Can the FDIC assert direct as well as derivative claims of stockholders of failed banks? The Seventh Circuit says “no (but maybe they should)”

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Location
USA
Firm
Weil Gotshal & Manges LLP
Tags
USA
Banking
Insolvency & Restructuring
Litigation
Weil Gotshal & Manges LLP
Shareholder
Fiduciary
Holding company
Federal Deposit Insurance Corporation (USA)
Seventh Circuit