Articles

  • Oct 30, 2024 | hahnlaw.com | Molly Brown |Joel Cooper |Andrew May

    The tightening in lending standards experienced over the last year is attributable to factors beyond credit quality  of  borrowers  and  lenders’  concentration  in  credit  risk  in  CRE,  namely:  (1)  lenders’  expectation  of deterioration in collateral values for CRE; (2) difficulty in appraising CRE within the same asset classes (due to  varying  returns  and  occupancy  rates);  and  (3)  the  potential  of  the  Federal  Reserve  to  increase  capital standards for large banks further.

  • Oct 3, 2024 | hahnlaw.com | Andrew May |Molly Brown

    Hahn Loeser Partners, Andrew S. May and Molly Z. Brown, completed a complex sale of their client’s investment book to a Midwest-based registered investment advisor firm looking to gain a foothold in the Florida market. In this transaction, May and Brown represented an investment advisor representative (IAR) based in Florida who owned his own book of clients and was departing his existing firm. Their client’s billing book included a nine-figure sum of assets under management.

  • Jul 29, 2024 | hahnlaw.com | Andrew May

    Date: July 29, 2024 Hahn Loeser Partner, Andrew S. May, recently secured a unanimous motion to dismiss in favor of his client in an ongoing arbitration of a FINRA dispute. In this case, May’s client, a registered representative, was involved in an oil & gas offering in 2014 that went sour. None of the customers involved in the oil & gas offering filed complaints against May’s client, but 15 customers filed complaints against the securities firm that had previously employed him.

  • May 13, 2024 | hahnlaw.com | Andrew May

    Hahn Loeser & Parks LLP is proud to announce the addition of Andrew S. May, who joined the Chicago office as a partner in the Firm’s Business Practice Area. May brings over 25 years of experience in serving participants in the securities and futures industries. “We are very excited to welcome Andrew to our team,” remarked Hahn Loeser Business Practice Area Chair Rocco Debitetto. “He brings tremendously valuable experience in all aspects of securities and commodities.

  • Apr 16, 2024 | hahnlaw.com | Molly Brown |Andrew May

    On April 5, 2024, the Securities and Exchange Commission (the “SEC”) obtained a verdict after an eight-day civil jury trial in SEC v. Matthew Panuwat (“SEC v. Panuwat”), in which the SEC alleged shadow insider trading, in violation of the federal securities laws. The SEC’s complaint alleged that Panuwat used highly confidential information of his employer, Medivation, Inc.’s (“Medivation”) upcoming acquisition by Pfizer Inc. (“Pfizer”) to trade ahead of the news for his own enrichment. SEC v.

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