Banking, Insurance & Financial Services

 

The Firm engages in an extensive, general practice in the areas of banking, insurance and financial services. The Firm advises and represents clients on transactional, litigation and regulatory matters. A wide variety of industry segments are represented, including commercial banks and their affiliates, life insurance companies, property and casualty insurance companies, surety companies, savings banks, savings and loan associations, licensed mortgage lenders, credit unions, securities firms and underwriters, insurance companies and finance and leasing companies, as well as the other segments of the financial services industry.

The Firm’s banking practice includes extensive commercial and residential transactional work, representation of creditors and debtors in workouts, restructurings and bankruptcy, formation of banks and other financial service providers, and representation on regulatory matters with appearances before various federal, state and local regulatory agencies. Several Firm members have represented insurance companies in their licensing and other regulatory matters before the New York State Insurance Department. The Firm also handles a wide array of banking and insurance litigation, including questions regarding the Uniform Commercial Code, lender liability, preferences, fraudulent transfers and other avoidance actions.

Many of the Firm's clients are based outside New York's Capital Region. The technological advances of the past decade, coupled with lower general office overhead found in upstate New York, have enabled Crane, Parente & Cherubin to deliver quality legal services on an extremely cost-effective basis.