PlainsCapital, a $4.4 billion bank, filed suit against Hillary Machinery Inc., following a series of incidents that began last November. The bank was able to retrieve about $600,000 of the money, but when Hillary subsequently sent a letter requesting that the bank refunded the remaining $200,000, PlainsCapital responded by filing a lawsuit in U.S. District Court for the Eastern District of Texas. PlainsCapital’s most recent request for dismissal of Hillary’s case to be dismissed or heard under federal Regulation J covers wire transfers.”]
Source: https://www.cuinfosecurity.com/biz-vs-bank-war-words-heats-up-a-2349