Moore & Van Allen Law Firm, Attorneys
Practice Areas
  • B.A., Psychology, with honors, Wake Forest University, 2000
  • J.D., Boston University School of Law, magna cum laude, Edward F. Hennessey Distinguished Scholar, Paul J. Liacos Distinguished Scholar, G. Joseph Tauro Scholar and associate editor for the American Journal of Law and Medicine, 2003
  • North Carolina, 2008
  • New Jersey, 2004
  • New York, 2004
  • United States Court of Appeals for the Fifth Circuit
  • United States Court of Appeals for the Fourth Circuit
  • United States Court of Appeals for the Second Circuit
  • United States District Courts for the Western, Middle and Eastern Districts of North Carolina
  • United States District Courts for the Southern and Eastern Districts of New York
  • United States District Court for the District of New Jersey
  • United States Tax Court
100 North Tryon Street
Suite 4700
Charlotte, NC 28202-4003

Neil T. Bloomfield

Member
Overview
Representative Matters
News & Events
Publications
Professional Affiliations

Bloomfield is a member of the firm's Litigation Team specializing in responding to regulatory investigations and requirements as well as complex commercial litigation.  

Bloomfield regularly represents clients in inquiries by Federal (e.g. CFTC, DOJ, OCC, FRB, SEC, IRS, and the various U.S. Attorney's offices), State (e.g. the North Carolina Attorney General and other state Attorneys General, and the North Carolina Department of Revenue) and international authorities (e.g. U.K. Financial Conduct Authority, European Commission, Monetary Authority of Singapore, and Hong Kong Monetary Authority).  In addition to these inquiries, he regularly conducts internal investigations for matters ranging from compliance with internal policies to alleged violations of federal and state laws and regulations.  Bloomfield takes a holistic approach to investigations starting with uncovering the issues and defending the company under investigation, but then moving past the immediate issues to enhance compliance policies and procedures and monitoring and testing to make sure that any issues that are identified are not repeated across the enterprise.

Bloomfield also assists clients in responding to a variety of regulatory requirements including Comprehensive Capital Analysis and Review (“CCAR”) for ongoing regulatory investigations and potential legal exposure for events that may occur but have not yet impacted the company; Recovery and Resolution Planning and related training for boards of directors; Risk Data Aggregation and Reporting Requirements; and Sarbanes-Oxley whistleblower programs.  As part of this practice, Bloomfield provides assistance in designing or enhancing programs to comply with applicable regulations, legal opinions on regulatory compliance, drafting policies to promote regulatory compliance, and preparing materials and training to promote internal initiatives and achieve regulatory compliance. 

Before joining Moore & Van Allen, Bloomfield practiced with a large New York-based law firm.

PUBLICATIONS

SPEAKING ENGAGEMENTS

  • Panelist, Discovery in Government Investigations (April 2016)
  • MVA Attorneys Present at Association of Corporate Counsel CLE (July 2015)
  • Panelist, Emerging Issues in Cyber Security (April 2015)
  • MVA Attorneys to Present at MCB Attorney-Client Privilege CLE (October 2010)

Representative Matters

Mr. Bloomfield’s investigation practice includes the following representative matters:

  • Representing Fortune Global 500 financial services firm in Panama Papers related investigations.
  • Representing Fortune 25 and Fortune Global 500 financial services firms in investigations of foreign exchange trading.
  • Representing a Fortune 25 financial services firm in a global investigation into the London Interbank Offered Rate or “LIBOR” as well as other financial benchmarks.
  • Represented Bank of America in connection with the investigation of its merger with Merrill Lynch by the North Carolina Attorney General and the WDNC U.S. Attorney's office.
  • Represented portfolio management company in an investigation into allegedly improper trading activity which resulted in no charges for client.
  • Represented taxpayer against the North Carolina Department of Revenue regarding a golf course conservation easement deduction where the easement was valued in excess of $13 million and the Department ultimately withdrew all assessments after more than six years of investigation and litigation.
  • Represented taxpayers against the IRS in a dispute over two conservation easement deductions valued at more than $4 million, which resulted in a settlement allowing the taxpayers to maintain the majority of the deductions and avoid all penalties.
  • Represented taxpayer in ongoing audit by the North Carolina Department of Revenue challenging the taxpayer's Florida residency designation and the proper tax treatment of securities.

Mr. Bloomfield’s litigation practice includes the following representative matters:

  • Representing a trust in a dispute against the North Carolina Department of Revenue regarding a constitutional challenge to a statute purporting to permit the Department to collect taxes from trusts located outside of North Carolina.
  • Successfully defended insurance company against a claim by its insured under a political risk policy for the alleged taking of a power plant by the Inner-Mongolian government.
  • Successfully represented financial institution in the collection of more than $15 million in defaulted loans in two bankruptcies of related entities.
  • Successfully defended financial institution and its Board of Directors in an action brought by shareholders seeking to enjoin the merger of the company with another financial institution based on numerous alleged breaches of the Directors' fiduciary duties.
  • Successfully represented foreign financial institution in arbitration against a hedge fund.
  • Represented a financial institution in numerous successful appeals throughout the state appellate system and the U.S. Supreme Court in litigation arising out of the financial institution's financing of a failed real estate venture.
  • Won a dismissal for a real estate investment firm in a dispute with a commercial real estate broker about the development of property surrounding the Superdome.
  • Successfully defended protection and indemnity club against multi-billion dollar insurance claim related to Hurricane Katrina.

Publications

More »

Professional Affiliations

  • Judicial Independence Committee
  • Domestic Violence Advisory Board
  • North Carolina State Bar Association
  • New York State Bar Association