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Banking and Finance Law

St. Mary's University

Series

2017

Banks

Articles 1 - 1 of 1

Full-Text Articles in Law

Well Enough Alone: Liability For Wrongful Foreclosure, Chad J. Pomeroy Jan 2017

Well Enough Alone: Liability For Wrongful Foreclosure, Chad J. Pomeroy

Faculty Articles

Part I of this Article both sets the stage for the current environment, in which banks and their officers and directors are under the spotlight and face an increasing amount of pressure due to their perceived role in the instigation of the Great Recession, and then examines in detail improvident lending and wrongful foreclosure, two of the wrongful acts banks have committed in connection with our current financial crisis that have generated a substantial amount of public interest and comment.

Part II examines the potential of officer and director liability for these disparate elements of the Great Recession, looking first …