David Sofge is a Fort Lauderdale attorney who represents banks, broker-dealers, insurance companies and other financial intermediaries.
His experience for banks and broker-dealers includes:
- assisting banks and broker-dealers with cross-border securities and investment advisor compliance
- intermediating between U.S. financial institutions and foreign counsel for compliance with privacy and data protection requirements
- representing U.S. banks in connection with international supply chain finance, including the use of web platforms to satisfy various foreign law requirements
- advising issuers and banks on municipal bond offerings, including the issuance of direct-pay letters of credit as a payment protocol
- bank financing for private equity investments by U.S. and foreign firms
- representing banks in developer loan workouts and receiverships
- bank acquisitions and mergers
His experience for insurance companies and their affiliates includes:
- advising on design and compliance for structured financial products
- state law guidance for multistate acquisition of a medical benefits manager
- negotiating and documenting "stable value" and other arrangements between regulated financial institutions
- working as part of task force for national litigation arising from securitization products offered by an insurance company, including responsibility for settling 25-plus cases throughout the U.S.
Mr. Sofge contributes to the firm's Blockchain & Crypto Blog and writes on technology transactions, data protection and artificial intelligence for the firm's Israel Practice newsletter and its Digital Technology and E-Commerce Blog.