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Federal Stimulus Money Sparks Lawsuit: Associated General Contractors and...
This past Thursday the San Diego Chapter of the Associated General Contractors (the “San Diego AGC”) sued the California Department of Transportation (“CalTrans”) claiming that racial and gender...
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D’Oench, Duhme Active in California
The D’Oench, Duhme doctrine and Section 13(e) of the Federal Deposit Insurance Act (a/k/a 12 U.S.C. §1823(e)) were active in Sacramento late last month to deny a borrower’s claim for reformation of her...
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FDIC vs. Construction Lenders Jury Verdict: IndyMac Bankers Liable for $169...
Jurors awarded this $169M verdict (PDF) against three former IndyMac Bank executives for originating dubious construction and development loans. It happened last Friday in Los Angeles at the US...
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