ZLF representing Nevada real estate developers against bank regarding claims of illegal lending practices arising from $45 million in loans
The Zohar Law Firm is representing, in Orange County Superior Court, the principals of one of Nevada’s most prominent real estate development companies against Pacific Western Bank. In 2007, ZLF’s clients had entered into several loan transactions with PWB for a total of $45 million. The case concerns whether the loans arose out of illegal lending practices, including violations of the “anti-tying” provisions of 12 U.S.C. Section 1972.