NewsR. Robin McDonald, Daily Report
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
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.