Banking & Financial Institutions
Sirote’s Banking Practice Group represents local and national clients in the areas of State and Federal regulatory compliance, document preparation, loan closing services, collection and bankruptcy, pension and deferred compensation programs, and litigation services. Banks and financial institutions turn to us for guidance on how to comply with Federal and State tax regulations. Our attorneys focus attention on the new laws and rules of electronic commerce and financial privacy. Our attorneys assist financial institution clients in connection with their expansion of traditional banking services into the new areas permitted by law. Sirote has been active in helping some financial institution clients work out of problem situations. In connection with such activity, the firm has represented its clients before the Federal Deposit Insurance Corporation, the Office of the Comptroller of the Currency, and the Board of Governors of the Federal Reserve System.
We also provide litigation services for financial services clients. Such services include not only commercial litigation, but also representation of the client in connection with actions brought by bank regulatory agencies, securities and antitrust claims, employment or credit discrimination actions, RICO claims and usury actions.