D. Burt Arrington has joined Squire Patton Boggs’ Financial Services Practice as of counsel in Atlanta, continuing expansion efforts that have seen the firm make recent senior appointments into the practice across the firm’s offices in London, New York, Madrid, Singapore, Washington DC and the Middle East. He joins the firm after spending the last 15 years in house at leading financial services institutions.
James Barresi, head of the global Financial Service Practice, said, “We have known Burt for a long time and have had the pleasure of working closely together on dozens of projects over the years. He has vast experience at leading banks and insurance companies, and sees the world through the eyes of a client. This insight brings enormous advantages to the way we practice law and anticipate clients’ needs. That’s an important part of our culture and integral to our services.”
Mr. Arrington added, “I’m very pleased to join Jim and the team at Squire Patton Boggs. During my time in-house, I have worked worked with many leading law firms and my experience with Squire Patton Boggs has always been exemplary and refreshing. When the opportunity to come here arose, I jumped at the chance because this is a firm that has the unique combination of a strong technical base and a practical, collaborative, and solution-oriented approach that is based on a holistic understanding of the financial sector and the businesses that comprise it.”
Prior to joining the firm, Mr. Arrington served as Corporate Secretary at Brighthouse Financial, Inc., one of the largest providers of annuities and life insurance in the US. Brighthouse was established as a stand-alone public company in 2017 following its successful spin-off from MetLife. Mr. Arrington joined MetLife in 2016 specifically to establish the newco public company board of directors and build its corporate secretarial function. As such, Mr. Arrington was responsible for all legal issues related to the boards of Brighthouse and its subsidiaries, with key responsibilities that included recruiting and onboarding Brighthouse’s board of directors, establishing the company’s governance profile, and developing the initial stockholder engagement program.
From 2007 to 2016, Mr. Arrington held several senior positions at BB&T, culminating in Deputy General Counsel. BB&T (now known as Trust Financial Corp. following the 2019 merger between BB&T and SunTrust) was a super-regional bank based in the southeastern US. At BB&T, Mr. Arrington managed the legal department’s Corporate, Securities and Tax Practice Group and the Mergers and Acquisitions Practice Group, serving as the lead in-house lawyer for of BB&T’s bank and non-bank M&A transactions from 2009 through 2016. During that time, BB&T was one of the most acquisitive banks in the United States. Mr. Arrington also served as BB&T’s lead securities lawyer, was the managing author of BB&T’s proxy statement, and was involved in a wide variety of board, regulatory and governance matters.
Mr. Arrington began his legal career at law firms in Atlanta and Charlotte, with a practice focused on corporate, securities and M&A.
Squire Patton Boggs’ global Financial Services Practice provides the highest quality legal, regulatory and public policy services to a wide range of participants in the financial services sector. The Practice continues to see strategic growth and investment in the US and internationally, with several senior hires in 2021, most recently capital markets lawyer Jennifer A. Val in New York, joining former senior bank regulator and CEO Derrick D. Cephas in New York; trade finance partner Robert Parson, funds practitioner Steven Ward, and real estate finance partner Jon Lent in London; asset finance partner, Kate Sherrard in Singapore, and a banking and finance team led by Pablo Rodríguez Abelenda in Madrid.