Blank Rome LLP

Blank Rome LLP is a national law firm representing domestic and international publicly-traded and private companies, governmental and other non-profit entities, as well as individuals. With nearly 500 attorneys, in offices in New York, Washington, DC, Pennsylvania, Delaware, Maryland, New Jersey, Ohio, Florida, Connecticut and Hong Kong, Blank Rome advises clients in a wide range of industries including: real estate; financial services; health care; gaming; hospitality; life sciences; manufacturing; maritime; energy; telecommunications; technology, and transportation. In addition, Blank Rome clients benefit from the services of the Firm's affiliate, Blank Rome Government Relations LLC, which is staffed by attorneys and lobbyists who guide companies through the complex processes of federal, state and local government.

Blank Rome's New York office represents some of the area's leading real estate, financial services and technology companies. Blank Rome counsels businesses and organizations ranging in size from multi-billion dollar international companies to startups in areas such as: capital formation; mergers and acquisitions; insolvency and restructuring; taxation; intellectual property; labor; and all aspects of litigation. The Firm has had many high-profile representations in the areas of white collar defense, and has prosecuted significant class actions in the environmental, securities and insurance areas. The New York office also has one of the largest and most visible matrimonial and estates & trusts practices in the United States. Blank Rome represents high net worth clients in all aspects of matrimonial law including divorce, mediation, equitable distribution of property, support, paternity, custody and visitation rights, as well as trusts and estates.

Preemption in Consumer Financial Protection Agency (CFPA) Bill--More to Come
October 28, 2009
Heading into the House Financial Services Committee's markup of the CFPA bill last week, a handful of moderate, pro-business Democrats--including Reps. Melissa Bean (IL) and Jim Himes (CT)--banded together with the intention of significantly watering down bill language that scraps long-standing...

Chinese Go Bargain Shopping for U.S. Real Estate
Jeffrey A. Rinde, October 20, 2009
Americans are witnessing one of the worst corrections in history in the U.S. real estate market as evidenced by steep declines in new home sales and rapidly growing real estate foreclosures. The S&P/Case-Shiller Home Price index reported that 11 of 20 metro areas around the nation showed the...

Final Regulations and New Guidance Regarding Loan Modifications for REMICs Holding Commercial Mortgage Loans
Joseph T. Gulant, October 20, 2009
On September 15, 2009, the IRS released final regulations and a Revenue Procedure addressing modifications to commercial mortgage loans held by real estate mortgage investment conduits ("REMICs"). The new regulations are designed to "accommodate the evolving practices in the...