Our
Financial Services Team is highly regarded as the “go-to” legal counsel for
businesses in the financial services industry, providing our clients with
sophisticated advice and representation on a range of issues spanning
regulatory compliance, corporate and transactional, institutional financings
and asset-based commercial lending, complex and general litigation, creditors’
rights, securities and Maryland lobbying.
Gordon
Feinblatt’s Financial Services Team represents banks, credit unions, mortgage
brokers and lenders, consumer finance companies and debt relief providers. We
also represent FinTech providers, including, marketplace and online lenders and
other alternative lending and payment providers. Our Team advises clients on all
aspects of consumer credit in Maryland and throughout the country. Our Team is
counsel to the Maryland Bankers Association and is closely involved in
legislative and administrative issues affecting banking and insurance and other
financial institutions doing business in Maryland. We have been involved in
drafting and lobbying nearly all changes to Maryland’s credit laws since 1985.
Our Team’s
knowledge of legal issues regarding financial services has been developed over
more than 40 years of high level, quality legal service. This depth of
understanding of the business of financial services providers allows us to be
cost-effective in solving issues and innovative in implementing winning
solutions to a wide range of legal and business needs.
Our
Financial Services Team is actively involved in matters that include:
- Bank holding
company formation
- Class and
individual actions
- Commercial lending
- Complex and
general litigation
- Consumer credit
- Corporate and
transactional work M&A
- Creation of
subsidiaries, holding companies and joint ventures
- Credit law
violations
- Debt relief and
adjustment law
- Deposit accounts
- Dissolutions,
liquidations and receiverships
- Enforcement
matters, including MOU s, CID s and defensive litigation
- Fair lending
- Insurance regulation
- Licensing and
registration
- Mortgage lending
and brokering
- Online lending
- Privacy and data
breach
- Public and private
securities law
- Tax aspects of
commercial transactions
- UCC matters
(including check fraud)
- Wage and hour
concerns
- Workouts,
reorganization and bankruptcy
Regulatory
Compliance
We
advise financial institutions concerning all aspects of regulatory compliance,
including compliance with federal and state law applicable to consumer loans,
deposit accounts, mortgage lending/brokering, credit service businesses, money
transmission, credit repair, and debt adjustment/relief. Our Financial Services
Team is focused on staying ahead of changes in the industry and on keeping our
clients up to date and in compliance with the laws that impact them. We issue a
monthly electronic newsletter, Maryland
Legal Alert for Financial Services, regarding timely legal developments and
news for the financial services sector. We also issue an annual update on
changes to Maryland law.
Attorneys
on the Team also represent banks, developers and governmental entities in the
Mid-Atlantic region in connection with real estate matters including for
retail, multi-family, land acquisition and development and construction
projects. We have a depth of knowledge in zoning and land use issues as well as
title insurance issues. We are an experienced resource for issues that arise
when financing commercial property projects, acquisitions, loans and mortgages,
including HUD financing.
Rapidly
changing technology and consumer demand for faster and easier service delivery
channels continues to fuel the growth of alternative payment providers, lending
platforms and technology firms that provide tools and infrastructure for
financial service providers and other companies in the FinTech space.We
understand the opportunities created by the development and implementation of
new technologies, as well as the risks generated by increasing regulatory
scrutiny.
We
represent financial service providers in a wide range of litigation defending
single and multi-party complex claims, including consumer class action suits,
before federal and state courts, as well as federal and state agency
proceedings and alternative dispute proceedings. These disputes range in
subject matter from UCC disputes, to lender liability claims, to regulatory
compliance violations (TILA, ECOA, FCRA, FDCPA, UDAAP, etc.), to Maryland
credit law claims and more. We have been asked to serve as special counsel and
as expert witnesses in complex cases concerning insurance fraud and in cases
where compliance is at issue. Financial services providers rely on our
Financial Services Team for representation in all stages of administrative
proceedings before Maryland's Commissioner of Financial Regulation and its
Insurance Commissioner. We also have a long-established practice in
representation of many banking institutions and corporations on bankruptcy and
reorganization matters, workouts and participation arrangements.
We
also assist regulated financial services providers in connection with corporate
and transactional work, including acquisitions, mergers, conversions,
dissolutions, liquidations, receiverships and the creation of subsidiaries,
holding companies and joint ventures. Our Practice includes attorneys with a
wide range of skills needed by regulated financial services providers,
including attorneys with active practices in complex institutional financings and
asset-based commercial lending, public and private securities law, bankruptcy
and workout, real estate and environmental law and insurance regulatory advice.
