Jaffe v. Bank of America, N.A.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• “As a matter of law, the reference to the underlying contract in the [‘separate contract’] does not incorporate the terms of the underlying contract into the [‘separate contract’].”
• “One may not . . . unilaterally impose a fiduciary relationship [on a bank] without a conscious assumption of such duties by [that bank] to be held liable as a fiduciary.”
• “Plaintiffs cannot prevail on their civil conspiracy theory because there is no evidence of any kind to support Plaintiffs’ allegations that BoA and ABC entered into an agreement to defraud the Plaintiffs of money they put up to purchase a yacht.”
• bank does not owe fiduciary duty in arm’s length transaction

Source: CourtListener parenthetical corpus (CC0).