Financial Services

McGuireWoods represents banks, bank holding companies, trust companies and other financial institutions in a full range of corporate, lending and regulatory compliance matters. We advise clients in corporate transactions such as mergers, acquisitions, joint ventures, and sales of assets and companies, as well as day-to-day matters involving intellectual property, employee benefits, and labor and employment law. Our experienced banking and finance team provides guidance on commercial and real estate loan transactions, consumer lending advice, organization of proprietary mutual funds, asset securitizations, corporate finance and securities-related transactions.

Following the recent spate of highly publicized financial and accounting scandals — and the corresponding increase in government oversight — compliance with banking and consumer finance regulations has become more important than ever. We advise clients on state and federal securities and consumer credit law compliance, and in the areas of regulatory and governmental relations, securitization of receivables, secured and unsecured product development, consumer insurance, and all other consumer credit-related areas.

In the area of consumer finance, our experienced litigators have handled individual and class action litigation arising in the context of credit cards, mortgage loans, mobile home loans and other consumer loans, both secured and unsecured, as well as consumer retail transactions involving automobiles and other consumer goods and services. McGuireWoods’ litigation experience also extends to related areas, including data privacy, debt collection, credit reporting, consumer bankruptcy and all types of commercial litigation.

With creditors’ rights and bankruptcy lawyers located in many of the firm’s offices, we represent debtors and lenders in loan workouts, bankruptcies, restructurings and related litigation across the country. In connection with problem credits, we serve as counsel to many of the primary lenders in the United States. We also have substantial experience as bankruptcy counsel to public and nonpublic companies that either file for bankruptcy relief or are considering a consensual resolution to financial issues. We frequently serve as counsel to indenture trustees and creditors committees, and have substantial depth representing clients in the acquisition of assets from companies experiencing financial difficulties.

McGuireWoods has one of the largest public finance practices in the mid-Atlantic region. The firm has represented numerous financial institutions, investment banking firms, financial advisors and underwriters in connection with tax-exempt financings. Our relationship with both regional and national financial institutions and underwriters is an important asset to our clients. Our public finance lawyers have participated in presentations by issuers to rating agencies and have assisted issuers in obtaining ratings for a wide variety of financing structures, including issues that have received the highest rating from rating agencies.

We closely monitor industry trends and regulatory developments and are active in various organizations, including the Securities Industry Association Legal and Compliance Division, National Society of Compliance Professionals, American Bar Association Litigation and Business Sections, and local bar associations. Our lawyers regularly speak at securities seminars and conferences and publish topical articles. Certain members of the practice team are FINRA- and AAA-approved arbitrators and mediators.

Results 1-20 of 107
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RESULTS DEPEND ON A VARIETY OF FACTORS UNIQUE TO EACH CASE. PRIOR RESULTS DO NOT GUARANTEE OR PREDICT A SIMILAR OUTCOME.

Representative Matter

CFPB enforcement action

Represent servicer in defending against a CFPB enforcement action related to marketing service agreements and allegations of deceptive practices, RESPA, FCRA, and Regulation N violations.
Representative Matter

Acquisition of a contract management firm

Representation of a leading foodservice and support services company in its acquisition of a major independent contract management firm.
Representative Matter

Successful defense of Fortune 200 financial institution in breach of contract MDL

Representation of a Fortune 200 financial institution in a breach of contract multi-district litigation relating to an interest rate increase on more than 30 million of its credit card accounts. The plaintiffs alleged breach of contract, breach of the implied duty of good faith and fair dealing, unjust enrichment, violations of the Truth in Lending Act (TLA), and more. With cases filed across the country, the matter was consolidated to the Northern District of Georgia. We prevailed on summary judgment on all claims, and the 11th Circuit affirmed on appeal.
Representative Matter

Represented a North Carolina bank holding company in a merger agreement

Represented a North Carolina bank holding company in the execution of its merger agreement to acquire a Virginia bank holding company for approximately $82.5 million.
Representative Matter

Fortune 100 Credit Facility to Sports Management Organization

Representation of major financial institution, as administrative agent, on credit facility to a organization providing sales, marketing and project management related to the sports division of a major university.
Representative Matter

Fortune 100 MLB Cash Flow Loan

Representation of Bank of America, as administrative agent, on acquisition loan and cash flow loan facilities to the Houston Astros.
Representative Matter

Investment in a manufacturer and distributor of laboratory equipment

Representation of a F.N.B. Capital Partners in connection with its investment in a manufacturer and distributor of laboratory equipment.
Representative Matter

Settled an alleged $225 million fraud class action in duplicitous lawyer's plans to defraud investor

Representation of a financial institution in a class action lawsuit filed by foreign investors related to an alleged $225 million fraud scheme orchestrated by an attorney who allegedly deposited the investment funds into various attorney trust accounts with bank and proceeded to use those funds to pay unrelated premium obligations or to pay out money to other investors and participants in the scheme. Plaintiffs, purporting to represent all 1,000+ investors, alleged that the bank failed to properly investigate the nature of the trust accounts, and failed to properly monitor and investigate the money movement between the accounts. After 18 months of litigation, the case settled on terms favorable for the client.
Representative Matter

Fortune 100 financial institution

Serving as co-lead national counsel to Fortune 100 financial institution for its single-plaintiff employment litigation in Virginia, West Virginia, North Carolina, South Carolina, Pennsylvania, Ohio, Indiana, Arkansas, Oklahoma, Texas, New Mexico, Arizona and California.
Representative Matter

CFPB investigation

Represent a half dozen employees of a major financial institution in responding to a CFPB investigation into kickbacks between a lender and a title company in violation of RESPA.
Representative Matter

Executive confidence on the line in securities fraud case for insurance client

Representation of a financial institution in a securities fraud case in which the plaintiffs allege that the company, and specifically its CEO and CFO, made fraudulent statements about the adequacy of certain reserves. This suit attacks the viability of the business as well as the competence of executive management.
Representative Matter

Fortune 200 bank

Representation of a Fortune 200 bank in connection with investigations by the United States Department of Justice and Comptroller of the Currency related to alleged violations of the Servicemembers Civil Relief Act.  Negotiated Consent Orders with both agencies and continue to assist the bank in fulfilling the associated remediation requirements under the Consent Orders.
Representative Matter

Novel consent arguments result in favorable class action settlement brought against auto finance company under TCPA

Favorably settled a putative class action brought under the Telephone Consumer Protection Act alleging that a leading auto finance company failed to obtain prior express consent before making automated calls to the cell phones of the references listed by the borrowers in their loan applications, raising novel issues regarding “consent by intermediary,” i.e., whether the references authorized the borrowers to provide their cell phone numbers.
Representative Matter

Fortune 100 MLB team Credit Facility

Representation of a Fortune 100 financial institution, as administrative agent, on acquisition loan and cash flow facilities to MLB team.
Representative Matter

Fortune 100 NBA stadium upgrade loan

Representation of a Fortune 100 financial institution, as administrative agent, on term loan facility for NBA stadium upgrades.
Representative Matter

Fortune 100 NFL stadium loan

Representation of a Fortune 100 financial institution, as administrative agent, on construction loan for a new NFL stadium.
Representative Matter

Raymond James and Associates

Counsel to Raymond James and Associates as financial advisor to Frisch’s Restaurants, Inc. in its $175 million sale to an affiliate of NRD Partners.
Representative Matter

Manchester United 2013 Term Loan Facility

Representation of Bank of America Merrill Lynch International, as administrative agent, on term loan facility to Manchester United.
Representative Matter

Representation of a Fortune 100 financial institution in employment class action

Representation of a Fortune 100 financial institution in a financial services employment class action concerning whether background check authorization forms administered to several hundred thousand job applicants complied with the Fair Credit Reporting Act (FCRA). We prevailed on all claims on summary judgment.
Representative Matter

Fortune 100 NHL stadium loan

Representation of a Fortune 100 financial institution, as administrative agent, on a construction loan for a new NHL stadium.
Results 1-20 of 107
Results 1-25 of 334
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Amanda Abshire Amanda West Abshire
Associate
201 North Tryon Street
Suite 3000
Charlotte, NC 28202-2146
Email
T: +1 704 343 2196
F: +1 704 444 8764
vCard
Arthur E Anderson II Arthur E. Anderson II
Partner
Gateway Plaza
800 East Canal Street
Richmond, VA 23219-3916
Email
T: +1 804 775 4366
F: +1 804 698 2006
vCard
Hubert André-Dumont Hubert André-Dumont
Partner
rue des Colonies 56 - box 3
1000 Brussels
Email
T: +32 2 629 42 60
F: +32 2 629 42 22
vCard
Franklin D Annand Franklin D. Annand
Associate
2001 K Street N.W.
Suite 400
Washington, DC 20006-1040
Email
T: +1 202 857 1755
F: +1 202 857 2959
vCard
Victoria Leigh Archer
Counsel
EQT Plaza
625 Liberty Avenue
23rd Floor
Pittsburgh, PA 15222-3142
Email
T: +1 412 667 7902
F: +1 412 667 7966
vCard
A. Carter Arey A. Carter Arey
Senior Counsel
201 North Tryon Street
Suite 3000
Charlotte, NC 28202-2146
Email
T: +1 704 343 2241
F: +1 704 444 8818
vCard
Bradley S Austin Bradley S. Austin
Partner
201 North Tryon Street
Suite 3000
Charlotte, NC 28202-2146
Email
T: +1 704 373 8992
F: +1 704 373 8840
vCard
Alicia A. Baiardo
Associate
505 Sansome Street
Suite 700
San Francisco, CA 94111
Email
T: +1 415 844 1973
F: +1 415 844 1916
vCard
Ilene A Bailey Ilene A. Bailey
Counsel
7 Saint Paul Street
Suite 1000
Baltimore, MD 21202-1671
Email
T: +1 410 659 4449
F: +1 410 659 4478
vCard
Joel Bannister Joel Bannister
Associate
2000 McKinney Avenue
Suite 1400
Dallas, TX 75201
Email
T: +1 214 932 6412
F: +1 214 932 6499
vCard
Sarah H Barcellona Sarah H. Barcellona
Attorney
201 North Tryon Street
Suite 3000
Charlotte, NC 28202-2146
Email
T: +1 704 343 2036
F: +1 704 444 8830
vCard
Patricia Bates Patricia L. Bates
Associate
1345 Avenue of the Americas
7th Floor
New York, NY 10105-0106
Email
T: +1 212 548 2164
F: +1 212 715 6261
vCard
Evan Bayh Evan Bayh
Partner
2001 K Street N.W.
Suite 400
Washington, DC 20006-1040
Email
T: +1 202 828 2825
F: +1 202 828 3331
vCard
R. R. Locke Beatty R. Locke Beatty
Associate
201 North Tryon Street
Suite 3000
Charlotte, NC 28202-2146
Email
T: +1 704 343 2244
F: +1 704 353 6160
vCard
Thomas Becket Thomas L. Becket
Partner
1800 Century Park East
8th Floor
Los Angeles, CA 90067-1501
Email
T: +1 310 315 8220
F: +1 310 956 3120
vCard
Marshall Beil Marshall Beil
Counsel
1345 Avenue of the Americas
7th Floor
New York, NY 10105-0106
Email
T: +1 212 548 7004
F: +1 212 715 2319
vCard
Kenneth D Bell Kenneth D. Bell
Partner
201 North Tryon Street
Suite 3000
Charlotte, NC 28202-2146
Email
T: +1 704 373 4620
F: +1 704 373 8836
vCard
Andy Bernardini Andrew N. Bernardini
Attorney
201 North Tryon Street
Suite 3000
Charlotte, NC 28202-2146
Email
T: +1 704 373 4616
F: +1 704 373 8824
vCard
Thomas M Beshere Thomas M. Beshere
Counsel
Gateway Plaza
800 East Canal Street
Richmond, VA 23219-3916
Email
T: +1 804 775 1004
F: +1 804 698 2193
vCard
Eric Bilik R. Eric Bilik
Partner
Bank of America Tower
50 North Laura Street
Suite 3300
Jacksonville, FL 32202-3661
Email
T: +1 904 798 2685
F: +1 904 360 6304
vCard
William J Boddy William J. Boddy
Associate - Solicitor Advocate
11 Pilgrim Street
London EC4V 6RN
United Kingdom
Email
T: +44 20 7632 1625
F: +44 20 7632 1638
vCard
J. William Boland J. William Boland
Partner
Gateway Plaza
800 East Canal Street
Richmond, VA 23219-3916
Email
T: +1 804 775 4374
F: +1 804 698 2015
vCard
Brennan W. Bolt
Partner
Promenade
1230 Peachtree Street, N.E.
Suite 2100
Atlanta, GA 30309-3534
Email
T: +1 404 443 5725
F: +1 404 443 5768
vCard
Ryan Bonistalli Ryan E. Bonistalli
Associate
Gateway Plaza
800 East Canal Street
Richmond, VA 23219-3916
Email
T: +1 804 775 1014
F: +1 804 698 2036
vCard
Alex J Brackett Alex J. Brackett
Partner
Gateway Plaza
800 East Canal Street
Richmond, VA 23219-3916
Email
T: +1 804 775 4749
F: +1 804 698 2089
vCard
Results 1-9 of 9
Event

Top 10 Estate Planning and Estate Tax Developments of 2015

January 26, 2015
Charlotte, NC
Speaking Engagement

National Advanced Summit on Swaps & Derivatives: Global Markets Regulation

June 29-30, 2015
New York, NY
Speaking Engagement

2015 Mergers & Acquisitions Conference

February 26, 2015
Chicago, IL
Speaking Engagement

The 3rd Annual European Offshore Alert Financial Intelligence & Investigations Conference

Litigation Funding: A Look At The Industry

November 10, 2014
London
Event

Community Banking and Cyber Risk Management

Legal, Regulatory, Litigation and Insurance Issues

September 17, 2014
Chicago, IL
Speaking Engagement

The 22nd Annual Southwest Bankruptcy Conference

Financing Strategies

September 5, 2014
Las Vegas, NV
Speaking Engagement

Operations & Technology Conference

May 13-14, 2014
Charlottesville, VA
Speaking Engagement

Reform and Regulation of Derivative Transactions

American Conference Institute’s 2nd National Advanced Summit

January 14-15, 2014
Washington, DC
Results 1-9 of 9
Results 1-20 of 173
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Legal Alert

Parties in PHH Case Argue the Impact of Recent Supreme Court Decision

Subject to Inquiry
July 5, 2016
Legal Alert

To BREXIT or Not to BREXIT? That is the Question.

But What are the Consequences?

June 21, 2016
Legal Alert

CFPB Proposes Rule on Small Dollar Lending

Subject to Inquiry
June 15, 2016
Legal Alert

CFPB Sues Payment Processor for Facilitating Fraudulent Transactions

Subject to Inquiry
June 9, 2016
Legal Alert

CFPB’s Vehicle Title Loan Report Signals Future Proposed Rule

Subject to Inquiry
June 1, 2016
Legal Alert

R&I Update: Hot Topics in Oil and Gas Restructurings, Volume 3

Yes, Gathering Agreements Can Be Rejected as Executory Contracts (At Least Under One Court’s Interpretation of Texas Law)

May 19, 2016
Legal Alert

CFPB Announces Plan to Promulgate Key Mortgage Disclosure Rule

Subject to Inquiry
May 16, 2016
Legal Alert

Oral Arguments in PHH Case Signal Trouble for CFPB

Subject to Inquiry
April 14, 2016
Legal Alert

Casino AML: FinCEN Fines Former Sparks Nugget Management $1 Million

Subject to Inquiry
April 7, 2016
Legal Alert

CFPB’s First-Ever Data Security Enforcement Action

Subject to Inquiry
March 17, 2016
Legal Alert

CFPB Announces Two-Year Policy Priorities

March 15, 2016
Results 1-20 of 173