Neighborhood Transformation
Neighborhood Transformation
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Lender Liability Overview

Lender liability is made up of a body of common and statutory law covering a broad spectrum of claims. Claims may arise under the following areas:

1.   Breach of Contract
  • Breach of commitment to fund or renew loans
  • Oral commitments
  • Good faith and fair dealing
2.   Duress
3.   Bad faith
4.   Breach of fiduciary duty
5.   Fraud and misrepresentation
6.   Negligent loan processing and administration
7.   Interference
  • Interference with contractual affairs
  • Interference with corporate governance
8.   Equitable subordination in a bankruptcy case
9.   Fraudulent transfers
10.   Preferential tranfers
11.   Fair Labor Standards Act
12.   Equal Credit Opportunity Act
13.   Antitrust laws
14.   Anti-tying
15.   Environmental Laws
  • Comprehensive Environmental Response, Compensation and Liability Act ("CERCLA")
  • Resource Conservation and Recovery Act
  • Underground storage tanks
  • Trustee and fiduciary liability<
  • State super-lien laws
16.   RICO
17.   Withholding taxes
18.   Securities laws
19.   Bank Secrecy Act
20.   Director and Officer liability to state and federal regulators