COLUMBIA, S.C. (AP) -Michigan coach Rich Rodriguez says the federal lawsuit filed against him in South Carolina over a defunct Virginia real estate deal should be tossed and refiled in another state.
Rodriguez said in court documents filed Monday that any lawsuit over the project should be handled in Virginia, where the property is located.
In September 2007, a Spartanburg, S.C.-based bank loaned Rodriguez and his partner more than $26 million to build condominiums overlooking Virginia Tech’s Lane Stadium. That amount was later amended to about $3.63 million – the cost of only the land itself.
Earlier this year, an Alabama bank with an interest in the loan sued Rodriguez in South Carolina, saying the coach owes $3.9 million for defaulting on the loan.
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