Legal Aspects of Banking I
Freshman Class

The Legal Aspects of Banking class for Freshmen provides students with an overview of major banking laws and regulations, and teaches students to spot legal issues in their everyday banking practice. The course focuses on practical, real-world scenarios faced by bankers in which banking intersects with the law. The Freshmen course teaches the basics of negotiable instrument and secured transactions. Students will also walk through the entire loan and mortgage process from inception to foreclosure and bankruptcy with particular emphasis on navigating the issues and complexities of the legal process.

Legal Aspects of Banking II
Senior Class

The Legal Aspects of Banking class for Seniors continues the practical everyday approach to assessing the intersection of the law and banking. Senior students will delve deeper into the legal considerations of loan formation and the bankruptcy process. The course focuses heavily on regulatory supervision of banks and major federal and state regulations. Students will also analyze banks’ legal duties to customers and assess real-world hypothetical legal issues.

Benjamin Thomas

Benjamin E. ThomasBenjamin E. Thomas is a shareholder at Sutin, Thayer & Browne, a Professional Corporation, and practices law in Albuquerque, Santa Fe, and in New Mexico primarily in banking law, creditors’ rights, commercial litigation, employment law, and civil rights. He represents financial institutions and other creditors in foreclosure actions, loan workouts and bankruptcy. With a particular emphasis in commercial loans, Mr. Thomas assists clients through the entire process of loan default to recovery of collateral and navigates creditors through the bankruptcy process. Mr. Thomas has been a Legal Instructor for the Western States School of Banking since 2014, instructing banking professionals on the basics of banking law and foreclosure law. He also teaches seminars to lawyers and creditors on the entire foreclosure process and has specific experience in guiding banks through the purchase of other financial institutions and the transfer of loans. Mr. Thomas earned his law degree from Boston University School of Law and his BA from Vanderbilt University. He has been recognized as an AV Preeminent lawyer by Martindale-Hubbell, the highest peer review ranking attainable by attorneys.