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Home / Opinion Digests / Implied Covenant Protects Defaulting Borrower (access required)

Implied Covenant Protects Defaulting Borrower (access required)

The Richmond U.S. District Court denies lenders’ motion to dismiss borrower’s complaint alleging breach of contract, equitable estoppel and constructive fraud in connection with the foreclosure sale of his home; the court says borrower stated a claim as to breach of the implied covenant of good faith and fair dealing existing in all valid and ...