From Valleynewslive · · 50s
Bank sues Grand Forks doctor over loans
First Western Bank sues Dr. Khaled Rabadi for $7.86m in unpaid loans.
In brief
First Western Bank sues Dr. Khaled Rabadi for $7.86m in unpaid loans. First Western Bank claims Dr. Khaled Rabadi owes $7.86m as guarantor for three affiliated companies' loans. Originally reported by Valleynewslive.
Bank sues doctor
First Western Bank sues Dr. Khaled Rabadi over unpaid loans to affiliated companies.
Loan details
The bank claims $7.86m owed as guarantor for three companies by April 6, 2026.
Bank's complaint
First Western alleges loans are in default with late fees and unpaid property taxes.
Rabadi's response
Dr. Rabadi denies liability and lists defenses including unclean hands and accord and satisfaction.
Bank's motion
Bank seeks judgment for full amount plus interest and attorneys' fees by November 30.
What matters most
First Western Bank claims Dr. Khaled Rabadi owes $7.86m as guarantor for three affiliated companies' loans.
