Tax Reform Compensation and Benefits Alert

Posted by & filed under Industry Alerts & Publications.

The Tax Cuts and Jobs Act (the “Act”) became law in December, and now would be a good time to begin reviewing its implications for your compensation plans and other benefits arrangements. The Act makes the most sweeping changes to the Internal Revenue Code (“Code”) in over 30 years.  While tax-qualified plans and non-qualified plans… Read more »

Luse Gorman Serves as Legal Counsel to Jacksonville Bancorp, Inc. in its Proposed Merger with CNB Bank Shares, Inc.

Posted by & filed under Transactions.

On January 17, 2018, Jacksonville Bancorp, Inc., Jacksonville, Illinois, and CNB Bank Shares, Inc., Carlinville, Illinois, entered into a definitive merger agreement pursuant to which CNB Bank Shares will acquire Jacksonville Bancorp. As part of the merger, Jacksonville Savings Bank, the wholly-owned subsidiary of Jacksonville Bancorp, will merge with and into CNB Bank & Trust,… Read more »

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

Posted by & filed under Transactions.

We are pleased to announce that Luse Gorman has again received the No. 1 National Ranking as legal counsel for mutual-to-stock conversions and mutual holding company transactions, as reported by SNL, for transactions completed in 2017.  Luse Gorman was the legal advisor on eight of the nine mutual-to-stock conversions and mutual holding company stock offerings… Read more »

Luse Gorman is the Top Legal Advisor in 2017 for Common Stock and Subordinated Debt Offerings by Financial Institutions

Posted by & filed under Transactions.

Luse Gorman, PC is pleased to announce that in 2017 we were the No. 1 legal advisor in the nation for common stock and subordinated debt offerings by financial institutions, as reported by S&P Global Market Intelligence (formerly SNL Financial).  We served as issuer’s counsel in connection with a range of equity and debt offerings,… Read more »