On Wednesday, May 3, Joseph Cioffi and Christine DeVito, with featured guests Gunes Kulaligil and Manny Malbari, Managing Directors/Co-Leaders of the Structured Finance Practice at Stout, held an in-person session, "Who’s Next? Identifying Vulnerabilities in the Banking System, Managing Risks and Maximizing Opportunities for Banks and Investors."
If another bank fails, there are no guarantees the FDIC will take the extraordinary steps it did to protect Silicon Valley Bank’s depositors. Understanding where danger lurks in the system and best practices to navigate cash management and legal risks will be critical as uncertainty persists.
Joseph Cioffi was quoted in a Banking Dive article, "Regulators Backstop SVB Deposits, Launch Emergency Lending Facility."
Joseph Cioffi was quoted in a Law.com's Corporate Counsel article, "SVB's Failure May Constrict Flow of Capital to Some Startups."
Joseph Cioffi was quoted in The American Lawyer article, "Signature Bank’s Failure Prompts Alarm Bells for Law Firms."
Joseph Cioffi was quoted in an SCI article, "Lightning Rod?," regarding the CFPB's suit against subprime auto lender, Credit Acceptance Corporation.
Joseph Cioffi was quoted in an American Banker article "CFPB Lawsuit Seen as Warning Shot to Subprime Auto Lenders."
