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Tag Archives: Creditor’s Rights

Default Judgment, Fees Awarded in Detinue Action (access required)

Plaintiff bank is entitled to default judgment against defendant entities that operated pizza restaurants, in the bank’s action for breach of an agreement, breach of a guaranty agreement and for an order of detinue, and the Alexandria U.S. District Court ...

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Guarantors Liable for Promised Rent Payments (access required)

Plaintiff lender wins summary judgment against defendant guarantors on loans to develop a retail site in the Richmond area; once the borrower defaulted on its loan payments, it owed plaintiff the remainder of the rent payments after paying property-related expenses, ...

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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 ...

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