Partner Robert Flowers recently joined Stinson LLP’s Dallas office, expanding the firm’s Banking and Financial Services practice to Texas. Flowers comes to the firm after previously practicing in the Dallas office of Fenimore, Kay, Harrison & Ford, LLP.
“We’re excited that Robert joined us at Stinson because of the corporate, securities and M&A experience he can provide to our clients in Dallas and nationally,” said Dallas Managing Partner Paul Lackey. “He’s a fantastic addition and highly skilled in corporate and regulatory banking transactions as well as employee benefits matters.”
Flowers represents commercial banks, holding companies and other financial institutions in mergers and acquisitions, strategic planning, employee benefits and employee stock ownership (ESOP) matters. He is also experienced in advising clients on all aspects of obtaining new financial institution charters, including the regulatory application process, capital acquisition phase and early stage development, and representation following bank opening. Notably, Flowers represented the first de novo bank to file an application in the Dallas-Fort Worth market since 2008, with the filing of an application in December 2019.
He also leverages his experience to support clients in the design, implementation and administration of non-qualified retirement and compensation arrangements, including Code section 409A, and has advised on ERISA matters, tax and corporate law requirements and the impact of M&A transactions on employee compensation.
In addition to the recent de novo application in December 2019, he also represented the acquirer in the first failed bank acquisition in Texas since 2013, and represented a Texas credit union in a unique transaction in which the credit union sold substantially all of its assets to a Texas commercial bank followed by the credit union’s voluntary liquidation.
“Stinson’s strong banking practice and breadth of experience really appealed to me, as did the firm’s values of client service and community engagement,” said Flowers. “I’m excited to be here and to engage with clients, attorneys and staff from across Stinson’s national footprint and beyond.”
Stinson is consistently ranked among the top U.S. legal advisors for bank mergers and acquisitions and bank branch sales, according to S&P Global Market Intelligence. In the last five years, our attorneys have represented buyers and sellers in more than 50 bank mergers and acquisitions. Stinson also regularly advises on debt and equity financings for banks and bank holding companies, including public and private securities offerings, subordinate debt and other hybrid securities, tender offers and bank stock loans.
