MONUMENT BANK v. AMERICAN BANK, FSB

Contracts — Material breach — Excuse of performance This case involves a well- and fully documented commercial loan transaction that, like many loans of its vintage, wasn’t repaid as planned; this is the last of three lawsuits it has begotten. In the second case, the Circuit Court for Montgomery County ruled that Monument Bank (“Monument”), …

from http://thedailyrecord.com/2017/06/22/monument-bank-v-american-bank-fsb/

Advertisements

Author: Baltimore Checkbook

Best in consumer news and deals in Baltimore, MD.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s