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Home ADVOCACY Litigation and Cases (Page 2)
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October 8, 2014

Bank Directors in North Carolina and Elsewhere Breathe a Sigh of Relief

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

The AABD has posted documents for the following lawsuits brought by the FDIC against officers and directors as receiver for failed banks. AABD is opposed to ... Read More »
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April 25, 2011

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 ... Read More »
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December 22, 2010

FDIC Should Stop Interfering with Bank Directors’ Rights to Defend Themselves

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

On November 1, 2010, the FDIC sued the directors of Heritage Community Bank for $20 million. The bank was closed in 2009. AABD is opposed to ... Read More »
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June 28, 2010

Amicus Brief: Tennessee Commerce Bancorp; Whistleblower Litigation

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

The American Association of Bank Directors ('AABD') today announced its opposition to certain provisions in The Student Loan Sunshine Act (H.R. 890) that may jeopardize ... Read More »
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May 2, 2007

Amicus Brief: Cardinal Bankshares Whistleblower Litigation

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

American Association of Bank Directors Announces Report of Task Force on Asset Freezes of Bank Directors and Officers

The American Association of Bank Directors ('AABD') announced today that its AABD Task Force on Asset Freezes has issued the 'Report on the Use of ... Read More »
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