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11th Circuit Reverses, Affirms Rulings In FDIC Loan Repudiation Dispute

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ATLANTA - The 11th Circuit U.S. Court of Appeals on March 13 affirmed in part and reversed in part a district court's rulings in a suit involving the repudiation of a construction loan agreement by the Federal Deposit Insurance Corp., acting as the receiver for the failed Freedom Bank (Placida Professional Center LLC v. Federal Deposit Insurance Corp., No. 12-12204, 11th Cir.; 2013 U.S. App. LEXIS 4999)....(read more)

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