In The News

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 ...


12.08.15

No Due Diligence Yet in Online Lending

The Wall Street Journal interviewed Manatt's Brian Korn, a partner in the firm's Capital Markets practice, for an article on the loan taken out by one of the two shooters in the San Bernardino attacks weeks before the shooting.The Wall Street Journal reports that one of the shooters took ...


11.17.15

What's Next for Madden v. Midland?

AltFi News interviewed Manatt's Brian Korn, a partner in the firm's Capital Markets practice, for an article on the next chapter in the Madden v. Midland case.AltFi News reports that the Second Circuit recently rejected the appeal of Midland Funding to overturn a District Court's ruling ...


11.12.15

Changes to Come if Supreme Court Rules in Madden

Lend Academy interviewed Manatt's Brian Korn, a partner in the firm's Capital Markets practice, for a special Q&A-style article on an important case for marketplace lending that may be heard at the U.S. Supreme Court.Lend Academy reports that Madden v. Midland Funding could have a major ...


10.27.15

SEC Set to Finalize Crowdfunding Rules

Law360 interviewed Manatt's Brian Korn, a partner in the firm's Capital Markets practice, for an article on the long-awaited rules that the U.S. Securities and Exchange Commission is set to finalize, allowing small companies to raise money through crowdfunding.Law360 reports that attorneys ...


08.24.15

Using Reg A+ as a Vehicle to Raise Debt

Crowdfund Insider interviewed Manatt's Brian Korn, a partner in the firm's Capital Markets practice, for an article on Regulation A+ as a vehicle to raise debt. A reincarnation of Regulation A, Regulation A+ created two different funding tiers that allows non-accredited investors access to ...