Connecticut Law Tribune Quotes Partner Paul McCurdy on Impact of New Securities Regulation on Connecticut Law Firms
February 23, 2009
Partner Paul McCurdy was quoted in a Connecticut Law Tribune article titled "Firms Gear Up for Possible Big Change." The article discussed the new administration's increased scrutiny and regulation of investment banks, hedge funds and private equity firms. The article also discussed how Connecticut law firms, specifically the securities regulation and white collar investigation practices, are "gearing up" to advise their clients regarding the new requirements.

"Kelley Drye & Warren in Stamford is substantially involved in securities regulation and litigation involving brokerages and investment firms.

"Paul F. McCurdy, a partner in the firm's Stamford office, said that in advance of possible increased regulations, they're preparing to call on resources in other national offices, 'particularly in the white collar area.'

"Most of the firm's lawyers in that group are divided among New York, Chicago and Washington, D.C. locations.

"'We're using these resources more frequently and more regularly,' McCurdy noted. Those white collar lawyers are 'involved in our work on a constant basis.'

"Though there are no specific expansion plans in Stamford for the immediate future, McCurdy said the firm is frequently hearing from attorneys and headhunters interested in the Kelley Drye & Warren platform.

"The magnitude of financial scandals and meltdowns 'will keep all of this on the front burner for the foreseeable future,' McCurdy said."