James M. Kane is a Shareholder and a member of the firm's Financial Institutions group. From 1981 until joining Vedder Price, he was the district counsel in Chicago for the Office of the Comptroller of the Currency. As the chief legal officer for the OCC Central District, Mr. Kane served as a member of both the district’s senior management group and the supervisory review committee. He was responsible for providing legal and policy advice to the Deputy Comptroller and the 500 examiners of the Central District. In this capacity, he oversaw the resolution of complex and often contentious legal issues on a wide variety of matters, including product expansion, affiliate transactions, consumer compliance and securities laws. He represented the OCC in well over 100 enforcement actions involving both banks and individuals. He was frequently recognized inside the OCC for his leadership and innovative approaches. Several of the decisions of which he was an integral part were upheld by both federal district and appellate courts.
In 1993, Mr. Kane joined Vedder Price and today serves as the Co-Chair of the Financial Institutions group. His practice is focused on financial institutions and their officers and directors. He serves his clients in a number of different capacities. He serves as the regulatory and corporate counsel for many institutions. Calling upon his experience as a regulator, as a past director of two different community banks, and as a private practitioner for nearly 20 years, Mr. Kane is able to offer practical and experienced legal advice that few attorneys can match. In this capacity, he has counseled clients on general corporate, regulatory and securities matters, on new products and on mergers and acquisitions.
His enforcement experience with the OCC has made him an acknowledged leader in understanding today’s regulatory environment. This enforcement experience, coupled with his general knowledge of banking, gained through his experience as a regulator, a director and a private practitioner, provides him with a perspective that has proved invaluable to institutions and individuals alike. Operating as part of the Vedder Price Financial Institutions group, Mr. Kane has provided advice and counsel to numerous individuals confronted with possible personal liability resulting from their service as a director or officer of a bank. As part of this same team, Mr. Kane has provided advice and counsel to numerous financial institutions confronting possible liability, both civil and administrative, resulting from the nation’s consumer laws.
Mr. Kane received an "AV Preeminent" Peer Rating in Martindale-Hubbell. He has also been selected by his peers from 2013 to 2014 as a Leading Lawyer in Banking and Financial Institutions.