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Federal Judge Allows Lease Dispute With FDIC To Proceed

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ATHENS, Ga. - A federal judge in Georgia on March 26 denied the Federal Deposit Insurance Corp.'s motion for summary judgment in a suit in which an entity that leased space to a bank that failed alleged breach of contract, finding that a genuine dispute exists regarding whether the FDIC effectively repudiated the lease (Village Park Office I LLC v. Federal Deposit Insurance Corp., No. 11-0182, M.D. Ga.; 2013 U.S. Dist. LEXIS 41766)....(read more)

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