Noteworthy Work
K&L Gates Represents Commercial Bancgroup, Inc. in Mergers With AB&T Financial Corporation
Global law firm K&L Gates LLP advised Commercial Bancgroup, Inc., the parent company of Commercial Bank, in its merger with AB&T Financial Corporation, the parent company of Alliance Bank & Trust Company. The firm also advised on the merger of Commercial Bank and Alliance Bank & Trust Company. The mergers create a community banking franchise with approximately US$2.2 billion in total consolidated assets.
With the completion of the mergers, Commercial Bank now operates 35 branch offices in Kentucky, North Carolina, and Tennessee.
The K&L Gates team for Commercial Bancgroup was led by Nashville partner Adam Smith with assistance from Charlotte partners Sean Jones and Randy Clark, Nashville associate Mary Blomquist, and Charlotte associate Lindsey Taulbee.
K&L Gates’ Corporate practice is one of the most substantial in the legal industry, with hundreds of lawyers in offices on five continents providing clients with practical legal solutions in the structuring, financing, and completion of domestic, international, and cross-border transactions.
K&L Gates is a fully integrated global law firm with lawyers located across five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.
