Relevant:
- Update: MILA CEO Sued By Bankruptcy Trustee
- Bankruptcy Trustee sues ex-Thornburg Mortgage execs for theft
- Thornburg Mortgage Bankruptcy Trustee Sues Banks
- The Home Equity Theft Reporter: BofA Drops Suit, Apologizes, Pays Legal Fees To Nashville's Ch. ...
- The Home Equity Theft Reporter: BofA Drops Suit, Apologizes, Pays Legal Fees To Nashville's Ch. ...
2008-09-09 — bizjournals.com
"The bankruptcy trustee of failed mortgage lender MILA has filed suit against its chief executive, alleging that he “looted†the company for personal gain for two years before it shuttered."-This was the subprime business model.
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