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Opus Corp. settles lawsuit with U.S. Bank

Burl Gilyard Dolan Media Newswires Minneapolis — Minnetonka-based real estate firm Opus Corp. and Minneapolis-based U.S. Bank have settled a $78.8 million federal lawsuit that the bank filed against the developer in mid-July alleging loan default and fraudulent transfers of assets to family trusts. “The lawsuit filed by U.S. Bank against various Opus entities and the Rauenhorst Trusts ...

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