Newton v. First Union National Bank
District Court, E.D. Pennsylvania
1Opinion of the Court
MEMORANDUM AND ORDER
ANITA B. BRODY, District Judge.
Plaintiffs James B. Newton (“Newton”), an African American, and Philadelphia Maintenance Inc. (“PMC”), a corporation of which Newton is the president and sole shareholder, bring this action against First Union National Bank 2 [hereinafter “the Bank”] alleging that the Bank improperly demanded repayment of a line of credit (“Line of Credit”) issued to PMC on October 19, 1995, ultimately obtaining a confessed judgment against Newton for the outstanding amount under the Line of Credit. Plaintiffs further allege that the Bank breached an…
2Cases cited36 opinions
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