Bank claims ownership of two NASCAR charters; asks court system to seize every asset of the team Back in November, Union Bank & Trust opened a lawsuit in North Carolina, against BK Racing. They say the NASCAR team owes them a substantial amount of money, originally at $9.1 million. Two […]
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The Lynch Racing Co. acquires Iowa City Capital Partners’ position in the Monster Energy NASCAR Cup Series team BK Racing Earlier this week, it was announced that Union Bank & Trust was seeking two NASCAR Charters. Those Charters were used as collateral to loans to BK Racing. However, Ron Devine […]
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