Turbulent Seas for Bank Directors and Officers—Is There a Port in this Storm?

Program Number: 2018

Program Date: 02/18/2010

Description

You won’t want to miss this discussion of the hot topics affecting bank officers and directors in the current legal climate. Join Alston & Bird LLP partners Mary Gill, Darren McCarty, Michael Hartley and Robert Long as they cover the current statistics on bank failures, troubled banks, and claims against officers and directors, and address such issues as:
• 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; and
• updates on recent developments, including judicial decisions.

$80.00Audio CD Add to Cart $80.00Online Audio Add to Cart

Available in states

Arizona, California, Colorado Eligible, Georgia, Missouri, New Jersey Eligible, New York, Texas Self Study

Credit Information

50 minute credit hour - 1 General CLE credit
60 minute credit hour - 1 General CLE credit

State Program Numbers

Presenters


Mary C. Gill, Esq.

Alston & Bird LLP

Mary C. Gill, Esq. is a partner in the law firm of Alston & Bird LLP, resident in its Atlanta office, where she is the senior woman in the Securities Litigation Group. With over 26 years of experience in securities litigation, financial services litigation and complex transaction-related litigation, she has been lead counsel in cases pending across the country, and she also represents companies and their officers and directors in investigations and enforcement actions before the Securities and Exchange Commission, the Office of the Comptroller of the Currency and other regulatory agencies. Currently the chair of the State Bar of Georgia Business Court Committee and a member of the State Bar of Georgia Business Litigation Subcommittee, she has served as an adjunct professor at Emory University School of Law. Ms. Gill is the author of the recent publication “Déjá Vu All Over Again: Bank Officers and Directors Prepare For A Replay of Litigation That Followed The Savings and Loan Crisis,” Alston & Bird’s Trends in Litigation, Winter 2009.

 

Michael J. Hartley, Esq.

Alston & Bird LLP

Michael J. Hartley, Esq. is a partner in the law firm of Alston & Bird LLP, resident in its Los Angeles office, where he is a member of his firm’s Securities Litigation Group. He represents public and private companies and their directors and officers in federal securities class actions, derivative litigation, shareholder disputes and corporate control fights, and he has an active trial practice defending and prosecuting claims for financial fraud, breach of fiduciary duty, theft of trade secrets, unfair competition and executive termination and compensation.

 

Robert R. Long, Esq.

Alston & Bird LLP

Robert R. Long, Esq. is a partner in the law firm of Alston & Bird LLP, resident in its Atlanta office, where he counsels and represents clients in commercial and regulatory disputes, particularly corporate governance matters, shareholder derivative and securities class action claims, professional liability claims, complex business disputes and proceedings with governmental entities such as the SEC, OCC, FDIC and Federal Reserve. He also counsels directors and officers on insurance coverage matters. Georgia Trend magazine recognizes Mr. Long as one of Georgia’s “Legal Elite,” and Atlanta magazine recognizes him as a “Rising Star.”

 

Darren L. McCarty, Esq.

Alston & Bird LLP

Darren L. McCarty, Esq. is a partner in the law firm of Alston & Bird LLP, resident in its Dallas office, where his practice focuses on commercial litigation, with an emphasis on complex financial disputes. Formerly a CPA in the State of Texas, Mr. Carty worked for a major accounting firm and served as an international airline industry consultant. He has represented directors, officers and other individuals in a number of actions, and his litigation experience extends to securities, antitrust, accountant malpractice, banking, breach of contract, breach of fiduciary duty, tortious interference, cross-border disputes, RICO, non-compete and other employment agreements, real property, and insurance coverage and bad faith.