Dana Transport Says Banks Pushed It Into $500M Default

Law360
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Dana Transport Says Banks Pushed It Into $500M Default
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The owner of Dana Transport Inc. accused PNC Bank, Wells Fargo & Co. and others of costing him more than $500 million with a scheme that thrust the trucking company into default on a loan even though it was current on payments, according to a racketeering suit filed in New York on Thursday...