Federal Judge Refuses To Sever FDIC's Suit Against Closing Agent

WEST PALM BEACH, Fla. - A federal judge in Florida on Sept. 6 denied a motion to sever claims in a suit by the Federal Deposit Insurance Corp., as the receiver for a failed bank, against the closing agent on a loan, finding that there is no basis to sever the case (Federal Deposit Insurance Corp. v. Mario D. German Law Center P.A., No. 12-81298, S.D. Fla.; 2013 U.S. Dist. LEXIS 127381).

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