Banking Law

Our experienced corporate, real estate and banking attorneys have represented both borrowers and banks. Our goal is to render practical legal advice based on a sound analysis combined with common sense and years of experience. Among our special fields of bank expertise are:

• Forming and structuring banks and their holding companies;
• buying and selling banks and bank branches, both as stock and asset transactions;
• issuing, transferring, and redeeming securities, together with associated state blue sky exemptions and registrations;
• dealing with the OCC and Federal Reserve Systems and with the Maine Bureau of Banking;
• representing lenders and borrowers in financing transactions, including preparation of loan documentation for both asset-based and real estate financings, and advice on compliance with applicable statutes and regulations;
• workouts of troubled loans, including foreclosure, bankruptcy, and enforcement of creditors' rights; and
• negotiating, preparing, and reviewing: loan participation agreements, repurchase and sweep agreements, trust agreements, and other contracts necessary and familiar to banks.

Murray, Plumb & Murray has served as general counsel for Atlantic Bank, N.A., in connection with its purchase of the stock of Citibank (Maine), N.A., and certain branch offices from Casco Northern Bank, N.A. MP&M also has represented other banks in the Southern Maine area, including Fleet Bank of Maine and Coastal Savings Bank.

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