Wednesday, December 1, 2010

Spilman Firm Adds Bank Group

The Regional law firm Spilman Thomas & Battle has formed the Community Banking Group to serve the needs of community banks. “We are excited to offer legal services tailored to community banks,” says Eric W. Iskra of client relations. “We have closely followed the growth trend of smaller banks and financial services providers for several years, and we see this sector as a real driving force in the economy of the Mid-Atlantic Inland Basin.”

This new Spilman practice group consists of an insightful and experienced team of more than 20 attorneys from a cross-section of Spilman’s current practice groups. In comprehensive fashion, its attorneys will advise clients across a broad range of areas of law including: mergers and acquisitions, tax, wealth management, labor and employment, regulatory, securities, white collar/compliance, construction, corporate, and bankruptcy and creditors’ rights – in addition to traditional banking and finance matters.

Timothy R. Moore, Counsel in Spilman’s Winston-Salem office, will lead the new practice group. He has a depth of experience working with community banks, as well as extensive knowledge in traditional banking and finance law. Moore says

, “These firms, which are regulated differently than larger FDIC-type financial institutions, have different needs when it comes to legal advice and representation. We responded by aligning our services and organizing our personnel to directly serve community banks and savings banks around their specific needs. Our goal is to act as an extension of our community banking clients rather than an outside service.”

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