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Home / Opinion Digests / ‘Arbitrary’ Document Review Claim Survives (access required)

‘Arbitrary’ Document Review Claim Survives (access required)

A Norfolk U.S. District Court declines to reconsider its earlier refusal to dismiss plaintiff’s claim of arbitrary conduct in defendant bank’s review of financial statements, as a possible breach of the duty of good faith and fair dealing in common law contracts. The court reasoned that – because the contract required plaintiffs to produce financial statements ...

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