YOUR BUSINESS AUTHORITY

Springfield, MO

Log in Subscribe

Regions wins $1 million judgment

Posted online
Regions Bank has won a more than $1 million judgment against a North County petroleum company.

The Alabama-based banking company in 2007 loaned RM Petroleum Inc. $915,300, but the company owed the majority of the balance by October 2013, a month before Regions' lawsuit was filed, according to court documents.

According to the St. Louis Business Journal, RM Petroleum had no assets to pay the judgment.

Read more from the St. Louis Business Journal.

Comments

No comments on this story |
Please log in to add your comment
Editors' Pick
Fall 2026 Architects & Engineers Project Report

This installment of Springfield Business Journal’s Architects & Engineers Project Report showcases 26 endeavors by area design and engineering professionals.

Most Read
Update cookies preferences