Sky Auto Mall defaults in Stellantis case, bank files to seize property

CEDAR RAPIDS, Iowa (KCRG) – A Linn County judge has defaulted the owners of Sky Mall in their lawsuit against Stellantis after they failed to respond to the lawsuit.

Stellantis Financial Group filed a lawsuit against Sky Auto Mall and its owners in March, claiming Sky Auto Mall had schemed to defraud them and other lenders and owes more than $12 million.

According to court documents, Sky Auto Mall took out multiple loans on the same vehicles and kept separate books to cover up the loans…

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