Industry Overview
The pace of change in finance continues to accelerate—driven by everything from cybersecurity threats to the rise of cryptocurrency. New opportunities and new regulations abound, raising the stakes and generating new concerns for banks, investors, and insurers. Consumers and investors are expecting more in the way of new products, service delivery methods such as apps and mobile access, and increasingly responsive services. All of these developments introduce legal and business requirements that call for specialized counsel.
Our Approach
We advise clients in a wide range of areas that require highly specialized—and current—knowledge of regulations, laws, and reporting. We provide essential strategic counsel for mergers and acquisitions, company formations, and the capitalization of de novo banks and businesses. We oversee sensitive investigations and other administrative proceedings involving regulators and supervisory agencies. Our team provides deep experience and is ready to take on challenges in compliance, privacy, and data security in order to help clients protect their assets and prepare for the evolving demands of tomorrow.
Newsroom
Federal Court Declares Corporate Transparency Act Unconstitutional: Implications and Recommendations for Businesses
March 27, 2024On March 1, 2024, Judge Liles C. Burke of the Northern District of Alabama, Northeastern Division, ruled in U.S. v.
Corporate & Business Transactions Report — 2023
February 2, 2024We represent buyers, sellers, and investors — including middle-market and family-owned companies — on their most important business transactions. Our professionals bring a critical combination of experience, practicality, and a deep understanding of market terms — enabling us to achieve outstanding results for our clients.See how we drove results for our clients in 2023 across the industries we serve.
New Reporting Requirements for the Corporate Transparency Act
July 12, 2024Hinckley Allen has assembled a multi-disciplinary team to help companies navigate the new Corporate Transparency Act (“CTA”) reporting requirements, having closely followed the CTA since its enactment. Our team is familiar with the CTA’s requirements and ramifications, and are ready to assist clients as they comply with this new law, as well as help them understand the impact this may have on their companies and transactions.Beginning on January 1, 2024, many companies (including corporations and limited liability companies) will be required to report beneficial ownership information (…
Hinckley Allen’s Legal Excellence Recognized by Boston Magazine
November 21, 2023Hinckley Allen is pleased to announce that numerous attorneys have been recognized by Boston Magazine, earning the prestigious title of "The Top Lawyers of 2023." This annual accolade, initiated in 2021, is designed to highlight outstanding legal talent in the region. Attorneys have the opportunity to nominate their peers in specific areas of expertise, with the rankings determined solely through peer voting.
How Financial Institutions Should Prepare for the FTC’s Expanded Safeguards Rule
June 1, 2023To respond to the constant threat of cyber-attacks and data breaches, the Federal Trade Commission (“FTC”) has amended one of its key consumer protection rules: the Standards for Safeguarding Customer Information (the “Safeguards Rule”), 16 C.F.R. § 314. This is the first time the Safeguards Rule has been amended since it was enacted in 2003 to fulfill the FTC’s mandate under the Gramm-Leach-Billey Act (“GLBA”) to create rules for the processing and protection of personal information.
Lessons to be Learned from the Failure of Silicon Valley Bank
April 5, 2023News cycles move fast in the 21st Century, so the failures of Silicon Valley Bank and Signature Bank are already fading into a distant memory. If you were lucky enough not to have deposits at those banks, it’s easy to forget that many business leaders suffered through a sleepless weekend, worrying about how they were going to make the next payroll, keep their loans current, and survive the loss of millions of dollars of deposits. Even businesses who did not have deposits at the closed banks had to worry about receivables that might be affected by their customers’ inability to pay.
The Critical Role of A Cyber Incident Response Plan in Today’s Cyberthreat Environment
March 8, 2023Your network has been hacked. What do you do? Who do you call? Who is in charge? These questions need to be answered quickly when your network is under siege by cybercriminals, but does your company know how to handle such a crisis on a weekend or during a holiday break when many cyberattacks are timed to occur so as to strike when your corporate defenses are at their weakest?No organization is immune from cyberattacks. As the last few years have demonstrated, it is not a matter of if your company will experience a cyberattack, but when. Indeed, in 2022, 47% of private businesses exp…
