Cliff Stanford was a featured speaker during the session "Deposit Insurance, Failure and Resolution" at this conference hosted by the UNC School of Law.
This class involved a discussion of regulations governing insured bank deposits and the cost of deposit insurance. It then provided a detailed review of the failure and resolution process from the point of an adverse exam and a formal or informal enforcement action to the point of appointment of the FDIC as receiver for a bank and the alternatives available to the FDIC to resolve a failing bank. There was some comparison and contrast of the FDIC receivership for insured depository institutions, the bankruptcy process for the parent holding company and other corporate affiliates and the Orderly Liquidation Authority of the Dodd-Frank Act.
For more information, please click here.
March 30, 2016