FDIC Wants Developer's $85M Suit Over Bad Deals Tossed

By Isaac Monterose · April 8, 2024, 5:31 PM EDT

The Federal Deposit Insurance Corporation has urged a New York federal court to dismiss a developer's $85 million suit against a bank that is under FDIC receivership....

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Case Information

Case Title

Rise Development Partners, LLC et al v. Signature Bank et al

Case Number

1:23-cv-04242

Court

New York Southern

Nature of Suit

Banks and Banking

Date Filed

May 22, 2023