Interpharm v. Wells Fargo: Second Circuit Upholds Lender Release in Post-default Forbearance Agreement | Practical Law

Interpharm v. Wells Fargo: Second Circuit Upholds Lender Release in Post-default Forbearance Agreement | Practical Law

The US Court of Appeals for the Second Circuit, in Interpharm, Inc. v. Wells Fargo Bank, National Ass'n, held that a release of the lender in a post-default forbearance agreement was enforceable because the release was not induced by economic duress. 

Interpharm v. Wells Fargo: Second Circuit Upholds Lender Release in Post-default Forbearance Agreement

by PLC Finance
Published on 20 Sep 2011USA (National/Federal)
The US Court of Appeals for the Second Circuit, in Interpharm, Inc. v. Wells Fargo Bank, National Ass'n, held that a release of the lender in a post-default forbearance agreement was enforceable because the release was not induced by economic duress.