Mortgage loan warehouse lending
Represented mortgage loan warehouse facility providers in connection with mortgage loan repurchase facilities, line of credit facilities and participation facilities.
Bank merger and acquisition transactions
Represented various community banks in buy-side and sell-side merger and acquisition transactions, including significant experience with competitive factors (antitrust) considerations.
Borrower-side representation
Represented various borrowers in commercial finance transactions, including transactions involving interest rate swaps.
LIBOR transition matters
Represented various lenders and borrowers in connection with the transition from LIBOR-based interest rates to rates based on other indices, including the Secured Overnight Financing Rate (SOFR), the Prime Rate, the Effective Federal Funds Rate, and Ameribor.
Bank holding company loans
Represented various lenders and borrowers in connection with loans to holding companies of commercial banks.
Mortgage servicing rights lending
Represented several lenders in connection with credit facilities secured by mortgage servicing rights, servicing advance receivables, and subservicing advance receivables.
Loan syndications and participations
Represented various lead and non-lead banks in syndicated loan transactions and loan participation transactions.
Commercial real estate lending
Represented commercial real estate lenders in connection with loans to fund the acquisition and/or development of various commercial projects, including hotel facilities and student housing apartments.
Bank capital matters
Represented numerous Alabama banks and bank holding companies in connection with stock and other capital offerings.
Bank holding company formation
Represented several Alabama banks in connection with bank holding company formations, including formation transactions involving debt considerations and dissenters' rights of appraisal.
Bank branching matters
Represented numerous Alabama banks in connection with branch openings, closings and relocations.
Correspondent banking services
Represented the correspondent banking division of an Alabama-based bank in connection with federal funds purchases and sales, funds transfer services and other correspondent banking activities.
Bank officer and director matters
Represented numerous banks in connection with changes in directors and senior executive officers, including assistance with regulatory applications and the preparation and negotiation of employment, severance and non-competition agreements.
Bank loans to affiliates and insiders
Represented numerous banks in connection with questions arising under Sections 23A and 23B of the Federal Reserve Act (affiliate transactions) and Federal Reserve Regulation O (insider transactions).
Shareholder materials
Represented numerous Alabama-based banks and bank holding companies in connection with annual and special shareholder meetings, the preparation of proxy materials, the preparation of 10-K and other public reporting materials, and related shareholder communications and considerations.
Equipment Finance
Represented an Alabama-based company in connection with its lease of equipment from several large financial institutions.
Letters of Credit
Represented various banks in connection with the preparation, negotiation, and issuance of letters of credit.
Control Agreements
Represented various lenders in connection with the preparation and negotiation of deposit account and securities account control agreements.
De novo bank formation
Represented several groups of bank organizers in connection with the formation of Alabama-chartered de novo banks. Representation included providing assistance with regulatory applications, securities offerings and related matters.
Purchases and sales of bank property
Represented a large financial institution in connection with numerous sales and purchases of branch sites.
Non-profit matters
Represented several lenders in loans to non-profit organizations.