Attorney And Partner | Banking And Financial Services
CurrentREPRESENTATIVE EXPERIENCE• H&R Block Bank's sale of assets and deposits to Bank of the Internet (BofI).• Prepaid card program management agreement for nationwide card issuer and program manager, including regulatory compliance• National programs and financings for Refund Advances, Refund Anticipation Loans, Refund Transfers, and other tax related products, including state RAL/RT facilitator licensing and disclosures • Compliance of online marketplace lending programs with state usury laws, loan broker and credit services organization laws, money transmitter laws and "true lender" issues• eBank’s recapitalization, and regulatory supervision and enforcement• Structuring of joint venture and financing programs between commercial banks and online lenders to address federal preemption, true lender, loans to one borrower, third party vendor and other regulatory concerns• Design of internet and storefront military lending program, including complex choice of state law matrix for out of state and joint loan applicants• Non-bank consumer loan origination, sale and servicing programs, including small loan lender and debt collector licensing, disclosures and compliance• Money transmitter and payment systems, including federal and state licensing and regulatory compliance• Retail installment sale and rent to own programs, including audits of competitor's programs• Defense of regulatory investigations and enforcement actions• Permitted activities of banks and bank holding companies• Bank and holding company mergers and acquisitions, and capital markets financing transactions• de novo bank charters
