OPINION
GERALD J. WEBER, District Judge.
On October 27, 1980, Pennbank officials seized the assets of a corporate client that had defaulted on its loan payments. Although the repossession plan achieved its short term objective, it spawned five lawsuits, an alleged loss of over $700,000 in settlements and over $400,000 in attorneys fees.
We merely paddle in the backwaters of this unusual story. Pennbank has sued its general liability insurer in an...
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