FDIC Suits Against Outside Advisors to Failed Banks: Latest Developments
Defending Agency Claims Against Auditors, Law Firms and Other Professionals; Maximizing E&O Insurance Coverage
FDIC's first lawsuit against failed bank's auditors filed Nov. 2012
Recording of a 90-minute CLE webinar with Q&A
This CLE webinar will provide banking counsel with a review of current theories behind claims against outside advisors and professionals to failed banks. The panel will outline common defenses for outside professionals and offer best practices for maximizing E&O insurance coverage.
- Overview of recent FDIC litigation activity
- Theories of liability and defenses for auditors
- Theories of liability and defenses for law firms and other outside professionals
- Strategies for maximizing available E&O insurance
The panel will review these and other key questions:
- What are the latest developments in FDIC litigation against outside advisors of failed banks?
- What theories has the FDIC advanced against various outside professionals?
- What are the most viable defenses available to defendants?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Mary C. Gill
Alston & Bird
With over 30 years of experience in securities litigation, financial services litigation and complex... | Read More
With over 30 years of experience in securities litigation, financial services litigation and complex transaction-related litigation, Ms. Gill has been lead counsel in cases nationwide. She is highly experienced in representing companies and financial institutions and their officers and directors in investigations and enforcement actions by the SEC, OCC, FDIC and other regulatory agencies.Close
Steven C. Morrison
Counsel, Professional Liability/Financial Crimes Group
With 25 years experience as a trial attorney and 34 jury trials of complex civil and criminal matters as lead... | Read More
With 25 years experience as a trial attorney and 34 jury trials of complex civil and criminal matters as lead counsel in cases nationwide, Mr. Morrison joined the FDIC as Counsel in the Professional Liability & Financial Crimes Unit in 2009. He is responsible for the professional liability investigations in failed banks with total assets of $12 billion in the Southeast US from North Carolina to Puerto Rico.Close
Linda D. Kornfeld
Jenner & Block
A nationally recognized insurance coverage litigator with extensive trial and appellate experience, she represents... | Read More
A nationally recognized insurance coverage litigator with extensive trial and appellate experience, she represents corporate and individual policyholders in high-stakes cases and has recovered hundreds of millions of dollars for her clients in insurance matters. She provides strategic counseling to in-house counsel and senior executives on mitigating risk and maximizing insurance recoveries.Close