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Regions Bank Escapes Suit Over $34M RE Loan Default

By Kaitlin Ugolik (July 2, 2012, 5:18 PM EDT) -- An Alabama state judge on Friday dismissed Regions Financial Corp. from a lawsuit accusing the bank of conspiring with a real estate investment trust to defraud its joint venture partner in connection with a $34 million loan for a Gulf Shores residential development....

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