Bancredito Holding Corporation v. Driven Administrative Services, LLC

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF PUERTO RICO BANCREDITO HOLDING CORPORATION, on its own behalf and derivatively for the benefit of and on behalf of Nominal Defendant BANCREDITO INTERNATIONAL BANK AND TRUST CORPORATION, CIVIL NO. 24-1039 (CVR) Plaintiff, v. DRIVEN ADMINISTRATIVE SERVICES, LLC, Defendant, and BANCREDITO INTERNATIONAL BANK AND TRUST CORPORATION, Nominal Defendant. OPINION AND ORDER INTRODUCTION The present case arises from the liquidation of a banking institution located in San Juan, Puerto Rico. Bancrédito Holding Corporation (“Plaintiff”), as sole…