working with financial institutions and other companies in payment system matters involving money transmission, stored value cards and ACH transactions.

In 2010, Ms. Brennan was named a Georgia Super Lawyer, Rising Star in Atlanta Magazine. She earned a B.S., with distinction, from the University of Virginia, McIntire School of Commerce, in 1994 with an accounting concentration and a J.D. in 2000 from the University of Virginia School of Law, during which time she was a teaching assistant in commercial law at the McIntire School.

Helen Y. Lee / Paul Hastings LLP
Ms. Lee is an associate in the Paul Hastings Global Banking Group, resident in the Washington, D.C., office. Her practice encompasses both securities and bank regulatory matters involving banking institutions. Her experience includes assisting both foreign and domestic banking institutions with a broad range of issues involving federal and state banking laws, as well as the federal securities laws for publicly traded U.S. holding companies of banking institutions.

Ms. Lee earned a J.D. in 2008 from The George Washington University Law School, where she was a founding member of The GW Banking Law Society and a B.A. in Politics, cum laude, from New York University in 2004.