This Comment discusses the modern trend of workout agreements and the particular difficulties these agreements have given rise to. The Comment discusses the inadequacies of the traditional theories used in lender liability settings and advocates the imposition of a fiduciary relationship in workout agreements where the lender is given control of the operation of the debtor's business.
College of Law
Northern Illinois University Law Review
Neppl, Jeffrey J.
"Lender Liability Under a Workout Agreement: A View Towards a More Balanced Approach,"
Northern Illinois University Law Review: Vol. 8:
2, Article 4.
Jeffrey J. Neppl, Comment, Lender Liability Under a Workout Agreement: A View Towards a More Balanced Approach, 8 N. Ill. U. L. Rev. 505 (1988).