Practice Areas

PRACTICE GROUP DESCRIPTION

Banking has been a major practice area of the firm from its inception. Our clients include money center banks, regional banks, community banks, savings banks, industrial banks, non depository lenders, government sponsored lending organizations, and industry trade associations.  Representative clients include Zions Bank, Citigroup, Merrill Lynch Bank USA, Goldman Sachs Bank USA, UBS Bank USA, Volkswagen Bank USA, Bank of American Fork, Bank of Utah, Central Bank, Wright Express Financial Services Corp., First Electronic Bank, Target Bank, Transportation Alliance Bank, World Financial Capital Bank, the Utah Association of Financial Services, and the Utah Bankers Association.

LOANS, DEPOSITS AND BANK OPERATIONS

Our lawyers and paralegals are experienced in all aspects of commercial and consumer lending, including loan documentation, loan workouts, loan recovery, credit card operations, secured transactions, letters of credit, leasing, interstate lending and branching operations, exportation of Utah law and defense of lender liability claims. Our expertise also includes payment instruments, deposits, funding strategies, and marketing of other financial products such as securities and insurance.

REGULATIONS AND COMPLIANCE

We work extensively with state and federal banking regulators. We have helped organize more FDIC insured industrial banks than any other firm. We have assisted clients in corporate reorganizations, organization of subsidiaries, sale of securities, compliance issues and other matters relating to bank administration.

LEGISLATION

We also work extensively with state and federal legislators on legislative issues affecting financial institutions. Our lawyers have played important roles in drafting and obtaining enactment of state laws and regulations affecting consumer credit, institutional powers and authorities, and other regulatory matters.