Mergers and Acquisitions. Represented public and private banks and bank holding companies in connection with 25+ in-state and interstate bank merger transactions, the largest of which was valued at over $4.1 billion.
Branch Transactions. Structured and negotiated numerous branch sale transactions, including one of the largest branch transactions in the country in 2001.
Recapitalizations. Assisted in the recapitalization of various distressed financial institutions, including the conversion of debt to equity and the implementation of new management teams.
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 banks with 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.
National Lending Platforms.Represented several depository institutions in establishing national lending platforms for consumer loan programs.
Trust and Fiduciary Services.Represented various bank and non-bank clients in connection with the purchase and sale of trust businesses and interstate fiduciary operations.