Firm Launches Subprime Lending Response Team

Mayer Brown, a global law firm based in Chicago, has announced the formation of a Subprime Lending Response Team to help clients deal with issues related to the nosedive in the subprime mortgage market.Noting that the subprime mortgage swoon is "reverberating worldwide," with rising regulatory scrutiny in the United States and Europe, the firm said it has "assembled an interdisciplinary team of lawyers from our offices in the U.S., the U.K., and Germany whose practices include securitization, banking, real estate, securities, and litigation." Mayer Brown touted its expertise in the international securitization and collateralized debt obligation markets, financial services regulation, and financial restructuring and bankruptcy. "The Subprime Lending Response Team will enhance the firm's recognized position as the leading legal adviser in these markets by also offering dispute management and regulatory services to clients facing the increased risks of litigation and regulatory inquiry," the firm declared. The law firm can be found online at http://www.mayerbrown.com.