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Houston businessman Charles E. Hurwitz may end up turning the tables on the FDIC in the agency's long-running effort to collect from him and his companies. Hurwitz and his lawyers have long contended the agency's litigation was designed to force Hurwitz's Pacific Lumber Co. to turn over acres of old-growth redwood trees in a "debt-for-nature" swap. Now Hurwitz has an administrative law judge on his side, and his sights set on collecting sanctions from the FDIC.
October 15, 2001 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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