Idaho First National Bank v. David Steed

This is a lender liability case. The primary issue presented is whether the trial court was correct in granting summary judgment dismissing the counterclaim of the borrowers alleging that the lender breached the covenant of good faith and fair dealing. We agree with the trial court that there were no genuine issues of material fact concerning this counterclaim and that summary judgment was appropriate. We also rule: (1) the trial Judge did not abuse his discretion in denying disqualification motions of the borrowers, (2) the borrowers were not entitled to a jury trial to determine the amount of the deficiency judgment, and (3) the deficiency and attorney fees awarded by the trial court were reasonable.