Panel Certifies Questions In FDIC's Suit Against Bank Executives

Panel Certifies Questions In FDIC's Suit Against Bank Executives

ATLANTA - The 11th Circuit U.S. Court of Appeals on Dec. 23 affirmed the denial of the Federal Deposit Insurance Corp.'s motion for summary judgment in a suit it brought, as the receiver for a failed bank, against the bank's former directors and officers and certified questions to a state court regarding "ordinary diligence" and Georgia's business judgment rule (Federal Deposit Insurance Corp. v. Steven Skow, et al., No. 12-15878, 11th Cir.; 2013 U.S. App. LEXIS 25490).

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