Bank Directors', Officers', and Lawyers' Civil Liabilities, Second Edition is an essential resource for any attorney who is litigating or attempting to settle cases brought by the federal and state banking regulators against directors, officers, and legal counsel of financial institutions. It provides current analysis of the new law emerging from the courts, the Supreme Court's landmark decision in O'Melveny a Myers v. FDIC and the demise of the federal common law regarding failed financial institutions. Directors' and officers' liability insurance and bank fidelity bonds are also covered in detail. John K. Villa guides you through the complexities of litigating an action - and discusses ways to reduce the chances of litigation - with strategic recommendations for all key players. This authoritative treatise answers essential questions such as: When is a bank director indemnified? How is the statute of limitations applied? What added responsibilities does a lawyer assume by becoming a bank director; does federal or state law control? What are acceptable courses of conduct for the bank? What must agencies prove before a court will enforce an administrative subpoena for financial data? How does the Sarbanes-Oxley Act of 2002 affect those banks that constitute a public company?See OCC, FRB, FDIC, OTS, NCUA, Statement on Subprime Mortgage Lending, 72 Fed. Reg. ... Examination Council, have released a manual that also focuses on compliance with the anti-money laundering programs mandated by the BSA.
|Title||:||Bank Directors', Officers', and Lawyers' Civil Liabilities|
|Author||:||John K. Villa|
|Publisher||:||Aspen Publishers Online - 2011-06-23|