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Industry
Insurance plays an essential role in risk mitigation for financial services companies. As risks evolve, questions often arise concerning the scope of insurance coverage and the interpretation and application of policy provisions. Winston’s insurance lawyers provide companies with best-in-class advice, corporate and transactional counsel, and, if need be, litigation defense in high-stakes coverage disputes and class actions. We have achieved excellent outcomes for our clients in matters involving a wide variety of insurance policies and claims, including cybersecurity, travel, long-term care, and annuities, among others. Moreover, we have experience in emerging issues and industries, such as blockchain technology and artificial intelligence, both of which present insurers with a unique and complicated set of risks and opportunities.
Practice Area
Winston’s financial services litigators advise financial services companies of every size and scope on litigation, dispute resolution, and regulatory matters in local, state, and federal jurisdictions. While we are proud to have advised many clients as to how avoid formal legal proceedings, should litigation arise, we bring to bear the full strength of our nationally renowned litigation and trial practice when it does arise.
Industry
For more than a century, Winston has been a trusted advisor and advocate to financial services clients around the world, advising them in some of their highest-stakes and most sensitive matters. Our multidisciplinary Financial Services Industry Group represents leading banks and financial services companies in a range of complex corporate and transactional matters; litigation and disputes; and regulatory, compliance, and enforcement matters.
Insights & News 4 results
Client Alert
|August 14, 2024
|5 Min Read
U.S. Banking Regulators Target Bank-Fintech Partnerships
On July 25, 2024, the Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, and Board of Governors of the Federal Reserve System (collectively, the “Banking Agencies”) released both a Joint Statement and request for information (RFI) regarding banks’ arrangements with financial technology (fintech) companies for the delivery of bank products and services to end users.
Competition Corner
|April 23, 2024
|9 Min Read
FTC Adopts Final Ban on Worker Non-Competes
On April 23, 2024, the U.S. Federal Trade Commission promulgated a final rule banning non-compete clauses in contracts with employees and other workers (the Rule).
Client Alert
|June 14, 2023
|8 Min Read
U.S. Federal Banking Regulators Release Final Interagency Guidance on Third-Party Risk Management
Almost two years after their release of Proposed Interagency Guidance on Third-Party Risk Management, the Federal Deposit Insurance Corporation (FDIC), the Board of Governors of the Federal Reserve System (FRB), and the Office of the Comptroller of the Currency (OCC) (collectively, the agencies), on June 6, 2023, released final interagency guidance on the management of risks associated with third-party relationships. Importantly, and a result that will bring clarity and consistency for insured depository institutions and their financial technology (FinTech) partners, the final guidance rescinds and replaces each agency’s existing guidance on third-party risk management.[1]
Other Results 1 result
Location
Founded in 1853, Winston & Strawn is one of the largest and oldest law firms in Chicago. The office is home to 275+ lawyers distributed across 23 practice areas. Our Chicago lawyers represent 90 companies in the Fortune 500 and are recognized in all the major directories and award competitions. They also are heavily invested in pro bono causes, having dedicated 16,250+ hours in 2022 to various pro bono organizations. They are hardworking, compassionate, and diverse—nearly 50% of the lawyers in this office identify as women, racial/ethnic minorities, and/or LGBTQ+. Our Chicago office also takes immense pride in fostering a collegial atmosphere that influences every aspect of our culture. From weekly Starbucks Socials, where colleagues gather to connect over coffee and conversation, to ping pong tournaments that ignite friendly competition, to volunteer opportunities around the city, we celebrate the camaraderie and sense of community that unite us. This not only enhances collaboration and teamwork but creates a supportive environment that inspires us to excel in our professional pursuits.