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Virginia bank's attorneys say Justices are using lawsuit as a "delay tactic" to avoid paying back
Virginia bank's attorneys say Justices are using lawsuit as a "delay tactic" to avoid paying back loansWest Virginia Gov. Jim Justice is suing Carter Bank to avoid paying what he owes, bank attorneys say in a motion filed recently in federal court.
The bank and its board are asking U.S. District Judge Frank Volk to dismiss the governor’s lawsuit, which accuses the the lender of “bait and switch” tactics to “induce” his companies to default on loans.
If Volk doesn’t dismiss the case, Carter attorneys want him to at least ship the case from the U.S. Southern District of West Virginia to the Western District of Virginia or Circuit Court of the City of Martinsville, Virginia, where Carter Bank is headquartered.
The Justice family filed its lawsuit May 31, a day before existing loans from the bank were set to mature.
Read more: https://www.wvgazettemail.com/news/legal_affairs/virginia-banks-attorneys-say-justices-are-using-lawsuit-as-a-delay-tactic-to-avoid-paying/article_23bcb0e9-2c6b-5828-939d-f348e5f5ed7b.html