Monthly Archives:' August 2016

Attorneys Recognized by Best Lawyers in America©

Kennedy Sutherland LLP is pleased to announce two attorneys have been named to the 2017 edition of The Best Lawyers in America©. Best Lawyers is an annual ranking designed to capture the opinion of leading lawyers about the professional abilities of their colleagues within the same geographical and legal practice areas.

The following lawyers were recognized by Best Lawyers as leaders in their field in the 2017 edition:

Each year, only a single lawyer in each specialty in each community is honored as the “Lawyer of the Year.” Kennedy Sutherland’s senior attorney, Karen M. Neeley, was selected Best Lawyers® 2017 Banking and Finance Law “Lawyer of the Year” in San Antonio, Texas.

Mr. Kennedy’s practice focuses on the representation of banks, bank holding companies and other financial intermediaries. For over 34 years Kennedy has represented these entities and their shareholders, directors and officers in a broad range of matters, including mergers and acquisitions,  S corp elections, ESOP and bank holding company formations, Community Reinvestment Act strategy, strategic planning, corporate governance and  state and federal banking law compliance. In addition, Mr. Kennedy’s practice includes representation of banks as well as project sponsors utilizing state and federal  tax credit  programs  including Historic Tax Credits, New Market Tax Credits, Renewable Energy Tax Credits and low income housing tax credits.

Ms. Neeley has provided legal services to community banks throughout Texas and beyond for over 30 years. In addition to serving as General Counsel for the Independent Bankers of Texas, she is an advisory director for the Texas Association of Bank Counsel. Routinely, Neeley advises banks on regulatory compliance, examination preparation, policies and procedures and has special expertise in Bank Secrecy Act, fair lending and consumer compliance matters.

First published in 1983, Best Lawyers® lists are compiled based on an exhaustive peer-review evaluation. Lawyers on The Best Lawyers in America list are divided by geographic region and practice areas. They are reviewed by their peers on the basis of professional expertise, and undergo an authentication process to make sure they are in current practice and in good standing. For the 2017 Edition 7.3 million votes were analyzed.

Extended Comment Period on Third-Party Lending Guidance

The Federal Deposit Insurance Corporation (FDIC) is extending the comment period for proposed guidance on third-party lending. Comments on the proposed guidance, which was published on July 29, now must be received on or before October 27. The 45-day extension was made in response to requests from interested parties who asked for additional time to consider the proposal.

The proposed third-party lending guidance outlines the risks that may be associated with third-party lending as well as the expectations for a risk-management program, supervisory considerations, and examination procedures related to third-party lending.

Comments should be sent to thirdpartylending@fdic.gov and will be posted on the FDIC’s website at https://www.fdic.gov/regulations/laws/publiccomments/.

Examination Guidance for Third Party Lending