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Verdicts & Settlements

Borrowers get $10M setoff on counterclaim against Wachovia (access required)

An arbitrator has awarded Cameron and Dee-Dee Harris (the “Borrowers”) more than $10 million as a setoff in an arbitration against Wachovia. Wachovia accelerated the loan and initiated the arbitration, asserting that a loan-to-collateral default had occurred. The Borrowers responded ...

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