The current economic environment has created a myriad of challenges for the financial services industry. What began as a subprime mortgage crisis has evolved into a mortgage "meltdown", potentially affecting the performance of many types of mortgages, as well as residential, construction, and commercial real estate loans. The resulting decline in credit quality has adversely impacted many financial institutions’ liquidity and capital levels, leading to a variety of regulatory enforcement actions and a wide range of litigation.

With an unparalleled presence in the public policy arena, and a deep understanding of business and financial markets, Patton Boggs is uniquely positioned to assist clients in the financial services industry as they face these new obstacles. Nationally recognized as a premier provider of legal representation to financial sector businesses throughout the United States, for decades we have provided strategic counsel to commercial and investment banks, insurance companies, broker-dealers, and other capital markets participants, including investment funds such as hedge funds and private equity funds.

Our attorneys are known for their skill in assessing how actions on Capitol Hill will affect companies on Main Street and Wall Street seeking to compete and succeed in the ever-evolving financial services market. We have assisted clients in connection with virtually every major tax bill since 1984, and routinely represent our clients before federal departments and agencies including the Department of the Treasury, the Internal Revenue Service, and the Securities and Exchange Commission in a variety of matters. As such, we have an extensive background in matters relating to the regulation and taxation of financial products, including over-the-counter derivatives such as interest rate swaps, credit derivatives and equity derivatives, and a broad range of insurance products.

From tax and bankruptcy issues to work-outs, litigation, and public policy, Patton Boggs will remain an invaluable ally for clients in the financial services industry, whether the markets are healthy or in turmoil.

Visit our Capital Markets web site for more information:  www.pattonboggscapitalmarkets.com