7th Circuit: $34M Claim By Bank Of America Against Debtor Company Denied

7th Circuit: $34M Claim By Bank Of America Against Debtor Company Denied

CHICAGO - A panel of the Seventh Circuit U.S. Court of Appeals on Aug. 8 affirmed a district court's ruling that dismissed Bank of America's $34 million complaint against a debtor company on grounds its complaint lacked specific allegations (Bank of America v. James A. Knight, No. 12-2698, Chapter 13, 7th Cir.; 2013 U.S. App. LEXIS 16474).

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