Court Upholds $76.5M Award To Fifth Third Bank

Law360, New York (March 11, 2008, 12:00 AM EDT) -- A court battle that has lasted more than 13 years may finally draw to a close, now that an appeals court has awarded Fifth Third Bank of Western Ohio $76.5 million in a case stemming from the savings and loan scandal of the 1980s.

In a decision handed down on Monday, the U.S. Court of Appeals for the Federal Circuit affirmed a lower court's ruling and ordered the U.S. government to pay Fifth Third millions in damages, finding that the bank had been financially injured by...
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