July 30, 2024
To our clients and friends:
The Federal Trade Commission’s ban on most non-competition agreements continues to make its way through various courts. Attached is an Alert which covers the two most recent court decisions, and the Alert is available here.
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May 2, 2024
To our clients and friends:
On April 23, 2024, the Federal Trade Commission issued a final rule that bans most non-competition agreements.
Our Alert, which covers what financial institutions need to know about the final rule, is available here.
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April 3, 2024
To our clients and friends:
On March 21, the FDIC proposed revisions to its Statement of Policy on Bank Merger Transactions, which are intended to provide guidance on how the agency reviews merger applications under the Bank Merger Act. Our Client Alert describes the most relevant aspects of the new policy statement and includes key takeaways that will be important for banks considering future merger and acquisition activity. Our Alert regarding the FDIC’s proposed changes to its policy statement process is available here.
Luse Gorman has acted as counsel on more than 100 bank M&A transactions during the past five years and more bank M&A transactions than any other law firm in the nation over the past 20 years. Luse Gorman regularly works with federal and state banking agencies to seek regulatory approval for business transactions, including mergers and acquisitions, and routinely handles complex and novel legal questions on behalf of its clients as they arise. To learn more about our firm and services, please visit our website.
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April 1, 2024
To our clients and friends:
On March 6, 2024, the Securities and Exchange Commission issued final rules requiring registrants to disclose climate-related risks and data in certain filings. These final rules are now the subject of legal challenges in several different jurisdictions.
Our Alert regarding the climate-related disclosure rules is available here.
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May 19, 2023
On May 18, 2023, Benjamin Azoff was a panelist at Street Talk: US Banking Liquidity Crunch – Fundamental Performance and Outlook Event hosted by S&P Global Market Intelligence. The event featured two panels of U.S. bank investors and advisers that discussed U.S. bank liquidity trends and their impact on the competitive landscape and investment opportunities in the sector. Key topics included the safety and soundness of U.S. banks, investor sentiment toward the group, and the outlook for M&A activity and potential regulatory and accounting changes on the horizon.
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