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FDIC Urges Ga. Justices to Say Bank Directors can be Personally Liable

FDIC asks justices to find that bank directors can be held personally liable for financial negligence

, Daily Report

The Supreme Court of Georgia is considering whether a Georgia law protects the corporate officers and former executives of a Buckhead bank that failed under their watch from personal liability for the bank's losses even if they neglected their corporate duties.

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Originally appeared in print as Financial stakes high in bank suit Financial stakes high in personal liability suit heard by GSC