Banking and Finance

McAnany, Van Cleave & Phillips has extensive experience and expertise in its financial services industry legal practice. We provide full-service research, advisory and litigation services for many banking and financial issues, including loans and lending guidelines, securities and investments, bankruptcies, fiduciary duties, acquisitions and leasing, and bond-related issues.  An AV-rated firm by Martindale-Hubbell, we represent many financial institutions in a wide range of legal matters.

Services for Banks, Lenders, and Holding Companies

McAnany, Van Cleave & Phillips represents banks and other lenders in the loan process from start to finish.  We assist clients by drafting loan policies and procedures along with other internal guidelines. Our attorneys help clients in loan transactions by participating in the negotiation and drafting of loan commitments and loan documents of all types. We help lender-clients identify their options and alternatives when borrowers' situations warrant attention. Our attorneys assist lenders by collecting delinquent loans and recovering and disposing of collateral. We represent clients in mortgage foreclosure actions, replevins, actions to foreclose security interests, nonjudicial real estate foreclosure matters, bankruptcies and many other matters to enforce the rights of lender clients. The firm's attorneys also represent bank holding companies concerning their governance, regulatory matters and shareholder buyouts.

Securities and Investments

We assist clients in regulatory matters and help establish procedures to ensure compliance with applicable laws and regulations. Our attorneys have successfully defended investment advisors and broker clients  in the securities industry against claims brought by investors. We have drafted successful motions for summary judgment, disposing of claims of securities fraud, Rule 10b-5 violations, and punitive damages and have successfully defended clients in arbitration matters concerning investor complaints.


MVP represents lenders in the federal bankruptcy courts and protects their rights through actions including:

  • Obtaining relief from the automatic stay and adequate protection orders
  • Objecting to and negotiating confirmation of bankruptcy plans
  • Structuring cash collateral orders
  • Defending preference actions and adversary proceedings
  • Representing unsecured creditors' committees

Fiduciary Duties

We are a leader in advising clients concerning the law of fiduciary duties of bank officers and directors, broker-dealers, investment advisors, and insurance professionals. Our attorneys have vast experience litigating cases involving duties of officers, directors, and advisors of businesses including those in the financial services field. This experience gives our attorneys keen insights to share with clients to help guide their actions and practices.
Acquisitions and Leasing

We represent companies in a wide variety of buying, selling, and leasing transactions, for both real and personal property. Our attorneys draw on broad experience to guide clients through the entire sale or lease process, from drafting sale contracts, leases, and associated documents to recovering equipment, property, and money.


The firm also serves as counsel for borrowers and lenders in bond-related transactions, such as:

  • Revenue bonds for the benefit of various nonprofit organizations
  • Qualified Zone Academy Bonds
  • General Obligation Bonds
  • Special Obligation Bonds
Recently, the firm served as issuer's counsel for a project involving $50 million in Special Obligation Bonds.

Award-Winning Legal Services

McAnany, Van Cleave & Phillips has been selected as a Go-To Law Firm for Leading Financial Services Companies by ALM's Corporate Counsel Magazine.  The firm was named to this exclusive list of law firms in the area of litigation.

ALM's Corporate CounselĀ® magazine, the nation's leading magazine for general counsel and in-house attorneys at corporations across the country, has published a new reference guide to in-house law departments at the nation's leading financial services companies.  The guide includes detailed profiles and contact information for general counsel at these corporations, as well as listings of their current outside "Go-To Law FirmsĀ®" in various practice areas, including litigation, securities, transactions, compliance and intellectual property.


Lawrence D. Greenbaum
George D. Halper