Fifth District Judge James May has set aside all liens filed against West One Bank of Idaho by Bliss Valley Foods Inc. and ordered them removed within 10 days, the bank disclosed Thursday.
At the conclusion of a hearing last Friday, May ruled the liens should not have been filed and further ordered Bliss Valley, a Twin Falls-area mushroom farm, to pay West One reasonable attorney's fees incurred in removing the liens.The liens were filed against West One property throughout Idaho after May entered a $5.7 million judgment in favor of Bliss Valley and its president, Robert Erkins, earlier this year.
A jury found the bank liable for bad faith in its administration of a loan to Bliss Valley. The bank has appealed that verdict to the Idaho Supreme Court.
West One, headquartered in Boise, is the largest subsidiary of parent company West One Bancorp, a $4 billion holding company with 130 banking offices in Idaho, Oregon, Utah and Washington.
West One was formerly known as Idaho First National Bank, while West One Bancorp was formerly Moore Financial Group.