The housing and subprime lending meltdown and resulting credit crisis continue to develop, resulting in significant challenges and opportunities. Analysts estimate eventual write-downs of affected investments may approximate one trillion dollars, with some suggesting possible losses as high as two trillion dollars. Major financial institutions have come under intense financial pressure or been forced into bankruptcy or insolvency. Waves of litigation and investigations have swept over the financial industry, and numerous new regulations and laws have been proposed or enacted at the local, state and federal levels. The Credit Crisis Solutions Group of Katten Muchin Rosenman LLP offers creative legal solutions to clients navigating this critical period of market uncertainty. Specifically, the Group is able to help clients successfully execute transactions through the multidisciplinary skills of its Distressed Asset Team, and to respond to lawsuits and investigations related to such transactions through the deep experience of its Credit Crisis Litigation Team.