Banking and Finance
Banking is no longer a business of tradition. Today’s rapidly evolving financial markets, complex new laws and regulations affecting financial institutions, and heightened sensitivity to reputation and legal risks lead financial institutions to Thompson O’Brien for sound, practical legal advice.
The Firm collaborates with clients to handle commercial loans, asset based lending agreements, construction and development loans, and other forms of structured financing. The Firm represents lenders and borrowers in every type of commercial lending transaction and has experience in large and small, secured and unsecured commercial credit transactions ranging from small loans to multimillion dollar transactions.
Financial institutions look to the Firm for guidance on regulatory compliance matters such as ownership and control issues under the Bank Holding Company Act and the Savings and Loan Holding Company Act, inter affiliate transactions, permissibility and structuring of proposed activities and programs, risk management, and management interlocks. The Firm actively advises financial institutions on mitigating litigation risks in the course of their business lending activities.
The Firm has experience reviewing lending institutions’ internal policies, and counsels institutions on best practices, garnishments, check law and the Uniform Commercial Code.