Justice family reaches resolution with bank over loans
CHARLESTON, W.Va. (AP) - A resolution to legal issues between West Virginia Gov. Jim Justice’s family and businesses and Virginia-based Carter Bank & Trust has been reached.
The Bluefield Daily Telegraph reported the Justice group of companies said in a statement released Wednesday by attorney Steve Ruby that they ``successfully concluded a number of matters relating to Carter Bank and Trust.``
The Republican governor’s coal and hospitality businesses filed a lawsuit in May against the bank over claims of deception and sought damages of $421 million.
That action came after Carter Bank had filed suit regarding $58 million in loans that they said were ``personally guaranteed’' by Justice and his wife.
Copyright 2021 The Associated Press. All rights reserved.