America's Community Bankers is resuming its court battle against the Federal Deposit Insurance Corp. over money collected from thrifts in late 1996.

The thrift trade group will appeal a Nov. 24 ruling by a U.S. District Court judge, who concluded that the FDIC was within its rights when it collected $200 million from the Savings Association Insurance Fund's nearly 2,000 members. The money was used to service bonds that bailed out the thrift fund's predecessor, the insolvent Federal Savings and Loan Insurance Corp.

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