Sally & Fitch LLP has extensive experience representing banks in litigation involving claims made against them and claims for recoveries arising out of bank operations failures. We have specific expertise in the following areas: letters of credit; bank operations and collections; commercial paper and check fraud (including Check 21 and remote deposit capture issues); wire transfer fraud; disputed security interests; insurance bond claims; safe deposit litigation; legal process issues, including subpoena compliance, trustee process, attachments, search warrants and restraining orders; Truth in Lending Act claims; and representation of bank officer--and employee--witnesses at non-party depositions. Sally & Fitch LLP has represented numerous financial institutions in operations and counseling matters. Our services include negotiating and drafting software purchase agreements, service provider agreements, and customer agreements for financial institutions. The firm also has extensive experience in representing banks and creditor institutions in complex commercial collections.
Examples from our Bank Litigation Practice:
We obtained a defense verdict for a large national bank in a federal court jury trial in which plaintiff asserted claims of misrepresentation and sought over one million dollars in damages.
In another matter, we successfully defended a lender in a suit brought by borrowers who sought rescission of a mortgage loan transaction pursuant to the Federal Truth in Lending Act.
Bank Fraud Attorneys
The Firm represents some of the nation's largest banks as well as several regional financial institutions in numerous bank operations claims, check fraud and wire transfer fraud cases.
In one such recent case, we were successful in representing a large bank in pursuing claims for losses that it had incurred in connection with a multi-state check fraud scheme.
Bank Operations Attorneys
The Firm recently represented a Boston financial institution in redrafting its domestic and international wire transfer agreements as well as its letter of credit reimbursement agreement with related agency and servicer provisions. We also negotiated and documented leases and installation of ATM machines for 50 convenience store locations.
We have assisted another Boston-based bank in negotiating contracts with numerous third-party services providers.
We have also successfully defended banks in "public accommodation" discrimination claims.
Collections Attorneys
We have represented creditors in hundreds of matters and have recovered millions of dollars in assets for our clients by employing sophisticated investigative and legal tactics. Sally & Fitch LLP was one of the largest providers of litigation services to the FDIC as it concluded the collection and workout of loans made by over fifty failed banking institutions. Today we handle these cases mainly for lease and loan servicers and opportunity funds, as well as for banking institutions.
Contact: Francis J. Sally | Stephen C. Reilly | Jonathan W. Fitch
Dedicated to excellence in banking litigation
