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On September 10, 2014, a Federal District Court in North Carolina dismissed the suit by the FDIC to recover losses related to the failure of state-chartered Cooperative Bank ... Read More »
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October 1, 2011
Director Liability: FDIC Litigation Summary
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April 25, 2011
Amicus Brief: Against FDIC Suit Denying a Director’s Right To Bank Records for their Defense
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AABD has requested FDIC Chairman Bair to permit bank directors to copy or have access to bank documents they need to defend themselves against suits ... Read More »
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November 1, 2010
FDIC Sues Directors of Heritage Community Bank
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INTEREST OF AMICUS CURIAE
The AABD, which has obtained the consent of all parties to its amicus curiae participation in this case, is a non-profit organization ... Read More »
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August 27, 2007
The Pending Student Loan Sunshine Act Bars Bank Directors’ Service on College Boards
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From its inception, AABD has striven to help assure that bank directors are given reasonable protections against personal liability and the tools with which to ... Read More »
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June 19, 2003