A federal district court judge last week ruled that Bank One Texas-not the government-owns the expensive furniture and equipment of a failed Texas bank it bought in 1989.

In the latest phase of a six-year legal battle, Judge Sidney A. Fitzwater determined that the equipment was among the assets of the failed MBank NA, which Bank One bought from the Federal Deposit Insurance Corp.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.