DENVER - A federal judge in Colorado on March 25 granted motions by the Federal Deposit Insurance Corp., as the receiver for a failed bank, to dismiss three consolidated suits related to a $17 million real estate loan in part because the banks that filed the suits did not first exhaust their claims with the FDIC (FirsTier Bank, Kimball, Nebraska v. Federal Deposit Insurance Corp., et al., No. 11-3231, Adams Bank & Trust v. FirsTier Bank, Louisville, Colorado, et al., No. 12-0240, Adams Bank &...(read more)![]()
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