Banking & Financial Institutions
Mackenzie Hughes is among New York State’s leading, most highly regarded counsel for banks and credit unions, representing numerous financial institutions, large and small, throughout the State and counseling them on the ever changing regulatory landscape. Mackenzie Hughes represents many prominent regional banks and credit unions in various aspects of their business. Financial professionals trust us for no-nonsense counsel on a wide variety of complex issues.
Our attorneys in this area stay on top of the latest developments and know how to make the myriad laws and regulations work for our clients. We represent regulated financial institutions such as banks, credit unions, insurance companies and brokerage firms in the negotiation and documentation of the full range of commercial financial transactions:
Mergers and Acquisitions
Evaluation of merger proposals
Negotiating and drafting letters of confidentiality
Developing and providing counsel on takeover strategies
Federal and State Regulatory Matters
Truth-in-lending issues
Director liability
Conversions
Interstate banking
Service corporations
All other aspects of federal and state statutes and regulations
Financial Services
Commercial mortgage loans
Asset-based financing
Project/construction transactions
Conversions
Participation in multi-lender transactions
International Banking Matters
Currency control
Foreign investment
Trade financing, including letters of credit and export-import
Project financing
Loan Workout and Collections
Real estate–secured loan workouts
Asset-based workout
Bankruptcy and collections
Meet the Team
Our experienced attorneys will work with you to create meaningful legal solutions designed to help you make better business, personal planning and legal decisions.
Meet the TeamAttorneys

Richard C. Engel
Partner

Clayton H. Hale, Jr.
Partner and Co General Counsel

Frederick W. Marty
Partner

Neil J. Smith
Partner

Edward J. Spencer, III
Partner

James H. Nicoll
Partner

Caroline M. Bertholf
Associate
News
Four Quick Tips For Small Businesses During the Corona Virus Epidemic
So you’ve followed all the CDC guidelines, obeyed the orders issued by Governor Cuomo, and heeded the advice of my colleague Chris Jones with the same fanatical devotion as a samurai obeying his master. (https://mackenziehughe.wpengine.com/blog/new-york-provides-for-additional-paid-sick-leave-and-other-benefits-for-employees-under-covid-19-quarantine-order/). But most companies in the US are heavily indebted, and almost all companies’ cash flow will be reduced to a…
Read moreIan S. Ludd Joins Mackenzie Hughes LLP Business Department
SYRACUSE, N.Y. – Ian Ludd has recently joined the business department of Mackenzie Hughes LLP after graduating cum laude with both a Juris Doctor degree from the Syracuse University College of Law and a Master of Public Administration degree from the Maxwell School of Citizenship and Public Affairs. During Law School Ian was a member…
Read moreBlog
Four Quick Tips For Small Businesses During the Corona Virus Epidemic
So you’ve followed all the CDC guidelines, obeyed the orders issued by Governor Cuomo, and heeded the advice of my colleague Chris Jones with the same fanatical devotion as a samurai obeying his master. (https://mackenziehughe.wpengine.com/blog/new-york-provides-for-additional-paid-sick-leave-and-other-benefits-for-employees-under-covid-19-quarantine-order/). But most companies in the US are heavily indebted, and almost all companies’ cash flow will be reduced to a…
Read moreOver the past year, Bitcoin, a new alternative virtual currency was in the news almost every week. Since its creation in 2009, Bitcoin use has grown exponentially. It now has a presence in nearly every country in the world. Mainstream businesses including Overstock.com and Microsoft have also begun to accept Bitcoin for ordinary transactions. 1.…
Read moreAPPLYING FOR/REFINANCING A MORTGAGE? Be prepared. The approval process continues to evolve….
It is that time of the year here in Central New York where home buying activity typically picks up. Whether you are interested in getting a mortgage to purchase a new house or in refinancing an existing mortgage take a deep breath – the mortgage approval process continues to evolve and appears to be getting…
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