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1st Source Bank v. Neto et al
Case Number:
3:15-cv-00261
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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June 15, 2018
Wells Fargo, Guarantor Must Pay $2.5M Over Loan Default
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.
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January 26, 2018
Wells Fargo, Guarantor Hit With $2M Plane Loan Judgment
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.
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April 10, 2017
Bank Must Share Settlement Details In $6M Seized Plane Suit
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.