PNC Appeals BB&T Win In Spat Over $37M Loan

Law360, New York (April 7, 2010, 2:52 PM EDT) -- PNC Bank NA has appealed a federal judge's decision to award final judgment to BB&T Corp. on PNC's breach of contract and negligence, bad faith or willful misconduct claims in its suit accusing BB&T of mismanaging a participation agreement related to a $36.5 million construction loan.

PNC lodged its notice of appeal to the U.S. Court of Appeals for the Eleventh Circuit on Tuesday, taking issue with the district court's March 9 determination that PNC was not entitled to relief on its claims because its conduct...
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