Judge Keeps MBNA, Ixe Banco Contract Dispute Alive

Law360, New York (October 1, 2009, 12:37 PM EDT) -- A federal judge has refused to grant summary judgment in a contract dispute between MBNA America Bank NA and Ixe Banco SA over a failed joint venture to market credit cards and loans in Mexico, saying there still are issues of fact that need to be resolved in the case.

Judge Loretta Preska of the U.S. District Court for the Southern District of New York denied both parties' motions for summary judgment Sept. 29 and gave them a month to inform the court how they would...
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