A federal judge has cleared the way for a lending dispute between the nation's top plaintiffs lawyers group and Wachovia Bank to go to trial. In a redacted opinion issued last week, Chief Judge Royce Lamberth of the U.S. District Court for the District of Columbia ruled there were valid questions as to whether Wachovia acted legally when it terminated an $89 million real estate loan it had negotiated with the American Association for Justice.
Federal Judge Green-Lights Trial Lawyers' Suit Against Wachovia
The National Law Journal
April 13, 2010