Glen P. Trudel is a consumer financial services, banking, and business attorney who counsels financial institutions, marketplace lenders, "fintech" entities, and other companies on both regulatory and transactional matters. Glen has significant experience with documenting and creating marketplace lender platforms and structures, and with the acquisition and divestiture of consumer and business credit card and other loan portfolios. He also advises state and federal financial institutions and other entities on regulatory, operational and vendor outsourcing matters, debt sales and collection agreements, and other transactions, and assists clients in the structuring and documentation of new credit products and on formation and licensing issues in Delaware.
Before re-entering private practice, Glen was a Senior Vice President and Counsel with MBNA America Bank, N.A. (now part of Bank of America). During his 14 years with MBNA and since then, he has advised on a broad variety of general purpose and private label credit card/unsecured lending, deposit, and other bank regulatory issues. Glen has extensive experience in representing card issuers and partners in the negotiation, structuring, creation, and administration of joint marketing, co-brand, affinity, miles/reward program, and enhancement agreements, as well as account portfolio acquisitions and divestitures.
In his business practice, Glen counsels clients in the creation of business entities and in connection with contractual, traditional corporate governance and other matters, including providing Delaware law opinions.
