In The News

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 ...


06.21.16

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

Manatt Practices Recognized in Chambers USA 2016

Manatt has been recognized as a top-ranked law firm by Chambers USA. The rankings highlight ten practices and 25 lawyers in the 2016 list of America’s leading lawyers for business, in addition to being recognized as a noted firm in the areas of Financial Services Regulation: Consumer Finance ...


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.


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 ...


02.17.16

Online Lenders Fear Potential Impact of Scalia's Death

American Banker quoted Manatt's Brian Korn, a partner in the firm's Capital Markets practice, in an article about the banking industry's new fears following Justice Antonin Scalia's unexpected death.American Banker reports that marketplace lenders have been waiting for the court to ...


12.11.15

How San Bernardino Impacts the Lending Industry

The Los Angeles Times interviewed Manatt's Brian Korn, a partner in the firm's Capital Markets practice, for an article on the loan issued by Prosper Marketplace to San Bernardino shooter Syed Rizwan Farook. The loan may have helped the shooters prepare for the assault, and it has prompted ...


12.08.15

No Due Diligence Yet in Online Lending

The Wall Street Journal interviewed Manatt's Brian Korn, a partner in the firm's Capital Markets practice, for an article on the loan taken out by one of the two shooters in the San Bernardino attacks weeks before the shooting.The Wall Street Journal reports that one of the shooters took ...


11.17.15

What's Next for Madden v. Midland?

AltFi News interviewed Manatt's Brian Korn, a partner in the firm's Capital Markets practice, for an article on the next chapter in the Madden v. Midland case.AltFi News reports that the Second Circuit recently rejected the appeal of Midland Funding to overturn a District Court's ruling ...