Ex-Parent of Colonial Bank Sues BB&T for Return of $300 Million

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BB&T buys Colonial bank; 4 other banks fail.. it needed to be able raise an additional $300 million in private capital to be eligible for the federal assistance.. The lawsuit that prompted the order was filed by Bank of America.

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FHA Lender – Indian River, St. Lucie County As it moved to seize home, bank never told widow her loan was insured Ex-Parent of Colonial Bank Sues BB&T for Return of $300 Million

was rebuffed by a bankruptcy judge last September when it tried to sue Colonial BancGroup for a $900 million shortfall at Colonial’s banking subsidiary. The FDIC, which took over Colonial Bank in.

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