A former bank in-house counsel, Glen brings real-world experience to financial institutions, marketplace lenders, fintechs, and other companies grappling with both regulatory and transactional issues.
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Glen is a consumer financial services, banking, and business attorney who counsels financial institutions, marketplace lenders, fintech entities, and other companies on both regulatory and transactional matters. He has significant experience documenting and creating marketplace lender platforms and structures, as well as with the acquisition and divestiture of consumer and business credit card and other loan portfolios.
Glen also advises state and federal financial institutions and other entities on regulatory, operational and vendor outsourcing matters, debt sales and collection agreements, and other transactions. Additionally, he assists clients in the structuring and documentation of new credit products and on formation and licensing issues in Delaware.
Before re-entering private practice, Glen was a senior vice president and counsel with MBNA America Bank, N.A. (now part of Bank of America). During, and since, his 14 years with the bank, he has advised on a broad variety of general purpose and private label credit card/unsecured lending, deposit, and other bank regulatory issues. Glen has extensive experience representing card issuers and partners in the negotiation, structuring, creation, and administration of joint marketing, co-brand, affinity, miles/reward program, and enhancement agreements, as well as account portfolio acquisitions and divestitures.
In his business practice, Glen counsels clients in the creation of business entities and in connection with contractual, traditional corporate governance, and other matters, including providing Delaware law opinions.
Representative matters may include engagements before joining Troutman Pepper.
Firm News
04.27.22
Troutman Pepper Continues Expansion of National Financial Services Team with Addition of Partner Glen Trudel
Consumer Financial Services Law Monitor
04.08.24
Fifth Circuit Reverses Transfer of Credit Card Late Fee Rule Lawsuit to D.C.
Troutman Pepper Financial Services
04.05.24
FDIC Announces Two More Consent Orders Containing Third-Party Risk Management and Fintech Partnership Orders
Consumer Financial Services Law Monitor
04.03.24
Fifth Circuit Temporarily Halts Transfer of Credit Card Late Fee Rule Lawsuit
Consumer Financial Services Law Monitor
04.02.24
CFPB Warns Remittance Transfer Providers That Marketing About Speed and Cost Could Violate the CFPA
Consumer Financial Services Law Monitor
03.29.24
Texas District Court Transfers Credit Card Late Fee Rule Lawsuit to D.C.