Andrews' Bank & Lender Liability Litigation Reporter
August 22, 2002
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...