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Federal Deposit Insurance Corporation › GA Supreme Court

The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain... more +
The Federal Deposit Insurance Corporation is a United States federal agency created in 1933 in response to widespread bank failures in the 1920s and early 1930s.  The FDIC's mission is to maintain stability and consumer confidence in the United States banking system by insuring deposits, monitoring the health of financial institutions and managing receiverships.  less -
Manatt, Phelps & Phillips, LLP

Georgia Supremes Debate Bank Director Liability

Manatt, Phelps & Phillips, LLP on

May bank directors and officers be held jointly and severally liable for negligence in a tort action challenging their decision making process?...more

King & Spalding

Georgia House Bill 192 – Codifying and Clarifying the Business Judgment Rule in Georgia

King & Spalding on

Georgia Legislature Acts to Nullify Georgia Supreme Court’s Decision in FDIC v. Loudermilk - After passing both the Georgia House of Representatives and the Georgia Senate, House Bill 192 is awaiting the signature of the...more

BCLP

Analysis of FDIC v. Loudermilk Decision

BCLP on

The FDIC’s lawsuit against former directors and officers of the failed Buckhead Community Bank, one of the most closely watched Georgia corporate governance cases in years, went to trial in October, 2016. The jury returned a...more

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