Poor Michael Vick he can't get a break. Now he has a 2.3 million lawsuit against him. Royal Bank of Canada is suing Vick for more than $2.3 million (U.S.), alleging the suspended NFL star’s recent guilty plea on federal dogfighting charges has caused him to default on a loan. The lawsuit was filed Sept. 20 in U.S. District Court in Newport News, Va. According to court documents, Vick obtained a $2.5 million line of credit from the bank’s Global Private Banking office in New York City in January and drew on that loan to invest in real estate “which is not a primary residence.” The documents provide no other details of that investment but specify the proceeds were not to be used for “personal, family or household purposes.” As of Sept.19, the balance due from Vick was $2,313,694.37, the filings said. Royal Bank is seeking repayment of that amount plus $499 in interest charges per day and legal fees.
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