Judge Upholds Judgment In Favor of BB&T In Loan Dispute

LAS VEGAS - A federal judge in Nevada on Dec. 17 denied reconsideration of a summary judgment ruling in favor of Branch Banking and Trust Co. (BB&T) in a suit arising from a $20 million loan, dismissing the defendants' argument about fair market value of a property secured by the loan, "newly discovered evidence" and a loss-sharing agreement (Branch Banking and Trust Company v. David M. Frank, et al., No. 11-1366, D. Nev.; 2013 U.S. Dist. LEXIS 176727).

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