In The News

06.27.16

Lenders Disappointed SCOTUS Won’t Hear Madden Case

American Banker quoted Manatt’s Brian Korn, chair of the firm’s digital finance and marketplace lending practice, for an article about the Supreme Court’s decision not to hear the closely watched Madden vs. Midland Funding marketplace lending case.The lawsuit arose from the sale ...


06.24.16

Marketplace Lenders Face More Regulatory Attention

Lend Academy featured Manatt’s Brian Korn, chair of the firm's digital finance and market lending practice, in a podcast about marketplace lending. When asked about how regulatory framework will change over the next few years, Korn said:“For the marketplace lenders, it’s ...


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

Solicitor General Disagrees With Madden Verdict

Lend Academy interviewed Manatt’s Brian Korn, chair of the firm’s Digital Finance and Marketplace Lending practice, for an article about the Solicitor General’s statement that the Second Circuit made the wrong decision in Madden vs. Midland Funding.“This is a great brief for ...


05.16.16

Crowdfunding Isn’t for Everyone

CFO interviewed Manatt’s Brian Korn, chair of the firm’s Digital Finance and Marketplace Lending practice, for an article about the crowdfunding exemption, Title III of the Jumpstart Our Business Startups Act, that went into effect on May 16. However, industry insiders told CFO that ...


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 ...


03.17.16

New Crowdfunding Regulations: Worth the Risk?

Kiplinger quoted Manatt's Brian Korn, chair of the firm's digital finance and marketplace lending practice, for an article on the risks of equity crowdfunding, often for start-ups. Start-ups that want to raise money from a large number of small investors, rather than primarily from ...


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 ...