James Stevens, co-leader of Troutman Pepper’s Financial Services Industry Group, was quoted in the December 5, 2024 S&P Global article, “Old National books rare share price gain after announcing large bank deal.”
Financial Services Blog
Analysis and commentary on financial services law, regulation, and business
Latest from Financial Services Blog - Page 2
What Is a Subchapter V Bankruptcy and How Does It Differ From a Traditional Chapter 11 Bankruptcy?
Subchapter V of Chapter 11 of the Bankruptcy Code offers a streamlined and cost-effective path to reorganization specifically designed for small businesses. Unlike traditional Chapter 11 cases, Subchapter V lacks certain creditor protections, which can place creditors at a disadvantage.…
SEC 2024 Enforcement Results: A Decline in Total Enforcement, but a Record-Breaking Recovery of Financial Remedies
On November 22, the Securities and Exchange Commission (SEC) announced its enforcement results for fiscal year (FY) 2024. As compared to FY 2023, the Division of Enforcement (the division) reported a 26% decline in the total volume of enforcement actions…
Troutman Pepper Assists Fintechs In Push Back on FDIC Brokered Deposit Proposed Rule
Troutman Pepper was recently engaged by the Financial Technology Association (FTA) to draft its response to the Federal Deposit Insurance Corporation’s (FDIC) Request for Comment on its Brokered Deposit Notice of Proposed Rulemaking.…
Trump’s FDIC Has Work Cut Out For it in Repairing Culture
Troutman Pepper partner, Alexandra Steinberg Barrage, was quoted in the November 19, 2024 American Banker article, “Trump’s FDIC has work cut out for it in repairing culture.”…
FDIC Extends Comment Period for Proposed Rule on Recordkeeping for Third-Party Deposits
In a previous post, we discussed the Federal Deposit Insurance Corporation’s (FDIC) notice of proposed rulemaking aimed at enhancing recordkeeping for bank deposits received from fintech and other third-party, non-bank companies. The proposed rule initially set a public comment…
I Just Learned My Customer Filed for Bankruptcy – Can I Stop the Shipment of Goods?
When a customer files for bankruptcy, sellers may wonder if they can stop the shipment of goods. While the Bankruptcy Code does not explicitly permit this, the Uniform Commercial Code (UCC) provides guidelines under Sections 2-702, 2-703, and 2-705. Sellers…
Troutman Pepper Partner James Stevens will be a featured speaker during the ETA TRANSACT Tech — Atlanta event on Thursday, November 14, 2024.
During the event, industry leaders and experts will discuss emerging technologies like Artificial Intelligence (AI) and business-to-business (B2B), and provide updates on faster payments developments and policy changes at both federal and state levels. James, alongside Ali Cook, a Corporate…
Watch: Why Financial Services Providers Turn to Troutman Pepper
Troutman Pepper is invested in financial services. We have 250+ attorneys advising 800+ clients in the sector. See how we are invested in their success with our latest highlights video.…
ABA’s Banking Law Committee Meeting
Troutman Pepper Partner Alex Barrage will be a featured speaker during the ABA’s Banking Law Committee Meeting, on January 10, 2025, at 2 p.m.…