Wisconsin Banking Update
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Developer Sues M&I Over Agreement
Posted on June 25th, 2010 No commentsSubdivision developer Simon Group is suing M&I Bank over an agreement reached earlier this year that allowed the bank to take back several undeveloped properties to settle 15 foreclosure cases. In the suit, Simon Group alleges that M&I did not follow the conditions of the agreement, according to the Business Journal of Milwaukee.
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