Scott Smalley is a partner in the firm’s Banking and Financial Services Division. Scott represents banks, holding companies and other financial institutions in finance transactions, mergers and acquisitions and financial regulation compliance. Scott has particular experience representing lenders in real estate finance, construction lending, new markets tax credit finance, historic tax credit finance and working capital lines of credit. Scott is currently the editor of the Division’s newsletter, e-Alerts and banking law blog, BankinBits.
Finance Transactions: Assists lenders and borrowers in single and multi-lender credit facilities, term loan financing secured by real and personal property, revolving credit facilities, construction lending, loan restructuring and workouts and purchases and sales of loan portfolios. Recent representative transactions include:
Tax Credit and Municipal Bond Finance: Represent lenders in finance transactions involving new markets, state and federal historic tax credits, bond purchases and other public incentives, including tax increment financing and community improvement districts. Recent representative transactions include:
Community Bank Mergers and Acquisitions: Provides counsel to community banks in connection with bank mergers, stock purchase agreements, asset purchase agreements and branch sales.
Bank Regulation: Advises clients before the Federal Reserve, OCC, FDIC and state regulators regarding applications and examinations, regulatory capital, transactions with affiliates, banking powers and investments, regulatory enforcement actions and compliance issues. Advises financial institutions in connection with regulations relating to flood insurance, appraisals, highly leveraged transactions (HLT), high volatility commercial real estate lending (HVCRE), community development investments, supervisory loan to value limitations, transactions with affiliates (Reg. W), and loans to insiders (Reg. O).