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Dragnet Clauses: Fischer V First Int’L Bank, 2003, Roger Bernhardt
Dragnet Clauses: Fischer V First Int’L Bank, 2003, Roger Bernhardt
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This article discusses a California case which held that a boilerplate “dragnet” clause in a deed of trust did not defeat the borrower’s claim that the bank’s other loans to the borrower were not cross-collateralized.