A federal appeals court has affirmed a lower court's ruling awarding SunTrust Banks Inc. $30.6 million of damages from the U.S. government in a case dating to the height of the savings and loan crisis.

More than 100 thrifts filed a lawsuit in 1995 arguing that the government had reneged on a pledge to allow healthy thrifts that bought failing ones during the crisis to count goodwill as regulatory capital. The plaintiffs included American Federal Bank of Greenville, S.C., which, through a series of mergers and acquisitions, eventually became part of SunTrust.

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