Corporate counsel group to host discussion on subprime lending
The subprime mortgage meltdown is putting a strain on other types of lending for consumers and businesses, according to Donald C. Lampe, a banking and financial services attorney with Womble Carlyle Sandridge & Rice in Charlotte, N.C. He is scheduled to present a program on the topic for the Association of Corporate Counsel Georgia chapter from 11:30 a.m. to 1:30 p.m. Tuesday, May 13 at Maggiano’s Little Italy at Cumberland Mall.
“What you are seeing is a tightening of credit standards across other types of lending,” Lampe said. “Banks are taking a harder look at underwriting standards for all kinds of credit products. Student loans are harder to get. Automobile loans are affected. The financial institutions do not want to be caught short.”
Lampe said he plans to discuss the mortgage crisis and how it developed, plus its ancillary effects and the future.
Shearman eliminates general counsel post By Susan Beck, The American Lawyer
Shearman & Sterling has eliminated the job of its full-time general counsel, John Shutkin. The firm hired Shutkin in 2004 from KPMG International, where he had been general counsel for five years.
InHouse Profile In-house counsel says success is mix of practice, preparation By Katheryn Hayes Tucker, Staff Reporter
Lori J. Shapiro grew up in New Jersey just close enough to New York City to occasionally go see Broadway plays. She also grew up wanting to be a lawyer.
InHouse Profile GC finds job tailor-made for him By Katheryn Hayes Tucker, Staff Reporter
When Harold W. Jordan II's friend called to tell him Morehouse School of Medicine was creating a general counsel position, she told him the job was made for him.
IBM bid suspension rattles contractors By Jeff Horwitz, Legal Times
It was 86 degrees and sunny in Sarasota, Fla., on March 31, but Richard Bednar might as well have still been in overcast Washington. The Crowell & Moring senior counsel was at the National Defense Industrial Association's annual educational conference, but he couldn't seem to get away from his phone.
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