Luse Gorman Serves as Legal Counsel to Valley Central Bank on its Proposed Merger With American Savings Bank

Posted by & filed under Transactions.

On February 1, 2019, Valley Central Bank and its mutual holding company, Valley Central, MHC, Liberty Township, Ohio, announced the execution of an agreement with American Savings Bank, Middletown, Ohio, pursuant to which American Savings Bank will merge with and into Valley Central Bank. Luse Gorman serves as legal counsel to Valley Central Bank and… Read more »

Luse Gorman Serves as Legal Counsel to Abington Bank in its Proposed Merger with Pilgrim Bank

Posted by & filed under Transactions.

On February 6, 2019, Abington Bank, Abington, Massachusetts, and Pilgrim Bank, Cohasset, Massachusetts, a member of the multi-bank mutual holding company, Hometown Financial Group, MHC, announced that Abington Bank will merge into Pilgrim Bank. Upon completion of the merger, the combined institution will have approximately $600 million in total assets and will operate as an… Read more »

John J. Gorman and Lawrence M. F. Spaccasi presented at the 2019 BankDirector Acquire or Be Acquired Conference in Phoenix, Arizona

Posted by & filed under Presentations.

John J. Gorman and Lawrence M. F. Spaccasi presented “Advance Planning for a Successful M&A Transaction” at the 2019 BankDirector Acquire or Be Acquired Conference in Phoenix Arizona.  The session addressed advance planning steps that are critical for a successful M&A transaction, for both a buyer and a seller and focused on measures that can… Read more »

Luse Gorman Again Receives Top Ranking for Mutual-to-Stock Conversions and Mutual Holding Company Reorganizations

Posted by & filed under Industry Alerts & Publications.

We are pleased to announce that Luse Gorman, PC has again received the No. 1 National Ranking as legal counsel for mutual-to-stock conversions and mutual holding company transactions, as reported by S&P Global Market Intelligence, for transactions completed in 2018. Luse Gorman has been the No. 1 ranked law firm for mutual-to-stock conversions and mutual… Read more »