Gordon Shapiro – Black Swan Events of 1989 vs. 2020: How Prepared Are Financial Institutions?

Jackson Walker partner Gordon Shapiro is an experienced litigator who specializes in business litigation. In his nearly 40 years at the Firm, he has seen many ups and downs in Texas financial institutions, and he's litigated through unexpected events that completely disrupt the economy—known in the industry as Black Swan events.  One such event that parallels the COVID-19 pandemic of today is the Texas commercial banking failures of the 1980s. Gordon breaks down some of the events that happened then and how he and the Jackson Walker team holistically addressed the situation. He also describes how that experience helps today's Jackson Walker team be better prepared for the current issues facing lenders and borrowers. For more information and additional JW Fast Take podcasts and webinars, visit JW.com/Fast. Follow Jackson Walker LLP on LinkedIn, Twitter, Facebook, and Instagram. The music is by Eve Searls. This podcast is made available by Jackson Walker for informational purposes only, does not constitute legal advice, and is not a substitute for legal advice from qualified counsel. Your use of this podcast does not create an attorney-client relationship between you and Jackson Walker. The facts and results of each case will vary, and no particular result can be guaranteed.