Experience
Clients benefit from our experience advising on a wide range of issues, including financial institution structuring and formation issues, federal and state regulatory compliance issues, mergers and acquisitions involving a Delaware financial institution, lending and other financing transactions, corporate and personal trust matters, consumer lending activities and financial institution insurance activities.
Regulatory Practice
We regularly represents financial institutions before the Office of the Delaware State Bank Commissioner with respect to regulatory matters.
Advice on Trust Activities
Our Banking Group works closely with the firm’s other practice groups, including the Tax Group and the Corporate Trust & Agency Services Group.
Consumer Lending
Our Banking Group also has significant experience with all pertinent Delaware consumer loan statutes and has prepared or reviewed forms for a variety of consumer loan transactions and lending programs.
Attorneys
Related Practices
Publications
The Corporate Transparency Act: Amendments, Access Rule, and Appeals
Delaware Banker | Spring 2024
The Corporate Transparency Act (“CTA”) has received considerable national attention since its January 1, 2024 effective date. The past six months alone have seen a number of significant developments, including eased filing deadlines for beneficial ownership reports in 2024, the introduction of new standards and safeguards for accessing the Beneficial Ownership Secure System (“BOSS”), and even…
Delaware Laws & Programs Affecting Business – 2024 Edition
2024
Delaware Laws & Programs Affecting Business presents an introduction to Delaware and an overview of the laws and programs relating to doing business in the state. Our economy is diverse, and our legal framework is intentionally crafted to foster robust business activity. Our widely copied business laws lead the nation in clarity and predictability. Government…
Delaware Laws & Programs Affecting Business – 2020 Edition
2020
Delaware Laws & Programs Affecting Business presents an introduction to Delaware and an overview of the laws and programs relating to doing business in the State. Our economy is diverse, and our legal framework is intentionally crafted to foster robust business activity. Our widely copied business laws lead the nation in clarity and predictability. Government…
New Private Placement, Trust-Owned Life Insurance Premium Tax Bill Signed into Law
May 20, 2016
On May 5, 2016, Delaware Governor Jack Markell signed into law House Bill 237, substantially lowering the premium tax rate for trust-owned, private placement life insurance contracts covering the life of an individual. The new law lowers the premium tax rate to 2% for the first $100,000 in net premiums and 0.0% on net premiums in…
The Current State of Same Sex Marriage
October 1, 2013
Peter Conaty, Mark Purpura and Don Sparks will speak at this annual event in Wilmington, Delaware.
2013 Delaware Trust Conference
October 1, 2013
Peter Conaty, Mark Purpura and Don Sparks will speak at this annual event in Wilmington, Delaware.
Civil Unions and Same-Sex Marriage
October 2, 2012
Directors Mark Purpura and Don Sparks will speak at this Delaware Bankers Association conference in Wilmington, Delaware.
2012 Delaware Trust Conference
October 2, 2012
Directors Mark Purpura and Don Sparks will speak at this Delaware Bankers Association conference in Wilmington, Delaware.
Grab Bag of Delaware Law – Hot Issues and Solutions
November 29, 2011
Directors Mark Purpura and Don Sparks will speak at this Delaware Bankers Association conference in Wilmington, Delaware.
2011 Delaware Trust Conference
November 29, 2011
Directors Mark Purpura and Don Sparks will speak at this Delaware Bankers Association conference in Wilmington, Delaware.
Planning Implications of the New Delaware Civil Union Law
November 1, 2011
Directors Peter Conaty and Mark Purpura will speak at the Estate Planning Council of Delaware’s meeting in Wilmington, Delaware.
Delaware Laws & Programs Affecting Business – 2011 Edition
July 2011
This guide presents an introduction to Delaware and an overview of the laws and programs relating to doing business in the State.
A Step Toward Equality in Estate Planning
Delaware Banker | Summer 2011
Delaware Adds to its Jurisdictional Advantages for Asset Protection and Estate Planning Opportunities for Same-Sex Couples.
Proposed Financial Institution Regulatory Reforms
Delaware Banker | Summer, 2009
In response to the current economic crisis and near failure of the financial system, President Barack Obama and the members of his administration have proposed sweeping regulatory reforms of the financial services industry.