Mealey's Banking & Finance - Federal Judge Rejects Request To Amend Suit Against US Bank

Mealey's Banking & Finance - Federal Judge Rejects Request To Amend Suit Against US Bank

DENVER - A federal judge on May 15 denied a special district's motion to file an amended complaint against U.S. Bank National Association, which it alleges failed to pay a shortfall amount related to property the bank acquired after the failure of another bank, holding that amending would be "untimely, prejudicial, and futile" (MidCities Metropolitan District No. 1 v. U.S. Bank National Association, No. 12-3322, D. Colo.; 2014 U.S. Dist. LEXIS 66978).

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