Bank Mergers and Acquisitions: Increased Regulatory Demands, Overcoming Capital Requirement Hurdles, Recent Trends
This program is cancelled
A live 90-minute premium CLE video webinar with interactive Q&A
This CLE course will discuss current trends in bank M&As, the legal and regulatory hurdles that must be considered including recent regulatory developments, the different ways banks can approach and structure a merger or consolidation deal, and best practices for due diligence.
Outline
- Current trends and opportunities in bank M&As
- Legal and regulatory issues in bank M&A deals, including recent rulemaking by the OCC and other federal regulators
- Due diligence in a bank acquisition
- General framework of a merger agreement
- Pricing and consideration--cash vs. stock, or combination
- Exchange ratio adjustments
- Bank specific reps and warranties
- Bank specific covenants
- Closing conditions
- Termination provisions
Benefits
The panel will review these and other material questions:
- What are the key drivers behind bank mergers and consolidations?
- What are the legal and regulatory issues to consider in a bank M&A deal and how will recent rulemaking by federal regulators impact transactions going forward?
- What are the reps and warranties and covenants to include in merger documents?
- What are the most effective due diligence strategies for parties on both sides of a bank merger deal?
Faculty
Sanford M. Brown
Partner, Co-Chair Financial Services Group
Alston & Bird
Mr. Brown counsels and represents financial institutions and specialty finance companies, as well as their shareholders... | Read More
Mr. Brown counsels and represents financial institutions and specialty finance companies, as well as their shareholders and holding companies, in matters involving state and federal banking laws, regulations and enforcement actions; in corporate transactions, such as mergers, acquisitions, securities offerings, holding company formations and Subchapter S corporation elections; and in matters involving privacy and identity theft. He previously served in the Office of the Comptroller of the Currency where his responsibilities included a wide range of matters relating to the regulation of national banks.
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Mark C. Kanaly
Partner, Co-Chair Corporate Practice
Alston & Bird
Mr. Kanaly represents corporate clients, with a focus on players in the financial services arena. He assists these... | Read More
Mr. Kanaly represents corporate clients, with a focus on players in the financial services arena. He assists these companies with mergers and acquisitions, IPOs, public and private capital raising transactions, corporate governance, and a host of related regulatory matters. Throughout the economic cycle, Mr. Kanaly has worked on some of the most innovative and recognized transactions in the country. Additionally, he regularly counsels boards of directors regarding strategic planning, regulatory entanglements, and internal corporate governance matters. Mr. Kanaly's active involvement in a number of industry organizations leads to frequent speaking roles and awareness of emerging issues on the horizon.
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Clifford S. Stanford
Partner
Alston & Bird
Mr. Stanford leads the Firm's Bank Regulatory Team, providing experienced advice and strategic counsel to U.S. and... | Read More
Mr. Stanford leads the Firm's Bank Regulatory Team, providing experienced advice and strategic counsel to U.S. and foreign banks and nonbank financial services companies on the full array of regulatory concerns affecting the banking, financial services and payments industries. Previously, during his 15-year tenure at the Federal Reserve Bank of Atlanta, he served as assistant general counsel advising on banking regulation, payments law, commercial contracting, intellectual property and employment law matters. He was also the responsible officer for the Atlanta Fed’s bank applications and enforcement functions and was founding director of the Retail Payments Risk Forum.
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