John Geiringer to chair ABA Enforcement, Insider Liability and Troubled Banks Subcommittee
John M. Geiringer, head of Barack Ferrazzano's Bank Regulatory practice, has been appointed Chairman of the American Bar Association Committee on Banking Law's Enforcement, Insider Liability and Troubled Banks Subcommittee.
The scope of the subcommittee's concerns includes issues arising from the bank examination process, with emphasis on potential director liability, administrative enforcement issues and procedures including cease and desist proceedings, consent orders, civil money penalties, as well as issues relating to conservatorship and receivership, open bank assistance, and purchase and assumption of troubled banks and thrifts.
This appointment recognizes John's deep experience with bank regulatory matters, particularly with respect to troubled banks, and state and federal enforcement agencies and proceedings. John's term as Chairman will last for three years.