ATLANTA - The 11th Circuit U.S. Court of Appeals on April 25 affirmed a district court's ruling requiring borrowers to pay back money they borrowed from a bank that subsequently failed, finding that the district court correctly concluded that a bank that acquired the borrowers' loans was entitled to summary judgment on its counterclaims against the borrowers (Dominic Applegate, et al. v. Federal Deposit Insurance Corp., No. 12-15449, 11th Cir.; 2013 U.S. App. LEXIS 8398)....(read more)![]()
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