Georgia’s Supreme Court is pondering questions posed by a federal appeals court that could determine whether a $5 million verdict against the directors of the defunct Buckhead Community Bank is ultimately overturned.

Attorneys for the Federal Deposit Insurance Corp. and former members of the bank’s loan committee faced off Tuesday in oral arguments before the high court over whether the $5 million verdict, handed down by a federal jury in 2016, should have been apportioned among each of the defendants.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]