A woman left on the hook for $230,000 when she co-signed a loan for her daughter can't sue the daughter's lawyer for failing to warn of the risk, a state appeals court holds.
July 31, 2013 at 02:04 AM
1 minute read
A woman left on the hook for $230,000 when she co-signed a loan for her daughter can't sue the daughter's lawyer for failing to warn of the risk, a state appeals court held on Tuesday.
Though the attorney prompted her to sign the loan documents, he owed no duty to the nonclient, the Appellate Division said in Lawrence v. Schenck Price Smith & King, A-3975-11.
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