Practice Areas

Bank and Credit Union Litigation

Main Contact:
Harvey Weiner
hweiner@peabodyarnold.com

Peabody & Arnold has a long history of representing banks, credit unions, and other financial institutions in litigation and in bankruptcy matters. This practice falls into three essential categories: general litigation, borrower defaults, and failed-bank litigation.

Our general litigation practice involves the representation of banks and credit unions in a wide variety of matters across the spectrum of activities in which they are engaged. In the past, this litigation has involved securities law, leasing, construction, truth-in-lending, corporate trust, employment, lender liability, and general corporate and business matters.

In our default practice we work closely with our clients to provide litigation support for workouts of troubled loans and assets. Typically, we bring suits against obligors and guarantors and obtain prejudgment real estate and trustee process attachments to secure anticipated judgments. In bankruptcy cases, we take the necessary steps to protect the client’s interest.

Our failed-bank and failed-credit union practice involves working with the FDIC and NCUA in litigation pending when the institution failed, and in defending the agencies in direct suits against them.