“had exaggerated the value of his holdings to secure favorable loan and insurance terms with financial institutions”
shouldn’t the financial institutions be suing him if that is the case?
“had exaggerated the value of his holdings to secure favorable loan and insurance terms with financial institutions”
shouldn’t the financial institutions be suing him if that is the case?”
Exactly. Who got hurt in all of this?
” ... shouldn’t the financial institutions be suing him if that is the case? ... “
I (non-lawyer) would think so.
In my prior life as a senior corporate customer of major banks, I never heard of anything like this.
That’s how anyone with brains knows this is VS.