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Breach of Contract Fraud Discovery Rule

Foley & Lardner LLP

7th Cir. Leaves Distressed-Asset Investor With No Remedy, or Exactly What it Bargained for

Foley & Lardner LLP on

It’s rare that a party to a contract can breach it but not be liable for a remedy. Yet that’s precisely what happened last week in Southern Financial Group, LLC v. McFarland State Bank, No. 13-3378 (7th Cir. Aug. 15, 2014), a...more

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