FinTech 2020 and beyond

Part 1: eContracts & Asset Backed Securities

12 February 2020
4:30 PM - 7:30 PM (UTC-05:00)
1251 Avenue of the Americas, 27th Floor
New York, New York
10020
United States of America

Please join us for the first in a series of fintech events designed to help companies navigate the increasingly complex environment at the intersection of financial services, technology and regulation.

Lenders are increasingly using electronic contracts (e-contracts) to originate auto and equipment loans and leases underlying certain US asset-backed securities (ABS). This growing trend brings with it new sources of legal and operational risk. According to Moody's Investors Service’s recently issued Sector In-Depth report, while "traditional paper contracts can face similar risks, their legal framework differs and includes clear, well-established and simple-to-satisfy steps." The Report notes that "e-contracts must meet a number of specific criteria for ABS to maintain a right to payments on the loans and leases and valid liens on the underlying collateral" and discusses how e-contracting and securitization transactions can "mitigate these risks by various means."

Please join us for a discussion of the current market trends, opportunities, and challenges associated with auto and equipment loan and lease ABS, and ways for companies engaging in this business to address and mitigate unique risks including the use electronic vaults to store, maintain and transfer e-contracts and ABS.

We look forward to seeing you.

Speakers

Margo H.K. Tank, Partner, DLA Piper

David L. Ridenour, Partner, DLA Piper

Steve Bisbee, President and Founder, eOriginal

Alan Birnbaum, VP-Senior Analyst, Moody's Investors Service, Inc.

Wednesday, February 12, 2020

Registration 4:30 p.m. – 5:00 p.m.
Program 5:00 p.m. – 6:30 p.m.
Cocktail Reception 6:30 p.m. – 7:30 p.m.

Directions

RSVP by January 30, 2020

For more information

Please contact Ben Goodall with questions.

Due to building security, registration is required for this event. Attendees will be required to provide a photo ID at the building security desk to gain entry to the DLA Piper offices.

MCLE information

DLA Piper LLP (US) has been certified by the State Bar of California, the Board on Continuing Legal Education of the Supreme Court of New Jersey, and the New York State Continuing Legal Education Board as an accredited CLE provider.

The following CLE credit is being sought:

  • California: 1.5 Credits (1.5 General, 0.0 Ethics)
  • New Jersey: 1.8 Credits (1.8 General, 0.0 Professional Responsibility)
  • New York: 1.5 Transitional & Non-Transitional Credits (1.5 Professional Practice, 0.0 Ethics and Professionalism)

CLE credit will be applied for in other states where DLA Piper has an office with the exception of Minnesota, North Carolina, Pennsylvania, and Puerto Rico.