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In its June 20, 2014 newsletter, Bloomberg Bankruptcy featured Venable’s representation of the acquiring bank in its acquisition of First Mariner Bank from its holding company, First Mariner Bancorp, in a transaction resulting in a nearly $100 million recapitalization of 1st Mariner Bank.

The Venable team, led by Bryson Cook, advised the acquiring bank in all aspects of the transaction. Mike Schiffer led negotiations with First Mariner Bancorp and coordinated the project, Eric Smith led negotiations with investors, John Beaty handled bank regulatory issues, and Richard Wasserman handled bankruptcy matters.