Blockchain Applications in Commercial Finance: Loan Syndications, Servicing, Swaps, Trade Finance and More
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will familiarize finance counsel with the technology and some of the current and potential uses of blockchain and distributed ledger technology (DLT) in commercial finance transactions. The panel will also discuss the legal and regulatory hurdles companies may encounter in moving transactions onto a distributed ledger or blockchain.
- Characteristics of DLT and blockchain
- Decentralized, peer-to-peer database
- No intermediary required
- Authenticated transactions
- Difference between blockchain and DLT
- Smart contracts and e-signatures
- Automated tracking and enforcement
- Potential applications—loan syndications, servicing, swaps, trade finance
- Legal risks and opportunities
The panel will review these and other key issues:
- What is a distributed ledger, and how does it change the way transactions and information are documented?
- How can smart contract enforcement be embedded in a distributed ledger or blockchain?
- What are some of the current and proposed uses for blockchain in commercial finance transactions?
- What legal issues arise with blockchain that are not present with more conventional formats?
Jenny E. Cieplak
Crowell & Moring
Ms. Cieplak practice primarily involves mergers and acquisitions, complex joint ventures, consortiums and... | Read More
Ms. Cieplak practice primarily involves mergers and acquisitions, complex joint ventures, consortiums and strategic alliances, venture capital and private equity investments, and corporate finance. She is experienced in drafting a wide range of commercial agreements. Her practice focuses on the financial services industry, working on the creation, governance and sale of electronic trading platforms, exchanges, swap execution facilities, clearinghouses, and data repositories. She also advises clients on commodities law.Close
Erin Jane Illman
Bradley Arant Boult Cummings
Ms. Illman represents corporate entities, technology companies and financial institution clients in a wide variety of... | Read More
Ms. Illman represents corporate entities, technology companies and financial institution clients in a wide variety of regulatory compliance, litigation and contract matters. Her current practice combines her technology, financial and corporate entity experience and is focused on helping companies navigate compliance and litigation risks associated with information security, digital services and products, cybersecurity, e-commerce and data privacy. She is co-chair of the firm’s Privacy, Security and Innovation team, which is part of the Banking and Financial Services Practice Group.Close