In The News

07.13.16

Congress Seeks Education Before Marketplace Lending Regulation

Crowdfund Insider interviewed Manatt’s Brian Korn, chair of the firm’s digital finance and marketplace lending practice, for an article about the subcommittee on Financial Institutions and Consumer Credit’s educational hearing on Fintech and Marketplace Lending.“There ...


06.28.16

Repairing a Reputation After Borrowing Scandal

The Financial Times quoted Manatt’s Brian Korn, chair of the firm’s digital finance and marketplace lending practice, for an article about fintech company Lending Club’s attempts to restructure. The restructure comes after Lending Club’s founder abruptly departed the ...


06.24.16

Marketplace Lenders Face More Regulatory Attention

Lend Academy featured Manatt’s Brian Korn, chair of the firm's digital finance and market lending practice, in a podcast about marketplace lending. When asked about how regulatory framework will change over the next few years, Korn said:“For the marketplace lenders, it’s ...


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 ...