June 15, 2018
An Indiana federal court ordered Wells Fargo and a Brazilian guarantor Friday to pay more than $2.5 million plus interest and attorneys' fees to their lender after the two defaulted on a $6 million loan.
January 26, 2018
An Indiana lender won a $2.3 million award Thursday against Wells Fargo and a Brazilian guarantor over their default on a $6 million loan for a private airplane, when an Indiana federal judge rejected their arguments that the lender should have gotten the money from insurers instead.
April 10, 2017
An Indiana bank has to turn over details of a confidential settlement reached with AIG and another insurer over a $6 million aircraft loan that defaulted after the plane was impounded, an Indiana federal court ruled Monday, saying the plane's owners have a right to know if the insurers are working with 1st Source Bank as the owners fight the bank in court.