Responding to turmoil in the securities and credit markets following the collapse of the subprime lending industry, Boston-based Burns & Levinson LLP, a full-service law firm, has created a subprime advisory team to advise investors, brokerages, fiduciaries and businesses whose investment portfolios and credit arrangements have been significantly disrupted.
The team is composed of leaders from Burns & Levinson's securities litigation, securities regulation, finance, public finance, bankruptcy and ERISA practices. The firm says this interdepartmental effort allows clients to gain the expertise from a range of attorneys who are mobilizing their collective knowledge and working cooperatively to provide counseling, litigation and regulatory advice to pension plan trustees, corporations, institutional and individual investors, brokerages and others.
‘This group has the ability to provide expert assistance to clients nationally and abroad who are facing finance, securities and bankruptcy issues as a result of market losses and liquidity contractions,’ states Harry S. Miller, co-leader of the subprime team.