2010-02-18chicagobusiness.com

Add J. P. Morgan Chase & Co. to the list of culprits Michael Kelly says contributed to the collapse of his Oak Park-based banking empire.

In a new court filing, Mr. Kelly’s FBOP Corp., whose nine banks were seized by federal regulators last fall, accuses Chase of “bad faith” in negotiations over paying off or extending a $246-million loan to FBOP.



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