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CALCUTT v. F.D.I.C.

No. 22-714.

143 S.Ct. 1317 (2023)

598 U.S. 623

Harry C. CALCUTT, III v. FEDERAL DEPOSIT INSURANCE CORPORATION.

Supreme Court of United States.

Decided May 22, 2023.

The Federal Deposit Insurance Corporation (FDIC) brought an enforcement action against petitioner, the former CEO of a Michigan-based community bank, for mismanaging one of the bank's loan relationships in the wake of the "Great Recession" of 2007-2009. After proceedings before the agency concluded...

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