TITLE

LENDER LIABILITY -- BANKS WIN TWO

PUB. DATE
September 2011
SOURCE
Bankers Letter of the Law;Sep2011, Vol. 45 Issue 9, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses two court cases dealing with lending liability in which the courts sided with the banks. In Interpharm Inc. v. Wells Fargo Bank, the district court and the U.S. Court of Appeals for the Second Circuit dismissed the claims of the firm accusing the bank of wrongful conduct. In Capitol Radiology v. Sandy Spring Bank, the district court and the U.S. Court of Appeals for the Fourth District sided with the bank as the firm did not provide financial information.
ACCESSION #
66706219

 

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