FEDERAL DEPOSIT INSURANCE CORPORATION as Receiver for Darby Bank & Trust, Co., Plaintiff,
v.
WALTER B. BOWDEN, et al., Defendants.
United States District Court, S.D. Georgia, Savannah Division.https://leagle.com/images/logo.png
June 6, 2014.
June 6, 2014.
Attorney(s) appearing for the Case
Federal Deposit Insurance Corporation, Plaintiff, represented by Sean R. Smith , Taylor, English & Duma, LLP & William G. Leonard , Taylor English Duma.
United States District Court, S.D. Georgia, Savannah Division.
ORDER
G.R. SMITH, Magistrate Judge.
When FDIC-insured banks fail the FDIC takes them over. It did that when Darby Bank & Trust Co. failed in November 2010. The FDIC then formed a separate legal entity, the FDIC-R, to act as Darby's receiver. The FDIC-R, in turn, brought this bank mismanagement case against sixteen of Darby's former directors and officers.1 Doc.1. Pursuant to their Fed. R. Civ. P. 26...
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