Keenan v. Donaldson, Lufkin & Jenrette, Inc., No. 09-30102 - U.S. Fifth Circuit
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Keenan v. Donaldson, Lufkin & Jenrette, Inc., No. 09-30102

In a breach of contract dispute involving the extension of a credit facility, summary judgment for Defendant is affirmed in part where Defendants owed no fiduciary duty to Plaintiff; but reversed in part, where Plaintiff's detrimental reliance and promissory estoppel claims derived from a breach of promise rather than a breach of duty, and thus were not barred by the statute of limitations.

Read Keenan v. Donaldson, Lufkin & Jenrette, Inc., No. 09-30102

Appellate Information

Filed July 9, 2009

Judges

Opinion by Judge Haynes