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Home / Opinion Digests / No Attorney’s Fees for Banks’ Tort Defense (access required)

No Attorney’s Fees for Banks’ Tort Defense (access required)

An Alexandria U.S. District Court says although the parties’ loan documents allow a bank to collect attorney’s fees for expenses “incurred to enforce” the loan documents, the documents’ fee-shifting provisions do not cover the bank’s legal fees for defending a tort suit filed by plaintiff debtors after the bank’s collection agency contacted debtors’ customers. The issue ...

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