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District court refuses to apply business judgment rule to claims against officers

Allen Matkins Leck Gamble Mallory & Natsis LLP
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USA
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June 21 2012

Since 2008, a total of 38 banks have failed in California

Federal judge refuses to find that california “can have no real interest” in loans closed out of state

Allen Matkins Leck Gamble Mallory & Natsis LLP
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USA
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October 28 2011

The geographic reach of California’s statutes continues to be tested in the courts

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District court refuses to apply business judgment rule to claims against officers

Federal judge refuses to find that california “can have no real interest” in loans closed out of state

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