Wells Fargo Seeks $5.6M From Capmark In Ch. 11 Case

Law360, New York (December 6, 2011, 10:18 PM EST) -- Wells Fargo Bank NA hit newly reorganized Capmark Finance LLC with an adversary suit Tuesday in Delaware bankruptcy court, seeking a judgment that it is entitled to a $5.6 million unsecured claim against the mortgage lender.

As successor to Wachovia Bank NA, Wells Fargo sought a resolution to its dispute with Capmark over whether the bank is entitled to the unsecured claim as a result of the mortgage lender's default under a swap agreement between the companies.

In 2001, Capmark, which converted from a corporation to...
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