We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Debt Claims Fail To Refer To ‘Lending Services’ Activities, 11th Circuit Affirms

(August 19, 2015, 11:30 AM EDT) -- ATLANTA — The 11th Circuit U.S. Court of Appeals on Aug. 18 affirmed a lower federal court’s ruling that debt allegations in an underlying bankruptcy proceeding fail to refer to the kind of conduct that constitutes “lending services” pursuant to a bankers professional liability insurance policy (Greater Community Bancshares Inc., f.k.a. Greater Rome Bancshares, Inc., et al. v. Federal Insurance Co., No. 15-11806, 11th Cir.; 2015 U.S. App. LEXIS 14437).

(Per curiam opinion available. Document #13-150820-018Z.)

In 2010, Greater Community Bancshares Inc. and Greater Community Bank...
To view the full article, register now.