Maryland Court of Special Appeals: Contract Not Breached When Checks Lost
The Daily Record (Baltimore) › February 09, 2009
Linked as:
The Daily Record (Baltimore) › February 09, 2009
Linked as:Summary
A creditor who loses a check presented to it for payment cannot successfully sue the debtor for breach of contract, the Court of Special Appeals has held.
While the debtor's obligation is not discharged, it is suspended until the bank declines to accept the check, the appellate court said.See the full content of this document
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Maryland Court of Special Appeals: Contract Not Breached When Checks Lost
Fidelity & Deposit Co. of Maryland, a commercial surety, sued Gladwynne C...
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