Luse Gorman, PC is pleased to announce that in 2017 we were the No. 1 legal advisor in the nation for common stock and subordinated debt offerings by financial institutions, as reported by S&P Global Market Intelligence (formerly SNL Financial).
Read More...Luse Gorman PC is pleased to announce that once again we were the No. 1 legal advisor in the nation for bank merger and acquisition transactions as reported by SNL Financial.
Read More...On December 22, 2017, the president signed into law the Tax Cuts and Jobs Act (the “Act”). The Act includes a permanent reduction in the maximum corporate income tax rate from 35% to 21% effective for tax years beginning after December 31, 2017.
Read More...On December 13, 2017, Orange Bank & Trust Company (“Orange Bank & Trust”), Middletown, New York, the wholly-owned subsidiary of Orange County Bancorp, Inc. (“Orange County Bancorp”), entered into an agreement pursuant to which Orange Bank & Trust will sell its Fishkill, New York branch to Salisbury Bank and Trust Company, Lakeville, Connecticut, the wholly-owned subsidiary of Salisbury Bancorp, Inc.
Read More...On December 11, 2017, Union Savings and Loan Association (“Union”), New Orleans, Louisiana, and Hibernia Bancorp, Inc. (“Hibernia Bancorp”), New Orleans, Louisiana, entered into a definitive merger agreement pursuant to which Union will acquire Hibernia Bancorp and its wholly-owned subsidiary, Hibernia Bank, with Union as the resulting institution.
Read More...