Don Meier advises public and private companies, private equity firms, venture capitalists, and other investors in a wide variety of corporate transactions, including M&A and securities transactions, critical vendor and other third-party relationships, and in the negotiation and drafting of related commercial agreements.
As Counsel in the Washington, D.C., office of Buckley Sandler LLP, his practice focuses on M&A, outsourcing arrangements, marketplace lending, purchases and sales of loans, and loan-related assets, including servicing rights, servicing and subservicing contracts, corporate reorganizations, and corporate governance matters for banks, financial services companies, money transmitters, fintech companies, and other business entities. He also frequently advises banks and other financial services companies on vendor management considerations and loan repurchase and indemnification issues.
Representative transactions include assisting:
- Buyers and sellers of mortgage lenders in various transactions and structures
- A licensed money transmitter in its acquisition of businesses and related assets from competitors in its industry
- A major Wall Street wealth management concern in various private-label mortgage origination and servicing technology, business process outsourcing (BPO) and software-as-a-service (SaaS) agreements and certain loan purchase and sale transactions
- Marketplace lender in its entry into and renegotiation of its bank partnership agreement
- Investors, including banks, agreeing to purchase consumer loans from publicly-traded marketplace lender and secure servicing on negotiated terms meeting regulatory requirements
- A well-funded joint venture to structure and launch a mobile wallet and related e-commerce initiatives, including various third-party agreements to license or otherwise incorporate various technology
- Various banks and nonbanks seeking to establish mortgage and unsecured consumer loan origination assistance and servicing businesses
- A federal savings bank in the sale of a default mortgage servicing platform and a related agreement for the purchaser to subservice the bank’s defaulted loans
- A mortgage servicer in a private-label component subservicing agreement to address a regulatory prohibition on default servicing
Prior to joining Buckley Sandler LLP, Mr. Meier was an Associate at Dechert LLP. He received his J.D. from the University of Pennsylvania Law School (cum laude) and his B.A. from Villanova University (summa cum laude, Phi Beta Kappa).
On June 23, the Maryland Court of Appeals affirmed a lower court judgment holding that a non-bank entity assisting consumers obtain loans from an out-of-state bank and then repurchasing those loans days later qualifies as a “credit service business” under the Maryland Credit Services Business Act (...Articles
On August 19, 2014, the CFPB issued Bulletin 2014-01 to address “potential risks to consumers that may arise in connection with transfers of residential mortgage servicing rights.” The bulletin, which is the latest in a series of CFPB regulations, statements, and guidance on this subject, replaces...Articles