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Davenport Evans Welcomes Alayna A. Holmstrom
Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce the addition of a new attorney, Alayna A. Holmstrom, to the firm. A native of Rapid City, South Dakota, Alayna Homstrom joined the firm as an associate attorney in September 2020. She is a graduate of the...
CFPB Appoints Davenport Evans Alumna Kristina Schaefer to Community Bank Advisory Council
On September 16, the Consumer Financial Protection Bureau (CFPB) announced the appointment of new members to its Community Bank Advisory Council (CBAC). CBAC members serve a two-year term and provide advice on how the CFPB’s policies and rulemakings affect community...
New Regulations Provide Relief for Usury Headache
It is a truism in banking that federal regulations are a burden for the industry, and bankers often cite compliance with federal regulations as a significant burden. In a rare exception to that truism, the Office of the Comptroller of the Currency and the Federal...
Best Lawyers® 2021 Recognizes 17 Davenport Evans Lawyers
Davenport, Evans, Hurwitz & Smith, LLP in Sioux Falls, SD is pleased to announce that 17 Davenport Evans lawyers were listed in Best Lawyers® 2021 for South Dakota, in 24 different practice areas. In addition, Jean H. Bender was named “2021 Lawyer of the Year” for...
FDIC Issues Rule on Minor Offenses, Eases Bank Hiring Restrictions
Federal law requires individuals who have been convicted of crimes of dishonesty and similar offenses to submit an application to the FDIC for approval before becoming employed by a financial institution. The FDIC has recently issued a new rule that eases restrictions...
14 Davenport Evans Lawyers Named by Great Plains Super Lawyers, Four Named “Rising Stars”
Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce selection of the following Davenport Evans lawyers to the 2020 edition of Great Plains Super Lawyers. Attorneys selected were ranked in the top 5% of practicing attorneys in South Dakota. Selected to...
Davenport Evans Welcomes Lori M. Rensink
Davenport, Evans, Hurwitz & Smith, LLP is pleased to announce the addition of a new attorney, Lori M. Rensink, to the firm. A native of Freeman, South Dakota, Lori Rensink joined the firm as an associate attorney in 2020. She is a graduate of the University of...
Davenport Evans Alumnus Dave Knudson Honored with Renaming of USD Law School
Davenport Evans is proud to celebrate the recognition of Dave Knudson today at the University of South Dakota School of Law. Philanthropist T. Denny Sanford generously pledged $12.5 million to the law school to establish an endowment to provide scholarship money for...
Common Questions on Asset Protection Trusts
From time to time the news media covers various issues related to the popularity of South Dakota’s trust laws. Recently there has been some coverage on the use of asset protection trusts in South Dakota. This coverage, combined with the challenging financial...
OCC Combination Rules and Bank Lending Limits
When it comes to fast food dining, the combo meal makes life easy. When it comes to applying combination rules to a bank’s lending limits, though, it’s not quite as simple as a quick drive-thru at your local fast food joint. Bankers are well acquainted with lending...