Nashville Banking Lawyer

Tom Lawless handles compliance and risk management issues for his lender, creditor, consumer and commercial clients. He has extensive experience with changing standards and helps his clients conform to relevant rules and regulations.  He offers litigation and advisory services on a broad range of legal issues, including but not limited to:

  • Banking regulations
  • Secured transactions
  • Commercial borrowing and lending
  • Consumer protection

The Federal Reserve regulates banks, managing the nation’s money supply through monetary policies that stabilize inflation or deflation, moderate long term interest rates or maximize employment opportunities. Lenders and borrowers watch opportunities rise and fall in relation to these systemic pressures.  Tom Lawless works closely with financial institutions to implement policies in compliance with state and federal laws.  The scope of his practice encompasses:

Compliance with state law

  • Affiliate or insider relationships
  • Anti-money laundering
  • Capital adequacy regulations
 Bank representation

  • Conflicting claims against joint account
  • Exercising the right to set-off
  • Collections litigation
  • Allegations of unauthorized use of debit/credit cards
  • Creditors’ rights litigation
  • Creditor liens and loans

Secured transactions
Lenders may secure loans made to borrowers by requiring down payments or other related collateral.  In the event of default, the borrower cedes the right to collateral used to secure the loan. There are limits to what types of collateral may be used to secure a loan. Tom Lawless can advise you about any of the following legal issues:

  • Securitizations
  • Derivatives
  • Letters of credit
  • Audits
  • Loan workouts
  • Bankruptcy reorganization
  • Remedies under the UCC

Commercial lending and borrowing
Securing financing for business growth or expansion can be difficult. Credit checks and due diligence may reveal risks or liabilities that could raise interest rates on the loan or otherwise impact a business’ eligibility for financing. Tom Lawless regularly advises clients about the following legal issues:

  • Promissory notes
  • Loans
  • Security and guaranty agreements
  • Blocked accounts
  • Deposit account control agreements
  • Joint accounts
  • Revolving credit
  • Lines of credit
  • Term loans
  • Equipment leasing and finance
  • Letters of credit
  • Purchase and sale agreements
  • Reorganization
  • Organization of holding companies

Contact us
If you need assistance with a banking matter, Tom Lawless can help you with all of the necessary details. Call him at  615-351-7839 or contact him online to set up a free initial consultation.