· 4/14/1992
Parker v. Columbia Bank
Citations
- 604 A.2d 521
- 91 Md. App. 346
- 1992 Md. App. LEXIS 84
How courts have described this case
Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.
- holding that . where there is “‘no contractual basis for a special duty of care is alleged, a lender owes no duty of. care to its borrower”
- holding that defendant’s statement that plaintiffs had “nothing to worry about” and his “alleged misrepresentations as to his. _ own experience in loan administration” were merely matters of opinion
- noting that special circumstances may exist where the bank receives economic benefits beyond those of the underlying mortgage
- noting that a duty of good faith and fair dealing “prohibits one party to a contract from acting in such a manner as to prevent the other party from performing his obligations under the contract”
- addressing duty of good faith and fair dealing in contracts between lender and borrower
- stating that, under Maryland law, the implied duty of good faith “simply prohibits one party to a contract from acting in such a manner as to prevent the other party from performing his [or her] obligations under the contract”
Source: CourtListener parenthetical corpus (CC0).
Judges: Wenner, Davis, Motz
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.