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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
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
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 Team


Clayton H. Hale, Jr.

Partner and Co General Counsel


Ian 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…

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Bitcoin 101

Over 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 and Microsoft have also begun to accept Bitcoin for ordinary transactions. 1.…

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APPLYING 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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