Luse Gorman, PC is pleased to announce that we were the No. 1 legal advisor in the nation for bank mergers for the nine months ended September 30, 2023, based on the number of transactions, as reported by S&P Global Market Intelligence. Luse Gorman was also the No. 1 legal advisor in the nation for… Read more »

To our clients and friends: Brendan Clegg recently authored an article in Bank Director covering the RECOUP Act’s potential expansion of the federal banking agencies’ enforcement authority against bank officers and directors. The article covers how the proposed legislation, which is working its way through the U.S. Senate, would introduce new standards into the existing… Read more »

To our clients and friends: On September 19, 2023, the Consumer Financial Protection Bureau issued Circular 2023-03 to address whether creditors could rely on stock reasons in the Bureau’s sample adverse action notices when issuing those notices after using AI in the credit decision.  Our Alert discusses the CFPB’s interpretation of ECOA as it applies… Read more »

Washington, DC, August 21, 2023.  For Immediate Release.  Luse Gorman, PC is pleased to announce that Brendan Clegg has joined the Washington, DC law firm as a partner.  Mr. Clegg was most recently at Alston & Bird LLP.  With his addition to the partnership, Luse Gorman builds upon its unparalleled experience in the financial services… Read more »