lender liability

lender liability

An area of the law devoted to various theories of wrongdoing by financial institutions in their relationships with third parties, not just borrowers.

References in periodicals archive ?
Wilson represents lenders and other financial and business entities in litigation related to bankruptcy and insolvency matters, lender liability defense, real property and other contractual and financial disputes.
Marcus also litigates a wide range of commercial matters, including cases involving financial instruments, consumer rights, creditors' rights, lender liability and other business disputes.
Greenberg joins the company with over 40 years of experience in commercial lending, both as a commercial banker and as an expert testifying in over 100 lender liability law suits.
If it's conducted too late, lack of familiarity with the rule increases the risk that mistakes will be made and that lender liability will increase.
Our firm represents numerous types of complex litigation cases—from lender liability to wrongful death.
Excluding the impact to 2013 results of an unfavourable jury verdict in a lender liability case, which decreased 2013 net income by USD28m, or USD0.
Borrowers who file lender liability counterclaims typically assert fault on the part of the lender at various points in the mortgage process: during the initial extension of the credit, during the servicing of the loan, or in the foreclosure process.
Reserve Bank of India (RBI) does have a fair practices code which requires banks to draw up their own guidelines regarding lender liability.
FEI is also enhancing its product offerings to include lender liability, general liability and stand-alone excess liability.
credit unions with its fidelity bond and management and professional liability coverages, has seen an increase in both frequency and loss amounts from credit unions involved in lender liability lawsuits.
Today, banks are more willing to negotiate without legal action, but are increasingly wary of lender liability and hasty borrowers.
Linden joins the firm as an executive shareholder and focuses on real estate and title insurance litigation, as well as other complex commercial, class actions, construction and banking litigation, general contract disputes, shareholder and partnership disputes, and lender liability defense.