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Defective Notice of Default

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Here is a case that sums up the risk a lender faces when its notice of default is defective. The guarantor might be “off the hook.”

Acting in Bad Faith, Breaching the Implied Covenant of Good Faith

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It is common sense that you don’t expect the person you are entering into an agreement with you purposefully try to dupe you. The doctrine of the Implied Covenant of Good Faith and Fair Dealing states that just that. Here is the standard in New York.

Scott Lanin

Defective Notice of Default

/in /by

Here is a case that sums up the risk a lender faces when its notice of default is defective. The guarantor might be “off the hook.”

Scott Lanin

Acting in Bad Faith, Breaching the Implied Covenant of Good Faith

/in /by

It is common sense that you don’t expect the person you are entering into an agreement with you purposefully try to dupe you. The doctrine of the Implied Covenant of Good Faith and Fair Dealing states that just that. Here is the standard in New York.