Eleventh Circuit Affirms Bank Directors’ Negligence in Approving Risky Loans
By EsqSocial Corporation 05/09/19
The Eleventh Circuit recently considered a negligence claim brought by the FDIC against directors of a Georgia community bank. Before the 2008 financial crisis, Buckhead Community Bank undertook a growth strategy to expand the bank’s loan portfolio....
By: Balch & Bingham LLP