Mary Gill, Darren McCarty, Michael Hartley and Robert Long presented this webcast hosted by Celesq. They covered the current statistics on bank failures, troubled banks, and claims against officers and directors. Other topics of discussion included the following:
- The likely actions by the FDIC in light of its pronounced policy that it “brings suits only where they are believed to be sound on the merits and likely to be cost effective"
- Who else might bring claims and what they may look like?
- Evaluating the threat of claims against directors and officers under the applicable standards of liability
- What are the common defenses?
- Trends in D&O policies, including how the carriers are interpreting key provisions
- Updates on recent developments, including judicial decisions
February 18, 2010
12:00pm – 1:00pm EST