Finding The Unicorn In Lender Liability Litigation

Law360, New York (September 18, 2017, 2:56 PM EDT) -- Investors frequently talk in terms of trying to find the next unicorn, that small startup company that is going to turn into a billion-dollar valuation. Lawyers are like that as well, always looking for that new decision where a court opens a crack in the door of some long held legal theory. Something like this occurred in the 1980s, when the courts in California held that a party could bring a tort action for the breach of the obligation of good faith. The courts were expanding...
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