Luse Gorman is Top Legal Advisor in 2023 for Equity Offerings

January 17, 2024

Luse Gorman, PC is pleased to announce that in 2023 we were ranked the No. 1 legal advisor in the nation, based on number of transactions, for common stock offerings by financial institutions, as reported by S&P Global Market Intelligence. We served as issuer’s counsel in connection with a range of equity offerings, including best-efforts public offerings and private placements.

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

January 16, 2024

We are pleased to announce that Luse Gorman, PC was again the No. 1 legal counsel in the nation in 2023 for mutual-to-stock conversions and mutual holding company transactions, as reported by S&P Global Market Intelligence. In 2023, Luse Gorman was the legal advisor on all standard mutual-to-stock conversions and all but one second-step conversions. Additionally, Luse Gorman has been the No. 1 ranked law firm for mutual-to-stock conversions and mutual holding company stock offerings each year for the past 20 years.

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Luse Gorman is the Top Legal Advisor for Bank Mergers in 2023

January 10, 2024

Luse Gorman, PC is pleased to announce that we are again the top legal advisor in the nation, based on number of transactions, for bank mergers as reported by S&P Global Market Intelligence. The firm served as counsel for 18 bank merger transactions in 2023, covering a broad spectrum of deal types and structures, both on the buy and the sell side.

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Alert – 5th Circuit Vacates SEC Buyback Rule

December 27, 2023

To our clients and friends:

On December 19, 2023, the Fifth Circuit vacated a recently finalized rule of the U.S. Securities and Exchange Commission that would have required enhanced disclosure of stock "buyback."

Our Alert regarding the rule and the Fifth Circuit's holding is available here.

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ALERT – Federal Banking Agencies Issue Final Rule Revising Community Reinvestment Act Regulations

November 13, 2023

To our clients and friends:

On October 24, 2023, the federal bank regulatory agencies jointly issued a final rule to strengthen and modernize the regulations implementing the Community Reinvestment Act. The rule continues to tailor performance standards to account for differences in bank size and business models, and most significantly affects “large banks” with $2 billion or more in assets while providing flexibility for “small banks” with less than $600 million in assets. Our Alert discusses the new key provisions and is available here.

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