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Article: First Sound Bank Files Complaint for Declaratory Judgment in King County Superior Court.
- Article from:
- Science Letter
- Article date:
- January 13, 2009
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First Sound Bank (BULLETIN BOARD: FSWA) announced that on December 23, 2008 it filed a complaint for declaratory judgment in King County Superior Court. Named as parties to the complaint were Larasco, Inc. (the entity from which First Sound Bank purchased its Puget Sound Leasing business in March 2008) and 11 banks: Banner Bank, County Bank, Cowlitz Bank, HSBC Bank, Plaza Bank, Regal Financial Bank, Sovereign Bank, Washington Federal, Wells Fargo Equipment Finance, Bank of the West and Westsound Bank (see also First Sound Bank).
The case for declaratory judgment was filed in response to concerns expressed by some of the named banks regarding the parties' ...