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Federal Deposit
Insurance Corporation

Each depositor insured to at least $250,000 per insured bank

Information for Prospective Outside Counsel

Type of Work That May Be Available to Outside Counsel

The Legal Division provides the FDIC with comprehensive legal services and support and may need the services of outside counsel in the following areas, among others: bankruptcy and creditor’s rights; collections; environmental law; federal, state and local taxation; foreclosures; real estate and financial transactions, including debt restructure work; general business and corporate law advice; commercial and other litigation, including director and officer liability litigation, accountant liability litigation, legal and other professional malpractice litigation, and lender liability litigation; appellate litigation; fidelity bonds; pension and profit-sharing plans; and liquidation of failed insured depository institutions

The FDIC generally does not engage outside counsel to assist with regulatory, legislative, or enforcement matters, but may do so in certain circumstances.

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