Andrews' Bank & Lender Liability Litigation Reporter
November 14, 2002
FIRREA:
Copyright (c) 2002 Andrews Publications
FDIC'S CONTRACT CLAIMS DISMISSED IN LOAN FRAUD CASE
FDIC v. Wabick
An Illinois federal court has ruled that breach-of-contract and unjust-enrichment claims brought by the Federal Deposit Insurance Corporation against individuals who fraudulently purchased mortgage loans issued by a failed bank must be dismissed...
FDIC'S CONTRACT CLAIMS DISMISSED IN LOAN FRAUD CASE
FDIC v. Wabick