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Litigation

Mar. 14, 2012

Obscure agency goes after credit union heads

A federal agency that has sued former credit union executives in an unusually aggressive liquidation here does not have to front litigation fees as defense lawyers had sought, a judge ruled Monday.


By Gabe Friedman


Daily Journal Staff Writer


LOS ANGELES - A federal agency that sued former credit union executives in an unusually aggressive liquidation here does not have to front litigation fees, as defense lawyers had sought, a judge ruled Monday.


U.S. District Judge George Wu found the former executives of Western Corporate Federal Credit Union, also known as WesCorp, could be entitled to indemnification, including attorney fees - only i...

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