Study Group: Banking, Insurance, and Financial Institution Experts: Lawyers (US)
Council Members in this Study Group: 191
This study group may include professors, attorneys, former regulatory officers, and consultants knowledgeable on topics such as law and litigation issues, lobbying, policy and government, elections, antitrust, immigration, intellectual property, and legislation, among others.
Contact Gerson Lehrman Group to survey or consult with members of this Study Group
Leading institutions connect with members of this Study Group through GLG
Leading Experts in this Study Group
- Duncan MacDonald
Consultant
Duncan McDonald
Duncan MacDonald is an independent consultant to financial institutions, corporations, and think tanks on payments, privacy and data protection, alternate dispute resolution, bankruptcy, class action reform, antitrust, joint venture, plain language, and constitutional issues. He has worked at Citibank...
Sanford BrownManaging Partner, Dallas/Ft. Worth
BRACEWELL & GIULIANI LLPSanford M. Brown is the Managing Partner of Bracewell & Giuliani’s offices in Dallas and Ft. Worth, Texas. He specializes in the representation of financial institutions specialty finance companies in matters involving state and federal laws and regulations. Mr. Brown also provides counsel to financial...
- Chester Salomon
Of Counsel
Becker, Glynn, Melamed & Muffy LLPChester B. Salomon is Of Counsel at Becker, Glynn, Melamed & Muffy LLP. Prior, he was a Senior Shareholder and Co-Chair of the Bankruptcy/Workout Practice of Stevens & Lee in New York. Mr. Salomon has represented debtors, creditors, lenders, trustees, litigants and asset purchasers in complex Chapter...
Mary PriceMember
MILLER & MARTIN PLLCMary Neil Price is a Member at Miller & Martin in Nashville, Tennessee, where she is a member of their Business and Tax Department. Ms. Price practices business law with special emphasis on financial institutions, securities, mergers and acquisitions and both for profit and tax exempt organizations....
- Mark Saunders
FormerGeneral Counsel
WR Capital Management, LPMark Saunders was until April 1, 2009, the General Counsel of WR Capital Management. Previously, Mr. Saunders was a Senior Partner in the New York office of a law firm with over 1,000 lawyers, in which office he practiced for 19 years. He practices in the international, securities and corporate finance,...
GLG NewsSM Analyses by this Study Group's Leading Experts (?)
Opinions and analyses expressed in GLG News are solely those of the author. See the Terms of Use for details.
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Loss of arbitration of cardholder disputes could sink card industry
October 15, 2009
Duncan MacDonald, Consultant, Duncan McDonald
Turmoil in Arbitration Empire Upends Credit-Card Disputes | online.wsj.com
Although the article is about an investor's failed bet on arbitration of card disputes, the bigger fail will belong to the card industry -- the 1 billion bank and private label cards held by 200 million consumers. Issuers of those cards have all but lost the right require arbitration and the enormous...
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Threats to make CARD Act worse and to regulate interchange fees
October 6, 2009
Duncan MacDonald, Consultant, Duncan McDonald
Banks Face Pressure to Bend on New Agency - American Banker Article | www.americanbanker.com
The article is about the wrangling in Congress to enact a so-called "Consumer Protection Agency." But it carries a threat to bankers. If they don't stop trying to block a CPA, Congress will enact piecemeal bills that will prevent card issuers from being able to reprice in response to the CARD Act...
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Bankcard industry lobbies Congress to leave interchange fees alone
September 22, 2009
Duncan MacDonald, Consultant, Duncan McDonald
Lafferty Group - Interchange battle rages on | www.lafferty.com
The primary story here is not the card industry's standard defense of bankcard interchange fees. It is that Visa and industry trade associations are responding to the clear and present danger that an angry Congress is going to side with merchants by enacting a law to limit interchange fees. Their defense...
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Bank stocks will crumble in the coming months
August 14, 2009
Duncan MacDonald, Consultant, Duncan McDonald
Stocks Slip as Banks Pull Back | online.wsj.com
The WSJ article suggests a modest, temporary pullback for banking stocks amidst all the recent glowing reports that the Great Recession is over. It is not over. It is going to get much worse, precisely because of a crisis that is about to erupt for the bankcard industry.
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Turmoil at Visa or a hopeful turn in the road?
July 28, 2009
Duncan MacDonald, Consultant, Duncan McDonald
Visa Says Its President Steps Aside | online.wsj.com
The termination of Visa's president reflects the crisis in the bankcard industry. Since its IPO, investors, issuers and merchants been waiting for Visa to lead the industry to new heights. That has not happened. In fact, things have gotten worse. Cardholders, merchants, Congress and states arein...
Members in this Study Group include these company types:
- Law Firm (general practice/large)
- Law Firm (Boutique / Specialized)
- Law firm (small / solo)
Members in this Study Group often have these job titles:
- Partner
- Attorney
- General Counsel