Logan Bank & Trust Co. v. Letter Shop, Inc.

How courts have described this case

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

• holding that a creditor’s duty to disclose information about a debtor to a surety arises when the creditor has reason to believe that facts are material to the surety as well as a reasonable opportunity to communicate the facts (emphasis added)
• adopting §124 of the Restatement of the Law of Security (1941) concerning when a creditor has a duty to disclose certain facts concerning a debtor to a surety

Source: CourtListener parenthetical corpus (CC0).