Mergers and Acquisitions. Represented public and private banks and bank holding companies in over ten interstate bank merger transactions, the largest of which was valued at over $700 million.
Branch Transactions. Structured and negotiated more than twenty branch sale transactions, including the purchase of Fifth Third Bank's Arizona branch network involving deposits of more than $430 million, and the sale of M&I Marshall & Ilsley Bank's Oklahoma branch network involving deposits of more than $230 million.
Asset Transactions. Represented a federal savings association in the purchase of over $2.7 billion in home equity loans and lines of credit over a five-year term. Represented banks and finance companies in various purchases and sales of credit card, trust, deposit and mortgage loan portfolios.
Non-Bank Acquisitions. Represented several financial institutions in connection with preparing and filing applications with federal regulatory authorities to obtain prior approval of various non-bank acquisition and corporate expansion transactions.
Bank Note Program. Structured, negotiated and documented $7 billion bank note program. Represented bank in connection with a first-of-its-kind $475 million secured bank note guaranteed by the Federal Agricultural Mortgage Corporation.
Corporate Financings. Represented major financial holding company in over $2.5 billion in corporate financings, including a novel $400 million equity-linked note issuance program.
Capital Initiatives. Assisted a bank in establishing a REIT subsidiary as a vehicle to issue tax-advantaged Tier 1 capital.
Regulatory Interpretations. Obtained a precedent-setting waiver from the Board of Governors of the Federal Reserve regarding various aspects of Section 23A of the Federal Reserve Act.
Charter Formations. Represented several clients in raising capital and establishing state/national bank charters and bank holding companies.
Multi-State Consumer Compliance. Represented several clients in evaluating alternative structures for originating and delivering consumer and retail banking products and services, including evaluating interest rate exportation, preemption and licensing issues with respect to multi-state programs.
Securitizations. Provided counsel in connection with various mortgage and automobile loan securitization transactions involving public and private securities, including term and conduit structures.
Trust Preferred Securities. Represented several bank holding companies in connection with the issuances of trust preferred securities both in traditional offerings and to pooled structures.