We have significant experience representing financial institutions and money services businesses in regulatory, operational, and litigation matters. Our experience also includes a multitude of technology and cryptocurrency related matters. Our practice group is led by the former nationwide Chair of the Financial Institutions Commercial Litigation Practice for one of the 100 largest law firms in the United States.
Our experience includes counseling depository and non-depository financial institutions and financial services providers in complex regulatory, legal, and operational matters relating to cryptocurrency and blockchain; licensure and charters; acquisitions; safety and soundness; state and federal regulatory compliance; funds transfers; operational procedures and liability avoidance; USA PATRIOT Act, including Know Your Customer Rules; federal and state Anti-Money Laundering statutes and regulations; information security and privacy; and online banking and electronic signature and transactions.
We assist in litigation matters involving issues of fact and law peculiar to financial institutions in state and federal courts across the United States, ranging from the litigation of consumer protection statutes to nuanced issues of the Uniform Commercial Code (UCC).
Our collective experience further ranges from the licensure of the first Bitcoin ATM in Floridaobtaining a no-liability defense trial verdict for a major financial institution in a Florida-based lender liability litigation seeking approximately $20 million in damages; the verdict was upheld on appeal. It also includes representation of a national bank in the defense of a putative class action based on an alleged violation of Florida’s “at par” statute.
Other examples include representation of a consumer banking company in the defense of a class-action suit against a deferred presentment provider involving challenges to personal jurisdiction; efforts to enforce arbitration agreement; opposition to class certification; and application of statutory safe harbor for agency-approved activities.
Our financial services practice attorneys have worked on significant regulatory, operational, and litigation matters for financial institutions and money services clients and regularly represent a variety of CMBS special servicers in foreclosures and workouts, many involving receivers. We look forward to deploying some of Florida’s best on your behalf.
