Bank sues Fl. recycler over alleged loan default

Jun 02, 2014 | 01:48 PM | Lisa Gordon

Tags  electronics recycler, CRS Holding of America, Creative Recycling Systems, Regions Bank, Regions Equipment Finance, loan default, lawsuit, Worker Adjustment and Retraining Notification Act WARN

PITTSBURGH — A Birmingham, Ala.-based bank has filed a lawsuit against an electronics recycler for allegedly defaulting on loans.

A complaint filed in U.S. District Court in Florida by Regions Bank and subsidiary Regions Equipment Finance Corp. against Tampa, Fla.-based CRS Holding of America LLC, Creative Recycling Systems LLC and all of its subsidiaries alleges that....

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