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Creditors of insolvent Delaware limited liability companies blocked from suing managers for breach of fiduciary duty

Bryan Cave LLP
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USA
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November 24 2010

In today's turbulent economic climate, it is vital for creditors and debtors to understand the precise boundaries of their rights and duties when an enterprise becomes insolvent

FDIC weighs in on director and officer removal of bank documents

Bryan Cave LLP
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USA
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March 19 2012

Following the failure of over 400 financial institutions since the beginning of 2008, the FDIC has clarified its expectations with respect to collection and retention of bank documents by directors and officers of troubled or failing financial institutions for the purpose of explaining or defending their conduct

FDIC files suit against former directors of the Bank of Asheville

Bryan Cave LLP
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USA
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January 25 2012

On December 29, 2011, the FDIC filed suit against seven former directors of the Bank of Asheville in the Western District of North Carolina seeking to recover over $6.8 million in losses suffered by the bank prior to receivership

Five common 409A design errors: 4 No six-month delay for public company terminations

Bryan Cave LLP
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USA
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March 20 2012

Code Section 409A is, in part, a response to perceived deferred compensation abuses at companies like Enron and WorldCom

Search results

Creditors of insolvent Delaware limited liability companies blocked from suing managers for breach of fiduciary duty

FDIC weighs in on director and officer removal of bank documents

FDIC files suit against former directors of the Bank of Asheville

Five common 409A design errors: 4 No six-month delay for public company terminations

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