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FMG Law Blog Line

Posts Tagged ‘officers’

“Show Me Your Papers” Upheld by Arizona Federal Judge, Echoing Georgia Ruling

Posted on: September 7th, 2012

By: Kelly Morrison

A federal judge ruled Wednesday that Arizona authorities can enforce the most contentious section of the state’s immigration law, which critics have dubbed the “show me your papers” provision.

The ruling by U.S. District Judge Susan Bolton clears the way for police to carry out the 2010 law’s requirement that officers, while enforcing other laws, question the immigration status of those they suspect are in the country without documents.

An almost identical provision recently was approved by the Eleventh Circuit for use by Georgia law enforcement officers.

FDIC Continues to Pursue Directors and Officers

Posted on: September 4th, 2012

By: Ben Mathis

The FDIC continues to file a number of claims around the country against directors and officers of failed financial institutions. Recent decisions in Georgia, however, have raised the bar in holding that the business judgement rule requires the FDIC to prove gross negligence, as opposed to ordinary negligence, which is a much higher burden of proof.

The FDIC is not going away easily, however, and is appealing the issue to the Eleventh Circuit. The outcome is very important not just for financial institutions, but for directors and officers of any corporation. For a summary of recent D&O claims involving the FDIC and status, please see the attached link:

PLAN Spotlight: FDIC D&O Litigation