• Liability Considerations for Officers and Directors of Failed FDIC Insured Institutions
  • May 26, 2010
  • Law Firm: Venable LLP - Los Angeles Office
  • As a result of the failure of over 200 banks and savings institutions in 2009—and the likelihood of 300 or more failures in the foreseeable future—the banking industry may be faced with another tsunami of litigation brought by the FDIC alleging liability against officers and directors for the failure of their respective institutions.