FDIC Shakes Ruling Over Colonial Setoff Transfer
By Lisa Uhlman ( January 5, 2012, 8:41 PM EST) -- An Alabama federal judge on Wednesday vacated a bankruptcy court's January order preventing the Federal Deposit Insurance Corp. from using Colonial BancGroup Inc. funds transferred to BB&T Corp. to offset the more than $5 billion loss caused by BancGroup's failure....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.