Color-Web Suing Its Bank, Seeking $13.8 Million
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“We arrived at the amount of our claim by estimating what four years of savings on production costs would have totaled, had we been able to use the new technology to grow our business and compete in our highly competitive industry,” he continued. “This is probably not a lot of money to a large institution such as People’s Capital, but their decision to pull our financing was enough to put my business under and everyone who it employed out of work.”
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