Amicus Brief: Against FDIC Suit Denying a Director’s Right To Bank Records for their Defense

The AABD has filed an amicus brief opposing the FDIC’s position in its suit against Bryan Cave that bank directors have no right to access or possess bank records for use in their defense of possible lawsuits by the FDIC and others following the closing of their banks. The brief argues that bank directors have a right to copy bank records while the bank is open in order to preserve such documents and to use the documents, following the closing of their banks, in their defense.