TheRoadBack Posted October 30, 2012 Report Share Posted October 30, 2012 Hi everyone,I had a question regarding a bank which failed and sold its assets to another bank. A lawsuit was originally filed by the now insolvent bank but being that it's assets have been sold do I have grounds for a motion to dismiss? If so, what are those grounds? If there is anything else I might be able to do to defend myself?Any of your expert advice would be greatly appreciated.Thank you in advance for your help! Link to comment Share on other sites More sharing options...
WhoCares1000 Posted October 31, 2012 Report Share Posted October 31, 2012 If you have a judgement against you, then the case is not closed because the new owner of the judgement has the right to collect. You have to find out who that is. If you cannot find that information out, then either ask an attorney or the court clerk how to proceed.If you are still in lawsuit phase (no judgement), then the lawsuit continues as before with the new owners taking the place as the defendant. They still have to follow time limits so I would hold their feet to the fire regarding that hoping that they have to abandon the case with everything else flying around. Link to comment Share on other sites More sharing options...
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