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Mark Belongia joins Thompson Coburn, strengthens banking industry team

February 21, 2018

Mark Belongia has joined Thompson Coburn as a business litigation partner in the firm’s Chicago office. Mark, previously with Duane Morris LLP, advises and defends banks and thrift organizations in regulatory, litigation and transactional matters. Mark works with banks of all sizes, ranging from major ones headquartered in the nation's money centers to regional and small community financial institutions. His clients include bank holding companies, financial service affiliates and their joint venture partnerships.

“Thompson Coburn is an extremely well-known and respected firm within the local and national banking and financial services community and will be a fantastic firm to further enhance and support my practice,” Belongia said.

Mark’s banking focus developed sharply during and in the aftermath of the Great Recession, when he worked hand-in-hand with a former regional counsel from the FDIC in the representation of troubled, failing institutions. Since then, his service to the banking industry has continued to deepen and Mark has gained a discerning knowledge of working with federal and state regulators.

Mark represents clients before the Department of Treasury, Federal Reserve Board, Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Securities and Exchange Commission, and Financial Crimes Enforcement Network. In addition, he works with state banking, securities and insurance regulatory agencies, including in regard to white-collar matters and internal investigations.

Aside from traditional banking, Mark represents non-bank lenders, including the FINTECH industry, on matters related to digital payments and consumer lending. Mark was named by Finance Monthly as a 2017 Consumer Lending Regulatory and Compliance Attorney of the Year. In addition, Mark is a leading national practitioner in the representation of the private postsecondary education industry in private loan financing to students.

Mark is also experienced in litigation in the entertainment space. He has represented a family in a matter against Fox Broadcasting Co. arising out of the reality television show “Renovate My Family,” which made international headlines and was amicably resolved during the litigation. He also presented oral argument before the U.S. Appellate Court for the Second Circuit located in New York for a trademark and copyright dispute case related to claims against the producers of the motion picture “Ice Age.” He also represented an independent film producer in a breach of contract lawsuit against famed film director Martin Scorsese, which was amicably resolved during the litigation. Related to this experience, Mark has represented professional athletes in various personal and professional disputes.