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CORRECTED: Commerzbank Must Face Suit Over Movie Loan

By Jonathan Randles (July 21, 2011, 9:33 PM EDT) -- Commerzbank Aktiengesellschaft lost a bid Thursday to toss a contract suit lodged by First California Bank alleging it breached its role as administrative agent by failing to provide timely information about the depreciating value of Spyglass Entertainment Funding LLC's film library which was used to secure a $275 million loan to produce a slate of movies....

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