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With a $21 million settlement between former officers and directors of Southeast Bank and creditors now agreed upon, only two lawsuits remain against the former $10 billion Miami-based financial institution that failed in 1991. The settlement includes a cash payment of $9 million to the Southeast estate and a release of creditor claims by former Southeast officers and directors.
June 15, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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