Financial Times FT.com

Resources

Latham & Watkins logo
Latham & Watkins

US Financial Crisis and the downturn 2009 (2)

View full ranking
Choose from rankings list
Rankings at a glance
Award levelCommended
InnovationResolving the mortgage meltdown through litigation
Originality5
Rationale6
Impact6
Total17
DescriptionThe firm defended Impac Mortgage Holdings from allegations of misrepresenting the risks of their real estate subprime loans to investors. Encouraged the US courts to strictly interpret the law and set a precedent which is being referred to in subsequent cases

US Financial Crisis and the downturn 2009

View full ranking
Choose from rankings list Prev
Rankings at a glance
Award levelCommended
InnovationLeonard Green's Private Investment in Public Equity in Whole Foods
Originality6
Rationale6
Impact6
Total18
DescriptionAgainst backdrop of difficult credit markets, the firm advised the private equity house on highly complex structured investments. Set in place a new standard of long-term PIPE investments to feed private equity funding towards struggling businesses