Phil Buffington | Jackson Banking Attorney | Balch & Bingham | Headshot - Large

C. Phillip Buffington Jr.

Partner
  • (601) 965-8157
Download Resume pbuffington@balch.com
Education
  • Mississippi College School of Law
    J.D., 1984
  • University of Mississippi
    B.B.A., 1981
Bar Admissions
  • Mississippi, 1984
About Phil
I pride myself in being more than a lawyer who practices law and goes home. I want also to be known as a lawyer involved in the community – to help and support on issues important to the communities we serve.
Q&A
  • What type of clients do you represent?

    For financial institutions, I’ve counseled on a wide range of topics – including corporate governance, merger and acquisitions, regulatory, succession planning, expansion and divestitures, de novo formations and charter conversions, bank holding company formations and expansion, notices of change in control and change in director or senior officer, strategic planning, capital planning, securities offerings, responses to examinations and enforcement actions, structuring  commercial lending transactions and evaluating and assisting in the development of new products and services.

    In the health care, insurance and manufacturing industries, I represent companies in corporate governance, vendor contracts, mergers and acquisitions, bid protest, regulatory matters, before legislative, regulatory and governmental bodies.  

  • What type of matters do you work on most often?

    I focus on counseling and transactions – including regulatory issues, mergers and acquisitions, corporate governance, capital planning and commercial lending – but clients appreciate that I also bring litigation experience when I provide them advice.

  • How are you involved in your community?

Select Matters

  • Advised boards of directors of financial institutions with regard to their duties and responsibilities, including regulatory, corporate governance, succession planning and risk management matters.
  • Negotiated, structured and handled mergers, purchase and assumption and expansions for over 30 years for numerous institutions throughout the southeastern United States.
  • Structured, documented and closed commercial loans, including syndicated loans, participations and all types of secured loan transactions.
  • Advised and assisted financial institutions in capital planning, including advising on private placements and registered offerings.
  • Advised and counseled on financial institution litigation involving director and officer actions, lending related litigation (including lender liability), shareholder derivative litigation, embezzlement, conversion, wrongful foreclosure and repossession, Equal Credit Opportunity Act claims, Fair Debt Collection Practices Act claims, Fair Credit Reporting Act claims and guaranty litigation.
  • Argued cases involving matters involving financial institutions before the United States Court of Appeals for the 5th Circuit.

News

    Credentials

    Education
    • Mississippi College School of Law, J.D., 1984
    • University of Mississippi, B.B.A., 1981
    Courts
    • Supreme Court of Mississippi
    • U.S. Bankruptcy Court, Northern District of Mississippi
    • U.S. Bankruptcy Court, Southern District of Mississippi
    • U.S. District Court, Northern District of Mississippi
    • U.S. District Court, Southern District of Mississippi
    • U.S. Court of Federal Claims
    • U.S. Court of Appeals, Fifth Circuit
    Bar Admissions
    • Mississippi, 1984
    Professional Affiliations
    • American Bar Association, Banking Law Committee
    • Mississippi Bar Association, Business Law Section
    • Madison County Business League & Foundation
      • Government Relations Committee, Chair of the Board
      • Diversity Committee, Vice-Chair
    • Mississippi Senate, Mississippi Tort Claims Board, Chair
    • Mississippi Economic Council, Board of Governors
    • University of Mississippi Banking and Finance Board, Member
    • Madison County Republican Party Executive Committee
    • Mississippi Republican Party State Executive Committee
    • Central Mississippi Planning and Development District, Board Member
    Awards & Accolades
    • The Best Lawyers in America® - Banking and Finance Law, Commercial Finance Law, Corporate Law, Financial Services Regulation Law, Mergers and Acquisitions Law
      • Lawyer of the Year - Commercial Finance Law, 2018
    • AV® Peer Review Rated by Martindale-Hubbell 
    • Mid-South Super Lawyers®, Banking, 2011-2019
    • Mississippi Business Journal, Top 10 Leaders in the Law, 2017
    Community Involvement
    • St. Andrews Episcopal Cathedral
    • Habitat for Humanity
    • American Heart Association Metro Jackson, Inc. Heart Walk. former Chair
    • Madison-Ridgeland Rotary Club
    • Congressman Michael Guest, Committee Representative for Madison County