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Home / Law / Bank of America wins $5.3M by default

Bank of America wins $5.3M by default

A $5.3 million default judgment against two Florida residents has been issued in St. Louis County Circuit Court. The underlying lawsuit, filed by Bank of America for breach of unlimited guaranty in January 2009, was brought against 12 defendants. All of them were members of Florida company Sherborn Development, which defaulted on nearly $5 million worth ...

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