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Home / Opinions / Courts / 8th U.S. Circuit Court of Appeals / Banks and Banking: Refusal To Extend Loan – Commitment Letter – Promissory Estoppel

Banks and Banking: Refusal To Extend Loan – Commitment Letter – Promissory Estoppel

Where a company brought an action against a bank seeking damages for the bank's refusal to extend a loan, summary judgment for the bank was proper on the plaintiff's claims of breach of contract and breach of the duty of good faith and fair dealing because the letter of commitment at issue was conditional and ...

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