April 22, 2021
Apple Bank for Savings has asked a federal judge in Manhattan to declare that the bank is owed nearly $28 million after an air charter broker ran into headwinds honoring the terms of a complex finance arrangement with Apple Bank, Honda Aircraft Co. LLC and the Bank of Utah.
March 12, 2021
Plane manufacturer Honda Aircraft Co. LLC has sued the Bank of Utah and the Apple Bank for Savings, accusing the two of failing to honor the terms of a complex financial agreement intended to help a foundering air charter broker that purchased several Honda airplanes.