Bill Foley is a Partner in Locke Lord's New York office, focusing his practice in complex commercial litigation and arbitration with a particular emphasis in the banking, financial institutions and consumer finance industry. He has experience in all aspects of the litigation process, including motion practice, pre-trial discovery, trial and appeals. Since 2015, he has been named a “Rising Star” by New York Metro Super Lawyers.
As part of his banking, financial services and consumer finance practice, Bill regularly represents banks, mortgage lenders/servicers and other financial institutions in putative class and mass actions in both state and federal courts defending against alleged violations of the Truth in Lending Act (TILA), the Real Estate Settlement Procedures Act (RESPA), the Fair Debt Collection Practices Act (FDCPA), the Fair Credit Reporting Act (FCRA), and related state laws. Bill also represents banks and other financial service providers in lawsuits related to their roles in residential mortgage backed securities deals and has provided advice to one of the world’s largest international banks on its obligations as trustee under various mortgage-backed securities.
As another aspect of his financial services practice, Bill represents banks and mortgage servicers in all phases of disputed mortgage foreclosure actions, from facilitating loan restructuring and modifications pursuant to the Consumer Financial Protection Bureau (CFPB) rules, through obtaining judgment of foreclosure and defending related appeals.
Prior to joining the Firm, Bill worked with attorneys representing Major League Baseball (MLB) clubs throughout the salary arbitration process by aiding in the drafting and preparation of arbitration briefs and exhibits, and participating in the related hearings.