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Daily Archives: Monday, January 2, 2017

Posted: January 2, 2017

If Party Has No Way of Discovering Problem, Specific Disclaimer May Not Bar Claim

On December 20, 2016, Justice Ostrager of the New York County Commercial Division issued a decision in LibertyView Credit Opportunities Fund v. Banc of America Credit Products, Inc., 2016 NY Slip Op. 32507(U), holding that if a party has no way of discovering a material fact relating to a transaction, even a specific disclaimer may... Read more »