INDUSTRIES & PRACTICES

the financial forefront

Banking & Financial Institutions
DORSEY WAS FOUNDED IN 1912 TO SERVE A BANK’S NEED FOR OUTSIDE COUNSEL. BANKS AND OTHER FINANCIAL INSTITUTIONS CONTINUE TO INSPIRE OUR SERVICE OFFERINGS OVER 100 YEARS LATER.

Overview

Clients turn to Dorsey to help stay ahead of competition and trends, complete the financings needed to gain market share and protect critical financial interests.

More than 250 Dorsey lawyers comprise the Firm's Banking and Financial Institutions Group, advising those clients on matters around the globe. Our clients include banking organizations, investment banks, broker-dealers, investment funds, insurance companies, credit unions, FinTech enterprises, and other financial institutions. Our work includes representation in complex lending transactions, bankruptcy and restructuring matters, corporate trust transactions and disputes, regulatory issues, consumer financial matters and other practices specific to financial institutions. Our experience extends to all types of litigation, mergers and acquisitions, real estate services, employment and benefits law, corporate compliance and intellectual property.

We are proud to serve U.S. banking and financial institutions of all sizes, as well as foreign banks and financial institutions. Global representation extends to multiple large Chinese banks, Latin American banks, European banks and other international financial institutions.

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Bankruptcy and Financial Restructuring + -
Blockchain & Digital Assets + -
Consumer Financial Services + -
Corporate Trust Services + -
Other Corporate Services + -
Credit Card Transactions + -
Foreign Banks and Financial Institutions + -
FinTech + -
Government Enforcement and Investigations + -
Lending Transactions + -
Litigation and Arbitration + -
Mergers & Acquisitions + -
Real Estate + -
Regulatory + -
Trust and Estates + -
Wealth Management + -

Experience

Other Related Banking Experience

Mergers & Acquisitions

  • Acquisition by a national bank of the banking operations of a Tennessee bank in an FDIC-assisted transaction.
  • Acquisition by a national bank of the banking operations of a New Mexico bank in an FDIC-assisted transaction.
  • Numerous bank and branch acquisitions by regional banks.
  • Numerous bank and branch dispositions.
  • Acquisition by a national bank of 14 Nevada bank branches.
  • Acquisition by a national bank of a card processing company.
  • Numerous acquisitions of trust businesses by a national bank.

Labor & Employment

  • Lead counsel for financial services companies in multiple jurisdictions handling claims involving breach of contract, fraud/misrepresentation, retaliation and defamation (Form U-5).
  • Brown v. Ameriprise (D. Minn.): Won dismissal of complaint with prejudice filed following discovery that plaintiff cut and pasted complaint in violation of Rule 11.
  • Heykants v. U.S. Bank (S.D. Iowa): Won summary dismissal of retaliation claim under Title VII and the Iowa Human Rights Act.
  • Tubbs v. Wells Fargo Bank, N.A. (D. Minn.): Won summary dismissal of claims for disability discrimination and failure to accommodate under the Americans with Disabilities Act and the Minnesota Human Rights Act.
  • Boxdorfer v. Thrivent Financial (S.D. Ind.): Won summary dismissal of three-count complaint for defamation (based on Form U-5); breach of contract and intentional infliction of emotional distress.
  • Defense counsel for regional banking client in multiple actions claiming that assistant bank managers were misclassified as exempt employees under the FLSA. Successfully defended client against multiple attempts to invalidate class waiver in arbitration agreements, including before the AAA and National Labor Relations Board.
  • Defense counsel for financial services client in lawsuit alleging claims for whistleblower reprisal, disability discrimination, retaliation, defamation and intentional infliction of emotional distress. All claims dismissed through dispositive motions and at trial.

Accolades

JD Supra Readers' Choice Top Firm 2019

US News Best Lawyers 2022 Top Banking and Finance Law Firm

US News Best Lawyers 2022 Leading Public Finance Law Firm

US News Best Lawyers 2021 Tier 1 Securities-Capital Markets Practice

US News Best Lawyers 2022 Leading Technology Law Firm

US News Best Lawyers 2022 Top M&A Law Firm

Best Law Firms-25 Nationally Ranked Dorsey Practices 2021

US News Best Lawyers 2022 Leading Securities Regulation Law Firm

US News Best Lawyers 2021 Tier 1 Securities Litigation Practice

Ones to Watch

Leading Financial and Corporate Law Firm IFLR1000 2022

Recommended Financial and Corporate Practice Ranked in Montana IFLR1000 2022

Recommended Restructuring and Insolvency Practice Ranked in MN IFLR1000 2022

2020 Lawyer of the Year, Dennis Wong, Banking and Finance Law, Best Lawyers

BTI Client Service A-Team 2022

Recognized in Banking & Finance China Business Law Awards 2017-2018

Contacts

Michael Pignato
Industry Group Co-Chair
Eric Sherman
Industry Group Co-Chair

Industries & Practices

Bankruptcy & Financial Restructuring
Foreign Banks and Financial Institutions
Government Solutions & Investigations
Securities & Financial Services Litigation & Enforcement
  • Bankruptcy & Financial Restructuring
  • Consumer Financial Services
  • Corporate Trust Services
  • Financial Services Regulatory
  • FinTech
  • Foreign Banks and Financial Institutions
  • Government Solutions & Investigations
  • Lending Transactions
  • Mergers & Acquisitions
  • Mortgage Banking
  • Real Estate & Land Use
  • Securities & Financial Services Litigation & Enforcement