Uncertainty Surrounds Bankruptcy Debtors’ Access to Paycheck Protection Program

Companies in bankruptcy do not have access to the Paycheck Protection Program, at least according to the letter of the law. However, the issue has become less clear as illustrated by the decisions in In re Hidalgo and In re Cosi Inc. Howard M. Berkower and Franklin Barbosa Jr. of McCarter & English take a closer look at those decisions and how their inconsistencies muddy the waters.

May 7, 2020 bankruptcy | Franklin Barbosa | Howard M. Berkower | Jr. | McCarter & English | Paycheck Protection Program | Small Business Administration Phil Neuffer

Four Veteran Finance Attorneys Join Waller in Birmingham

Jesse S. Vogtle, Jr., Randolph H. Lanier, Eric T. Ray and Paul H. Greenwood have joined Waller’s Birmingham office as partners. They previously practiced at Balch & Bingham.

January 16, 2020 Eric T. Ray | esse S. Vogtle | Jr. | Paul H. Greenwood | Randolph H. Lanier | Waller nadine

WSFS Names Stanford Chief Compliance Officer

Stanford A. Stanford, Sr., a long-time bank regulatory and compliance expert, has joined WSFS Bank as senior vice president and chief compliance officer.

November 18, 2019 Jr. | Stanford A. Stanford | WSFS nadine

Grant Thornton Adds Weir to Public Sector Healthcare Practice

David B. Weir, Jr. has joined Grant Thornton’s Public Sector Healthcare practice as a managing director.

August 19, 2019 David B. Weir | Grant Thornton | Jr. nadine

BB&T, SunTrust CEOs Discuss Merger of Equals at Fed

BB&T Chairman and CEO Kelly S. King and SunTrust chairman and CEO William H. Rogers, Jr., spoke at a joint public meeting of the Federal Reserve Board and the Federal Deposit Insurance Corporation on the proposed merger of equals between BB&T and SunTrust Banks.

April 26, 2019 BB&T | Jr. | Kelly S. King | SunTrust Bank | William H. Rogers Amanda Koprowski

GE Replaces Flannery with New Chairman & CEO

GE named H. Lawrence Culp, Jr. chairman and CEO succeeding John Flannery. The GE board also appointed Thomas W. Horton as lead director.

October 1, 2018 General Electric | H. Lawrence Culp | John Flannery | Jr. | Thomas W. Horton Rita Garwood

Wells Fargo to Replace Four Board Members

Wells Fargo continued its board refreshment process, as John S. Chen, Lloyd H. Dean, Enrique Hernandez, Jr. and Federico F. Pena have decided to retire from the board at its upcoming annual meeting of shareholders.

March 2, 2018 Enrique Hernandez | Federico F. Pena | John S. Chen | Jr. | Lloyd H. Dean | wells fargo ABF Journal

Piper Jaffray Names Abraham CEO, Schoneman President

Piper Jaffray named Chad Abraham CEO and Deb Schoneman president, upon the retirement of current CEO, Andrew Duff.

December 6, 2017 Andrew Duff | Chad Abraham | Deb Schoneman | Jr. | Piper Jaffray | Stuart C. Harvey | Tim Carter ABF Journal

Seacoast Hires Arredondo as VP/Chief Banking Officer

Seacoast Commerce Bank hired former Wells Fargo executive Ernesto M. Arredondo, Jr. as executive vice president and chief banking officer.

October 18, 2017 Ernesto M. Arredono | Jr. | Seacoast Commerce Bank ABF Journal

HomeTown Bankshares Names Budd Chief Credit Officer

William W. Budd, Jr. joined HomeTown Bankshares as executive vice president and the company’s second chief credit officer.

September 25, 2017 HomeTown Bank | Jr. | Wes Budd | William Budd | William C. Moses Sam Nickerson