Legal Blog

M&A Nugget: A Good Memorial Day For Banks

As a result of the Great Recession from 2007 to 2009, the law known as the Dodd-Frank Financial Reform Act was enacted, which put restrictions and substantial reporting requirements on banks. Last week, President Trump signed into law a reform of the Dodd-Frank Act. The reform increases the banks that are not subject to the stricter federal oversight of the law from banks with assets of $50 billion dollars to banks with assets of $250 billion dollars. Theorizing that the banks excluded from the law will be able to perform better with less regulation, many pundits predict a substantial uptick in merger activity in the banking industry.




If you have any questions about this or any other M&A issue,
please contact Glenn Solomon at or 443-738-1522.


ABOUT GLENN D. SOLOMON | 443-738-1522

Glenn D. Solomon is a principal at Offit Kurman and has provided counsel to businesses and business owners for more than twenty-five years. He has extensive experience in the purchase and sale of businesses, structuring ownership agreements, and advising companies in financial distress.








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