M & A Law Prof Blog

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Boston College Law School

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Tuesday, July 7, 2009

FDIC Approves Proposed Policy Statement on Investor Qualifications for Failed Bank Acquisitions

On July 2, the FDIC released a Proposed Policy Statement on Qualifications for Failed Bank Acquisitions. The purpose of the release is to provide private investors, including private equity funds, with guidelines regarding the terms and conditions of investments or acquisitions of assets and liabilities of failed banks or thrifts.

 

Proskauer has the full story here

 

MAW

http://lawprofessors.typepad.com/mergers/2009/07/fdic-approves-proposed-policy-statement-on-investor-.html

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Comments

Hi,

Thanks for the FYI >> am interested how the proposal will look after the comment period, particularly in light of the 15% leverage requirements. I wrote a brief post on this earlier this week,

http://ourforwardmovement.blogspot.com/2009/07/more-bank-closings-and-new-rules-for.html

Thanks again for the info - best. Sls.

Posted by: Sls | Jul 9, 2009 3:21:32 PM

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