Integrity Trustee's Case Not Up To Snuff: 11th Circ.

Law360, New York (June 15, 2010, 3:56 PM EDT) -- A federal appeals court has upheld a decision to throw out a case brought by the Chapter 7 trustee for bank holding company Integrity Bancshares Inc., parent of the failed Integrity Bank, against officers of both companies over alleged mismanagement and risky lending practices.

A three-judge panel of the U.S. Court of Appeals for the Eleventh Circuit handed down a ruling Monday rejecting Chapter 7 Trustee Jordan Lubin's challenge to a district court's decisions to grant motions to dismiss from the four individual defendants and the...
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