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Seller had no duty to investigate accuracy of information
- Katten Muchin Rosenman LLP
- -
- USA
- -
- April 23 2010
A federal court in Minnesota dismissed all claims against a seller of consumer debt accounts after the purchaser failed to establish that the seller knew the accounts had, contrary to the representations in the seller's advertising, been turned over to collection agencies
Class certification of fraud claim denied
- Katten Muchin Rosenman LLP
- -
- USA
- -
- January 28 2011
A federal district court recently held that a group of aggrieved consumers will not be able to pursue their fraud claims as a class against the company that purportedly deceived them because the company's growing awareness that the customers would not receive their merchandise raised questions of fact requiring individualized adjudication
Start-up company fails to recover profits
- Katten Muchin Rosenman LLP
- -
- USA
- -
- December 17 2010
A federal court in New York recently ruled that a start-up mineral water company had no recourse to the "wrongdoer rule," which permits a complainant to recover damages in a breach of contract action even if the amount of damages is uncertain, because the company did not have sufficient proof that it suffered any damages at all
Fiduciary duty claim survives against non-officer
- Katten Muchin Rosenman LLP
- -
- USA
- -
- December 17 2010
A federal court in Kentucky recently ruled that a former manager at a medical device manufacturer could be liable for breach of fiduciary duty for planning to start a rival business while working at the company despite not serving as either an officer or director of the firm
