Eversheds Sutherland 11th Circuit Business Blog
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Jury Verdict for FDIC vs. Failed Bank Directors, Officers Upheld

The Eleventh Circuit may have closed the final chapter in the long-running litigation over the failure of the Buckhead Community Bank by affirming a $5 million jury verdict against a group of the bank’s former directors and officers.  FDIC v. Loudermilk, 2109 WL 3282609 (11th Cir. July 22, 2019).  A previous, related court decision during the controversy had disrupted settled...