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 »
October 1, 2011
Director Liability: FDIC Litigation Summary
April 25, 2011
Amicus Brief: Against FDIC Suit Denying a Director’s Right To Bank Records for their Defense
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 »
November 1, 2010
FDIC Sues Directors of Heritage Community Bank
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 »
August 27, 2007
The Pending Student Loan Sunshine Act Bars Bank Directors’ Service on College Boards
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 »
June 19, 2003