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Law firm Mintz, Levin, Cohn, Ferris, Glovsky and Popeo said last week it would form a subprime practice group in response to increasing demand from clients seeking legal guidance on the complexities associated with the collapse of the subprime lending market.
More than two dozen attorneys across multiple offices and practice areas, including litigation, securities, bankruptcy and restructuring, structured finance, governmental investigations, insurance coverage, white collar crime and real estate, formed the group.
Jeremy Hayden, a San Diego attorney in the firm’s corporate practice, said Mintz Levin has already seen growing demand from businesses and individuals seeking legal advice on subprime lending issues. “We anticipate, like a lot of others, this subprime crisis is only going to continue,” he said.
Mintz attorneys said potential clients might include: market participants responding to investigations by governmental authorities; insurers responding to claims against directors and officers under D
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