First Circuit Court of Appeals Addresses Instrumentality Theory of Lender Liability for the First Time | Practical Law

First Circuit Court of Appeals Addresses Instrumentality Theory of Lender Liability for the First Time | Practical Law

An update on the First Circuit Court of Appeals' decision in Famm Steel Inc. v. Sovereign Bank, in which the Court addressed the instrumentality theory of lender liability for the first time.

First Circuit Court of Appeals Addresses Instrumentality Theory of Lender Liability for the First Time

by PLC Finance
Published on 17 Jun 2009 • USA (National/Federal)
An update on the First Circuit Court of Appeals' decision in Famm Steel Inc. v. Sovereign Bank, in which the Court addressed the instrumentality theory of lender liability for the first time.