Quantcast
Home / Opinion Digests / Bank Execs Showed ‘Good Faith’ Defense (access required)

Bank Execs Showed ‘Good Faith’ Defense (access required)

Testimony from two executives of a bank that acted as a warehouse lender for debtor and his fraudulent mortgage operations supported the bank’s good faith defense to the bankruptcy trustee’s action to avoid payments debtors made to the bank, and a split panel of the 4th Circuit upholds dismissal of the trustee’s action under 11 ...