NewsOK member benefits
Web Search powered by YAHOO!
Published: July 26, 2008
Bank sues SemGroup founder over loan
TULSA — Bank of America sued SemGroup LP founder Tom Kivisto on Friday seeking $12.9 million after he defaulted on a personal loan secured by his trust's interests in the bankrupt Tulsa energy company.
Bank of America approved a two-year $15 million loan to Kivisto on May 26, 2006. When the loan came due in May, the maturity date was changed to Aug. 24.
However, Kivisto's removal as chief executive offi...
You have selected to view an article that is older than 60 days. Get access to all our historical content by purchasing a pass to The Oklahoman. Select the option that works best for you.
Archive Subscription types & rates

