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Breach of Contract › Discovery Rule

Parker Poe Adams & Bernstein LLP

N.C. Supreme Court Opinion on Discovery Rule: Bad for Defendants, Good for Plaintiffs' Bar

Parker Poe Adams & Bernstein LLP on

Well that was unexpected. In a major ruling on March 12 (Chisum v. Campagna), the North Carolina Supreme Court set aside almost 40 years of established precedent and held that the “discovery rule” applies to the accrual of...more

Bass, Berry & Sims PLC

Chris Lazarini Discusses Tolling Principles Under Statutes of Limitation and Repose

Bass, Berry & Sims PLC on

Bass, Berry & Sims attorney Chris Lazarini discussed a case in which the plaintiffs sued Edward Jones alleging violations of various securities laws related to their investment in an annuity, which they had thought was joint...more

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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