Andrew M Genser

December 04, 2007 | New York Law Journal

Andrew M. Genser, a partner at Kirkland & Ellis, writes that with a preliminary injunction granted, it is unclear whether the DHS will continue to litigate the validity of the regulation requiring employers to take significant affirmative steps once they receive a "no-match" letter or simply issue new regulations. Given the uncertainty, employers would be well-advised to review their compliance programs and prepare to adopt new systems should a new rule go into effect.

By Andrew M. Genser

14 minute read

April 06, 2009 | New York Law Journal

Andrew M. Genser, a partner at Kirkland & Ellis, writes: The collapse of the $330 billion Auction Rate Securities (ARS) market in February 2008 has been eclipsed in the media by a string of other dramatic collapses (and near collapses) on Wall Street, from Freddie Mac to the Madoff scandal. However, despite the fact that ARS may have receded from the headlines, billions of dollars of illiquid ARS are still at stake. Indeed, although regulators have reached large settlements with the major ARS dealers, many investors are not covered and even investors who are covered are searching for ways to claim additional damages. At the same time, regulators continue to investigate the sales practices of secondary ARS dealers. This article surveys the ARS regulatory and private litigation landscape one year after the market collapse.

By Andrew M. Genser

13 minute read