Trusts - Constructive Trust - Implied Contracts - Truth in Lending

Authors

Michael T. Reilly

Abstract

The Supreme Court of Pennsylvania has held that mortgagors, alleging the misuse of escrow funds by mortgagees, stated a cause of action for breach of an express trust, for imposition of a constructive trust, and for breach of an implied contract, but that the allegations, if proven, would not violate the Truth in Lending Act.

Buchanan v. Brentwood Federal Savings & Loan Association, 320 A.2d 117 (Pa. 1974).

First Page

374

Recommended Citation

Michael T. Reilly, Trusts - Constructive Trust - Implied Contracts - Truth in Lending, 13 Duq. L. Rev. 374 (1974).
Available at: https://dsc.duq.edu/dlr/vol13/iss2/11