Sue P. Murphy

Weathering the Storm: Guidelines Issued for Private Equity Investors Acquiring Failed Banks or Thrifts
Erin Burrows, Taylor H. Wilson, Jason T. Barnes, Tom D. Harris, Lenard M. Parkins, Sue P. Murphy, Kenric Kattner, Eric Terry, John Podvin, September 16, 2009
The interest from the private equity community in filling the growing capital gaps that exist in the balance sheets of U.S. banks has spurred the FDIC Board to adopt a Final Statement of Policy on Qualifications for Failed Bank Acquisitions (the "Policy Statement"). The Policy Statement,...

Weathering the Storm
Sue P. Murphy, Scott G. Night, Robert D. Albergotti, March 5, 2009
Many companies entered into their existing debt agreements before the current economic crisis. As a result, the financial covenants in their debt agreements were based upon financial projections and assumptions that are no longer appropriate or attainable.