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Wells Fargo Claims Default of $91M Loan for Fla. Condo Conversion
Wells Fargo Bank is asking a judge to take control of a troubled Boca Raton, Fla., condo conversion that the bank lent $91 million to purchase and redevelop, according to a suit filed in Florida state court. Wells Fargo claims that the developer failed to make its loan payments in a case that could be the largest recent real estate loan default in South Florida. The bank is demanding that the property go into receivership and that the developer return $73.9 million.Judge opens TD Bank depositions to media
Three bank officers are being questioned by the bankruptcy trustee who represents investors who claim TD Bank helped legitimize Scott Rothstein's $1.2 billion fraud.Largest New Partner Class Announced for Townsend
Townsend and Townsend and Crew has elevated eight attorneys to partner -- the largest incoming class in firm history -- bringing the total to 64 partners in five offices. "Our continued growth is not just concentrated in one geographic area, it is across all offices and practice groups," said firm Chairman James Gilliland Jr. in a press release.Officers Of Defunct First NLC Settle For $2.7 Million
A $2.7 million settlement with officers of the collapsed supbrime mortgage lender First NLC represents the last of several large settlements secured by the bankruptcy trustee.License Revocation Order Pursuant to Rule 1:28-2(c)
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