Stung this year by a bad loan to a Las Vegas hotel and casino, GBC Bancorp in Los Angeles said late Tuesday that it will recover the full $30.9 million plus interest.GBC, the $1.5 billion-asset parent of General Bank, said Sunrise Suites Inc. is obliged to pay the sum under a settlement reached in Chapter 11 bankruptcy proceedings. GBC said the land intended for the casino and hotel is to be auctioned Jan. 26. A nearby 18-acre parcel is also to be sold if needed to generate funds for repayment to the bank.

- Matt Andrejczak

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