BofA Escapes Allstate Suit Over Countrywide Liability
U.S. District Judge Mariana R. Pfaelzer dismissed with prejudice one count each of successor and vicarious liability, intentional fraudulent conveyance and constructive fraudulent conveyance, saying Allstate had not proven any of the claims.
One claim of common law fraud against Countrywide, which Bank of America acquired in 2008, remains alive.
Allstate alleged that...
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