This website uses cookies. For more information please contact us or consult our privacy policy.
Your binder contains too many pages, the maximum is 40.
We are unable to add this page to your binder, please try again later.
This page has been added to your binder.
Nikhil V. Gore's practice in the international and financial institutions groups focuses on complex international disputes, cross-border financial investigations, and other contentious arbitration, litigation and enforcement matters.
- Representation of a global financial institution in connection with an investigation of international money laundering, foreign corruption, and related issues.
- Representation of a major pharmaceutical company in an investment arbitration.
- Representation of a sovereign state in law of the sea matters.
- Representation of Synchrony Financial and GE Capital in connection with Synchrony’s separation from GE Capital, its approximately $2.95 billion initial public offering and a related $3.6 billion debt offering.
- Representation of a sovereign state on head of state immunity matters.
- Representation of a major natural resource company in an investment dispute.
- Regular representation of financial institutions with respect to anti-money laundering, UDAAP and fair lending issues.
Pro Bono
- Mr. Gore is involved in the firm’s pro bono representation of criminal defendants in Maryland courts.
Memberships and Affiliations
- Professorial Lecturer in Law (International Arbitration), George Washington University Law School
- Member, American Society of International Law
Previous Experience
- National Serviceman, Singapore Armed Forces (2006-2008)
July 21, 2017, Cov Financial Services
A recent poll — conducted by Lake Research Partners and Chesapeake Beach Consulting on behalf of Americans for Financial Reform and the Center for Responsible Lending — appears to show substantial public support for the Consumer Financial Protection Bureau (CFPB) and a number of its recent regulatory initiatives. The published poll results reflect, among other ...
July 20, 2017, Cov Financial Services
In remarks on Wednesday before the Exchequer Club in Washington, Acting Comptroller of the Currency Keith Noreika responded to State regulators and consumer advocates who have criticized the OCC’s proposed special purpose fintech charter (the proposed charter is discussed in this Covington client alert). Acting Comptroller Noreika’s comments on the fintech ...
June 9, 2017, Cov Financial Services
In its decision in Kokesh v. SEC, issued on Monday, June 5, 2017, the Supreme Court unanimously ruled that “disgorgement” of ill-gotten gains by the Securities and Exchange Commission (“SEC”) is a “penalty” within the meaning of 28 U.S.C. § 2462. As a result, disgorgement is unavailable to the SEC in judicial proceedings involving conduct...… Continue Reading
June 8, 2017, Cov Financial Services
The House of Representatives voted this afternoon to pass the Financial CHOICE Act (“CHOICE 2.0”), its comprehensive financial regulatory reform bill. The key provisions of CHOICE 2.0 are summarized in our client alert of April 24, 2017, available here, although the bill has evolved somewhat since April. As we wrote late last month, Representative Jeb...… ...
May 3, 2017, Cov Financial Services
The Treasury Department announced today that Comptroller of the Currency Thomas Curry would be stepping down from his post effective this Friday, May 5, 2017. Keith Noreika, a Washington, D.C., banking lawyer who was part of President Trump’s transition team for Treasury, will be appointed First Deputy Comptroller of the Currency and will serve as...… Continue ...
March 15, 2017, Cov Financial Services
As has been widely reported, FDIC Vice Chairman Thomas Hoenig put forward in remarks to the Institute of International Bankers on Monday, March 13, a “Market-Based Proposal for Regulatory Relief and Accountability” (the “Hoenig Proposal” or the “Proposal”). If adopted, the Hoenig Proposal would substantially change the regulation of large and complex banking ...
February 17, 2017, Cov Financial Services
The Clearing House published this week a report that highlights potential anachronisms and inefficiencies in current U.S. anti-money laundering / counter-financing of terrorism regulation. The report makes 8 core recommendations for reform, including the following: Centralizing Regulatory Responsibility: “The Department of Treasury, through its Office of ...
February 12, 2017, Cov Financial Services
The U.S. Court of Appeals for the Seventh Circuit recently issued a rare decision on a bank’s ability to challenge its supervisory ratings—in this case, its Federal Deposit Insurance Company (“FDIC”) Capital, Assets, Management, Earnings, Liquidity and Sensitivity (“CAMELS”) rating—in court. See Builders Bank v. FDIC, — F.3d —, 2017 WL 237585 (7th Cir. ...
February 3, 2017, Covington Alert
Throughout his campaign, President Donald Trump promised to curtail financial regulations, particularly those promulgated under the Dodd-Frank Act. President Trump argued frequently that the regulations issued under the act have proven overly burdensome and, among other things, limited job growth. This afternoon, the President took his first formal step in implementing his deregulatory agenda. He signed an executive order that will set in motion a comprehensive review of all financial regulatory requirements—including but not limited to those resulting from Dodd-Frank—and he issued a memorandum to the U.S. Department of Labor (DOL) ordering a 180-day postponement of its “fiduciary rule” and directing an analysis of whether the rule should be rescinded or revised.
January 30, 2017, Cov Financial Services
As we previously discussed, in October 2016, a 3-judge panel of the D.C. Circuit reviewing an enforcement action by the CFPB determined that the Bureau’s director is subject to at-will removal by the President. The Bureau subsequently petitioned for re-hearing before the full court. Late last week, following a motion to intervene by several state...… Continue ...
OCC Supplements Guidance on Third Party Oversight; Emphasizes Oversight of Lending Relationships
January 25, 2017, Cov Financial Services
The Office of the Comptroller of the Currency (the “OCC”) has released supplemental examination procedures on third party risk management. The procedures apply to national banks and federal savings associations of all sizes. They supplement OCC Bulletin 2013-29, which governs the risk management frameworks maintained by OCC-regulated banks in establishing, ...
May 5, 2016, Covington Alert
Today, the Consumer Financial Protection Bureau published a proposed rule substantially curtailing the ability of financial services firms and consumers to enter into voluntary pre-dispute arbitration clauses. The proposed rule would prevent financial services providers from including arbitration clauses in consumer contracts unless those arbitration clauses expressly permit class actions to proceed in court. The rule would also require financial services firms to provide copies of consumer arbitration agreements, claims and decisions to the Bureau for possible publication.
February 8, 2016, BNA's Banking Daily
December 30, 2015, BNA's International Trade Daily
November 17, 2015, Global Policy Watch
Note: This post is the second in a series of posts on the final text of the Trans-Pacific Partnership (TPP) by Covington’s International and Public Policy lawyers. The final TPP text, which was released on November 5, 2015, is available here. TPP is not expected to enter into force until at least 2016, with the timeline...… Continue Reading
October 15, 2015, Covington Alert
India’s Investment Treaties – Will the Government Reject a Core Standard of Investment Protection?
May 18, 2015, Global Policy Watch
Almost all of the more than 3,000 bilateral investment treaties (BITs) in existence offer foreign investors the protection of “fair and equitable treatment” under international law. India’s new draft model BIT does not. In place of the well-established standard of protection, which has been interpreted and applied in hundreds of prior investment arbitrations, ...
January 26, 2015, Global Policy Watch
One of the items at the top of President Obama’s agenda in India this week is the long-delayed U.S.-India bilateral investment treaty (BIT). Such a treaty was proposed by the President during his 2010 visit to India, but the proposal got little traction with the prior government. It is likely to do better with the...… Continue Reading
July 10, 2014, Global Policy Watch
On July 9, Indonesians went to the polls to vote for the nation’s second directly-elected President. Neither candidate has conceded, and official results will not be announced until July 22. However, independent polling and election monitoring organizations point to the loss of Prabowo Subianto, a Suharto-era general, to relative newcomer Joko Widodo, a ...
April 30, 2014, BankDirector.com
February 24, 2014, Covington E-Alert
2010, 34 Harvard Environmental Law Review 577