Answers in the short run. Vision for the long haul.

Bridging & Commercial (B&C) quoted Private Credit Partner Peter Englund, London, in a story about online SME lender Capify securing a credit facility worth over £100m from Pollen Street Capital. The deal involves a refinancing of a line originally provided by Goldman Sachs.

The Supreme Court was busy last week issuing opinions of interest to consumer finance companies, CFPB-regulated entities, and anyone who finds themselves enforcing arbitration rights in court. First, on May 16, the Supreme Court rendered its long-awaited decision in Consumer Financial Protection Bureau v. Community Financial Services Association of America, Ltd. The Court affirmed the legality of the CFPB's funding structure in a 7-2 decision written by Justice Thomas.

Katten's Intellectual Property team secured the dismissal of patent docketing contractor CPA Global Support Services from a neurosurgeon's lawsuit claiming that our client provided him with "the wrong deadline date" to register his ideas for the protection of patents anywhere else in the world besides the United States, as reported by Law360.

On April 23, the Department of Labor (DOL) released a final rule raising the salary thresholds for certain overtime exemptions under the federal Fair Labor Standards Act (FLSA). Partners Julie Gottshall and Janet Widmaier explore key takeaways, next steps and considerations for employers.

On April 15, the DOJ publicly released a memorandum fleshing out its previously announced corporate whistleblower program, which is intended to induce individuals to report alleged criminal conduct, particularly by corporates, through the use of non-prosecution agreements.

Katten's Dallas Insolvency and Restructuring team represented a Houston-based REIT in its Chapter 11 filing, helping the company successfully close a $135 million exit facility that allowed the trust to go effective on its Chapter 11 Plan of Reorganization on March 27.

Partners and Broker-Dealer Regulation Co-Chairs Wayne Aaron and Susan Light spoke with Hedge Fund Law Report on the SEC's updated definitions of "dealer" and "government securities dealer" under the Securities Exchange Act of 1934, which may require some hedge funds to register as dealers. While the SEC estimates that only 12 hedge funds will be impacted by this change, Wayne suggests that number may be underestimated.

Katten's 2024 Diversity Equity and Inclusion Report, aptly themed "Interwoven," is a testament to the rich tapestry of diverse identities that enrich our community. The stories in these pages show the many ways Katten is deeply committed to DEI and how we are actively striving to create an inclusive work environment where everyone's identity is welcomed and celebrated.

The National Immigrant Justice Center is celebrating Associates Leigh Brissenden and Matt Hartzler as 2024 Rising Stars, which recognizes attorneys who have demonstrated "extraordinary commitment to ensuring access to justice for immigrants."

Katten celebrated Women's History Month with two guest speakers: Dallas Mavericks CEO Cynthia "Cynt" Marshall, the first Black female CEO in the history of the NBA; and Dame Inga Beale, the first female CEO of Lloyd's of London.

Katten announced that three attorneys — Partner Dilen Kumar and Associates Katie E. O'Brien and Christopher T. Vazquez — were selected for the Leadership Council on Legal Diversity (LCLD) Fellows and Pathfinder programs focused on professional development. "These programs present a tremendous opportunity for our attorneys to develop new relationships with industry leaders, expand their leadership skills and continue the upward trajectory in their career paths," said Katten Chief Diversity Partner Leslie Minier.

For the third consecutive year, Katten has been designated a Mansfield Certified Plus firm, signaling its continued commitment to diversify law firm leadership and foster a culture of belonging.

We are committed to having the brightest lawyers on our team, and we recognize that the best talent is diverse in many ways, including gender, race, sexual orientation, national origin, and ability.

If you're seeking to join a firm where you can enjoy exceptional career opportunities, as well as the resources to help you take your personal and professional goals to the next level, take a closer look at Katten.