Reinhart’s Financial Institutions group provides a complete suite of legal services regionally and nationally to banks, holding companies, finance companies, thrifts and other providers of financial services. We help our clients with all of their operational and strategic needs, including mergers and acquisitions, IPOs, branch purchases, capital offerings, shareholder management issues, corporate governance, regulatory compliance concerns and Consumer Financial Protection Bureau supervision and examinations. Reinhart’s attorneys have been involved in the organization of more than 15 de novo banks in Wisconsin that have been approved by regulators.
Our clients turn to us to manage sophisticated issues and transactions, relying on our experience across all practice areas at a time of heightened regulation and complexity in the industry. Increasingly, financial products and services are being delivered by companies other than banks and financial institutions, and Reinhart’s Financial Institutions team has the experience to deliver sound legal counsel to these organizations, too. For example, we recently have counseled tribal internet lenders as well as other non-traditional lenders and providers of mobile payment products.
The Financial Institutions team complements the firm’s Commercial Lending group to deliver southeast Wisconsin’s most comprehensive range of banking and financial industry legal services.
Nineteen mergers or acquisitions involving Wisconsin-based banks were announced in 2016. Reinhart’s John Reichert commented on what is contributing to the increase in bank mergers and what’s being done in response.
In an interview with the Wisconsin Banker, Reinhart’s John Reichert discussed how 2015 was Wisconsin’s most active year for merger and acquisition activity in the banking industry in recent history, and what the implications for such activity are.
Reinhart shareholder John Reichert offered his banking industry expertise for a Milwaukee Journal Sentinel article, commenting on the possibility of community bank takeovers by credit unions.
This article briefly discusses what captive insurance subsidiaries (“captives”) are and how they operate, and what the principal benefits are for a banking group to form a captive.
To protect lenders from breach of promise claims, Wisconsin legislature recently created section 241.02(3) of the Wisconsin Statutes, which took effect December 18, 2015.
FDIC cautions banks about the risks of alternative, nonbank lenders and imposes additional requirements on banks purchasing interests in loans.