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Home / Opinion / 2009AP2721 BVB1, LLC v. Investors Bank

2009AP2721 BVB1, LLC v. Investors Bank

Contracts Accord and satisfaction; waiver Even though a lender accepted repayment, it is not barred from enforcing a prepayment penalty, where the borrower sent a letter reserving its right to contest the provision and then did contest it. "InvestorsBank did not consent to defective performance. Instead, InvestorsBank offered to reduce the prepayment penalty in order to permit InvestorsBank ...

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