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Expert Analysis

Strategy Savvy From Strategic Growth's Mile High Bank Buy

Law360, New York ( March 1, 2013, 1:27 PM EST) -- On Dec. 31, 2012, Strategic Growth Bancorp Inc., an El Paso, Texas-based bank holding company, acquired Mile High Banks, a Colorado community bank, from the bank's parent, Big Sandy Holding Company, through an auction process conducted pursuant to section 363 of the Bankruptcy Code. Davis Polk represented Strategic Growth and advised on the complex and overlapping bankruptcy, mergers and acquisitions, credit, tax and bank regulatory issues presented by the transaction....

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