Practice Areas & Industries: Bracewell & Giuliani LLP

Practice/Industry Group Overview

Bracewell has developed a strong concentration representing community-owned banks and thrifts of all sizes, including many with more than $200 million in assets.  In fact, since the United States Congress made community-owned banks and thrifts eligible to elect S Corporation status, our attorneys have handled approximately 15% of the bank S conversions nationwide.

Services Available

In helping banks take advantage of S Corporation status, we work with them to maximize the advantages of this option — including specific, preferred income-tax treatment — while ensuring compliance with the various conversion regulations and related corporate, securities and regulatory issues involved in these transactions.  We also serve regularly as general, issuer or underwriter counsel in conversions from mutual to stock form and in follow-on initial public offerings of equity securities.