Commerzbank wins in utility payment recovery suit
Commerzbank has beaten a suit brought by Georgia-based energy company, Mirant, which was looking to recover payments made to the bank against equipment loans; the judge in the case ruled that there was no evidence that the bank engaged in fraud by relying on a repayment guarantee, as the claimant had alleged.

By Michelle Casady (December 11, 2015, 8:21 PM EST) -- Commerzbank beat a suit brought by a successor to bankrupt Georgia-based energy company Mirant seeking to recover payments made to the bank against equipment loans, with a Texas federal judge finding Thursday there was no evidence the bank engaged in fraud by relying on a repayment guarantee....

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