March 09, 2009

Legal Times breaks news of Venable’s Treasury work

1 min

Citing sources within the Treasury Department, Legal Times disclosed that the Treasury has hired Venable to assist with the Capital Purchase Program. The publication posted the story to its blog on the afternoon of March 6, 2009.

According to the source, Venable will assist in-house Treasury lawyers with the drafting term sheets and financing documents to infuse cash into mutual institutions—a type of bank that has not yet received TARP money.