Perkins Coie Brings On Finance, Fintech Partner From BNY Mellon
Linc Finkenberg became well-versed in corporate trusts and legal risk management issues at BNY Mellon and now plans to put his skills to work for Perkins Coie's clients.
September 03, 2019 at 06:00 AM
3 minute read
Lincoln "Linc" Finkenberg, a senior corporate trusts lawyer at Bank of New York Mellon, has joined Perkins Coie's New York office, where he will be a partner in its financial transactions practice.
Finkenberg, who will also work with fintech clients, joined Perkins Coie on Friday after having worked for about 14 years at BNY Mellon, most recently serving as associate general counsel and managing director. He said he worked with many outside firms while in-house, and was impressed with Perkins Coie's innovativeness.
"Perkins has a great culture," he said, calling the firm "very entrepreneurial minded, very tech savvy and very open to change."
During his time at BNY Mellon, Finkenberg advised on major financial deals, including, early on, the acquisition of JPMorgan Chase & Co.'s corporate trust business, and more recently, the transition of another bank's government securities clearing business. He eventually came to oversee more than 30 lawyers and 100 transaction managers, according to his new firm, helping to manage risk and oversee broker-dealer and government clearing services.
He and his team also led the creation and purchase of overseas trust banks in Latin America, Europe and Asia.
Outside of the banking business, Finkenberg said he nurtured a knowledge of programming, machine learning and artificial intelligence, which he said can help law firms become more efficient and improve their accuracy, objectivity and client service. There are already software products on the market being deployed in the mergers and acquisitions context that can read tens of thousands of contracts and identify unusual clauses for lawyers to review during the due-diligence process, he said.
Finkenberg said he is also well-versed on risk management, having worked with BNY Mellon during the depths of the financial crisis. BNY Mellon was a major clearing and so-called triparty repo bank, and faced different risks than other banks did.
One person who played a role in Finkenberg's move was Ron Sarubbi, the chairman of Perkins Coie's financial transactions practice, whom Finkenberg said he came to know in his time at BNY Mellon. In a statement, Sarubbi said the new partner would help a broad swathe of the firm's clients, but singled out banks, noting his "wide-ranging global knowledge of trust banks."
Finkenberg earned his law degree from New York University Law School and has a bachelor's degree in accounting and finance from Baruch College.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllSEC Issues $6.75M Fine Against Financial Firm Led by Trump's Choice to Lead Commerce Dept.
3 minute readTrending Stories
- 1Fisher & Phillips Elects 25 New Partners In 15 Cities
- 2New York State Bar Outlines 2025 Legislative Priorities, Aiming for Fairness, Equity
- 3Family of 'Cop City' Activist Killed by Ga. Troopers Files Federal Lawsuit
- 4Houston Appeals Court Split Over Race Discrimination Suit Involving COVID-19 Vaccine Distribution
- 5‘It's Your Funeral’: On Avoiding Damaging Your Client’s Case With Uncivil Behavior
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250