Wrongful Dishonor

Wrongful Dishonor

The failure or refusal by a bank to pay a check that is properly printed and endorsed. If the bank wrongfully dishonors a check and the check writer suffers financial hardship, the writer may sue for damages.
References in periodicals archive ?
The complaint asserts causes of action for breach of contract and breach of the implied covenant of good faith and fair dealing, promissory estoppel, wrongful dishonor of checks, wrongful impairment of collateral, tortious interference or impairment with prospective business relations, and third-party beneficiary of contract and tortious interference with contracts and prospective business relations.
Plaintiffs asserted that the check processing policy at issue constituted breach of contract, wrongful dishonor and breach of the duty of good faith and fair dealing in connection with the check processing policy.
Bank's wrongful dishonor of the drawing last week, CE Casecnan was