FDIC Interim Final Rule on Orderly Liquidation Authority

On January 18, the FDIC approved an interim final rule clarifying how it will treat certain creditor claims under the new orderly liquidation authority established under the Dodd-Frank Act. This interim final rule differs from the related Notice of Proposed Rulemaking by clarifying the standard for collateral valuations and the treatment of contingent claims. FDIC Release. FDIC Rule.