Edward G. Rice

Shareholder and Director

Edward G. Rice

Shareholder and Director

EdwardRice
Phone 412-258-6723
Fax412-261-6221
vCardvcard

Mr. Rice is a Shareholder and Director of the firm, Co-Chair of the Financial and Cyber Security Services Groups and member of the Corporate Services Group. Mr. Rice’s practice includes counseling financial institutions, tech providers and related business clients on all aspects of eCommerce, multi-state and federal consumer credit and retail financial services. Mr. Rice also represents clients in general business matters and strategic matters. Mr. Rice’s in-house experience includes stints as General Counsel of Zoot Enterprises, Inc., a high tech firm located in Bozeman, Montana, which provides credit processing services to financial institutions, and as Associate General Counsel of Buffalo, NY based M&T Bank, where he represented the Bank and its subsidiaries in all phases of consumer credit and card merchant services. Mr. Rice was Senior Attorney with Mellon Bank Corporation (now BNY Mellon), early in his career.

EdwardRice
Phone 412-258-6723
Fax412-261-6221
vCardvcard

Areas of Law/Focus

  • All aspects of Retail and Consumer Financial Services, including Direct and Indirect Lending, Open-End and Closed-End, Home Equity, Auto, Marine, Student Lending, and Unsecured Product Development
  • Regulatory, including state and federal laws (e.g. Regulations Z; RESPA; Regulation B; State UDAP; Federal Preemption Issues)
  • eCommerce, including payments and electronic bill pay
  • Card Compliance – Credit Card, Debit Card, Stored Value Card
  • Payments systems and deposits, including Reg CC; Reg DD; Reg EE; NACHA; Check 21 Act and State UCC Articles 3, 4 and 4A
  • Complex Contract Matters including Service Agreements for ASP, Vender Agreements and Related Business Combination and Partner Agreements
  • Portfolio Sales and Acquisitions
  • Merchant Services and Card Processing
  • Consumer Loan Servicing Issues and Audits
  • Privacy and Information Security
  • General Corporate and Business Matters, including Subsidiary Formation and other Business Combinations, Corporate and Commercial Finance and Equity Matters

Education

  • J.D., Duquesne University School of Law, 1986 Associate Recent Decisions Editor, Law Review
  • B.S.I.E., Pennsylvania State University, 1980

Bar Admissions

  • Commonwealth of Pennsylvania, 1986
  • State of New York, 1999
  • U.S. District Court for the Western District of Pennsylvania

Professional & Community Activities

  • Member, Allegheny County Bar Association
  • Member, American Bar Association
  • Member, Consumer Financial Services Committee of the Business Law Section of the ABA
  • Past Board Member of ACC, Mountain West Chapter
  • Past Board of Advisors Member, College of Business, MSU
  • Past Chair, Consumer Banking Subcommittee of the ACBA
  • Pennsylvania Secured Transactions Under Article 9 of the UCC: Forms and Practice Manual, 1st ed., Edward G. Rice, Esquire, with contributions by Sharon M. Menchyk, Esquire, (2007/2008, 2009 Data Trace Pub.)
  • Contributor to the American Banker, the Baltimore Sun, the US Banker and other industry and trade publications on topics dealing with consumer financial services and the
    banking industry
  • Marquis Who’s Who in American Law (2007-2011), America (2009-2013) and the World (2009)
  • Frequent speaker on topics involving Privacy, Information Security, and Consumer Financial Services for various recognized trade forums, including the Pennsylvania Bar Institute (PBI) and the Financial Industries Network (FIN)