Louisiana Revised Statutes & Codes

La. Rev. Stat. § 6:786 (2026)

✓ current as of May 2026

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§786. Relation and liability of directors and officers

Notes of Decisions

Cited in 3 cases, 1996–1999 · leading case: Resolution Trust Corp. v. Miramon, 935 F. Supp. 838 (E.D. La. 1996).

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Resolution Trust Corp. v. Miramon, 935 F. Supp. 838 (E.D. La. 1996). · cites it 18× “The counter-claimants claim that the RTC violated § 6:786 by attempting to impose a standard of care higher than gross negligence, and that they suffered damages as a result of this violation.”

Resolution Trust Corp. v. Gaudet, 192 F.3d 485 (5th Cir. 1999). · cites it 2× “After the district court dismissed Federal Deposit Insurance Corporation’s (“FDIC”) suit against a number of directors and officers of a failed savings and loan institution (“the Gaudet defendants”), these defendants presented their counterclaim for attorney’s fees and costs…”

Unknown. · cites it 2× “After the district court dismissed Federal Deposit Insurance Corporation’s (“FDIC”) suit against a number of directors and officers of a failed savings and loan institution (“the Gaudet defendants”), these defendants presented their counterclaim for attorney’s fees and costs…”

— La. Rev. Stat. § 6:786(F) — 1 case

Resolution Trust Corp. v. Miramon, 935 F. Supp. 838 (E.D. La. 1996). “The counter-claimants claim that the RTC violated § 6:786 by attempting to impose a standard of care higher than gross negligence, and that they suffered damages as a result of this violation.”

— La. Rev. Stat. § 6:786(f) — 2 cases

Resolution Trust Corp. v. Gaudet, 192 F.3d 485 (5th Cir. 1999). “After the district court dismissed Federal Deposit Insurance Corporation’s (“FDIC”) suit against a number of directors and officers of a failed savings and loan institution (“the Gaudet defendants”), these defendants presented their counterclaim for attorney’s fees and costs…”

Unknown. “After the district court dismissed Federal Deposit Insurance Corporation’s (“FDIC”) suit against a number of directors and officers of a failed savings and loan institution (“the Gaudet defendants”), these defendants presented their counterclaim for attorney’s fees and costs…”

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