District Court, E.D. Virginia January 29, 2016, Case No. 1:15-cv-308 (MVB Bank, Inc. v. Stifel Bank & Trust)

MEMORANDUM OPINION

T. S. Ellis, III, United States District Judge

In this breach-of-contract dispute arising from the sale of a commercial loan portfolio, plaintiff alleges that contrary to contractual representations, defendant misrepresented that two loans included in the loan portfolio were cross-collateralized and failed to comply with its own policies and procedures when assessing the loans