Offering COUNSELING AND TRANSACTIONAL SERVICES to financial institutions, our specialized banking attorneys assist with regulatory issues and financial transactions.

REGULATORY ADVICE

For financial institutions, including bank and savings and loan holding companies, banks, savings associations, and credit unions, our attorneys represent clients in regulatory issues involving the:

• Board of Governors of the Federal Reserve System
• Office of the Comptroller of the Currency
• Iowa Division of Banking
• Federal Deposit Insurance Corporation
• Office of Thrift Supervision

BANKING ISSUES AND TRANSACTIONS

Our banking attorneys handle a full range of legal representation including issues related to:

• Bank charters
• Transactions with affiliates
• Tying
• Change in control
• Community reinvestment activities
• Management interlock waiver/exemption requests
• Acquisition activities, including unit bank and bank holding acquisitions, mergers, office acquisitions, and whole-bank purchase and assumption transactions.
• Single-bank and syndicated financings
• Secured and unsecured loans
• Intercreditor relationships
• Related participations and subordinations

We assist lender and borrower clients in all types of business transactions, including:

• Subordinated debt financings in mergers and acquisitions transactions
• Equipment finance leasing transactions
• Simple lending transactions between companies and individuals or among individuals
• Restructuring problem loans
• Workouts

CROSS-PRACTICE ASSISTANCE

When appropriate, our specialized banking attorneys work closely with attorneys in our other specialties to serve the client’s interests fully, effectively, and efficiently:

• Alternative Energy, Renewable Fuels & Public Utilities
• Banks & Financial Institution Litigation
• Business Organizations
• Construction & Real Estate Litigation
• Corporate Finance, Venture Capital & Securities
• Creditor Rights & Bankruptcy
• Environmental
• Franchise & Distribution
• Litigation
• Mergers & Acquisitions
• Real Estate

CLIENT REPRESENTATION

Our banking attorneys use specialized banking and secured transaction experience to represent a range of clients:

• General representation of community banks, state banks, national banks, and federal savings associations in connection with regulatory compliance, operations, and merger and acquisition activity.
• Represent financial institutions in change-of-control applications.
• Represent financial institutions on issues involving management interlocks and filings.
• Represent out-of-state bank holding companies in connection with compliance matters within the state of Iowa.
• Represent large commercial banks in connection with both secured and unsecured lending transactions ranging from $5 million to in excess of $200 million and involving borrowers in a wide variety of industries, including:
• $250 million, $175 million, and $150 million term and revolving credit facilities with JP Morgan (borrower’s counsel).
• $40 million credit facilities for operating and acquisition financing of national rendering business (borrower’s counsel).
• Iowa counsel for wind energy project owner in $75 million multi-state upstream financing of wind energy projects (borrower’s counsel).
• $35 million credit facility for Midwest retailer consisting of revolving credit, term credit, convertible term credit, and construction loan (lender’s counsel).
• $30 million revolving and term credit facilities for acquisition financing and operating line of credit (borrower’s counsel).