Andrews' Bank & Lender Liability Litigation Reporter
August 22, 2002
Winstar:
Copyright (c) 2002 Andrews Publications
U.S. GAINS FAVORABLE RULING IN FAILED-BANK CASE
First Commerce Corp. v. United States
The Court of Federal Claims has ruled against the owner of a failed bank in a Winstar case, holding that the documents passed between the parties during the acquisition of the bank did not evidence an intent to contract. The decision defeats the...
U.S. GAINS FAVORABLE RULING IN FAILED-BANK CASE
First Commerce Corp. v. United States