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Home / Opinion Digests / Business Law / Contract – Loan Agreements – Guaranty – Fraud Claim (access required)

Contract – Loan Agreements – Guaranty – Fraud Claim (access required)

A Richmond U.S. District Court dismisses a borrower’s pro se counterclaim for fraud against plaintiff bank, which has sued for breach of contract in the borrower’s default on five loan agreements between the bank and defendant and his company. The borrower’s counterclaim fails first because the alleged misrepresentation upon which his claim relied concerned the ...