Friday, July 30, 2010
Written by Jeannie Osborne

With attorneys and staff worldwide, Bryan Cave attorneys often make the news.  Recent media mentions include Walt Moeling of the Financial Institutions practice group:

Moeling on WABE Radio, in Atlanta Journal-Constitution

Atlanta Partner Walt Moeling was interviewed July 26 by WABE Radio, the Atlanta NPR affiliate, and was quoted July 22 in The Atlanta Journal-Constitution on the anticipated uptick in Georgia’s bank failures. Moeling said he expects to see two to four failures per month through the end of the year. “If the economy remains stable, it’s one answer,” he told the Journal-Constitution. “If it slumps…borrowers are going to give up [paying their loans] quickly, and that will boost the number.” Thirty-nine banks have failed in Georgia since August 2008 – the most for any state. Click here to read the full Journal-Constitution article.

Tuesday, July 6, 2010
Written by Jeannie Osborne

Recent media mentions of attorneys in Bryan Cave’s financial institutions practice include:

Atkinson in Virginian-Pilot
Charlotte Partner B.T. Atkinson was quoted June 7 by The Virginian-Pilot in Norfolk, Va., concerning private-equity firms that are investing in troubled banks. Hampton Road Bancshares, parent company of Hampton Road Bank and Shore Bank, recently announced that private equity firms will invest in the company. Click here to read the article.

Hester in American Banker
Atlanta Associate Barry Hester was quoted June 10 by American Banker on a controversial provision of the financial reform bill that would tighten capital restrictions on many banks, including those still participating in the government’s TARP bailout program. “It will immediately result in undercapitalization for a number of banks,” Hester said. “It would be like flipping the switch, where banks that are currently OK would suddenly need to raise more capital. It could be a disaster if it isn’t phased in to let people plan ahead.”

Klingler on thestreet.com, bailoutsleuth.com
Atlanta Associate Robert Klingler was quoted June 4 by thestreet.com regarding bank capital standards. Click here to read the article. He also was quoted that same day by bailoutsleuth.com on the Small Business Lending Fund, which is designed to inject $30 billion into small banks – defined as those with less than $10 billion in assets – with the idea that they will in turn lend money to small businesses.

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Thursday, July 1, 2010
Written by Robert Klingler

Bryan Cave is co-sponsoring a one-day seminar for banks considering FDIC-assisted transactions as a growth strategy.  The seminar is designed to provide an opportunity to get inside the process and find out everything you need to know to determine if an FDIC-assisted bank deal is an appropriate growth strategy for your bank!

Discounts are available for Bryan Cave clients.  If you’re interested in attending, please contact your regular Bryan Cave contact person.

Friday, May 7, 2010
Written by Jeannie Osborne

With attorneys and staff worldwide, Bryan Cave attorneys often make the news.  Sometimes media mentions highlight the firm’s involvement with notable clients, sometimes the individual accomplishments of attorneys and staff.  Recent media mentions of attorneys in Bryan Cave’s financial institutions practice include:

McAlpin in Atlanta Business Chronicle

Atlanta Partner Jim McAlpin was highlighted, with photo, April 30 in the Atlanta Business Chronicle’s “Power 50″ – the publication’s annual list of the region’s key business leaders. The list includes top managers, directors, CEOs and corporate heads from companies across Atlanta. McAlpin was recognized for his comprehensive experience in corporate and business law.

 Moeling in American Banker, Journal-Constitution, US Banker

Atlanta Partner Walt Moeling was quoted April 29 in American Banker on the U.S. Treasury Department’s decision to allow two banks to convert preferred shares into common equity at a steep discount rather than allow those banks to fail. He was quoted April 28 by The Atlanta Journal-Constitution concerning the fact that federal authorities have opened criminal investigations into a number of bank failures in northern Georgia. Moeling was quoted April 14 by American Banker on how savvy investors who bought failed banks’ assets from the Federal Deposit Insurance Corp. for pennies on the dollar have recovered their money many times over. He also was quoted in the May edition of US Banker on the difficult time community banks have had finding the support they need to regain their financial footing and start making loans again.

Monday, April 26, 2010
Written by Jeannie Osborne

With attorneys and staff worldwide, Bryan Cave attorneys often make the news.  Sometimes media mentions highlight the firm’s involvement with notable clients, sometimes the individual accomplishments of attorneys and staff.  Recent media mentions of attorneys in Bryan Cave’s financial institutions practice include:

Blanchard in Atlanta Journal-Constitution
Atlanta Partner Jerry Blanchard was quoted April 8 in The Atlanta Journal-Constitution regarding the stepped-up scrutiny of real estate lenders in economic hard times.
Moeling in Atlanta Journal-Constitution, Business Chronicle
Atlanta Partner Walt Moeling was quoted April 17 by The Atlanta Journal-Constitution on recent bank failures in Georgia mountain communities, and how the boom and bust of the vacation home market hit the Ellijay area. Moeling also was quoted April 2 in the Atlanta Business Chronicle regarding Georgia banks venturing into the stock market.
Rinearson, Strahlberg in Paybefore Update
New York Partner Judith Rinearson and Chicago Associate Margo Hirsch Strahlberg authored an article outlining key aspects of the Federal Reserve Board’s final gift card rules in connection with Title IV of the Credit Card Accountability Responsibility and Disclosure Act (the CARD Act) in the March edition of Paybefore Update. Rinearson, Strahlberg and DC Counsel John ReVeal will present a webinar on this topic from 2 to 3 p.m. EST Wednesday, April 28.
Wednesday, April 14, 2010
Written by Jeannie Osborne

With attorneys and staff worldwide, Bryan Cave attorneys often make the news.  Sometimes media mentions highlight the firm’s involvement with notable clients, sometimes the individual accomplishments of attorneys and staff.  Recent media mentions of attorneys in Bryan Cave’s financial institutions practice include:

Moeling in Deal Pipelines

Atlanta Partner Walt Moeling was quoted March 26 in The Deal Pipeline, an online transaction information service from The Deal, regarding the assets from failed banks that the Federal Deposit Insurance Corp. has been able to sell off recently.

Rinearson in Post-Dispatch, Inside Regulatory Strategies

New York Partner Judith Rinearson was quoted March 28 by the St. Louis Post-Dispatch on new gift card rules announced recently by the Federal Reserve. She also was quoted March 8 by Inside Regulatory Strategies concerning the Federal Reserve and competing proposals for a new consumer protection entity. Rinearson said consumer protection can be housed either at the Fed, the Treasury or the FDIC, as long as the agency in charge has autonomous rulemaking powers and independent funding, a presidentially appointed head and examination and enforcement powers.

Friday, March 26, 2010
Written by Jeannie Osborne

With attorneys and staff worldwide, Bryan Cave attorneys often make the news.  Sometimes media mentions highlight the firm’s involvement with notable clients, sometimes the individual accomplishments of attorneys and staff.  Recent media mentions of attorneys in Bryan Cave’s financial institutions practice include:

Moeling in Atlanta Journal-Constitution
Atlanta Partner Walt Moeling was quoted March 18 by the Atlanta Journal-Constitution on the tough time former CEOs of failed Georgia banks are having finding work.

Rinearson on FinancialFraudLaw.com
New York Partner Judith Rinearson was quoted March 19 on FinancialFraudLaw.com regarding the proposal from Sen. Chris Dodd (D-Conn.) for a consumer protection division within the Federal Reserve. The idea is part of the ongoing development of new financial regulations for the banking industry.

Friday, March 12, 2010
Written by Jeannie Osborne

With attorneys and staff worldwide, Bryan Cave attorneys often make the news.  Sometimes media mentions highlight the firm’s involvement with notable clients, sometimes the individual accomplishments of attorneys and staff.  Recent media mentions of attorneys in Bryan Cave’s financial institutions practice include:

Blanchard in Financial Industry Outlets

Atlanta Partner Jerry Blanchard was quoted Feb. 25 by Bank Info Security and Cuinfosecurity.com and Feb. 23 on Financial Fraud Law.com concerning the high number of banks and credit unions that continue to fail nationwide, despite what many see as a turnaround in the economy.

Moeling in Business Week, Atlanta Journal-Constitution

Atlanta Partner Walt Moeling was quoted Feb. 25 in a BusinessWeek/Bloomberg article regarding the new investment group BSE Management LLC, which hopes to raise $1 billion to buy failed lenders in the Southeast U.S. He also was quoted Feb. 28 in The Atlanta Journal-Constitution on what happens when FDIC officials arrive to take over a failing bank.

Friday, February 12, 2010
Written by Jeannie Osborne

With attorneys and staff worldwide, attorneys in Bryan Cave’s financial institutions practice often make the news.  Sometimes media mentions highlight the firm’s involvement with notable clients, sometimes the individual accomplishments of attorneys and staff.  Recent media mentions include:

Atkinson in Winston-Salem Journal

Charlotte Partner B.T. Atkinson was quoted Feb. 3 in the Winston-Salem Journal on the Obama administration’s proposal to offer $30 billion in financing to community banks to help support the Small Business Lending Fund, which is aimed at creating jobs.

Klingler in Financial Times, Others

Atlanta Associate Robert Klingler was quoted Feb. 2 in the Financial Times on President Barack Obama’s pledge to direct $30 billion in repaid TARP funds to community banks, so they can beef up lending to small businesses. He also was quoted Feb. 3 in BNA’s Banking Daily on Obama’s pledge and Feb. 5 in the Memphis Business Journal describing why less than 10 percent of TARP recipients have paid back their TARP funds.

Moeling in Atlanta Business Chronicle

Atlanta Partner Walt Moeling was quoted Jan. 29 in the Atlanta Business Chronicle concerning First National Bank of Georgia, which was seized and sold to Community & Southern Bank, an investment group led by former bank regulator and noted turnaround specialist Patrick Frawley.

Strahlberg in ABA Bulletin

Chicago Associate Margo Hirsch Strahlberg was featured in an ABA continuing legal education bulletin for her part in the Jan. 28 ABA-sponsored teleconference on gift cards and rebates. Strahlberg’s presentation focused on consumer protection issues related to prepaid cards under both state and federal law. About 80 attendees registered for the event.

Friday, February 5, 2010
Written by Robert Klingler

With attorneys and staff worldwide, attorneys in Bryan Cave’s financial institutions practice often make the news. Sometimes media mentions highlight the firm’s involvement with notable clients, sometimes the individual accomplishments of attorneys and staff. Recent media mentions include:

Blanchard in Atlanta Business Chronicle, Florida Business Journals

Atlanta Partner Gerald Blanchard was quoted Jan. 13 in the Atlanta Business Chronicle regarding Troubled Asset Relief Program (TARP) funds and how most TARP recipients have, in fact, repaid their debts with interest. He also was quoted Jan. 6 in the Palm Beach Daily Business Review (republished in the Miami Daily Business Review) on how new banking regulations out of DC could affect small community banks’ ability to lend money.

Klingler in U.S. Banker

Atlanta Associate Robert Klingler was quoted in the February edition of U.S. Banker on how to jump start the economy. The article focused on small business loans and particularly President Obama’s call to use TARP funds to make more capital available to community banks that agree to increase their small-business lending.

Moeling in Atlanta Journal-Constitution, ABA Banking Journal

Atlanta Partner Walt Moeling was quoted Jan. 21 in The Atlanta Journal-Constitution regarding how most bank depositors have emerged relatively unscathed from failed banks due in large part to the fact that the FDIC insures deposits up to $250,000 per account. He also was quoted in the December edition of the ABA Banking Journal concerning the commercial real estate (CRE) appraisal process. Many community bankers are waiting to see whether regulators might make the process of CRE exams and appraisals easier in the future.

Wheeler in Birmingham Business Chronicle

Atlanta Partner Jim Wheeler was quoted Jan. 15 in the Birmingham Business Chronicle on how many banks have successfully shed their books of unprofitable loans to interested buyers. Most also have sold their more valuable bad assets, he said.