Luse Law Office - In the News

In the News



	Luse Gorman Pomerenk & Schick, P.C. 5335 Wisconsin Avenue, NW Suite 780 Washington, D.C. 20015 Phone: 202.274.2000 Fax: 202.362.2902

[2012-01-01]

Luse Gorman receives No. 1 National Ranking for whole bank and thrift acquisitions in 2011.

Luse Gorman was ranked the No. 1 legal adviser nationally for whole bank and thrift merger and acquisition transactions with ten acquisitions during the year, as reported by SNL Financial. Complete rankings may be found here.

[2011-12-13]

Norma Sharara to give presentation at the Pennsylvania Community Bankers Compliance Seminar in Harrisburg, PA.

Norma Sharara will present on ERISA plan audits and compliance issues of particular concern to the IRS and DOL currently in the context of audits of financial institution's benefit plans.

[2011-12-12]

Beverly White spoke at the 2^nd Annual Stern Agee M&A Symposium

Beverly White spoke on “Executive Compensation Planning and Challenges for M&A Transactions in the New Compensation Environment” in Palm Beach, Florida on December 12, 2011. Her presentation walked the audience through various compensation traps, including excess parachute payment excise taxes, the effect of IRS’ nonqualified deferred compensation rules on change in control payments, TARP restrictions affecting executive compensation and the FDIC golden parachute rules governing compensation paid by institutions designated “in troubled condition.” She also discussed the new Dodd-Frank stockholder advisory votes on golden parachute payments and the new termination payments table. A copy of the presentation can be found here.

[2011-11-11]

Eric Luse spoke at the New York Bankers Association Financial Services Forum in New York City

Eric Luse spoke on ‘What’s Ahead for Mergers and Acquisitions’ at the New York Bankers Association Financial Services Forum in New York City on November 11, 2011. His presentation also considered how acquirers and targets should prepare themselves for an M&A transactions and new strategies for getting deals approved and completed in the post Dodd-Frank environment.

[2011-11-07]

Norma Sharara presented at Bank Director Magazine's Annual Conference "Bank Executive and Board Compensation" in Chicago, IL.

Norma Sharara was a panelist for the "Below the Top: Pay for the Non-Executive Suite" main session presentation and "Risk-Weighted Compensation Plans" breakout session for private/thinly traded banks. Ms. Sharara also served as an advisor to the all-day "Bank Compensation Committee Peer Exchange" for private/thinly traded banks, consisting of compensation committee chairs and human resources officers.

[2011-11-01]

Luse Gorman has submitted comment letters to the Federal Reserve Board.

Luse Gorman has submitted comment letters to the Federal Reserve Board on new holding company regulations, including the Federal Reserve Board’s Interim Final Rule on mutual holding company dividend waivers. A copy of the letter can be found here.

[2011-10-20]

Richard Garabedian presented at the Brick and Associates Strategic Conference at Mohegun Sun Casino and Resort in Uncasville, Connecticut.

Richard Garabedian presented on the new National Credit Union Administration fiduciary duty rules for federal credit union directors.

[2011-09-15]

Richard Garabedian presented at the Brick and Associates Strategic Conference in East Lansing, Michigan.

Richard Garabedian presented on the new National Credit Union Administration fiduciary duty rules for federal credit union directors.

[2011-08-26]

Lawrence M.F. Spaccasi presented at the Pennsylvania Association of Community Bankers Annual Convention in Lake Tahoe, Nevada.

Lawrence M.F. Spaccasi spoke on "Capital Raising and Strategic Planning - Post Dodd-Frank." Mr. Spaccasi focused on the new laws and regulations affecting strategic planning matters, such as mergers and acquisitions, the changing regulatory capital requirements and raising capital through different structures in today's market and regulatory environment. Mr. Spaccasi also focused on the new compensation regulations application to financial institution and their affect on M&A.

[2011-08-04]

Richard Garabedian and Kent Krudys presented at the National Directors' Convention in Las Vegas, Nevada.

Richard Garabedian and Kent Krudys, together with Janice Hollar of RP Financial, presented on the Legal and Financial Ramifications of Mergers and Acquisitions for credit unions. Messrs. Garabedian and Krudys focused on the new fiduciary rules for credit union directors and the new NCUA disclosure rules for mergers.

[2011-07-14]

Richard Garabedian presented at the Brick and Associates Strategic Conference in East Lansing, Michigan.

Richard Garabedian presented on the new National Credit Union Administration fiduciary duty rules for federal credit union directors.

[2011-06-16]

Richard Garabedian presented at the Brick and Associates Strategic Conference in Las Vegas, Nevada.

Richard Garabedian presented on the new National Credit Union Administration fiduciary duty rules for federal credit union directors.

[2011-06-02]

Norma Sharara and Jeffrey Cardone presented at the Pennsylvania Community Bankers Association Directors Conference in Bedford Springs, PA.

Norma Sharara and Jeff Cardone presented "ERISA Fiduciary Bootcamp for Directors" focusing on educating directors about their ERISA fiduciary duties and how to minimize personal liablity and manage risk exposure.

[2011-05-19]

Norma Sharara and Jeffrey Cardone presented at the Pennsylvania Community Bankers Association Human Resources Conference in Harrisburg, PA.

Norma Sharara and Jeff Cardone presented "How to Survive a DOL Audit," which was a case-study of an actual ERISA plan audit, from start to finish, with an emphasis on how to avoid pitfalls along the way.

[2011-05-14]

Eric Luse was a speaker on “Dodd-Frank Implementation” at the New Jersey Bankers Association 107th Annual Conference on May 14 at the Fairmont Turnberry Isle Resort & Club in Aventura, Florida.

Eric Luse discussed the implementation of the Dodd-Frank Act and the challenges it presents to community bankers. He considered some of the practical as well as legal implications of the merger of the OTS into the Comptroller of the Currency, and the Federal Reserve Board’s assumption of authority to regulate all bank and thrift holding companies. The discussion also included the Consumer Financial Protection Bureau and the compliance, enforcement and cost considerations associated with the creation of the new bureau.

[2011-03-21]

Eric Luse and Kent Krudys presented at the Mutual Institution session at the ICBA Annual Convention in San Diego.

Eric Luse and Kent Krudys presented at the Mutual Institution session at the ICBA Annual Convention in San Diego on March 21, 2010. The presentation included (1) an overview of Dodd-Frank and its impact on mutual institutions, (2) the alternative corporate structures available to mutual institutions, (3) practical corporate governance issues currently facing mutual institutions and (4) an overview of mutual-to-mutual business combinations.

A pdf of the PowerPoint is attached.

In addition, at the same conference, Eric Luse also presented at the Mutual Institution "Round Table" Discussion regarding Dodd-Frank and the impact of the sunset of the OTS.

[2011-02-07]

Richard Garabedian presented at the Metropolitan Area Credit Union Management Association Director Training Session in Rosslyn, Virginia.

Richard Garabedian presented on the new National Credit Union Administration fiduciary duty rules for federal credit union directors.

[2011-01-31]

Eric Luse and John Gorman presented at the Bank Director's Acquire or Be Acquired Conference.

Eric Luse and John Gorman gave a presentation on Management and Board Responsibilities in the M&A Process at the Bank Director's Acquire or Be Acquired Conference on January 31, 2011 in Scottsdale, Arizona. .

[2011-01-09]

Richard Garabedian presented at the Metropolitan Area Credit Union Management Association Dinner Meeting in Rosslyn, Virginia.

Richard Garabedian presented on the new National Credit Union Administration fiduciary duty rules for federal credit union directors.

[2010-05-11]

Luse Gorman received number one ranking for whole bank and thrift acquisitions in 2009.

Luse Gorman was ranked the number one legal adviser for whole bank and thrift merger and acquisition transactions in 2009. The firm was lead counsel on six acquisitions with an aggregate deal value of $293.7 million as reported in the SNL Financial Institutions Deal Book. In 2008, Luse Gorman received the number one ranking by SNL based on total number of whole bank and thrift acquisitions..

[2010-05-10]

Eric Luse spoke on regulatory reform legislation at the New Jersey Bankers 2010 Annual Convention.

Eric Luse spoke on the Financial Reform legislation currently pending in Congress and its likely impact on community banks in America. His presentation focused, in particular, on how the legislation will affect chartering and regulation of community banks. .

[2010-03-02]

Luse Gorman was number one in bank and thrift stock offerings in 2009.

Luse Gorman was the number one firm in the nation in total stock offerings by community banks in 2009 as reported in SNL Financial. .

[2010-02-23]

Lawrence Spaccasi spoke on Regulatory Reform Affecting Mutual Banks and Mutual Holding Companies at the Massachusetts Bankers Annual Mutual Bank Mergers and Acquisitions.

Lawrence Spaccasi spoke on Regulatory Reform Affecting Mutual Banks and Mutual Holding Companies at the Massachusetts Bankers Annual Mutual Bank Mergers and Acquisitions on February 23, 2010. Mr. Spaccasi discussed the overall regulatory reforms that have been proposed to date, the expected timing of reforms and the specific provisions of the recently approved House Bill HR 4173 - Wall Street Reform and Consumer Protection Act of 2009 that may affect mutual financial institutions.