Search for: "New Hope Services, Incorporated, Plaintiff-appellant, v. United States of America, Defendant-appellee"
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17 Dec 2017, 3:28 pm
The account ended up being owned by FIA Card Services, a wholly owned subsidiary of Bank of America Corporation, and the transfer transaction was in the nature of a merger, not an asset sale to a third-party national bank.BANK OF AMERICA - FIA CARD SERVICES N.A.MERGER HISTORYWhile the sale to Midland Funding, LLC was an asset sale (portfolio sale), the transfer of the credit card account to FIA was not, at least not to an unrelated third-party. [read post]
