Jackie G. Prester, shareholder in the Memphis office, practices in the corporate and securities areas, with particular experience representing financial institutions, broker-dealers and investment advisers.
Corporate & Securities: Ms. Prester serves as lead counsel for four public companies registered under the Securities Exchange Act of 1934, providing regular advice regarding compliance with SEC disclosure requirements and corporate governance issues. Ms. Prester routinely advises companies raising capital through private placements of securities.
Financial Institutions: Ms. Prester represents numerous financial institutions, and has extensive experience forming, converting, buying and selling financial institutions. She represents clients in buying, selling and securitizing loan packages. She regularly counsels banking clients on various regulatory issues, and previously worked for six years as a national bank examiner with the Office of the Comptroller of the Currency.
Broker-Dealers & Investment Advisers: Ms. Prester represents numerous broker-dealers and investment advisers and has extensive experience forming, buying and selling such regulated entities. She regularly counsels clients on SEC and FINRA compliance issues.
Corporate & Securities
- Assisted public company in $14 million PIPE offering
- Assisted a public company in negotiating $23 million merger transaction.
- Assisted private company in the issuance of $50 million subordinated debt to private investor.
- Prepared multiple private placement memorandums for offerings of ownership interests for companies in the health care industry, including ambulatory surgery centers.
- Assisted a public company in a "going private" transaction.
Financial Institutions
- Assisted bank in negotiation of subservicing contract for approximately 141,000 mortgage loans owned by various private investors, securitizations, government agencies and the bank.
- Advised bank in sale of servicing portfolio of mortgage loans to Fannie Mae.
- Advised financial institution in evaluating rights and obligations with respect to numerous loan repurchase and indemnification claims relating to residential loan portfolio sales to third parties.
- Advised community banks in rules for participation in Small Business Lending Fund.
- Advised financial institution as to bidding process and other considerations for sale of bank.
- Advised financial institution as to sale of insurance division.
- Assisted multiple financial institutions in evaluating capital-raising alternatives.
- Assisted multiple financial institutions with addressing administrative actions imposed by their banking regulators.
Broker-Dealers & Investment Advisers
- Assisted investment advisory client in developing unified investment account program.
- Assisted investment advisory client in modifying/re-drafting ADV Part II brochure.
- Formed a private fund for an investment adviser.
- Drafted investment advisory client agreements.
- Assisted a broker-dealer to establish a foreign representative office.
- Speaker – "Regulatory Reform Initiatives: How Will Banks Be Affected?" 2009 Ole Miss Banking & Finance Symposium (November 2009)
- Author – "When the Government Becomes a Stockholder: Impact of the Capital Purchase Program on Bank Regulation," University of Memphis Law Review (Summer 2009)
- Speaker – "Rethinking the US Regulatory Structure Governing Financial Institutions: 21st Century Solutions for a 21st Century Marketplace," University of Memphis Symposium (February 2009)
- Speaker – "How Will the Financial Stabilization Legislation Affect Your Business?" Baker Donelson Webinar (November 2008)
- Co-author – "Know Who You are in Any Transactions with Broker/Dealers," Tennessee Chamber of Commerce & Industry Business Insider Newsletter (May 2008)
- Speaker – "Liability for Unauthorized Disclosure of Consumer Personal Information," ABA Corporate Counsel Committee Meeting (February 2007)
- Contributor – Bank Mergers and Acquisitions Handbook, ABA Antitrust L. Sec. (2006)
- Speaker – "Ethical Issues for In-House Counsel" (October 2006)
- Member – Memphis and Tennessee Bar Associations
- Adjunct Professor – Cecil C. Humphreys School of Law
- Listed as a Best Lawyer in America® in the area of Banking Law since 2008
- Listed in Mid-South Super Lawyers 2007, 2010, 2011
- Listed in Chambers USA: America's Leading Business Lawyers as a leading Banking & Finance lawyer in Tennessee
- Tennessee Bar Leadership Law Graduate, 2005
- University of Memphis Law School, J.D., 1996, with highest honors
- Rhodes College, B.A., 1987, cum laude