McGlinchey continues firm growth with 2 new additions
During the past six months, McGlinchey’s consumer financial services compliance team has added eight new attorneys (including two members) in five offices, including Albany, N.Y., Cleveland, Houston, New Orleans and Washington, D.C.
According to separate announcements, the newest additions are Amy Greenwood-Field, who has joined the firm as a member (partner) in the Washington, D.C. office., and Aaron Kouhoupt, who has rejoined the firm as a member (partner) in the Cleveland office.
All told, McGlinchey operates from 15 offices with 140 attorneys licensed in 28 states.
And now both Greenwood-Field and Kouhoupt are part of that roster.
McGlinchey highlighted that Greenwood-Field focuses her practice on counseling financial institutions on a national basis in matters related to licensing and examinations, residential and commercial mortgage lending, consumer loans, debt collection and cryptocurrency transactions.
Before joining McGlinchey, Greenwood-Field served as counsel at Dentons, where she represented financial service providers in regulatory, licensing, examination, enforcement and compliance matters.
“We are excited to welcome Amy to McGlinchey,” said Mark Edelman, chair of the firm’s consumer financial services practice group. “Her experience will enhance our already robust national licensing practice and our money services business expertise.
“We look forward to providing our clients with legal strategy informed by her vast experience in many aspects of consumer finance law,” Edelman continued in a news release.
A former state regulator for 15 years, McGlinchey noted that Greenwood-Field is a nationally recognized leader on Nationwide Multistate Licensing System (NMLS) compliance. She assists clients with compliance issues and interaction with regulatory agencies, on both the state and federal levels, regarding licensing, audits, examinations, and enforcement actions.
The firm added that Greenwood-Field’s skillset includes researching regulatory requirements and maintaining compliance with complex consumer finance regulatory demands.
“I was drawn to McGlinchey because of the depth of their financial services team,” Greenwood-Field said in the news release. “I’ve worked alongside McGlinchey attorneys for years in various industry settings and they are colleagues for whom I have great respect. I look forward to growing my practice as part of this firm.”
Greenwood-Field offers particular capabilities for fintechs in transactions involving cryptocurrency, virtual currency and digital assets. She also serves as the chair of the Money Transmitter Regulators Association (MTRA) Industry Advisory Council (MTRA). The committee consults, advises and assists the MTRA board of directors on issues relating to money services business regulation.
With Greenwood-Field hire, McGlinchey is the only firm to have attorneys serve in leadership roles across three major consumer financial services industry advisory councils. In addition to Greenwood-Field role with the MTRA, Jeff Barringer serves as a member of the Industry Advisory Council for the American Association of Residential Mortgage Regulators (AARMR) and Robert Savoie serves as an Industry Advisory Council member for the NMLS.
“Amy is a wonderful addition to our D.C. office,” said Megan Ben’Ary, managing member of the firm’s Washington, D.C. office. “We are proud to provide exceptional legal and business counsel to our clients, and Amy’s impressive background will allow us to continue to meet this standard of excellence.”
Meanwhile, McGlinchey also announced that Kouhoupt has returned to the firm, focusing on advising traditional banks as well as fintech startups navigating the federal regulatory regime surrounding bank partnership programs and launching consumer finance products on a national scale.
“It is great to be back at McGlinchey among attorneys I know and trust,” Kouhoupt said in another news release. “Together, we will continue to deliver exceptional service to our consumer financial services and other clients.”
Kouhoupt returns to McGlinchey after serving as head of compliance and U.S. legal for Curve, a digital payments company, for which he will continue to provide legal counsel.
McGlinchey highlighted that Kouhoupt also has experience working in house at various financial institutions, including traditional banks, a peer-to-peer lending and alternative investing company, and with a European company launching a U.S. consumer finance product.
“We are happy to welcome Aaron back home at McGlinchey,” Edelman said in the other news release. “He brings to clients a range of industry knowledge forged from a first-hand understanding of their opportunities and challenges.”
Kouhoupt regularly advises clients on matters involving the Banking Secrecy Act (BSA), Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), Truth in Lending Act (TILA)/Real Estate Settlement Procedures Act (RESPA) Integrated Disclosure (TRID), State Banking Regulation and Legalized Marijuana, the Military Lending Act and the Home Mortgage Disclosure Act (HMDA).
“Aaron brings a wealth of knowledge and insights to our office and across the firm,” said Kelly Lipinski, managing member of the Cleveland office. “He has served our clients well with his knowledge of consumer finance law, and we know that his work will continue to yield tremendous benefits. We are glad to have him back.”