Bank Law Monitor

Bank Law Monitor

A Legal Blog for the Financial Services Industry

Category Archives: Graham & Dunn

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Don’t Be the Next Blockbuster, Kodak, or Encyclopaedia Britannica

Posted in Banking Technology, Graham & Dunn
The Changing Face of America While attending a recent presentation at the California Bank Presidents’ Seminar by Brett King, CEO and founder of Movenbank, the world’s first direct mobile-only bank, I was inspired to write another Cyber-Graham. The crossover between baby boomers, Gen Xers, and millennials is fast approaching with economic power shifting to the… Continue Reading

Washington Supreme Court Confirms Guarantor Liability Following Foreclosure

Posted in Debt Collection, Foreclosure, Graham & Dunn, Regulatory Developments
The Washington Supreme Court has confirmed a personal guarantor’s liability to a lender following the lender’s nonjudicial foreclosure of its borrower’s real property collateral.  In Washington Federal v. Harvey/Washington Federal v. Gentry, Nos. 90078-7, 90085-0, slip op. at 2-3 (Wash. Jan. 8, 2015), the Court held that “guarantors of commercial loans whose own property has… Continue Reading

The Future is Now…Revisited

Posted in Graham & Dunn
George Allen Still Lives On The famous football coach George Allen, when he took over the Washington Redskins back in the day, was quoted as saying, “the future is now.” At the risk of dating myself, George followed the philosophy of signing veteran free agents, many of whom had previously played for him with the… Continue Reading

New Banks Are On Again, Says FDIC

Posted in Graham & Dunn
Game On? On November 20, 2014, the Federal Deposit Insurance Corporation (FDIC) issued additional guidance* on its 1998 Statement of Policy on Applications for Deposit Insurance, in an effort to clarify the requirements for de novo banks and to encourage more applications. Since the financial crisis, there has been stagnant or declining growth in bank charters,… Continue Reading

Across the Pond

Posted in Graham & Dunn
Old Friends and Places – Fresh Perspective As I return from another journey across the pond to London, I ponder this past year and what lies ahead. After visiting Windsor Castle with my old friend and colleague Jim Firn, recently retired from Russell Investments as their European counsel, I got to thinking about the past… Continue Reading