FEDERAL DEPOSIT INS. CORP. v. LOUDERMILK

S18Q1233.

826 S.E.2d 116 (2019)

FEDERAL DEPOSIT INSURANCE CORPORATION, v. R. Charles LOUDERMILK, Sr. et al.

Supreme Court of Georgia.

Decided: March 13, 2019.


Attorney(s) appearing for the Case

Joyce Gist Lewis , KREVOLIN HORST, LLC, Curtis J. Martin , MOZLEY FINLAYSON & LOGGINS LLP, Michael P. Kohler , Laura Elisabeth Ashby , Atlanta, Charles B. Lee , MILLER & MARTIN PLLC, George P. Shingler , The Shingler Law Firm LLC, Decatur, Ashley Elizabeth Wilson Clark , BUCKLEY BEAL, LLP, Atlanta, Kathryn R. Norcross , James S. Watson , Colleen J. Boles , John Stuart Tonkinson , FEDERAL DEPOSIT INSURANCE CORPORATION, Ellis A. Sharp , STOKES, WILLIAMS, SHARP & DAVIES, for Appellant.

Robert Richard Long , Theodore J. Sawicki , Elizabeth Gingold Clark , Lauren Tapson Macon , Atlanta, Brian David Boone , ALSTON & BIRD LLP, for Appellee.


This case comes to us by way of three certified questions from the United States Court of Appeals for the Eleventh Circuit. Given the lengthy history of this case, the facts are familiar to the federal courts and to ours. As the receiver of the Buckhead Community Bank, the Federal Deposit Insurance Corporation (FDIC) sued nine former...

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