Shearson Lehman Bros., Inc. v. Wasatch Bank

How courts have described this case

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

• explaining that “a bank’s failure to follow commercially reasonable banking procedures or to comply with its own policies generally will not constitute a lack of good faith”
• noting that only California and Nebraska have adopted this rule
• “Absent some evidence of a more pernicious motive, merely treating valued customers as such by allowing them special privileges not afforded to others will not be construed as commercial bad faith”

Source: CourtListener parenthetical corpus (CC0).