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‘Unrepaid Loan Carve-Out’ Does Not Bar Coverage For FDIC’s Suit, 9th Circuit Rules

Mealey's (October 21, 2016, 11:44 AM EDT) -- PASADENA, Calif. — The Ninth Circuit U.S. Court of Appeals on Oct. 19 affirmed a federal court’s finding that a bank’s management liability insurance policy’s "unrepaid loan carve-out" does not bar...
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