Practice Contacts
The attorneys at SmithAmundsen have a long history of representing financial institutions and today are involved in every major aspect impacting the banking industry. We provide guidance and counsel to our financial institution clients on all of their operational, regulatory, and lending needs. We are regularly engaged to assist in matters such as:
- Mergers and acquisitions
- Capital raising
- Stock repurchase plans
- Public company reporting matters
- Branch acquisitions and/or branch sales
- Subsidiary formation and expansion of operations
- New product development
- Consumer compliance
- Loan documentation and related issues
- Regulatory compliance and supervision
- Regulatory enforcement issues and negotiations
- Employment law matters
- Executive compensation matters
- Employee benefit plans, both qualified and non-qualified
- Strategic analysis
In today’s environment of enhanced scrutiny of financial institutions, boards of directors and executive management demand experienced, seasoned legal counsel to deliver a full range of legal services. Our banking and financial institutions attorneys assist financial institutions through all phases of their life cycle from their formation to their maturity. The scope and quality of our work reflects a high level of familiarity with the financial services industry, the regulatory process, and the current issues confronting financial institutions.
MERGERS AND ACQUISITIONS
Our financial institutions attorneys offer pragmatic advice to boards of directors and executive officers of publicly traded and privately held financial institutions with respect to the merger and acquisitions planning, process, and opportunities; the fiduciary duties of directors and officers; and, corporate governance best practices. We represent financial institutions on both the buy and the sell side in the negotiation, documentation and closing of complex mergers, asset acquisitions, stock purchases, and confidentiality and nondisclosure agreements.
COMMERCIAL LENDING AND CREDITORS RIGHTS
Our banking and financial institutions attorneys assist banks and other financial institutions through all phases of the credit life cycle, commitment letter, underwriting, documentation, re-documentation, enforcement, and, should the need arise, representation in bankruptcy proceedings.
COMMERCIAL & BANKING LITIGATION
We offer clients skilled, practical, and experienced counseling and support to assist with all types of business problems. Our attorneys are as comfortable in small town courtrooms as in federal courtrooms around the nation. Often, because of our years of experience counseling businesses of all sizes, our attorneys are called on by clients to serve as general corporate counsel, or as liaison with a client’s general counsel, to administer all types of litigation matters.
We provide for our lender-clients’ needs on all levels, from defending lender liability actions, to enforcing rights against borrowers in state courts and before the federal (including bankruptcy) courts. Our litigators represent lenders in actions to recover unpaid obligations from principals and guarantors, foreclosures, and assertion of claims for fraud on the part of borrowers or their principals.
BANKING OPERATIONS
We offer effective, efficient, and economical service in responding to the unique problems lenders routinely face in operational areas, such as regulatory issues, records subpoenas, grand jury subpoenas, citations to discover assets, wage garnishment and non-wage garnishment summonses. We also assist our clients in developing internal policies and procedures when legal rights and obligations could be affected by them.
Recognitions
U.S. News - Best Lawyers "Best Law Firms" - Banking and Finance Law - Tier 2 - Indianapolis Metropolitan Area
U.S. News - Best Lawyers "Best Law Firms" - Financial Services Regulation Law - Tier 2 - Indianapolis Metropolitan Area
News & Press Releases
- November 1, 2019
- August 15, 2019
- January 31, 2019
- January 24, 2019
- November 1, 2018
- Crain's Chicago Business, October 25, 2018
- August 15, 2018
- Law360, May 28, 2018
- SmithAmundsen, February 20, 2018
- November 21, 2017
- Chicago Lawyer, October 31, 2017
- October 27, 2017
- Crain's Chicago Business, September 15, 2017
- August 15, 2017
- Equality Illinois, August 1, 2017
- July 12, 2017
- April 24, 2017
- Daily Herald, March 28, 2017
- SmithAmundsen, February 2017
- Indiana Lawyer, February 8, 2017
- SmithAmundsen, January 26, 2017
- Indiana Business Journal, November 19, 2016
- Lawyers’ Assistance Program, November 4, 2016
- September 2016
- Crain's Chicago Business, September 10, 2016
- August 15, 2016
- The American Lawyer, August 2016
- Equality Illinois, July 8, 2016
- May 10, 2016
- April 25, 2016
- Above the Law, April 18, 2016
- Above the Law, April 13, 2016
- Junior Achievement of Central Indiana, February 25, 2016
- 5 SmithAmundsen Attorneys Included on 2016 Indiana Super Lawyers and 2016 Indiana Rising Stars ListsSmithAmundsen, February 12, 2016
- June 16, 2015
- April 2014
Alerts
- December 5, 2019
- November 19, 2019
- October 1, 2019
- August 30, 2019
- August 20, 2019
- April 9, 2019
- February 22, 2019
- February 7, 2019
- February 1, 2019
- November 29, 2018
- October 11, 2018
- October 2, 2018
- June 14, 2018
- May 25, 2018
- May 7, 2018
- April 27, 2018
- March 23, 2018
- January 26, 2018
- December 4, 2017
- October 27, 2017
- September 29, 2017
- June 1, 2017
- April 27, 2017
- March 31, 2017
- December 2016
- September 30, 2016
- August 26, 2016
- July 29, 2016
- July 12, 2016
- November 23, 2015
- November 23, 2015
- April 24, 2015
- January 5, 2015
Publications
- Illinois State Bar Association's Bench & Bar Newsletter, September 2019
- Illinois State Bar Association's Bench & Bar Newsletter, May 2019
- Indiana Bankers Association , December 4, 2018
- Illinois State Bar Association's Bench & Bar Newsletter, July 2018
- ISBA's Commercial Banking, Collections and Bankruptcy Newsletter , April 2018
- Illinois State Bar Association's Bench & Bar Newsletter, Winter 2018
- Indiana Bankers Association, December 8, 2017
- McHenry Bar Association's In Brief Newsletter, August 11, 2017
- SmithAmundsen, December 16, 2016
- Illinois State Bar Association’s Bench & Bar Newsletter, June 2016
- In Brief: A Quarterly Publication of the McHenry Bar Association, May 2016
- Illinois State Bar Association's Real Estate Newsletter, April 1, 2016
- Illinois State Bar Association's Commercial Banking, Collections & Bankruptcy Law Newsletter, March 13, 2015
- Illinois State Bar Association's Commercial Banking, Collections & Bankruptcy Law Newsletter, March 2015
- ISBA's Commercial Banking, Collections & Bankruptcy Law Newsletter., February 1, 2015
Presentations & Events
- Webinar; BankersWeb, July 18, 2019
- Risk Management Association Training; Indianapolis, IN, July 17, 2019
- Rockwell Beer Co.; St. Louis, MO, June 26, 2019
- National Business Institute; Webinar, November 2, 2018
- National Business Institute; National Video Webcast, July 30, 2018
- National Business Institute; National Video Webcast, March 26, 2018
- National Business Institute; National Video Webcast, February 22, 2018
- National Business Institute; National Video Webcast, November 15, 2017
- The Home State Bank; Crystal Lake, IL, October 11, 2017
- Indianapolis Bar Association; Indianapolis, IN, June 27, 2017
- Client Seminar; Pennsylvania, PA, May 31, 2017
- National Business Institute; Webinar, December 28, 2016
- Indiana State Bar Association; Indianapolis, IN, December 6, 2016
- SmithAmundsen, Webinar, October 20, 2016
- SmithAmundsen, Seminar, Chicago, IL, September 20, 2016
- SmithAmundsen and Dresner Corporate Services, Chicago, Seminar, May 25, 2016
- Illinois State Bar Association, May 13, 2016
- Indiana Bankers Association, May 4, 2016
- McHenry County Bar Association; Home State Bank, Woodstock, IL, March 22, 2016
- Community Bankers Association of Illinois’s Career Development Division Fall Conference, October 20, 2015
- National Business Institute, Naperville, IL, June 15, 2015
- National Business Institute, Webinar, May 21, 2015