Patricia Gorham

Patricia Gorham

Eversheds Sutherland (US) LLP

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Georgia Supreme Court Applies the Business Judgment Rule to Bank Officers and Directors; Decision Has Implications for Corporate...

In a landmark ruling for officers and directors of Georgia’s financial institutions, the Supreme Court of Georgia held in FDIC v. Loudermilk, S14Q0454 (Ga. July 11, 2014), that officers and directors of banks are protected by...more

7/21/2014  /  Banking Sector , Banks , Business Judgment Rule , Corporate Officers , Directors , Good Faith
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