Changes to Ohio Banking Law
By Grant Stephenson Last year, the Ohio Legislature made a number of important changes to Ohio’s statutory banking code. These are the first comprehensive changes in more than twenty years. Most of...
View ArticleWhy You May Want To Do Business Under Ohio’s 2018 Banking Law
By Grant Stephenson Let’s say your client is a bank based outside of Ohio, and suppose further your client wants to set up a banking business in Ohio. Most of the time a merger transaction will result...
View ArticleThe Bank Industry’s Cannabis Problem
By Frank Tice The banking industry has a cannabis problem—it cannot bank cannabis related businesses. Despite the fact that over 35 states have legalized medical cannabis in some form and more than 10...
View ArticleTemper Your Expectations on Cannabis Banking Reform: foreseeable pitfalls of...
By Frank Tice and Jack Meadows On September 25, 2019, the Secure and Fair Enforcement (SAFE) Banking Act of 2019 passed the U.S. House of Representatives by an impressive margin of 321 to 103. The U.S....
View ArticleUPDATE: Foreseeable pitfalls of the SAFE Banking Act
By Frank Tice and Jack Meadows The SAFE Banking Act has hit a snag in Congress thanks to opposition from the chair of the Senate Banking Committee. The October 2019 post, “Temper Your Expectations on...
View ArticleWebsite Accessibility Regulations Delayed Until 2018 but Banks Should Not...
By Porter Wright Long awaited Guidelines from the federal Department of Justice (DOJ) for website accessibility under the Americans with Disabilities Act (ADA) are now expected sometime in 2018. But,...
View ArticleHigh Risks of Banking with “Legal” Marijuana Businesses
By Porter Wright Twenty-three states and the District of Columbia now permit the use and possession of marijuana to some degree under state law, and public support for legalization is at an all-time...
View ArticleJUDICIAL REVIEW OF CAMELS RATINGS?
By Grant Stephenson Bankers will be interested in a recent appellate court order in a bank regulatory case. Their lawyers will be astonished by it because the ruling lights a flicker of hope in an area...
View ArticlePotential Changes for HVCRE Loans
By Grant Stephenson In this blog, we have described some of the original concerns with the “high volatility commercial real estate” loan regulation as well as some suggestions for change. These rules...
View ArticleJudicial Review of CAMELS Ratings – Banking Organizations Weigh In
By Steven Hoying Several trade associations for the banking industry have weighed in on a pending potential landmark case in the Northern District of Illinois regarding the possible judicial review of...
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