Sherrard, German, & Kelly, P.C.

Edward G. Rice

Edward G. Rice
Shareholder and Director
28th Floor, Two PNC Plaza
620 Liberty Avenue
Pittsburgh, PA 15222
egr@sgkpc.com

Phone: 412-355-0200
Fax: 412-261-6221

Mr. Rice is a Shareholder and Director of the firm and a member of the firm's Financial Services and Corporate Services Groups. Mr. Rice's practice includes counseling financial institutions and related clients on all aspects of multi-state and federal consumer credit and retail banking matters, including product development, servicing, due diligence activities in connection with mergers and acquisitions, asset management and collections, all aspects of card transactions, and representing financial institutions in consumer related litigation. Mr. Rice's practice also focuses on preparing and negotiating complex service and technology agreements, including processing agreements for card products. Mr. Rice also represents clients in residential and commercial real estate matters; counseling small businesses; and representing clients in various commercial litigation matters.

In-House Experience: From 1998 to 2004, Mr. Rice was Associate General Counsel of Buffalo, NY, based M&T Bank, a top 20 financial institution, and General Counsel to M&T Credit Corporation and Highland Lease Corporation. During this time, Mr. Rice represented all areas of consumer credit, including direct lending, indirect lending and the Student Lending Division. In this capacity, Mr. Rice negotiated various portfolio acquisition and sale agreements, servicing agreements, and multiple party pass-through and guaranty arrangements. Mr. Rice also negotiated agreements with outsource business partners for services such as telemarketing and consumer collections. Mr. Rice also represented the credit card and merchant processing functions of the Bank, and coordinated its privacy compliance initiatives in light of the passage of GLB in 1999. From 1988 to 1990, Mr. Rice was Senior Attorney with Mellon Bank Corporation. While there, Mr. Rice represented the consumer credit division and Mortgage Company, in all aspects of the business of each. Mr. Rice focused on portfolio sales and acquisitions of consumer assets.

Areas of Law/Focus

Retail Financial Services
Regulatory, including state and federal laws (e.g. Regulation Z; RESPA; Regulation B; State UDAP)
Consumer Retail Banking Product Development
Student Lending
Portfolio Sale and Acquisitions
Indirect Auto, Goods and Marine Lending
Home Equity Lending
Vendor Agreements
Technology Agreements
Credit Card Compliance
Merchant Services and Card Processing
Consumer Loan Servicing Issues
Privacy and Information Security
Due Diligence Activities in Connection with Mergers and Acquisitions, including consumer portfolio analysis
Asset Management and Collections
Representing Financial Institutions in Consumer Related Litigation
Real Estate Matters
Small Business/Corporate Matters

Education

J.D., Duquesne University School of Law, 1986
Associate Recent Decisions Editor, Law Review
B.S.I.E., Pennsylvania State University, 1980

Professional & Community Activities and Distinctions

Member, Allegheny County Bar Association
Member, Pennsylvania Bar Association
Member, American Bar Association
Member, Erie County (NY) Bar Association
Past Chairman of Consumer Lending Banking Subcommittee of the Commercial, Corporate and Banking Law Section of the Allegheny County Bar Association
Past Treasurer of the Kingsley Association, a non-profit youth organization
Marquis' Who's Who in American Law 2007-2008
Marquis' Who's Who in America 2008-2009

Publications and Presentations

Author, Pennsylvania Secured Transactions Under Revised Article 9 of the UCC, Forms and Practice Manual, published by Data Trace Publishing Company, First ed. 2007
Frequent presenter to a wide range of business and banking audiences on topics including Privacy and Information Security, and Consumer Financial Services Transactions; with presentations made on behalf of, among others, the Pennsylvania Bar Institute (PBI)

Bar Admissions

Commonwealth of Pennsylvania, 1986
State of New York, 1999