Law360, New York (August 13, 2009) -- Bank of America NA has accused Colonial Bank of refusing to turn over $1 billion in loans and cash it held for the financial giant, marking more trouble for the Alabama-based financial institution already under investigation by federal regulators.
In a complaint filed Wednesday in the U.S. District Court for the Southern District of Florida, Bank of America alleges that Colonial has violated an agreement between the two financial...
