News & Analysis as of

Promissory Notes Fraudulent Inducement Breach of Contract

Morris James LLP

Superior Court CCLD Holds that Lack of Agency Relationship Between Founders and Seller Prevents Imputation of Fraud to Seller

Morris James LLP on

Pinnacle IV, L.P. v. Cyberlabs AI Holdings Ltd., C.A. No. N23C-04-021 MAA CCLD (Del. Super. July 11, 2024) - Who can be held liable for a fraudulent statement is often a key issue in fraud claims. In this decision from...more

Freiberger Haber LLP

Fraud Claim Held Not Duplicative of a Single Page Contract

Freiberger Haber LLP on

A common theme in commercial litigation is the assertion of a breach of contract claim and a fraudulent inducement claim. A plaintiff claiming a breach of contract must show (1) the existence of a contract; (2) the...more

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