Understanding the differences between receivership and bankruptcy is crucial for businesses facing financial distress. A receivership involves the appointment of an independent third party by a court to manage and preserve a business’s assets, primarily to maximize the value of
The Treasury Department has taken initial steps to implement the Trump administration’s “total elimination” policy directed at certain drug trafficking cartels. Most recently, on May 1, Treasury’s Financial Crimes Enforcement Network (FinCEN) issued an alert advising about a rising trend
On April 10, the Securities and Exchange Commission’s (SEC) Division of Corporation Finance (the Division) issued a statement aimed at providing greater clarity on the application of federal securities laws to crypto assets. These offerings may involve equity or debt
Wednesday April 30, 2025 at 2:00 p.m.Washington, D.C.
We are excited to announce that Alex Barrage will be a panelist at the IPA Innovative Payments Conference in Washington, DC, at 2:00 p.m. on Wednesday, April 30, 2025. “The Future of
For companies in financial distress, retaining key employees during a Chapter 11 restructuring can be crucial for success. Key Employee Retention Plans (KERPs) and Key Employee Incentive Plans (KEIPs) are tools used to incentivize employees to stay and perform. KERPs
In the Spotlight
Troutman Pepper Locke’s Securities Investigations + Enforcement Practice
Our Securities Investigations + Enforcement practice has expanded significantly due to our recent merger, enhancing our capabilities nationwide, including in our San Francisco, Dallas, and New York offices. We
James Stevens, co-leader of Troutman Pepper Locke’s Financial Services Industry Group, was quoted in the April 11, 2025 The Financial Brand article, “They’re Back: Fintech Banking Is Suddenly Advancing on Multiple Fronts.”
As written, “it’s a very limited
James Stevens, co-leader of Troutman Pepper Locke’s Financial Services Industry Group, was quoted in the April 10, 2025 S&P Global Market Intelligence article, “Speedier US Bank Deal Closings Forthcoming as Regulators Give Faster Sign-offs.”
On April 8, the Office of the Comptroller of the Currency (OCC) officially notified Congress of a significant information security incident involving its email system. This notification, mandated by the Federal Information Security Modernization Act, follows the discovery of unauthorized
Structured dismissals have emerged as a viable alternative for Chapter 11 debtors seeking to exit bankruptcy without the high costs and complexities associated with confirming a Chapter 11 plan or converting to Chapter 7. This approach is particularly useful when