Taft partner Kiamesha-Sylvia Colom co-presented at the Association of Corporate Counsel (ACC) Washington’s Technology Summit on June 17. The session titled “Using New Law for Old Contracts: How to Efficiently and Cost-Effectively Analyze and Remediate Outdated Agreements” included a discussion on innovative ways to identify contracts containing outdated language that must be revised to comply with current laws and regulations. The panel explored how to deploy new tech/law driven solutions and Taft’s Solution to the LIBOR remediation problem that relies less on traditional, tedious human review and more on measurable, technology-driven processes; efficient and transparent workflows; and artificial intelligence and other advanced analytics to improve the legal analysis functions and work that Taft provides.
Colom is a partner in Taft’s Real Estate group and chair of Taft’s COVID-19 SBA Task Force. She focuses her practice in the areas of real estate transactions, real estate lending, commercial finance transactions, and related business transactions. Colom has extensive experience closing SBA and conventional commercial loans and co-manages the firm’s LIBOR remediation work. She represents banks, developers, tenants, landlords, and third-party lenders. Colom has presented to and trained brokers, bankers, and attorneys in areas related to real estate and commercial lending. Her extensive base of knowledge covers an array of commercial loan types, including government guaranteed lending, term loans, lines of credit, syndicated loan transactions, real estate and asset based transactions, and construction loans.