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The Economic Loss Doctrine: A Valuable Shield for Lenders

Sometimes, they may even accuse you of causing them harm through negligence, breach of contract, or even breach of fiduciary duty. While the typical borrower-lender relationship doesn't create a fiduciary duty, certain...more

Fourth Circuit Says "Do the Math" For Attorneys' Fees Awards

In North Carolina, a loan agreement can require a borrower to pay attorneys' fees upon default to reimburse the lender for collection expenses....more

Flipping the Script: Court holds that a Lender can sue a Borrower for Unfair and Deceptive Trade Practices

Recently, in Makadia v. Continental Waste Management, LLC, the United States District Court for the Eastern District of North Carolina considered a matter that may have caused a double-take. The case involved a dispute...more

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