David McCrea is a partner of the Financial Services Practice Group in Shutts & Bowen's Miami office. He counsels financial institutions and commercial financial services companies in the areas of consumer lending and retail financial services, including federal and state regulation of consumer lending and leasing and state licensing issues. He is experienced in counseling lenders regarding federal and Florida law considerations involved in the establishment of housing finance programs, auto finance and leasing and other consumer loan programs.
Mr. McCrea has counseled credit card issuers on matters involving both state and federal regulation of the credit card industry. He has also advised bank holding companies, banks and thrift institutions in connection with various issues involving day-to-day operational questions, including the check collection process and state and federal regulation of financial institutions. Mr. McCrea is also experienced in handling bank holding company, bank and thrift institution acquisitions and mergers.
Mr. McCrea has represented a broad spectrum of financial institutions and commercial financial services companies in the structuring and documentation of commercial finance transactions and asset-based transactions. He has handled asset-based lending, including accounts receivable financing and factoring, inventory financing and floor planning, equipment loans and leases, securities credit, acquisition financing and various types of specialized industry financing. His experience includes the representation of lenders in complex loan workouts and restructurings, bankruptcy proceedings and creditors’ rights litigation.
Education
- University of Miami School of Law, J.D., cum laude, 1977
- Emory University, B.B.A.,1972
- Georgia State University, M.B.A.,1973
Bar Admissions
- The Florida Bar
Affiliations
- American Bar Association, past Chair, Personal Property Financing Subcommittee, Consumer Financial Services Committee
- American Bar Association, Commercial Financial Services and Consumer Financial Services Committees
- The Florida Bar, Banking and Credit Regulation Committee
- Florida law editor, CARLAW and HOUSELAW publications
- Conference on Consumer Finance, Governing Committee
- National Conference of Commissioners on Uniform State Laws, Official Observer, Uniform Certificate of Title Act Drafting Committee
- Fellow, American College of Consumer Financial Services Lawyers
Practice areas
Industries
