realestate

JPMorgan Chase faces lawsuit over $481M commercial property loan dispute

Wells Fargo sues JPMorgan Chase over $481M commercial real estate loan.

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ells Fargo & Company has taken JPMorgan Chase to court over a $481 million commercial real estate loan. According to Reuters, the lawsuit was filed in Manhattan federal court and cites WFC's role as trustee for investors. The complaint alleges that JPMorgan Chase is responsible for the loan's performance.

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