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
    • Undergroud 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

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