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Home / News Stories / Breach of good faith under UCC not a tort (access required)

Breach of good faith under UCC not a tort (access required)

A borrower cannot sue a bank in tort for a breach of the duty of good faith under the Uniform Commercial Code, the Virginia Supreme Court has ruled in a case of first impression. A contract claim may exist for breach of the good-faith duty, the court said. But lawyers dismissed this finding as unhelpful: Any ...