Practice Subgroup

FDIC representation

Our Banking Group attorneys represent the FDIC to protect the FDIC's position in all facets of bank failures. We draft documents that facilitate the transition of assets from the failed bank to the successor interest holders including the handling of foreclosure actions, work-out's, bankruptcy actions and complex real estate transactions.

Our highly experienced commercial and banking litigators examine the evidence and formulate causes of action for lawsuits designed to recover damages and losses to the FDIC insurance fund for such claims as breach of fiduciary duty actions against directors and officers, accountants, and other trusted advisers. We evaluate employee benefits and other claims to determine if appropriate shareholder derivative suits are to be assumed by the FDIC. We work with an international asset management company, one of the largest subcontractors of the FDIC, to ensure there is no interruption with the representation of the litigated matters including, among other types, mortgagee in possession and receiver cases. Our attorneys investigate and litigate national mortgage fraud initiatives against failed banks.

Additionally, we present seminars to the FDIC to assist them in staying at the forefront of the legal field, and we are law firm panelists for the FDIC educational seminars for the Women-Owned Business Enterprises and Minority-Owned Business Enterprises.