Joseph Cioffi was quoted in an AltFi article, “Supreme Court Rejects Midland Appeal in Major Blow to Marketplace Lenders.”
Joseph Cioffi was quoted in a Structured Credit Investor article, “Madden Uncertainty to Continue.”
Joseph Cioffi offers the following quote to Structured Credit Investor, concerning the Madden v. Midland Funding case, “Not only are marketplace lenders at risk, but so will be the sponsors and other participants in the securitization of marketplace loans to the extent loans are held unenforceable or interest rates are reduced. Experience shows that when cashflows to investors are reduced,...
Joseph Cioffi co-authored a Davis & Gilbert Insolvency Alert titled “U.S. Supreme Court Leaves Marketplace Lenders Exposed to Further Claims Related to Loans They Issue and Securitize.”
Joseph Cioffi was quoted in a Crowdfund Insider article, “Legal Experts Respond to SCOTUS Decision Not to Review Second Circuit Madden vs. Midland Decision.”
Joseph Cioffi co-authored a Davis & Gilbert Insolvency Alert titled “Challenges to Marketplace Lending Structures May Ultimately Impact Securitizations.”
Joseph Cioffi was quoted in a Global Restructuring Review article, “New York Court Dismisses Madoff Trustee’s Fraud Claims Against Investment Funds.”