Explore Our Capabilities

Financial Services

Overview

Financial institutions face heightened scrutiny and constantly changing regulations, so who they choose as their legal partners is a critical business decision. Whether your institution is seeking legal advice for financing transactions, compliance activities, intellectual property or litigation matters, Parker Poe can add value with effective, efficient counsel. Our Financial Services team has a deep understanding of the industry and a problem-solving approach to meeting our clients’ needs.

Parker Poe has a long history of providing legal services to international, national and regional financial institutions on a wide range of transactional, enforcement, tax and litigation matters. The scope of our experience covers the financial services industry spectrum, from the structuring, negotiating and closing of a wide range of loans and other financial transactions to the representation of financial institutions in bankruptcy and other enforcement proceedings. In all of the above, Parker Poe provides a balanced, pragmatic approach to achieving our clients’ objectives in a responsive, efficient manner.

Areas of Focus

Banking & Capital Markets

We represent community banks and major regional, national and international financial institutions. These clients include borrowers and investors whom we represent in the structuring, negotiating and closing of a wide range of loans and other financings and financial transactions. The attorneys in our banking and finance group provide a balanced and pragmatic approach to achieving our clients' business and financial objectives.

We represent major financial institutions in sophisticated lending and other financial transactions along with institutional borrowers, investors, project sponsors, manufacturers and developers in secured and unsecured corporate, commercial and real estate loans and other financial accommodations, including:

Financial Restructuring

Parker Poe's Financial Restructuring practice group combines strategic advice and practical skills in representing our clients. Our focus is to provide sound judgment and problem-solving skills that lead to efficient, effective resolutions for our clients. We have the transactional and litigation experience to anticipate and resolve the tough issues that arise in financial restructurings inside and outside bankruptcy court.

  • Our attorneys have significant experience in bankruptcy, reorganization & creditors' rights, foreclosure & loan servicing, secured creditor and debtor representation, creditor committee representation, purchaser representation, loan restructuring and workouts in a variety of industries, such as manufacturing, retail, hospitality, real estate, financial and health care.
  • We work with a wide array of clients in remedies enforcement, including commercial receiverships and foreclosures for lenders and servicers in North Carolina and South Carolina.


Related Professionals

Financial Services Litigation

Parker Poe has longstanding relationships with many national, regional and community banks, along with lenders, creditors, servicers, broker-dealers and insurance companies. Because of the experience and knowledge our attorneys have gained by representing these businesses, we are strongly positioned to help our clients in the financial services industry meet new challenges head on, including civil lawsuits.

Parker Poe’s Financial Services Litigation practice includes:

Offensive Litigation

  • All aspects of the collection of outstanding debts, including foreclosures, bankruptcies, receiverships, federal and state court collection actions, and arbitrations
  • Breach of contract claims against vendors that include claims on insurance policies and financial institution bonds
  • Intercreditor/participation agreement disputes

Defensive Litigation

  • Lender liability claims that include fraud, negligent misrepresentation, unfair and deceptive trade practices, breach of fiduciary duty, and breach of implied covenant of good faith and fair dealing
  • Commercial financial instruments litigation that include interest rate swaps/letters of credit
  • Bankruptcy adversary proceedings that include preference actions and fraudulent transfers
  • Retail banking claims defense that include litigation related to forged checks and invalid signature cards
  • Defense of claims challenging validity of bank collateral security interests
  • Consumer mortgage defense that include RESPA, TILA, ECOA, FDCPA, FCRA and wrongful foreclosure

Broker-Dealer Litigation

  • A full range of disputes and investigations impacting broker-dealers, including FINRA arbitrations and federal and state lawsuits involving the securities industry
    • Our experience includes FINRA industry disputes such as financial advisor promissory note cases, raiding and recruiting cases and broker employment cases
    • On the customer dispute side, our attorneys have extensive experience defending a variety of FINRA customer cases (and similar cases in the courts), alleging unsuitability, fraud, negligence, churning and failure to supervise, among other claims
  • Defense of insurance and annuity product cases that include class actions involving alleged misrepresentations in connection with the sale of life and disability insurance; lawsuits involving the denial of life insurance benefits; lawsuits alleging the sale of insurance products by “unauthorized” insurance carriers or otherwise in violation of state regulations

Related Professionals

Regulatory

Whether your business is facing a routine regulatory review or enforcement officers have launched an investigation, Parker Poe’s attorneys know how to respond. Our team regularly advises clients in reviews and investigations by many federal and state enforcement agencies. In particular, we have a long history of helping clients navigate supervision and investigation by the U.S. Department of Justice (DOJ), the Consumer Financial Protection Bureau (CFPB), the U.S. Securities and Exchange Commission (SEC), the Office of the Comptroller of the Currency (OCC) and various state Attorneys General.

Parker Poe’s clients run the gamut of the financial services industry, from the nation’s largest banks undergoing multi-state, multi-agency investigations to a small community bank sued in a family fight over a single account. The regulatory and white collar matters our team has advised on include:

  • Bank fraud
  • Class action litigation
  • Computer crimes and intrusions
  • Economic espionage
  • Fair lending compliance and enforcement
  • False Claims Act
  • Federal and state investigations
  • Foreign Corrupt Practices Act (FCPA)
  • Insider trading
  • Money laundering
  • Mortgage servicing compliance and enforcement
  • Responding to subpoenas both for financial institutions and their customers
  • Securities fraud and other securities violations
  • Shareholder derivative lawsuits
  • Student loan compliance and enforcement
  • Tax
  • Theft and embezzlement

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Professionals

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