Justia Business Law Opinion Summaries

TCF filed suit against Market, alleging claims concerning the statutes of limitations for fraud, contract, and negligence. TCF had entered into a contract with Market under which TCF purchased Field Asset Verifications for Minnesota properties in 2002. The district court granted summary judgment for Market. The court held that the district court properly held that TCF discovered sufficient facts so that the limitations period for TCF’s fraud claims expired before TCF filed suit in September 2011. The court also held that the non-fraud claims accrued more than six years before TCF filed suit and that the limitations period was not tolled to prevent expiration prior to September 2011. Accordingly, the court affirmed the judgment. View "TCF Nat'l Bank v. Market Intelligence, Inc." on Justia Law