Cullen and Dykman LLP Announces R. Patrick Quinn as Partner and Launches Distributed Ledger Technology Practice

Uniondale, NY – Cullen and Dykman LLP announces that R. Patrick Quinn has joined the firm as a partner in its Long Island office. Mr. Quinn will lead the firm’s newly established Distributed Ledger Technology (DLT) Practice, advising banks and other financial institutions.

Mr. Quinn brings more than 30 years of experience as a financial services attorney and senior executive. He previously served as Senior Executive Vice President, General Counsel, and Corporate Secretary of Flagstar Bank, where he led legal and regulatory functions.

Regarding the firm’s expansion into distributed ledger technology, Christopher H. Palmer, Managing Partner of Cullen and Dykman LLP, said: “We are thrilled to welcome Patrick to the firm. His deep expertise in the GENIUS Act and the evolving stablecoin landscape is a significant addition to our team. As digital assets move further into the regulatory mainstream, Patrick’s ability to navigate the intersection of traditional finance and technology ensures our clients remain ahead of the curve in this complex environment.”

The firm’s DLT Practice helps banks and financial institutions integrate blockchain and digital asset technologies within established regulatory frameworks. It advises on tokenized deposits, stablecoins, payment tokens, blockchain-based settlement and servicing systems, smart contracts, and digital asset structures, with a focus on compliance and risk management.

At Flagstar, Mr. Quinn co-led development of a tokenized deposit product and helped establish the USDF Consortium. He later served as a Senior Advisor to Deloitte and participated in the Legal Working Group for the Regulated Settlement Network’s 2024 proof of concept. He said, “I’m thrilled to join Cullen and Dykman. I bring a practical, business-focused perspective shaped by advising executive teams and boards through complex, high-stakes decisions. My work with innovators in blockchain and next-generation financial services has provided perspective at the forefront of the industry. I look forward to combining that experience with Cullen and Dykman’s platform to help clients capitalize on emerging opportunities while managing risk in a rapidly changing financial landscape.”

The new practice enhances the firm’s ability to advise banks and other regulated financial institutions and complements its strengths in financial, utility, and environmental regulatory matters. Mr. Quinn added, “Distributed ledger technology is no longer theoretical — it is already reshaping how banks move money, manage risk, and deliver services, and it is beginning to transform commercial activity more broadly. Institutions that move quickly to understand and adopt these capabilities will have a meaningful competitive advantage. My focus is on helping clients navigate that shift with clarity, confidence, and a strong legal and strategic foundation.”

About Cullen and Dykman LLP

Cullen and Dykman LLP is a full-service law firm that clients have trusted to deliver top-tier, cost-effective legal services since 1850. With nearly 200 attorneys in eight offices, the firm serves clients across the Eastern United States and is strategically positioned to meet their changing needs and demands.