Judge Details Discovery Plan In Insurers’ $14.5M Suit Brought Against Borrower

Mealey's (October 20, 2021, 7:28 PM EDT) -- RALEIGH, N.C. — A federal judge in North Carolina on Oct. 1 announced deadlines for discovery in a lawsuit filed by three insurers in rehabilitation seeking to recover $14.5 million from a borrower under a loan agreement for its alleged breach of contract in failing to make a first interest payment....