Economic Stability And Solutions

The current global economic crisis was precipitated by business practices within the capital markets sector but its impact is being felt in virtually every industry. So Womble Carlyle has assembled an interdisciplinary team of attorneys to help guide clients through the maze of threats and opportunities.

We work with clients on regulatory compliance, litigation and dispute resolution, and strategic planning related to the ongoing economic crisis.

The nation’s economy is facing a time of great uncertainty. Major financial institutions are struggling and the federal government is taking unprecedented steps to stabilize financial markets.struggling and the federal government is taking unprecedented steps to stabilize financial markets.

Womble Carlyle has aided businesses including banks, mortgage lenders, insurance and other financial services companies, with difficult challenges long before the current crisis. Now, our Economic Stability & Solutions (ESS) Team stands ready to help clients weather this storm and even thrive under these difficult circumstances. Members of the ESS Team are nationally recognized authorities on banking, lending and corporate law, as well as business litigation. In recent years, the attorney who heads the ESS team has been asked to address the U.S. Congress, Federal Reserve Board and federal banking regulators on pending legislation and regulations.

Womble Carlyle’s ESS Team provides its clients with the best of both worlds: nationally prominent regulatory and compliance experience coupled with pragmatic business advice. The ESS Team brings together experienced attorneys from across Womble Carlyle’s offices in a variety of practice disciplines, including attorneys focusing on:

• traditional capital markets: banking, finance and regulatory compliance
• corporate & securities: brokerage, SEC compliance
• employee benefits, labor laws and insurance coverage
• government contracts
• bankruptcy
• real estate development
• executive compensation
• business litigation

This interdisciplinary approach supplies the substantive knowledge required to transact business within an evolving and complex regulatory framework. Our experience includes offering in-depth guidance regarding the far-reaching Economic Emergency Stabilization Act (EESA) of 2008 and related financial services legislation. Team members have been assisting lenders with all aspects of the Troubled Asset Relief Program (TARP) and changing FDIC regulations. Most recently, we have been working with banks and other lenders to help t hem adjust to the new Home Affordable Modification Program (HMP) guidelines.

Members of our ESS Team handle all forms of dispute resolution, including pre-litigation negotiations, enforcement matters, mediation, arbitration and full-blown litigation. The ESS Team has substantial experience litigating fair lending and discrimination, sub-prime lending, banking, insurance, and other financial services.

To learn more about the Womble Carlyle Economic Stability and Solutions Team and how we can help you, click here to contact us by phone or web form.

Related Practice Areas and Industry Teams:

• Employee Benefits
• Corporate and Securities
• Capital Markets Business Group
• Business Litigation
• Regulatory Compliance and Consumer Credit
• Consumer Financial Services Litigation