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FOX45: Former Baltimore mayor sued for $2M loan default, faces mounting financial pressure

Summary by The Baltimore Sun
Former Baltimore Mayor Stephanie Rawlings-Blake is facing a lawsuit filed by an Indiana-based bank over a $2 million business loan. The lawsuit, filed Wednesday, seeks repayment after monthly payments of $28,000 stopped in May 2023, leading to a default in July. According to court documents obtained by FOX45 News, Old National Bank, which merged with CapStar Bank last year, filed the lawsuit in the U.S. District Court for Maryland. The bank is s…

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The Baltimore SunThe Baltimore Sun
Center

FOX45: Former Baltimore mayor sued for $2M loan default, faces mounting financial pressure

Former Baltimore Mayor Stephanie Rawlings-Blake is facing a lawsuit filed by an Indiana-based bank over a $2 million business loan. The lawsuit, filed Wednesday, seeks repayment after monthly payments of $28,000 stopped in May 2023, leading to a default in July. According to court documents obtained by FOX45 News, Old National Bank, which merged with CapStar Bank last year, filed the lawsuit in the U.S. District Court for Maryland. The bank is s…

·Baltimore, United States
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The Baltimore BannerThe Baltimore Banner
Lean Left

Ex-Baltimore mayor Stephanie Rawlings-Blake sued over $2M business loan

A lawsuit filed Wednesday by an Indiana-based bank against former Baltimore Mayor Stephanie Rawlings-Blake seeks repayment on a $2 million commercial loan.

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medicaleconomics.commedicaleconomics.com

Hospitals face mounting financial pressures amid declining margins, rising expenses

Financial sustainability of some hospitals comes into question

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Baltimore BrewBaltimore Brew

Rawlings-Blake sued for $2 million over a business loan she allegedly failed to pay

Baltimore’s former mayor, who left office in 2016, has not responded to two demand letters. Late fees are piling up, an Indiana-based bank says in a complaint filed in U.S. District Court.

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Baltimore Brew broke the news in on Thursday, January 9, 2025.
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