(AP) — An Ohio bank is permitted to pursue its $165 million foreclosure action against developer Tommy Spinosa and his Perkins Rowe multiuse property in Baton Rouge federal court, U.S. District Judge James J. Brady ruled.KeyBank National Association of Cleveland, sued Spinosa and his multiuse development in July, alleging no payments on the debt had been received since October 2008.Attorneys for Spinosa and Perkins Rowe asked Brady to kick the case out of federal court, because KeyBank sold loan participations to eight other lenders. Spinosa’s attorneys argued there could be no guarantee the other banks would not file separate suits against Perkins Rowe.Brady rejected that argument in a ruling he signed late last week.”The loan agreement expressly contemplates that the loan would be parceled out to other lenders,” Brady wrote.