· 3/2/1993
F.C. Imports, Inc. v. First National Bank of Boston, N.A.
Citations
- 816 F. Supp. 78
- 1993 WL 59385
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- discussing instrumentality theory in suit brought by wholesale supplier against bank from which a retail seller had borrowed to recover from the bank on debts owed by the seller to the supplier
- “Lenders have traditionally been held to have no duty to third parties dealing with their borrower.”
- “Generally no fiduciary relationship exists between a bank and its depositors or loan customers.”
Source: CourtListener parenthetical corpus (CC0).
Judges: Pieras
Read full opinion on CourtListenerSourced from CourtListener / Free Law Project (CC0).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.