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- W3101761897 abstract "The 1980s brought worrisome times for institutional commercial lenders in the United States. For the borrower, the common law and statutory theories of lender liability represented a legal arsenal to help balance what often, traditionally, had been a “one-sided” playing field. This chapter attempts to take a balanced perspective on the past two decades of lender liability litigation in the US. It discusses factual indiciae and situations often leading to or involving lender liability; the basic common law theories being utilised in lender liability litigation; the emerging statutory theories. The chapter admits to taking a pro-lender posture in setting forth the proposition that uncritical approaches taken by some US courts in blurring legal lines and policy distinctions between contract and tort causes of action have led to an unwarranted and undesirable expansion of lender liability in the US. It discusses certain lender protective devices, and offers certain practical suggestions for lenders in avoiding or minimising liability exposure." @default.
- W3101761897 created "2020-11-23" @default.
- W3101761897 creator A5087039296 @default.
- W3101761897 date "2020-11-25" @default.
- W3101761897 modified "2023-09-23" @default.
- W3101761897 title "Lender Liability in the United States: A More Balanced Playing Field" @default.
- W3101761897 doi "https://doi.org/10.4324/9781003123071-12" @default.
- W3101761897 hasPublicationYear "2020" @default.
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