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Litigation

: How Appealing

Court rules Coast loan holders were victims

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"Court rules Coast loan holders were victims": Saturday's edition of The Sarasota Herald-Tribune contained an article that begins, "Federal appeals court judges ruled Friday that Coast Bank borrowers were indeed victims in the scheme that involved a former bank executive skimming money from their loans. Federal prosecutors had maintained that it was the bank that was the victim."

The Associated Press reports that "Court says Florida homeowners also victims."

And at "The Volokh Conspiracy," Law Professor Paul Cassell recently had a post titled "All Those Harmed by a Federal Financial Crime Are 'Victims' Protected by the Crime Victims' Rights Act."

You can access Friday's ruling of the U.S. Court of Appeals for the Eleventh Circuit at this link.

Full post as published by How Appealing on December 21, 2008 (boomark / email).

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