Rise Development Partners, LLC et al v. Signature Bank et al
Case Number:
1:23-cv-04242
Court:
Nature of Suit:
Judge:
Firms
Government Agencies
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October 23, 2024
Judge Says $85M Signature Bank Lawsuit Came Too Late
A New York federal judge has permanently tossed a lawsuit brought by a developer and its affiliates alleging that a former Signature Bank employee fraudulently misled them into unfavorable financial transactions, saying the claims are time-barred under the bank's one-year statute of limitations and not adequately pled.
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April 08, 2024
FDIC Wants Developer's $85M Suit Over Bad Deals Tossed
The Federal Deposit Insurance Corporation has urged a New York federal court to dismiss a developer's $85 million suit against a bank that is under FDIC receivership.
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November 08, 2023
FDIC Says Developer Ghosted On Joint Status Report
The Federal Deposit Insurance Corp. told a New York federal court Wednesday that counsel for the developer Rise Development Partners LLC failed to work on a joint status report in the developer's suit against Signature Bank.
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July 10, 2023
NY Judge Orders Signature Bank Client To Work With FDIC
A New York federal judge ruled that a developer must exhaust a claims review process with the Federal Deposit Insurance Corp. before it can continue pursuing a suit alleging that a Signature Bank employee ushered the real estate firm into detrimental debt deals.