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Bank Zapped $1.3 Million for an Erroneous Estoppel Letter that Blocked a Sale

Lender assessed the costs of chapter 11 for causing an unnecessary bankruptcy.

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Opinion Link:

Opinion Link

Judge Name:

Michael G. Williamson

Case Citation:

Kraz LLC v. Branch Banking & Trust Co. (In re Kraz LLC), 15-655 (Bankr. M.D. Fla. April 18, 2017)

Case Name:

In re Kraz LLC

Case Type:

Business