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Home / Opinion Digests / Surety’s claims against bank fail (access required)

Surety’s claims against bank fail (access required)

A surety that paid out more than $3.7 million in claims failed in its attempt to sue the principal’s bank because its claims were time-barred, a negligence claim failed as a matter of law, there was no confidential relationship as required for a constructive fraud claim and the elements of breach of trust, constructive trust ...