Andrews Kurth Forms Task Force to Assist Clients With Financial Stability Plan Opportunities

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Mon Mar 30, 2009 1:12pm EDT

Andrews Kurth Forms Task Force to Assist Clients With Financial Stability Plan
Opportunities

HOUSTON, March 30 /PRNewswire-USNewswire/ -- Andrews Kurth LLP is announcing
the formation of an Economic Recovery/Government Opportunities Task Force to
help clients navigate the current economic downturn and the evolving
governmental approach to abate its effects.

The Economic Recovery/Government Opportunities Task Force will monitor the
continuing developments in U.S. government-instituted programs, including the
Term Asset-Backed Securities Lending Facility and the Public-Private
Investment Program, and will work closely with clients to advise them on how
to capitalize on these initiatives and opportunities.

"With this new task force, we are coordinating the experience of attorneys
across the firm and giving clients a central place to find advice and
counsel," says Patrick Sargent, a leader of the task force and President-Elect
of the Commercial Mortgage Securities Association. "We know the markets,
processes and issues key to the economic recovery programs that affect
business and investor clients."

The firm has long been a leader in helping clients in matters involving
asset-backed securities and mortgage-backed securities. Andrews Kurth
attorneys have a record of "firsts" in transactions dating back to the
beginning of these markets in the 1980s, including the first public credit
card securitization, first senior/subordinated auto loan securitization, first
subprime auto loan securitization and first re-securitization.

Likewise, the firm has extensive experience in assisting clients with
public-private investments and transactions. Attorneys at Andrews Kurth have
assisted clients in work with the Resolution Trust Corporation to purchase
assets owned by failed savings & loans, as well as representing governmental
authorities in major stadium financing and development deals.

"As a firm with more than 100 years of history, we have walked with clients
through plenty of ups and downs in the economy," says Managing Partner Bob
Jewell. "The attorneys at our firm have the experience to help our clients
seize these emerging opportunities."

The Economic Recovery/Government Opportunities Task Force is made up of
Andrews Kurth attorneys across the country who practice in the Structured
Finance/Securitization, Commercial Real Estate/Capital Markets, Private
Equity, Tax and Real Estate Practice Groups.

ABOUT ANDREWS KURTH LLP
For more than a century, Andrews Kurth has built its practice on the belief
that "straight talk is good business." Real answers, clear vision and mutual
respect define the firm's relationships with clients, colleagues, communities
and employees. With more than 400 lawyers and offices in Austin, Beijing,
Dallas, Houston, London, Los Angeles, New York, The Woodlands and Washington,
DC, Andrews Kurth represents a wide array of clients in all areas of business
law. For more information about Andrews Kurth, please visit andrewskurth.com.


    CONTACT: Ashley Nelly
    Andrews Kurth,
    713-220-4410 (office),
    713-204-0255 (mobile),
    ashleynelly@andrewskurth.com

SOURCE  Andrews Kurth LLP

Ashley Nelly of Andrews Kurth, +1-713-220-4410 (office), +1-713-204-0255
(mobile), ashleynelly@andrewskurth.com
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