Assist financial institutions converting from one form of charter to another (e.g., national bank to state-chartered bank or vice versa).
Advise financial institutions on board composition, risk management, internal controls, director and officer duties and responsibilities, and other corporate governance matters.
Assist financial institutions in the evaluations of their current D&O insurance policies, particularly in light of a changing regulatory environment, and design and implement strategies intended to protect the interests of officers and directors of insured depository institutions.
De Novo Banks/Holding Company Formations
Assist clients who wish to obtain federal or state bank, savings bank, trust, or special purpose charters, federal deposit insurance, or to form holding companies.
Enforcement Actions/Civil Money Penalties
Advise clients on regulatory examinations and related enforcement actions, including board resolutions, memoranda of understanding, consent orders, and prompt corrective action. We also negotiate and implement action plans for resolution of, and compliance with, enforcement actions. In addition, negotiate the imposition of civil money penalties.
Assist boards of directors and compensation committees in the evaluation of incentive compensation plans and compensation packages for their senior executive officers.
Financial Reform Legislation
Evaluate the regulatory and operational consequences of current and anticipated federal legislation to reform the financial services industry and assist clients with Dodd-Frank compliance.
Assist financial institutions in evaluating and implementing strategies to eliminate public company reporting requirements.
Golden Parachute & Indemnification Payments
Advise financial institutions with respect to permissible golden parachute and indemnification payments under Part 359.
Insider Lending Issues
Advise boards of directors and senior executive officers regarding compliance with Regulation O.