In 2011, two federal banking businesses introduced civil injury actions within the Central District of California in opposition to executive officers of failed monetary establishments. In many states, together with California, Delaware and New York, there has been little dispute that the enterprise judgment rule applies equally to corporate officers and administrators. He at present serves because the Co-Vice Chair and Secretary of the Financial Institutions Committee of the Business Law Section of the California State Bar . He is the founder and managing associate of Joseph & Cohen, Professional Corporation () in San Francisco, CA. Mr. Joseph is a …