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Pa. Atty's Suit Against Bank Should Be Axed, Judge Says

Law360, New York (June 8, 2016, 4:27 PM EDT) -- A Pennsylvania federal magistrate recommended dismissing Tuesday a locally prominent personal injury attorney’s suit accusing BB&T Corp. of acting coercively to renegotiate the terms of a $1.25 million line of credit, saying the allegations ignore the actual terms of agreements executed between sophisticated parties.

Attorney Richard Angino, based in Harrisburg, claimed in his breach of contract and civil conspiracy suit that the bank’s conduct regarding the loan has caused him to fall behind in paying his home mortgage and the rent for his law offices.

But U.S. Magistrate Martin C. Carlson said in his 40-page report to Pennsylvania Middle District Chief...

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Case Information

Case Title

Subscribers Only

Case Number

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Court

Pennsylvania Middle

Nature of Suit

Contract: Other

Judge

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Date Filed

November 2, 2015

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